CMBS Securities definition

CMBS Securities means, any investment securities that represent an interest in, or are secured by, one or more pools of commercial mortgage loans or synthetic mortgages.
CMBS Securities means CMBS Conduit Securities, CMBS Franchise Securities, CMBS Large Loan Securities, CMBS Single Borrower Securities, CMBS Re-REMIC Securities or CMBS Credit Tenant Lease Securities, as the case may be.

Examples of CMBS Securities in a sentence

  • Backed by a Portfolio of RMBS Securities, CMBS Securities, CDO Securities and Other Asset-Backed Securities and Synthetic Securities of which the Reference Obligations are RMBS Securities, CMBS Securities, CDO Securities or Other Asset-Backed Securities.

  • IMPLEMENTATION TIMELINES D Appropriations contained within the bill, related to the Ohio Core, were effective upon the Governor’s signature.D All appropriations, related to the Ohio Core, were appropriated for use in FY 2007 beginning July 1, 2006.D All other provisions contained within the bill became effective 90 days after signed by the governor.

  • Training Sessions Training sessions that are sanctioned or approved by the IAAF for the purposes of these AR Regulations.

  • The rate of interest payable on CMBS Securities may be set or effectively capped at the weighted average net coupon of the underlying mortgage loans themselves, often referred to as an "available funds cap".

  • An IDE selection depends on many factors like project, organization and programming skills.


More Definitions of CMBS Securities

CMBS Securities. Securities that entitle the holders thereof to receive payments that depend (except for rights or other assets designed to assure the servicing or timely distribution of proceeds to holders of the securities) on the cash flow from a pool of commercial mortgage loans made to finance the acquisition, construction and improvement of properties. They generally have the following characteristics: (i) the commercial mortgage loans have varying contractual maturities; (ii) the commercial mortgage loans are secured by Interests in Real Property purchased or improved with the proceeds thereof (or to refinance an outstanding loan the proceeds of which were so used); (iii) the commercial mortgage loans are obligations of a relatively limited number of obligors and accordingly represent a relatively undiversified pool of obligor credit risk; (iv) repayment thereof can vary substantially from the contractual payment schedule (if any), with early prepayment of individual loans depending on numerous factors specific to the particular obligors and upon whether, in the case of loans bearing interest at a fixed rate, such loans or securities include an effective prepayment premium; and (v) the valuation of individual properties securing the commercial mortgage loans is the primary factor in any decision to invest in these securities.
CMBS Securities means Asset-Backed Securities that entitle the holders thereof to receive payments that depend (except for rights or other assets designed to assure the servicing or timely distribution of proceeds to holders of the Asset-Backed Securities) on the cash flow from (a) a pool of commercial mortgage loans made to finance the acquisition, construction and improvement of properties or (b) the leasing of such properties to corporate tenants. They generally have the following characteristics: (a) the commercial mortgage loans have varying contractual maturities; (b) the commercial mortgage loans are secured by real property purchased or improved with the proceeds thereof; (c) the commercial mortgage loans are obligations of a relatively limited number of obligors and accordingly represent a relatively undiversified pool of obligor credit risk; (d) repayment thereof can vary substantially from the contractual payment schedule (if any), with early prepayment of individual loans depending on numerous factors specific to the particular obligors and upon whether, in the case of loans bearing interest at a fixed rate, such loans or securities include an effective prepayment premium.
CMBS Securities means Collateral Debt Obligations, including any Single Asset Mortgage Security or Single Borrower Mortgage Security, that entitle the holders thereof to receive payments that depend (except for rights or other assets designed to assure the servicing or timely distribution of proceeds to holders of the Collateral Debt Obligations) on the cash flow from a pool of Underlying Loans made to finance the acquisition, construction and improvement of Underlying Properties.
CMBS Securities means Collateral Debt Obligations, including any Single Asset Mortgage Security or Single Borrower Mortgage Security, that entitle the holders thereof to receive payments that depend (except for rights or other assets designed to assure the servicing or timely distribution of proceeds to holders of the Collateral Debt Obligations) on the cash flow from a pool of Underlying Loans made to finance the acquisition, construction and improvement of Underlying Properties or to refinance existing loans; provided that in no event will CMBS Securities include collateralised debt obligations that depend on the cash flow from a portfolio consisting primarily of B Notes, C Notes, Real Estate Mezzanine Loans or similar interests in commercial mortgage loans.
CMBS Securities or “CMBS” or has the meaning specified in Schedule K hereto.
CMBS Securities. Commercial mortgage backed securities that may be included in the Collateral.
CMBS Securities means CMBS Conduit Securities, CMBS Credit Tenant Lease Securities, CMBS Large Loan Securities (including CMBS Single Property Securities), CRE CDO Securities and any Asset-Backed Securities that entitle the holders thereof to receive payments that depend (except for rights or other assets designed to assure the servicing or timely distribution of proceeds to holders of the Asset-Backed Securities) on the cash flow from a portfolio of loans secured primarily by commercial real estate.