Loan Combination definition
Loan Combination shall include any successor REO Mortgage Loan and the related successor REO Companion Loan(s) (or the related deemed Companion Loan(s), if applicable)). The only Loan Combinations related to the Trust as of the Closing Date are identified in the Loan Combination Table.
Loan Combination. A Serviced Loan Combination and/or a Non-Serviced Loan Combination, as the context may require.
Loan Combination. An aggregate debt consisting of a particular Mortgage Loan that is an asset of the Trust and one or more other mortgage loans (each of which is referred to as a “Companion Loan”), which Mortgage Loan and related Companion Loan(s) are: (i) each evidenced by one or more separate Notes; (ii) cross-defaulted with each other; and (iii) all secured by the same Mortgage(s) encumbering the same Mortgaged Property or portfolio of Mortgaged Properties. The term “Loan Combination” shall include any successor REO Mortgage Loan and the related successor REO Companion Loan(s) (or the related deemed Companion Loan(s), if applicable)). The only Loan Combinations related to the Trust as of the Closing Date are identified in the Loan Combination Table. Each of the Companion Loans identified in the Loan Combination Table are not assets of the Trust.
Examples of Loan Combination in a sentence
Except with respect to a Mortgage Loan that is part of a Loan Combination, each Mortgage Loan is a whole loan and not a participation interest in a Mortgage Loan.
No Mortgage Loan is cross-collateralized or cross-defaulted with any other mortgage loan that is outside the Mortgage Pool, except in the case of a Mortgage Loan that is part of a Loan Combination.
Each of the Loan Combination Custodial Accounts shall be an Eligible Account or a subaccount of an Eligible Account.
The Trustee shall not be liable for any of the representations, liabilities or warranties of the Master Servicer or Special Servicer herein or in any related document or agreement, for any acts or omissions of the predecessor Master Servicer or predecessor Special Servicer or for any losses incurred in respect of any Permitted Investment by the Master Servicer pursuant to Section 3.07 of this Agreement nor shall the Trustee be required to purchase any Mortgage Loan or Serviced Loan Combination hereunder.
If any Serviced Mortgage Loan or Serviced Loan Combination becomes a Specially Serviced Loan, the related Mortgaged Property shall be inspected by the Special Servicer as soon as practicable and thereafter at least every calendar year for so long as such condition exists.
More Definitions of Loan Combination
Loan Combination. An aggregate debt consisting of a particular Mortgage Loan that is an asset of the Trust and one or more other mortgage loans (each of which is referred to as a “Companion Loan”) that are not assets of the Trust, which Mortgage Loan and related Companion Loan(s) are: (i) each evidenced by one or more separate Notes; (ii) cross-defaulted with each other; and (iii) all secured by the same Mortgage(s) encumbering the same Mortgaged Property or portfolio of Mortgaged Properties. The term “Loan Combination” shall include any successor REO Mortgage Loan and the related successor REO Companion Loan(s) (or the related deemed Companion Loan(s), if applicable)). The only Loan Combinations related to the Trust as of the Closing Date are identified in the Loan Combination Table.
Loan Combination shall include any successor REO Loan with respect to the applicable Mortgage Loans comprising such Loan Combination.
Loan Combination means any group of two or more mortgage loans, at least one of which mortgage loans is included in the Trust Fund and at least one of which mortgage loans is not included in the Trust Fund, and all of which mortgage loans are secured by the same Mortgage(s) on the same Mortgaged Property or Properties, as applicable. The Loan Combinations are the 1211 Avenue of the Americas Loan Combination, the Extendicare Portfolio Loan Combination, the Triangle Town Center Loan Combination and the Serviced A/B Loan Combinations.
Loan Combination shall have the meaning assigned thereto in the Preliminary Statement.
Loan Combination. An aggregate debt consisting of a particular Mortgage Loan that is an asset of the Trust and one or more other mortgage loans (each of which is referred to as a “Companion Loan”) that are not assets of the Trust, which Mortgage Loan and related Companion Loan(s) are: (i) each evidenced by one or more separate Notes; (ii) cross-defaulted with each other; and (iii) all secured by the same Mortgage(s) encumbering the same Mortgaged Property or portfolio of Mortgaged Properties. The term “Loan Combination” shall include any successor REO Mortgage Loan and the related successor REO Companion Loan(s) (or the related deemed Companion Loan(s), if applicable)). The only Loan Combinations related to the Trust as of the Closing Date are the Empire Mall Loan Combination, the ▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Loan Combination, the Marriott Midwest Portfolio Loan Combination, the ▇▇▇ ▇▇▇▇▇▇▇▇ Loan Combination, the 5 Penn Plaza Loan Combination, the ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Loan Combination, the Heritage Industrial Portfolio Loan Combination, the One Court Square Loan Combination, the GFH ▇▇▇▇▇▇▇ Industrial Portfolio Loan Combination, the Marriott Monterey Loan Combination and the Home Depot - Elk Grove Village Loan Combination.
Loan Combination. An aggregate debt consisting of a particular Mortgage Loan that is an asset of the Trust and one or more other mortgage loans (each of which is referred to as a “Companion Loan”) that are not assets of the Trust, which Mortgage Loan and related Companion Loan(s) are: (i) each evidenced by one or more separate Notes; (ii) cross-defaulted with each other; and (iii) all secured by the same Mortgage(s) encumbering the same Mortgaged Property or portfolio of Mortgaged Properties. The term “Loan Combination” shall include any successor REO Mortgage Loan and the related successor REO Companion Loan(s) (or the related deemed Companion Loan(s), if applicable)). The only Loan Combinations related to the Trust as of the Closing Date are the ▇▇▇▇-▇▇▇▇ Short Hills Office Portfolio Loan Combination, the Key Center Cleveland Loan Combination, the Scripps Center Loan Combination, the ▇▇▇▇▇▇▇▇ Crossing Loan Combination, the ▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ Retail Condo Loan Combination, the Greenwich Office Park Loan Combination, the ▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Loan Combination, the Atlanta and Anchorage Hotel Portfolio Loan Combination, the Urban Union - Amazon Loan Combination, the QLIC Loan Combination, the Broadway Portfolio Loan Combination, the Novo Nordisk Loan Combination, the Rentar Plaza Loan Combination and the Parts Consolidation Center Loan Combination.
Loan Combination shall include any successor REO Mortgage Loan and the related successor REO Companion Loan(s) (or the related deemed Companion Loan(s), if applicable)). The only Loan Combinations related to the Trust as of the Closing Date are the ▇▇▇▇-▇▇▇▇ Short Hills Office Portfolio Loan Combination, the Key Center Cleveland Loan Combination, the Scripps Center Loan Combination, the ▇▇▇▇▇▇▇▇ Crossing Loan Combination, the ▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ Retail Condo Loan Combination, the Greenwich Office Park Loan Combination, the ▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Loan Combination, the Atlanta and Anchorage Hotel Portfolio Loan Combination, the Urban Union - Amazon Loan Combination, the QLIC Loan Combination, the Broadway Portfolio Loan Combination, the Novo Nordisk Loan Combination, the Rentar Plaza Loan Combination and the Parts Consolidation Center Loan Combination.