Companion Loan Holders definition

Companion Loan Holders. Collectively, the holder or holders of the Companion Loans or a portion of the Companion Loans.
Companion Loan Holders. The holder of a Companion Loan.

Examples of Companion Loan Holders in a sentence

Upon acceptance of appointment by a successor Trustee or Certificate Administrator, as applicable, as provided in this Section 8.08, the Depositor shall mail notice of the succession of such Trustee or Certificate Administrator, as applicable, hereunder to all Holders of Certificates at their addresses as shown in the Certificate Register and to the Companion Loan Holders.

For purposes of distributions to Certificateholders and Serviced Companion Loan Holders and compensation to the Master Servicer or the Trustee, Property Advances shall not be considered to increase the principal balance of any Mortgage Loan or Serviced Loan Combination, notwithstanding that the terms of such Mortgage Loan or Serviced Loan Combination so provide.

The Trust and Servicing Agreement may be amended from time to time by the Depositor, the Certificate Administrator, the Servicer, the Special Servicer and the Trustee, without the consent of any of the Certificateholders or the Companion Loan Holders, in certain circumstances specified in the Trust and Servicing Agreement, subject to certain exceptions set forth in the Trust and Servicing Agreement.

The Master Servicer (or the Special Servicer, with respect to REO Properties) agrees to prepare and present, on behalf of itself, the Trustee and the Certificateholders and the Serviced Companion Loan Holders, claims under each related insurance policy maintained by it pursuant to this Section 3.08(a) in a timely fashion in accordance with the terms of such policy and to take such reasonable steps as are necessary to receive payment or to permit recovery thereunder.

Each of the Trustee and the Certificate Administrator may at any time resign and be discharged from the trusts hereby created by giving written notice thereof to the other such party, the Depositor, the Master Servicer, the Special Servicer, the Operating Advisor, the Asset Representations Reviewer, the Certificateholders, the Serviced Companion Loan Holders and, for posting to the Rule 17g-5 Information Provider’s Website pursuant to Section 12.13 of this Agreement, the Rule 17g-5 Information Provider.

Thereafter, such Mortgage File shall be held by the holder of the Trust Notes or a custodian appointed thereby for the benefit thereof, on behalf of itself and the Companion Loan Holders as their interests appear under the Co-Lender Agreement.

To the extent that the Mortgage File relates to a Mortgage Loan that is part of a Serviced Loan Combination, the Custodian shall also hold such Mortgage File in trust for the use and benefit of the related Serviced Pari Passu Companion Loan Holder(s).

The Trust and Servicing Agreement may be amended from time to time by the Depositor, the Servicer, the Special Servicer, the Certificate Administrator, the Custodian, the Operating Advisor and the Trustee, without the consent of any of the Certificateholders or Companion Loan Holders, in certain circumstances specified in the Trust and Servicing Agreement.

The Servicer or Special Servicer, as the case may be, shall prepare a written report of inspection and deliver it to the Certificate Administrator and Companion Loan Holders in electronic format.

The Certificate Administrator agrees to comply with the terms of each Custodial Agreement and to enforce the terms and provisions thereof against the Custodian for the benefit of the Certificateholders and the Companion Loan Holders.

Related to Companion Loan Holders

Companion Loan Holder The holder of a Companion Loan.
Pari Passu Companion Loan Holder Any holder of record of any Serviced Pari Passu Companion Loan or Non-Serviced Pari Passu Companion Loan.
Serviced Companion Loan Holder The holder of a Serviced Companion Loan.
Serviced Pari Passu Companion Loan Holder Any holder of record of any Serviced Pari Passu Companion Loan.
Companion Loan Notes As defined in the Introductory Statement.
Subordinate Companion Loan Holder The holder of a Subordinate Companion Loan.
Companion Loan Holder Representative With respect to each Serviced Companion Loan, any representative appointed by the related Companion Loan Holder.
Companion Loan Noteholder A holder of a Companion Loan.
Companion Loan Securities Any commercial mortgage-backed securities that evidence an interest in or are secured by the assets of an Other Securitization Trust, which assets include a Companion Loan (or a portion thereof or interest therein).
Serviced Companion Loan Securities With respect to any Serviced Companion Loan so long as the related Mortgage Loan or any successor Serviced REO Loan is part of the Mortgage Pool, any class of securities backed by such Serviced Companion Loan. Any reference herein to a “series” of Serviced Companion Loan Securities shall refer to separate securitizations of one or more of the Serviced Companion Loans.
Serviced Companion Loan Noteholder Any holder of a Serviced Companion Loan; provided that for so long as a Serviced Companion Loan is included in an Other Securitization, for purposes of providing or distributing any reports, statements, notices or other information required or permitted to be provided to a Serviced Companion Loan Noteholder hereunder, “Serviced Companion Loan Noteholder” shall also include the related Other Servicer.
Serviced Pari Passu Companion Loan Noteholder Any holder of a Serviced Pari Passu Companion Loan.
Serviced Pari Passu Companion Loan Securities For so long as the related Mortgage Loan or any successor REO Loan is in the Trust Fund, any class of securities issued by another securitization and backed by a Serviced Pari Passu Companion Loan.
Companion Loan A Serviced Companion Loan or Non-Serviced Companion Loan, as applicable and as the context may require.
Controlling Companion Loan With respect to each Servicing Shift Whole Loan or Non-Serviced AB Whole Loan, the related Pari Passu Companion Loan which, in accordance with the Intercreditor Agreement, will be the “Lead Note”, “Controlling Note” or similarly defined term as identified in the related Intercreditor Agreement. Each of the Atrium Two and the Vie Portfolio Pari Passu Companion Loans are Controlling Companion Loans related to the Trust.
Companion Holders Each of the holders of record of any Companion Loan.
Pari Passu Companion Loan A Companion Loan that is pari passu in right of payment with the Mortgage Loan included in the related Whole Loan.
Companion Loan(s) As defined in the Preliminary Statement.
Serviced Subordinate Companion Loan Holder A holder of a Serviced Subordinate Companion Loan. There are no Serviced Subordinate Companion Loan Holders related to the Trust and references in this Agreement to “Serviced Subordinate Companion Loan Holder” shall be disregarded.
Serviced Companion Loan Noteholder Register As defined in Section 3.27(b) of this Agreement.
Outside Serviced Loan Combination Noteholders With respect to an Outside Serviced Loan Combination, the holder of the related Outside Serviced Mortgage Loan and the holder(s) of the related Outside Serviced Companion Loan(s), collectively.
REO Companion Loan Any Serviced Companion Loan if the related Mortgaged Property has become an REO Property.
Non-Serviced Pari Passu Companion Loan Each of (i) the Pari Passu Companion Loans identified as “Non-Serviced” under the column entitled “Type” in the “Whole Loan” chart in the Preliminary Statement, and (ii) on and after the related Servicing Shift Securitization Date, the Pari Passu Companion Loans identified as “Servicing Shift” under the column entitled “Type” in the “Whole Loan” chart in the Preliminary Statement.
Serviced Pari Passu Companion Loan A Pari Passu Companion Loan that is part of a Serviced Whole Loan.
Serviced Whole Loan Controlling Holder The “Controlling Noteholder” or similar term identified in the Intercreditor Agreement related to a Serviced Whole Loan.