Whole Loan definition

Whole Loan. As defined in the Introductory Statement.
Whole Loan. A commercial real estate whole loan made to the related Underlying Obligor and secured primarily by a perfected, first priority Lien in the related underlying Mortgaged Property, including, without limitation with respect to any Senior Interest, the whole loan in which Seller owns a Senior Interest.
Whole Loan. A mortgage loan secured by a first mortgage lien on a multi-family property.

Examples of Whole Loan in a sentence

  • No Mortgage Loan is cross-collateralized or cross-defaulted with any other mortgage loan that is outside the Mortgage Pool, except in the case of a Mortgage Loan that is part of a Whole Loan.

  • Except with respect to a Mortgage Loan that is part of a Whole Loan, each Mortgage Loan is a whole loan and not a participation interest in a Mortgage Loan.

  • Except with respect to a Mortgage Loan that is part of a Whole Loan, each Mortgage Loan is a whole loan and not a participation interest in a mortgage loan.

  • Each Mortgage Loan that is part of a Whole Loan is a portion of a whole loan evidenced by a Mortgage Note.

  • Each Mortgage Loan that is part of a Whole Loan is a senior or pari passu portion of a whole loan evidenced by a senior or pari passu note.


More Definitions of Whole Loan

Whole Loan. A whole loan secured by a mortgage on commercial real estate property or a senior interest therein (including senior participations).
Whole Loan. Collectively, the Trust Loan and the Companion Loans. References herein to the Whole Loan shall be construed to refer to the aggregate indebtedness under Note X-0, Xxxx X-0, Xxxx X-0, Note A-4, Note A-5, Note A-6, Note A-7 and Note A-B.
Whole Loan. A commercial mortgage loan secured by a first-lien mortgage on a Multi-Family Property.
Whole Loan. A performing first priority commercial real estate whole loan for which the Underlying Mortgaged Property is performing and is either stabilized or light transitional, as determined by Buyer.
Whole Loan means a commercial mortgage loan or note secured by a first lien on multifamily and commercial real property.
Whole Loan. Any of (i) the D.C. Office Portfolio Whole Loan, (ii) The Summit Birmingham Whole Loan, (iii) the Xxx Xxxx 00xx Xxxxxx Whole Loan, (iv) the Pentagon Center Whole Loan, (v) the JW Marriott Desert Springs Whole Loan, (vi) The Xxxxxxxxx Whole Loan, (vii) the Xxxxxxx Xxxxx Drive Whole Loan, (viii) the Key Center Cleveland Whole Loan, (ix) the American Greetings HQ Whole Loan and (x) the Ralph’s Food Warehouse Portfolio Whole Loan.
Whole Loan. Any of the Worldwide Plaza Whole Loan, the Starwood Lodging Hotel Portfolio Whole Loan, the Bass Pro & Cabela’s Portfolio Whole Loan, the Loma Xxxxx Whole Loan, the Olympic Tower Whole Loan, the Cabela’s Industrial Portfolio Whole Loan, the Westin Palo Alto Whole Loan, the Long Island Prime Portfolio – Uniondale Whole Loan, the 00 Xxxxx Xxxxxx Whole Loan, the Petco Corporate Headquarters Whole Loan, the Xxxxxxxxx Whole Loan and the Shops at Xxxxxxxx Whole Loan.