Examples of Mezzanine A Loan Event of Default in a sentence
In terms of M, PDPA measurements were made at the following five locations (x = 6.4M, 14M, 17M, 22M and 29M).
No Mezzanine A Loan Event of Default exists as of the date hereof.
Borrower shall give notice, or cause notice to be given, to Lender promptly upon the occurrence of any Mortgage Loan Event of Default or Mezzanine A Loan Event of Default.
Borrower shall not impede, interfere with, hinder or delay, and shall not permit Mortgage Borrower and Mezzanine A Borrower to impede, interfere with, hinder or delay, any effort or action on the part of Lender to cure any default or asserted default under the Mortgage Loan and the Mezzanine A Loan, or to otherwise protect or preserve Lender’s interests in the Loan and the Collateral following a Mortgage Loan Event of Default and/or a Mezzanine A Loan Event of Default.
The FairPoint Board engaged Evercore to act as a financial advisor based on its qualifications, experience and reputation, as well as familiarity with the business of FairPoint.
Prior to the occurrence and continuance of an Event of Default or a Mezzanine A Loan Event of Default, funds on deposit in the Mezzanine B Debt Service Account, if any, shall be used to pay Mezzanine B Debt Service when due.
Borrower shall give notice, or cause notice to be given to Lender promptly upon Borrower obtaining actual knowledge of any Mortgage Loan Event of Default under any Mortgage Loan Document and/or of any Mezzanine A Loan Event of Default under any Mezzanine A Loan Document.
Borrower shall promptly advise Lender of any material adverse change in Borrower’s, Mezzanine A Borrower’s, Mortgage Borrower’s and/or Guarantor’s condition (financial or otherwise) or of the occurrence of any Default or Event of Default, Mezzanine A Loan Event of Default or Mortgage Loan Event of Default of which Borrower, Mezzanine A Borrower or Mortgage Borrower has actual knowledge.
Additionally, unless an Event of Default, a Mezzanine A Loan Event of Default or a Mortgage Loan Event of Default is continuing, at any time that the Mortgage Loan and/or Mezzanine A Loan is outstanding, all voluntary prepayments shall be applied pro rata to the Loan, Mortgage Loan and Mezzanine A Loan.