Mezzanine Loan Account definition

Mezzanine Loan Account has the meaning provided in Section 2.12(a) hereof.
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Mezzanine Loan Account means the account named "BRE/Park Place Mezzanine L.L.C. f/b/o German American Capital Corporation, as secured party, Mezzanine Loan" (Account Number 181-687-5) at Xxxxxx Trust and Savings Bank.
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Mezzanine Loan Account shall have the meaning set forth in the Cash Management Agreement.
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Examples of Mezzanine Loan Account in a sentence

  • Borrower shall not have any right to withdraw Money from the Mezzanine Loan Account, which shall be under the sole dominion and control, and the “control” within the meaning of Sections 9-104 and 9-106 of the UCC, of the Lender.

  • Lender shall withdraw funds from the Mezzanine Loan Account to pay the Monthly Mezzanine Debt Service Payment Amount by the date and time when due, together with any late payment charges or interest accruing pursuant to the Mezzanine Loan Documents.

  • Borrower shall include all earnings on the Mezzanine Loan Account and the Repositioning Costs Reserve Account as income of Borrower for federal and applicable state tax purposes.

  • The Repositioning Costs Reserve Account shall be an Eligible Account, shall have a separate and unique identification number and shall have the same title as the Mezzanine Loan Account.

  • All interest paid or other earnings on the Permitted Investments of funds deposited into the Mezzanine Loan Account and the Repositioning Costs Reserve Account made hereunder shall be deposited into the Mezzanine Loan Account and the Repositioning Costs Reserve Account, as applicable.

  • Lender shall have no liability for any loss in investments of funds in the Mezzanine Loan Account or the Repositioning Costs Reserve Account that are invested in Permitted Investments.

  • Provided no Event of Default exists, any funds in the Mezzanine Loan Account (as defined in the Mortgage Loan Agreement), to the extent made available to Lender, shall be applied by Lender in accordance with the terms of this Agreement.

  • Borrower shall include all earnings on the Mezzanine Loan Account as income of Borrower for federal and applicable state tax purposes.

  • All interest paid or other earnings on the Permitted Investments of funds deposited into the Mezzanine Loan Account made hereunder shall be deposited into the Mezzanine Loan Account.

  • Lender shall have no liability for any loss in investments of funds in the Mezzanine Loan Account that are invested in Permitted Investments.


More Definitions of Mezzanine Loan Account

Mezzanine Loan Account means such account at such bank as Mezzanine Lender shall notify in writing to Borrower, Collateral Agent and the Agent.
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Mezzanine Loan Account shall have the meaning set forth in Section 3.1(b)(x).
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Mezzanine Loan Account. “Mezzanine Loan Agreement”, “Mezzanine Loan Documents”, “Mezzanine Note” and “Monthly Mezzanine Debt Service Payment Amount” in Section 1.1 of the Loan Agreement are hereby deleted together with all references to such defined terms in the Loan Agreement and other Loan Documents.
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Related to Mezzanine Loan Account

  • 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.

  • Project Loan Account means any of the Accounts within the Project Fund so designated and established by Article V.

  • Revolving Loan Account has the meaning described in Section 2.1.9 (Revolving Loan Account).

  • Mezzanine Loan means a mezzanine loan secured by equity interests in the Mortgage Loan Borrower.

  • Mezzanine Loans means, individually or collectively, as the context may require, the First Mezzanine Loan and the Second Mezzanine Loan, and each of the First Mezzanine Loan and/or the Second Mezzanine Loan, individually, a “Mezzanine Loan”.

  • Mezzanine Loan Documents means, as to each Mezzanine Loan, all documents evidencing, securing, guaranteeing and/or perfecting such Mezzanine Loan and all documents executed and/or delivered in connection therewith.

  • Funding Loan Agreement means this Funding Loan Agreement, of even date herewith, by and among the Funding Lender, the Governmental Lender and the Fiscal Agent, as it may from time to time be supplemented, modified or amended by one or more funding loan agreements, indentures or other instruments supplemental hereto entered into pursuant to the applicable provisions hereof.

  • Revolving Loan Agreement means that certain Amended and Restated Loan and Security Agreement dated as of the date hereof by and among the Borrower, the lenders from time to time party thereto and the Revolving Loan Administrative Agent.

  • Loan Account has the meaning set forth in Section 2.10.

  • Accelerated Mezzanine Loan Lender shall have the meaning assigned to such term or an analogous term in the Lead Securitization Servicing Agreement.

  • Underlying Loan Agreement means, with respect to any Loan, the document or documents evidencing the commercial loan agreement or facility pursuant to which such Loan is made.

  • Lender PMI Mortgage Loan Certain Mortgage Loans as to which the lender (rather than the borrower) acquires the Primary Insurance Policy and charges the related borrower an interest premium.

  • Borrower Loan Agreement means the Borrower Loan Agreement, of even date herewith, between the Governmental Lender and the Borrower, as supplemented, amended or replaced from time to time in accordance with its terms.

  • Whole Loan Custodial Account means the “Whole Loan Custodial Account” established for the Mortgage Loan pursuant to the Lead Securitization Servicing Agreement.

  • Senior Loan has the meaning provided in the Recitals hereto.

  • Existing Loan Agreement has the meaning set forth in the recitals to this Agreement.

  • Term Loan Credit Agreement has the meaning set forth in the recitals to this Agreement.

  • Whole Loan Agreement Any Reconstitution Agreement in respect of a Whole Loan Transfer.

  • Mezzanine Lender shall have the meaning set forth in the first paragraph of this Agreement.

  • Term Loan Interest Rate means for any day a per annum rate of interest equal to the greater of (i) (a) the prime rate as reported in The Wall Street Journal, plus (b) 5.90%, and (ii) 9.15%.

  • Senior Loan Agreement means that certain Term Loan Agreement, dated as of June 26, 2015, by and among Borrower and Senior Lenders, as amended, restated, supplemented or otherwise modified from time to time.

  • Mortgage Loan Agreement means the Loan Agreement, dated as of February 14, 2020, between the Borrower, as borrowers, and the Original Lenders, as lender, as the same may be further amended, restated, supplemented or otherwise modified from time to time, subject to the terms hereof.

  • PPP Loan means the loan in principal amount of $673,184 issued to the Company by the PPP Lender pursuant to the promissory note dated April 20, 2020.

  • Prior Loan Agreement is defined in Recital A of this Agreement.

  • Mezzanine Borrower shall have the meaning set forth in Section 11.6 hereof.

  • Existing Loan means the loan identified on Exhibit H.