Mezz Lender definition

Mezz Lender has the definition set forth in the preamble to this Agreement.
Sample 1Sample 2Sample 3
Mezz Lender shall have the meaning set forth in Recital G.
Sample 1Sample 2
Mezz Lender has the meaning set forth in Section 5.05(a). 84
Sample 1

Examples of Mezz Lender in a sentence

  • Borrower hereby grants to the Collateral Agent, for the benefit of Senior Lender and Mezz Lender, to secure the payment and performance in full of all of the Obligations owed to either or both of them, a continuing security interest in, and assigns by way of collateral to the Collateral Agent, for the benefit of Senior Lender and Mezz Lender, the Collateral, wherever located, whether now owned or hereafter acquired or arising, and all proceeds and products thereof.

  • Notwithstanding anything otherwise set forth herein or in any other Loan Document, neither Senior Lender nor Mezz Lender shall have any obligation to make any Revolving Advances at any time after the Inventory to Sales Ratio with respect to Borrower equals or exceeds 1.5 and until the Inventory to Sales Ratio falls below 1.25.

  • At the option of Senior Lender and/or Mezz Lender, in each case in their sole discretion, after the end of each calendar month, Senior Lender and/or Mezz Lender may render to Borrower a written statement of the Revolving Senior Loan account and Revolving Mezz Loan account, as the case may be, showing all applicable credits and debits.

  • Such assignee upon such assignment shall assume all obligations of such Lender hereunder and shall become a Senior Lender or a Mezz Lender, as the case may be.

  • At any time as there is a continuing and uncured Event of Default and/or from and after the Sequential Date, (a) no payments in respect of a Revolving Mezz Loans may be made to Mezz Lender until all Obligations owed to the related Senior Lender have been paid in full and (b) all dispositions from any Collateral or any other amounts available shall be paid by the Collateral Agent to Senior Lender in respect of the Revolving Senior Advances.

  • If both Senior Lender and Mezz Lender consent to such an extension, the applicable Maturity Date shall then be so extended.

  • Borrower acknowledges that the Obligations owed to Senior Lender and Mezz Lender are cross guaranteed by the Guarantors and cross defaulted.

  • If such notice is timely given, Senior Lender and Mezz Lender shall notice Borrower by no later than 15 days after they each receive such notice whether they each consent to an extension of the applicable Maturity Date, such decision to be made at the sole discretion of Senior Lender and Mezz Lender.

  • Borrower acknowledges that Senior Lender and Mezz Lender each reserve the right to participate its interest in the Revolving Loans.

  • Notwithstanding the foregoing, (a) at any time as there is a continuing Event of Default and/or (b) from and after the Sequential Date, Mezz Lender may not receive any payment until and unless Senior Lender has been paid in full for all Obligations owed to it.


More Definitions of Mezz Lender

Mezz Lender means RCG LV DEBT IV NON-REIT ASSETS HOLDINGS, LLC, a Delaware limited liability company, having an address at 0 Xxxx Xxxxx, Xxxxx 000, Xxx Xxxx, Xxx Xxxx 00000, together with its successors and assigns, successors and assigns, or the mezzanine lender under any future mezzanine refinancing permitted in accordance with the terms of this Agreement (including, without limitation, Section 9.5(a) hereof).
Sample 1

Related to Mezz Lender

  • Funding Lender means Citibank N.A., a national banking association, and any successor under this Funding Loan Agreement and the Borrower Loan Documents.

  • Lender has the meaning specified in the introductory paragraph hereto and, as the context requires, includes the Swing Line Lender.

  • PPP Lender means JPMorgan Chase Bank, N.A.

  • Existing Lender were references to all the Lenders immediately prior to the relevant increase;

  • DIP Lender means a lender under the DIP Facility.

  • Committed Lender means, as to any Lender Group, each of the financial institutions listed on Schedule I as a “Committed Lender” for such Lender Group, together with its respective successors and permitted assigns.

  • L/C Lender a Lender with an L/C Commitment.

  • Departing Lender means each lender under the Existing Credit Agreement that executes and delivers to the Administrative Agent a Departing Lender Signature Page.

  • Originating Lender has the meaning specified therefor in Section 13.1(e) of the Agreement.

  • Tax Lender has the meaning specified therefor in Section 14.2(a) of the Agreement.

  • Exiting Lender see Section 2.17.7.

  • Designated Lender shall have the meaning set forth in Section 16.2(b) hereof.

  • Refinancing Lender has the meaning set forth in Section 2.15(c).

  • New Lender as defined in Section 2.1(c).

  • Subordinated Lender means each Seller, in its capacity as subordinated lender pursuant to the relevant Subordinated Loan Agreement.

  • Farm Credit Lender means a lending institution organized and existing pursuant to the provisions of the Farm Credit Act of 1971 and under the regulation of the Farm Credit Administration.

  • Term A Lender means (a) at any time on or prior to the Closing Date, any Lender that has a Term A Commitment at such time and (b) at any time after the Closing Date, any Lender that holds Term A Loans at such time.

  • Facility Lender Any lender(s) or tax equity financing party providing any Facility Debt and any successor(s) or assigns thereto, collectively.

  • Revolving Lender means a Lender with a Revolving Commitment or, if the Revolving Commitments have terminated or expired, a Lender with Revolving Exposure.

  • Term Loan Lender means a Lender with a Term Loan Commitment or an outstanding Term Loan.

  • Tranche B Lender means a Lender with a Tranche B Commitment or an outstanding Tranche B Term Loan.

  • Incremental Lender means an Incremental Revolving Lender or an Incremental Term Lender.

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment.

  • Non-Funding Lender has the meaning ascribed to it in Section 9.9(a)(ii).

  • Existing Lenders has the meaning specified in the recitals hereto.

  • Selling Lender has the meaning specified in Section 11.7 (