Serviced Trust Mortgage Loan definition

Serviced Trust Mortgage Loan means any Trust Mortgage Loan that is a Serviced Mortgage Loan. Notwithstanding anything herein to the contrary, no Outside Serviced Trust Mortgage Loan shall in any event constitute a Serviced Trust Mortgage Loan hereunder.
Serviced Trust Mortgage Loan. Any Trust Mortgage Loan that is a Serviced Mortgage Loan.
Serviced Trust Mortgage Loan. Any Trust Mortgage Loan that is a Serviced Mortgage Loan. Notwithstanding anything herein to the contrary, in no event shall the [Blackacre] Trust Mortgage Loan constitute a Serviced Trust Mortgage Loan hereunder if it is not being serviced hereunder pursuant to Section 3.28.

Examples of Serviced Trust Mortgage Loan in a sentence

  • Copies of CMSA Operating Statement Analysis Reports and CMSA NOI Adjustment Worksheets (as well as any comparable items received with respect to an Outside Serviced Trust Mortgage Loan or any related REO Property) are to be forwarded by the Master Servicer or the Special Servicer, as applicable, to each other, the Trustee and any Controlling Class Certificateholder, in each case upon request.

  • The Depositor is transferring to the Trustee (or, in the case of an Outside Serviced Trust Mortgage Loan, to the related Outside Trustee) all of its right, title and interest in and to such amounts.

  • The Outside Master Servicer and Outside Special Servicer in respect of each Outside Serviced Trust Mortgage Loan, and the depositor and trustee for any Non-Trust Mortgage Loan Securitization Trust, shall each be a third-party beneficiary to this Agreement with respect to its rights as specifically provided for herein and under the related Co-Lender Agreement.

  • Neither a Master Servicer nor the Special Servicer (in its respective capacity as such) may agree with the related Mortgagor to any modification, extension, waiver or amendment of an Outside Serviced Trust Mortgage Loan.

  • The Outside Master Servicer and Outside Special Servicer in respect of each Outside Serviced Trust Mortgage Loan shall be a third-party beneficiary to this Agreement with respect to its rights as specifically provided for herein and under the related Co-Lender Agreement.

  • The Seller is transferring to the Trustee (or, in the case of an Outside Serviced Trust Mortgage Loan, to the related Outside Trustee) all of its right, title and interest in and to such amounts.

  • Copies of CMSA Operating Statement Analysis Reports and CMSA NOI Adjustment Worksheets (as well as any comparable items received with respect to an Outside Serviced Trust Mortgage Loan or any related REO Property) are to be forwarded by the Special Servicer to the Master Servicer and by the Master Servicer to the Trustee and any Controlling Class Certificateholder, in each case upon request.

  • If Schedule VIII attached hereto does not identify any Outside Serviced Trust Mortgage Loan, then the provisions hereof specifically relating to Outside Serviced Trust Mortgage Loans and various related concepts shall be of no force and effect.

  • If Schedule VIII attached hereto identifies any Outside Serviced Trust Mortgage Loan, then such Outside Serviced Trust Mortgage Loan (and, if such Outside Serviced Trust Mortgage Loan is part of a Loan Combination, the related Outside Serviced Non-Trust Mortgage Loan(s)) will be serviced and administered in accordance with the related Outside Servicing Agreement.

  • Subject to the limitations set forth in paragraph (5), each assignment of Mortgage and assignment of Assignment of Leases from the Seller to the Trustee (or in the case of an Outside Serviced Trust Mortgage Loan, the assignment in favor of the current holder of the related Mortgage) constitutes the legal, valid and binding assignment from the Seller.


More Definitions of Serviced Trust Mortgage Loan

Serviced Trust Mortgage Loan. Any Trust Mortgage Loan that is a Serviced Mortgage Loan. Notwithstanding anything herein to the contrary, in no event shall the Glendale Galleria Trust Mortgage Loan constitute a Serviced Trust Mortgage Loan hereunder.
Serviced Trust Mortgage Loan means any Trust Mortgage Loan that is a Serviced Mortgage Loan. Notwithstanding anything herein to the contrary, the Two Penn Plaza Trust Mortgage Loan shall in no event constitute a Serviced Trust Mortgage Loan hereunder.
Serviced Trust Mortgage Loan or any successor REO Trust Mortgage Loan with respect thereto after it has been paid in full, liquidated, repurchased or otherwise disposed of. "Appraisal Reduction Amount" shall mean, with respect to the Sangertown Square Trust Mortgage Loan or any Sangertown Square REO Trust Mortgage Loan, an amount (calculated as of each Determination Date for so long as a Sangertown Square Appraisal Reduction Amount is reported to exist under the Sangertown Square Servicing Agreement) equal to the lesser of (i) the Sangertown Square Appraisal Reduction Amount most recently reported under the Sangertown Square Servicing Agreement as of the subject Determination Date and (ii) the Stated Principal Balance of the Sangertown Square Trust Mortgage Loan or any Sangertown Square REO Trust Mortgage Loan, as the case may be, as of the subject Distribution Date.
Serviced Trust Mortgage Loan means any Trust Mortgage Loan that is a Serviced Mortgage Loan. Notwithstanding anything herein to the contrary, the Sangertown Square Trust Mortgage Loan shall in no event constitute a Serviced Trust Mortgage Loan hereunder.

