First Mezzanine Loan definition

First Mezzanine Loan means the loan in the original principal amount of Two Hundred Million and No/100 Dollars ($200,000,000), made by First Mezzanine Lender to First Mezzanine Borrowers pursuant to the First Mezzanine Loan Agreement.

First Mezzanine Loan shall have the meaning set forth in the Recitals.

First Mezzanine Loan means that certain loan made by the First Mezzanine Lenders to First Mezzanine Borrower as of the Original Closing Date. When made, the First Mezzanine Loan was in the original principal amount of Three Hundred Million and No/100 Dollars ($300,000,000). As of the date hereof, the First Mezzanine Loan is in the outstanding principal amount of Two Hundred Ninety Million Ten Thousand and no/100 Dollars ($290,010,000). The First Mezzanine Loan is evidenced and/or secured by the First Mezzanine Loan Agreement and the First Mezzanine Loan Documents.

Examples of First Mezzanine Loan in a sentence

• Borrowers shall cause First Mezzanine Borrowers to obtain the prior written consent of Lender to enter into any other refinancing of the First Mezzanine Loan which consent shall not be unreasonably withheld, conditioned or delayed.

• Borrowers acknowledge that the obligation to comply with this covenant is separate from, and may be enforced independently from, the obligations of First Mezzanine Borrowers under the First Mezzanine Loan Documents.

• Borrowers shall cause First Mezzanine Borrowers to provide Lender with a copy of any amendment, waiver, supplement, termination or other modification to the First Mezzanine Loan Documents within five (5) days after the execution thereof.

• With respect to any provisions incorporated by reference herein from the Mortgage Loan Agreement and/or the First Mezzanine Loan Agreement, as applicable, such provisions shall be deemed a part of this Agreement notwithstanding the fact that the Mortgage Loan and/or the First Mezzanine Loan, as the case may be, shall no longer be effective for any reason.

• With respect to any provisions incorporated by reference herein from the Mortgage Loan Agreement, the First Mezzanine Loan Agreement and/or the Second Mezzanine Loan Agreement, as applicable, such provisions shall be deemed a part of this Agreement notwithstanding the fact that the Mortgage Loan, the First Mezzanine Loan and/or the Second Mezzanine Loan, as the case may be, shall no longer be effective for any reason.

More Definitions of First Mezzanine Loan

First Mezzanine Loan means that certain $115,000,000 mezzanine loan from First Mezzanine Lender to First Mezzanine Borrower.

First Mezzanine Loan means that certain loan in the original principal amount of $111,000,000 made by German American Capital Corporation, as the original First Mezzanine Lender, to WNT Mezz I, LLC, a Delaware limited liability company, which is the predecessor-in-interest to the First Mezzanine Borrower.7

First Mezzanine Loan. DOCUMENTS shall mean the "Loan Documents (First Mezzanine)" as defined in the First Mezzanine Loan Agreement.

First Mezzanine Loan means that certain loan in the original principal amount of Three Hundred Million and No/100 Dollars ($300,000,000) made by First Mezzanine Lender to First Mezzanine Borrower as of the Original Closing Date.

First Mezzanine Loan means that certain Twenty-Five Million Dollar ($25,000,000.00) mezzanine loan made by First Mezzanine Lender to 415 Greenwich Senior Mezzanine Owner, LLC, which is (i) secured by a pledge of 415 Greenwich Senior Mezzanine Owner, LLC’s interest in the fee owner of the underlying real estate, and, (ii) wholly owned by the debtor under the Purchased Security Documents.

First Mezzanine Loan shall have the meaning set forth in the Intercreditor Agreement.

First Mezzanine Loan has the meaning ascribed to such term in the Recitals hereof.