Examples of Mezzanine Loan Agreements in a sentence
All of the conditions precedent set forth in Article III of the Mortgage Loan Agreement and Senior Mezzanine Loan Agreements shall have been satisfied and the Mortgage Loan and Senior Mezzanine Loans shall have closed and been fully advanced in accordance therewith.
Borrower shall cause Senior Mezzanine Borrower to comply with Section 2.6.4 of the Senior Mezzanine Loan Agreements.
The Junior Mezzanine Lenders shall have received all deliveries required under Section 2.3.5 of the Junior Mezzanine Loan Agreements, including, but not limited to, insurance certificates naming Junior Mezzanine Lenders with respect to the Substitute Property, a copy of the owner’s title insurance policy and related mezzanine endorsement (if available in such State) and copies of the Substitution Due Diligence Package and all final deliveries to Mortgage Lender under this Section 2.3.5.
Provisions of the Mortgage Loan Agreement or Other Mezzanine Loan Agreements referred to or incorporated herein by reference shall be such provisions of the Mortgage Loan Agreement or Other Mezzanine Loan Agreements, as applicable, as of the Closing Date, notwithstanding any subsequent amendment of the Mortgage Loan Agreement or Other Mezzanine Loan Agreements to such provision unless the Requisite Lenders shall have consented to such amendment.
Borrower shall reserve or shall cause Senior Mezzanine Borrower or Mortgage Borrower to reserve each month (and, each month, to retain in the Borrower Deposit Account from the first Rents paid and collected during each such month) an amount equal to the sum of the Mortgage Debt Service and the Mezzanine Debt Service due and payable under the Mezzanine Loan Agreements on the Payment Date occurring during each such month.
Under the Mezzanine Loan Agreements, the Mezzanine Lenders extended an aggregate principal amount of $568 million (the “Mezzanine Loans”) to the Mezzanine Borrowers.
The Senior Mezzanine Lenders shall have received all deliveries required under Section 2.3.5 of the Senior Mezzanine Loan Agreements, including, but not limited to, insurance certificates naming Senior Mezzanine Lenders with respect to the Substitute Property, a copy of the owner’s title insurance policy and related mezzanine endorsement (if available in such State) and copies of the Substitution Due Diligence Package and all final deliveries to Mortgage Lender under this Section 2.3.5.
The rights of the West Madison Certificate Holders are governed by a Trust and Servicing Agreement (the “West Madison Trust and Servicing Agreement, collectively with the documents executed therewith,the “West Madison Securitization Documents” and further with the Park Avenue Mortgage Loan Documents, the Park Avenue Securitization Documents, and the Mezzanine Loan Agreements, the “Prepetition Loan Documents”).
The Company shall contribute the following amount per month for each eligible employee covered by this Agreement to the appropriate Local Union Health and Welfare Plan: plus applicable taxes for the term of the Agreement.
Pursuant to the Mezzanine Loan Agreements, each Mezzanine Facility is secured by the applicable Pledge Agreement and the other Mezzanine Loan Documents.