Senior Mezzanine Loan Event of Default definition

Senior Mezzanine Loan Event of Default means, collectively, an “Event of Default” under any of the Senior Mezzanine Loan Documents.
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Senior Mezzanine Loan Event of Default means, individually or collectively, as the context may require, an “Event of Default” under and as defined in the First Mezzanine Loan Agreement, the Second Mezzanine Loan Agreement, the Third Mezzanine Loan Agreement, the Fourth Mezzanine Loan Agreement, the Fifth Mezzanine Loan Agreement and/or the Sixth mezzanine Loan Agreement.
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Senior Mezzanine Loan Event of Default means the occurrence of any one or more events that would constitute an “Event of Default” under and as defined in any of the Senior Mezzanine Loan Documents, with respect to which Lender shall have received written notice from Borrower or the Senior Mezzanine Lender.
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Examples of Senior Mezzanine Loan Event of Default in a sentence

  • Borrower shall reimburse Lender on demand for any and all costs incurred by Lender in connection with curing any such Mortgage Loan Default, Senior Mezzanine Loan Default, Mortgage Loan Event of Default or Senior Mezzanine Loan Event of Default or satisfying any Liens, claims or judgments against any of the Properties or the Senior Mezzanine Collateral.

  • Borrower shall promptly advise Lender of any material Default or Event of Default of which Borrower has knowledge, including any Mortgage Loan Default, Senior Mezzanine Loan Default, Senior Mezzanine Loan Event of Default or Mortgage Loan Event of Default.

  • Borrower shall give notice, or cause notice to be given, to Lender promptly upon the occurrence of any Mortgage Loan Event of Default or any Senior Mezzanine Loan Event of Default.

  • No Mortgage Loan Event of Default, Senior Mezzanine Loan Event of Default or, to the best of Borrower’s knowledge, information and belief, after due inquiry, Mortgage Default or Senior Mezzanine Default exists as of the date hereof.

  • Borrower shall reimburse Lender on demand for any and all costs paid by Lender in connection with curing any such Senior Mezzanine Loan Event of Default or Mortgage Loan Event of Default or satisfying any such Liens, claims or judgments against any of the Senior Mezzanine Collateral or the Property.

  • Borrower shall promptly advise Lender of any material adverse change in Borrower’s, Mortgage Borrower’s, Senior Mezzanine Borrower’s, Operating Company’s or Guarantor’s financial condition or business, or of the occurrence of any Default, Event of Default, Senior Mezzanine Default, Senior Mezzanine Loan Event of Default, Mortgage Loan Default or Mortgage Loan Event of Default of which Borrower or any Affiliate of Borrower (including, without limitation, any Affiliated Manager) has actual knowledge.

  • All such costs and expenses incurred by Lender in remedying such Senior Mezzanine Loan Event of Default or such failed payment or act shall bear interest at the Default Rate, for the period after such cost or expense was incurred to the date of payment to Lender.

  • Provided that no Senior Mezzanine Loan Event of Default or Mortgage Loan Event of Default shall have occurred and be continuing, on each Business Day, all amounts on deposit in the Senior Mezzanine Cash Management Account in excess of the “Minimum Balance”, as defined in the Senior Mezzanine Loan Agreement, shall be remitted to the Cash Management Account.

  • Borrower shall reimburse Lender on demand for any and all costs incurred by Lender in connection with curing any such Mortgage Loan Default or Mortgage Loan Event of Default, Senior Mezzanine Loan Default, Senior Mezzanine Loan Event of Default or satisfying any Liens, claims or judgments against any Individual Property or the Senior Mezzanine Collateral.

  • Optionee may not sell, transfer, assign or otherwise dispose of the Option except by will or the laws of descent and distribution, and Stock Options may be exercised during the lifetime of the Option Holder only by the Option Holder or by his or her guardian or legal representative.


More Definitions of Senior Mezzanine Loan Event of Default

Senior Mezzanine Loan Event of Default means an "Event of Default" under and as defined in the Senior Mezzanine Loan Agreement.
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Related to Senior Mezzanine Loan Event of Default

  • Loan Event of Default An “Event of Default” as defined in the Loan Agreement.

  • Mortgage Loan Event of Default means an “Event of Default” as defined in the Mortgage Loan Agreement.

  • Senior Event of Default means an Event of Default under (and as defined in) the Senior Facilities Agreement.

  • Note Event of Default means any “Event of Default” specified in Section 5.1 of the Indenture.

  • PTC Event of Default means, with respect to each Trust Agreement, the failure to pay within 10 Business Days after the due date thereof: (i) the outstanding Pool Balance of the applicable Class of Certificates on the Final Legal Distribution Date for such Class or (ii) interest due on such Certificates on any Distribution Date (unless the Subordination Agent shall have made an Interest Drawing or a withdrawal from the Cash Collateral Account relating to a Liquidity Facility for such Class, with respect thereto in an aggregate amount sufficient to pay such interest and shall have distributed such amount to the Trustee entitled thereto).

  • Owner Event of Default has the meaning specified in Section 16.2.

  • Liquidity Event of Default with respect to any Liquidity Facility, has the meaning assigned to such term in such Liquidity Facility.

  • Collateral Event of Default has the meaning set forth in Section 13.01(b).

  • Declaration Event of Default means an “Event of Default” as defined in the Declaration.

  • Acceleration Event of Default means an Event of Default under Section 5.1(a), (d), (e) or (f), whatever the reason for such Acceleration Event of Default and whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body.

  • Guarantor Event of Default means the occurrence of any “Event of Default” under and as defined in the Performance Guaranty.

  • Issuer Event of Default means the occurrence of any of the following events:

  • Specified Event of Default means any Event of Default under Section 8.01(a), (f) or (g).

  • Triggering Event of Default means (i) any Event of Default with respect to an obligation of the Mortgage Loan Borrower to pay money due under the Mortgage Loan or (ii) any non-monetary Event of Default as a result of which the Mortgage Loan becomes a Specially Serviced Mortgage Loan (which, for clarification, shall not include any imminent Event of Default (i.e., subclause (vii) of the definition of Special Servicing Loan Event)).

  • Bond Event of Default means the occurrence of any of the following (or such event or condition which with notice or lapse of time or both would constitute any of the following):

  • Lease Event of Default shall have the meaning specified in Section 17.1 of the Lease.

  • Potential Event of Default means any event which, with the giving of notice or the lapse of time or both, would constitute an Event of Default.

  • Potential Issuer Event of Default means any condition, event or act which, with the lapse of time and/or the issue, making or giving of any notice, certification, declaration, demand, determination and/or request and/or the taking of any similar action and/or the fulfilment of any similar condition, would constitute an Issuer Event of Default;

  • Guarantee Event of Default means a default by the Guarantor on any of its payment or other obligations under this Guarantee.

  • Material Event of Default means any Event of Default arising under Section 10.01(a), 10.01(b) (solely with respect to a default related to Section 8.01, 8.20 or 9.13), 10.01(f), 10.01(i), 10.01(j), 10.01(n) or 10.01(o).

  • Subordination Event means any one of the following events:

  • Event of Default wherever used herein, means any one of the following events (whatever the reason for such Event of Default and whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body):

  • Servicer Event of Default wherever used herein, means any one of the following events:

  • Insurance Agreement Event of Default means an "Event of Default" as defined in the Insurance Agreement.

  • Master Servicer Event of Default wherever used herein, means any one of the following events:

  • Bankruptcy Event of Default means any Event of Default under Section 8.01(f) of the Credit Agreement.