Mezzanine Pledge Agreement definition
Examples of Mezzanine Pledge Agreement in a sentence
Subject to the Standard Qualifications, each related Mezzanine Pledge Agreement (or equivalent document) creates a valid and enforceable lien and security interest on the items of personalty described above.
Any security agreement, Mezzanine Pledge Agreement or equivalent document related to and delivered in connection with the Purchased Asset establishes and creates a valid and enforceable lien on property described therein, except as such enforcement may be limited by Standard Qualifications.
Nothing contained herein shall (i) constitute a waiver of any indebtedness evidenced by the Notes or secured by the Mortgage, the Mezzanine Pledge Agreement or the other Security Documents, or (ii) be taken to prevent recourse to or the enforcement of remedies against any of the Collateral, in respect of any and all liabilities, obligations and undertakings contained in the Security Documents.
The Senior Mezzanine Loan Agreement, Senior Mezzanine Note, Senior Mezzanine Pledge Agreement and other documents and instruments entered into in connection with the Senior Mezzanine Loan, each as amended, supplemented or otherwise modified from time to time, are collectively referred to as the "SENIOR MEZZANINE LOAN DOCUMENTS"; Original Mezzanine Borrower has contributed all of its right, title and interest in the Senior Mezzanine Collateral (the "PLEDGED COMPANY INTERESTS") to ▇▇▇▇▇▇▇ Properties - 555 W.
Based on the forgoing representations and warranties, Landlord hereby acknowledges and agrees that the Security Instrument constitutes a Permitted Lease Financing Encumbrance for all purposes under the Ground Lease, the Mezzanine Pledge Agreement constitutes a Permitted Equity Financing Encumbrance for all purposes under the Ground Lease, and the Reimbursement Pledge Agreement constitutes a Permitted Equity Financing Encumbrance for all purposes under the Ground Lease.