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

Examples of Mezzanine Note in a sentence

  • No prepayments of the Indebtedness shall be permitted except as set forth in Section 2.3.1 hereof and Section 4 of the Mezzanine Note.

  • In particular, and not by way of limitation, by accepting payment after the due date of any amount payable under this Agreement, the Mezzanine Note or any other Mezzanine Loan Document, Mezzanine Lender shall not be deemed to have waived any right either to require prompt payment when due of all other amounts due under this Agreement, the Mezzanine Note or the other Mezzanine Loan Documents, or to declare a default for failure to effect prompt payment of any such other amount.

  • This Agreement and the Mezzanine Note are subject to the express condition that at no time shall Mezzanine Borrower be obligated or required to pay interest on the principal balance of the Loan at a rate which could subject Mezzanine Lender to either civil or criminal liability as a result of being in excess of the Maximum Legal Rate.

  • Within five (5) Business Days after its receipt of such notice, Mezzanine Borrower, at Mezzanine Lender’s own expense, shall execute and deliver to Mezzanine Lender in exchange and substitution for the surrendered Mezzanine Note or Mezzanine Notes a new Mezzanine Note to the order of such assignee in an amount equal to the portion of the Loan assigned to it and a new Mezzanine Note to the order of Mezzanine Lender in an amount equal to the portion of the Loan retained by it hereunder.

  • This Agreement and the Mezzanine Note are subject to the express condition that at no time shall Mezzanine Borrower be obligated or required to pay interest on the Principal Amount of the Loan at a rate which could subject Mezzanine Lender to either civil or criminal liability as a result of being in excess of the Maximum Legal Rate.


More Definitions of Mezzanine Note

Mezzanine Note means a note or other evidence of indebtedness of the owner or owners of direct or indirect equity ownership interests in an underlying real property owner secured by a pledge of such ownership interests.
Mezzanine Note means that certain Mezzanine Note A-1 (First Mezzanine), dated the date hereof, made by Mezzanine Borrower, as maker, in favor of Mezzanine Lender, as payee, in the principal amount of $65,000,000, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.
Mezzanine Note means that certain Mezzanine Note, dated as of the date hereof in the principal amount of NINETY MILLION DOLLARS ($90,000,000), made by Mezzanine Borrower in favor of Mezzanine Lender, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.
Mezzanine Note has the meaning provided in the Recitals hereto.
Mezzanine Note means a note evidencing Mezzanine Loan indebtedness.
Mezzanine Note means, individually or collectively, as the context may require, the Current Mezzanine Note and any New Mezzanine Note.
Mezzanine Note means the Mezzanine Promissory Note dated as of [ ], 2002 made by Park Plaza 1 to the Issuer evidencing the Mezzanine Loan and secured by the Mezzanine Pledge Agreement.