Companion definition
Examples of Companion in a sentence
The Collateral also secures multiple Companion Loans which are not assets of the Trust Fund.
The Trust Loan and the Companion Loans are collectively referred to as the “Mortgage Loan”.
The Trust and Servicing Agreement may be amended from time to time by the Depositor, the Servicer, the Special Servicer, the Operating Advisor, the Trustee and the Certificate Administrator, without the consent of any of the Certificateholders or any Companion Loan Holder, in certain circumstances specified in the Trust and Servicing Agreement.
In the absence of bad faith on the part of the Companion Paying Agent, the Companion Paying Agent may conclusively rely, as to the truth and correctness of the statements or conclusions expressed therein, upon any resolutions, certificates, statements, opinions, reports, documents, orders or other instrument furnished to the Companion Paying Agent by any Person and which on their face do not contradict the requirements of this Agreement.
The Companion Paying Agent shall not be liable except for the performance of such duties and obligations, no implied covenants or obligations shall be read into this Agreement against the Companion Paying Agent.