Mezz Facility definition

Mezz Facility means the US$135 million mezzanine debt facility provided by Sprott to MAC-Sub.
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Mezz Facility means the US$135 million mezzanine debt facility provided by Sprott to MAC-Sub. “Mineral Resource” means a concentration or occurrence of solid material of economic interest in or on
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Examples of Mezz Facility in a sentence

  • Amounts under the CPLV Mezz Facility that are repaid or prepaid may not be reborrowed.

  • The full amount of the CPLV Mezz Facility will be issued on the Closing Date.

  • Additionally the Note A Loan and Note B Loan (as defined in Note 13) are cross-defaulted with the Mezz Facility.

  • The lender on the Mezz Facility has a perfected security interest in the membership interest of NHT 2325 Stemmons, NHT DFW Portfolio and NHT SP.

  • Subject to customary exceptions, the CPLV Mezz Facility will be secured on a first-priority basis by a pledge of the equity interests in a newly formed holding company that will directly own 100% of CPLV Sub (“CPLV Holding”).

  • The relative rights and priorities in the Collateral for the CPLV Mezz Facility and the CPLV Market Debt will be set forth in a customary intercreditor agreement, as between the collateral agent for the CPLV Mezz Facility, on the one hand, and the collateral agent for the CPLV Market Debt, on the other hand.

  • Borrower expenses and “rate creep” prior to default to be set forth in the CPLV Mezz Facility loan documents.

  • In instances where a conflict of interest is not known/recognized until after a matter is concluded/decision is made, Board members shall nevertheless disclose their conflict of interest to the Board Chair, committee chair, or other designated person(s).In instances where Board, committee, or working group members are not certain if they are in conflict of interest, they shall request the advice of the Board Chair, committee chair, or other designated person(s).

  • The impact to the global economy caused by the response to the COVID-19 outbreak has negatively impacted the Company’s ability to obtain new financing, and as a result, the Company was unable to refinance the principal balance of the Mezz Facility.

  • The company should arrange for their sea staff to participate in educational program- mes making clear the undesirable effects of harassment and bullying and setting out the company’s policy.

Related to Mezz Facility

  • LNG facility means a terminal which is used for the liquefaction of natural gas or the importation, offloading, and re-gasification of LNG, and includes ancillary services and temporary storage necessary for the re-gasification process and subsequent delivery to the transmission system, but does not include any part of LNG terminals used for storage;

  • Facility means any real property (including all buildings, fixtures or other improvements located thereon) now, hereafter or heretofore owned, leased, operated or used by Holdings or any of its Subsidiaries or any of their respective predecessors or Affiliates.

  • New Facility means a property previously undeveloped which is placed into service by means other than or in conjunction with expansion or modernization.

  • Off-site facility means a structural BMP located outside the subject property boundary described in the permit application for land development activity.

  • Public facility means 1 or more of the following:

  • Existing Facilities means all existing buildings and other facilities, the sites for the buildings or facilities, and furnishings or equipment for the buildings or facilities located on real property acquired by the building authority under the terms of this act.

  • Securitization Facility means any of one or more securitization, financing, factoring or sales transactions, as amended, supplemented, modified, extended, renewed, restated or refunded from time to time, pursuant to which the Company or any of the Restricted Subsidiaries sells, transfers, pledges or otherwise conveys any Securitization Assets (whether now existing or arising in the future) to a Securitization Subsidiary or any other Person.