CMBS Loans definition

CMBS Loans means, collectively, one or more mortgage and mezzanine loans or other loans or other indebtedness secured or supported by interests in one or more CMBS Assets.
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CMBS Loans means, collectively, one or more mortgage, mezzanine or other loans or other indebtedness secured or supported by interests in one or more CMBS Assets.
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CMBS Loans means those Mortgage Loans which are part of the Purchased Assets and originated by the Seller and are to be sold to a third party which intends to transfer such Mortgage Loans into a collateralized mortgage backed securitization.
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Examples of CMBS Loans in a sentence

  • The proceeds of the Initial Term Loans, together with the proceeds of (i) the Senior Secured Notes, (ii) the Senior Unsecured Notes, (iii) the CMBS Loans, (iv) the Equity Investment and (v) all or a portion of the Initial Revolving Borrowing, together with cash on hand of the Company and its Subsidiaries, will be used by the Borrower to directly or indirectly consummate the Transactions, to pay the costs and expenses related to the Transactions and to fund cash to the Borrower’s balance sheet.

  • The proceeds of the Dollar Incremental Term Loans shall be used to (i) repay in full the outstanding CMBS Loans and (ii) pay fees and expenses in connection with the transactions contemplated by this Amendment and for working capital, general corporate purposes and for any other purpose not prohibited by the Credit Agreement.

  • The proceeds of the Euro Incremental Term Loans shall be used (i) to repay in full the outstanding CMBS Loans, (ii) to pay fees and expenses in connection with the transactions contemplated by this Amendment and (iii) for working capital, general corporate purposes and for any other purpose not prohibited by the Amended Credit Agreement.