Mortgage Loan Event of Default definition

Mortgage Loan Event of Default means an “Event of Default” as defined in the Mortgage Loan Agreement.
Mortgage Loan Event of Default. An “Event of Default” as defined under the Mortgage Loan Documents.
Mortgage Loan Event of Default means an “Event of Default” under and as defined in the Mortgage Loan Agreement.

Examples of Mortgage Loan Event of Default in a sentence

  • If the Borrower Related Parties do not make the necessary payments and/or a Mortgage Loan Event of Default has occurred and amounts in the applicable Reserve Account are insufficient to make such payments, the Servicer shall make a Property Protection Advance, subject to the determination of non-recoverability provided in Section 3.23, from its own funds for amounts payable with respect to all such items related to the Properties when and as the same shall become due and payable.


More Definitions of Mortgage Loan Event of Default

Mortgage Loan Event of Default means an "Event of Default" under and as defined in the Mortgage Loan Agreement.
Mortgage Loan Event of Default shall have the meaning given to such term in Section 6 of the Mortgage Loan Agreement.
Mortgage Loan Event of Default has the meaning ascribed to the termEvent of Default” in the Master Loan Agreement.
Mortgage Loan Event of Default shall have the meaning ascribed to the termEvent of Default” in the Security Instrument.
Mortgage Loan Event of Default means an event of default under the Mortgage Loan Documents which remains uncured following the expiration of any applicable cure or grace period.
Mortgage Loan Event of Default. As defined in Section 3.13(a).
Mortgage Loan Event of Default. As to either Mortgage, an "Event of Default" as defined therein.