Outside Serviced Trust Mortgage Loan definition

Outside Serviced Trust Mortgage Loan shall have the meaning assigned thereto in the Preliminary Statement.
Outside Serviced Trust Mortgage Loan means any Trust Mortgage Loan that is subject to an Outside Servicing Agreement. The Outside Serviced Trust Mortgage Loans consist of the 1211 Avenue of the Americas Trust Mortgage Loan and the Triangle Town Center Subordinate Tranche Trust Mortgage Loan.
Outside Serviced Trust Mortgage Loan means the 000 Xxxx Xxxxxx Trust Mortgage Loan, the Courtyard by Marriott Trust Mortgage Loan, the 1345 Avenue of the Americas Trust Mortgage Loan or the Park Avenue Plaza Trust Mortgage Loan, as applicable.

Examples of Outside Serviced Trust Mortgage Loan in a sentence

  • Copies of CMSA Operating Statement Analysis Reports and CMSA NOI Adjustment Worksheets (as well as any comparable items received with respect to an Outside Serviced Trust Mortgage Loan or any related REO Property) are to be forwarded by the Master Servicer or the Special Servicer, as applicable, to each other, the Trustee and any Controlling Class Certificateholder, in each case upon request.

  • The Depositor is transferring to the Trustee (or, in the case of an Outside Serviced Trust Mortgage Loan, to the related Outside Trustee) all of its right, title and interest in and to such amounts.

  • The Outside Master Servicer and Outside Special Servicer in respect of each Outside Serviced Trust Mortgage Loan, and the depositor and trustee for any Non-Trust Mortgage Loan Securitization Trust, shall each be a third-party beneficiary to this Agreement with respect to its rights as specifically provided for herein and under the related Co-Lender Agreement.

  • Neither a Master Servicer nor the Special Servicer (in its respective capacity as such) may agree with the related Mortgagor to any modification, extension, waiver or amendment of an Outside Serviced Trust Mortgage Loan.

  • The Outside Master Servicer and Outside Special Servicer in respect of each Outside Serviced Trust Mortgage Loan shall be a third-party beneficiary to this Agreement with respect to its rights as specifically provided for herein and under the related Co-Lender Agreement.

  • The Seller is transferring to the Trustee (or, in the case of an Outside Serviced Trust Mortgage Loan, to the related Outside Trustee) all of its right, title and interest in and to such amounts.

  • Copies of CMSA Operating Statement Analysis Reports and CMSA NOI Adjustment Worksheets (as well as any comparable items received with respect to an Outside Serviced Trust Mortgage Loan or any related REO Property) are to be forwarded by the Special Servicer to the Master Servicer and by the Master Servicer to the Trustee and any Controlling Class Certificateholder, in each case upon request.

  • If Schedule VIII attached hereto does not identify any Outside Serviced Trust Mortgage Loan, then the provisions hereof specifically relating to Outside Serviced Trust Mortgage Loans and various related concepts shall be of no force and effect.

  • If Schedule VIII attached hereto identifies any Outside Serviced Trust Mortgage Loan, then such Outside Serviced Trust Mortgage Loan (and, if such Outside Serviced Trust Mortgage Loan is part of a Loan Combination, the related Outside Serviced Non-Trust Mortgage Loan(s)) will be serviced and administered in accordance with the related Outside Servicing Agreement.

  • Subject to the limitations set forth in paragraph (5), each assignment of Mortgage and assignment of Assignment of Leases from the Seller to the Trustee (or in the case of an Outside Serviced Trust Mortgage Loan, the assignment in favor of the current holder of the related Mortgage) constitutes the legal, valid and binding assignment from the Seller.


More Definitions of Outside Serviced Trust Mortgage Loan

Outside Serviced Trust Mortgage Loan means any Trust Mortgage Loan that is identified on Schedule VIII attached hereto. Notwithstanding anything herein to the contrary, the Trust Fund shall not include any Outside Serviced Trust Mortgage Loans.
Outside Serviced Trust Mortgage Loan means the ________________ Trust Mortgage Loan, the ________________ Trust Mortgage Loan or the ____________________ Trust Mortgage Loan, as applicable.
Outside Serviced Trust Mortgage Loan means the Meriden Mall Trust Mortgage Loan or the Grace Building Trust Mortgage Loan, as applicable.
Outside Serviced Trust Mortgage Loan means the One Lincoln Street Trust Mortgage Loan or the World Apparel Center Trust Mortgage Loan, as applicable.

