Cooperative Loans. With respect to a Mortgage Loan that is a Cooperative Loan, the stock that is pledged as security for the Mortgage Loan is held by a person as a tenant-stockholder (as defined in Section 216 of the Code) in a cooperative housing corporation (as defined in Section 216 of the Code);
Appears in 7 contracts
Samples: Indemnification and Contribution Agreement (Morgan Stanley Mortgage Loan Trust 2006-2), Indemnification and Contribution Agreement (Morgan Stanley Mortgage Loan Trust 2006-15xs), Indemnification and Contribution Agreement (Morgan Stanley Mortgage Loan Trust 2007-1xs)
Cooperative Loans. With respect to a Mortgage Loan that is a Cooperative Loan, the stock Cooperative Shares that is are pledged as security for the Mortgage Loan is are held by a person Person as a tenant-stockholder (as defined in Section 216 of the Code) in a cooperative housing corporation (as defined in Section 216 of the Code);.
Appears in 2 contracts
Samples: Master Repurchase Agreement (Radian Group Inc), Master Repurchase Agreement (Radian Group Inc)
Cooperative Loans. With respect to a Mortgage Loan that is a Cooperative Loan, the stock Cooperative Shares that is are pledged as security for the Mortgage Loan is are held by a person as a tenant-stockholder (as defined in Section 216 of the Code) in a cooperative housing corporation (as defined in Section 216 of the Code);; and
Appears in 1 contract
Samples: Master Bulk Sale and Servicing Agreement (Banc of America Funding Corp)
Cooperative Loans. With respect to a Mortgage Loan that is a Cooperative Loan, the stock Cooperative Shares that is are pledged as security for the Mortgage Loan is are held by a person Person as a tenant-stockholder (as defined in Section 216 of the Code) in a cooperative housing corporation (as defined in Section 216 of the Code);
Appears in 1 contract
Samples: Mortgage Loan Purchase Agreement (Five Oaks Investment Corp.)
Cooperative Loans. With respect to a Mortgage Loan that is a Cooperative Loan, the stock Cooperative Shares that is are pledged as security for the Mortgage Loan is are held by a person as a tenant-stockholder (as defined in Section 216 of the Code) in a cooperative housing corporation (as defined in Section 216 of the Code);
Appears in 1 contract
Samples: Distribution Instructions (MASTR Asset Backed Securities Trust 2006-Am1)
