Common use of Refinancing Clause in Contracts

Refinancing. Borrower shall not consent to or permit a refinancing of the Mortgage Loan or Senior Mezzanine Loan unless it obtains the prior consent of Lender, unless the Loan shall be paid in full in connection with such refinancing in accordance with this Agreement. Borrower shall not consent to or permit a prepayment in full or in part of the Mortgage Loan or Senior Mezzanine Loan unless it obtains the prior consent of Lender, unless the Loan shall likewise be prepaid (in the same proportion, in the case of any partial prepayment) in accordance with this Agreement.

Appears in 15 contracts

Samples: Fourth Mezzanine Loan Agreement (Harrahs Entertainment Inc), Second Mezzanine Loan Agreement (Harrahs Entertainment Inc), Fifth Mezzanine Loan Agreement (Harrahs Entertainment Inc)

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Refinancing. Borrower shall not consent to or permit a refinancing of any Senior Mezzanine Loan or the Mortgage Loan or Senior Mezzanine Loan unless it also repays the Loan and obtains the prior consent of Lender, unless the Loan shall which consent may be paid given or withheld by Lender in full in connection with such refinancing in accordance with this Agreement. Borrower shall not consent to or permit a prepayment in full or in part of the Mortgage Loan or Senior Mezzanine Loan unless it obtains the prior consent of Lender, unless the Loan shall likewise be prepaid (in the same proportion, in the case of any partial prepayment) in accordance with this Agreementits sole discretion.

Appears in 1 contract

Samples: Mezzanine C Loan Agreement (Wyndham International Inc)

Refinancing. Borrower shall not consent to or permit a refinancing of the Mortgage Loan or the Senior Mezzanine Loan unless it obtains the prior consent of Lender, unless the Loan provided that Lender shall be paid consent to a refinancing in full in connection with such refinancing in accordance with this Agreement. Borrower shall not consent to or permit a prepayment in full or in part of the Mortgage Loan or the Senior Mezzanine Loan unless it obtains if, after considering the prior consent of Lenderfollowing factors, unless the Loan shall likewise be prepaid (Lender determines in the same proportion, in the case of any partial prepayment) in accordance with this Agreement.its reasonable discretion that such factors have been satisfied:

Appears in 1 contract

Samples: Junior Mezzanine Loan Agreement (Maguire Properties Inc)

Refinancing. Borrower shall not consent to or permit a refinancing of the Mortgage Loan or Senior Mezzanine Loan unless it obtains the prior consent of Lender, unless the Loan shall be paid in full in connection with such refinancing in accordance with this Agreement. Borrower shall not consent to or permit a prepayment in full or in part of the Mortgage Loan or Senior Mezzanine Loan unless it obtains the prior consent of Lender, unless the Loan shall likewise be prepaid (in the same proportion, in the case of any partial prepayment) in accordance with this Agreement.this

Appears in 1 contract

Samples: Sixth Mezzanine Loan Agreement (Harrahs Entertainment Inc)

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Refinancing. Borrower shall not consent to or permit a refinancing of the Mortgage Loan or Senior Mezzanine Loan or the Mortgage Loan unless it also repays the Loan and obtains the prior consent of Lender, unless the Loan shall which consent may be paid given or withheld by Lender in full in connection with such refinancing in accordance with this Agreement. Borrower shall not consent to or permit a prepayment in full or in part of the Mortgage Loan or Senior Mezzanine Loan unless it obtains the prior consent of Lender, unless the Loan shall likewise be prepaid (in the same proportion, in the case of any partial prepayment) in accordance with this Agreementits sole discretion.

Appears in 1 contract

Samples: Mezzanine B Loan Agreement (Wyndham International Inc)

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