Subordinate Loan Documents definition

Subordinate Loan Documents means the Subordinate Note, the Subordinate Mortgage, and all other documents at any time evidencing, securing, guaranteeing, or otherwise delivered in connection with the Subordinate Indebtedness.
Subordinate Loan Documents has the meaning assigned to such term in the Loan Agreement.
Subordinate Loan Documents means, individually and collectively, all instruments, agreements and other documents evidencing, securing or otherwise relating to the Subordinate Debt or executed and delivered by Borrower and/or Subordinate Lender in connection with the Subordinate Debt.

Examples of Subordinate Loan Documents in a sentence

  • Prior to the Conversion Date, except for the Asset Management Fee, as defined in and payable pursuant to the Partnership Agreement, or as otherwise permitted by the Borrower Loan Documents or the Funding Loan Documents or the Subordinate Loan Documents, Borrower shall not make or permit any distributions or other payments of Net Operating Income to its partners, shareholders or members, as applicable, in each case, without the prior Written Consent of Funding Lender.

  • The Subordinate Loan Documents are in full force and effect and the Borrower has paid all commitment fees and other amounts due and payable to the Subordinate Lender(s) thereunder.

  • There exists no material violation of or material default by the Borrower under, and no event has occurred which, upon the giving of notice or the passage of time, or both, would constitute a material default under the Subordinate Loan Documents.

  • Funding Lender shall have the right to cure any default under any of the Related Documents and the Subordinate Loan Documents, but shall have no obligation to do so.

  • Without Funding Xxxxxx’s prior written consent, Xxxxxxxx will not surrender, terminate, cancel, modify, change, supplement, alter, amend, waive, release, assign, transfer, pledge or hypothecate any of its rights or remedies under the Subordinate Loan Documents.


More Definitions of Subordinate Loan Documents

Subordinate Loan Documents means, collectively, the Issuer Loan Documents, the Seller Loan Documents and any loan or grant documents to which the Borrower is a party or to which the Project or any portion thereof or any rent or revenues therefrom is subject, each as approved by and in form and substance satisfactory to Significant Bondholder and its counsel.
Subordinate Loan Documents means the Subordinate Note, the Subordinate Mortgage, and all other documents at any time evidencing, securing, guaranteeing, or otherwise delivered in connection with the Subordinate Indebtedness, as identified in Schedule B. The terms Subordinate Note and Subordinate Mortgage are defined in Schedule B. {Describe and insert definitions for these terms into Schedule B by reference to the specific executed Subordinate Loan Documents. Include all documents related to the Subordinate Loan.}
Subordinate Loan Documents means the Subordinate Loan Commitment, the Subordinate Note and the Second Mortgage, together with all documents and instruments set forth on Exhibit C hereto, as any of the foregoing may be modified, amended, extended, supplemented, restated or replaced from time to time, subject to the limitations and agreements contained in this Agreement.
Subordinate Loan Documents means, collectively, all instruments, agreements and other documents evidencing, securing or otherwise relating to the Subordinate Debt or executed and delivered by Borrower in connection with the Subordinate Debt.
Subordinate Loan Documents means, collectively, all instruments, agreements and other documents evidencing or otherwise relating to the Subordinate Debt or executed and delivered by Xxxxxxxx and/or Subordinate Lender in connection with the Subordinate Debt.
Subordinate Loan Documents means Subordinate Loan Agreement and all other instruments, agreements and documents which create, evidence or secure the Subordinate Obligations from time to time.
Subordinate Loan Documents means the Subordinate Mortgage, the Subordinate Note, the Subordinate Loan Agreement, and all other documents at any time evidencing, securing, guaranteeing, or otherwise delivered in connection with the Subordinate Indebtedness, as such documents may be amended.