Mezzanine A Collateral definition

Mezzanine A Collateral shall have the meaning ascribed to the term “Collateral” in the Mezzanine A Loan Agreement.
Mezzanine A Collateral shall have the meaning set forth in the Recitals hereto.
Mezzanine A Collateral means the “Pledged Collateral” as such term is defined in the Mezzanine A Pledge Agreement and shall also include all amounts on deposit in any account and any and all other property or collateral in which Mezzanine A Lender is granted a security interest under any of the Mezzanine A Loan Documents, in each case whether existing on the date hereof or hereafter pledged or assigned to Mezzanine A Lender.

Examples of Mezzanine A Collateral in a sentence

  • To Pledgor’s Actual Knowledge, as of the date hereof, neither Mezzanine A Borrower or Mortgage Borrower is in default in any material respect in the performance, observance or fulfillment of any of the obligations, covenants or conditions contained in any agreement or instrument to which it is a party or by which Mortgage Borrower, Mezzanine A Borrower, the Mezzanine A Collateral or any of the Properties are bound.

  • No portion of the Property, the Mezzanine A Collateral or the Collateral has been or will be purchased by Mortgage Borrower, Mezzanine A Borrower or Borrower, as applicable, with proceeds of any illegal activity.

  • No portion of any Individual Property, the Collateral, the Mezzanine A Collateral, any Mortgage Principal’s general partner interest in the related Mortgage Borrower Entity or any Mezzanine A Principal’s general partner interest in the related Mezzanine A Borrower Entity is being or will be purchased with proceeds of any illegal activity and, to Borrower’s Actual Knowledge, there are no illegal activities or activities relating to any controlled substances at any Individual Property.

  • Except for Permitted Encumbrances, Borrower does not have any contingent liabilities, liabilities for taxes, unusual forward or long-term commitments or unrealized or anticipated losses from any unfavorable commitments that are known to Borrower and reasonably likely to have a Material Adverse Effect on the Collateral, the Mezzanine A Collateral or the Property or the current operation thereof as a hotel and casino, except as referred to or reflected in said financial statements.

  • Borrower shall reimburse Administrative Agent on demand for any and all costs incurred by Administrative Agent in connection with curing any such Mezzanine A Loan Default or satisfying any Liens, claims or judgments against the Mezzanine A Collateral.

  • None of Borrower, Mezzanine A Borrower or Mortgage Borrower is in default in any material respect in the performance, observance or fulfillment of any of the obligations, covenants or conditions contained in any agreement or instrument to which it is a party or by which Borrower, Mezzanine A Borrower, Mortgage Borrower, the Collateral, the Mezzanine A Collateral or the Property is bound, except to the extent such default would not reasonably be expected to have a Material Adverse Effect.

  • There are no prior assignments of the Collateral, the Mezzanine A Collateral, any Mortgage Principal’s general partner interest in the related Mortgage Borrower Entity or any Mezzanine A Principal’s general partner interest in the related Mezzanine A Borrower Entity which are presently outstanding except in accordance with the Loan Documents and the Mezzanine A Loan Documents.

  • Neither Borrower, Mezzanine A Borrower nor Mortgage Borrower is in default in any material respect in the performance, observance or fulfillment of any of the obligations, covenants or conditions contained in any agreement or instrument to which it is a party or by which Borrower, Mezzanine A Borrower, Mortgage Borrower, the Mezzanine A Collateral, the Collateral or the Property is bound which would result in a Material Adverse Effect.

  • Lender, Mortgage Lender and Mezzanine A Lender are parties to a certain intercreditor agreement dated as of the date hereof (the “Intercreditor Agreement”) memorializing their relative rights and obligations with respect to the Loan, the Mortgage Loan, the Mezzanine A Loan, Borrower, Mortgage Borrower, Mezzanine A Borrower, the Mezzanine A Collateral, the Collateral and the Property.

  • Borrower shall reimburse any Lender, Administrative Agent and/or Collateral Agent for any losses, costs, damages or expenses (including reasonable attorneys’ fees and expenses) actually incurred by any Lender, Administrative Agent and/or Collateral Agent if an interest in the Property, the Mezzanine A Collateral and/or the Collateral, other than as permitted hereunder, is claimed by another Person.


