Examples of Mezzanine Finance Parties in a sentence
As a general principle, the rights of the Finance Parties to be paid the Secured Liabilities rank in priority to the rights of the Mezzanine Finance Parties to be paid the liabilities owed by the Mezzanine Obligors to the Mezzanine Creditors under or in connection with the Mezzanine Finance Documents (the Mezzanine Facility Liabilities).
Prepayment proceeds due and payable to the Senior Finance Parties and the Mezzanine Finance Parties are to be paid into the Prepayment Account after receipt into the Segregated Parent RP Account.
On the last Business Day of each Month and two Business Days before each Loan Payment Date, the Senior Facility Agent is required to transfer from the Borrower’s Rental Income Account to the Debt Service Account the debt service amounts required to be paid to the Senior Finance Parties and the Mezzanine Finance Parties.
ResourceCurrent FTECurrent Annual CostFTE w/ Program ImprovementAnnual Cost w/ Program ImprovementStaffing0$ 00.5$ 25,000Operating $ 0 $ 50,000Contractor $ 0 $ 30,000*TOTAL0$ 00.5$ 105,000* Includes cost for laboratory analysis of macroinvertebrate and periphyton samples.
For the avoidance of doubt, nothing in this clause 6.9 will prevent the Mezzanine Finance Parties from implementing the provisions of clause 6.7 (Permitted Enforcement Action in Relation to Mezzanine Debt) in respect of subsequent breaches of clause 18.14 (Financial Covenants) occurring after such full compliance has been re-established.
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Any party to the Intercreditor Deed (other than any of the Mezzanine Finance Parties) fails to comply with its obligations under the Intercreditor Deed or the Intercreditor Deed ceases to be binding upon any such party for whatever reason.
Common Security Agent Mount Street Mortgage Servicing Limited 100 Wood Street London EC2V7AN, United Kingdom Pursuant to the Intercreditor Agreement, the Common Security Agent acts as common security agent and trustee for the Senior Finance Parties and the Mezzanine Finance Parties in respect of the security granted by the Senior Borrower and other security providers in favour of the Common Security Agent.
A treadmill is mounted vertically on a wall and the subject is suspended in a supine position by elastic suspension cords (Newman et al.
No Senior Finance Parties shall be responsible to the Mezzanine Finance Parties, the Bridging Lender or the Investors, and no Mezzanine Finance Party shall be responsible to the Bridging Lender, the Investors or the Senior Finance Parties and the Bridging Lender shall not be responsible to the Senior Finance Parties, the Mezzanine Finance Parties or the Investors (as the case may be), for any instructions given or not given to the Security Agent, provided in each case they act in good faith.