Securitized Notes definition

Securitized Notes shall have the meaning set forth in Section 4.21.
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Securitized Notes means any and all the individual notes which from time to time are held by the Grantor Trust. Securitized Note Schedule as defined in Section 6.2.15. Securitized Property and Securitized Properties shall mean from time to time each real estate property, together with all improvements, fixtures, equipment, and personalty relating to such property which secures any Securitized Note, with the Securitized Properties as of the date hereof being listed on Exhibit O hereto. Security Documents shall mean, collectively, the NMLP Security Documents and the T-Two Security Documents. Servicer presently Midland Loan Services, Inc., shall have the meaning provided in the Grantor Trust Agreement. Shortfall Amount shall mean, with respect to any sale, transfer, refinance or other disposition of a Securitized Property which is owned by a NMLP Partnership which results in a discharge or release of the applicable Securitized Mortgage on such Securitized Property, the excess (if any) of (a) the aggregate Allocated Payment Amounts for such Securitized Property(ies), over (b) the aggregate of (i) all applicable T-Two Mandatory Principal Prepayments received by the Administrative Agent under Section 2.3.8(c) with respect to such Securitized Properties (including the payment made or to be made as a result of the subject transaction), plus (ii) all NMLP Mandatory Principal Prepayments received by the Administrative Agent with respect to any Securitized Property which secures such Securitized Note (excluding the payment made or to be made as a result of the subject transaction). Single-Purpose Entity shall mean, with respect to a Person, that such Person has Formation Documents which contain generally the following provisions (with such variations as required by the provisions of the First Mortgage Debt), and has agreed to abide by such terms and conditions:
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Securitized Notes means the individual notes for each applicable Net Lease Partnership held by the Grantor Trust.
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Examples of Securitized Notes in a sentence

  • A first priority pledge and collateral assignment granted by T-Two to the Administrative Agent, on behalf of the Lenders, of all of T-Two’s right, title, and interest to and in the Grantor Trust, the Securitized Notes, the Securitized Mortgages and the other Securitization Documents.

  • A first priority pledge and collateral assignment granted by T-Two to the Agent, on behalf of the Lenders, of all of T-Two's right, title, and interest to and in the Grantor Trust, the Securitized Notes, the Securitized Mortgages and the other Securitization Documents.

  • In connection with the obligation of the Master Servicer to make P&I Advances with respect to the Fashion Show Mall Securitized Notes following a monetary event default or other material event of default under the related Mortgage Loan, the Master Servicer shall make such P&I Advances in an amount equal to the entire scheduled delinquent Monthly Payment or Assumed Monthly Payment due or deemed due, as the case may be, with respect to the Fashion Show Mall Securitized Notes.


More Definitions of Securitized Notes

Securitized Notes means any and all the individual notes which from time to time are held by the "Grantor Trust" established by that certain Second Amended and Restated Grantor Trust Agreement dated April 1, 1999 among and between NK-CR T1 Seller LLC, T-Two Partners, L.P., Midland Loan Services, Inc., and LaSalle National Bank, all as provided therein, as amended by that certain Amendment No. 1 To Second Amended and Restated Grantor Trust Agreement dated as of November 24, 2003, as same may be amended, modified, supplemented, or replaced from time to time.
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Securitized Notes means any and all the individual notes which from time to time are held by the Newkirk Grantor Trust.
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Securitized Notes means any and all the individual notes which from time to time are held by the Grantor Trust. Securitized Property and Securitized Properties shall mean from time to time each real estate property, together with all improvements, fixtures, equipment, and personalty relating to such property which secures any Securitized Note, with the Securitized Properties as of the date hereof being listed on Exhibit N hereto. Security Documents shall mean, collectively, the NMLP Security Documents and the T-Two Security Documents. Servicer presently Midland Loan Services, Inc., shall have the meaning provided in the Grantor Trust Agreement. Shortfall Amount shall mean, with respect to any sale, transfer, refinance or other disposition of a Securitized Property which is owned by a NMLP Partnership which results in a discharge or release of the applicable Securitized Mortgage on such Securitized Property, the excess (if any) of (a) the Allocated Payment Amount for the Securitized Note secured by such Securitized Property, over (b) the aggregate of (i) all applicable T-Two Mandatory Principal Prepayments received by the Agent under Section 2.3.8(iii)(a) with respect to such Securitized Note (including the payment made or to be made as a result of the subject transaction), plus (ii) all NMLP Mandatory Principal Prepayments received by the Agent with respect to any Securitized Property which secures such Securitized Note (excluding the payment made or to be made as a result of the subject transaction).
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Related to Securitized Notes

