Participation A-1 Holder definition

Participation A-1 Holder means the Initial Participation A-1 Holder or any subsequent holder of Participation A-1.
Participation A-1 Holder means the Initial Participation A-1 Holder, or any subsequent holder of the Note, in each case subject to (i) the interests of the Participation A-2 Holder granted hereunder and (ii) the terms of this Agreement.
Participation A-1 Holder means the registered owner of the Participation A-1 Interest together with any permitted successors and assigns thereof. The initial Participation A-1 Holder is NRFC Cedar Creek Holdings, LLC, a Delaware limited liability company.

Examples of Participation A-1 Holder in a sentence

  • The Participation A-1 Holder represents and warrants that the execution, delivery and performance of this Agreement is within its corporate powers, has been duly authorized by all necessary corporate action, and does not contravene the Participation A-1 Holder’s charter or any law or contractual restriction binding upon the Participation A-1 Holder, and that this Agreement is the legal, valid and binding obligation of the Participation A-1 Holder enforceable against it in accordance with its terms.

  • Each of the Participation A-1 Holder, the Participation A-2 Holder, the Participation IO A-1 Holder or the Participation IO A-2 Holder, agrees that if at any time it shall receive from any sources whatsoever any payment on account of the Mortgage Loan in excess of its distributable share thereof, it will promptly remit such excess to the Agent.

  • Neither Participation A-1 Holder nor any other Holder intends for the Participation Interests contemplated under this Agreement to be, or for any purpose, be characterized as, loans by Participation A-2 Holder to Participation A-1 Holder.

  • In addition to the foregoing, a Defaulting Future Funding Lender shall have no rights whatsoever under Section 18, whether in respect of consultation with Participation A-1 Holder or to approve or consent to a Unanimous Decision or otherwise.

  • Any such transferee must assume in writing the obligations of the Participation A-1 Holder or Participation A-2 Holder, as the case may be (the “Transferring Holder”) hereunder and agree to be bound by the terms and provisions hereof.

  • Participation A-1 Holder shall retain the Property Manager to complete the construction of and operate the REO Property, and sell the Condominium Units, on behalf of the Participation A-1 Holder and the Participation A-2 Holder pursuant to a property management agreement acceptable to the Participation A-1 Holder and the Participation A-2 Holder (the “Management Agreement”), and shall supervise the Property Manager in a manner consistent with prudent institutional investment practices.

  • On the date hereof, on the terms and conditions set forth herein, Rodin shall issue Participation A-1 to the Initial Participation A-1 Holder.

  • This Agreement shall not be deemed to represent (a) a pledge of any interest in the Mezzanine Loan by Participation A-1 Holder to the Participation A-2 Holder or (b) a loan from the Participation A-2 Holder to the Participation A-1 Holder.

  • The originals of all of the Mortgage Loan Documents will be held by the Participation A-1 Holder on behalf of all of the Holders.

  • Participation A-1 Holder shall permit the Holders and their respective representatives, at each Holder’s sole cost and expense, access at all reasonable times upon reasonable advance notice, to inspect the Loan Documents and such related records.


More Definitions of Participation A-1 Holder

Participation A-1 Holder means the registered owner of the Participation A‑1 Interest together with any permitted successors and assigns thereof. The initial Participation A‑1 Holder is Trellis Apartments-T, LLC, a Delaware limited liability company.

Related to Participation A-1 Holder

  • Note A-1 Holder means the Initial Note A-1 Holder or any subsequent holder of Note A-1, as applicable.

  • Note A-1-1 Holder means the Initial Note A-1-1 Holder or any subsequent holder of Note A-1-1, as applicable.

  • Lender Participation Notice has the meaning specified in Section 2.05(d)(iii).

  • L/C Participation shall have the meaning provided in Section 3.3(a).

  • Note A-2-1 Holder means the Initial Note A-2-1 Holder or any subsequent holder of Note A-2-1, as applicable.

  • Participation Factor means a percentage to be determined in the reasonable discretion of the Issuer (billiges Ermessen) (§ 315 BGB) on the Strike Date on the basis of the volatility of the Underlying and the market conditions prevailing on such date and will be published in accordance with § 14 hereof. The indication for the Participation Factor based on the market conditions as of 15 November 2017 is 100% (in any case, it will not be below 80%).

  • Participation Amount as defined in Section 3.4(b).

  • Participating Lender has the meaning set forth in Section 2.05(a)(v)(C)(2).

  • Note A-1-2 Holder means the Initial Note A-1-2 Holder or any subsequent holder of Note A-1-2, as applicable.

  • Participation Commitment means each Lender’s obligation to buy a participation of the Letters of Credit issued hereunder.

  • Swingline Participation Amount as defined in Section 2.7(c).

  • Participation Advance shall have the meaning set forth in Section 2.12(d).

  • Swing Line Participation Amount as defined in Section 2.7.

  • Active participation means an ongoing process of good faith negotiation between the state licensing agency and the Indiana elected committee of licensed managers to achieve joint planning of:

  • Note A-2-2 Holder means the Initial Note A-2-2 Holder or any subsequent holder of Note A-2-2, as applicable.

  • Note A-2 Holder means the Initial Note A-2 Holder or any subsequent holder of Note A-2, as applicable.

  • Participation Percentage means the rounded percentage of the total actual Project costs that will be contributed by the OPWC, not to exceed the maximum dollar contribution of the OPWC identified in this Project Agreement, and the rounded percentage of the total actual Project costs that will be contributed by the Recipient. Both percentages are identified in Appendix B. If the total actual Project costs exceed the estimated Project costs identified in Appendix B, the Local Subdivision Participation Percentage will increase to reflect the cost overrun, while the OPWC percentage contribution will decrease recognizing that there is a maximum dollar contribution from the OPWC which is identified in this Project Agreement.

  • Participation Percentages means the percentage of the total actual project costs that will be contributed by the OPWC, not to exceed the maximum dollar contribution of the OPWC identified in this Project Agreement, and the percentage of the total actual project costs that will be contributed by the Recipient. Both of the percentages are identified in Appendix D. In the event that the total actual project costs exceed the estimated project costs identified in Appendix D, the Local Subdivision Participation Percentage will increase to reflect the cost overrun, while the OPWC percentage contribution will decrease recognizing that there is a maximum dollar contribution from the OPWC which is identified in this Project Agreement.

  • Participation Maximum shall have the meaning ascribed to such term in Section 4.12(a).

  • Participation Date means the date the individual becomes a qualified participant in Tier 2 as determined under section 701a(1)(b).

  • Participation Interest means the purchase by a Lender of a participation interest in Letters of Credit as provided in Section 2.2 and in Swingline Loans as provided in Section 2.3.

  • Applicable Participation Agreement Has the meaning specified in Section 5.01(b) of this Trust Supplement.

  • Participation Period means a period during which contributions may be made toward the purchase of Stock under the Plan, as determined pursuant to Section 6.

  • Note A-3 Holder means the Initial Note A-3 Holder or any subsequent holder of Note A-3, as applicable.

  • L/C Participation Fee shall have the meaning assigned to such term in Section 2.05(c).

  • Identified Participating Lenders has the meaning set forth in Section 2.05(a)(v)(C)(3).