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What is mezzanine structure?

Mezzanine Pricing & Payment Structure Mezzanine is most commonly subordinated debt, or subordinate to senior debt, with maturity occurring a year after the senior debt. It is typically structured to include a mixture of contractual interest – cash and payment-in-kind (PIK) and nominal equity (warrants).

What does Mezzanine Fund mean?

Mezzanine financing is a hybrid of debt and equity financing that gives the lender the right to convert to an equity interest in the company in case of default, generally, after venture capital companies and other senior lenders are paid.

Which is the best seat in Theatre?

For a standard movie theater with exit rows on the sides (as opposed to down the middle, as some older theaters have), the best spot is as close to dead center as you can get. “I’ve always felt the obvious best spot to sit in a movie theater is in the center of the room, center with the screen.

What is a box seat in a Theatre?

In a theatre, a box, loge, or opera box is a small, separated seating area in the auditorium or audience for a limited number of people for private viewing of a performance or event.

What is balcony seat in Theatre?

Balconies or galleries: one or more raised seating platforms towards the rear of the auditorium. In larger theaters, multiple levels are stacked vertically above or behind the stalls. The first level is usually called the dress circle or grand circle. The next level may be the loge, from the French version of loggia.

What is the most common type of stage?

The most common form found in the West is the proscenium stage. In this type, the audience is located on one side of the stage with the remaining sides hidden and used by the performers and technicians.

What is the balcony in a Theatre called?

Balconies. In some theaters the balconies have special names like Loge, or Founders’ Circle, or Dress Circle. Sometimes the front part of a balcony has one name and the back part of the same balcony has another name.