  • Securitization Bonds means the securitization bonds authorized by the Financing Order and issued under the Indenture.

  • Asset Backed Notes (the “Class A-1 Notes”), “Class A-2 1.19% Asset Backed Notes” (the “Class A-2 Notes”), “Class A-3 1.55% Asset Backed Notes” (the “Class A-3 Notes”), “Class B 2.45% Asset Backed Notes” (the “Class B Notes”), “Class C 3.44% Asset Backed Notes” (the “Class C Notes”), “Class D 5.05% Asset Backed Notes” (the “Class D Notes”) and “Class E 6.76% Asset Backed Notes” (the “Class E Notes”) (the Class A-1 Notes, the Class A-2 Notes, the Class A-3 Notes, the Class B Notes, the Class C Notes, the Class D Notes and the Class E Notes, the “Notes”). This Certificate is issued under and is subject to the terms, provisions and conditions of the Trust Agreement, to which Trust Agreement the holder of this Certificate by virtue of the acceptance hereof assents and by which such holder is bound. The property of the Trust includes a pool of retail installment sale contracts secured by new and used automobiles, vans or light duty trucks (the “Receivables”), all monies due thereunder on or after the Cutoff Date, security interests in the vehicles financed thereby, certain bank accounts and the proceeds thereof, proceeds from claims on certain insurance policies and certain other rights under the Trust Agreement and the Sale and Servicing Agreement, all right, title and interest of the Seller in and to the Purchase Agreement dated as of October 26, 2011 between AmeriCredit Financial Services, Inc. and the Seller and all proceeds of the foregoing. The holder of this Certificate acknowledges and agrees that its rights to receive distributions in respect of this Certificate are subordinated to the rights of the Noteholders as described in the Sale and Servicing Agreement, the Indenture and the Trust Agreement, as applicable. Distributions on this Certificate will be made as provided in the Trust Agreement or any other Basic Document by wire transfer or check mailed to the Certificateholder without the presentation or surrender of this Certificate or the making of any notation hereon. Except as otherwise provided in the Trust Agreement and notwithstanding the above, the final distribution on this Certificate will be made after due notice by the Servicer on behalf of the Owner Trustee of the pendency of such distribution and only upon presentation and surrender of this Certificate at the office or agency maintained for the purpose by the Owner Trustee in the Corporate Trust Office. Reference is hereby made to the further provisions of this Certificate set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place. Unless the certificate of authentication hereon shall have been executed by an authorized officer of the Owner Trustee, by manual signature, this Certificate shall not entitle the holder hereof to any benefit under the Trust Agreement or the Sale and Servicing Agreement or be valid for any purpose. THIS CERTIFICATE SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF DELAWARE, WITHOUT REFERENCE TO ITS CONFLICT OF LAW PROVISIONS, AND THE OBLIGATIONS, RIGHTS AND REMEDIES OF THE PARTIES HEREUNDER SHALL BE DETERMINED IN ACCORDANCE WITH SUCH LAWS.

  • or "Notes means the Revolving Notes, the Swingline Note and/or the Term Notes, collectively, separately or individually, as appropriate.

  • Registered Notes has the meaning specified in Section 2.1.

  • Lead Securitization Notes means Note A-1-A, Note A-1-B, Note A-1-C, Note A-1-D, Note A-1-E, Note B-1, Note B-2, Note B-3, Note B-4 and Note B-5 for so long as any such note is included in the Lead Securitization.