Serviced Whole Loan Paying Agent definition

Serviced Whole Loan Paying Agent. GMAC Commercial Mortgage Corporation, in its capacity as the Serviced Whole Loan Paying Agent under this Agreement, its successor in interest, or any successor Serviced Whole Loan Paying Agent appointed as herein provided.

Examples of Serviced Whole Loan Paying Agent in a sentence

  • PAWD believes if Euros are not included in the commercial take, landholders will use other methods to reduce their numbers.

  • The Contractor shall bear any increases in structure costs caused by blasting damage to rock under proposed foundations.

  • All income and gain realized from the investment of funds deposited in such Serviced Companion Loan Distribution Account shall be for the benefit of the Serviced Whole Loan Paying Agent; provided that the Serviced Whole Loan Paying Agent shall be responsible for the amount of any Net Investment Loss (net of Net Investment Earnings) in respect of such Permitted Investments.

  • Funds in the Serviced Companion Loan Distribution Accounts may be invested in Permitted Investments for the account of the Serviced Whole Loan Paying Agent.

  • The Serviced Whole Loan Paying Agent shall give notice to the Master Servicer of the location of each Serviced Companion Loan Distribution Account as of the Closing Date and of the new location of any Serviced Companion Loan Distribution Account prior to any change thereof.

  • The Serviced Whole Loan Paying Agent shall promptly provide the names and addresses of any Serviced Companion Loan Holder or Serviced B Note Holder to any party hereto or any successor thereto upon written request, and any such party or successor may, without further 283 investigation, conclusively rely upon such information.

  • In no event shall the Serviced Whole Loan Paying Agent be obligated to pay any party the amounts payable to a Serviced Companion Loan Holder hereunder other than the party listed as the applicable Serviced Companion Loan Holder on the Serviced Whole Loan Holder Register.

  • The Master Servicer shall deliver to the Serviced Whole Loan Paying Agent each month on or before the date set forth in Section 3.05(e)(i), for deposit in the applicable Serviced Companion Loan Distribution Account, that portion of the applicable Serviced Whole Loan Remittance Amount allocable to each applicable Serviced Companion Loan Holder and Serviced B Note Holder then on deposit in the applicable Serviced Whole Loan Custodial Account.

  • And I’m certain you’ll be gripped by at least one of the topics we’ll engage and you’ll want to know more.

  • Each Serviced Companion Loan Holder and Serviced B Note Holders has agreed to inform the Serviced Whole Loan Paying Agent of its name, address, taxpayer identification number and wiring instructions and of any transfer thereof (together with any instruments of transfer).

Related to Serviced Whole Loan Paying Agent

  • Serviced Pari Passu Companion Loan A Pari Passu Companion Loan that is part of a Serviced Loan Combination. With respect to each Servicing Shift Mortgage Loan and the related Servicing Shift Loan Combination, each related Pari Passu Companion Loan will cease to be a Serviced Pari Passu Companion Loan on and after the related Servicing Shift Date.

  • Serviced Pari Passu Companion Loan Holder A holder of a Serviced Pari Passu Companion Loan.

  • Serviced Companion Loan A Companion Loan that is part of a Serviced Loan Combination. With respect to each Servicing Shift Mortgage Loan and the related Servicing Shift Loan Combination, each related Companion Loan will no longer be a Serviced Companion Loan on and after the related Servicing Shift Date.

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

  • Serviced Companion Loan Securities Any commercial mortgage-backed securities that evidence an interest in or are secured by the assets of an Other Securitization Trust, which assets include a Serviced Companion Loan (or a portion thereof or interest therein).

  • Whole Loan Custodial Account means the “Whole Loan Custodial Account” established for the Mortgage Loan pursuant to the Lead Securitization Servicing Agreement.

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

  • Note A-1 Master Servicer means the master servicer under the Note A-1 PSA.

  • Pari Passu Companion Loan A Companion Loan that, pursuant to the related Loan Documents and/or the related Co-Lender Agreement, is pari passu in right of payment to the related Split Mortgage Loan. The only Pari Passu Companion Loans related to the Trust as of the Closing Date are evidenced by the Notes identified in the Loan Combination Table under the column heading “Pari Passu Companion Loan(s),” each of which Notes evidences a separate Pari Passu Companion Loan.

  • Loan Combination Custodial Account means the “Loan Combination Custodial Account” or analogous account established for the Mortgage Loan pursuant to the Lead Securitization Servicing Agreement.

  • Note A-3 Master Servicer means the master servicer under the Note A-3 PSA.

  • Companion Loan As defined in the Preliminary Statement.

  • Note A-2 Master Servicer means the master servicer under the Note A-2 PSA.

  • Companion Loan Holder The holder of a Companion Loan.

  • Companion Loan Rating Agency With respect to any Serviced Companion Loan, any rating agency that was engaged by a participant in the securitization of such Serviced Companion Loan to assign a rating to the related Serviced Companion Loan Securities.

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

  • Serviced Loan Combination A Loan Combination that is being serviced pursuant to this Agreement. The only Serviced Loan Combinations related to the Trust as of the Closing Date are the Loan Combinations as to which “Serviced” is set forth in the Loan Combination Table under the column heading “Servicing Type,” together with any Servicing Shift Loan Combinations. A Servicing Shift Loan Combination will no longer be a Serviced Loan Combination on and after the related Servicing Shift Date.

  • Whole Loan As defined in the Introductory Statement.

  • Note A-1 Special Servicer means the special servicer under the Note A-1 PSA.

  • Note A-3 Special Servicer means the special servicer under the Note A-3 PSA.

  • Master Servicer Collection Account The trust account or accounts created and maintained pursuant to Section 4.02, which shall be denominated "JPMorgan Chase Bank, as Trustee f/b/o holders of Structured Asset Mortgage Investments II Inc., Bear Xxxxxxx ALT-A Trust 2004-8, Mortgage Pass-Through Certificates, Series 2004-8 - Master Servicer Collection Account," and which shall be an Eligible Account.

  • Noteholder Servicing Fee is defined in Section 3.1.

  • Trustee/Certificate Administrator Fee Rate With respect to each Mortgage Loan, a rate equal to 0.0055% per annum.

  • Lead Securitization Directing Certificateholder means the “Directing Certificateholder” as defined in the Lead Securitization Servicing Agreement.

  • Servicer Custodial Account The separate Eligible Account or Accounts created and maintained by the Servicer pursuant to Section 3.08(b).

  • Note A-6 Securitization Date means the closing date of the Note A-6 Securitization.