Examples of Mezzanine C Lender in a sentence
Borrower hereby acknowledges and agrees that (i) such Intercreditor Agreement is intended solely for the benefit of Lender, Mortgage Lender, Mezzanine B Lender and Mezzanine C Lender and (ii) Borrower, Mortgage Borrower, Mezzanine B Borrower and Mezzanine C Borrower are not intended third-party beneficiaries of any of the provisions therein and shall not be entitled to rely on the provisions contained therein.
Borrower hereby acknowledges and agrees that (i) such Intercreditor Agreement is intended solely for the benefit of Lender, Mortgage Lender, Mezzanine A Lender and Mezzanine C Lender and (ii) Borrower, Mortgage Borrower, Mezzanine A Borrower and Mezzanine C Borrower are not intended third-party beneficiaries of any of the provisions therein and shall not be entitled to rely on the provisions contained therein.
Lender, Mortgage Lender, Mezzanine A Lender and Mezzanine C Lender are or will be parties to a certain Intercreditor Agreement (the “Intercreditor Agreement”) memorializing their relative rights and obligations with respect to the Loan, the Mortgage Loan, the Mezzanine A Loan, the Mezzanine C Loan, Borrower, Mortgage Borrower, Mezzanine A Borrower, Mezzanine C Borrower, the Applicable Collateral and the Properties.
Lender, Mortgage Lender, Mezzanine B Lender and Mezzanine C Lender shall have no obligation to disclose to Borrower the contents of the Intercreditor Agreement.
Any Reserve Funds remaining on deposit pursuant to the terms of this Agreement after the Debt has been paid in full shall be paid (a) if the Mezzanine C Loan is outstanding, to Mezzanine C Lender to be held by Mezzanine C Lender pursuant to the Mezzanine C Loan Agreement for the same purposes as those described in Article 8 of the Mortgage Loan Agreement, and (c) if the Mezzanine C Loan is no longer outstanding, to Borrower.