Principal Mortgage Documents definition

Principal Mortgage Documents is defined in Section 3.2(b).

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Principal Mortgage Documents is defined in Section 3.2(b) to the Restated Loan Agreement.

Principal Mortgage Documents with respect to a Pledged Mortgage Loan ---------------------------- means the Mortgage Note which evidences such Pledged Mortgage Loan, the Mortgage which secures such Pledged Mortgage Loan, an assignment in blank of such Mortgage Note and such Mortgage, and if the Borrower is not named payee on the face of such Mortgage Note, all intervening assignments of such Mortgage Note and such Mortgage.

Examples of Principal Mortgage Documents in a sentence

• The Borrower diligently shall pursue delivery to the Collateral Agent of all Principal Mortgage Documents pertaining to any Special Borrowings.

• This provision does not require physical separation of the Principal Mortgage Documents or Other Mortgage Documents from collateral held for other loans, but each Mortgage Loan must be maintained in a separate file folder from the documents related to any other mortgage loan.

• The Borrower may from time to time request that certain Borrowings be funded prior to the delivery to the Collateral Agent of the corresponding Principal Mortgage Documents (individually, a “Special Borrowing”; collectively, “Special Borrowings”).

• The Borrower may from time to time request that certain Borrowings be funded prior to the delivery to the Collateral Agent of the corresponding Principal Mortgage Documents (individually, a "Special Borrowing"; collectively, "Special Borrowings").

• The Custodian shall review the Principal Mortgage Documents for up to 500 Mortgage Loans delivered with any such Assignment no later than the opening of business of the Custodian on the Business Day following delivery of such Custodian Daily Report.

• The Borrower may from time to time request that certain Borrowings be funded prior to the delivery to the Collateral Agent of the corresponding Principal Mortgage Documents (individually, a "Wet Borrowing"; collectively, "Wet Borrowings").

• The Collateral Agent shall review the Principal Mortgage Documents delivered with any such Assignment before the opening of business on the next succeeding Business Day.

• Mortgage Loans for which the Principal Mortgage Documents (other than with respect to Wet Loans) and the related Purchase Date Notice Schedules are received by the Custodian subsequent to the foregoing times shall be deemed received on the next succeeding Business Day.

• The Borrower diligently shall pursue delivery to the Collateral Agent of all Principal Mortgage Documents pertaining to any Wet Borrowings.

• Each of the Sellers shall deliver to the Collateral Agent, within nine (9) Business Days after the date of origination of any Wet Loan from such Seller, the Principal Mortgage Documents relating to such Wet Loan.

More Definitions of Principal Mortgage Documents

Principal Mortgage Documents means:

Principal Mortgage Documents shall have the meaning assigned to such term in the Custodial Agreement.

Principal Mortgage Documents has the meaning specified in SECTION 3.2.

Principal Mortgage Documents means those documents listed in SECTION 3.2(A), (B) AND (C).

Principal Mortgage Documents has the meaning specified in the Security Agreement.