Existing Mezzanine Loan definition

Existing Mezzanine Loan means that certain mezzanine loan in the principal amount of $165,000,000.00 made on February 25, 2013 by German American Capital Corporation and Bank of America, N.A., as co-lenders, to WWP Mezz, and evidenced and secured by the Existing Mezzanine Loan Documents.
Sample 1
Existing Mezzanine Loan means that certain loan in the original principal amount of $2,480,000.00 made by Lender to IREIT DG SPE II Member, L.L.C., a Delaware limited liability company.
Sample 1
Existing Mezzanine Loan means that certain loan in the original principal amount of $1,300,000.00 made by Existing Mezzanine Lender to Existing Mezzanine Borrower.
Sample 1

Examples of Existing Mezzanine Loan in a sentence

  • Senior Tier Mezzanine Borrower, BRE/PARK PLACE JUNIOR MEZZANINE L.L.C. ("Junior Tier Mezzanine Borrower" and, together with Senior Tier Mezzanine Borrower, the "Borrowers"), a Delaware limited liability company, Senior Tier Mezzanine Lender, German American Capital Corporation ("Junior Tier Mezzanine Lender" and, together with Senior Tier Mezzanine Lender, "Lenders"), and Guarantor have agreed to modify the Existing Mezzanine Loan upon certain terms and conditions hereinafter set forth.

  • Capitalized terms not otherwise defined herein shall have the same meanings as are ascribed to such terms in the Existing Mezzanine Loan Agreement or any of the other Existing Loan Documents.

  • The Projects are encumbered by mortgages securing the Existing Mortgage Loan and the interest in Sellers are encumbered by the Existing Mezzanine Loan.

  • See “ Capitalization.” The Existing Mezzanine Loan, including accrued interest thereon, will be repaid in full on the Issue Date with the proceeds of the Offering.

  • Communications change must not be accomplished on the second aircraft until this separation is established.

  • Borrower and Lender have agreed to modify and amend the Existing Mortgage Loan Agreement and the other Existing Loan Documents in order to accurately reflect the restructuring of the Existing Mezzanine Loan upon certain terms and conditions hereinafter set forth.

  • The proceeds of the Advance shall only be used by the Borrower to repay the Existing Mezzanine Loan.

  • Achievingsuchadeeptransformationoftheenergy,industrial,andagriculturalsystemsoverthenextfewdecadeswillrepresentoneofthegreatesttechnical,organizational,andfinancingchallengesthathumanityhasfaced.” (“An Action Agenda for Sustainable Development: Report for the UN Secretary-General”; October 23, 2013) (p.

  • The Chair must remain neutral and cannot therefore continue to be a national representative in the committee s/he is chairing.

  • Section 8.l(ff)-2 of the Disclosure Letter is a true and correct list of all Existing Mezzanine Loan Documents.


More Definitions of Existing Mezzanine Loan

Existing Mezzanine Loan means the loan made by Lender to MPR Mezzanine Holdings S.E. in the original principal amount of $25,000,000.00.
Sample 1
Existing Mezzanine Loan means that mezzanine construction loan made by the Prior Lenders to the Borrower in the original principal amount of $65,000,000, which mezzanine construction loan has been satisfied on this date with the proceeds from the Loan.
Sample 1
Existing Mezzanine Loan means the existing promissory note, pledge and security agreements and loan agreement, each dated as of October 9, 2006, as amended, from Hersha Hospitality Limited Partnership in the original principal amount of Two Million Dollars ($2,000,000.00) secured by interests in 44 West Haven Hospitality, LLC.
Sample 1
Existing Mezzanine Loan has the meaning assigned in the Recitals.
Sample 1

Related to Existing Mezzanine Loan

  • Mezzanine Loan means a mezzanine loan secured by equity interests in the Mortgage Loan Borrower.

  • Mezzanine Loans means, collectively, the First Mezzanine Loan, the Second Mezzanine Loan, the Third Mezzanine Loan, the Fourth Mezzanine Loan, the Fifth Mezzanine Loan, the Sixth Mezzanine Loan, the Seventh Mezzanine Loan, the Eighth Mezzanine Loan, the Ninth Mezzanine Loan and any New Mezzanine Loan.

  • Mezzanine Loan Agreement means that certain Mezzanine Loan Agreement, dated as of the date hereof, between Mezzanine Borrower and Mezzanine Lender, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.

  • Accelerated Mezzanine Loan A mezzanine loan (secured by a pledge of the direct (or indirect) equity interests in a Mortgagor under a Mortgage Loan or Loan Combination) if such mezzanine loan either (i) has been accelerated, or (ii) is the subject of foreclosure proceedings against the equity collateral pledged to secure that mezzanine loan.

  • Accelerated Mezzanine Loan Lender shall have the meaning assigned to such term or an analogous term in the Lead Securitization Servicing Agreement.

  • Mezzanine Loan Documents means the “Loan Documents” as defined in the Mezzanine Loan Agreement.

