Examples of Mezzanine B Lender in a sentence
Any amounts of Net Liquidation Proceeds After Debt Service in excess of the applicable Release Price relating to a Property or Properties subject to the Liquidation Event shall be paid by Lender to Mezzanine B Lender.
Borrower hereby acknowledges and agrees that (i) such Intercreditor Agreement is intended solely for the benefit of Lender, Mortgage Lender and Mezzanine B Lender and (ii) Borrower, Mortgage Borrower and Mezzanine B Borrower are not intended third-party beneficiaries of any of the provisions therein and shall not be entitled to rely on any of the provisions contained therein.
Pledgor will furnish, or cause Mezzanine B Borrower to furnish, to Lender a copy of the financial statements and all other materials Mezzanine B Borrower is required to provide Mezzanine B Lender under Section 5.1.10 of the Mezzanine B Loan Agreement within the time periods required under such Section.
Lender, Mortgage Lender and Mezzanine B Lender shall have no obligation to disclose to Borrower the contents of the Intercreditor Agreement.
In the event that Lender makes any payment in respect of the Mezzanine B Loan, Lender shall be subrogated to all of the rights of Mezzanine B Lender under the Mezzanine Loan Documents against the Collateral (as defined in the Mezzanine B Loan Agreement) (or any portion thereof) and Mezzanine B Borrower in addition to all other rights Lender may have under the Loan Documents or applicable law.