Mezzanine Loan means a performing loan (or a participation therein) primarily secured by a pledge of full or partial equity ownership interests in one or more entities that own directly or indirectly multifamily or commercial properties that serve as collateral for Senior Mortgage Loans.
Mezzanine Loan has the meaning set forth in Section 9.7 hereof.
Examples of Mezzanine Loan in a sentence
The Mezzanine Loan is a secured by the Operating membership interest held by Mezzanine.
Preferred Equity, Mezzanine Loan and Ground Lease Investments Actual / Multifamily Community Name (1) The development is in the planning phase; project specifications are in process.
The Mezzanine Loan initially bears interest at 9.75% per annum and matures in January, 2024.
As additional security for the Mezzanine Loan, there is a limited guaranty executed by the Company in favor of Mezzanine Lender (the “Mezzanine Guaranty” and, together with the Mortgage Guaranty, the “Guaranties”).
More Definitions of Mezzanine Loan
Mezzanine Loan has the meaning set forth in Section 2.15(a).
Mezzanine Loan means, individually and collectively, as the context may require, the Senior Mezzanine Loan and the Junior Mezzanine Loan.
Mezzanine Loan means any Mezzanine Loan (as such term is defined in the Mortgage Loan Agreement) or any New Mezzanine Loan (as such term is defined in the Mortgage Loan Agreement).
Mezzanine Loan. As defined in the Mortgage Loan Agreement.
Mezzanine Loan or “Mezzanine Loans” shall mean, individually or collectively, as the context may require, the First Mezzanine Loan and the Third Mezzanine Loan, and each of the First Mezzanine Loan and/or the Third Mezzanine Loan, individually, a “Mezzanine Loan”.
Mezzanine Loan has the meaning provided in the Recitals hereto.
Mezzanine Loan means a Loan or any assignment of, or participation interest or other interest in, a Loan that is not a First Lien Loan, First Out Loan, First Lien Qualifying Covenant-Lite Loan, Second Lien Loan, Last Out Loan or Second Lien Qualifying Covenant-Lite Loan.