Mezzanine Note definition

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

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

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

Examples of Mezzanine Note in a sentence

• To Seller’s knowledge, and to the extent required under applicable law, as of the Purchase Date and as of each date that such entity held the Mezzanine Note, each holder of the Mezzanine Note was authorized to transact and do business in the jurisdiction in which the underlying Mortgaged Property is located, or the failure to be so authorized does not materially and adversely affect the enforceability of such Purchased Asset by Buyer.

• At the time of the sale, transfer and assignment to Buyer, no Mezzanine Note was subject to any assignment (other than assignments to Seller), participation or pledge, and Seller had good title to, and was the sole owner of, each Purchased Asset free and clear of any and all liens, charges, pledges, encumbrances, participations, any other ownership interests on, in or to such Purchased Asset, but subject to any related intercreditor agreement provided to Buyer prior to the Purchase Date.

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 a note evidencing Mezzanine Loan indebtedness.

Mezzanine Note means that certain Mezzanine Note A-1 (Fourth Mezzanine), dated the date hereof, made by Mezzanine Borrower, as maker, in favor of Mezzanine Lender, as payee, in the principal amount of $8,000,000, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.

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 means that certain Amended and Restated Mezzanine Promissory Note, dated as of the date hereof, in the original principal amount of $30,270,789.73 made by Mezzanine Borrower to Mezzanine Lender, as the foregoing may be amended, supplemented or otherwise modified from time to time, subject to the limitations and agreements contained in this Agreement.

Mezzanine Note has the meaning provided in the Recitals hereto.

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