Received by the Trust definition

Received by the Trust. In the case of (a) a Non-Trust-Serviced Pooled Mortgage Loan or any REO Property related thereto, received by the Trustee (or the applicable Master Servicer on behalf of the Trustee), as holder of the Mortgage Note for such Non-Trust-Serviced Pooled Mortgage Loan, on behalf of the Trust; and (b) any Serviced Mortgage Loan or related Administered REO Property, received by the applicable Master Servicer (or any Sub-Servicer thereof), the applicable Special Servicer (or any Sub-Servicer thereof) or the Trustee, as the case may be, on behalf of the Trust and/or, in connection with a Serviced Loan Combination, the related Serviced Pari Passu Companion Loan Holder(s).
Received by the Trust means: (a) in the case of an Outside Serviced Trust Mortgage Loan or any related REO Property, received by the Trustee (or the Master Servicer on behalf of the Trustee), as holder of the Mortgage Note for such Outside Serviced Trust Mortgage Loan, on behalf of the Trust; and (b) in the case of any other Trust Mortgage Loan or REO Property, received by the Master Servicer or any of its Sub-Servicers, the Special Servicer or any of its Sub-Servicers or the Trustee, as the case may be, in any event on behalf of the Trust.
Received by the Trust. Received by the Master Servicer (or any Sub-Servicer thereof), the Special Servicer (or any Sub-Servicer thereof) or the Trustee, as the case may be, on behalf of the Trust.

Examples of Received by the Trust in a sentence

  • It is the intention of the parties hereto that any Loss of Value Payments Received by the Trust pursuant to Section 2.03(e), together with the Loss of Value Reserve Fund, shall collectively constitute an "outside reserve fund" within the meaning of Treasury regulation section 1.860G-2(h).

  • The parties hereto acknowledge that, with regard to each Outside Serviced Trust Mortgage Loan, as and to the extent provided in the related Outside Servicing Agreement and/or the related Co-Lender Agreement, as applicable, amounts in the nature of the foregoing may be payable to one of the related Outside Servicers, and there can be no assurance that any related Prepayment Interest Excesses and/or Default Charges shall be Received by the Trust with respect to an Outside Serviced Trust Mortgage Loan.

  • The parties hereto acknowledge that, with regard to each Outside Serviced Trust Mortgage Loan, as and to the extent provided in the related Outside Servicing Agreement and/or the -210- related Co-Lender Agreement, as applicable, amounts in the nature of the foregoing may be payable to one of the related Outside Servicers, and there can be no assurance that any related Prepayment Interest Excesses and/or Default Charges shall be Received by the Trust with respect to an Outside Serviced Trust Mortgage Loan.

  • It is the intention of the parties hereto that the segregated pool of assets consisting of any collections of Additional Interest Received by the Trust on the ARD Trust Mortgage Loans and any successor REO Trust Mortgage Loans with respect thereto constitute a grantor trust for federal income tax purposes.

  • All amounts Received by the Trust with respect to the GIC Office Trust Mortgage Loan shall be allocated among interest, principal and/or prepayment consideration due thereon in accordance with the terms of any distribution date statement or servicer report received from the GIC Office Servicers with respect to the GIC Office Trust Mortgage Loan and, in the absence of any such statement or report, in accordance with Section 4.01 of the GIC Office Co-Lender Agreement.


More Definitions of Received by the Trust

Received by the Trust. The receipt of any particular amount or item: (a) in the case of an Outside Serviced Trust Mortgage Loan or any related REO Property, subject to the last sentence of Section 3.02(b), by the Trustee (or by Master Servicer No. 1 or the Certificate Administrator on behalf of the Trustee), as holder of the Mortgage Note for such Outside Serviced Trust Mortgage Loan, on behalf of the Trust; and (b) in the case of any other Trust Mortgage Loan or REO Property, by the applicable Master Servicer or any of its Sub-Servicers, the Special Servicer or any of its Sub-Servicers, the Certificate Administrator or the Trustee, as the case may be, in any event on behalf of the Trust.
Received by the Trust means, in the case of any Trust Mortgage Loan or REO Property, received by the Master Servicer or any of its Sub-Servicers, the Special Servicer or any of its Sub-Servicers or the Trustee, as the case may be, in any event on behalf of the Trust.
Received by the Trust. In the case of (a) a Non-Trust-Serviced Pooled Mortgage Loan or any REO Property related thereto, received by the Trustee (or the Master Servicer on behalf of the Trustee), as holder of the Mortgage Note for such Non-Trust-Serviced Pooled Mortgage Loan, on behalf of the Trust; and (b) any Serviced Mortgage Loan, Serviced Loan Combination or related Administered REO Property, received by the Master Servicer (or any Sub-Servicer thereof), the Special Servicer (or any Sub-Servicer thereof) or the Trustee, as the case may be, on behalf of the Trust (including, in the case of the St. ▇▇▇▇▇ Town Center Loan Combination, amounts in respect of the Trust Subordinate Companion Loan, and/or, in connection with a Serviced Loan Combination, the related Serviced Pari Passu Companion Loan Holder(s)).
Received by the Trust. In the case of any Mortgage Loan or related REO Property, received by the Master Servicer (or any Sub-Servicer thereof), the Special Servicer (or any Sub-Servicer thereof) or the Trustee, as the case may be, on behalf of the Trust.
Received by the Trust means: (a) in the case of the ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ Trust Mortgage Loan or any ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ REO Property, received by the Trustee (or the Master Servicer on behalf of the Trustee), as holder of the Mortgage Note for the ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ Trust Mortgage Loan, on behalf of the Trust; and (b) in the case of any other Trust Mortgage Loan or REO Property, received by the Master Servicer or any of its Sub-Servicers, the Special Servicer or any of its Sub-Servicers or the Trustee, as the case may be, in any event on behalf of the Trust.
Received by the Trust means: (a) in the case of the Two Penn Plaza Trust Mortgage Loan or any Two Penn Plaza REO Property, received by the Trustee (or the Master Servicer on behalf of the Trustee), as holder of the Mortgage Note for the Two Penn Plaza Trust Mortgage Loan, on behalf of the Trust; and (b) in the case of any other Trust Mortgage Loan or REO Property, received by the Master Servicer or any of its Sub-Servicers, the Special Servicer or any of its Sub-Servicers or the Trustee, as the case may be, in any event on behalf of the Trust.
Received by the Trust. In the case of: (a) the 1290 Avenue of the Americas Pooled Mortgage Loan or any 1290 Avenue of the Americas REO Property, received by the Trustee (or the applicable Master Servicer on behalf of the Trustee), as holder of the Mortgage Note for the 1290 Avenue of the Americas Pooled Mortgage Loan, on behalf of the Trust; and (b) any Serviced Pooled Mortgage Loan or Administered REO Property, received by a Master Servicer or any of its Sub-Servicers, the Special Servicer or the Trustee, as the case may be, in any event on behalf of the Trust.