AB Mortgaged Property definition

AB Mortgaged Property. The Mortgaged Property which secures the related AB Whole Loan.
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AB Mortgaged Property. The Mortgaged Property which secures the related AB Whole Loan. For the avoidance of doubt, there are no AB Mortgaged Properties related to the Trust.
Sample 1Sample 2Sample 3

Examples of AB Mortgaged Property in a sentence

  • For the avoidance of doubt, there is no AB Mortgaged Property related to the Trust.

  • As of the Closing Date, the U.S. Steel Tower Mortgaged Property is an AB Mortgaged Property.

  • If such REO Acquisition occurs with respect to an A/B Mortgaged Property, then the Special Servicer shall establish an REO Account solely with respect to such property (an "A/B REO Account"), to be held for the benefit of the Certificateholders and the related B-Noteholder(s), as their interests may appear.

  • With respect to any AB Whole Loan, any related companion loan evidenced by the related promissory note made by the related Mortgagor and secured by the Mortgage on the related AB Mortgaged Property, which is not included in the Trust and which is subordinate in right of payment to the related AB Mortgage Loan to the extent set forth in the related Mortgage Loan documents and as provided in the related AB Intercreditor Agreement.

  • With respect to any AB Whole Loan, the related companion loan evidenced by the related promissory note made by the related Mortgagor(s) and secured by the Mortgage on the related AB Mortgaged Property, which is not included in the Trust and which is subordinate in right of payment to the related AB Mortgage Loan to the extent set forth in the related Mortgage Loan documents and as provided in the related Intercreditor Agreement.

  • Notwithstanding the foregoing, in no event shall a Master Servicer or the Special Servicer obtain an appraisal of any A/B Mortgaged Property pursuant to this Section 3.09(a) after the related A-Note Trust Mortgage Loan has been paid in full.

  • Notwithstanding the foregoing, in no event shall the Master Servicer or the Special Servicer obtain an appraisal of any A/B Mortgaged Property pursuant to this Section 3.09(a) after the related A-Note Mortgage Loan has been paid in full.

  • The Special Servicer will deliver a copy of each Required Appraisal (or letter update or internal valuation) to the applicable Master Servicer, the Controlling Class Representative and the Trustee (and, in the case of an A/B Mortgaged Property, the related B-Noteholder(s)) within 10 Business Days of obtaining such Required Appraisal (or letter update or internal valuation).

  • The Special Servicer will deliver a copy of each Required Appraisal (or letter update or internal valuation) to the Master Servicer, the Controlling Class Representative and the Trustee (and, in the case of the [ABC] Mortgaged Property, the Class [XXX] Representative and, in the case of an A/B Mortgaged Property, the related B-Noteholder(s)) within 10 Business Days of obtaining such Required Appraisal (or letter update or internal valuation).

Related to AB Mortgaged Property

  • Mortgaged Property shall have the meaning assigned to such term in the recitals.

  • Underlying Mortgaged Property With respect to each Co-op Loan, the underlying real property owned by the related residential cooperative housing corporation.

  • Mortgaged Properties the real properties listed on Schedule 1.1B, as to which the Administrative Agent for the benefit of the Lenders shall be granted a Lien pursuant to the Mortgages.

  • Additional Mortgaged Property has the meaning assigned to that term in subsection 6.9.

  • Closing Date Mortgaged Property as defined in Section 3.1(h).

  • Mortgaged Premises means any real property which shall now or hereafter be subject to a Notes Mortgage.

  • Mortgaged Real Property means (a) each Real Property identified on Schedule 1.01(a) hereto and (b) each Real Property, if any, which shall be subject to a Mortgage delivered after the Original Closing Date pursuant to Section 5.11(d) or pursuant to Section 5.11(d) of the Original Credit Agreement or the Prior Credit Agreement.

  • Mortgage Collateral the “Collateral” as defined in the Mortgage Loan Agreement.

  • Released Mortgaged Property Proceeds As to any Mortgage Loan, proceeds received by the Servicer in connection with (a) a taking of an entire Mortgaged Property by exercise of the power of eminent domain or condemnation or (b) any release of part of the Mortgaged Property from the lien of the related Mortgage, whether by partial condemnation, sale or otherwise, which are not released to the Mortgagor in accordance with applicable law and mortgage servicing standards the Servicer would use in servicing mortgage loans for its own account and this Agreement.

  • Individual Property means each parcel of real property, the Improvements thereon and all Personal Property owned by Mortgage Borrower and encumbered by a Mortgage, together with all rights pertaining to such Property and Improvements, as more particularly described in each Mortgage and referred to therein as the “Property”.

  • Real Property Collateral means the parcel or parcels of Real Property identified on Schedule R-1 and any Real Property hereafter acquired by Borrower.

  • Collateral has the meaning specified in the Granting Clause of this Indenture.

  • Foreclosed Property The Property or other Collateral securing the Mortgage Loan, title to which has been acquired by the Special Servicer on behalf of the Trust and the Companion Loan Holders through foreclosure, deed in lieu of foreclosure or otherwise in the name of the Trustee or its nominee.

  • Pledged Asset Mortgage Loan A Mortgage Loan as to which, at the time of origination, a Letter of Credit was issued in favor of the initial holder of such Mortgage Loan.

  • UCC Collateral is defined in Section 3.03.

  • Subject Property means any premises located in the County on which an energy efficiency improvements, water efficiency improvements, or renewable resource applications are being or have been made and financed through an outstanding PACE loan.

  • Mortgage Assets The Mortgage Loans to be included in the Trust Fund are as described in Annex A hereto.

  • Real Property Assets means as to any Person as of any time, the real property assets (including, without limitation, interests in participating mortgages in which such Person’s interest therein is characterized as equity according to GAAP) owned directly or indirectly by such Person at such time.

  • Park Sienna Mortgage Loans The Mortgage Loans identified as such on the Mortgage Loan Schedule for which Park Sienna is the applicable Seller.

  • Leased Properties have the meaning set forth in Section 3.16 herein.

  • Cooperative Property The real property and improvements owned by the Cooperative Corporation, including the allocation of individual dwelling units to the holders of the Coop Shares of the Cooperative Corporation.

  • Senior Collateral means any “Collateral” as defined in any Credit Agreement Loan Document or any other Senior Debt Document or any other assets of the Company or any other Grantor with respect to which a Lien is granted or purported to be granted pursuant to a Senior Collateral Document as security for any Senior Obligations.

  • Personal Property Collateral means all Collateral other than Real Property.

  • Real Property means, collectively, all right, title and interest (including any leasehold, mineral or other estate) in and to any and all parcels of or interests in real property owned or leased by any Person, whether by lease, license or other means, together with, in each case, all easements, hereditaments and appurtenances relating thereto, all improvements and appurtenant fixtures and equipment, all general intangibles and contract rights and other property and rights incidental to the ownership, lease or operation thereof.

  • Improved Property means any property upon which there is erected a structure intended for continuous or periodic habitation, occupancy or use by human beings or animals and from which structure Sanitary Sewage and/or Industrial Wastes shall be or may be discharged.

  • Borrowing Base Property means any one of the Borrowing Base Properties.