Mezzanine Loan Default definition

Mezzanine Loan Default means an “Event of Default” under a Mezzanine Loan and as defined in the Mezzanine Loan Documents related to such Mezzanine Loan.
Mezzanine Loan Default means a New Mezzanine Loan Default.
Mezzanine Loan Default means an Event of Default hereunder, a Mezzanine A Loan Default and a Mezzanine C Loan Default.

Examples of Mezzanine Loan Default in a sentence

  • Borrower shall reimburse Lender on demand for any and all costs incurred by Lender in connection with curing any such Mortgage Loan Default, Senior Mezzanine Loan Default, Mortgage Loan Event of Default or Senior Mezzanine Loan Event of Default or satisfying any Liens, claims or judgments against any of the Properties or the Senior Mezzanine Collateral.

  • Borrower shall promptly advise Lender of any material Default or Event of Default of which Borrower has knowledge, including any Mortgage Loan Default, Senior Mezzanine Loan Default, Senior Mezzanine Loan Event of Default or Mortgage Loan Event of Default.

  • The existence of any Mezzanine Loan Default and such Mezzanine Loan Default remains uncured within thirty (30) days after occurrence of the same.

  • Borrower shall reimburse Lender on demand for any and all out-of-pocket costs actually incurred by Lender in connection with curing any such Senior Mezzanine Loan Default or Mortgage Loan Default or satisfying any Liens, claims or judgments against any Individual Property.

  • Mezzanine Borrower agrees that Mezzanine Lender shall not be required to deliver to Mortgage Lender a Mezzanine Loan Default Notice prior to the deposit of Proceeds into the Mezzanine Account.

  • Swimming pools, hot tub and tennis courts shall be subject to the applicable lot coverage requirements set forth in this Ordinance.

  • Upon the occurrence of a Cash Trap Event Cure and provided that no Event of Default or Mezzanine Loan Default shall have occurred and be continuing all funds on deposit in the Excess Cash Flow Reserve Account shall be deposited into the Cash Management Account and applied in accordance with Section 2.6 hereof.

  • Provided that your fundamental rights and freedoms are not violated, being required for our legitimate interests.3. Your Personal Data Collected The Personal Data collected from you, are the data processed for the purposes of processing indicated in Section 4 below.

  • The services of the canteen will be at the disposal of the staff of this hospital including visitors.

  • The Local Planning Authority would have had a retail impact assessment but the conditions limited the amount of areas to be used for retail.• With regard to the scale and massing of the proposal, the plans available identified the area to be developed.• Concerns with regard to 85% of the floor space could be used for A1 retail; Condition 15 limited the area for retail to 500 sq.


More Definitions of Mezzanine Loan Default

Mezzanine Loan Default means either (a) a default by Mezzanine Borrower under the Mezzanine Loan Documents or (b) a default by Mezzanine Lender under the Mezzanine Loan Subordination Agreement.
Mezzanine Loan Default means a “Default” under the Mezzanine Loan.
Mezzanine Loan Default means an Event of Default, a Mezzanine A Loan Default and/or a Mezzanine B Loan Default.
Mezzanine Loan Default means (a) the occurrence of an Event of Default (as defined in the Loan Documents) and/or (b) the failure of the Borrower to pay any amount due under the Loan Documents when due, whether or not an Event of Default is declared.
Mezzanine Loan Default means either a Mezzanine A Loan Default and/or a Mezzanine B Loan Default.
Mezzanine Loan Default means, individually and/or collectively as the context may require, a Senior Mezzanine Loan Default and a Junior Mezzanine Loan Default.

Related to Mezzanine Loan Default

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

  • Mezzanine Loan Documents means the “Loan Documents” as defined in the Mezzanine Loan Agreement.

  • 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.

  • Lender Default means (i) the refusal (which may be given verbally or in writing and has not been retracted) or failure of any Lender to make available its portion of any incurrence of revolving loans or reimbursement obligations required to be made by it, which refusal or failure is not cured within two Business Days after the date of such refusal or failure; (ii) the failure of any Lender to pay over to the Administrative Agent, any L/C Issuer or any other Lender any other amount required to be paid by it hereunder within two business days of the date when due, unless subject to a good faith dispute; (iii) a Lender has notified the Borrower or the Administrative Agent that it does not intend to comply with its funding obligations, or has made a public statement to that effect with respect to its funding obligations, under the Revolving Credit Facility or under other agreements generally in which it commits to extend credit; (iv) a Lender has failed, within three Business Days after request by the Administrative Agent, to confirm that it will comply with its funding obligations under the Revolving Credit Facility; or (v) a Lender has admitted in writing that it is insolvent or such Lender becomes subject to a Lender-Related Distress Event or a Bail-in Action. Any determination by the Administrative Agent that a Lender Default has occurred under any one or more of clauses (i) through (v) above shall be conclusive and binding absent manifest error, and the applicable Lender shall be deemed to be a Defaulting Lender (subject to Section 2.17(b)) upon delivery of written notice of such determination to the Borrower, each L/C Issuer, each Swing Line Lender and each Lender.

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

  • Non-Defaulting Lender means, at any time, each Lender that is not a Defaulting Lender at such time.