Mezzanine Account definition

Mezzanine Account shall have the meaning set forth in Section 3.1.1.

Mezzanine Account means the First Mezzanine Account, Second Mezzanine Account, Third Mezzanine Account, and/or Fourth Mezzanine Account, or all such accounts collectively, as the context may require.

Mezzanine Account means, as applicable, (a) with respect to the Original Mezzanine Loan, the Original Mezzanine Account and (b) with respect to the Approved Mezzanine Loan, from and after the Approved Mezzanine Closing Date, the Approved Mezzanine Account.

Examples of Mezzanine Account in a sentence

• Any cost and expenses due and payable to Mezzanine Lender may be paid from any amounts in the Mezzanine Account.

• Without limiting the Mezzanine Borrower’s obligations under the immediately preceding sentence, Mezzanine Borrower shall only establish and maintain the Mezzanine Account with a financial institution that has executed an agreement substantially in the form of the Mezzanine Account Agreement or in such other form acceptable to Mezzanine Lender in its sole discretion.

• The Mezzanine Account and the funds deposited therein shall serve as additional security for the Loan.

• Mezzanine Lender shall have received the original of the Mezzanine Account Agreement executed by each of Cash Management Bank and Mezzanine Borrower.

• Mezzanine Borrower agrees that, prior to the payment in full of the Indebtedness, the terms and conditions of the Mezzanine Account Agreement shall not be amended or modified in all material respect without the prior written consent of Mezzanine Lender (which consent Mezzanine Lender may grant or withhold in its sole discretion).

More Definitions of Mezzanine Account

Mezzanine Account means account number 724043.1 at LaSalle Bank National Association.

Mezzanine Account means a "deposit account" (as such term is defined in Section 9-102(a)(29) of the UCC), if and when established with the Cash Management Bank for the benefit of any Mezzanine Lender for the collection of Excess Cash Flow.

Mezzanine Account means the “Deposit Account” as defined in the Mezzanine Loan Agreement.

Mezzanine Account. An Eligible Account, established and maintained at Agent, in the name of The First National Bank of Boston, as Agent, as Secured Party, for the benefit of the holders of the Notes. The

Mezzanine Account means an account of Lender designated by Lender into which all payments made to Lender pursuant to Section 3.12 of the Senior Loan Agreement shall be deposited.

Mezzanine Account means the First Mezzanine Account, the Second Mezzanine Account, the Third Mezzanine Account, the Fourth Mezzanine Account or, if the Fifth Mezzanine Loan is funded prior to the Outside Date, the Fifth Mezzanine Account, as the context may require.

Mezzanine Account shall have the meaning set forth in the Mezzanine Cash Management Agreement.