Outside Serviced Loan Combination. Any Loan Combination that is not serviced under this Agreement, but instead is being serviced pursuant to the pooling and servicing agreement, trust and servicing agreement or other comparable agreement governing the securitization of a related Companion Loan (whether by itself or with other mortgage assets), or pursuant to any successor servicing agreement contemplated by the related Co-Lender Agreement. The only Outside Serviced Loan Combinations related to the Trust as of Closing Date are the Loan Combinations as to which “Outside Serviced” is set forth in the Loan Combination Table under the column heading “Servicing Type.” Each Servicing Shift Loan Combination shall be an Outside Serviced Loan Combination on and after the related Servicing Shift Date.
Outside Serviced Loan Combination means a Loan Combination that includes an Outside Serviced Trust Mortgage Loan and as to which most material servicing functions are being performed under an Outside Servicing Agreement. The only Outside Serviced Loan Combination is the 000 Xxxxxxx Xxxxxx Loan Combination.
Outside Serviced Loan Combination. Any Loan Combination that is not serviced under this Agreement, but instead is being serviced pursuant to the pooling and servicing agreement or other comparable agreement governing the securitization of a related Companion Loan (whether by itself or with other mortgage assets), or pursuant to any successor servicing agreement contemplated by the related Co-Lender Agreement. The only Outside Serviced Loan Combinations related to the Trust as of the Closing Date are the 5 Penn Plaza Loan Combination, the 000 Xxxxxxx Xxxxxx Loan Combination, the Heritage Industrial Portfolio Loan Combination and the One Court Square Loan Combination. The 000 Xxxxxxxx Loan Combination shall be an Outside Serviced Loan Combination on and after the 000 Xxxxxxxx Controlling Note Securitization Date. The Home Depot - Elk Grove Village Loan Combination shall be an Outside Serviced Loan Combination on and after the Home Depot - Elk Grove Village Controlling Note Securitization Date.
Examples of Outside Serviced Loan Combination in a sentence
The parties further recognize the respective rights and obligations of the related Outside Trustee and/or the Outside Serviced Companion Loan Holders (or the representatives thereof) under each respective Co-Lender Agreement including with respect to the allocation of collections on or in respect of an Outside Serviced Loan Combination in accordance with the related Co-Lender Agreement.
Notwithstanding anything to the contrary herein, the Special Servicer shall not be entitled to any Special Servicing Fees, Workout Fees or Liquidation Fees with respect to any Mortgage Loan or REO Mortgage Loan or comparable deemed mortgage loan comprising an Outside Serviced Loan Combination.
Neither the Master Servicer nor the Special Servicer (in its capacity as such) may agree with the related Mortgagor to any modification, extension, waiver or amendment of a Mortgage Loan in an Outside Serviced Loan Combination.
Neither the Master Servicer nor the Special Servicer (in its capacity as such) may agree to any modification, extension, waiver or amendment of a Mortgage Loan in an Outside Serviced Loan Combination.
The Trust Fund shall also include one (1) or more Loan Combination Trust Mortgage Loans (each, an "Outside Serviced Trust Mortgage Loan") that will, in each such case, be part of a Loan Combination (an "Outside Serviced Loan Combination") as to which most material servicing functions with respect thereto and any related REO Property will be performed pursuant to an Outside Servicing Agreement.
More Definitions of Outside Serviced Loan Combination
Outside Serviced Loan Combination. Any Loan Combination that is not serviced under this Agreement, but instead is being serviced pursuant to the pooling and servicing agreement or other comparable agreement governing the securitization of a related Companion Loan (whether by itself or with other mortgage assets), or pursuant to any successor servicing agreement contemplated by the related Co-Lender Agreement. The only Outside Serviced Loan Combinations related to the Trust as of the Closing Date are the 000 Xxxx 00xx Xxxxxx Retail Condo Loan Combination, the Greenwich Office Park Loan Combination, the 000 Xxxxxxxxxx Xxxxxx Loan Combination, the QLIC Loan Combination, the Novo Nordisk Loan Combination, the Rentar Plaza Loan Combination and the Parts Consolidation Center Loan Combination. Each Servicing Shift Loan Combination shall be an Outside Serviced Loan Combination on and after the related Servicing Shift Date.
