Permitted Mezzanine Loan definition
Permitted Mezzanine Loan shall have the meaning set forth in Section 2.8 hereof.
Permitted Mezzanine Loan means any Permitted Mezzanine Loan (as such term is defined in the Mortgage Loan Agreement) or any Mezzanine Loan (as such term is defined in the Mortgage Loan Agreement).
Permitted Mezzanine Loan means one or more loans from a Permitted Mezzanine Lender to a Permitted Mezzanine Borrower and secured solely by a pledge of the direct or indirect ownership interests in Borrower, which loan or loans shall be in compliance with the terms and conditions set forth in Section 8.1(j), is evidenced and secured by loan documents in form and substance acceptable to Lender, has a term expiring on or after the Maturity Date and is the subject of an intercreditor agreement between Lender and the proposed lender of such proposed mezzanine loan, which shall be in form and substance acceptable to Lender.
Examples of Permitted Mezzanine Loan in a sentence
Neither the consent of the applicable Master Servicer nor the consent of the applicable Special Servicer shall be required for the foreclosure by a Permitted Mezzanine Loan Holder if an event of default has been declared under the related Mortgage Loan(s) (and each Rating Agency has been notified of such event of default), except as set forth in any related intercreditor agreement.
Commercial General Liability Insurance coverage in the minimum amount of Two Million Dollars ($2,000,000) for bodily injury (or death) of, and One Million Dollars ($1,000,000) property damage.
More Definitions of Permitted Mezzanine Loan
Permitted Mezzanine Loan shall have the meaning set forth in Section 8.3. "Permitted Prepayment Date" shall have the meaning set forth in Section 2.4.1.