Mezzanine Obligations definition

Mezzanine Obligations means unsecured obligations that are contractually subordinated in right of payment to other debt of the same issuer.

Mezzanine Obligations has the meaning of “Obligations” in the Mezzanine Loan Agreement.

Mezzanine Obligations has the meaning specified in Section 6.16(b).

Examples of Mezzanine Obligations in a sentence

• This Agreement and each other Mezzanine Loan Document shall continue to be effective or be reinstated, as the case may be, if at any time payment and performance of the Mezzanine Obligations or any part thereof is, pursuant to applicable law, rescinded or reduced in amount, or must otherwise be restored or returned to the Borrower, whether as a "voidable preference," "fraudulent conveyance," or otherwise, all as though such payment or performance had not been made.

• Since the Closing Date, no event, change or condition has occurred that (individually or in the aggregate) has had, or could reasonably be expected to have, a Material Adverse Effect.

• Upon payment and performance in full of the Mezzanine Obligations, this Agreement shall terminate and Borrower shall be entitled to the return, upon its request and at its expense, of such of the Collateral as shall not have been sold or otherwise applied pursuant to the terms hereof, and Agent and/or Lender shall execute such instruments and documents as may be reasonably requested by Borrower to evidence such termination and the release of the lien hereof.

• Each of the Senior Agent and the Mezzanine Agent, on behalf of the respective holders of the Mezzanine Obligations and the Senior Obligations, agrees that all Liens in favor of said holders now or hereafter existing with respect to the Collateral shall be subject, subordinate and junior in all respects to the Liens in favor of the CDS Holders (as defined in the CDS Security Agreement) now or hereafter existing with respect to the "Collateral" as defined in the CDS Security Agreement.

• This Agreement shall create a continuing security interest in the Collateral and shall remain in full force and effect until payment in full of the Mezzanine Obligations.

More Definitions of Mezzanine Obligations

Mezzanine Obligations means subordinate loans or Debt Securities (including convertible Debt Securities) that are senior to all equity classes. For clarity, Mezzanine Obligations shall not include any preferred stock or any equity security that is mandatorily redeemable as defined by GAAP.

Mezzanine Obligations means unsecured obligations that are contractually subordinated in right of payment to other debt of the sameissuer.

Mezzanine Obligations means unsecured obligations that are contractually subordinated in right of payment to other debt of the same issuer. “Minimum Coupon” means 6.50%.

Mezzanine Obligations has the meaning ascribed thereto in the Subordination and Security Agreement.

Mezzanine Obligations means, collectively, the principal of and interest on the Mezzanine Loans and all other amounts from time to time owing to the Mezzanine Lenders or the Mezzanine Agent by the Borrower under the Mezzanine Loan Agreement and this Agreement, including any such amounts arising after the commencement of any Insolvency Proceeding with respect to the Borrower (and including the payment of interest, fees and expenses which would accrue and become due but for the commencement of such Insolvency Proceeding whether or not such interest, fees or expenses are allowed or allowable in whole or in part as a claim in any such Insolvency Proceeding).

Mezzanine Obligations all obligations of the Borrower now or hereafter existing with respect to the Mezzanine Loan, whether for principal, interest, fees, expenses or otherwise, and all obligations of the Borrower now or hereafter existing under this Agreement, the Mezzanine Note and all other Mezzanine Loan Documents.

Mezzanine Obligations as defined in Section 5.2(a)