Non-Lead Securitization definition

Non-Lead Securitization means any Securitization of a Note in a Securitization Trust other than the Lead Securitization.
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Non-Lead Securitization means any Securitization other than the Lead Securitization.
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Non-Lead Securitization means the first sale by a Non-Lead Securitization Note Holder of all or a portion of such Non-Lead Securitization Note to a depositor who will in turn include such portion of such Non-Lead Securitization Note as part of the securitization of one or more mortgage loans.
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Examples of Non-Lead Securitization in a sentence

  • Such Non-Lead Securitization Note Holder’s obligations under this Section 8 constitute absolute, unconditional and continuing obligations.

  • Each Non-Lead Securitization Note Holder acknowledges that the information provided by it to the Lead Securitization Note Holder may be incorporated into the offering documents for the Lead Securitization.

  • The Lead Securitization Note Holder and each Rating Agency shall be entitled to rely on the information supplied by, or on behalf of, each Non-Lead Securitization Note Holder.

  • Each Non-Lead Securitization Note Holder hereby appoints the Lead Securitization Note Holder as its agent, and grants to the Lead Securitization Note Holder an irrevocable power of attorney coupled with an interest, and its proxy, for the purpose of soliciting and accepting offers for and consummating the sale of the related Non-Lead Securitization Note.

  • The originals of all of the Mortgage Loan Documents (other than the Non-Lead Securitization Notes) (a) prior to the Lead Securitization will be held by the Initial Agent (or a custodian on its behalf) and (b) after the Lead Securitization, will be held by the Lead Securitization Note Holder (in the name of the Trustee and held by a duly appointed custodian therefor in accordance with the Lead Securitization Servicing Agreement), in each case, on behalf of the registered holders of the Notes.


More Definitions of Non-Lead Securitization

Non-Lead Securitization means any Securitization of a Non-Lead Securitization Note.
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Non-Lead Securitization means, at any time, each Securitization that is not then the Lead Securitization.
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Non-Lead Securitization means, (i) on and after the Note A-1 Securitization Date, the Note A-2 Securitization and (ii) prior to the Note A-1 Securitization Date, any Securitization other than the First Securitization.
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Non-Lead Securitization means the sale of all or a portion of any Non-Standalone Note to a depositor, who will in turn include such Note as part of the related Non-Lead Securitization of one or more other mortgage loans.
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Non-Lead Securitization means the Securitization of Note A-2 in a Securitization Trust to be designated by the Initial Note A-2 Holder.
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Non-Lead Securitization means the Note A-2 Securitization.
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Non-Lead Securitization means, (i) on and after the Note A-2 Securitization Date, the Note A-1 Securitization, the Note A-3 Securitization, the Note A-4 Securitization, the Note A-5 Securitization, the Note A-6 Securitization, the Note A-7 Securitization, the Note A-8 Securitization, the Note A-9 Securitization and the Note A-10 Securitization, as applicable and (ii) prior to the Note A-2 Securitization Date, any Securitization other than the First Securitization.
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