Examples of Junior Mezzanine Loan Documents in a sentence
There are no Junior Mezzanine Loan Documents other than those set forth on Schedule XIV attached hereto.
Borrower has or has caused to be delivered to Lender true, complete and correct copies of all Junior Mezzanine Loan Documents, and none of the Junior Mezzanine Loan Documents has been amended or modified as of the date thereof.
References in this Extension Agreement to the “Loans,” the “Loan Agreements,” or the “Loan Documents” shall be deemed to collectively refer to the Loan, the Mezzanine Loan and the Junior Mezzanine Loan; the Loan Documents, the Mezzanine Loan Documents and the Junior Mezzanine Loan Documents; and the Mortgage Loan Agreement, the Senior Mezzanine Loan Agreement and the Junior Mezzanine Loan Agreement, as applicable.
Without limiting the foregoing, the term Junior Mezzanine Loan Documents shall also include all documents, agreements or instruments evidencing, securing or delivered to an Approved Junior Mezzanine Lender in connection with any Approved Junior Mezzanine Loan.
Further, in connection with any reallocation or modification, Borrower shall deliver to Lender opinions of legal counsel with respect to due execution, authority and enforceability of the Loan Documents, the Mortgage Loan Documents and the Junior Mezzanine Loan Documents, in each case, as amended, and an Additional Insolvency Opinion for the Loan, the Mortgage Loan and the Junior Mezzanine Loan, each as acceptable to Lender, prospective investors and/or the Rating Agencies.
Borrower shall not permit or cause Mortgage Borrower to create, incur, assume or suffer to exist any Lien on any portion of any Individual Property or permit any such action to be taken, except (i) Permitted Encumbrances; (ii) Liens created by or permitted pursuant to the Mortgage Loan Documents and the Junior Mezzanine Loan Documents, and (iii) Liens for Taxes or Other Charges (as defined in the Mortgage Loan Agreement) not yet due.
In addition, as set forth in the Junior Mezzanine Loan Documents and the Loan Documents, respectively, a Deleveraging Prepayment shall be applied first to the Junior Mezzanine Loan, until the Junior Mezzanine Loan is paid in full and then to the Loan, until the Loan is paid in full and then to the Mortgage Loan.
No provision of the Loan Documents, the Mortgage Loan Documents or the Junior Mezzanine Loan Documents shall create a debtor-creditor relationship between Borrower and either Mortgage Lender or Junior Mezzanine Lender or between Lender and either Mortgage Borrower or Junior Mezzanine Borrower.
Distributions to the Junior Mezzanine Borrower in an amount equal to the Junior Mezzanine Debt Service in accordance with the terms of the Junior Mezzanine Loan Documents.
The subdivider shall not expose, cut, tap into, or connect to existing Department of Waterworks lines, and shall not open or close any valves or any fire hydrants without securing permission of the Department of Waterworks.