Collateral Pool Assets definition

Collateral Pool Assets means the collective reference to the Initial Collateral Pool Assets and any other Properties added as "Collateral Pool Assets" from time to time under Section 2.20 hereof, provided that the term "Collateral Pool Assets" as of any date shall not include any Collateral Pool Asset which has been previously released from the applicable Mortgage under the procedure set forth in Section 2.19(c) hereof (and not subsequently added as a "Collateral Pool Asset" under Section 2.20).
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Collateral Pool Assets means at any time the Eligible Collateral Assets comprising the Collateral Pool;
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Examples of Collateral Pool Assets in a sentence

  • Cause all Collateral Pool Assets to continue to meet all the requirements included in the definition of "Eligible Property" hereunder (except for the condition regarding 60% occupancy in subsection (x) of those requirements).

  • The Administrative Agent shall have received a copy of all recorded documents with respect to the Initial Collateral Pool Assets referred to, or listed as exceptions to title in, the title policy or policies referred to in Section 4.1(n) and a copy, certified by such parties as the Administrative Agent may deem appropriate, of all other documents affecting the Properties covered by each Mortgage, including without limitation copies of any ground leases on any of such Properties.

  • The Administrative Agent shall have received current Appraisal Summaries which shall indicate the Collateral Pool Asset Value for each of the Initial Collateral Pool Assets.

  • Notwithstanding anything to the contrary in this Agreement or Exhibit K, so long as any portion of the Collateral Pool Assets is located in the State of Texas, no replacement note or notes will be issued that would require a modification to the Mortgages or such Collateral Pool Assets unless the selling Lender pays for replacement title insurance policies therefor.

  • Originals of the Loan Documents (in such quantities as the Lenders may reasonably request), including the Mortgage Amendments for all Initial Collateral Pool Assets, duly executed by authorized officers of the appropriate entity.

  • Originals of the Loan Documents (in such quantities as the Lenders may reasonably request), including Mortgages and Assignments of Leases for all Initial Collateral Pool Assets, duly executed by authorized officers of the appropriate entity.

  • Notwithstanding anything to the contrary in this Agreement or Exhibit K, so long as any portion of the Collateral Pool Assets is located in the State of Texas, no replacement note or notes will be issued that would require a modification to the Mortgages or such Collateral Pool Assets unless the selling Lender pays for replacement title insurance policies therefore.

  • The Administrative Agent shall have received current Appraisals which shall indicate the Collateral Pool Asset Value for each of the Initial Collateral Pool Assets.

  • Cause all items designated as "Immediate Repairs" in the Property Condition Report prepared by IVI Architects Engineers and Construction Consultants in connection with the Initial Collateral Pool Assets to be completed within sixty 6 months after the Agreement Execution.

  • Such investigation and testing shall be completed within sixty (60) days from the Agreement Effective Date and if the results are unsatisfactory to Administrative Agent it can require such Properties to not be included as Collateral Pool Assets in which case Borrower shall make any payment required by Section 2.19(b) within the time period provided therein.

Related to Collateral Pool Assets

  • Mortgage Pool Assets (i) The Mortgage Loans (including all Substitute Mortgage Loans) identified on the Mortgage Loan Schedule, and all rights pertaining thereto, including the related Mortgage Notes, Mortgages, Cooperative Stock Certificates, Cooperative Leases, Security Agreements, Assignments of Proprietary Lease, and Recognition Agreements, and all Monthly Payments due after the Cut-Off Date and all other payments and distributions collected with respect to the Mortgage Loans on or after the Cut-Off Date; (ii) the Certificate Account, the Investment Account, and all money, instruments, investment property, and other property credited thereto, carried therein, or deposited therein (except amounts constituting the Servicing Fee); (iii) the Custodial Accounts for P&I and any Buydown Fund Account (to the extent of the amounts on deposit or other property therein attributable to the Mortgage Loans), and all money, instruments, investment property, and other property credited thereto, carried therein, or deposited therein (except amounts constituting the Servicing Fee); (iv) all property that secured a Mortgage Loan and that has been acquired by foreclosure or deed in lieu of foreclosure or, in the case of a Cooperative Loan, a similar form of conversion, after the Cut-Off Date; and (v) each FHA insurance policy, Primary Insurance Policy, VA guaranty, and other insurance policy related to any Mortgage Loan, and all amounts paid or payable thereunder and all proceeds thereof.

