Junior Mezzanine Notes definition

Junior Mezzanine Notes. The meaning specified in Section 2.4.

Junior Mezzanine Notes means each of the "Mezzanine Notes" as defined in each Junior Mezzanine Loan Agreement.

Junior Mezzanine Notes means, collectively, the Second Mezzanine Notes, Third Mezzanine Notes and such other mezzanine notes created and entered into pursuant to Section 5.1.11(b), as the context may require.

Examples of Junior Mezzanine Notes in a sentence

• Interest payable under the Mortgage Notes, Senior Mezzanine Notes, Mezzanine Notes and Junior Mezzanine Notes shall be calculated through the end of the Interest Period in which such payment is made on the applicable principal amount (even if such period extends beyond such Payment Date and calculated as if such payment had not been made on such Payment Date (i.e. without a deduction for the portion of the Principal Amount included in the Release Price)).

• With respect to any Class of Secured Notes or the Junior Mezzanine Notes and any Payment Date, the amount of interest for the related Interest Accrual Period payable in respect of each U.S.$100,000 Outstanding principal amount of such Class of Secured Notes.

• Collectively, the Secured Notes, the Junior Mezzanine Notes and the Subordinated Notes authorized by, and authenticated and delivered under, this Indenture (as specified in Section 2.3).

• With respect to any Class of Secured Notes and the Junior Mezzanine Notes, the period indicated with respect to such Class in Section 2.3.

• If such offers for the Junior Mezzanine Notes are oversubscribed, the Junior Mezzanine Notes shall be purchased to the extent of Rio Proceeds available therefor on a ratable basis among the accepting Mezzanine Lenders (based upon the face amount of Junior Mezzanine Notes offered by each accepting Mezzanine Lender).

More Definitions of Junior Mezzanine Notes

Junior Mezzanine Notes. Any Notes of any one or more new classes that are fully subordinated to the existing Secured Debt (or to the most Junior Class of Debt of the Issuer (other than the Subordinated Notes)) issued or incurred pursuant to this Indenture and senior to the Subordinated Notes.

Junior Mezzanine Notes means, collectively, such other mezzanine notes created and entered into pursuant to Section 5.1.11(b), as the context may require.

Junior Mezzanine Notes means, collectively, all unpaid Mezzanine Notes evidencing in whole or in part any Junior Mezzanine Loan other than Mezzanine Notes that are designated as Specified Mezzanine Notes in this Agreement.

Junior Mezzanine Notes. The meaning specified in Section 2.13(a). “Knowledgeable Employee”: Any “knowledgeable employee” as defined in Rule 3c-5 under the Investment Company Act. “Lien”: Any grant of a security interest in, mortgage, deed of trust, pledge, hypothecation, assignment, deposit arrangement, encumbrance, lien (statutory or other), preference, priority or other security agreement or preferential arrangement of any kind or nature whatsoever, including, without limitation, any conditional sale or other title retention agreement, and any financing lease having substantially the same economic effect as any of the foregoing (including any UCC financing statement or any similar instrument filed against a Person’s assets or properties). “Limited Liability Company Agreement”: The Issuer’s limited liability company agreement, as may be amended from time to time. “Listed Debt”: Each Class of Debt specified as such in Section 2.3. “Loan”: Any obligation for the payment or repayment of borrowed money that is documented by a term loan agreement, revolving loan agreement or other similar credit agreement. “Loan Agent”: U.S. Bank Trust Company, National Association, as loan agent under the Class A-L Loan Agreement, and any successor thereto. “Loan Register”: The register of Holders of the Class A-L Loans maintained by the Loan Agent pursuant to the Class A-L Loan Agreement and provided to the Trustee. “Loan Registrar”: U.S. Bank Trust Company, National Association, as loan registrar under the Class A-L Loan Agreement, and any successor thereto. “Long Dated Obligation”: A Collateral Obligation, the stated maturity date of which is extended to occur after the Stated Maturity pursuant to an amendment or modification of its terms following its acquisition by the Issuer; provided that in determining the scheduled distributions on any Collateral Obligation occurring after the Stated Maturity of the Secured Debt, such Collateral Obligation will be deemed to have a maturity and amortization schedule based on zero unscheduled prepayments. “LSTA”: The Loan Syndications and Trading Association®. “Maintenance Covenant”: A covenant by any borrower to comply with one or more financial covenants (including without limitation any covenant relating to a borrowing base, asset valuation or similar asset-based requirement) during each reporting period, whether or not such borrower has taken any specified action; provided that a covenant which otherwise satisfies the definition hereof but only applies wh...

Junior Mezzanine Notes. Classes of Notes (other than the Subordinated Notes) that are fully subordinated to the existing Rated Notes and senior to the Subordinated Notes.

Junior Mezzanine Notes. The meaning specified in Section 2.13(a). “LC”: The meaning specified in the definition of the term “Letter of Credit Reimbursement Obligation.” “Letter of Credit Reimbursement Obligation”: A facility received in connection with a workout of a Collateral Obligation whereby (i) a fronting bank (“LOC Agent Bank”) issues or will issue a letter of credit (“LC”) for or on behalf of a borrower pursuant to an Underlying Instrument, (ii) in the event that the LC is drawn upon, and the borrower does not reimburse the LOC Agent Bank, the lender/participant is obligated to fund its portion of the facility and (iii) the LOC Agent Bank passes on (in whole or in part) the fees and any other amounts it receives for providing the LC to the lender/participant. “LIBOR”: The meaning specified in Section 2.14(b). “LIBOR Floor Obligation”: As of any date, a Floating Rate Obligation (a) for which the related Underlying Instruments allow a LIBOR rate option, (b) that provides that such LIBOR rate is (in effect) calculated as the greater of (i) a specified “floor” rate per annum and

Junior Mezzanine Notes means additional notes of one or more new classes that are fully subordinated to the existing Secured Notes.