Existing Mortgage Loan Agreement definition

Existing Mortgage Loan Agreement means that certain Amended and Restated Loan Agreement dated as of April 3, 2017 by and between Existing Mortgage Lender and Contributor, as may be amended or amended and restated from time to time.
Existing Mortgage Loan Agreement means that certain Loan Agreement, dated as of October 24, 2007, among Bear Xxxxxxx Commercial Mortgage, Inc., Bank of America, N.A., German American Capital Corporation, Xxxxxxx Sachs Mortgage Company, Xxxxxx Xxxxxxx Mortgage Capital Holdings LLC, Xxxxxxx Xxxxx Mortgage Lending Inc. and Xxxxxx Brothers Holdings Inc., collectively, as lender, Bear, Xxxxxxx International Limited, as security agent, and the entities listed thereto as borrower, as amended on December 15, 2007, May 30, 2008, January 27, 2009, May 7, 2009 and April 7, 2010.
Existing Mortgage Loan Agreement means that certain Loan Agreement dated as of February 25, 2013 among German American Capital Corporation and Bank of America, N.A, as co-lenders, and Existing Mortgage Loan Borrower, as borrower, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.

Examples of Existing Mortgage Loan Agreement in a sentence

  • Borrower and Lender have agreed to modify and amend the Existing Mortgage Loan Agreement and the other Existing Loan Documents in order to accurately reflect the restructuring of the Existing Mezzanine Loan upon certain terms and conditions hereinafter set forth.

  • All references in the Existing Mortgage Loan Agreement, as amended hereby, to any other Existing Loan Document shall be deemed to refer to such Existing Loan Document as amended hereby.

  • Section 1.1 of the Existing Mortgage Loan Agreement is hereby modified by adding the following definitions: JUNIOR TIER MEZZANINE BORROWER shall mean BRE/Park Place Junior Mezzanine L.L.C., a Delaware limited liability company.

  • All references in any of the other Existing Loan Documents to the Existing Mortgage Loan Agreement shall be deemed to be references to the Existing Mortgage Loan Agreement as amended hereby.

  • The discussion below explains the Court’s reasoning behind its March 12, 2006 ruling.

  • Section 1.1 of the Existing Mortgage Loan Agreement is hereby modified by eliminating the definitions of "Intercreditor Agreement", "Mezzanine Loan", "Mezzanine Loan Documents"and "Mezzanine Note" and substituting the following therefor: INTERCREDITOR AGREEMENT shall mean an intercreditor agreement between Lender, Mezzanine Lender and Junior Tier Mezzanine Lender.

Related to Existing Mortgage Loan Agreement

  • Mortgage Loan Agreement means the Loan Agreement, dated as of February 14, 2020, between the Borrower, as borrowers, and the Original Lenders, as lender, as the same may be further amended, restated, supplemented or otherwise modified from time to time, subject to the terms hereof.

  • Existing Mortgage has the meaning specified in Section 5.02(a)(vi).

  • Whole Loan Agreement Any Reconstitution Agreement in respect of a Whole Loan Transfer.

  • Underlying Loan Agreement means, with respect to any Loan, the document or documents evidencing the commercial loan agreement or facility pursuant to which such Loan is made.

  • Prior Loan Agreement is defined in Recital A.

  • Mezzanine Loan Agreement means that certain Mezzanine Loan Agreement, dated as of the date hereof, between Mezzanine Borrower and Mezzanine Lender, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.

  • Subsequent Mortgage Loan Purchase Agreement The agreement between the Depositor and the Seller regarding the transfer of the Subsequent Mortgage Loans by the Seller to the Depositor.

  • Existing Loan Agreement has the meaning set forth in the recitals to this Agreement.

  • Mortgage Loan Purchase Agreement The agreement between the Seller and the Depositor, regarding the transfer of the Mortgage Loans by the Seller to or at the direction of the Depositor, substantially in the form of Exhibit D annexed hereto.

  • First Mortgage Loan A Home Equity Loan which constitutes a first priority mortgage lien with respect to any Property.

  • Original Loan Agreement has the meaning set forth in the Recitals to this Agreement.

  • Senior Loan Agreement means that certain Term Loan Agreement, dated as of June 26, 2015, by and among Borrower and Senior Lenders, as amended, restated, supplemented or otherwise modified from time to time.

