Interim Mortgage Loan definition
Interim Mortgage Loan means a Mortgage Loan which satisfies the Loan Eligibility Requirements set forth in Exhibit IV, Part 2 to this Agreement, as may be amended from time to time upon agreement of the parties hereto.
Examples of Interim Mortgage Loan in a sentence
BAC shall not be assessed a Commitment Fee or Non-Use Fee on Bridge Mortgage Loans or Interim Mortgage Loans until such time as a Bridge Mortgage Loan or Interim Mortgage Loan (other than the Grandfathered Loans) becomes subject to a Transaction, and, at such time, the fees payable with respect to Bridge Mortgage Loans and Interim Mortgage Loans, respectively, shall be those set forth in Exhibit I, Part I of this Agreement, as may be amended from time to time by the parties hereto.