Mezzanine Note definition

Mezzanine Note. The original executed promissory note or other tangible evidence of Mezzanine Loan indebtedness.

Mezzanine Note means the original promissory note that was executed and delivered in connection with a particular Mezzanine Loan.

Mezzanine Note means a note or other evidence of indebtedness of the owner or owners of all equity or ownership interests in an underlying real property owner secured by a pledge of such ownership interests.

Examples of Mezzanine Note in a sentence

• Mezzanine Lender shall have no obligation to marshal any assets in favor of Mezzanine Borrower or any other party or against, or in payment of, any or all of the obligations of Mezzanine Borrower pursuant to this Pledge Agreement, the Mezzanine Loan Agreement, the Mezzanine Note or any other Mezzanine Loan Document.

• The purchase price for each such Senior Mezzanine Note shall be fifty cents ($0.50) for each one dollar ($1.00) of principal amount thereof.

• With respect to each Purchased Asset, the Mortgage Note, the Mortgage, the Assignment of Mortgage, any applicable Mezzanine Note and Mezzanine Loan Documents, and any other document required to be delivered under this Agreement and the Custodial Agreement for such Purchased Asset has been delivered to the Buyer or the Custodian on its behalf (or shall be delivered in accordance with the time periods set forth herein).

• On the Closing Date, the Xxxxxx’x Parties shall cause the Mezzanine Borrower that is the obligor under the Seventh Mezzanine Note, the Eighth Mezzanine Note or the Ninth Mezzanine Note, as applicable, held by German American on the date hereof, as set forth on Exhibit B to the Information Summary, to purchase such Mezzanine Note (each such purchase, a “Subsequent Upfront Purchase”).

• Accrued and unpaid interest on any purchased Senior Mezzanine Note shall be payable to the applicable Mezzanine Lender in the manner specified in the Purchase and Sale Agreement.

More Definitions of Mezzanine Note

Mezzanine Note means that certain Mezzanine Note A-1 (Third Mezzanine), dated the date hereof, made by Mezzanine Borrower, as maker, in favor of Mezzanine Lender, as payee, in the principal amount of $25,000,000 as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.

Mezzanine Note means the original executed promissory note or other tangible evidence of the Mezzanine Loan indebtedness.

Mezzanine Note means a note evidencing Mezzanine Loan indebtedness.

Mezzanine Note. Any Class M-1 Note, Class M-2 Note, Class M-3 Note, Class M-4 Note, Class M-5 Note, Class M-6 Note, Class M-7 Note, Class M-8 Note, Class M-9 Note or Class M-10 Note.

Mezzanine Note has the meaning provided in the Recitals hereto.

Mezzanine Note. Any Class M-l Note or Class M-2 Note.

Mezzanine Note means that certain Mezzanine Note, dated the date hereof, made by Mezzanine Borrower, as maker, in favor of Mezzanine Lender, as payee, in the principal amount of $90,000,000.