ARC MEZZ definition

ARC MEZZ shall have the meaning given to such term in the Preliminary Statement.

Examples of ARC MEZZ in a sentence

  • The sole business of Borrower is the ownership, management and operation of the Properties and the sole business of ARC MEZZ is its 100% membership interest in Borrower.

  • ARC Real Estate Holdings, LLC, a Delaware limited liability company ("ARC"), is the owner and holder of a 100% membership interest in ARC MEZZ.

  • ARC MEZZ shall at all times observe and perform in all material respects each and every term, covenant and provision contained in its organizational documents and in the Loan Documents relating to its Single-Purpose nature.

  • As of the date of this Agreement, the sole member of (i) Borrower is ARC MEZZ and (ii) ARC MEZZ is ARC.

  • Xxxxxx as of the date of this Agreement, the Independent Manager of ARC MEZZ.

  • Xxxxxxx as of the date of this Agreement, the Independent Manager of ARC MEZZ.

  • ARC MEZZ 1 LLC, a Delaware limited liability company ("ARC MEZZ"), is the owner and holder of a 100% membership interest in Borrower.

  • ARC MEZZ 8 LLC, a Delaware limited liability company ("ARC MEZZ"), is the owner and holder of a 100% membership interest in Borrower.

  • Xxxxxxxx as of the date of this Agreement, the Independent Manager of ARC MEZZ.

  • Xxxx as of the date of this Agreement, the Independent Manager of ARC MEZZ.

Related to ARC MEZZ

  • Holdco has the meaning set forth in the Preamble.

  • Mutual holding company means that term as defined in section 10(o) of the home owners' loan act, chapter 64, titles III and IX of Public Law 101-73, 12 U.S.C. 1467a, and OTS regulations governing mutual holding companies.

  • TPG has the meaning set forth in the preamble.

  • mixed financial holding company means a mixed financial holding company as defined in point (21) of Article 4(1) of Regulation (EU) No 575/2013;

  • Borrower Partnership Agreement means the Limited Partnership Agreement of the Borrower dated as of January 17, 2014 as such agreement may be amended, restated, modified or supplemented from time to time with the consent of the Administrative Agent or as permitted under Section 10.10.

  • BBBEE means broad-based black economic empowerment as defined in section 1 of the Broad-Based Black Economic Empowerment Act;

  • Performing Cash Pay Mezzanine Investments means Mezzanine Investments (a) as to which, at the time of determination, not less than 2/3rds of the interest (including accretions and “pay-in-kind” interest) for the current monthly, quarterly, semi-annual or annual period (as applicable) is payable in cash and (b) which are Performing.

  • Bank Holding Company means a company registered as such with the Board of Governors of the Federal Reserve System pursuant to 12 U.S.C. §1842 and the regulations of the Board of Governors of the Federal Reserve System thereunder.

  • Intermediate Holding Company means any Subsidiary of Holdings (of which Holdings, directly or indirectly, owns 100% of the issued and outstanding Equity Interests) that, directly or indirectly, owns 100% of the issued and outstanding Equity Interests of the Lead Borrower.

  • Holdings LLC Agreement means the Amended and Restated Limited Liability Company Agreement of Holdings dated as of the Closing Date.

  • GP means Gottbetter & Partners, LLP.

  • Equity Investors means the Sponsors and the Management Stockholders.

  • CFC Holding Company means any Domestic Subsidiary that owns no material assets (directly or indirectly) other than Equity Interests and debt of one or more CFCs or Domestic Subsidiaries that are themselves CFC Holding Companies.

  • B-BBEE means broad-based black economic empowerment as defined in section 1 of the Broad-Based Black Economic Empowerment Act;

  • Oaktree means Oaktree Capital Management, LLC and its Affiliates, including any partnerships, separate accounts or other entities managed by Oaktree.

  • Performing Non-Cash Pay Mezzanine Investments means Performing Mezzanine Investments other than Performing Cash Pay Mezzanine Investments.

  • CEC means the California Energy Commission or its successor agency.

  • New Holding Company means a corporation that is not a bank, association, or national banking association and as to which all of the following apply:

  • Founding Companies has the meaning set forth in the third recital of this Agreement.