Lodging Loans definition

Lodging Loans. With respect to an Investment Opportunity (1) Loans fully or partially secured by Lodging Facilities or equity interests in entities that own, directly or indirectly, Lodging Facilities; (2) unsecured Loans to entities that derive at least 30% of their EBITDA from interests in Lodging Facilities, or (3) participations in any of the Loans described in clauses (1) or (2) of this definition.
Lodging Loans means (1) Loans fully or partially secured by Lodging Facilities or equity interests in entities that own, directly or indirectly, Lodging Facilities; (2) unsecured Loans to entities that derive at least 30% of their EBITDA from interests in Lodging Facilities, or (3) participations in any of the Loans described in clauses (1) or (2) of this definition.

Examples of Lodging Loans in a sentence

  • Xxxxxxxxx Title: Managing Director and Chief Operating Officer SCHEDULE 14.1 Pre-Existing Holdings The Lodging Facilities and Lodging Loans described in the Registration Statement on Form S-11 (File No. 333-149899) as being owned by the Advisor and its Affiliates.

  • Xxxxxxxxx SCHEDULE 4.1 PRE-EXISTING HOLDINGS The Lodging Facilities and Lodging Loans described in the Registration Statement on Form S-11 (File No. 333-149899) as being owned by the Advisor and its Affiliates.

  • XXXXX WATERMARK INVESTORS INCORPORATED By: Name: Title: CWI OP, LP By: Name: Title: XXXXX LODGING ADVISORS, LLC By: Name: Title: SCHEDULE 14.1 Pre-Existing Holdings The Lodging Facilities and Lodging Loans described in the Registration Statement on Form S-11 (File No. 333-149899) as being owned by the Advisor and its Affiliates.

Related to Lodging Loans

  • Revolving Loans shall have the meaning assigned to such term in Section 2.1(a).

  • Other Revolving Loans means the Revolving Loans made pursuant to any Other Revolving Commitment.

  • Canadian Revolving Loans means Revolving Loans made to the Canadian Borrower under Section 2.2, including Bankers’ Acceptance Advances.

  • Refinancing Revolving Loans means one or more Classes of Revolving Loans that result from a Refinancing Amendment.

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

  • Existing Revolving Loans has the meaning specified in Section 2.7(a).

  • Existing Loans shall have the meaning assigned to such term in Section 2.21(a).

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • U.S. Revolving Loans has the meaning set forth in Section 2.1(a).

  • Domestic Loans means CD Loans or Base Rate Loans or both.

  • New Revolving Loans as defined in Section 2.25.

  • Pending Revolving Loans means, at any time, the aggregate principal amount of all Revolving Loans requested in any Notice of Borrowing received by the Agent which have not yet been advanced.

  • Lender PMI Loans Mortgage Loans with respect to which the lender rather than the borrower acquired the primary mortgage guaranty insurance and charged the related borrower an interest premium.

  • Revolving Loan Obligations means any Obligations with respect to the Revolving Loans (including without limitation, the principal thereof, the interest thereon, and the fees and expenses specifically related thereto).

  • Canadian Loans means, individually and collectively as the context may require, the Canadian Revolving Loans, the Canadian Swingline Loans, the Canadian Overadvances and the Canadian Protective Advances.

  • Extended Revolving Loans has the meaning assigned to such term in Section 2.23(a).

  • Incremental Revolving Loans has the meaning assigned to such term in Section 2.22(a).

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Revolving Advances means Advances made other than Letters of Credit.

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • Borrowings means, at any time, the aggregate outstanding principal, capital or nominal amount (and any fixed or minimum premium payable on prepayment or redemption) of any indebtedness of members of the Group for or in respect of:

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Replacement Revolving Loans shall have the meaning assigned to such term in Section 2.21(l).

  • Bridging Loan means a credit facility granted for the purchase of Residential Property by the Borrower, pending the receipt of proceeds from the sale of another Residential Property owned or co-owned by the Borrower, under which any balance outstanding shall be repaid within six months;

  • Canadian Revolving Loan means Loans made by a Lender in respect of its Canadian Revolving Commitment to the U.S. Borrower pursuant to Section 2.02(c) and/or Section 2.24.

  • Eurodollar Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Adjusted LIBOR Rate in accordance with the provisions of Article II.