Examples of Mezzanine Obligations in a sentence
This Agreement and each other Mezzanine Loan Document shall continue to be effective or be reinstated, as the case may be, if at any time payment and performance of the Mezzanine Obligations or any part thereof is, pursuant to applicable law, rescinded or reduced in amount, or must otherwise be restored or returned to the Borrower, whether as a "voidable preference," "fraudulent conveyance," or otherwise, all as though such payment or performance had not been made.
Since the Closing Date, no event, change or condition has occurred that (individually or in the aggregate) has had, or could reasonably be expected to have, a Material Adverse Effect.
Upon payment and performance in full of the Mezzanine Obligations, this Agreement shall terminate and Borrower shall be entitled to the return, upon its request and at its expense, of such of the Collateral as shall not have been sold or otherwise applied pursuant to the terms hereof, and Agent and/or Lender shall execute such instruments and documents as may be reasonably requested by Borrower to evidence such termination and the release of the lien hereof.
Each of the Senior Agent and the Mezzanine Agent, on behalf of the respective holders of the Mezzanine Obligations and the Senior Obligations, agrees that all Liens in favor of said holders now or hereafter existing with respect to the Collateral shall be subject, subordinate and junior in all respects to the Liens in favor of the CDS Holders (as defined in the CDS Security Agreement) now or hereafter existing with respect to the "Collateral" as defined in the CDS Security Agreement.
This Agreement shall create a continuing security interest in the Collateral and shall remain in full force and effect until payment in full of the Mezzanine Obligations.