Mezzanine B Collateral definition

Mezzanine B Collateral shall have the meaning ascribed to the term “Collateral” in the Mezzanine B Loan Agreement.
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Mezzanine B Collateral shall have the meaning set forth in the Recitals hereto.
Sample 1

Examples of Mezzanine B Collateral in a sentence

  • Pledgor shall obtain Lender’s prior written consent to any alterations to any Improvements, which consent shall not be unreasonably withheld except with respect to alterations that could reasonably be expected to have a material adverse effect on Pledgor’s, Mezzanine A Borrower’s, Mezzanine B Borrower’s or Mortgage Borrower’s financial condition, the value of the related Individual Property, the Collateral, the Mezzanine A Collateral, the Mezzanine B Collateral or the Net Operating Income.

  • There are no prior assignments of the Collateral, the Mezzanine A Collateral, the Mezzanine B Collateral, the Mezzanine C Collateral or the Mezzanine D Collateral which are presently outstanding except in accordance with the Loan Documents, the Mezzanine A Loan Documents, the Mezzanine B Loan Documents, the Mezzanine C Loan Documents and the Mezzanine D Loan Documents.

  • As of August 8, 2007, and to Pledgor’s Actual Knowledge, as of the date hereof, there is no fact presently known to Pledgor which has not been disclosed to Lender which materially and adversely affects, or might materially and adversely affect, the Collateral, the Mezzanine A Collateral, the Mezzanine B Collateral, any Individual Property or the business, operations or condition (financial or otherwise) of Pledgor, Mezzanine A Borrower, Mezzanine B Borrower or Mortgage Borrower.

  • There are no prior assignments of the Collateral, the Mezzanine A Collateral or the Mezzanine B Collateral which are presently outstanding except in accordance with the Loan Documents, the Mezzanine A Loan Documents and the Mezzanine B Loan Documents.

  • Borrower shall (and shall cause Mortgage Borrower, Mezzanine B Borrower and Mezzanine A Borrower to) at all times maintain, preserve and protect all franchises and trade names used in connection with the ownership of the Collateral, the Mezzanine A Collateral, the Mezzanine B Collateral and the operation of the Properties.

  • Except as expressly provided herein, Borrower shall not change (or permit to be changed) the trade name or names under which Borrower, Mezzanine A Borrower, Mezzanine B Borrower, Mortgage Borrower, HHSD, Mezzanine A Additional Pledgor, Mezzanine B Additional Pledgor, Additional Pledgor or Operating Lessee operates the Collateral, Mezzanine A Collateral, Mezzanine B Collateral or any Individual Property without Lender’s prior written consent.

  • No portion of any Individual Property, the Collateral, the Mezzanine A Collateral, the Mezzanine B Collateral, the Mezzanine C Collateral or the Mezzanine D Collateral has been or will be purchased with proceeds of any illegal activity and to the best of Pledgor’s knowledge, there are no illegal activities or activities relating to any controlled substances at any Individual Property.

  • Borrower shall give prompt notice to Lender of any litigation or governmental proceedings pending or threatened against Borrower, Mezzanine A Borrower or Mortgage Borrower, the Property, the Mezzanine A Collateral, the Mezzanine B Collateral and/or Guarantor which if adversely determined would have a Material Adverse Effect.

  • After the occurrence and during the continuance of an Event of Default, Pledgor shall pay any costs and expenses incurred by Lender to examine Pledgor’s accounting records with respect to the Collateral, the Mezzanine A Collateral, the Mezzanine B Collateral, the Mezzanine C Collateral, the Mezzanine D Collateral and the Properties or any Loan Party, as Lender shall determine to be necessary or appropriate in the protection of Lender’s interest.

  • Pledgor shall not create, incur, assume or suffer to exist any Lien on any portion of the Collateral, the Mezzanine A Collateral, the Mezzanine B Collateral, the Mezzanine C Collateral or the Mezzanine D Collateral or permit any such action to be taken.

Related to Mezzanine B 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.

  • Term Loan Collateral means all of the assets of any Grantor, whether real, personal or mixed, upon which a Lien is granted or purported to be granted to any Term Loan Agent under any of the Term Loan Collateral Documents.

  • 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.

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

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

  • 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.

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

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

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

  • First Lien 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 First Lien Obligations.

  • 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.

  • 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.

  • Borrower Collateral means all of Borrower's now owned or hereafter acquired right, title, and interest in and to each of the following:

  • Released Mortgaged Property Proceeds As to any Mortgage Loan, proceeds received by the Servicer in connection with (a) a taking of an entire Mortgaged Property by exercise of the power of eminent domain or condemnation or (b) any release of part of the Mortgaged Property from the lien of the related Mortgage, whether by partial condemnation, sale or otherwise, which are not released to the Mortgagor in accordance with applicable law and mortgage servicing standards the Servicer would use in servicing mortgage loans for its own account and this Agreement.

  • First Lien Collateral Documents means the “Security Documents” or “Collateral Documents” or similar term (as defined in the applicable First Lien Loan Documents) and any other agreement, document or instrument pursuant to which a Lien is granted securing any First Lien Obligations or pursuant to which any such Lien is perfected.

  • Shared Collateral means, at any time, Collateral in which the holders of Senior Obligations under at least one Senior Facility and the holders of Second Priority Debt Obligations under at least one Second Priority Debt Facility (or their Representatives) hold a security interest at such time (or, in the case of the Senior Facilities, are deemed pursuant to Article II to hold a security interest). If, at any time, any portion of the Senior Collateral under one or more Senior Facilities does not constitute Second Priority Collateral under one or more Second Priority Debt Facilities, then such portion of such Senior Collateral shall constitute Shared Collateral only with respect to the Second Priority Debt Facilities for which it constitutes Second Priority Collateral and shall not constitute Shared Collateral for any Second Priority Debt Facility which does not have a security interest in such Collateral at such time.

  • Prepetition Collateral shall refer to (i) all of the Borrower’s personal property upon which a security interest may be granted under the Uniform Commercial Code, (ii) all of the Borrower’s real property, (iii) all of the Borrower’s assets in or upon which a lien or other security interest has otherwise been granted in favor or for the benefit of the Prepetition Agent and the Prepetition Lenders in connection with, pursuant to, or under, the Prepetition Credit Agreement and the other Prepetition Financing Documents, and (iv) any of the Borrower’s assets otherwise held by the Prepetition Agent or any Prepetition Lender or otherwise provided to the Prepetition Agent or any Prepetition Lender as security for the Prepetition Indebtedness, in each case that existed as of the Petition Date or at any time prepetition and, subject to section 552 of the Bankruptcy Code, postpetition proceeds, products, offspring, rents and profits of all of the foregoing.

  • Underlying Collateral means, with respect to a Loan Asset, any property or other assets designated and pledged or mortgaged as collateral to secure repayment of such Loan Asset, as applicable, including, without limitation, mortgaged property and/or a pledge of the stock, membership or other ownership interests in the related Obligor and all proceeds from any sale or other disposition of such property or other assets.

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