Pledged Mortgages definition

Pledged Mortgages has the meaning set forth in Section 3.1(a) hereof.

Pledged Mortgages means all Mortgages and Mortgage Notes (1) covered by or referred to or intended to be included, in a loan request, or (2) for which any of the documentation related thereto is received by the Custodian under or pursuant to the Custodian Agreement or any of the Loan Documents, or (3) which are the subject of the Wet Closing provisions of this Agreement.

Pledged Mortgages means Mortgage Loans that are from time to time designated by the Company or any Borrowing Subsidiary and the Required Mortgage Documents in respect of which are required to be delivered to the Collateral Agent pursuant to any of this Agreement or the Security Agreement, including all Required Mortgage Documents related thereto.

Examples of Pledged Mortgages in a sentence

• The Lender or its designee exclusively shall deliver Pledged Mortgages or Pledged Securities to (a) an Investor that has issued a Purchase Commitment with respect thereto for its examination and purchase, or (b) an Approved Custodian for purposes of examination or delivery in connection with the issuance of Mortgage-backed Securities.

• On or before [noon California time] on the Determination Date, the Master Servicer shall provide by modem to the Trustee with respect to the Pledged Mortgages, an electronic data file (accompanied by a hardcopy report) in a format which is mutually agreed upon by the Master Servicer and the Trustee.

• The Issuer shall cause the Assignments of the Pledged Mortgages securing the Bonds to be duly recorded in the manner specified in Section 2(a)(i) of the Master Servicing Agreement.

• Directly or indirectly sell or finance Pledged Mortgages under any Gestation Agreements.

• Notwithstanding the foregoing, the failure of the Issuer to pay when and as due any installment of principal of (regardless of the lapse of any grace period) any Senior Bond shall not constitute an Event of Default hereunder unless the Senior Class Principal Amount exceeds the aggregate Stated Principal Balances of the Pledged Mortgages after application of all available amounts on deposit in the Distribution Account on a Payment Date.

More Definitions of Pledged Mortgages

Pledged Mortgages means those [fixed/floating] rate, [fully-amortizing] conventional mortgage loans secured by first liens on one- to four-family residences as are Granted to the Indenture Trustee pursuant to the Indenture (including any REO Property).

Pledged Mortgages. Such of the mortgage loans Granted to the Trustee pursuant to the provisions hereof as from time to time are held as a part of the Trust Estate (including any REO Property), the mortgage loans so held being identified in the Schedule of Pledged Mortgages, notwithstanding foreclosure or other acquisition of title of the related Mortgaged Property.

Pledged Mortgages means, for any day, all of the Obligors' Mortgage Loans that have been -- and still are -- pledged to the Agent on that day.

Pledged Mortgages has the meaning set forth in Section hereof.

Pledged Mortgages means the mortgages described on Schedule 4 and collaterally assigned to Lender pursuant to the Collateral Assignments of Mortgage.

Pledged Mortgages has the meaning set forth in Section 3.3(a) hereof.

Pledged Mortgages means all Mortgages, Mortgage Notes and other documents and instruments evidencing or securing the Mortgage Loans, including Eligible Mortgage Loans, which Borrower has pledged as Collateral for the Loan.