Related to Outside Serviced Trust Mortgage Loan

  • Special Serviced Mortgage Loan The Mortgage Loans for which the Special Servicer acts as servicer pursuant to Section 3.19.

  • Serviced Mortgage Loan A Mortgage Loan that is not an Outside Serviced Mortgage Loan.

  • Subserviced Mortgage Loan Any Mortgage Loan that, at the time of reference thereto, is subject to a Subservicing Agreement.

  • Other Servicer Mortgage Loan Any of the Mortgage Loans, if any, identified in Exhibit F-2 hereto, as such Exhibit may be amended from time to time in connection with a substitution pursuant to Sections 2.02 or 2.06, which Mortgage Loan is serviced under an Other Servicing Agreement.

  • MERS Mortgage Loan Any Mortgage Loan registered with MERS on the MERS System.

  • Servicer Mortgage Loan File As defined in each of the Servicing Agreements.

  • Performing Serviced Mortgage Loan A Serviced Mortgage Loan that is not, and is not part of, a Specially Serviced Loan or REO 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.

  • Non-MERS Mortgage Loan Any Mortgage Loan other than a MERS Mortgage Loan.

  • Nonsubserviced Mortgage Loan Any Mortgage Loan that, at the time of reference thereto, is not subject to a Subservicing Agreement.

  • Subsequent Mortgage Loan A Mortgage Loan sold by the Depositor to the Trust Fund pursuant to Section 2.08, such Mortgage Loan being identified on the Mortgage Loan Schedule attached to a Subsequent Transfer Instrument.

  • ARD Mortgage Loan Any Mortgage Loan that is identified as having an Anticipated Repayment Date and a Revised Rate on the Mortgage Loan Schedule.

  • Pool 1 Mortgage Loans Any Mortgage Loan in Pool 1.

  • REO Mortgage Loan Any Mortgage Loan which is not a Liquidated Loan and as to which the indebtedness evidenced by the related Mortgage Note is discharged and the related Mortgaged Property is held as part of the Trust Estate.

  • Wet-Ink Mortgage Loan means a Mortgage Loan which Seller is selling to Buyer simultaneously with the origination thereof.

  • Special Hazard Mortgage Loan A Liquidated Mortgage Loan as to which a Special Hazard Loss has occurred.

  • Eligible Mortgage Loan means a Mortgage Loan:

  • Specially Serviced Mortgage Loan means the Mortgage Loan during the period it is serviced by the Special Servicer following a Servicing Transfer Event.

  • Group 4 Mortgage Loan Each Mortgage Loan listed on Exhibit D-4 hereto.

  • Group I Mortgage Loan A Mortgage Loan assigned to Loan Group I. All Group I Mortgage Loans have a principal balance at origination that conforms to Xxxxxxx Mac loan limits.

  • Group 2 Mortgage Loan Each Mortgage Loan listed on Exhibit D-2 hereto.

  • Group II Mortgage Loan A Mortgage Loan assigned to Loan Group II with a Stated Principal Balance at origination that may or may not conform to Xxxxxx Mae and Xxxxxxx Mac loan limits.

  • Subsequent Mortgage Loans means, for purposes of this Agreement, the Subsequent Mortgage Loans listed in the Subsequent Mortgage Loan Schedule attached hereto as Schedule I.

  • Mortgage Loan File As defined in Section 2.1(b) and any additional documents required to be added to the Mortgage Loan File pursuant to this Agreement.

  • ARM Mortgage Loan A Mortgage Loan pursuant to which the interest rate shall be adjusted from time to time in accordance with the related Mortgage Note.

  • Covered Mortgage Loan Any Mortgage Loan that is covered by a PMI Policy.