Mezzanine 2 Borrower definition

Mezzanine 2 Borrower means SunStrong Capital Acquisition OF, LLC, a Delaware limited liability company.
Mezzanine 2 Borrower means GVS Portfolio IB, LLC, a Delaware limited liability company.
Mezzanine 2 Borrower has the meaning set forth in the Recitals.

Examples of Mezzanine 2 Borrower in a sentence

  • The Company is not party to any contract other than the Mezzanine Loan Documents, the Management Agreement, the limited liability company agreement of the Mezzanine 1 Borrower and the limited liability company agreement of the Mezzanine 2 Borrower.

  • Any transfer of Borrower’s funds from the Cash Management Account or other sources to or for the benefit of a Mezzanine Lender or a Mezzanine Borrower pursuant to this Agreement, the Cash Management Agreement or any of the other Loan Documents is intended by the parties to constitute, and shall constitute, a distribution from Borrower to Mezzanine 1 Borrower and from Mezzanine 1 Borrower to Mezzanine 2 Borrower, as applicable, and shall be recorded as such on the books and records of each party.

  • The Company is not party to any contract other than the Mezzanine Loan Documents, the Management Agreement, thelimited liability company agreement of the Mezzanine 1 Borrower and the limited liability company agreement of the Mezzanine 2 Borrower.

  • The Senior Loan Collateral does not secure any loan from Mezzanine 2 Lender to Mezzanine 2 Borrower or any other Affiliate of Borrower.

  • This includes commissioning services from General Practice Surgeries.

  • If the Mezzanine 2 Loan is outstanding, Mezzanine 2 Borrower shall have prepaid or defeased a portion of the Mezzanine 2 Loan in an amount equal to the Mezzanine 2 Adjusted Release Amount for the subject Individual Property on the Partial Defeasance Date in accordance with the applicable Mezzanine 2 Loan Documents.


More Definitions of Mezzanine 2 Borrower

Mezzanine 2 Borrower means, collectively, the entities identified as “Mezzanine 2 Borrower” on Schedule IX attached hereto, each a limited liability company, together with their respective successors and permitted assigns.
Mezzanine 2 Borrower as used herein (including within the definition ofBorrower Party”, as applicable) shall include any new or successor corporation, association, partnership (general or limited), joint venture, trust or other individual or organization formed as a result of any merger, reorganization, sale, transfer, devise, gift or bequest of Mezzanine 2 Borrower. The termMortgage Loan Borrower” and “Maryland Owner” as used herein (including within the definition of “Borrower Party”, as applicable) shall include any new or successor corporation, association, partnership (general or limited), joint venture, trust or other individual or organization formed as a result of any merger, reorganization, sale, transfer, devise, gift or bequest of Mortgage Loan Borrower or Maryland Owner.
Mezzanine 2 Borrower means SunStrong Capital Acquisition OF, LLC, a Delaware limited liability company.3

Related to Mezzanine 2 Borrower

  • Mezzanine Borrower shall have the meaning set forth in Section 11.6 hereof.

  • Mortgage Borrower shall have the meaning set forth in the Recitals to this Agreement.

  • Mezzanine Loans means, collectively, the First Mezzanine Loan, the Second Mezzanine Loan, the Third Mezzanine Loan, the Fourth Mezzanine Loan, the Fifth Mezzanine Loan, the Sixth Mezzanine Loan, the Seventh Mezzanine Loan, the Eighth Mezzanine Loan, the Ninth Mezzanine Loan and any New Mezzanine Loan.

  • Co-Borrower shall have the meaning assigned to such term in the introductory paragraph of this Agreement.

  • mezzanine means a mezzanine as defined in the Building Code Act;

  • Mezzanine Loan Documents means the “Loan Documents” as defined in the Mezzanine Loan Agreement.

  • Borrower/s means and refers to jointly and severally to the Applicants (more particularly described in the Application Form) who has/have been sanctioned/granted/disbursed the Loan by ABFL pursuant to the relevant Application Form submitted by such applicants to ABFL for availing of the Loan and depending upon the nature of the Borrower/s, shall, unless repugnant to the context or meaning thereof, be deemed to include his/her legal heirs, executors and administrators;

  • Mezzanine Loan means a mezzanine loan secured by equity interests in the Mortgage Loan Borrower.

  • DIP Lender means a lender under the DIP Facility.

  • Borrower as defined in the preamble hereto.

  • Mortgage Loan Borrower shall have the meaning assigned to such term in the recitals.

  • Mezzanine Loan Agreement means that certain Mezzanine Loan Agreement, dated as of the date hereof, between Mezzanine Borrower and Mezzanine Lender, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.

  • Initial Borrower has the meaning set forth in the preamble hereto.

  • Mezzanine Lender shall have the meaning set forth in the first paragraph of this Agreement.

  • Mezzanine Note The original executed promissory note or other tangible evidence of Mezzanine Loan indebtedness.

  • First Lien Loan A Mortgage Loan secured by a first lien Mortgage on the related Mortgaged Property.

  • Original Borrower means, as the context requires, any of them;

  • Mortgage Loan Borrower Related Party shall have the meaning assigned to such term in Section 13.

  • New Borrower means (a) each New Company that is a Company Borrower, and (b) each other Company (including a New Company) acting on behalf of, and for the account of, each Series thereof that is a New Fund.

  • Subordinate Lender means the person or entity named as such in the first paragraph of this Agreement and any other person or entity who becomes the legal holder of the Subordinate Note after the date of this Agreement.

  • Subordinated Lender means each Seller, in its capacity as subordinated lender pursuant to the relevant Subordinated Loan Agreement.

  • Borrower Principal means any of the following:

  • Mezzanine Investments means debt Securities (including convertible debt Securities (other than the “in-the-money” equity component thereof)) and Preferred Stock in each case (a) issued by public or private issuers, (b) issued without registration under the Securities Act, (c) not issued pursuant to Rule 144A under the Securities Act (or any successor provision thereunder), (d) that are not Cash Equivalents and (e) contractually subordinated in right of payment to other debt of the same issuer.

  • Second Lien Loan A Mortgage Loan secured by a second lien Mortgage on the related Mortgaged Property.

  • Subordinate Loan Documents means the Subordinate Note, the Subordinate Mortgage, and all other documents at any time evidencing, securing, guaranteeing, or otherwise delivered in connection with the Subordinate Indebtedness.