Common use of Single Clause in Contracts

Single. Purpose Entity All of the Mortgage Loans secured by residential cooperatives. The Mortgagors under the Mortgage Loans secured by residential cooperatives are not Single-Purpose Entities.

Appears in 6 contracts

Sources: Mortgage Loan Purchase Agreement (Wells Fargo Commercial Mortgage Trust 2015-Nxs3), Mortgage Loan Purchase Agreement (Wells Fargo Commercial Mortgage Trust 2015-Nxs3), Mortgage Loan Purchase Agreement (Wells Fargo Commercial Mortgage Trust 2015-Lc22)