Definition of Collateral Pool Property


Collateral Pool Property means a Multifamily Mortgaged Property or Student Housing Mortgaged Property as set forth in Schedule 1.1(A).

Examples of Collateral Pool Property in a sentence

If the results of such Valuation disclose that the Market Value of the affected Collateral Pool Property has decreased, then the Market Value shall thereafter be deemed to be the amount shown in such Valuation.
All utility service is provided by public utilities and each Collateral Pool Property has accepted or is equipped to accept such utility service.
The survey for any Secured Collateral Pool Property acquired by the Borrower after the date hereof must be dated within ninety (90) days prior to the issuance of the title policy and be certified to the Agent and the title insurance company in form acceptable to the Agent.
Net Operating Income of the Collateral Pool Property as determined by Lender $_____________ B.
Each Collateral Pool Property is free from damage caused by fire or other casualty.