Common use of Cooperative Clause in Contracts

Cooperative. A private, cooperative housing corporation which owns or leases land and all or part of a building or buildings, including apartments, spaces used for commercial purposes and common areas therein and whose board of directors authorizes, among other things, the sale of Cooperative Stock.

Appears in 71 contracts

Samples: Pooling and Servicing Agreement (Phoenix Residential Securities, LLC), Master Servicing Agreement (Phoenix Residential Securities, LLC), Pooling and Servicing Agreement (WaMu Mortgage Pass-Through Certificates, Series 2005-Ar4)

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Cooperative. A private, cooperative housing corporation organized under the laws of, and headquartered in the state in which the related premises are located, which owns or leases land and all or part of a building or buildingsbuildings located in any such state, including apartments, spaces used for commercial purposes and common areas therein and whose board of directors authorizes, among other things, the sale of Cooperative Stock.

Appears in 3 contracts

Samples: Mortgage Loan Purchase Agreement (GSR Mortgage Loan Trust 2007-1f), Mortgage Loan Purchase Agreement (GSR Mortgage Loan Trust 2007-3f), Mortgage Loan Purchase Agreement (GSR Mortgage Loan Trust 2007-2f)

Cooperative. A The private, non-profit cooperative housing apartment corporation which owns or leases land all of the real property that comprises the Project, including the land, separate dwelling units and all or part of common areas. Cooperative Apartment: The specific dwelling unit relating to a building or buildings, including apartments, spaces used for commercial purposes and common areas therein and whose board of directors authorizes, among other things, the sale of Cooperative StockLoan.

Appears in 2 contracts

Samples: Master Mortgage Loan Sale Agreement (ZAIS Financial Corp.), Assignment, Assumption and Recognition Agreement (ACE Securities Corp. Home Equity Loan Trust, Series 2006-He1)

Cooperative. A private, private cooperative housing corporation which owns or leases land and all or part of a building or buildings, including apartments, spaces used for commercial purposes and common areas therein and whose board of directors authorizes, among other things, the sale of Cooperative Stock.

Appears in 1 contract

Samples: Pooling and Servicing Agreement

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Cooperative. A private, private cooperative housing corporation which owns or leases land and all or part of a building or buildings, including apartments, spaces used for commercial purposes and common areas therein and whose board of directors authorizes, among other things, the sale of Cooperative Stock.purposes

Appears in 1 contract

Samples: Pooling and Servicing Agreement

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