CMBS Loan definition
Examples of CMBS Loan in a sentence
In connection with any debt financing or refinancing (including the refinancing of all or a portion of the CMBS Loan) entered into by the Company or any of its Affiliates, the Company shall pay a financing fee in an amount equal to 0.2% of the principal amount of such financing or refinancing amount (a “Financing Fee”).
The Administrative Agent shall receive a complete and correct copy of the Revolving Credit Agreement, the ABL Credit Agreement, the Senior Interim Loan Agreement, the Senior Subordinated Interim Loan Agreement, and the operative ABS Documents, operative CMBS Loan Documents and the other Transaction Documents, in each case reasonably requested by Administrative Agent, each certified as such by a Responsible Officer of the Borrower.
Substantially concurrently with the satisfaction of the other conditions precedent set forth in this subsection 5.1, one or more Special Purpose Subsidiaries of the Acquired Business Parent shall have entered into the operative CMBS Loan Documents to be entered into on the Closing Date.
The Administrative Agent shall have received true, correct and complete copies, certified as to authenticity by the Borrower, of the Convertible Senior Notes Indenture, the CMBS Management Agreement, the CMBS Loan Agreement and such other documents or instruments as may be reasonably requested by the Administrative Agent, including, without limitation, a copy of any debt instrument, security agreement or other material contract to which any of the Loan Parties may be a party.
References herein to commercial mortgage backed securities and related terms are solely to set forth the definitions of Eurodollar Rate Spread, Advance Rate and Maximum Advance Rate for such collateral and the CMBS Loan Agreement shall govern as to all other matters.
Upon termination of this Loan Agreement and the CMBS Loan Agreement and repayment to Lender of all Secured Obligations and the performance of all obligations under the Loan Documents and under the CMBS Loan Agreement, Lender shall release its security interest in any remaining Collateral.
Substantially concurrently with the satisfaction of the other conditions precedent set forth in this subsection 6.1, one or more Special Purpose Subsidiaries of the Acquired Business Parent shall have entered into the operative CMBS Loan Documents to be entered into on the Closing Date.
Seller and Purchaser shall cooperate in good faith to obtain the documents described above, including the provision of a new guarantor entity to provide guaranties (of the type presently set forth in the CMBS Loan Documents) of the non-recourse carve-out provisions and the environmental indemnities (it being understood, however, that the costs of pursuing the above documents shall be borne as set forth in Section 14).
Seller shall receive a Purchase Price credit at Closing in the amount of Two Hundred Fifty Thousand and No/100 Dollars ($250,000) representing Buyer’s share of costs and expenses due under Section 2.5(f) of the CMBS Loan Agreement; the cost of acquiring the Defeasance Collateral (as defined in the CMBS Loan Agreement); and other costs and expenses of Seller and CMBS Borrower paid or incurred in connection with the defeasance.
Borrower and Lender have entered into that certain Amended and Restated CMBS Loan Agreement dated as of February 8, 2001 as amended pursuant to that certain First Amendment to Amended and Restated CMBS Loan Agreement dated as of July 16, 2001 (as further amended, supplemented or otherwise modified and in effect from time to time, collectively, the "Loan Agreement").