Marriott Hilton Head Resort & Spa Companion Loans definition

Marriott Hilton Head Resort & Spa Companion Loans. With respect to the Marriott Hilton Head Resort & Spa Loan Combination, the related promissory notes made by the related Mortgagor, secured by the Marriott Hilton Head Resort & Spa Mortgage and designated as promissory notes X-0, X-0X, X-0X xxx X-0, respectively, which are not included in the Trust and are pari passu in right of payment with the Marriott Hilton Head Resort & Spa Mortgage Loan to the extent set forth in the related Loan Documents and as provided in the Marriott Hilton Head Resort & Spa Co-Lender Agreement, as any such promissory note may be amended, restated, replaced, extended, renewed, supplemented, consolidated, severed, split or otherwise modified from time to time. If any promissory note evidencing a Marriott Hilton Head Resort & Spa Companion Loan is split and replaced with 2 or more replacement promissory notes, each such replacement promissory note will evidence a separate Marriott Hilton Head Resort & Spa Companion Loan.
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Related to Marriott Hilton Head Resort & Spa Companion Loans

  • Serviced Pari Passu Companion Loan A Pari Passu Companion Loan that is part of a Serviced Loan Combination. With respect to each Servicing Shift Mortgage Loan and the related Servicing Shift Loan Combination, each related Pari Passu Companion Loan will cease to be a Serviced Pari Passu Companion Loan on and after the related Servicing Shift Date.

  • Serviced Companion Loan Securities Any commercial mortgage-backed securities that evidence an interest in or are secured by the assets of an Other Securitization Trust, which assets include a Serviced Companion Loan (or a portion thereof or interest therein).

  • Serviced Companion Loan A Companion Loan that is part of a Serviced Loan Combination. With respect to each Servicing Shift Mortgage Loan and the related Servicing Shift Loan Combination, each related Companion Loan will no longer be a Serviced Companion Loan on and after the related Servicing Shift Date.

  • Serviced Pari Passu Companion Loan Holder A holder of a Serviced Pari Passu Companion Loan.

  • Pari Passu Companion Loan A Companion Loan that, pursuant to the related Loan Documents and/or the related Co-Lender Agreement, is pari passu in right of payment to the related Split Mortgage Loan. The only Pari Passu Companion Loans related to the Trust as of the Closing Date are evidenced by the Notes identified in the Loan Combination Table under the column heading “Pari Passu Companion Loan(s),” each of which Notes evidences a separate Pari Passu Companion Loan.

  • Companion Loan As defined in the Introductory Statement.

  • REO Companion Loan Any Serviced Companion Loan if the related Mortgaged Property has become an REO Property.

  • Subordinate Companion Loan A Companion Loan that, to the extent provided in the related Loan Documents and/or the related Co-Lender Agreement, is generally subordinate in right of payment to the related Split Mortgage Loan. The only Subordinate Companion Loans related to the Trust as of the Closing Date are evidenced by the Notes identified in the Loan Combination Table under the column heading “Subordinate Companion Loan(s),” each of which Notes evidences a separate Subordinate Companion Loan.

  • Serviced Companion Loan Holder The holder of a Serviced Companion Loan.

  • Park Monaco Mortgage Loans The Mortgage Loans identified as such on the Mortgage Loan Schedule for which Park Monaco is the applicable Seller.

  • Note A-1 Securitization means the first sale by the Note A-1 Holder of all or a portion of Note A-1 to a depositor who will in turn include such portion of Note A-1 as part of the securitization of one or more mortgage loans.

  • Note A-2 Special Servicer means the special servicer under the Note A-2 PSA.

  • Note A-2 Securitization means the first sale by the Note A-2 Holder of all or a portion of Note A-2 to a depositor who will in turn include such portion of Note A-2 as part of the securitization of one or more mortgage loans.

  • Whole Loan As defined in the Introductory Statement.

  • Note A-1 Securitization Date means the closing date of the Note A-1 Securitization.

  • Note A-2 Securitization Date means the closing date of the Note A-2 Securitization.

  • Note A-1 Special Servicer means the special servicer under the Note A-1 PSA.

  • Companion Loan Holder The holder of a Companion Loan.

  • Note A-2 Master Servicer means the master servicer under the Note A-2 PSA.

  • Non-Performing High Yield Securities means High Yield Securities other than Performing High Yield Securities.

  • Loan Combination shall include any successor REO Mortgage Loan and the related successor REO Companion Loan(s) (or the related deemed Companion Loan(s), if applicable)). The only Loan Combinations related to the Trust as of the Closing Date are identified in the Loan Combination Table.