Examples of Second Mezzanine Loan Documents in a sentence
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.
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.
There are no Mortgage Loan Documents, no First Mezzanine Loan Documents and no Second Mezzanine Loan Documents other than those set forth on Schedule XI, Schedule XII and Schedule XIII, respectively, attached hereto.
Senior Lender and each Junior Lender acknowledge and agree that (i) the Administrative Agent shall disburse all funds in accordance with this Agreement and (ii) all amounts to be remitted by Borrower under the Senior Loan Documents, by First Mezzanine Borrower under the First Mezzanine Loan Documents and by Second Mezzanine Borrower under the Second Mezzanine Loan Documents shall be remitted to the Administrative Agent and disbursed in accordance with the applicable Loan Documents and this Agreement.
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 Loan Documents (including in any deposit or collection or cash management account) 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.
Nothing herein shall be construed to constitute a novation of the Second Mezzanine Loan or of any of the Second Mezzanine Loan Documents.
Any amounts of Net Liquidation Proceeds After Debt Service in excess of the Debt shall be paid to Second Mezzanine Lender for application in accordance with the Second Mezzanine Loan Documents.
Second Mezzanine Lender’s knowledge, New Second Mezzanine Lender hereby represents and warrants to each of Mortgage Lender and First Mezzanine Lender, Exhibit A attached hereto and made a part hereof is a true, correct and complete listing of all of the Second Mezzanine Loan Documents (including all amendments, modifications, replacements, restatements and supplements thereof) as of the date hereof.