Knightsbridge Loan definition

Knightsbridge Loan means that certain loan in the original principal amount of $15,066,010.15 as evidenced by that certain First Amended and Restated Mortgage Note, dated April 1, 1992, made by FOH to Teachers Insurance and Annuity Association of America ("Teachers") and secured by, among other things, (i) that certain Open-End Mortgage Deed and Security Agreement, dated June 18, 1990, by Forum to Teachers, recorded on June 18, 1990 in the Recorder's Office of Franklin County, Ohio in Official Record 15358, page B-02, and (ii) that certain Assignment and Security Agreement, dated June 18, 1990, from Forum to Teachers, recorded on June 18, 1990 in the Recorder's Office of Franklin County, Ohio in Official Record 15358, page D-16, both as amended by that certain First Amendment to Open-End Mortgage Deed and Security Agreement and to Assignment and Security Agreement, dated as of April 1, 1992, by and between Forum and Teachers, recorded on April 10, 1992 in the Recorder's Office of Franklin County, Ohio in Official Record 19126, page G-02.
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Examples of Knightsbridge Loan in a sentence

  • Except for the debt to be repaid from the proceeds of the Loan, including the Knightsbridge Loan, Borrower has not borrowed or received other debt financing whether unsecured or secured by any Individual Property or any part thereof.

Related to Knightsbridge Loan

  • Bridge Loan Any loan or other obligation that (x) is incurred in connection with a merger, acquisition, consolidation, or sale of all or substantially all of the assets of a Person or similar transaction and (y) by its terms, is required to be repaid within one year of the incurrence thereof with proceeds from additional borrowings or other refinancings (it being understood that any such loan or debt security that has a nominal maturity date of one year or less from the incurrence thereof but has a term-out or other provision whereby (automatically or at the sole option of the Obligor thereof) the maturity of the indebtedness thereunder may be extended to a later date is not a Bridge Loan).

  • Bridge means a structure including supports erected over a depression or an obstruction, such as water, a highway, or a railway, for the purposes of carrying traffic or other moving loads, and having an opening measuring along the center of the roadway of more than 20 feet between undercopings of abutments or spring lines of arches, or extreme ends of openings for multiple boxes where the clear distance between openings is less than 1/2 of the smaller contiguous opening.

  • Holdco has the meaning set forth in the Preamble.

  • Bridge Loans means the loans made by Parent under the Bridge Loan Agreement.

  • L/C Bank means the Original L/C Bank and any other Lender which has been appointed as an L/C Bank in accordance with Clause 5.11 (Appointment and Change of L/C Bank) and which has not resigned in accordance with paragraph (c) of Clause 5.11 (Appointment and Change of L/C Bank).