C5 PSA definition

C5 PSA shall have the meaning assigned to such term in the recitals.

Examples of C5 PSA in a sentence

  • 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 C5 PSA, the Note A-2 PSA or the Note A-3 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 C5 PSA, the Note A-2 PSA and the Note A-3 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 originals of all of the Mortgage Loan Documents (other than Note A-2 and Note A-3) will be held by the C5 Trustee (or by a custodian on its behalf) under the terms of the C5 PSA on behalf of all of the Holders until the Note A-2 Securitization Date, at which time the originals of all of the Mortgage Loan Documents (other than Note A-1 and Note A-3) will be transferred to and held by the Note A-2 Trustee (or by a custodian on its behalf) on behalf of all of the Holders.

  • 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 C5 PSA or the Note A-4 PSA, as applicable.

  • The John Hancock Complex Loan will be subject to appraisal reduction provisions under the Lehman 2006-LLF C5 PSA that are similar, but may not be identical, to the appraisal reduction provisions described above.

  • The originals of all of the Mortgage Loan Documents (other than Note A-2) will be held by the C5 Trustee (or by a custodian on its behalf) under the terms of the C5 PSA on behalf of all of the Holders until the Note A-2 Securitization Date, at which time the originals of all of the Mortgage Loan Documents (other than Note A-1) will be transferred to and held by the Note A-2 Trustee (or by a custodian on its behalf) on behalf of all of the Holders.

Related to C5 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.

  • 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.

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

  • 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).

  • 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).

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

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

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

  • 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.

  • 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 Master Servicer means the master servicer under the Note A-2 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.

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

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

  • Note A-3 Master Servicer means the master servicer under the Note A-3 PSA.

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

  • Note A-5 Securitization Date means the closing date of the Note A-5 Securitization.

  • 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 Securitization Date means the closing date of the Note A-3 Securitization.

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

  • Note A-3 Securitization means the first sale by the Note A-3 Holder of all or a portion of Note A-3 to a depositor who will in turn include such portion of Note A-3 as part of the securitization of one or more mortgage loans.