Designated Mezzanine Lender definition

Designated Mezzanine Lender shall have the meaning ascribed thereto in Section 14.1 hereof.
Sample 1Sample 2Sample 3
Designated Mezzanine Lender means (i) any Mezzanine Lender designated by Master Landlord pursuant to the foregoing provisions of this Section 14.1 and (ii) any successor Mezzanine Lender designated as the Designated Mezzanine Lender pursuant to a DML Substitution Notice; provided, however, that notwithstanding anything to the contrary contained herein, in no event shall there ever by more than one (1) Designated Mezzanine Lender. Once a Mezzanine Lender has been designated as the Designated Mezzanine Lender, such Designated Mezzanine Lender shall have the right to assign its rights as Designated Mezzanine Lender to a successor Mezzanine Lender and simultaneously resign as the Designated Mezzanine Lender pursuant to a written notice (a “DML Substitution Notice”) sent by the assigning Designated Mezzanine Lender to Wachovia, which notice shall set forth such resignation of the assigning Designated Mezzanine Lender and the designation of the new Designated Mezzanine Lender as irrevocable (subject only to the provisions of this Section 14.1). The designation of a Designated Mezzanine Lender may be revoked only pursuant to a written notice to Wachovia (i) in the case of a DML Substitution Notice, executed by the assigning Designated Mezzanine Lender and the new Designated Mezzanine Lender or (ii) in connection with a revocation (other than in connection with an assignment pursuant to a DML Substitution Notice), by both the Designated Mezzanine Lender and Master Landlord. Notwithstanding anything to the contrary contained herein, in no event shall any Mezzanine Lender (other than the single Designated Mezzanine Lender that may, from time to time, be designated hereunder pursuant to this Section 14.1) have any rights or standing under this Agreement.
Sample 1Sample 2Sample 3
Designated Mezzanine Lender means, individually and collectively, as the context shall require (i) any holder of a Mezzanine Loan or any portion thereof, the original principal balance of which was $200,000,000.00 or more, provided, however, that if any Mezzanine Loan having an original principal balance of $200,000,000.00 or more is split and severed into two or more Mezzanine Loans all of which had an original principal balance of less than $200,000,000.00, the holders of such split and severed Mezzanine Loans having an aggregate original principal balance of $200,000,000.00 or more, acting jointly, shall be deemed to collectively constitute a Designated Mezzanine Lender, and (ii) any holder of both a Mezzanine Loan and a portion of the Mortgage Loan or a participation therein, the aggregate original principal balance of which was $200,000,000.00 or more.
Sample 1Sample 2

Examples of Designated Mezzanine Lender in a sentence

  • The term “Designated Mezzanine Lender” shall mean (i) any Mezzanine Lender designated by Master Landlord pursuant to the foregoing provisions of this Section 14.1 and (ii) any successor Mezzanine Lender designated as the Designated Mezzanine Lender pursuant to a DML Substitution Notice; provided, however, that notwithstanding anything to the contrary contained herein, in no event shall there ever by more than one (1) Designated Mezzanine Lender.

  • The designation of a Designated Mezzanine Lender may be revoked only pursuant to a written notice to Wachovia (i) in the case of a DML Substitution Notice, executed by the assigning Designated Mezzanine Lender and the new Designated Mezzanine Lender or (ii) in connection with a revocation (other than in connection with an assignment pursuant to a DML Substitution Notice), by both the Designated Mezzanine Lender and Master Landlord.

  • Designated Portfolio Lender and Designated Mezzanine Lender each agree that if it shall deliver a notice to either Master Landlord or Wachovia concerning any aspect of this Master Agreement, it shall also send a copy of such notice to the other party hereto.

  • Notwithstanding anything to the contrary contained herein, in no event shall any Mezzanine Lender (other than the single Designated Mezzanine Lender that may, from time to time, be designated hereunder pursuant to this Section 14.1) have any rights or standing under this Agreement.

  • The undersigned hereby certifies to [Wachovia] that, to the best knowledge (after due inquiry) of the undersigned, such party satisfies the criteria established in the Master Agreement for the designation of a party as a Designated Mezzanine Lender.

  • The undersigned hereby recognizes as the Designated Mezzanine Lender and acknowledges that such party is entitled to all of the rights, and is subject to all of the obligations, set forth in the Master Agreement that pertain to the Designated Mezzanine Lender.


