Purchased Asset Documents definition

Purchased Asset Documents means, with respect to a Purchased Asset, the documents comprising the Purchased Asset File for such Purchased Asset.

Purchased Asset Documents means, with respect to a Purchased Asset, the documents specified in Schedule 2.

Purchased Asset Documents. Individually or collectively, as the context may require, the related Mortgage Loan Documents and/or the related Senior Interest Documents.

Examples of Purchased Asset Documents in a sentence

• No person other than the holder of such Purchased Asset may declare any event of default under the Purchased Asset or accelerate any indebtedness under the Purchased Asset Documents.

• The terms of the Purchased Asset Documents require the Mortgagor to comply in all material respects with all applicable governmental regulations, zoning and building laws.

• None of the Purchased Asset Documents has any marks or notations indicating that it has been sold, assigned, pledged, encumbered or otherwise conveyed to any Person other than Buyer.

• No other escrow amounts have been released except in accordance with the terms and conditions of the Purchased Asset Documents.

• The Purchased Asset Documents for each Purchased Asset that is secured by a hospitality property operated pursuant to a franchise agreement includes an executed comfort letter or similar agreement signed by the Mortgagor and franchisor of such property enforceable against such franchisor, either directly or as an assignee of the originator.

More Definitions of Purchased Asset Documents

Purchased Asset Documents. Individually or collectively, as the context may require, the related Mortgage Loan Documents, Senior Interest Documents, Junior Interest Documents, Mezzanine Loan Documents and/or Mezzanine Participation Documents, evidencing, governing or relating to such Purchased Asset, each as amended, modified and/or restated from time to time (with Buyer’s consent as and to the extent required under this Agreement).

Purchased Asset Documents shall have the meaning specified in Section 7(b) of this Agreement.

Purchased Asset Documents. As described in Appendix 1 hereto Purchase Date: [ ] [ ], 20[ ] Repurchase Date: [ ] [ ], 20[ ] Purchase Price: $ Seller hereby certifies as follows, on and as of the above Purchase Date with respect to each Purchased Asset described in this Confirmation:

Purchased Asset Documents. As described in Appendix 1 hereto Future Funding Date: [ ] [ ], 20[ ] Purchase Price: $ Future Funding Amount: $ Borrower: $ Seller hereby certifies as follows, on and as of the above Future Funding Date with respect to the Purchased Asset described in this Confirmation:

Purchased Asset Documents. With respect to each Eligible Asset:

Purchased Asset Documents. As described in Appendix 1 hereto Future Funding Date: [ ] [ ], 20[ ] Outstanding principal balance prior to future advance: $ Future advance amount to Underlying Obligor: $ Outstanding principal balance after future advance: $ Purchase Price prior to Future Funding Amount: $ Purchase Price after Future Funding Amount: $ Future Funding Amount: $ Borrower: Seller hereby certifies as follows, on and as of the above Future Funding Date with respect to the Purchased Asset described in this Confirmation:

Purchased Asset Documents means, with respect to a Purchased Asset, the documents (including any Mezzanine Loan Documents contained therein, if applicable) comprising the Purchased Asset File for such Purchased Asset upon its release pursuant to Article 7(b).