Whole Loan definition

Whole Loan. A performing 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 (A) with respect to any Senior Interest or Junior Interest, the Whole Loan in which Seller owns a Senior Interest or a Junior Interest, and (B) with respect to any Mezzanine Loan, the Whole Loan made to the Mortgagor or Affiliate of such Mortgagor whose Equity Interests, directly or indirectly, secure such Mezzanine Loan.

Whole Loan. Each of the Cxxxxxx River Plaza Whole Loan, the Starwood Capital Extended Stay Portfolio Whole Loan, the Mall of New Hampshire Whole Loan, the Westfield Wheaton Whole Loan, the Arizona Grand Resort & Spa Whole Loan, the Soho-Tribeca Grand Hotel Portfolio Whole Loan, the Westfield Trumbull Whole Loan, the WPC Department Store Portfolio Whole Loan, the Sterling & Mxxxxxx Whole Loan and the Cape May Hotels Whole Loan (and shall include any successor REO Mortgage Loan or successor REO Companion Loan).

Whole Loan. A LIBOR based floating rate performing 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.

Examples of Whole Loan in a sentence

• 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.

• 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.

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

• For the purpose of this procedure, the Depositor instructed us to recalculate the “Annual Whole Loan Debt Service (at SOFR Cap)” of the Mortgage Loan as twelve (12) times the “Monthly Whole Loan Debt Service (at SOFR Cap),” as shown on the Final Data File.

More Definitions of Whole Loan

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.

Whole Loan. As defined in the Introductory Statement.

Whole Loan means a commercial mortgage loan or note secured by a first lien on multifamily and commercial real property.

Whole Loan. As defined in the Introductory Statement hereto.

Whole Loan. As defined in the Introductory Statement to this Agreement.

Whole Loan. A mortgage loan secured by a first mortgage lien on a multi-family property.