securitised loans definition

securitised loans means, at any time, a Loan which, at that time, is secured under a Securitisation;
securitised loans means a securitisation as defined in Article 2, point (1) of Regulation (EU) 2017/2402 of the European Parliament and of the Council25 with CRE loans as underlying assets;
securitised loans means the Senior Tranches of each Tranched Loan as at the Cut-Off Date, and the South Quay Plaza Loan.