Second Mezzanine Loan Documents definition
Examples of Second Mezzanine Loan Documents in a sentence
Borrowers acknowledge that the obligation to comply with this covenant is separate from, and may be enforced independently from, the obligations of Second Mezzanine Borrowers under the Second Mezzanine Loan Documents.
To Second Mezzanine Lender’s knowledge, there currently exists no default or event which, with the giving of notice or the lapse of time, or both, would constitute a default under the Second Mezzanine Loan Documents.
Borrowers shall cause Second Mezzanine Borrowers to provide Lender with a copy of any amendment, waiver, supplement, termination or other modification to the Second Mezzanine Loan Documents within five (5) days after the execution thereof.
Senior Lender and Junior Lenders desire to enter into this Agreement to provide for the relative priority of, and to evidence certain agreements with respect to, the Senior Loan Documents, the First Mezzanine Loan Documents, the Second Mezzanine Loan Documents, the Third Mezzanine Loan Documents, the Fourth Mezzanine Loan Documents, the Fifth Mezzanine Loan Documents, the Sixth Mezzanine Loan Documents and the Seventh Mezzanine Loan Documents on the terms and conditions hereinbelow set forth.
So long as no Event of Default shall have occurred and be continuing under the Second Mezzanine Loan Documents, subject to the cure rights of the Junior Lenders hereunder, all funds held and applied pursuant to the Second Mezzanine Cash Management Agreement and Second Mezzanine Loan Agreement, shall continue to be applied in the manner required thereunder prior to the occurrence of an Event of Default under the Second Mezzanine Loan Documents.
Upon payment in full of the Debt (including, without limitation, the Exit Fee), Lender’s sole obligation under this Section 2.4.4 shall be to disburse any remaining funds described herein and held by Lender to Second Mezzanine Lender for application in accordance with the terms of the Second Mezzanine Loan Documents.
Except for the specific modification set forth above, nothing herein shall be deemed to be a consent to or waiver or amendment of any covenant or agreement contained in the Loan Agreement or any Second Mezzanine Loan Document, and all covenants and agreements contained in the Loan Agreement and the other Second Mezzanine Loan Documents, as modified hereby, are hereby confirmed and ratified in all respects and shall remain in full force and effect in accordance with their respective terms.
Second Mezzanine Lender has not given notice to Second Mezzanine Borrower of any default or Event of Default under the Second Mezzanine Loan Documents that has not been cured.
The accuracy or inaccuracy of the representations and warranties made by any Guarantor herein or by any Loan Party in any of the Loan Documents and/or the Mortgage Loan Documents and/or the First Mezzanine Loan Documents and/or the Second Mezzanine Loan Documents, as applicable.
Any references in the Original Guaranties to (a) the Mortgage Loan Documents shall mean such mortgage loan document(s) as modified by the Mortgage Loan Document Modification, (b) the First Mezzanine Loan Documents shall mean such first mezzanine loan document(s) as modified by the First Mezzanine Loan Document Modification and (c) the Second Mezzanine Loan Documents shall mean such second mezzanine loan document(s) as modified by the Second Mezzanine Loan Document Modification.