  • Mezzanine Lender shall have the meaning set forth in the first paragraph of this Agreement.

  • Existing Loan means the loan identified on Exhibit H.

  • Refinancing Mortgage Loan Any Mortgage Loan originated in connection with the refinancing of an existing mortgage loan.

  • Refinancing Loan shall have the meaning provided in Section 2.14(h)(i).

  • Mezzanine Borrower shall have the meaning set forth in Section 11.6 hereof.

  • Existing Mortgage has the meaning specified in Section 5.02(a)(vi).

  • Senior Loan has the meaning provided in the Recitals hereto.

  • Refinancing Facility Agreement means a Refinancing Facility Agreement, in form and substance reasonably satisfactory to the Agent, among Holdings, the Borrower, each Subsidiary of the Borrower party to this Agreement, the Agent and one or more Refinancing Lenders, establishing Refinancing Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.26.

  • Additional Refinancing Lender has the meaning set forth in Section 2.15(a).

  • Existing Loan Agreement has the meaning set forth in the recitals to this Agreement.

  • Refinancing Conditions the following conditions for Refinancing Debt: (a) it is in an aggregate principal amount that does not exceed the principal amount of the Debt being extended, renewed or refinanced; (b) it has a final maturity no sooner than, a weighted average life no less than, and an interest rate no greater than, the Debt being extended, renewed or refinanced; (c) it is subordinated to the Obligations at least to the same extent as the Debt being extended, renewed or refinanced; (d) the representations, covenants and defaults applicable to it are no less favorable to Borrowers than those applicable to the Debt being extended, renewed or refinanced; (e) no additional Lien is granted to secure it; (f) no additional Person is obligated on such Debt; and (g) upon giving effect to it, no Default or Event of Default exists.

  • Credit Agreement Refinancing Indebtedness means (a) Permitted First Priority Refinancing Debt, (b) Permitted Junior Lien Refinancing Debt, (c) Permitted Unsecured Refinancing Debt or (d) Indebtedness incurred or Other Revolving Commitments obtained pursuant to a Refinancing Amendment, in each case, issued, incurred or otherwise obtained (including by means of the extension or renewal of existing Indebtedness) in exchange for, or to extend, renew, replace or refinance, in whole or part, existing Term Loans, outstanding Revolving Loans or (in the case of Other Revolving Commitments obtained pursuant to a Refinancing Amendment) Revolving Commitments, outstanding loans under any Incremental Revolving Facility or undrawn commitments under any Incremental Revolving Facility (“Refinanced Debt”); provided that (i) such extending, renewing, replacing or refinancing Indebtedness (including, if such Indebtedness includes any Other Revolving Commitments, the unused portion of such Other Revolving Commitments) is in an original aggregate principal amount not greater than the sum of the aggregate principal amount of the Refinanced Debt (and, in the case of Refinanced Debt consisting, in whole or in part, of unused commitments under any Incremental Revolving Facility or Other Revolving Commitments, the amount thereof) plus all accrued and unpaid interest and fees thereon and expenses incurred in connection with such extension, renewal, replacement or refinancing, (ii) such Indebtedness has a maturity that is equal to or later than and, except in the case of Other Revolving Commitments, a Weighted Average Life to Maturity equal to or greater than the Refinanced Debt, and (iii) such Refinanced Debt shall be repaid, defeased or satisfied and discharged, and all accrued interest, fees and premiums (if any) in connection therewith shall be paid, on the date such Credit Agreement Refinancing Indebtedness is issued, incurred or obtained; provided that to the extent that such Refinanced Debt consists, in whole or in part, of commitments under any Incremental Revolving Facility or Other Revolving Commitments (or loans incurred pursuant to any Incremental Revolving Facility or Other Revolving Loans), such commitments shall be terminated, and all accrued fees in connection therewith shall be paid, on the date such Credit Agreement Refinancing Indebtedness is issued, incurred or obtained.

  • Refinancing Term Loan has the meaning specified in Section 2.15(b).

  • Refinancing Term Loan Commitments shall have the meaning provided in Section 2.14(h).

  • Refinancing Loans means any Refinancing Term Loans or Refinancing Revolving Loans.

  • Refinancing Date The date on which a Current Mortgage Loan or Mortgage Loan is refinanced by Seller or an affiliate thereof.

  • Refinancing Lender has the meaning set forth in Section 2.15(c).

  • Mezzanine Investments means debt Securities (including convertible debt Securities (other than the “in-the-money” equity component thereof)) and Preferred Stock in each case (a) issued by public or private issuers, (b) issued without registration under the Securities Act, (c) not issued pursuant to Rule 144A under the Securities Act (or any successor provision thereunder), (d) that are not Cash Equivalents and (e) contractually subordinated in right of payment to other debt of the same issuer.

  • Refinancing Commitments shall have the meaning provided in Section 2.14(h).

  • Term Loan Facilities means the Term Loan A Facility and the Term Loan B Facility.