Debt Investment definition

Debt Investment. Any real estate related loan to a third party, including but not limited to (a) loans secured by a mortgage or deed of trust or similar security instrument, (b) mezzanine loans, and (c) B-Notes.

Debt Investment. An Investment constituting an obligation for borrowed money, whether secured or unsecured, but specifically excluding accounts payable, trade payables and/or accrued expenses arising in the ordinary course of business. Dollars or $: Dollars in lawful currency of the United States of America.

Debt Investment means any secured or unsecured loan obligation or debt obligation in which the Issuer has invested by way of the extension of credit, or the purchase or acquisition thereof from time to time (or if the context requires, to be purchased or advanced by or on behalf of the Issuer) each of which the Investment Manager has determined, in accordance with the Investment Management Agreement, satisfies the Eligibility Criteria. For the avoidance of doubt, any obligation which satisfies the Eligibility Criteria at the time the Issuer or the Investment Manager on behalf of the Issuer has entered into a binding commitment to purchase it, shall constitute a Debt Investment even if it subsequently fails to satisfy paragraphs (a), (b), (c), (d), (e), (f), (g), (h), (i), (j), (k), (m) and/or (n) of the Eligibility Criteria.

Examples of Debt Investment in a sentence

• Any and all expenses incurred by the Company, the Operating Partnership, the Advisor, or any of their Affiliates in connection with the disposition of any Real Property, Real Estate Related Security or Debt Investment, whether or not finally sold, including, without limitation, legal fees and expenses, travel and communications expenses and accounting fees and expenses.

• This Agreement shall automatically terminate as to any specific Project or Debt Investment upon its sale or other transfer of ownership to a person other than Owner or an affiliate of Owner.

• Prior to the sale of any debt issue, including financing leases as provided under State law, the District is required to submit a report of the proposed debt issuance to the California Debt Investment and Advisory Commission (“CDIAC”) that is to include a certification that the District has adopted local debt policies and that the debt issuance is consistent with those local debt policies.

• In the event that Owner forecloses or otherwise takes title to the real property underlying a Debt Investment, the underlying property will automatically become a Project under this Agreement, unless the property is excluded pursuant to Section 2.01 of this Agreement, and Manager will thereafter be entitled to receive a Management Fee instead of a Loan Servicing Fee with respect thereto.

• Such engagement shall not commence with respect to any particular Project or Debt Investment until Owner, in its sole discretion, has the ability to appoint or hire the Manager.

More Definitions of Debt Investment

Debt Investment means any Investment in the form of a loan or advance to a Debt Investment Obligor, making of a time deposit with a Debt Investment Obligor, or guarantee or assumption of any obligations of a Debt Investment Obligor or otherwise.

Debt Investment means direct or indirect loans or other debt obligations, the proceeds of which shall be used to:

Debt Investment means any Investment by theany Borrower or any Restricted Subsidiary consisting of lending of money or other extensions of credit.

Debt Investment means a loan with a term of not less than six years.

Debt Investment has the meaning set forth in Section 3.8(b).

Debt Investment means an investment, or part of an investment, by a Fund in a Qualified Enterprise that, at the time the investment is made, is permitted to be recorded as a liability on the books of the investee in accordance with applicable accounting rules;

Debt Investment. A Portfolio Investment constituting an obligation for borrowed money, whether secured or unsecured, but specifically excluding accounts payable, trade payables and/or accrued expenses arising in the ordinary course of business. Default: Any event or condition which constitutes an Event of Default or which upon notice, lapse of time or both would, unless cured or waived, become an Event of Default. Dollars or $: Dollars in lawful currency of the United States of America.