More Definitions of Designated Mezzanine Lender

Designated Mezzanine Lender. “DML Designation Notice”; “DML Nominee”;“DML Transferee”; “DML Substitution Notice”; “DPL Acceleration Notice”; “DPL Nominee”; “DPL Substitution Notice”: “Enforcement Completion Date” ; “Integrated Lease”; “Integrated Wachovia Lease”; “Mezzanine Lender”; “Mezzanine Loan”; “Non-Integration Event”; “Portfolio Lender”; “Portfolio Loan”; “Section 2 Lease”; “Third Party Purchaser”; and “Third Party Transfer Event”.
Sample 1Sample 2
Designated Mezzanine Lender. “DML Designation Notice”; “DML Nominee”;“DML Transferee”; “DML Substitution Notice”; “DPL Acceleration Notice”; “DPL Nominee”; “DPL Substitution Notice”: “Enforcement Completion Date” ; “Integrated Lease”; “Integrated Wachovia Lease”; “Mezzanine Lender”; “Mezzanine Loan”; “Non-Integration Event”; “Portfolio Lender”; “Portfolio Loan”; “Section 2 Lease”; “Third Party Purchaser”; and “Third Party Transfer Event”. 6.2· The following Sections of the Original Master Agreement are no longer executory and/or otherwise applicable from and after the date hereof, and thus, as of the date hereof, are hereby deleted from the Master Agreement: Section 2; Section 6; Section 7; Section 8;.Section 10; Section 11; Section 12 (replaced by Section 7 hereof); Section 13; Section 14; and Section 18 (replaced by Section8 hereof).
Sample 1

Related to Designated Mezzanine Lender

  • Mezzanine Lender shall have the meaning set forth in the first paragraph of this Agreement.

  • Accelerated Mezzanine Loan Lender shall have the meaning assigned to such term or an analogous term in the Lead Securitization Servicing Agreement.

  • Accelerated Mezzanine Loan means any mezzanine loan (secured by a pledge of the direct (or indirect) equity interests in the Mortgagor) related to the Mortgage Loan if such mezzanine loan either (i) has been accelerated, or (ii) is the subject of foreclosure proceedings against the related collateral for such mezzanine loan.

  • Mezzanine Loans means, individually or collectively, as the context may require, the First Mezzanine Loan and the Second Mezzanine Loan, and each of the First Mezzanine Loan and/or the Second Mezzanine Loan, individually, a “Mezzanine Loan”.

  • Mezzanine Borrower shall have the meaning set forth in Section 11.6 hereof.

  • Mortgage lender means a “lender” as defined in the Act and which has been approved by the Authority pursuant to the Rules and Regulations.

  • Mezzanine Loan means a mezzanine loan secured by equity interests in the Mortgage Loan Borrower.

  • Farm Credit Lender means a lending institution organized and existing pursuant to the provisions of the Farm Credit Act of 1971 and under the regulation of the Farm Credit Administration.

  • Mortgage Borrower shall have the meaning ascribed to the term “Borrower” in the Loan Agreement (Mortgage).

  • PPP Lender means JPMorgan Chase Bank, N.A.

  • Identified Participating Lenders has the meaning set forth in Section 2.05(a)(v)(C)(3).

  • Selling Lender has the meaning specified in Section 11.7 (

  • Originating Lender has the meaning specified therefor in Section 13.1(e) of the Agreement.

  • Lender has the meaning specified in the introductory paragraph hereto and, as the context requires, includes the Swing Line Lender.

  • Refinancing Lender has the meaning assigned to such term in Section 2.23(c).

  • Mezzanine Loan Agreement means that certain Mezzanine Loan Agreement, dated as of the date hereof, between Mezzanine Borrower and Mezzanine Lender, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.

  • Mezzanine Loan Documents means, as to each Mezzanine Loan, all documents evidencing, securing, guaranteeing and/or perfecting such Mezzanine Loan and all documents executed and/or delivered in connection therewith.

  • Minority institution means an institution of higher education meeting the requirements of Section 365(3) of the Higher Education Act of 1965 (20 U.S.C. 1067k), including a Hispanic-serving institution of higher education, as defined in Section 502(a) of the Act (20 U.S.C. 1101a).

  • Designating Lender has the meaning specified in Section 8.07(h).

  • Project Lender means a commercial bank, savings bank, savings and loan association, credit union or other financial institution that has loaned funds to the Developer to be used for construction of the Redevelopment Project and has secured such loan with a mortgage or security interest in the Redevelopment Project.

  • Tax Lender has the meaning specified therefor in Section 14.2(a) of the Agreement.

  • Incremental Revolving Credit Lender means a Lender with an Incremental Revolving Credit Commitment or an outstanding revolving loan under the Credit Agreement of any class as a result of an Incremental Revolving Credit Commitment.

  • Public Side Lender Representatives means, with respect to any Lender, representatives of such Lender that do not wish to receive MNPI.

  • Lead Lender means a lending insti- tution having a direct contractual rela- tionship with a borrower to advance funds, which institution sells or as- signs an interest or interests in such loan to one or more other lenders.

  • Affiliate Lender shall have the meaning assigned to such term in Section 9.21(a).

  • Minority institutions , as used in this clause, means an institution of higher education meeting the requirements of section 1046(3) of the Higher Education Act of 1965 (20 U.S.C. 1135d-5(3)) which for the purposes of this clause includes a Hispanic-serving institution of higher education as defined in section 316(b)(1) of the Act (20 U.S.C.