Mortgage Loan Borrower Related Party definition

Mortgage Loan Borrower Related Party shall have the meaning assigned to such term in Section 13.

Mortgage Loan Borrower Related Party shall have the meaning assigned to such term in Section 18.

Mortgage Loan Borrower Related Party shall have the meaning given to the term “Borrower Related Party” in the Lead Securitization Servicing Agreement.

Examples of Mortgage Loan Borrower Related Party in a sentence

• Notwithstanding the foregoing, each Note Holder shall have the right, without the need to obtain the consent of any other Note Holder or of any other Person or having to provide any Rating Agency Confirmation or Rating Agency Communication, to Transfer 49% or less (in the aggregate) of its beneficial interest in a Note, other than to the Mortgage Loan Borrower or a Mortgage Loan Borrower Related Party.

• Notwithstanding the foregoing, each Holder shall have the right, without the need to obtain the consent of any other Holder or of any other Person or having to provide any Rating Agency Confirmation, to Transfer 49% or less (in the aggregate) of its beneficial interest in a Note to an entity that is not the Mortgage Loan Borrowers or a Mortgage Loan Borrower Related Party.

More Definitions of Mortgage Loan Borrower Related Party

Mortgage Loan Borrower Related Party shall have the meaning (i) prior to the Securitization Date, assigned to such term or an analogous term in the Model TSA and (ii) from and after the Securitization Date, assigned to such term or an analogous term in the Securitization Servicing Agreement.

Mortgage Loan Borrower Related Party. (i) prior to the Securitization Date, shall have the meaning assigned to the term “Borrower Party” in the Model PSA or such other analogous term used in the Model PSA and (ii) from and after the Securitization Date, shall have the meaning assigned to the term “Borrower Party” in the Servicing Agreement or such other analogous term used therein.

Mortgage Loan Borrower Related Party means the Mortgage Loan Borrower, a manager of a Mortgaged Property, a Restricted Mezzanine Holder, or a Mortgage Loan Borrower Party Affiliate.

Mortgage Loan Borrower Related Party means with respect to a borrower, a mortgagor, a manager of a Mortgaged Property or a Restricted Mezzanine Holder, (a) any other Person controlling or controlled by or under common control with such borrower, mortgagor, manager or Restricted Mezzanine Holder, as applicable, (b) and if the Lead Note is in a Securitization and is one of the 10 largest loans as calculated under the Lead PSA, any other Person owning, directly or indirectly, 25% or more of the beneficial interests in such borrower, mortgagor or manager, as applicable, or (c) any other Person owning, directly or indirectly, 25% or more of the beneficial interests in such Restricted Mezzanine Holder. For the purposes of this definition,

Mortgage Loan Borrower Related Party means the Mortgage Loan Borrower, any Guarantor (as such term is defined in the Loan Agreement), any replacement guarantor required under the Loan Agreement or any of their respective Affiliates.

Mortgage Loan Borrower Related Party shall have the meaning assigned to such term or an analogous term in the Servicing Agreement.

Mortgage Loan Borrower Related Party shall have the meaning assigned to such term in the A/B Co-Lender Agreement.