Non-MERS Mortgage Loan. Any Mortgage Loan other than a MERS Mortgage Loan.
Non-MERS Mortgage Loan. Any Mortgage Loan other than a MERS Mortgage Loan. Non-permitted Foreign Holder: As defined in Section 3.03(f).
Non-MERS Mortgage Loan. Any Mortgage Loan other than a MERS Mortgage Loan NON-PO ALLOCATED AMOUNT: At the time of any determination, the amount derived by (i) multiplying the Principal Balance of each Outstanding Mortgage Loan on such date of determination by the Non-PO Percentage with respect to such Mortgage Loan and (ii) summing the results.
Examples of Non-MERS Mortgage Loan in a sentence
An Assignment of Mortgage in favor of the Owner or such Person as the Owner may designate shall be recorded as to each Non-MERS Mortgage Loan unless instructions to the contrary are delivered to the Servicer in writing by the Master Servicer.
If requested by Purchaser, Seller will register with MERS any Mortgage Loan that is a Non-MERS Mortgage Loan as of the related Sale Date (and eligible to be a MERS Mortgage Loan), in Purchaser’s name.
If requested by MSR Owner, Subservicer will register with MERS any Defended Loan that is a Non-MERS Mortgage Loan as of the related Agency Delivery Date (and eligible to be a MERS Mortgage Loan), in MSR Owner’s name.
More Definitions of Non-MERS Mortgage Loan
Non-MERS Mortgage Loan. Any Mortgage Loan other than a MERS Mortgage Loan. NONRECOVERABLE ADVANCE: Any Advance previously made or proposed to be made in respect of a Mortgage Loan by the Servicer pursuant to Section 6.03 which, in the good faith judgment of the Servicer, will not or, in the case of a proposed Advance, would not, ultimately be recoverable by the Servicer from Late Collections or otherwise. The determination by the Servicer that it has made, or would be making, a Nonrecoverable Advance shall be evidenced by a certificate of a Servicing Officer of the Servicer delivered to the Trustee, any co-trustee and the Depositor and detailing the reasons for such determination.
Non-MERS Mortgage Loan. Any Mortgage Loan other than a MERS Mortgage Loan. Non-Performing Mortgage Loan: Each Mortgage Loan listed on Schedule I-B hereto.
Non-MERS Mortgage Loan. Any Mortgage Loan other than a MERS Mortgage Loan. Non-permitted Foreign Holder: Any Person other than (A) a Person who is not a Non-U.S. Person or (B) a Non U.S. Person that holds a Residual Certificate in connection with the conduct of a trade or business within the United States and has furnished the transferor and the Certificate Registrar with an effective Internal Revenue Service Form W-8ECI or successor form at the time and in the manner required by the Code.
Non-MERS Mortgage Loan any Mortgage Loan as to which MERS is not (and is not intended to be) the mortgagee of record;
Non-MERS Mortgage Loan. Any Mortgage Loan other than a MERS Mortgage Loan. Non-Monthly Mortgage Loan: Each Mortgage Loan listed on Schedule I-C hereto. Non-permitted Foreign Holder: Any Person other than (A) a Person who is not a Non-U.S. Person or (B) a Non-U.S. Person that holds a Residual Certificate in connection with the conduct of a trade or business within the United States and has furnished the transferor and the Certificate Registrar with an effective Internal Revenue Service Form W-8ECI or successor form at the time and in the manner required by the Code.
Non-MERS Mortgage Loan. Any Mortgage Loan other than a MERS Mortgage Loan. Note Account: The account maintained by the Indenture Trustee pursuant to Section 5.02.
Non-MERS Mortgage Loan. Any Mortgage Loan other than a MERS Mortgage Loan. Notice Date: The fifteenth calendar day preceding each Transfer Date, or, if such day is not a Business Day, the immediately preceding Business Day.