Mezzanine 2 Loan definition

Mezzanine 2 Loan has the meaning set forth in the Recitals.
Mezzanine 2 Loan means that certain loan in the outstanding principal amount of $137,794,870.00 held by Mezzanine 2 Lender and evidenced by the Mezzanine 2 Note, as such amount may be increased or decreased from time to time after the date hereof.

Examples of Mezzanine 2 Loan in a sentence

  • Pursuant to that certain Amended and Restated Mezzanine 2 Loan Agreement, dated as of March 10, 2011 (the “Closing Date”), by and between (i) Borrower and (ii) BRE/HH Acquisitions L.L.C. (“Prior Blackstone Lender”) and Barclays Capital Real Estate Finance Inc.

  • Borrower shall not permit the Sale or Pledge of all or a portion of the Mezzanine 2 Collateral and the related assumption of the applicable Mezzanine 2 Loan by any Person without the prior written consent of Lender, which consent may be given or withheld in Lender’s sole and absolute discretion.

  • This Agreement amends, restates and supersedes the Existing Mezzanine 2 Loan Agreement in its entirety.

  • For purposes of this Section 17.5, all references to this Agreement, the Pledge Agreement or any of the other Loan Documents shall be deemed to include the Existing Mezzanine 2 Loan Agreement, the Existing Pledge Agreement and each of the other Existing Loan Documents.

  • Effective as of the consummation of the transactions contemplated by this Agreement, one hundred percent (100%) of the membership interests in Borrower are owned by Mezzanine 2 Borrower, free and clear of all Liens (other than the Liens created by the Loan Documents and the Mezzanine 2 Loan Documents).

  • The quantity of research done on the potential of Demand Response has increased drastically over the last few years.

  • As of the date hereof, the outstanding principal balance of the Mezzanine 2 Loan is $137,794,870.00 (the Original Mezzanine 2 Loan, as the amount thereof may be increased or decreased from time to time after the date hereof, the “Mezzanine 2 Loan”).

  • Internal control over financial reporting Management of CFP I is responsible for establishing and maintaining effective internal control over financial reporting.

  • Last, all amounts remaining in the Mezzanine Deposit Account after deposits for items (i) through (iii) above shall be (A) in the event a Mezzanine 2 Loan Cash Sweep Trigger Event Period shall be continuing, transferred to Mezzanine 2 Lender (subject to Section 2.7.4) to be applied in accordance with the Mezzanine 2 Loan Documents, or (B) in the event no Mezzanine 2 Loan Cash Sweep Trigger Event Period shall be continuing, deposited into an account designated by Borrower.

  • The Mezzanine 2 Loan is not cross-defaulted with any loan other than the Senior Loan and the Mezzanine 1 Loan.

Related to Mezzanine 2 Loan

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

  • 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.

  • 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.

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

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

  • Senior Loan has the meaning provided in the Recitals hereto.

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

  • Accelerated Mezzanine Loan A mezzanine loan (secured by a pledge of the direct (or indirect) equity interests in a Mortgagor under a Mortgage Loan or Loan Combination) if such mezzanine loan either (i) has been accelerated, or (ii) is the subject of foreclosure proceedings against the equity collateral pledged to secure that mezzanine loan.

  • Mezzanine Floor means an intermediate floor between two floors, above ground level, accessible only from the lower floor;

  • Existing Loan means the loan identified on Exhibit H.

  • Refinancing Mortgage Loan Any Mortgage Loan originated in connection with the refinancing of an existing mortgage loan.

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

  • Accelerated Mezzanine Loan Lender shall have the meaning assigned to such term or an analogous term in the Lead Securitization Servicing Agreement.

  • Sub-loan means a loan made or proposed to be made out of the proceeds of the Loan to a Beneficiary for a Development Project;

  • Refinancing Loan shall have the meaning provided in Section 2.14(h)(i).

  • Junior Loan has the meaning provided in the Recitals hereto.

  • SOFR Loan means a Loan that bears interest at a rate based on Adjusted Term SOFR, other than pursuant to clause (c) of the definition of “Base Rate”.

  • Incremental Loan has the meaning set forth in Section 2.14(b).

  • First Lien Loan A Mortgage Loan secured by a first lien Mortgage on the related Mortgaged Property. Fitch: Fitch, Inc., or its successor in interest.

  • PPP Loan means the loan made to the Company by the PPP Lender pursuant to the PPP Loan Agreement, for the principal amount of $905,207.00, pursuant to the requirements of the Paycheck Protection Program under the CARES Act.

  • Mezzanine Loan Documents means all documents or instruments evidencing, securing or guaranteeing the Mezzanine Loan, including without limitation, the Mezzanine Loan Agreement.

  • Project Loan means the loan made by the Governmental Lender to the Borrower pursuant to the Project Loan Agreement in the original principal amount of $[AMOUNT], as evidenced by the Project Note.

  • Lender PMI Mortgage Loan Certain Mortgage Loans as to which the lender (rather than the borrower) acquires the Primary Insurance Policy and charges the related borrower an interest premium.

  • 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.

  • Term A-2 Loan means an advance made by any Term A-2 Lender under the Term A-2 Facility.

  • Funding Loan means the Funding Loan in the original maximum principal amount of $ made by Funding Lender to Governmental Lender under the Funding Loan Agreement, the proceeds of which are used by the Governmental Lender to make the Borrower Loan.