Mezzanine Loans definition

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 Loans means, individually or collectively, as the context may require, the First Mezzanine Loan and the Second Mezzanine Loan, and each of the First Mezzanine Loan and/or the Second Mezzanine Loan, individually, a “Mezzanine Loan”.

Mezzanine Loans as defined in the Mortgage Loan Agreement.

Examples of Mezzanine Loans in a sentence

• Mortgage Borrower and Operating Company shall have obtained all Operating Permits from Gaming Authorities that are required in order to permit the closing of the Mortgage Loan and the Mezzanine Loans (if required), or in connection with the Operating Lease or the Operating Lease Guaranty (if required), or to permit the conveyances of any of the Properties to Mortgage Borrower (effected immediately prior hereto) and the operation of the Properties as currently conducted.

• All of the conditions precedent set forth in Article III of the Mortgage Loan Agreement and Senior Mezzanine Loan Agreements shall have been satisfied and the Mortgage Loan and Senior Mezzanine Loans shall have closed and been fully advanced in accordance therewith.

• The principal amount of the Mortgage Loan plus the principal amount of the Mezzanine Loan(s) shall equal the outstanding principal balance of the Loan immediately prior to the creation of the Mortgage Loan and the Mezzanine Loan(s).

• Using the “First Payment Date” of the Mortgage Loan and Mezzanine Loans, as shown on the Final Data File, we recalculated the “Seasoning” of the Mortgage Loan and Mezzanine Loans as of the Reference Date.

• The Loan, the Mortgage Loan and the Mezzanine Loans are entirely separate, distinct and independent obligations, made to separate and distinct borrowers, on separate and distinct terms and secured by separate and distinct collateral.

More Definitions of Mezzanine Loans

Mezzanine Loans means, collectively, the Senior Mezzanine Loan and the Junior Mezzanine Loan.

Mezzanine Loans means mezzanine loans secured by ownership interests in entities owning commercial properties.

Mezzanine Loans shall have the meaning set forth in Section 11.30.

Mezzanine Loans means, collectively, the Loan, the Mezzanine A Loan and the Mezzanine C Loan, to the extent each of the same has not been repaid or satisfied, in full.

Mezzanine Loans means commercial mortgage loans that are secured by a pledge of equity interests in the property and are subordinate to a Senior Loan but senior to the property owner’s equity.

Mezzanine Loans means any New Mezzanine Loan.

Mezzanine Loans. Mezzanine debt (the “Mezzanine Loans”) incurred by the MezzCo Debtors. Equity Holders: 100% of the equity issued by Propco (“Propco Equity”) is held by FCP MezzCo Borrower I, LLC.