Additional Mortgage Loans definition

Additional Mortgage Loans shall have the meaning set forth in Section 9.1(u) hereof.
Additional Mortgage Loans. Any Mortgage Loans included in the Mortgage Pool as of the Closing Date but not identified by the Originator before the opening of business on December 1, 1997, but excluding any Qualified Substitute Mortgage Loans.
Additional Mortgage Loans. The Mortgage Loans sold to the Trust for inclusion in Loan Group I or Loan Group II pursuant to Section 2.10 of this Agreement and the Additional Transfer Agreement, which shall be listed on the mortgage loan schedule attached to the Additional Transfer Agreement.

Examples of Additional Mortgage Loans in a sentence

  • On any Distribution Date following the date at which the remaining aggregate Principal Balance of the Mortgage Loans is less than 10% of the sum of (i) the aggregate Stated Principal Balance of the Initial Mortgage Loans and the Additional Mortgage Loans as of the related Cut-off Date and (ii) the Original Pre-Funded Amounts, the Servicer may purchase, in whole, from the Trust the Mortgage Loans at a purchase price determined as provided in the Agreement.

  • Additional Mortgage Loans may be subject hereto pursuant to a Transmission to the Servicer by the Owner, setting forth the Effective Date with respect thereto.

  • Within 2 Business Days after the decision of the Approved Valuation Firm, Seller shall designate Additional Mortgage Loans or pay the cash fair market value, as applicable so that the Make Whole Amount is not more than zero.

  • The Additional Mortgage Loans shall satisfy the requirements of Section 3.03 below and shall have Excess Servicing Fee Rates such that the Make Whole Amount (calculated as though such Additional Mortgage Loans were New Mortgage Loans) is not more than zero.

  • Concurrently with the execution and delivery of each Transfer Supplement, the Depositor does hereby assign to the Issuer all of its rights and interest under the Sale Agreement with respect to the [Subsequent Mortgage Loans] [Additional Mortgage Loans] added to the Sale Agreement pursuant to such Transfer Supplement, but only to the extent assigned under the Sale Agreement.


More Definitions of Additional Mortgage Loans

Additional Mortgage Loans has the meaning provided to such term in Section 2.11.1. ​ ​ ​
Additional Mortgage Loans means the Mortgage Loans to be incurred, directly or indirectly, by Operating LP to acquire the Additional Properties;
Additional Mortgage LoansMortgage Loans which meet the eligibility requirements of Section 6 hereof and are provided by Lender to Xxxxxx Mae pursuant to Section 7(a) hereof.
Additional Mortgage Loans means the mortgage loans listed on the Schedule of Mortgage Loans which were identified subsequent to August 10, 1997 but prior to the Closing Date.
Additional Mortgage Loans. Any Mortgage Loans included in the Mortgage Pool but not identified by the Originator before the opening of business on June 1, 1997, but excluding any Qualified Substitute Mortgage Loans.
Additional Mortgage Loans. [as identified in the Annexure hereto.] Additional Mortgage Portfolio Sale Date: [•] Additional Mortgage Portfolio Consideration [(estimate)]: [•] Additional Mortgage Portfolio Cut-Off Date: [•] Signed for and on behalf of in its capacity as the Seller We hereby acknowledge receipt of and confirm the contents of the Additional Mortgage Portfolio Sale Notice dated [•] and that the conditions described in Clause 3.5(B)(2)(e) and (f) (Conditions Precedent to the Purchase of the Mortgage Portfolio) of the Mortgage Sale Agreement have been satisfied. Attorney For and on behalf of [•] To: ULSTER BANK IRELAND DESIGNATED ACTIVITY COMPANY Xxxxxx Xxxx Xxxxx Xxxxxx, Xxxxxxx Xxxx Dublin 2, Ireland (the “Seller”)
Additional Mortgage Loans means any Mortgage Loans included in the Mortgage Pool as of the Closing Date but not identified by the Originator before the close of business on ___________, 1997, but excluding any Qualified Substitute Mortgage Loans.