  • Collateral Pool means, at any time, each Portfolio Investment that has been Delivered (as defined in the Guarantee and Security Agreement) to the Collateral Agent and is subject to the Lien of the Guarantee and Security Agreement, and then only for so long as such Portfolio Investment continues to be Delivered as contemplated therein and in which the Collateral Agent has a first-priority perfected Lien as security for the Secured Obligations (subject to any Lien permitted by Section 6.02 hereof with respect to such Portfolio Investment), provided that in the case of any Portfolio Investment in which the Collateral Agent has a first-priority perfected (subject to Permitted Liens under clause (g) of the definition thereof) security interest pursuant to a valid Uniform Commercial Code filing, such Portfolio Investment may be included in the Collateral Pool so long as all remaining actions to complete “Delivery” are satisfied in full within the longest period of (i) seven (7) days of such inclusion and (ii) as the Collateral Agent may agree in its reasonable discretion.

  • Pool Assets has the meaning set forth in Section 1.2(d) of the Agreement.

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

  • Collateral Portfolio means all right, title, and interest (whether now owned or hereafter acquired or arising, and wherever located) of the Borrower in the property identified below in clauses (i) through (iv) and all accounts, cash and currency, chattel paper, tangible chattel paper, electronic chattel paper, copyrights, copyright licenses, equipment, fixtures, contract rights, general intangibles, instruments, certificates of deposit, certificated securities, uncertificated securities, financial assets, securities entitlements, commercial tort claims, deposit accounts, inventory, investment property, letter-of-credit rights, software, supporting obligations, accessions, or other property consisting of, arising out of, or related to any of the following (in each case excluding the Retained Interest and the Excluded Amounts):

  • Indenture Collateral has the meaning set forth in the Granting Clause of the Indenture.

  • Trust Account Property means the Trust Accounts, all amounts and investments held from time to time in any Trust Account (whether in the form of deposit accounts, Physical Property, book-entry securities, uncertificated securities or otherwise), and all proceeds of the foregoing.

  • 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.

  • Reserve Account Property shall have the meaning specified in Section 4.7(a) of the Sale and Servicing Agreement.

  • First Lien Mortgage Loan A Mortgage Loan secured by a first lien Mortgage on the related Mortgaged Property.

  • Securitization Property means the property described in section 10j.

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

  • Loan Assets means, collectively and as applicable, the Initial Loan Assets, the Substitute Loan Assets and the Additional Loan Assets, as applicable.

  • Portfolio Assets means all Loan Assets owned by the Borrower, together with all proceeds thereof and other assets or property related thereto, including all right, title and interest of the Borrower in and to:

  • First Priority Collateral means all assets, whether now owned or hereafter acquired by the Borrower or any other Loan Party, in which a Lien is granted or purported to be granted to any First Priority Secured Party as security for any First Priority Obligation.

  • Collateral Loan means a Senior Secured Loan, a Senior Secured Bond, a First Lien/Last Out Loan or a Second Lien Loan or a Participation Interest in any Senior Secured Loan, First Lien/Last Out Loan or Second Lien Loan that as of the date of acquisition by the Borrower meets each of the following criteria:

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

  • Additional Collateral Mortgage Loan Each Mortgage Loan identified as such in the Mortgage Loan Schedule.

  • Second Lien Mortgage Loan A Mortgage Loan secured by a second lien Mortgage on the related Mortgaged Property.

  • Second Priority Collateral means any “Collateral” as defined in any Second Priority Debt Document or any other assets of the Borrower or any other Grantor with respect to which a Lien is granted or purported to be granted pursuant to a Second Priority Collateral Document as security for any Second Priority Debt Obligation.

  • UCC Collateral is defined in Section 3.03.

  • Loan Collateral With respect to any Mortgage Loan, the related Mortgaged Property and any personal property securing the related Mortgage Loan, including any lessor’s interest in such property, whether characterized or recharacterized as an ownership or security interest, and including any accounts or deposits pledged to secure such Mortgage Loan, and any Additional Collateral.

  • 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.

  • Portfolio Asset means an asset of an investment fund;

  • Pool 1 Mortgage Loans Any Mortgage Loan in Pool 1.

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