Examples of Taberna V in a sentence
On the Closing Date, in addition to the obligations agreed to by CT under Section 2(b)(vi) and (vii) herein, the CT Entities shall pay all reasonable costs and expenses incurred by Taberna V in connection with the authorization, execution and delivery of this Agreement and the transactions contemplated hereby, including the reasonable fees of one counsel for Taberna V.
Our U.S. TruPS portfolio is comprised of assets collateralizing Taberna III, Taberna IV, and Taberna VI through Taberna IX, and our interests in Taberna I, Taberna II and Taberna V, and includes TruPS and subordinated debentures, unsecured REIT note receivables, CMBS receivables, other securities, commercial mortgages and mezzanine loans.
Recourse hereunder solely with respect to Taberna V shall be limited solely to the assets of Taberna V.
None of the rights or obligations of the CT Entities under this Agreement may be assigned, whether by operation of law or otherwise, without the prior written consent of Taberna V.
With respect to each Collateral Debt Security held in the Warehouse Account or Escrow Account, MLI shall be entitled, following notice to and (unless a Taberna Event has occurred and is continuing) consultation with Taberna, to exercise any and all other rights Taberna V REIT/REOC Warehouse Agreement (including without limitation, voting and exchange rights) with respect to such Collateral Debt Security.
The Company retained $22,000 of common and preference shares and $14,000 of subordinated debt issued by Taberna V, excluding discounts.
To the extent the assets of Taberna V or the proceeds of such assets are insufficient to meet the obligations of Taberna V hereunder in full, Taberna V shall have no further liability in respect of such outstanding obligations.
Our U.S. TruPS portfolio is comprised of assets collateralizing the securitizations Taberna III, Taberna IV, and Taberna VI through Taberna IX, and our interests in the securitizations Taberna I, Taberna II and Taberna V, and includes TruPS and subordinated debentures, unsecured REIT note receivables, CMBS receivables, other securities, commercial mortgages and mezzanine loans.
The notes payable issued by Taberna V consist of 10 classes of notes bearing interest at spreads over 90-day LIBOR ranging from 38 to 475 basis points or at fixed rates ranging from 6.6% to 9.8%.