Prudential Loans definition

Prudential Loans has the meaning specified in the Intercreditor Agreement.
Prudential Loans means the advances made to the Borrower pursuant to that certain Second Consolidated, Amended and Restated Note Agreement dated September __, 2002, with The Prudential Insurance Company of America ("Prudential") and the Gateway Recovery Trust.
Prudential Loans means, collectively, those Mortgage Loans sold to the Depositor pursuant to the Mortgage Loan Purchase Agreement IV and shown on Schedule IV hereto.

Examples of Prudential Loans in a sentence

  • The Paying Agent shall maintain the Interest Reserve Accounts with respect to non-Prudential Loans and the Paying Agent shall maintain the Interest Reserve Accounts with respect to the Prudential Loans.

  • The General Master Servicer shall maintain the Certificate Account with respect to all of the Mortgage Loans (other than the Prudential Loans) and the Prudential Master Servicer shall maintain the Certificate Account with respect to the Prudential Loans.

  • With respect to the Prudential Loans, the applicable Inspection Reports shall be available for review by the Trustee, the Special Servicer, the Rating Agencies, the Placement Agent, the Underwriters, the Depositor, the Paying Agent, the Operating Adviser, any Certificate Owner, any Seller and any Primary Servicer via password protocol and execution of an agreement relating thereto on the Prudential Master Servicer's Website.

  • P&I Advances and Servicing Advances shall be made as provided herein by the General Master Servicer and the Prudential Master Servicer (with respect to the Prudential Loans) and, if the applicable Master Servicer does not make such Advances, by the Trustee, except to the extent that the applicable Master Servicer or the Trustee determines in accordance with Section 4.4 below, that any such Advance would be a Nonrecoverable Advance.

  • The General Master Servicer shall also be entitled to the Primary Servicing Fee (except with respect to the Prudential Loans), which shall be payable by the Trust from amounts held in the applicable Certificate Account (or a sub-account thereof) or otherwise collected from the Mortgage Loans as provided in Section 5.2, provided that the Primary Servicing Fee payable to the General Master Servicer shall only be collected from the Mortgage Loans set forth on Schedule III and Schedule VI.

  • The General Master Servicer shall be the Master Servicer with respect to all the Mortgage Loans (other than the Prudential Loans), the Serviced Companion Loans and other assets in the Trust (other than the Prudential Trust Assets) and, as such, shall service and administer such assets as shall be required of the Master Servicer hereunder with respect to such Trust assets.

  • The Capmark Master Servicer shall be the Master Servicer with respect to the Mortgage Loans other than the Prudential Loans, the related Serviced Companion Loans (if applicable) and other assets in the Trust (other than the Prudential Trust Assets) and, as such, shall service and administer such assets as shall be required of the Master Servicer hereunder with respect to such Trust assets.

  • The Capmark Master Servicer shall maintain the Certificate Account with respect to the Mortgage Loans other than the Prudential Loans, and the Prudential Master Servicer shall maintain the Certificate Account with respect to the Prudential Loans other than the Non-Trust Serviced Mortgage Loan.

  • The Prudential Master Servicer shall be the Master Servicer with respect to the Prudential Loans and, as such, shall service and administer the Prudential Trust Assets as shall be required of such Master Servicer hereunder with respect to the Prudential Trust Assets.

  • With respect to the Prudential Loans, the applicable Inspection Reports shall be available for review by the Trustee, the applicable Special Servicer, the Rating Agencies, the Placement Agent, the Underwriters, the Depositor, the Paying Agent, the Operating Adviser, any Certificate Owner, any Seller and any Primary Servicer via password protocol and execution of an agreement relating thereto on the Prudential Master Servicer's website.


More Definitions of Prudential Loans

Prudential Loans means, collectively, those Mortgage Loans sold to the Depositor pursuant to the Mortgage Loan Purchase Agreement III and shown on Schedule III hereto.
Prudential Loans means the advances made to the Borrower pursuant to that certain Note Purchase and Private Shelf Agreement dated February 11, 1997, with The Prudential Insurance Company of America ("Prudential"), those certain Note Agreements dated November 4, 1988 and June 3, 1991 with Prudential, and that certain Note Agreement dated November 4, 1988 with Pruco Life Insurance Company.
Prudential Loans are deleted in their entirety from Section 1.1.

Related to Prudential Loans

  • Initial Loans means the Eligible Loans evidenced by the Notes sold on the Closing Date pursuant to the Initial Purchase Agreement and related documentation, together with any guaranties and other rights relating thereto including, without limitation, Interest Subsidy Payments and Special Allowance Payments.

  • Original Loans means the loans and other extensions of credit outstanding under the Original Credit Agreement as of the Effective Date.

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • Initial Loan is defined in Section 2.1.

  • Lender PMI Loans Mortgage Loans with respect to which the lender rather than the borrower acquired the primary mortgage guaranty insurance and charged the related borrower an interest premium.

  • Commercial loan means a loan that is not made primarily for

  • Failed Bank Advances means the total sums paid by the Failed Bank to (i) protect its lien position, (ii) pay ad valorem taxes and hazard insurance, and (iii) pay credit life insurance, accident and health insurance, and vendor's single interest insurance.

  • Additional Loans means any Additional Revolving Loans and any Additional Term Loans.

  • Replacement Loans has the meaning specified in Section 10.01.

  • Total Loans at any time, the aggregate principal amount of the Loans of the Lenders outstanding at such time (after converting the outstanding principal amount of any Loans denominated in the Optional Currency into the Dollar Equivalent thereof at such time).

  • Bank Loans means debt obligations (including, without limitation, term loans, revolving loans, debtor-in-possession financings, the funded and unfunded portion of revolving credit lines and letter of credit facilities and other similar loans and investments including interim loans and senior subordinated loans) which are generally under a syndicated loan or credit facility.

  • Originating Lender has the meaning specified therefor in Section 13.1(e) of the Agreement.

  • Second Lien Loans means the “Loans” as defined in the Second Lien Credit Agreement and shall, for the avoidance of doubt, include Incremental Second Lien Loans.

  • Management Advances means loans or advances made to, or Guarantees with respect to loans or advances made to, directors, officers, employees or consultants of any Parent, the Company or any Restricted Subsidiary:

  • VA Loan means a Mortgage Loan which is subject of a VA Loan Guaranty Agreement as evidenced by a loan guaranty certificate, or a Mortgage Loan which is a vendor loan sold by the VA.

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Eligible Loans has the meaning specified in any of the Purchase Agreements or the Sale Agreement, as applicable.

  • or "Loans means and includes without limitation any and all commercial loans and financial accommodations from Lender to Borrower, whether now or hereafter existing, and however evidenced, including without limitation those loans and financial accommodations described herein or described on any exhibit or schedule attached to this Agreement from time to time.

  • Delayed Draw Term Loans has the meaning as set forth in Section 2.5(a).

  • Senior Loans means the loans and other extensions of credit made by the Senior Lenders to Borrower pursuant to the Senior Credit Agreement.

  • Funding Loan means the Funding Loan in the original maximum principal amount of $ made by Funding Lender to Governmental Lender under the Funding Loan Agreement, the proceeds of which are used by the Governmental Lender to make the Borrower Loan.

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • Existing Loans shall have the meaning assigned to such term in Section 2.21(a).

  • Original Loan shall have the meaning set forth in the recitals hereto.

  • Lender-Paid Mortgage Insurance Loan Each of the Mortgage Loans identified on the Mortgage Loan Schedule as having a Lender-Paid Mortgage Insurance Rate.

  • Term Loan as defined in Section 2.1.