Significant Obligor definition

Significant Obligor shall have the meaning set forth in Item 1101(k) of Regulation AB under the Securities Act.
Significant Obligor. Any “significant obligor” (within the meaning of Item 1101(k) of Regulation AB) (i) with respect to the Trust, or (ii) with respect to a Serviced Companion Loan and an Other Securitization Trust, as to which the applicable Other Depositor has notified the Master Servicer in writing is a “significant obligor” (within the meaning of Item 1101(k) of Regulation AB) as to such Other Securitization Trust. There is no Significant Obligor with respect to the Trust.
Significant Obligor. As defined in Section 11.16.

Examples of Significant Obligor in a sentence

  • Note: disclosure not required as to definitive agreements that are fully disclosed in the prospectus ▪ Sponsor (Seller) ▪ Depositor ▪ Master Servicer ▪ Affiliated Servicer ▪ Other Servicer servicing 20% or more of the pool assets at the time of the report ▪ Other material servicers ▪ Trustee ▪ Trust Administrator ▪ Significant Obligor ▪ Credit Enhancer (10% or more) ▪ Derivative Counterparty ▪ Custodian Reg AB disclosure about any new servicer or master servicer is also required.

  • The Mortgaged Property related to the Bank of America Plaza Mortgage Loan is a Significant Obligor.

  • Each of the Mortgaged Property related to the Garden State Plaza Mortgage Loan, the Mortgaged Property related to The Outlet Collection | Jersey Gardens Mortgage Loan and the Mortgaged Property related to the AmericasMart Mortgage Loan is a Significant Obligor.

  • Item 1112(b) of Regulation AB, Significant Obligor Financial Information.

  • The Mortgaged Property related to the Woodbridge Center Mortgage Loan is a Significant Obligor.


More Definitions of Significant Obligor

Significant Obligor shall have the meaning set forth in Item 1101(k) of Regulation AB.
Significant Obligor shall have the meaning set forth in Section 5.1.11(f) hereof.
Significant Obligor. (a) Any obligor (as defined in Item 1101(i) of Regulation AB) or group of affiliated obligors on any Mortgage Loan or group of Mortgage Loans that represent, as of the Closing Date, 10% or more of the principal balance of the Mortgage Pool as of the Cut-off Date; or (b) any single Mortgaged Property or group of Mortgaged Properties securing any Mortgage Loan or Cross-Collateralized Group and/or Cross-Collateralized Mortgage Loans that represent, as of the Closing Date, 10% or more of the pool balance of the Mortgage Pool as of the Cut-off Date. For the avoidance of doubt, no Mortgaged Property or obligor (as defined in Item 1101(i) of Regulation AB) is a Significant Obligor in respect of the Trust as of the Closing Date.
Significant Obligor. A "significant obligor" within the meaning of Item 1101(k) of Regulation AB.
Significant Obligor. (a) Any obligor (as defined in Item 1101(i) of Regulation AB) or group of affiliated obligors on any Trust Mortgage Loan or group of Trust Mortgage Loans that represent, as of the Closing Date, 10% or more of the Mortgage Pool (by Cut-off Date Balance); or (b) any single Mortgaged Property or group of Mortgaged Properties securing any Trust Mortgage Loan or group of cross-collateralized and/or cross-defaulted Trust Mortgage Loans that represent, as of the Closing Date, 10% or more of the Mortgage Pool (by Cut-off Date Balance).
Significant Obligor. (a) Any obligor (as defined in Item 1101(i) of Regulation AB) or group of affiliated obligors on any Mortgage Loan or group of Mortgage Loans that represent, as of the Closing Date, 10% or more of the principal balance of the Mortgage Pool as of the Cut-off Date; or (b) any single Mortgaged Property or group of Mortgaged Properties securing any Mortgage Loan or Cross-Collateralized Group and/or Cross-Collateralized Mortgage Loans that represent, as of the Closing Date, 10% or more of the pool balance of the Mortgage Pool as of the Cut-off Date. The Mortgaged Property related to the Bank of America Plaza Mortgage Loan is a Significant Obligor.
Significant Obligor. Any “significant obligor” (within the meaning of Item 1101(k) of Regulation AB) with respect to the Trust. For the avoidance of doubt, there are no Significant Obligors relating to the Trust.