Serviced Securitized Companion Loan definition

Serviced Securitized Companion Loan. Any Companion Loan that is a component of a Serviced Whole Loan, if and for so long as each such Companion Loan is included in a Regulation AB Companion Loan Securitization.
Serviced Securitized Companion Loan. Any Companion Loan that is a component of a Serviced Whole Loan, if and for so long as each such Companion Loan is included in a Regulation AB Subordinate Companion Loan Securitization. For the avoidance of doubt, there are no Serviced Securitized Companion Loans related to the Trust.
Serviced Securitized Companion Loan. Each of the 131 South Dearborn Pari Passu Companion Loan and the Merchandise Mart Pari Passu Companion Loan, if and for so long as each such mortgage loan is included in a Regulation AB Companion Loan Securitization.

Examples of Serviced Securitized Companion Loan in a sentence

  • The Swap Counterparty and each Mortgage Loan Seller and the Companion Holders (and their agents and permitted successors and assigns, including any trustee or servicer with respect to any Serviced Securitized Companion Loan or any other Companion Loan) are intended third-party beneficiaries in respect of the respective rights afforded them hereunder.

  • The Companion Holders (and their agents and permitted successors and assigns, including any trustee or servicer with respect to any Serviced Securitized Companion Loan or any other Companion Loan) are intended third party beneficiaries in respect of the respective rights afforded them hereunder.

  • Each Mortgage Loan Seller and the Companion Holders (and their agents and permitted successors and assigns, including any trustee or servicer with respect to any Serviced Securitized Companion Loan or any other Companion Loan) are intended third-party beneficiaries in respect of the respective rights afforded them hereunder.

  • The Trustee, the Master Servicer and the Special Servicer shall not be required to cause the delivery of such reports until April 15 in any given year so long as it has received written confirmation from the Depositor that a Report on Form 10-K is not required to be filed in respect of the Trust Fund for the preceding calendar year (or, in the case of a securitized Serviced Securitized Companion Loan, the related securitization trust).


More Definitions of Serviced Securitized Companion Loan

Serviced Securitized Companion Loan. Any Companion Loan that is a component of a Whole Loan that is lead serviced under this Agreement, if and for so long as each such Companion Loan is included in a Regulation AB securitization.
Serviced Securitized Companion Loan. Any Serviced Pari Passu Companion Loan, if and for so long as such Serviced Pari Passu Companion Loan is included in a Regulation AB Companion Loan Securitization.

Related to Serviced Securitized Companion Loan

  • Serviced Companion Loan A Companion Loan that is part of a Serviced Whole Loan.

  • Non-Serviced Companion Loan Each of (i) the Pari Passu Companion Loans and Subordinate Companion Loans, if any, identified as “Non-Serviced” under the column entitled “Type” in the “Whole Loan” chart in the Preliminary Statement, and (ii) on and after the related Servicing Shift Securitization Date, the Pari Passu Companion Loans and Subordinate Companion Loan, if any, identified as “Servicing Shift” under the column entitled “Type” in the “Whole Loan” chart in the Preliminary Statement.

  • Companion Loan A Serviced Companion Loan or Non-Serviced Companion Loan, as applicable and as the context may require.

  • Serviced Companion Loan Holder The holder of a Serviced Companion Loan.

  • Serviced Pari Passu Companion Loan A Pari Passu Companion Loan that is part of a Serviced Whole Loan.

  • Serviced Companion Loan Securities With respect to any Serviced Companion Loan so long as the related Mortgage Loan or any successor Serviced REO Loan is part of the Mortgage Pool, any class of securities backed by such Serviced Companion Loan. Any reference herein to a “series” of Serviced Companion Loan Securities shall refer to separate securitizations of one or more of the Serviced Companion Loans.

  • REO Companion Loan Any Serviced Companion Loan if the related Mortgaged Property has become an REO Property.

  • Serviced Pari Passu Companion Loan Holder Any holder of record of any Serviced Pari Passu Companion Loan.

  • Serviced Pari Passu 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) prior to the related Servicing Shift Securitization Date, the Mortgage Loans identified as “Servicing Shift” under the column entitled “Type” in the “Whole Loan” chart in the Preliminary Statement.

  • Pari Passu Companion Loan A Companion Loan that is pari passu in right of payment with the Mortgage Loan included in the related Whole Loan.

  • Regulation AB Companion Loan Securitization As defined in Section 11.15(a).

  • Serviced Pari Passu Companion Loan Securities For so long as the related Mortgage Loan or any successor REO Loan is in the Trust Fund, any class of securities issued by another securitization and backed by a Serviced Pari Passu Companion Loan.

  • Companion Loan(s) As defined in the Preliminary Statement.

  • Whole Loan With respect to any Mortgage Loan with a related Companion Loan, such Mortgage Loan and its related Companion Loan(s), collectively, as identified in the “Whole Loan” chart in the Preliminary Statement. With respect to each Whole Loan, references herein to each such Whole Loan shall be construed to refer to the aggregate indebtedness under the related Mortgage Loan and the related Companion Loan(s).

  • Companion Loan Holder The holder of a Companion Loan.

  • Serviced Loan Combination Any Loan Combination serviced under this Agreement that is divided into one or more notes, which includes a mortgage note that is included in the Trust and (a) one or more Subordinate Companion Loans not included in the Trust and/or (b) one or more Pari Passu Companion Loans not included in the Trust. References herein to a Serviced Loan Combination shall be construed to refer to the aggregate indebtedness under the related notes. The Prudential Plaza Loan Combination is a Serviced Loan Combination related to the Trust.

  • Serviced AB Mortgage Loan Any Mortgage Loan that is part of a Serviced AB Whole Loan. For the avoidance of doubt, there are no Serviced AB Mortgage Loans related to the Trust.

  • Outside Serviced Loan Combination Any Loan Combination that is not serviced under this Agreement, but instead is being serviced pursuant to the pooling and servicing agreement, trust and servicing agreement or other comparable agreement governing the securitization of a related Companion Loan (whether by itself or with other mortgage assets), or pursuant to any successor servicing agreement contemplated by the related Co-Lender Agreement. The only Outside Serviced Loan Combinations related to the Trust as of Closing Date are the Loan Combinations as to which “Outside Serviced” is set forth in the Loan Combination Table under the column heading “Servicing Type.” Each Servicing Shift Loan Combination shall be an Outside Serviced Loan Combination on and after the related Servicing Shift Date.

  • Serviced Whole Loan Each of (i) the Whole Loans identified as “Serviced” under the column entitled “Type” in the “Whole Loan” chart in the Preliminary Statement, and (ii) prior to the related Servicing Shift Securitization Date, the Whole Loans identified as “Servicing Shift” under the column entitled “Type” in the “Whole Loan” chart in the Preliminary Statement.