First Mezzanine Loan definition

First Mezzanine Loan means that certain $18,000,000 mezzanine loan, made as of the date hereof, from First Mezzanine Lender to the First Mezzanine Borrower.

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

• If the Mezzanine Borrower requires the Final Mezzanine Loan Repayment Date to be extended pursuant to the First Mezzanine Loan Extension Option, the Second Mezzanine Loan Extension Option or the Third Mezzanine Loan Extension Option, it is a condition of any such extension that hedging is put in place that satisfies the required hedging conditions under the Mezzanine Facility Agreement.

• Mezz I Loan Agreement” means that certain First Mezzanine Loan Agreement dated as of July 27, 2006 between Mezz I, as borrower, and Wachovia Bank, National Association, as lender.

• To Seller’s knowledge, all representations and warranties in the Purchased Security Documents and in the First Mezzanine Loan documents are true and correct in all material respects.

• Lender shall have received confirmation that First Mezzanine Lender is prepared to fund its pro rata percentage of the applicable related Advance in accordance with the conditions contained in Section 2.8.3 of the First Mezzanine Loan Agreement.

• The rights of Lender pursuant to this Article VII shall be subject to the rights of the Mortgage Lender under the Mortgage Loan Documents and subject to the rights of First Mezzanine Lender under the First Mezzanine Loan Documents.

More Definitions of First Mezzanine Loan

First Mezzanine Loan means the loan in the outstanding principal amount of One Hundred Seventy-Nine Million Five Hundred Fifty-Four Thousand, Three Hundred Ninety-Three and 67/100 Dollars ($179,554,393.67) made by First Mezzanine Lender to First Mezzanine Borrowers pursuant to the First Mezzanine Loan Note.

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.

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

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 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 means that certain loan in the original principal amount of $115,000,000 made by First Mezzanine Lender to First Mezzanine Borrower, pursuant to the First Mezzanine Loan Agreement.