Whole Loan Custodial Account definition

Whole Loan Custodial Account means the “Whole Loan Custodial Account” established for the Mortgage Loan pursuant to the Lead Securitization Servicing Agreement.

Whole Loan Custodial Account means the custodial account or subaccount established for the Mortgage Loan pursuant to the Servicing Agreement.

Whole Loan Custodial Account. With respect to any Serviced Whole Loan, the segregated account or sub-accounts created and maintained by the Master Servicer pursuant to Section 3.04A on behalf of the holders of such Whole Loan, which shall be entitled "Wachovia Bank, National Association, as Master Servicer, in trust for Wells Fargo Bank, N.A., as Trustee, for the registered holders of GS Moxxxxxe Securities Corporation II, Commercial Mortgage Pass-Through Certificates, Series 2006-GG8, and COMPANION LOAN NOTEHOLDERS, as their interests may appear."

Examples of Whole Loan Custodial Account in a sentence

• The Lead Securitization Servicing Agreement shall provide that all amounts on deposit in the Serviced Whole Loan Custodial Account on a Remittance Date allocable under this Agreement to a Non-Lead Securitization Note Holder shall be deposited or credited on the Remittance Date for such Non-Lead Securitization by wire transfer of immediately available funds to an account specified by such Non-Lead Securitization Note Holder.

• If the Master Servicer deposits in or transfers to the Collection Account, any A/B Whole Loan Custodial Account or any Serviced Companion Loan Custodial Account, as the case may be, any amount not required to be deposited therein or transferred thereto, it may at any time withdraw such amount or retransfer such amount from the Collection Account, such A/B Whole Loan Custodial Account or such Serviced Companion Loan Custodial Account, as the case may be, any provision herein to the contrary notwithstanding.

• As and when required under this Agreement, the Master Servicer shall transfer to the Collection Account any amounts to be transferred thereto from a Serviced Whole Loan Custodial Account as contemplated by Section 3.06A(a)(i) of this Agreement.

• Interest or other income earned on funds in the Collection Account, Whole Loan Custodial Account and Mortgagor Accounts (to the extent consistent with the related Loan Documents), shall be paid to the Master Servicer as additional servicing compensation and interest or other income earned on funds in any REO Account shall be payable to the Special Servicer.

• Interest or other income earned on funds in the Collection Account, Serviced Whole Loan Custodial Account and Mortgagor Accounts (to the extent consistent with the related Mortgage Loan Documents), shall be paid to the Master Servicer as additional servicing compensation and interest or other income earned on funds in any REO Account shall be payable to the Special Servicer.

More Definitions of Whole Loan Custodial Account

Whole Loan Custodial Account. (as defined in the applicable Other Pooling and Servicing Agreement), as applicable, maintained pursuant to the applicable Other Pooling and Servicing Agreement that are allocated to the Outside Serviced Trust Loan are insufficient for reimbursement of such amounts, such Indemnified Party shall be entitled to be reimbursed by the Trust (including out of general collections in the Collection Account) for the Trust’s pro rata share of the insufficiency;

Whole Loan Custodial Account. With respect to any Serviced Whole Loan, the respective segregated account or sub-account created and maintained by the Master Servicer pursuant to Section 3.05A of this Agreement on behalf of the holders of such Serviced Whole Loan, which (subject to any changes in the identities of the Master Servicer and/or the Trustee) shall be entitled “Midland Loan Services, a Division of PNC Bank, National Association, as Master Servicer, on behalf of Computershare Trust Company, National Association, as Trustee, for the benefit of the registered Holders of BMO 2023-C5 Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2023-C5, the Uncertificated Interest Owners, and the related Serviced Companion Loan Holder, as their interests may appear.”

Whole Loan Custodial Account. With respect to any Whole Loan, the respective segregated account or sub-account created and maintained by the Master Servicer pursuant to Section 3.05A of this Agreement on behalf of the holders of such Whole Loan, which (subject to any changes in the identities of the Master Servicer or the Trustee) shall be entitled “Xxxxx Fargo Bank, National Association, as Master Servicer, on behalf of Deutsche Bank Trust Company Americas, as Trustee, for the benefit of the registered Holders of GS Mortgage Securities Corporation II, Commercial Mortgage Pass-Through Certificates, Series 2014-GC18, and the related Companion Loan Holder, as their interests may appear.”

Whole Loan Custodial Account. With respect to any Whole Loan (other than any Non-Serviced Loan), the segregated account or accounts created and maintained by the Master Servicer pursuant to Section 3.04(e) on behalf of the related Whole Loan noteholders, which shall be entitled "Bank of America, National Association, as Master Servicer, in trust for the Whole Loan noteholders, as their interests may appear". Any such account shall at all times be an Eligible Account.

Whole Loan Custodial Account. With respect to any Whole Loan, the respective segregated account or sub-account created and maintained by the Master Servicer pursuant to Section 3.05A of this Agreement on behalf of the holders of such Whole Loan, which shall be entitled “Wxxxx Fargo Bank, National Association, as Master Servicer, on behalf of U.S. Bank National Association, as Trustee, for the benefit of the registered Holders of Citigroup Commercial Mortgage Securities Inc., Commercial Mortgage Pass-Through Certificates, Series 2012-GC8, and the related Companion Loan Holder, as their interests may appear.”

Whole Loan Custodial Account. With respect to any Whole Loan, the segregated account or sub-accounts created and maintained by the Master Servicer pursuant to Section 3.05A of this Agreement on behalf of the holders of such Whole Loan, which shall be entitled “[_____], as Master Servicer, in trust for [_____], as Trustee, for the registered holders of GS Mortgage Securities Corporation II, Commercial Mortgage Pass-Through Certificates, Series 20[__]-[__] [and the holders of the related Companion Loan, as their interests may appear].”

Whole Loan Custodial Account. With respect to the Whole Loans, the segregated account or accounts created and maintained by the Master Servicer pursuant to Section 3.04(e) on behalf of (i) the Mission City Corporate Center Noteholders, which shall be entitled "Bank of America, N.A., as Master Servicer, in trust for the Mission City Corporate Center Whole Loan Noteholders, as their interests may appear", and (ii) the Regents Square I & II Noteholders, which shall be entitled "Bank of America, N.A., as Master Servicer, in trust for the Regents Square I & II Whole Loan Noteholders, as their interests may appear". Any such account shall at all times be an Eligible Account.