Split Mortgage Loan definition

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.”
Split Mortgage Loan means a Mortgage Loan evidenced by two or more senior pari passu Mortgage Notes.
Split Mortgage Loan. Any Mortgage Loan that is part of a Whole Loan. 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 Whole Loan Table under the column heading “Loan No. for related Mortgage Loan.”

Examples of Split Mortgage Loan in a sentence

  • To the extent that the Mortgage File for a Split Mortgage Loan relates to the related Companion Loan, the Trustee shall also hold such Mortgage File in trust for the use and benefit of the related Companion Loan Noteholder.

  • For purposes of the preceding sentence Appraisal Reduction Amounts with respect to a Loan Pair (including the Oakmonte Apartment Homes Whole Loan) shall be applied first to the related Companion Loan and then to the related Split Mortgage Loan.

  • Any transfer of Mortgage Loans or the Oakmonte Junior Portion, except in the case of the Split Mortgage Loans, pursuant to this paragraph shall be on a servicing-released basis; and, if any Mortgage Loan purchased pursuant to this Section 9.01 is a Split Mortgage Loan, the release, endorsement or assignment of the documents constituting the related Mortgage File and Servicing File shall be in the manner contemplated by Section 3.25 hereof.

  • Any transfer of the Mortgage Loans, except in the case of Split Mortgage Loans (other than the Oakmonte Senior Portion), pursuant to this paragraph shall be on a servicing-released basis; and, if any Mortgage Loan (other than the Oakmonte Senior Portion) purchased pursuant to this Section 9.01 is a Split Mortgage Loan, the release, endorsement or assignment of the documents constituting the related Mortgage File and Servicing File shall be in the manner contemplated by Section 3.25.

  • If a Mortgage Loan becomes a Split Mortgage Loan or a Modified Mortgage Loan such Mortgage Loan (including both the Main Mortgage Account and Warehoused Mortgage Account parts) shall remain in the Mortgage Portfolio.


More Definitions of Split 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 the Empire Mall Mortgage Loan, the Marriott Midwest Mortgage Loan, the ▇▇▇ ▇▇▇▇▇▇▇▇ Mortgage Loan, the ▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Mortgage Loan, the 5 Penn Plaza Mortgage Loan, the ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Mortgage Loan, the Heritage Industrial Portfolio Mortgage Loan, the One Court Square Mortgage Loan, the GFH ▇▇▇▇▇▇▇ Industrial Portfolio Mortgage Loan, the Marriott Monterey Mortgage Loan and the Home Depot - Elk Grove Village 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 the ▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ Retail Condo Mortgage Loan, the ▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ Mortgage Loan, the ▇▇▇▇▇▇▇ Place Google Mortgage Loan, the Prudential Plaza Mortgage Loan, the ▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Mortgage Loan, the Hilton Hawaiian Village Waikiki Beach Resort Mortgage Loan, the State Farm Data Center Mortgage Loan, the Summit Place Wisconsin Mortgage Loan, the ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ Mortgage Loan, the 8 Times Square & ▇▇▇▇ ▇▇▇▇▇▇▇▇ Mortgage Loan, the Marriott Hilton Head Resort & Spa Mortgage Loan and the Parts Consolidation Center 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 the ▇▇▇▇-▇▇▇▇ Short Hills Office Portfolio Mortgage Loan, the Key Center Cleveland Mortgage Loan, the Scripps Center Mortgage Loan, the ▇▇▇▇▇▇▇▇ Crossing Mortgage Loan, the ▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ Retail Condo Mortgage Loan, the Greenwich Office Park Mortgage Loan, the ▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Mortgage Loan, the Atlanta and Anchorage Hotel Portfolio Mortgage Loan, the Urban Union - Amazon Mortgage Loan, the QLIC Mortgage Loan, the Broadway Portfolio Mortgage Loan, the Novo Nordisk Mortgage Loan, the Rentar Plaza Mortgage Loan and the Parts Consolidation Center 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 the 5 Penn Plaza Mortgage Loan, the Sheraton Denver Downtown Fee Mortgage Loan, the Austin Block 21 Mortgage Loan, the Glenbrook Square Mortgage Loan, the Westin Boston Waterfront Mortgage Loan, the Park Place Mortgage Loan, the ▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ & ▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ Mortgage Loan, the South Plains Mall Mortgage Loan, the GSA Portfolio Mortgage Loan, the Heinz 57 Center Mortgage Loan, the Element LA Mortgage Loan and the DoubleTree Hotel Universal 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 the ▇▇▇▇▇ Office Portfolio Mortgage Loan, the ▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Mortgage Loan, the ▇▇▇ ▇▇▇▇▇▇▇▇ Mortgage Loan, the Crowne Plaza Bloomington Mortgage Loan, the Eastmont Town Center Mortgage Loan and the Commerce Point I & II 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 the Corporate ▇▇▇▇▇ Portfolio Mortgage Loan, the 225 & ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Loan, the General Motors Building Mortgage Loan, the ▇-▇▇ ▇▇▇ ▇▇▇▇▇▇ Mortgage Loan, the Mall of Louisiana Mortgage Loan, the Starwood Capital Group Hotel Portfolio Mortgage Loan, the Pleasant Prairie Premium Outlets Mortgage Loan, the Visions Hotel Portfolio Mortgage Loan, the Lakeside Shopping Center Mortgage Loan, the Long Island Prime Portfolio - Uniondale Mortgage Loan, the Scripps Center Mortgage Loan, the Atlanta and Anchorage Hotel Portfolio Mortgage Loan and the ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ 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 the Opry ▇▇▇▇▇ Mortgage Loan, the Vertex Pharmaceuticals HQ Mortgage Loan, the ▇▇▇▇▇▇▇ Park Phase One & Two Mortgage Loan, the Staybridge Suites Times Square Mortgage Loan, the Hyatt Regency Huntington Beach Resort & Spa Mortgage Loan, the Kroger (▇▇▇▇▇▇’▇) Distribution Center Mortgage Loan, the ▇▇▇ ▇▇▇▇▇▇ Plaza Mortgage Loan and the Hilton Garden Inn Athens Downtown Mortgage Loan.