Defeasance Documents definition

Defeasance Documents shall have the meaning set forth in Section 14.4(b)(ii) hereof.
Defeasance Documents means this Agreement, the Account Agreement, the Defeasance Assumption Agreement, the Waiver and Consent, the Defeasance Certificate, the Note, and all financing statements now or hereafter filed in connection with this Agreement and all other documents, instruments and agreements now or hereafter executed in connection with the Defeasance, all as amended, continued or otherwise modified; provided, that for purposes of any assumption of any obligations by the Successor Borrower under the Defeasance Assumption Agreement, the Waiver and Consent and the Defeasance Certificate shall be excluded from this definition.
Defeasance Documents means all documents entered into or distributed in connection with the Existing Notes Defeasance.

Examples of Defeasance Documents in a sentence

  • Except as modified by this Agreement and the other Defeasance Documents, the Loan Documents shall remain unchanged and in full force and effect.

  • No such changes will increase Pledgor’s obligations under the Loan Documents and the Defeasance Documents that continue after the date of this Agreement as set forth in Section 5 above.

  • Notwithstanding the foregoing, from and after the date hereof, any new agreement pertaining to the Loan and any amendment, modification or extension of the Defeasance Documents may be made solely by Successor Borrower and Pledgee and shall not require the consent or execution of Pledgor.

  • Pledgor will not, and Pledgor will not permit any Person to, sell, assign, transfer, convey, pledge or otherwise dispose of all or any direct or indirect interest in Pledgor, without the prior written consent of Pledgee, until the earlier of the date on which (i) Pledgor has transferred all of its right, title and interest in the Pledged Collateral in accordance with the terms of the Defeasance Documents, or (ii) all Secured Obligations have been paid in full and satisfied.

  • The provisions set forth in this Section 5 shall survive any release of Pledgor by Pledgee set forth in the Defeasance Documents and any termination of this Agreement.

  • So long as no Event of Default shall have occurred and be continuing, all distributions, cash, interest, earnings, return of capital or other payments made in respect of the Pledged Collateral shall be deposited in the Pledged Collateral Account and utilized in accordance with the provisions of the Defeasance Documents (which utilization shall include, without limitation, the payment of scheduled installments due under the Note and the final payment on the Maturity Date).

  • Except as expressly set forth in this Agreement, Pledgee hereby releases Pledgor from its obligations under the Loan Documents and the Defeasance Documents.

  • At all times, whether before or during the continuation of any Event of Default, all rights to enforce and collect payments in respect of the Pledged Collateral or to direct the disposition thereof shall be exercised exclusively by Pledgee and the proceeds of any such exercise shall be applied to Pledgor’s obligations under the Defeasance Documents.

  • Except where notice is specifically required by this Agreement or the other Defeasance Documents, no notice to or demand on Pledgor in any case shall entitle Pledgor to any other or further notice or demand in similar or other circumstances.

  • Except as modified by this Agreement and the other Defeasance Documents, the Mortgage Loan Documents shall remain unchanged and in full force and effect.


More Definitions of Defeasance Documents

Defeasance Documents means this Agreement; the Note; the Account Agreement; the Assignment and Assumption Agreement; the Modification, Waiver and Consent Agreement of even date herewith from Pledgee to Pledgor; the Certificate of Borrower executed by Pledgor of even date herewith; and all financing statements filed in connection with this Agreement, all as amended, continued or otherwise modified.
Defeasance Documents. This Agreement; the Note; the Loan Agreement; the Defeasance Assignment, Assumption and Release Agreement; the Defeasance Account Agreement; the Modification, Waiver and Consent Agreement, dated as of the Closing Date, by and between Pledgor and Pledgee; the Certificate of Borrower, dated as of the Closing Date, executed by Pledgor; and all financing statements filed in connection with this Agreement, all as amended, continued or otherwise modified.
Defeasance Documents. This Agreement; the Note; the Loan Agreement; the Defeasance Assignment, Assumption and Release Agreement; the Defeasance Account Agreement; the Modification, Waiver and Consent, dated as of the Closing Date, by and between Pledgor and Pledgee; the Certificate of Borrower, dated as of the Closing Date, executed by Pledgor; and all financing statements filed in connection with this Agreement, all as amended, continued or otherwise modified, provided that for purposes of any assumption by Successor Borrower herein, the Waiver and Consent and Certificate of Borrower shall be excluded from this definition.
Defeasance Documents means this Agreement, the Note, the Loan Agreement (to the extent defined terms and payment terms in the Loan Agreement are by reference incorporated in the Note), the Account Agreement, the Assumption Agreement, the Waiver and Consent and the Defeasance Certificate, all as amended, continued or otherwise modified, provided that, for purposes of any assumption by Successor Borrower herein, the Defeasance Waiver and Consent Agreement and the Defeasance Certificate shall be excluded from this definition.
Defeasance Documents shall have the meaning ascribed to such term in the Defeasance Pledge Agreement.