Examples of Mezzanine B Loan Agreement in a sentence
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.
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.
For the avoidance of doubt, Borrower shall not be required to establish or maintain any Substitute Cash Management Accounts so long as Mortgage Lender or any Mezzanine Lender, as applicable, is maintaining the Mortgage Loan Cash Management Accounts, Mezzanine A Cash Management Accounts or Mezzanine B Cash Management Accounts, as applicable, in accordance with the Mortgage Loan Agreement, Mezzanine A Loan Agreement or Mezzanine B Loan Agreement, as applicable..
Borrower shall also pay the first $250,000 (when aggregated with all amounts paid pursuant to the last sentence of Section 17.6 in the Mezzanine B Loan Agreement and the Mezzanine C Loan Agreement) of attorney’s fees for purchaser’s attorneys in connection with Secondary Market Transactions.
The Collateral (as defined in the Mezzanine B Loan Agreement) and other collateral for the Mezzanine B Loan has not been mortgaged, pledged, or encumbered as security for any obligation other than the Mezzanine B Loan and, except as disclosed in the Mezzanine B Loan Documents, the Mezzanine B Loan is not cross-defaulted with any other obligation.
Notwithstanding the foregoing, no Independent Manager shall also serve as an Independent Manager (as such term is defined in the Mortgage Loan Agreement or the Mezzanine B Loan Agreement, as applicable) for Mortgage Borrower, Mezzanine B Borrower or any SPE Component Entity (as such term is defined in the Mortgage Loan Agreement or the Mezzanine B Loan Agreement, as applicable) of Mortgage Borrower or Mezzanine B Borrower.
Borrower shall also pay the first $250,000 (when aggregated with all amounts paid pursuant to the last sentence of Section 17.6 in the Mezzanine A Loan Agreement and the Mezzanine B Loan Agreement) of attorney’s fees for purchaser’s attorneys in connection with Secondary Market Transactions.
Borrower acknowledges and agrees that Mortgage Lender, Mezzanine A Lender and Mezzanine B Lender shall have the options set forth in Section 11.6 of the Mortgage Loan Agreement, the Mezzanine A Loan Agreement and the Mezzanine B Loan Agreement, respectively.
Borrower shall not cancel or otherwise forgive or release any claim or debt (other than termination of Leases in accordance with the Mortgage Loan Agreement, the Mezzanine A Loan Agreement, the Mezzanine B Loan Agreement and this Agreement) owed to Borrower by any Person, except for adequate consideration and in the ordinary course of Borrower’s business.
When aggregate interlocking is insufficient for transferring load between the pavement sections on either side of a joint, an appropriate load-transfer mechanism should be incorporated in the joint.