Examples of Other Mezzanine Loan in a sentence
If an Event of Default hereunder or under any of the Other Mezzanine Loan Documents has occurred and is continuing, to the extent Monthly Disbursements are not applied to the payment of amounts due hereunder, Collateral Agent and Servicer shall have the right to retain such excess as collateral for the Loan and/or apply (or cause to be applied) such excess to the payment of the Debt.
The payment of such fee shall not be duplicative of any such fee under any Other Mezzanine Loan (i.e. such fee is not payable under more than one of the Loan or any Other Mezzanine Loan).
Provisions of the Mortgage Loan Agreement or Other Mezzanine Loan Agreements referred to or incorporated herein by reference shall be such provisions of the Mortgage Loan Agreement or Other Mezzanine Loan Agreements, as applicable, as of the Closing Date, notwithstanding any subsequent amendment of the Mortgage Loan Agreement or Other Mezzanine Loan Agreements to such provision unless the Requisite Lenders shall have consented to such amendment.
As a condition to any prepayment contemplated by this Section 2.6(a), Borrower shall have delivered evidence satisfactory to Lender that each Other Mezzanine Loan and the Mortgage Loan are simultaneously being prepaid on a pro-rata basis in accordance with the terms of the related Other Mezzanine Loan Documents and the Mortgage Loan Documents, respectively.
Borrower has or has caused to be delivered to Lender true, complete and correct copies of all Other Mezzanine Loan Documents, and none of the Other Mezzanine Loan Documents has been amended or modified as of the date thereof.
Notwithstanding anything to the contrary contained in this Agreement, any prepayments made by Mortgage Borrower or an Other Mezzanine Borrower in connection with a Discounted Payoff shall be applied solely to reduce the portion of the Mortgage Loan or related Other Mezzanine Loan, as applicable, held by the Other Mezzanine Lender, as applicable, or participant in such Other Mezzanine Loan accepting such Discounted Payoff by an amount equal to the Face Amount.
Notwithstanding the foregoing, Lender shall not reallocate principal from the Loan or any Other Mezzanine Loan to the Mortgage Loan.
As such, meeting the P10 Heavy Load Hour needs will also solve many of the other needs identified in this Needs Assessment.
Notwithstanding any of the foregoing to the contrary, at no time shall the Independent Director of any Borrower or Additional Pledgor also be an Independent Director (as such term is defined herein, in the Mortgage Loan Agreement and in each Other Mezzanine Loan Agreement) of any Mortgage Borrower, Other Mezzanine Borrower, Operating Lessee, HHSD or Additional Pledgor (as such term is defined in each Other Mezzanine Loan Agreement).
Purchaser's Representations and Warranties..............................................................6 12.