Loan Assets definition

Loan Assets means, collectively and as applicable, the Initial Loan Assets, the Substitute Loan Assets and the Additional Loan Assets, as applicable.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Loan Assets means senior or subordinated loans that may be either fixed or variable rate, including, without limitation, first mortgages, second mortgages, mezzanine loans, repurchase agreements, participations in loans, interim facilities, corporate loans, debt securities, “B” notes and collateralized mortgage-backed securities.

Loan Assets has the meaning assigned to such term in Section 8.03(b).

Examples of Loan Assets in a sentence

• Without the need for a Purchase Notice, on the date hereof, the Purchaser agrees to acquire the Loan Assets set forth on Schedule A as of the date hereof and the Related Property from the Seller and the Seller agrees to Convey such Loan Assets and Related Property to the Purchaser for the applicable Purchase Prices set forth on Schedule A as of the date hereof.

• The Seller shall transfer, or cause to be transferred, all collections (if any) it receives in respect of the Loan Assets (other than Excluded Amounts) to the Collateral Trustee promptly following the date such collections are received by the Seller.

• The Loan Assets will be acquired, in each case, pursuant to this Agreement and one or more assignment agreements pursuant to the applicable Underlying Instruments having an effective date as specified in such assignment agreement without further amendment hereof.

More Definitions of Loan Assets

Loan Assets means commercial mortgage loans originated or acquired by, and Wholly-Owned, as mortgagee, by Guarantor, Borrower or any Restricted Subsidiary.

Loan Assets has the meaning specified in Section 3(b).

Loan Assets shall have the meaning given to such term in Section 2.01(b) (or Section 2.04(b), in the case of Substitute Loans).

Loan Assets means Applicable Assets that are mortgage loans, REO properties and interests therein (other than Securities Assets).

Loan Assets. Section 3.01(j)

Loan Assets has the meaning set forth in the Basic Documents.

Loan Assets. Any assets acquired by the Purchaser from the Seller pursuant to Section 2.01(a), which assets shall include the Seller’s right, title and interest in the following: