CRE CDO definition

CRE CDO means commercial real estate collateralized debt obligations.
CRE CDO means CDO/CLO Securities that entitle the holder thereof to receive payments that depend (except for rights or other assets designed to assume the servicing or timely distribution of proceeds to holders of such CDO/CLO Securities) on the cash flow from (and not the market value of) a portfolio of at least 80 per cent. by principal balance of commercial real estate assets (including, without limitation, CMBS Securities and REIT Debt Securities).

Examples of CRE CDO in a sentence

  • In the case of any CMBS Security or CRE CDO Security that is a certificated security, Seller has delivered to Issuer or its designee such certificated security, along with any and all certificates, assignments, and bond powers executed in blank, necessary to transfer such certificated security under the issuing documents of such CMBS Security or CRE CDO Security.

  • Upon consummation of the purchase contemplated to occur in respect of such Security on the Closing Date, Seller will have validly and effectively conveyed to Issuer all legal and beneficial interest in and to such CMBS Security or CRE CDO Security free and clear of any and all liens, pledges, encumbrances, charges, security interests or any other ownership interests of any nature.

  • To Seller’s best knowledge, except as included in the Collateral File, (i) no interest shortfalls have occurred and no realized losses have been applied to such CMBS Security or CRE CDO Security or otherwise incurred with respect to any mortgage loan related to such CMBS Security or CRE CDO Security, and (ii) the Seller is not aware of any circumstances that could have a material adverse effect on such CMBS Security or CRE CDO Security.

  • With respect to any CMBS Security or CRE CDO Security that is a certificated security, such Security is a certificated security in registered form, or is in uncertificated form and held through the facilities of (a) The Depository Trust Company in New York, New York, or (b) such other clearing organization or book-entry system as is designated in writing by the Issuer.

  • Each CRE CDO Security is of investment grade and consists of asset-backed securities, which security entitles 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 underlying collateral.

  • Anthracite 2004-HY1 Ltd., a Cayman Company Anthracite 2005-HY2 Ltd., a Cayman Company Anthracite Funding, LLC, a Delaware limited liability company Anthracite CDO I, Ltd., a Cayman Company Anthracite CDO II, Ltd., a Cayman Company Anthracite CDO III, Ltd., a Cayman Company Anthracite CRE CDO 2006-HY3 Ltd., a Cayman Company Anthracite Euro CRE CDO 2006-1 P.L.C., an Irish limited company AHR Capital MS Limited, an Irish limited company None.

  • Two Bethesda Metro Center, 14th Floor ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Attention: Compliance Officer Telecopy Number: (▇▇▇) ▇▇▇-▇▇▇▇ To the Depositor: ACAS CRE CDO 2007-1 Depositor, LLC c/o American Capital CRE Management, LLC Two Bethesda Metro Center, 14th Floor ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Attention: Compliance Officer Telephone Number: (▇▇▇) ▇▇▇-▇▇▇▇ or to such other address, telephone number or facsimile number as either party may notify to the other in accordance with the terms hereof from time to time.

  • All of the Borrowers’ right, title and interest in the Mortgage Assets that constitute GKK CRE CDO Securities shall be pledged to the Administrative Agent on the applicable Borrowing Date.

  • RAIT CRE CDO I, Ltd., a Cayman Island exempted company RAIT CRE Holdings, LLC, a Delaware limited liability company RAIT Partnership, L.P., a Delaware limited partnership RAIT Preferred Funding II, Ltd.

  • Immediately prior to the sale, transfer and assignment to Buyer thereof, Seller had good and marketable title to, and was the sole owner and holder of, such CRE CDO, and Seller is transferring such CRE CDO free and clear of any and all liens, pledges, encumbrances, charges, security interests or any other ownership interests of any nature encumbering such CRE CDO.