Related to Serviced Trust Mortgage Loan

  • MERS Mortgage Loan Any Mortgage Loan registered with MERS on the MERS System.

  • Servicer Mortgage Loan File As defined in each of the Servicing Agreements.

  • Other Servicer Mortgage Loan Any of the Mortgage Loans, if any, identified in Exhibit F-2 hereto, as such Exhibit may be amended from time to time in connection with a substitution pursuant to Sections 2.02 or 2.06, which Mortgage Loan is serviced under an Other Servicing Agreement.

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

  • Special Serviced Mortgage Loan The Mortgage Loans for which the Special Servicer acts as servicer pursuant to Section 3.19.

  • Pool 1 Mortgage Loans Any Mortgage Loan in Pool 1.

  • Subserviced Mortgage Loan Any Mortgage Loan that, at the time of reference thereto, is subject to a Subservicing Agreement.

  • Subsequent Mortgage Loan A Mortgage Loan sold by the Depositor to the Trust Fund pursuant to Section 2.08, such Mortgage Loan being identified on the Mortgage Loan Schedule attached to a Subsequent Transfer Instrument.

  • ARD Mortgage Loan Any Mortgage Loan that is identified as having an Anticipated Repayment Date and a Revised Rate on the Mortgage Loan Schedule.

  • Buydown Mortgage Loan Any Mortgage Loan as to which a specified amount of interest is paid out of related Buydown Funds in accordance with a related buydown agreement.

  • REO Mortgage Loan Any Mortgage Loan which is not a Liquidated Loan and as to which the indebtedness evidenced by the related Mortgage Note is discharged and the related Mortgaged Property is held as part of the Trust Estate.

  • Non-MERS Mortgage Loan Any Mortgage Loan other than a MERS Mortgage Loan.

  • Group I Mortgage Loan A Mortgage Loan assigned to Loan Group I. All Group I Mortgage Loans have a principal balance at origination that conforms to Xxxxxxx Mac loan limits.

  • ARM Mortgage Loan A Mortgage Loan pursuant to which the interest rate shall be adjusted from time to time in accordance with the related Mortgage Note.

  • Group II Mortgage Loan A Mortgage Loan assigned to Loan Group II with a Stated Principal Balance at origination that may or may not conform to Xxxxxx Mae and Xxxxxxx Mac loan limits.

  • Wet-Ink Mortgage Loan means a Mortgage Loan which Seller is selling to Buyer simultaneously with the origination thereof.

  • Group 2 Mortgage Loan Each Mortgage Loan listed on Exhibit D-2 hereto.

  • Mortgage Loan shall have the meaning assigned to such term in the recitals.

  • Group 4 Mortgage Loan Each Mortgage Loan listed on Exhibit D-4 hereto.

  • Mortgage Loan File As defined in Section 2.1(b) and any additional documents required to be added to the Mortgage Loan File pursuant to this Agreement.

  • Servicer Mortgage File All documents pertaining to a Mortgage Loan not required to be included in the Trustee Mortgage File and held by the Master Servicer or the related Servicer or any Sub-Servicer.

  • Group 1 Mortgage Loan Each Mortgage Loan listed on Exhibit D-1 hereto.

  • PMI Mortgage Loans The list of Mortgage Loans insured by the PMI Insurer attached hereto as Schedule II.

  • Subsequent Mortgage Loans means, for purposes of this Agreement, the Subsequent Mortgage Loans listed in the Subsequent Mortgage Loan Schedule attached hereto as Schedule I.

  • Non-Serviced Mortgage Loan means a Mortgage Loan included in the Trust but serviced under another agreement. There are no Non-Serviced Mortgage Loans in the Trust.

  • Group 3 Mortgage Loan Each Mortgage Loan listed on Exhibit D-3 hereto.