  • Second Lien Mortgage Loan A Mortgage Loan secured by a second lien Mortgage on the related Mortgaged Property.

  • Refinancing Mortgage Loan Any Mortgage Loan originated in connection with the refinancing of an existing mortgage loan.

  • Second Mortgage Loan A Home Equity Loan which constitutes a second priority mortgage lien with respect to the related Property.

  • Replacement Mortgage Loan A Mortgage Loan or Mortgage Loans in the aggregate substituted by the Seller for a Deleted Mortgage Loan, which must, on the date of such substitution, as confirmed in a Request for Release, (i) have a Stated Principal Balance, after deduction of the principal portion of the Scheduled Payment due in the month of substitution, not in excess of, and not less than 90% of, the Stated Principal Balance of the Deleted Mortgage Loan; (ii) if the Replacement Mortgage Loan is a fixed rate Mortgage Loan, have a fixed Mortgage Rate not less than or more than 1% per annum higher than the Mortgage Rate of the Deleted Mortgage Loan; (iii) have the same or higher credit quality characteristics than that of the Deleted Mortgage Loan; (iv) have a Loan-to-Value Ratio no higher than that of the Deleted Mortgage Loan; (v) have a remaining term to maturity no greater than (and not more than one year less than) that of the Deleted Mortgage Loan; (vi) not permit conversion of the Mortgage Rate from a fixed rate to a variable rate; (vii) have the same lien priority as the Deleted Mortgage Loan; (viii) constitute the same occupancy type as the Deleted Mortgage Loan or be owner occupied; (ix) if the Replacement Mortgage Loan is an Adjustable Rate Mortgage Loan, have a Maximum Mortgage Rate not less than the Maximum Mortgage Rate on the Deleted Mortgage Loan, (x) if the Replacement Mortgage Loan is an Adjustable Rate Mortgage Loan, have a Minimum Mortgage Rate not less than the Minimum Mortgage Rate of the Deleted Mortgage Loan, (xi) if the Replacement Mortgage Loan is an Adjustable Rate Mortgage Loan, have a Gross Margin equal to or greater than the Gross Margin of the Deleted Mortgage Loan, (xii) if the Replacement Mortgage Loan is an Adjustable Rate Mortgage Loan, have a next Adjustment Date not more than two months later than the next Adjustment Date on the Deleted Mortgage Loan, (xiii) comply with each representation and warranty set forth in Section 7 of the Mortgage Loan Purchase Agreement and (xiv) the Custodian has delivered a Final Certification noting no defects or exceptions.

  • Park Sienna Mortgage Loans The Mortgage Loans identified as such on the Mortgage Loan Schedule for which Park Sienna is the applicable Seller.

  • Lender PMI Mortgage Loan Certain Mortgage Loans as to which the lender (rather than the borrower) acquires the Primary Insurance Policy and charges the related borrower an interest premium.

  • Conforming Mortgage Loan means a first lien Mortgage Loan originated in accordance with the criteria of an Agency for purchase of Mortgage Loans, including, without limitation, conventional Mortgage Loans, FHA Loans and VA Loans, as determined by Buyer in its sole discretion.

  • ARD Mortgage Loan Any Mortgage Loan that is identified as having an Anticipated Repayment Date and a Revised Rate on the Mortgage Loan Schedule.

  • ARM Mortgage Loan A Mortgage Loan pursuant to which the interest rate shall be adjusted from time to time in accordance with the related Mortgage Note.

  • Mortgage Loan Sale Agreement The mortgage loan sale and assignment agreement dated as of July 1, 2005, for the sale of the Mortgage Loans by the Seller to the Depositor.

  • Mortgage Loan Documents means, with respect to the Mortgage Loan, the Mortgage Loan Agreement, the Mortgage, the Notes and all other documents now or hereafter evidencing and securing the Mortgage Loan.

  • Funding Loan Agreement means this Funding Loan Agreement, of even date herewith, by and among the Funding Lender, the Governmental Lender and the Fiscal Agent, as it may from time to time be supplemented, modified or amended by one or more funding loan agreements, indentures or other instruments supplemental hereto entered into pursuant to the applicable provisions hereof.

  • First Lien Mortgage Loan A Mortgage Loan secured by a first lien Mortgage on the related Mortgaged Property.

  • Loan Agreement shall have the meaning assigned to such term in the recitals.