Nonsubserviced Mortgage Loan. Any Mortgage Loan that, at the time of reference thereto, is not subject to a Subservicing Agreement.
Nonsubserviced Mortgage Loan. Any Mortgage Loan that is not subject to a Servicing Agreement on the date of issuance of a Series of Certificates or thereafter.
Nonsubserviced Mortgage Loan. Any Mortgage Loan that is not subject to a Warranty and Servicing Agreement on the date of issuance of a Series of Certificates or thereafter. *Officers' Certificate: A certificate signed by the Chairman of the Board, the Vice Chairman of the Board, the President, a vice president (however denominated; or a member of the Executive Group, and by the Treasurer, the Secretary, or one of the assistant treasurers or assistant secretaries of the Depositor or the Master Servicer, as the case may be, and delivered to the Depositor and/or the Master Servicer or the Trustee, as required by this Agreement.
More Definitions of Nonsubserviced Mortgage Loan
Nonsubserviced Mortgage Loan. Any Mortgage Loan that, at the time of reference thereto, is not subject to a Subservicing Agreement. [NY01B:304248.5] 16069-00388 02/27/97 1:33pm
Nonsubserviced Mortgage Loan. Any Mortgage Loan that is not subject ---------------------------- to a Servicing Agreement on the date of issuance of a Series of Certificates or thereafter.
Nonsubserviced Mortgage Loan. Any Mortgage Loan that, at the time of reference thereto, is not subject to a Subservicing Agreement. Notional Amount: As to the Class IO Certificates and any date of determination, an amount equal to the Uncertificated Principal Balance of the Uncertificated REMIC I Regular Interest Y.
Nonsubserviced Mortgage Loan. Any Mortgage Loan that, at the time of reference thereto, is not subject to a Subservicing Agreement. Note Margin: With respect to each Mortgage Loan, the fixed percentage set forth in the related Mortgage Note and indicated on the Mortgage Loan Schedule as the note margin, which percentage is added to the Index on each Adjustment Date to determine (subject to rounding in accordance with the related Mortgage Note, the Periodic Cap, the Maximum Mortgage Rate and the Minimum Mortgage Rate) the interest rate to be borne by such Mortgage Loan until the next Adjustment Date.