Mezzanine Loans means, collectively, the First Mezzanine Loan, the Second Mezzanine Loan, the Third Mezzanine Loan, the Fourth Mezzanine Loan, the Fifth Mezzanine Loan, the Sixth Mezzanine Loan, the Seventh Mezzanine Loan, the Eighth Mezzanine Loan, the Ninth Mezzanine Loan and any New Mezzanine Loan.
Mezzanine Loan means a mezzanine loan secured by equity interests in the Mortgage Loan Borrower.
Term A Loan is defined in Section 2.2(a)(i) hereof.
First Lien Loan A Mortgage Loan secured by a first lien Mortgage on the related Mortgaged Property.
Mezzanine Certificate Any Class M-1 Certificate, Class M-2 Certificate or Class M-3 Certificate.
Second Lien Loan A Mortgage Loan secured by a second lien Mortgage on the related Mortgaged Property.
Incremental Loan has the meaning set forth in Section 2.14(b).
Tranche C Loan has the meaning specified in Section 2.01(c).
Term C Loan is defined in Section 2.2(a)(iii) hereof.
Mezzanine Certificates Collectively, the Class M-1 Certificates, the Class M-2 Certificates, the Class M-3 Certificates, the Class M-4 Certificates, the Class M-5 Certificates, the Class M-6 Certificates, the Class M-7 Certificates, the Class M-8 Certificates, the Class M-9 Certificates and the Class M-10 Certificates.
Sub-loan means a loan made or proposed to be made by the Borrower out of the proceeds of the Loan to a Private Enterprise for an Investment Project;
Delayed Draw Loan A Loan that requires one or more future advances to be made by the Borrower and which does not permit the re-borrowing of any amount previously repaid by the related Obligor; provided that, such Loan shall only be considered a Delayed Draw Loan for so long as any future funding obligations remain in effect and only with respect to any portion which constitutes a future funding obligation.
Term SOFR Loan means a Loan that bears interest at a rate based on Term SOFR.
Refinancing Date The date on which a Current Mortgage Loan or Mortgage Loan is refinanced by Seller or an affiliate thereof.
First Lien Last Out Loan means a loan that, prior to an event of default under the applicable Related Contract, is entitled to receive payments pari passu with other senior secured loans of the same Obligor, but following an event of default under the applicable Related Contract, such Collateral Loan becomes fully subordinated to other senior secured loans of the same Obligor and is not entitled to any payments until such other senior secured loans are paid in full.
SOFR Loan means a Loan that bears interest at a rate based on Term SOFR, other than pursuant to clause (c) of the definition of “Alternate Base Rate”.
mezzanine means a mezzanine as defined in the Building Code Act;
Mezzanine Loan Agreement means that certain Mezzanine Loan Agreement, dated as of the date hereof, between Mezzanine Borrower and Mezzanine Lender, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.
Mezzanine Floor means an intermediate floor between two floors, above ground level, accessible only from the lower floor;
Mezzanine Note The original executed promissory note or other tangible evidence of Mezzanine Loan indebtedness.
Term Loan as defined in Section 2.1.
Mezzanine Borrower shall have the meaning set forth in Section 11.6 hereof.
Subordinate Prepayment Percentage As to any Distribution Date and Loan Group, 100% minus the Senior Prepayment Percentage for such Loan Group for such Distribution Date.
Refinancing Loan shall have the meaning provided in Section 2.14(h)(i).
Term A-1 Loan means an advance made by any Term A-1 Lender under the Term A-1 Facility.