Operating Lessee Pledgor definition

Operating Lessee Pledgor shall have the meaning set forth in the Mortgage Loan Agreement.
Sample 1Sample 2Sample 3
Operating Lessee Pledgor means, collectively, CCRC OPS MB-T, LLC, MA OPS MB1-T, LLC and Glenwood OPS MB1-T, LLC, each a Delaware limited liability company.
Sample 1Sample 2
Operating Lessee Pledgor means Operating Tenant (SHBH) Owner, LLC, a Delaware limited liability company. “Operating Lessee Security Agreement” shall mean that certain Operating Lessee Security Agreement and Assignment of
Sample 1

Examples of Operating Lessee Pledgor in a sentence

  • To assist Lender in its Syndication efforts, Borrower agrees promptly to prepare and provide to Lender all information with respect to Borrower, Mortgage Borrower, Manager, Guarantor, Sponsor, any SPE Component Entity (if any), Mezzanine Borrower, Operating Lessee Pledgor, the Collateral and the Properties contemplated hereby, including all financial information and projections (the “Projections”), as Lender may reasonably request in connection with the Syndication of the Loan.

  • To assist Lender in its Syndication efforts, Borrower agrees promptly to prepare and provide to Lender all information with respect to Borrower, Manager, Guarantor, Sponsor, any SPE Component Entity (if any), Mezzanine Borrower, Operating Lessee Pledgor and the Properties contemplated hereby, including all financial information and projections (the “Projections”), as Lender may reasonably request in connection with the Syndication of the Loan.

  • Each of Borrower, Operating Lessee Pledgor and the Properties (including the use thereof) comply in all material respects with all applicable Legal Requirements, including, without limitation, building and zoning ordinances and codes.

  • If any of Borrower, Operating Lessee or Operating Lessee Pledgor does not now have an organizational identification number and later obtains one, Borrower, Operating Lessee or Operating Lessee Pledgor, as applicable, promptly shall notify Lender of such organizational identification number.

  • Borrower, Equity Owner, Mortgage Borrower, Operating Lessee Pledgor, Operating Lessee and Guarantor have disclosed to Lender all material facts with respect to such Person, the Property and the Collateral and has not failed to disclose any material fact that could cause any Provided Information or representation or warranty made herein to be materially misleading.

  • Lender shall have the right to provide to prospective investors and the Rating Agencies any information in its possession, including, without limitation, financial statements relating to Borrower, Operating Lessee, Operating Lessee Pledgor, Guarantor, if any, the Property, the Licensor and any Tenant of the Improvements.

  • None of Borrower, Mortgage Borrower, Principal, Operating Lessee, Operating Lessee Pledgor or Guarantor shall be the subject of any bankruptcy, reorganization, or insolvency proceeding.

  • Borrower agrees that Lender may disclose information regarding the Properties, the Collateral, Operating Lessee, Operating Lessee Pledgor, Borrower and Mortgage Borrower that is provided to Lender pursuant to this Section 5.1.11 in connection with the Securitization to such parties requesting such information in connection with such Securitization.

  • On or before thirty (30) days after the end of each calendar month, each of Borrower and Equity Owner also will furnish, or cause to be furnished, to Lender the most current Sxxxx Travel Research Reports then available to Borrower, Equity Owner, Mortgage Borrower, Operating Lessee Pledgor or Operating Lessee (as applicable) reflecting market penetration and relevant hotel properties competing with the Viceroy Property.

  • Borrower and Operating Lessee Pledgor have (a) not entered into the transaction or executed the Note, this Agreement or any other Loan Documents, as applicable, with the actual intent to hinder, delay or defraud any creditor and (b) received reasonably equivalent value in exchange for their respective obligations under such Loan Documents.


More Definitions of Operating Lessee Pledgor

Operating Lessee Pledgor means Operating Tenant (SHBH) Owner, LLC, a Delaware limited liability company.
Sample 1
Operating Lessee Pledgor shall have the meaning set forth in the Recitals to this Agreement, together with its successors and permitted assigns.
Sample 1
Operating Lessee Pledgor means DP Lease Mezz 1 Holding Company, LLC, a Delaware limited liability company.
Sample 1
Operating Lessee Pledgor means ARC NY120W5701 TRS Mezz II, LLC, a Delaware limited liability company, together with its permitted successors and permitted assigns pursuant to the Mortgage Loan Agreement and this Agreement.
Sample 1

Related to Operating Lessee Pledgor

  • Operating Lessee means, with respect to a Hotel Property, the Subsidiary of the Parent Guarantor that leases such Hotel Property from a Subsidiary of the Parent Guarantor that is the owner or ground lessee of such Hotel Property.