Outside Serviced Loan Combination. Any Loan Combination that is not serviced under this Agreement, but instead is being serviced pursuant to the pooling and servicing agreement or other comparable agreement governing the securitization of a related Companion Loan (whether by itself or with other mortgage assets), or pursuant to any successor servicing agreement contemplated by the related Co-Lender Agreement. The only Outside Serviced Loan Combinations related to the Trust as of the Closing Date are the 000 Xxxx 00xx Xxxxxx Retail Condo Loan Combination, the 00 Xxxxx Xxxxxx Loan Combination, the Prudential Plaza Loan Combination, the Hilton Hawaiian Village Waikiki Beach Resort Loan Combination, the 000 Xxxxx Xxxxxx Loan Combination, the 8 Times Square & 0000 Xxxxxxxx Loan Combination and the Marriott Hilton Head Resort & Spa Loan Combination. Each Servicing Shift Loan Combination shall be an Outside Serviced Loan Combination on and after the related Servicing Shift Controlling Pari Passu Companion Loan Securitization Date.
Outside Serviced Loan Combination. Any Loan Combination that is not serviced under this Agreement, but instead is being serviced pursuant to the pooling and servicing agreement or other comparable agreement governing the securitization of a related Companion Loan (whether by itself or with other mortgage assets), or pursuant to any successor servicing agreement contemplated by the related Co-Lender Agreement. The only Outside Serviced Loan Combinations related to the Trust as of the Closing Date are the Glenbrook Square Loan Combination, the Westin Boston Waterfront Loan Combination, the 000 Xxxx 00xx Xxxxxx & 000 Xxxx 00xx Xxxxxx Loan Combination, the South Plains Mall Loan Combination, the GSA Portfolio Loan Combination, the Heinz 57 Center Loan Combination, the Element LA Loan Combination and the DoubleTree Hotel Universal Loan Combination.
Outside Serviced Loan Combination. Any Loan Combination that is not serviced under this Agreement, but instead is being serviced pursuant to the pooling and servicing agreement or other comparable agreement governing the securitization of a related Companion Loan (whether by itself or with other mortgage assets), or pursuant to any successor servicing agreement contemplated by the related Co-Lender Agreement. The only Outside Serviced Loan Combination related to the Trust as of the Closing Date is the 3 Xxxxxxxx Xxxxxx Xoan Combination. The Eastmont Town Center Loan Combination shall be an Outside Serviced Loan Combination on and after the Eastmont Town Center Controlling Note Securitization Date.
Outside Serviced Loan Combination shall have the meaning assigned thereto in the Preliminary Statement.
Outside Serviced Loan Combination. Any Loan Combination that is not serviced under this Agreement, but instead is being serviced pursuant to the pooling and servicing agreement or other comparable agreement governing the securitization of a related Companion Loan (whether by itself or with other mortgage assets), or pursuant to any successor servicing agreement contemplated by the related Co-Lender Agreement. The only Outside Serviced Loan Combinations related to the Trust as of the Closing Date are the 225 & 000 Xxxx Xxxxxx Xxxxx Loan Combination, the General Motors Building Loan Combination, the Mall of Louisiana Loan Combination, the Starwood Capital Group Hotel Portfolio Loan Combination, the Lakeside Shopping Center Loan Combination, the Long Island Prime Portfolio - Uniondale Loan Combination, the Scripps Center Loan Combination, the Atlanta and Anchorage Hotel Portfolio Loan Combination and the 000 Xxxx Xxxxxx Loan Combination. Each Servicing Shift Loan Combination shall be an Outside Serviced Loan Combination on and after the related Servicing Shift Date.
Outside Serviced Loan Combination. Any Loan Combination that is not serviced under this Agreement, but instead is being serviced pursuant to the pooling and servicing agreement or other comparable agreement governing the securitization of a related Companion Loan (whether by itself or with other mortgage assets), or pursuant to any successor servicing agreement contemplated by the related Co-Lender Agreement. The only Outside Serviced Loan Combination related to the Trust as of the Closing Date is the Twin Cities Premium Outlets Loan Combination.