Whole Loan definition

Whole Loan. With respect to any Mortgage Loan with a related Companion Loan, such Mortgage Loan and its related Companion Loan(s), collectively, as identified in the “Whole Loan” chart in the Preliminary Statement. With respect to each Whole Loan, references herein to each such Whole Loan shall be construed to refer to the aggregate indebtedness under the related Mortgage Loan and the related Companion Loan(s).
Whole Loan. A mortgage loan that includes a Mortgage Loan and one or more Companion Loans, all of which are secured by the same Mortgaged Property. The table and footnotes under the headingWhole Loans” in the Preliminary Statement hereto identify the Whole Loans related to the Trust. With respect to each Whole Loan, references herein to each such Whole Loan shall be construed to refer to the aggregate indebtedness under the related Mortgage Loan and the related Companion Loan(s).

Examples of Whole Loan in a sentence

  • The Servicing Fee with respect to any Mortgage Loan, Companion Loan or REO Loan shall cease to accrue if a Liquidation Event occurs with respect to the related Mortgage Loan, except that if such Mortgage Loan is part of a Serviced Whole Loan and such Serviced Whole Loan continues to be serviced and administered under this Agreement notwithstanding such Liquidation Event, then the applicable Servicing Fee shall continue to accrue and be payable as if such Liquidation Event did not occur.

  • The foregoing provisions of this Section 3.07 shall apply to any Serviced Whole Loan as if it were a single “Mortgage Loan”.

  • Such assignment of each Mortgage Loan that is part of a Whole Loan is further subject to the terms and conditions of the applicable Other Pooling and Servicing Agreement (if any) and each Co-Lender Agreement.

  • Any Servicing Account related to a Serviced Whole Loan, shall be held for the benefit of the Certificateholders and the RR Interest Owner and the related Serviced Companion Noteholder collectively, but this shall not be construed to modify respective interests of either noteholder therein as set forth in the related Co-Lender Agreement.

  • Notwithstanding anything contrary in this Agreement, each of the Master Servicer and Special Servicer agrees not to take any action with respect to a Serviced Whole Loan or a Mortgage Loan with mezzanine debt or the related Mortgaged Property without the prior consent of the related Companion Holder or mezzanine lender, as applicable, to the extent that the related Co-Lender Agreement provides that such Companion Holder or mezzanine lender, as applicable, is required or permitted to consent to such action.


More Definitions of Whole Loan

Whole Loan. Any of (i) the 681 Fifth Avenue Whole Loan, (ii) the 191 Peachtree Whole Loan, (iii) the Wolfchase Galleria Whole Loan, (iv) The Orchard Whole Loan, (v) The Falls Whole Loan, (vi) the Vintage Park Whole Loan, (vii) the 101 Hudson Street Whole Loan, (viii) the Greenwich Office Park Whole Loan, (ix) the Federal Way Crossings Whole Loan, (x) the Novo Nordisk Whole Loan and (xi) the Huntington Center Whole Loan.
Whole Loan. As defined in the Introductory Statement.
Whole Loan. As defined in the Introductory Statement hereto.
Whole Loan. Each of the 245 Park Avenue Whole Loan, the Gateway Net Lease Portfolio Whole Loan, the Olympic Tower Whole Loan, the Starwood Capital Group Hotel Portfolio Whole Loan, the 211 Main Street Whole Loan, the 740 Madison Whole Loan, the iStar Leased Fee Portfolio Whole Loan and the Save Mart Portfolio Whole Loan.