Mezzanine Event of Default definition

Mezzanine Event of Default means an “Event of Default” as defined in the Mezzanine Loan Agreement.
Mezzanine Event of Default means any First Mezzanine Event of Default and/or Second Mezzanine Event of Default, as applicable.
Mezzanine Event of Default has the meaning given to the term "Event of Default" in the Mezzanine Loan Agreement.

Examples of Mezzanine Event of Default in a sentence

  • Lender shall have no duty to confirm, inquire or determine whether a Mezzanine Event of Default has occurred.

  • On the Prepayment Lockout Expiration Date, or on any Payment Date thereafter, Borrowers may, at their option and upon thirty (30) days prior written notice to Lender, prepay the Debt in whole or in part, so long as no Event of Default or Mezzanine Event of Default has occurred and is continuing, without payment of the Yield Maintenance Premium.

  • Each of the representations and warranties contained in the Senior Mezzanine Loan Documents (which are hereby incorporated by reference as if fully set forth herein) were true and correct in all material respects, as of the Closing Date and there is no Senior Mezzanine Default or Senior Mezzanine Event of Default thereunder.

  • Borrowers shall promptly advise Lender of any material adverse change in either of the Borrower’s, either of the Principal’s or any Guarantor’s condition, financial or otherwise, or of the occurrence of any Default, Event of Default or Mezzanine Event of Default of which any Borrower has knowledge.

  • Each of the representations and warranties contained in the Senior Mezzanine Loan Documents (which are hereby incorporated by reference as if fully set forth herein) is true and correct in all material respects, as of the Closing Date and there is no Senior Mezzanine Default or Senior Mezzanine Event of Default thereunder.

  • Borrowers shall promptly advise Lender of any material adverse change in either of the Borrower’s, either of the Mortgage Borrower’s, Principal’s or any Guarantor’s condition, financial or otherwise, or of the occurrence of any Default, Event of Default or Mezzanine Event of Default of which any Borrower has knowledge, including , among others, any Mortgage Default or Mortgage Event of Default.

  • No Mortgage Default, Mortgage Event of Default, any Mezzanine Default or any Mezzanine Event of Default exists as of the Closing Date.

  • Borrower shall promptly advise Lender of any material adverse change in Borrower’s or Guarantor’s condition, financial or otherwise, or of the occurrence of any Default, Event of Default or Mezzanine Event of Default of which Borrower has knowledge.

  • Borrower shall promptly advise Lender of any material adverse change in Borrower’s, Principal’s or Guarantor’s condition, financial or otherwise, or of the occurrence of any Default, Event of Default or Mezzanine Event of Default of which Borrower has knowledge.

  • No Mortgage Default, Mortgage Event of Default, First Mezzanine Default or First Mezzanine Event of Default exists as of the Closing Date.


More Definitions of Mezzanine Event of Default

Mezzanine Event of Default means, individually and collectively, as the context may require, a Mezzanine 1 Event of Default and/or a Mezzanine 2 Event of Default.
Mezzanine Event of Default means an Event of Default (as defined in the Mezzanine Facility Agreement) which is not a Mezzanine Payment Default or a Mezzanine Financial Covenant Default;
Mezzanine Event of Default means any event specified as an event of default in Clause 21 (Events of Default) of the Mezzanine Facility Agreement;
Mezzanine Event of Default means an event of default, after the expiration of any applicable grace or cure periods, as defined in the Mezzanine Loan Agreement.
Mezzanine Event of Default means an Event of Default as defined in the Mezzanine Loan Agreement;
Mezzanine Event of Default means an "Event of Default" under the Mezzanine Loan by any or all of the Borrowers under any or all of the Mezzanine Loan Documents.

Related to Mezzanine Event of Default

  • Loan Event of Default An “Event of Default” as defined in the Loan Agreement.

  • PTC Event of Default means, with respect to each Trust Agreement, the failure to pay within 10 Business Days after the due date thereof: (i) the outstanding Pool Balance of the applicable Class of Certificates on the Final Legal Distribution Date for such Class or (ii) interest due on such Certificates on any Distribution Date (unless the Subordination Agent shall have made an Interest Drawing or a withdrawal from the Cash Collateral Account relating to a Liquidity Facility for such Class, with respect thereto in an aggregate amount sufficient to pay such interest and shall have distributed such amount to the Trustee entitled thereto).

  • Owner Event of Default has the meaning specified in Section 16.2.

  • Note Event of Default means any “Event of Default” specified in Section 5.1 of the Indenture.

  • Lease Event of Default shall have the meaning specified in Section 17.1 of the Lease.

  • Senior Event of Default means an Event of Default under (and as defined in) the Senior Facilities Agreement.

  • Mortgage Loan Event of Default means an “Event of Default” as defined in the Mortgage Loan Agreement.

  • Event of Default wherever used herein, means any one of the following events (whatever the reason for such Event of Default and whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body):

  • Declaration Event of Default means an “Event of Default” as defined in the Declaration.

  • Collateral Event of Default has the meaning set forth in Section 13.01(b).

  • Triggering Event of Default means (i) any Event of Default with respect to an obligation of the Mortgage Loan Borrower to pay money due under the Mortgage Loan or (ii) any non-monetary Event of Default as a result of which the Mortgage Loan becomes a Specially Serviced Mortgage Loan (which, for clarification, shall not include any imminent Event of Default (i.e., subclause (vii) of the definition of Special Servicing Loan Event)).

  • Guarantee Event of Default means a default by the Guarantor on any of its payment or other obligations under this Guarantee.

  • Acceleration Event of Default means an Event of Default under Section 5.1(a), (d), (e) or (f), whatever the reason for such Acceleration Event of Default and whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body.

  • Liquidity Event of Default with respect to any Liquidity Facility, has the meaning assigned to such term in such Liquidity Facility.

  • Potential Event of Default means any event which, with the giving of notice or the lapse of time or both, would constitute an Event of Default.

  • Bond Event of Default means the occurrence of any of the following (or such event or condition which with notice or lapse of time or both would constitute any of the following):

  • Material Event of Default means any Event of Default arising under Section 10.01(a), 10.01(b) (solely with respect to a default related to Section 8.01, 8.20 or 9.13), 10.01(f), 10.01(i), 10.01(j), 10.01(n) or 10.01(o).

  • Issuer Event of Default means the occurrence of any of the following events:

  • Company Event of Default bears the meaning ascribed thereto in Section 13.1; “Company Notice of Default” bears the meaning ascribed thereto in Section 13.2;

  • Specified Event of Default means any Event of Default under Section 8.01(a), (f) or (g).

  • Bankruptcy Event of Default means any Event of Default under Section 8.01(f) of the Credit Agreement.

  • Payment Event of Default means an Event of Default specified in Section 7.1(a).

  • Guarantor Event of Default means the occurrence of any “Event of Default” under and as defined in the Performance Guaranty.

  • Insurance Agreement Event of Default means an "Event of Default" as defined in the Insurance Agreement.

  • Servicer Event of Default wherever used herein, means any one of the following events:

  • Potential Issuer Event of Default means any condition, event or act which, with the lapse of time and/or the issue, making or giving of any notice, certification, declaration, demand, determination and/or request and/or the taking of any similar action and/or the fulfilment of any similar condition, would constitute an Issuer Event of Default;