Examples of Mezzanine Loan Amount in a sentence
Mezzanine Lender shall lend to Mezzanine Borrower a total aggregate amount equal to the Mezzanine Loan Amount.
If the total of all disbursements and other payments and expenditures by Lender deemed to be disbursements, under this Agreement or the other Mezzanine Loan Documents, exceeds the Mezzanine Loan Amount or the face principal amount of the Note, the total of all such disbursements shall nevertheless, to the fullest extent permitted by applicable Laws, constitute part of the Obligations and be deemed to have increased correspondingly the Mezzanine Loan Amount and the face principal amount of the Note.
On the Closing Date Borrower shall deposit with Lender, from the Mezzanine Loan Amount disbursed by Lender to Borrower, an amount equal to $1,000,000.00 to be held by Lender as an interest reserve escrow (the “Interest Reserve Escrow”).
The Borrower shall have delivered to the Mezzanine Agent a certificate setting forth the "Available Mezzanine Loan Amount", as determined by the Capital Model.
Subject to the terms and conditions set forth herein, each Lender agrees to make Loans to the Borrower from time to time during the Availability Period in an aggregate principal amount that will not result in the aggregate outstanding principal amount of such Lender's Loans exceeding such Lender's Available Mezzanine Loan Amount.
Incur, except for the First Mortgage Loan, ---------------- unsecured trade payables incurred in the ordinary course of business relating to the ownership and operation of the Facility which do not exceed, at any time, a maximum amount of one percent (1%) of the Mezzanine Loan Amount plus the Loan Amount (as defined in the First Mortgage Loan Agreement) and are paid within ninety (90) days of the date incurred, create, assume, become or be liable in any manner with respect to Other Borrowings.
Since the Loan is IO, Cut-Off Date Mezzanine Loan Amount will equal Mezzanine Loan Amount.
The Borrower shall have delivered to the Senior Agent a certificate setting forth the "Available Mezzanine Loan Amount" under the Mezzanine Facility, as determined by the Capital Model.
Since the Loan is IO, Cut-Off Date Total Loan Amount will equal Mortgage Loan Amount plus Mezzanine Loan Amount.
Specified AttributeRecalculation Methodology 95 Allocated Mezzanine Loan Amount ($)Product of (i) quotient of (a) Allocated Total Loan Amount ($) and (b) the aggregate Allocated Total Loan Amount ($) and (ii) Mezzanine DebtCut-off Date Balance ($).96Mezzanine Debt Maturity Balance ($)Set equal to Mezzanine Debt Original Balance ($).98Mezzanine Debt Interest RateSum of (i) Assumed SOFR and (ii) Mezzanine Margin.