  • Mortgage Borrower shall have the meaning ascribed to the term “Borrower” in the Loan Agreement (Mortgage).

  • Property Owner means any person shown as the owner of land on the last equalized assessment roll or otherwise known to be the owner of land by the city council. “Business owner” means any person recognized by the city as the owner of the business. “Owner” means either a business owner or a property owner. The city council has no obligation to obtain other information as to the ownership of land or businesses, and its determination of ownership shall be final and conclusive for the purposes of this part. Wherever this part requires the signature of the property owner, the signature of the authorized agent of the property owner shall be sufficient. Wherever this part requires the signature of the business owner, the signature of the authorized agent of the business owner shall be sufficient.

  • Master Tenant means any entity approved by HUD now or hereafter leasing the Healthcare Facility pursuant to a Master Lease.

  • Trustor means a borrower under a deed of trust, who deeds property to a trustee as security for the payment of a debt.

  • Ground Lessee means the Owner Lessor as lessee of the Ground Interest under the Facility Site Lease.

  • Borrower Pledge Agreement means the Pledge Agreement of even date herewith executed by Borrower in favor of Agent, on behalf of itself and Lenders, pledging all Stock of its Subsidiaries, if any, and all Intercompany Notes owing to or held by it.

  • SPE means any bankruptcy-remote, special-purpose entity created in connection with the financing of settlement float with respect to customer funds or otherwise.

  • Mortgagor The obligor on a Mortgage Note.

  • Property Owners association" or "association" means an incorporated or unincorporated entity upon

  • Borrower Party means the Mortgage Loan Borrower, a manager of the Mortgaged Property, an Accelerated Mezzanine Loan Lender or any Borrower Party Affiliate.

  • Property Owner Association Property means, for each Fiscal Year, any property within the boundaries of IA No. 1 that was owned by a property owner association, including any master or sub-association, as of January 1 of the prior Fiscal Year.

  • Pledged Operating Agreements means all of each Grantor’s rights, powers, and remedies under the limited liability company operating agreements of each of the Pledged Companies that are limited liability companies.

  • Mezzanine Borrower shall have the meaning set forth in Section 11.6 hereof.

  • Parent Guarantor has the meaning specified in the recital of parties to this Agreement.

  • Permitted Lessee means the lessee under a Permitted Lease.

  • Borrower as defined in the preamble hereto.

  • Credit Party means the Administrative Agent, the Issuing Bank, the Swingline Lender or any other Lender.

  • Pledgor shall have the meaning assigned to such term in the Preamble hereof.

  • Operating Leases means all real or personal property leases under which any Company is bound or obligated as a lessee or sublessee and which, under GAAP, are not required to be capitalized on a balance sheet of such Company; provided that Operating Leases shall not include any such lease under which any Company is also bound as the lessor or sublessor.

  • Debtor means a person who is liable on a claim.

  • Project Owner means the legal entity that ultimately owns the Project and to which Tax Credits will be allocated.

  • Pledged Entity means an issuer of Pledged Shares or Pledged Indebtedness.

  • Ground Lessor means, as to any Site, the “lessor,” “sublessor,” “landlord,” “licensor,” “sublicensor” or similar Person under the related Ground Lease.

  • Foreign Pledge Agreements means each pledge agreement, charge or collateral security instrument creating a security interest in the Capital Stock of the Foreign Subsidiary Borrowers and certain other first-tier Foreign Subsidiaries of the Company, in each case, in form and substance reasonably satisfactory to the Administrative Agent, as such agreements may be amended, supplemented or otherwise modified from time to time.

  • Property Manager means an entity that has been retained to perform and carry out at one or more of the Properties property-management services, excluding persons, entities or independent contractors retained or hired to perform facility management or other services or tasks at a particular Property, the costs for which are passed through to and ultimately paid by the tenant at such Property.