More Definitions of Mezzanine A Collateral

Mezzanine A Collateral means “Collateral” as such term is defined in the Mezzanine A Loan Documents. 00000000.0.XXXXXXXX

Related to Mezzanine A Collateral

  • Loan Collateral With respect to any Mortgage Loan, the related Mortgaged Property and any personal property securing the related Mortgage Loan, including any lessor’s interest in such property, whether characterized or recharacterized as an ownership or security interest, and including any accounts or deposits pledged to secure such Mortgage Loan, and any Additional Collateral.

  • UCC Collateral is defined in Section 3.03.

  • Mortgage Collateral the “Collateral” as defined in the Mortgage Loan Agreement.

  • Priority Collateral means the ABL Priority Collateral or the Term Priority Collateral, as applicable.

  • Senior Collateral means any “Collateral” as defined in any Credit Agreement Loan Document or any other Senior Debt Document or any other assets of the Borrower or any other Grantor with respect to which a Lien is granted or purported to be granted pursuant to a Senior Collateral Document as security for any Senior Obligations.

  • Second Priority Collateral means any “Collateral” as defined in any Second Priority Debt Document or any other assets of the Borrower or any other Grantor with respect to which a Lien is granted or purported to be granted pursuant to a Second Priority Collateral Document as security for any Second Priority Debt Obligation.

  • First Lien Mortgage Loan A Mortgage Loan secured by a first lien Mortgage on the related Mortgaged Property.

  • Term Loan Collateral means all assets, whether now owned or hereafter acquired by any Loan Party, in which a Lien is granted or purported to be granted to any Term Loan Secured Party as security for any Term Loan Obligation.

  • Possessory Collateral means any Shared Collateral in the possession of a Collateral Agent (or its agents or bailees), to the extent that possession thereof perfects a Lien thereon under the Uniform Commercial Code of any jurisdiction. Possessory Collateral includes, without limitation, any Certificated Securities, Promissory Notes, Instruments, and Chattel Paper, in each case, delivered to or in the possession of the Collateral Agent under the terms of the First-Lien Security Documents.

  • Mortgaged Property shall have the meaning assigned to such term in the recitals.

  • Notes Priority Collateral has the meaning set forth in the Intercreditor Agreement.

  • UCC Filing Collateral means any Collateral, including Collateral constituting investment property, for which a security interest can be perfected by filing a UCC-1 financing statement.

  • Term Priority Collateral has the meaning set forth in the Intercreditor Agreement.

  • First Priority Collateral means all assets, whether now owned or hereafter acquired by the Borrower or any other Loan Party, in which a Lien is granted or purported to be granted to any First Priority Secured Party as security for any First Priority Obligation.

  • Security Agreement Collateral means all "Collateral" as defined in the Security Agreement.

  • Closing Date Mortgaged Property as defined in Section 3.1(i).

  • Additional Mortgaged Property has the meaning assigned to that term in subsection 6.9.

  • Term Loan Priority Collateral as defined in the Intercreditor Agreement.

  • ABL Collateral means all of the assets and property of any Grantor, whether real, personal or mixed, with respect to which a Lien is granted as security for any ABL Obligations.

  • Swap Collateral means all right, title and interest of Party B in this Agreement, each Transaction hereunder, and all present and future amounts payable by Party A to Party B under or in connection with this Agreement or any Transaction governed by this Agreement, including, without limitation, any transfer or termination of any such Transaction.

  • Prepetition Collateral shall have the meaning provided in Section 3.1(b).

  • Second Lien Mortgage Loan A Mortgage Loan secured by a second lien Mortgage on the related Mortgaged Property.

  • Second Lien Collateral means all “Collateral”, as defined in any Second Lien Document, and any other assets of any Grantor now or at any time hereafter subject to Liens which secure, but only to the extent securing, any Second Lien Obligations.

  • Primary Collateral With respect to any Cross-Collateralized Mortgage Loan, any Mortgaged Property (or portion thereof) designated as directly securing such Cross-Collateralized Mortgage Loan and excluding any Mortgaged Property (or portion thereof) as to which the related lien may only be foreclosed upon by exercise of the cross-collateralization provisions of such Cross-Collateralized Mortgage Loan.

  • ABL Priority Collateral has the meaning set forth in the Intercreditor Agreement.