Note A-11 Securitization definition

Note A-11 Securitization means the first sale by the Note A-11 Holder of all or a portion of Note A-11 to a depositor who will in turn include such portion of Note A-11 as part of the securitization of one or more mortgage loans.
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Note A-11 Securitization means the first sale by the Note A-11 Holder of all or a portion of Note A-11 to a depositor who will in turn include such portion of Note A-11 as part of the securitization of one or more mortgage loans. “Note A-12” shall have the meaning assigned to such term in the recitals.
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Examples of Note A-11 Securitization in a sentence

  • On and after the Note A-1-1 Securitization Date, the originals of all of the Mortgage Loan Documents (other than any Notes not included in the Note A-1-1 Securitization) shall be transferred to and held in the name of the trustee (and held by a duly appointed custodian therefor) under the Note A-1-1 PSA, on behalf of the registered holders of the Notes.

  • If the Lead Securitization is not also the Note A-1-1 Securitization, then on and after the Lead Securitization Date, the originals of all of the Mortgage Loan Documents (other than any Notes not included in such Lead Securitization, which will be held by the respective Note Holders or their designated custodians) shall be held in the name of the trustee (and held by a duly appointed custodian therefor) under the Lead Securitization Servicing Agreement, on behalf of the registered holders of the Notes.

  • If the Lead Securitization is not also the Note A-1-1 Securitization, then on and after the Lead Securitization Date the originals of all of the Mortgage Loan Documents (other than Note A-1-1 and any other Notes not included in such Lead Securitization) shall be held in the name of the trustee (and held by a duly appointed custodian therefor) under the Lead Securitization Servicing Agreement on behalf of the registered holders of the Notes.

  • On and after the closing date of the Note A-1-1 Securitization, the originals of all of the Mortgage Loan Documents (other than Notes not included in the Note A-1-1 Securitization) shall be transferred to and held in the name of the trustee (and held by a duly appointed custodian therefor) under the Lead Securitization Servicing Agreement, on behalf of the registered holders of the Notes.

  • Prior to the Note A-1-1 Securitization Date, the servicing of the Mortgage Loan shall be carried out by any interim servicer selected by the Note A-2 Holder (pursuant to any interim servicing agreement).

  • From and after the Note A-1-1 Securitization Date, the servicing of the Mortgage Loan shall be carried out by the Master Servicer and, if the Mortgage Loan is a Specially Serviced Loan (or to the extent otherwise provided in the Lead Securitization Servicing Agreement), by the Special Servicer, in each case pursuant to the Lead Securitization Servicing Agreement.

  • On and after the Note A-1-1 Securitization Date, the originals of all of the Mortgage Loan Documents (other than the Non-Lead Securitization Notes at such time) shall be held in the name of the Trustee (and held by a duly appointed custodian therefor) under the Lead Securitization Servicing Agreement, on behalf of the registered holders of the Notes.

  • Prior to the Note A-1-1 Securitization Date, the originals of all of the Mortgage Loan Documents (other than the Notes) will be held by the Initial Agent (or its designee) on behalf of the registered holders of the Notes.

  • In addition, after the Note A-1-1 Securitization Date, the Note A-1-1 Holder shall send a copy of the Note A-1-1 PSA to each of the parties to the Note A-1-2 PSA, Note A-1-3 PSA, Note A-2 PSA and the Note A-3 PSA.

  • The Note A-1-1 Holder shall have the right to designate the Master Servicer and Special Servicer for the Note A-1-1 Securitization as long as each such party is a Qualified Servicer.

Related to Note A-11 Securitization

  • Note A-7 Securitization means the first sale by the Note A-7 Holder of all or a portion of Note A-7 to a depositor who will in turn include such portion of Note A-7 as part of the securitization of one or more mortgage loans.

  • Note A-6 Securitization means the first sale by the Note A-6 Holder of all or a portion of Note A-6 to a depositor who will in turn include such portion of Note A-6 as part of the securitization of one or more mortgage loans.

  • Note A-5 Securitization means the first sale by the Note A-5 Holder of all or a portion of Note A-5 to a depositor who will in turn include such portion of Note A-5 as part of the securitization of one or more mortgage loans.

  • Note A-2 Securitization means the first sale by the Note A-2 Holder of all or a portion of Note A-2 to a depositor who will in turn include such portion of Note A-2 as part of the securitization of one or more mortgage loans.

  • Note A-3 Securitization means the first sale by the Note A-3 Holder of all or a portion of Note A-3 to a depositor who will in turn include such portion of Note A-3 as part of the securitization of one or more mortgage loans.