Whole Loans definition

Whole Loans means Mortgage Loans or participations therein, purchased or to be purchased by the Trustee which are neither securitized nor to be securitized into a Certificate.

Whole Loans means Mortgage Loans that are sold or intended to be sold to investors as whole loans, instead of being part of a pool from which MBS are to be created and sold.

Whole Loans has the meaning given to such term in the definition of “Eligible Loans”.

Examples of Whole Loans in a sentence

• If the related Servicing File is not already in the possession of such party, it shall be delivered to the master servicer or special servicer, as the case may be, under any separate servicing agreement for the Whole Loans.

• In any event, the Operating Advisor and the Controlling Class Representative agree to identify for the Master Servicer and the Special Servicer in advance (but at least two (2) Business Days prior to the related monthly conference) the applicable Mortgage Loans (or Serviced Whole Loans) and/or REO Properties it intends to discuss.

• All Revenues with respect to Certificates, Whole Loans, or Investment Securities held in the Funds, Accounts, or Subaccounts established for a Series shall be deemed to “correspond” to that Series.

• Amounts in each Series Acquisition Account will be applied by the Trustee to finance the acquisition of Whole Loans or Certificates, including participations in such Whole Loans or Certificates or for transfer to the corresponding Series General Receipts Subaccount, in accordance with the Acquisition and Operating Policy applicable to that Series of Bonds.

• In any event, the Operating Advisor and the Controlling Class Representative agree to identify for the Master Servicer and the Special Servicer in advance (but at least two (2) Business Days prior to the related monthly conference) the applicable Mortgage Loans (or Whole Loans) and/or REO Properties it intends to discuss.

More Definitions of Whole Loans

Whole Loans means Mortgage Loans that are sold or intended to be sold to investors as whole loans, instead of being part of a pool from which Structured Securities are to be created and sold.

Whole Loans means the Mortgage Loans and any collateral, insurance, guaranty or other credit support arrangement related thereto.

Whole Loans means whole commercial mortgage loans held by Grantor as permitted under the Investment Guidelines and deposited into the Trust Accounts, which, for the avoidance of doubt, (a) shall include Participated Whole Loans and Co-Lending Assets held by Grantor, and (b) shall not include any Participation Assets.

Whole Loans means loans where a mortgage and the underlying credit risk is owned and held on the balance sheet of the entity with all ownership rights.

Whole Loans means loans where a mortgage and the underlying credit risk is owned

Whole Loans means direct investments in whole residential mortgage loans, as opposed to investments in CMOs or other structured products that are backed by such loans.

Whole Loans means the Mortgage Loans and any collateral, insurance, guaranty or other credit support arrangement related thereto. Section 1.2 Interpretation. For purposes of this Agreement: