Serviced Mortgage Loan definition

Serviced Mortgage Loan. A Mortgage Loan that is not an Outside Serviced Mortgage Loan.

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Serviced Mortgage Loan. Each of (i) the Mortgage Loans identified as “Serviced” under the column entitled “Type” in the “Whole Loan” chart in the Preliminary Statement and (ii) any AB Mortgage Loan related to a Serviced AB Whole Loan, as applicable.

Serviced Mortgage Loan. A Mortgage Loan serviced and administered under this Agreement.

Examples of Serviced Mortgage Loan in a sentence

Upon the Mortgage Loan becoming a Specially Serviced Mortgage Loan, each Non-Lead Securitization Note Holder hereby acknowledges the right and obligation of the Lead Securitization Note Holder (or the Special Servicer acting on behalf of the Lead Securitization Note Holder) to sell the Non-Lead Securitization Notes together with the Lead Securitization Note as notes evidencing one whole loan in accordance with the terms of the Lead Securitization Servicing Agreement.
With respect to each Serviced Mortgage Loan, if the Master Servicer, Special Servicer or Trustee has determined that a P&I Advance or Servicing Advance with respect to such Mortgage Loan, would be or has become a Nonrecoverable Advance, the Master Servicer shall provide each Other Servicer and Other Trustee written notice of such determination within two (2) Business Days of the date of such determination.
The servicing of the Mortgage Loan shall be carried out by the Master Servicer and, if the Mortgage Loan is a Specially Serviced Mortgage Loan (or to the extent otherwise provided in the Lead Securitization Servicing Agreement), by the Special Servicer, in each case pursuant to the Lead Securitization Servicing Agreement.

More Definitions of Serviced Mortgage Loan

Serviced Mortgage Loan. A Mortgage Loan that is part of a Serviced Whole Loan.

Serviced Mortgage Loan means each Mortgage Loan (including a Specially Serviced Mortgage Loan), other than any Outside Serviced Mortgage Loan.

Serviced Mortgage Loan. Any Mortgage Loan other than a Non-Trust-Serviced Pooled Mortgage Loan, if any.

Serviced Mortgage Loan means any Mortgage Loan for which a Seller is acting as Servicer under a Servicing Agreement or providing services under an ETS Contract and any REO Property resulting from the foreclosure or other liquidation of such a Mortgage Loan.

Serviced Mortgage Loan. Any Mortgage Loan (including a Specially Serviced Mortgage Loan, but excluding an REO Mortgage Loan) other than a Non-Trust-Serviced Pooled Mortgage Loan (and any Non-Pooled Mortgage Loan that is related to such Non-Trust-Serviced Pooled Mortgage Loan).

Serviced Mortgage Loan. Any Serviced Mortgage Loan.

Serviced Mortgage Loan. Each of (a) the D.C. Office Portfolio Mortgage Loan, (b) the ▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ Mortgage Loan, (c) the American Greetings HQ Mortgage Loan and (d) the Ralph’s Food Warehouse Portfolio Mortgage Loan.