Servicing Shift Mortgage Loan definition

Servicing Shift Mortgage Loan. Any Mortgage Loan that is part of a Servicing Shift Loan Combination. For the avoidance of doubt, there is no Servicing Shift Mortgage Loan relating to the Trust and, therefore, all references in this Agreement to “Servicing Shift Mortgage Loan” shall be disregarded.
Servicing Shift Mortgage Loan. Any Mortgage Loan that is part of a Servicing Shift Loan Combination. The only Servicing Shift Mortgage Loans related to the Trust as of the Closing Date are the 000 Xxxxxxxx Mortgage Loan and the Home Depot - Elk Grove Village Mortgage Loan.
Servicing Shift Mortgage Loan. Any Mortgage Loan that is part of a Servicing Shift Loan Combination.

Examples of Servicing Shift Mortgage Loan in a sentence

  • In addition, the Operating Advisor (when it is an applicable Consulting Party) will be entitled, while a Servicing Shift Mortgage Loan is serviced hereunder, to consult on a non-binding basis with the Special Servicer and propose alternative courses of action and provide other feedback in respect of any Major Decisions and any proposed sale of such Servicing Shift Mortgage Loan.


More Definitions of Servicing Shift Mortgage Loan

Servicing Shift Mortgage Loan. With respect to any Servicing Shift Whole Loan, a Mortgage Loan included in the Trust Fund that will be serviced under this Agreement as of the Closing Date, but the servicing of which is expected to shift to the pooling and servicing agreement entered into in connection with the securitization of the related Servicing Shift Lead Note on and after the date of such securitization. As of the Closing Date, the Xxxxxxxxx Mortgage Loan will be a Servicing Shift Mortgage Loan related to the Trust.

Related to Servicing Shift Mortgage Loan

  • Split Mortgage Loan Any Mortgage Loan that is part of a Loan Combination. The only Split Mortgage Loans that are assets of the Trust as of the Closing Date are those that have the respective loan numbers (as set forth on the Mortgage Loan Schedule) listed on the Loan Combination Table under the column heading “Loan No. for related Mortgage Loan.”

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

  • 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.