Securitization definition

Securitization means one or more sales by a Note Holder of all or a portion of such Note to a depositor, who will in turn include such portion of such Note as part of a securitization of one or more mortgage loans.
Securitization means the Note A-1 Securitization or the Note A-2 Securitization.
Securitization shall have the meaning set forth in Section 9.1 hereof.

Examples of Securitization in a sentence

  • Notwithstanding the forgoing, following the transfer of the Note to a Securitization, the Servicer for such Securitization to which the Note is transferred shall be deemed the agent of the holder(s) of the Note, and such Servicer shall be Borrower’s point of contact in connection with all matters related to the administration, servicing and payment of the Loan.

  • No release of an Individual Property shall occur on or prior to the Permitted Prepayment Date (or prior to the date that is ninety (90) days following the Permitted Prepayment Date, if Lender delivers a written notice to Borrower on or prior to the Permitted Prepayment Date stating that a Securitization is imminently pending).

  • Any certificates, notes or other securities issued in connection with a Securitization are hereinafter referred to as “Securities”.

  • Lender shall have the right, at any time and from time to time or in connection with a repurchase by Lender of any portion of the Loan in connection with a Securitization, to unilaterally require the release of any Individual Property or Borrower from the cross-defaulting and the cross-collateralization provisions effected pursuant to the grant of the Security Instrument from each Borrower and secured by the lien of the applicable Security Instrument.


More Definitions of Securitization

Securitization means a public or private offering by a Lender or any of its Affiliates or their respective successors and assigns of securities or notes which represent an interest in, or which are collateralized, in whole or in part, by the Loans and the Lender’s rights under the Credit Documents.
Securitization has the meaning specified therefor in Section 12.07(l).
Securitization means each of the Note A-1 Securitization, the Note A-2 Securitization, the Note A-3 Securitization and the Note A-4 Securitization, as applicable.
Securitization means when the Note or any portion of the Note is assigned to a REMIC or grantor trust.
Securitization means the Lead Securitization and any Non-Lead Securitization, as the context may require.
Securitization means (A) the pledge of the Loans as collateral security for loans to a Lender, or (B) a public or private offering by a Lender or any of its Affiliates or their respective successors and assigns, of securities which represent an interest in, or which are collateralized, in whole or in part, by the Loans. Confidential information shall include only such information identified as such at the time provided to Agent and shall not include information that either: (y) is in the public domain, or becomes part of the public domain after disclosure to such Person through no fault of such Person, or (z) is disclosed to such Person by a Person other than a Credit Party, provided, however, Agent does not have actual knowledge that such Person is prohibited from disclosing such information. The obligations of Agent and Lenders under this Section 12.6 shall supersede and replace the obligations of Agent and Lenders under any confidentiality agreement in respect of this financing executed and delivered by Agent or any Lender prior to the date hereof.