First Securitization definition

First Securitization means the earliest to occur of the Note A-1 Securitization and the Note A-2 Securitization.
First Securitization means the Securitization with the earliest Securitization Date.

Examples of First Securitization in a sentence

  • If the First Securitization includes Note A-1, on and after the Securitization Date, the originals of all of the Mortgage Loan Documents (except for the Notes other than Note A-1 and any other Notes included in such First Securitization) shall be transferred to and held in the name of the trustee (and held by a duly appointed custodian therefor) under the Securitization Servicing Agreement, on behalf of the registered holders of the Notes.

  • Prior to the First Securitization, the originals of all of the Mortgage Loan Documents (except for the Notes) shall be held by a duly appointed custodian of the Initial Agent on behalf of the registered holders of the Notes, and each of the Notes shall be held by its respective Noteholder or a duly appointed custodian of such Noteholder.


More Definitions of First Securitization

First Securitization means the first Securitization to close, which will be the Note A-1
First Securitization means the Note A-1 Securitization.
First Securitization means the earliest to occur of any Securitization; provided that, prior to the Securitization of Note A-1, if two or more Notes other than Note A-1 have the same Securitization Date but are included in different Securitizations, then the Securitization including the Note(s) with the larger (aggregate) Note Principal Balance shall be the First Securitization; and provided, further, that if Note A-1 and any other Note are included in different Securitizations that have the same Securitization Date, the Securitization that includes Note A-1 shall be the First Securitization.
First Securitization means the first Securitization into which a Note is deposited.
First Securitization means the earliest to occur of the Note A-1(A-CP) Securitization, the Note A-1(A-NCP) Securitization, the Note A-1(B-CP) Securitization, the Note A-2 Securitization, the Note A-3(A-CP) Securitization, the Note A-3(B-CP) Securitization, the Note A-3(C-CP) Securitization, the Note A-3(D-NCP) Securitization, the Note A-3(E-NCP) Securitization and the Note A-3(F-NCP) Securitization.
First Securitization means the BANK 2020-BNK30 securitization described in the recitals, which included Note A-3 and Note A-6.