C4 PSA definition

C4 PSA shall have the meaning assigned to such term in the recitals.
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Examples of C4 PSA in a sentence

  • The Directing Holder shall designate a Person to serve as Special Servicer by delivering to the other Holders and the parties to the C4 PSA, the C1 PSA, the Note A-2-1 PSA and the Note A-2-2 PSA a written notice stating such designation and by satisfying the other conditions required under the Servicing Agreement (including, without limitation, a Rating Agency Confirmation, if required by the terms of the Servicing Agreement), if any.

  • The Lead Servicer, each Non-Lead Master Servicer and any Trustee will be entitled to interest on any Advance made in the manner and from the sources provided in the C4 PSA, the C1 PSA, the Note A-2-1 PSA or the Note A-2-2 PSA, as applicable.

  • The Lead Servicer, each Non-Lead Master Servicer and any Trustee will be entitled to interest on any Advance made in the manner and from the sources provided in the Note A-1 PSA, the Note A-2 PSA, the C4 PSA or the Note A-4-2 PSA, as applicable.

  • The Directing Holder shall designate a Person to serve as Special Servicer by delivering to the other Holders and the parties to the Note A-1 PSA, the Note A-2 PSA, the C4 PSA and the Note A-4-2 PSA a written notice stating such designation and by satisfying the other conditions required under the Servicing Agreement (including, without limitation, a Rating Agency Confirmation, if required by the terms of the Servicing Agreement), if any.

  • The Lead Servicer, each Non-Lead Master Servicer and any Trustee will be entitled to interest on any Advance made in the manner and from the sources provided in the C4 PSA, the Note A-2 PSA, the Note A-3 PSA, the Note A-6 PSA, the Note A-7 PSA or the Note A-8 PSA, as applicable.

  • The Directing Holder shall designate a Person to serve as Special Servicer by delivering to the other Holders and the parties to the C4 PSA, the Note A-2 PSA, the Note A-3 PSA, the Note A-6 PSA, the Note A-7 PSA and the Note A-8 PSA a written notice stating such designation and by satisfying the other conditions required under the Servicing Agreement (including, without limitation, a Rating Agency Confirmation, if required by the terms of the Servicing Agreement), if any.

  • For further discussion of the Second Lien Program, see Section C.4. PSA ObstaclesThe Panel‟s March 2009 report identified contractual restrictions on loan modification in securitization pooling and servicing agreements (PSAs)72 as a factor inhibiting loan modification efforts.

Related to C4 PSA

  • Note A-2 PSA means the “pooling and servicing agreement” entered into in connection with the Note A-2 Securitization.

  • Note A-1 PSA means the pooling and servicing agreement or other comparable agreement entered into in connection with the Note A-1 Securitization.

  • Note A-3 PSA means the “pooling and servicing agreement” entered into in connection with the Note A-3 Securitization.

  • Note A-4 PSA means the “pooling and servicing agreement” entered into in connection with the Note A-4 Securitization.

  • Note A-6 PSA means the “pooling and servicing agreement” entered into in connection with the Note A-6 Securitization.

  • Note A-5 PSA means the “pooling and servicing agreement” entered into in connection with the Note A-5 Securitization.

  • Model PSA means that certain pooling and servicing agreement, dated as of July 1, 2023, relating to the BBCMS Mortgage Trust 2023-C20 securitization.

  • Lead Securitization PSA means (a) during the period from and after the Note A-2 Securitization Date and prior to the Note A-1 Securitization Date, the Note A-2 PSA and (b) from and after the Note A-1 Securitization Date, the Note A-1 PSA.

  • CME Term SOFR Administrator means CME Group Benchmark Administration Limited as administrator of the forward-looking term Secured Overnight Financing Rate (SOFR) (or a successor administrator).

  • Term SOFR Administrator means CME Group Benchmark Administration Limited (CBA) (or a successor administrator of the Term SOFR Reference Rate selected by the Administrative Agent in its reasonable discretion).

  • Note A-2 Special Servicer means the special servicer under the Note A-2 PSA.

  • Lead Securitization Controlling Class Representative means the “Controlling Class Representative” as defined in the Lead Securitization Servicing Agreement.

  • Note A-1 Special Servicer means the special servicer under the Note A-1 PSA.

  • Note A-2 Securitization means the first sale by the Note A-2 Holder of all or a portion of Note A-2 to a depositor who will in turn include such portion of Note A-2 as part of the securitization of one or more mortgage loans.

  • Class Representative means the named Plaintiff in this Action, Xxxxxx Xxxxxx.

  • Non-Lead Securitization Subordinate Class Representative means the holders of the majority of the class of securities issued in a Non-Lead Securitization designated as the “controlling class” pursuant to the related Non-Lead Securitization Servicing Agreement or their duly appointed representative; provided that if 50% or more of the class of securities issued in any Non-Lead Securitization designated as the “controlling class” or such other class(es) otherwise assigned the rights to exercise the rights of the “Controlling Noteholder” is held by the Mortgage Loan Borrower or an Affiliate of the Mortgage Loan Borrower, no person shall be entitled to exercise the rights of the related Non-Lead Securitization Subordinate Class Representative.

  • Note A-1 Securitization means the first sale by the Note A-1 Holder of all or a portion of Note A-1 to a depositor who will in turn include such portion of Note A-1 as part of the securitization of one or more mortgage loans.

  • Note A-3 Special Servicer means the special servicer under the Note A-3 PSA.

  • Note A-2-2 shall have the meaning assigned to such term in the recitals.

  • Controlling Class Representative shall have the meaning assigned to the term “Directing Certificateholder” in the Lead Securitization Servicing Agreement.

  • Note A-2 Securitization Date means the closing date of the Note A-2 Securitization.

  • Note A-1 Securitization Date means the closing date of the Note A-1 Securitization.

  • Lead Securitization Subordinate Class Representative means the “Controlling Class Representative” as defined in the Lead Securitization Servicing Agreement or such other analogous term used in the Lead Securitization Servicing Agreement.

  • Note A-2-1 shall have the meaning assigned to such term in the recitals.

  • Note A-4 Securitization Date means the closing date of the Note A-4 Securitization.

  • Note A-2 Trustee means the trustee under the Note A-2 PSA.