Non-Serviced Mortgage Loan definition

Non-Serviced Mortgage Loan. Each of (i) the Mortgage Loans identified as “Non-Serviced” under the column entitled “Type” in the “Whole Loans” chart in the Preliminary Statement, and (ii) on and after the related Servicing Shift Securitization Date, the Mortgage Loans identified as “Servicing Shift” under the column entitled “Type” in the “Whole Loans” chart in the Preliminary Statement.
Non-Serviced Mortgage Loan. Each Mortgage Loan that is part of a Non-Serviced Whole Loan. The table under the heading “Whole Loans” in the Preliminary Statement hereto identify the Non-Serviced Mortgage Loans included in the Trust as of the Closing Date. Any Servicing Shift Mortgage Loan will be a Non-Serviced Mortgage Loan on and after the applicable Servicing Shift Date for the related Servicing Shift Whole Loan.
Non-Serviced Mortgage Loan means a Mortgage Loan included in the Trust but serviced under another agreement. There are no Non-Serviced Mortgage Loans in the Trust.

Examples of Non-Serviced Mortgage Loan in a sentence

  • Subject to subsection (c) below, the obligation of the Master Servicer to make such P&I Advances is mandatory, and with respect to any Mortgage Loan (including any Non-Serviced Mortgage Loan) or REO Loan (other than any portion of an REO Loan related to a Companion Loan), shall continue until the Distribution Date on which the proceeds, if any, received in connection with a Liquidation Event or the disposition of the REO Property, as the case may be, with respect thereto are to be distributed.

  • Upon reasonable prior written request, the Master Servicer shall use reasonable efforts to assist the Special Servicer in obtaining information reasonably required to calculate or recalculate any Collateral Deficiency Amount with respect to a Non-Serviced Mortgage Loan in the event that the Special Servicer is unsuccessful in obtaining such information from the related Non-Serviced Master Servicer, Non-Serviced Special Servicer or Non-Serviced Trustee.

  • Notwithstanding anything to the contrary herein, REO Property with respect to a Non-Serviced Mortgage Loan is excluded for all purposes of this Section 3.15.

  • Each party to this Agreement that receives Privileged Information shall not disclose such Privileged Information to any other Person without the prior written consent of the Special Servicer and, unless a Consultation Termination Event has occurred, the Directing Certificateholder (with respect to any Mortgage Loan other than any Non-Serviced Mortgage Loan and any Excluded Loan as to such party) other than pursuant to a Privileged Information Exception.

  • For so long as the Trust is subject to the reporting obligations of the Exchange Act, with respect to any Non-Serviced Mortgage Loan serviced under the related Non-Serviced PSA, no resignation, removal or replacement of any party to such Non-Serviced PSA that would be required to be reported on a Form 8-K relating to this Trust shall become effective with respect to this Trust until the Certificate Administrator has filed any required Form 8-K pursuant to this Section 11.07.


More Definitions of Non-Serviced Mortgage Loan

Non-Serviced Mortgage Loan means a Mortgage Loan included in the Trust but serviced under another agreement. The Non-Serviced Mortgage Loans included in the Trust as of the Closing Date are the Westfield Countryside Mortgage Loan and the B▇▇▇▇▇▇ Center Mortgage Loan.
Non-Serviced Mortgage Loan. The Worldwide Plaza Mortgage Loan, the Starwood Lodging Hotel Portfolio Mortgage Loan, the Loma ▇▇▇▇▇ Mortgage Loan, the Olympic Tower Mortgage Loan, the Westin Palo Alto Mortgage Loan, the Long Island Prime Portfolio – Uniondale Mortgage Loan, the ▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ Mortgage Loan, the Petco Corporate Headquarters Mortgage Loan, the Shops at ▇▇▇▇▇▇▇▇ Mortgage Loan and the ▇▇▇▇▇▇▇▇▇ Mortgage Loan (on or after the related Servicing shift Securitization Date).
Non-Serviced Mortgage Loan. Each of The Summit Birmingham Mortgage Loan, the Pentagon Center Mortgage Loan, the JW Marriott Desert Springs Mortgage Loan, The ▇▇▇▇▇▇▇▇▇ Mortgage Loan, the ▇▇▇▇▇▇▇ ▇▇▇▇▇ Drive Mortgage Loan and the Key Center Cleveland Mortgage Loan.
Non-Serviced Mortgage Loan. Each of the Westfield Wheaton Mortgage Loan, the Soho-Tribeca Grand Hotel Portfolio Mortgage Loan, the Westfield Trumbull Mortgage Loan, the WPC Department Store Portfolio Mortgage Loan (after the WPC Department Store Portfolio Securitization Date) and the Sterling & M▇▇▇▇▇▇ Mortgage Loan, as applicable.
Non-Serviced Mortgage Loan. The Newcastle Senior Housing Portfolio Mortgage Loan or the Maine Mall Mortgage Loan, as applicable.
Non-Serviced Mortgage Loan means a Mortgage Loan included in the Trust but serviced under another agreement. The only Non-Serviced Mortgage Loan included in the Trust as of the Closing Date is the Milford Plaza Fee Mortgage Loan. On and after The Mall at T▇▇▇▇▇ Crossing Companion Loan Securitization Date, The Mall at T▇▇▇▇▇ Crossing Mortgage Loan shall be a Non-Serviced Mortgage Loan.
Non-Serviced Mortgage Loan. Each of the BioMed MIT Portfolio Mortgage Loan, the Marriott World Headquarters Mortgage Loan, the 32 Old Slip - Leased Fee Mortgage Loan, the MIC Parking Portfolio Mortgage Loan, the Washington Square Mortgage Loan, the ▇▇▇▇▇▇ Town Center Mortgage Loan, the Discovery Business Center Mortgage Loan and the Ansonia Commercial Condominium Mortgage Loan.