First Securitization definition

First Securitization means the earliest to occur of the Note A-1 Securitization and the Note A-2 Securitization.

First Securitization means the Securitization with the earliest Securitization Date.

First Securitization means the earliest to occur of the Note A-1 Securitization, Note A-2 Securitization, Note A-3 Securitization, the Note A-4 Securitization, the Note A-5 Securitization, the Note A-6 Securitization, the Note A-7 Securitization, the Note A-8 Securitization, the Note A-9 Securitization and the Note A-10 Securitization.

Examples of First Securitization in a sentence

• Notwithstanding the foregoing, Note Holders hereby agree that, simultaneously with the closing of a Lead Securitization, the Master Servicer shall be deemed to have been automatically appointed as the successor Agent under this Agreement in place of WFB or the master servicer of the First Securitization, as applicable, without any further notice or other action.

• Prior to the First Securitization, the originals of all of the Mortgage Loan Documents (other than the Notes) shall be held by the Initial Agent on behalf of the registered holders of the Notes.

• After the First Securitization, servicing of the Mortgage Loan shall generally be carried out by the Master Servicer and, if the Mortgage Loan is a Specially Serviced Loan, by the Special Servicer, in each case pursuant to the Servicing Agreement and this Agreement.

• Prior to the First Securitization, the originals of all of the Mortgage Loan Documents (other than the Notes) will be held by the Initial Agent on behalf of the registered holders of the Notes.

• If the First Securitization does not include Note A-1, then the Trustee of such First Securitization shall be the mortgagee of record to the extent that the applicable Mortgage Loan Documents have been recorded in the name of such Trustee pursuant to the terms of the PSA for such First Securitization.

More Definitions of First Securitization

First Securitization means the Note A-1 Securitization.

First Securitization means the first Securitization to close, which will be the Note A-1

First Securitization means the earliest to occur of any Securitization; provided that, prior to the Securitization of Note A-1, if two or more Notes other than Note A-1 have the same Securitization Date but are included in different Securitizations, then the Securitization including the Note(s) with the larger (aggregate) Note Principal Balance shall be the First Securitization; and provided, further, that if Note A-1 and any other Note are included in different Securitizations that have the same Securitization Date, the Securitization that includes Note A-1 shall be the First Securitization.

First Securitization means the earliest to occur of the Note A-1 Securitization, the Note A-2 Securitization the Note A-3 Securitization, the Note A-4 Securitization, the Note A-5 Securitization, the Note A-6 Securitization, the Note A-7 Securitization, the Note A-8 Securitization, the Note A-9 Securitization, the Note A-10 Securitization, the Note A-11 Securitization, the Note A-12 Securitization, the Note A-13 Securitization, the Note A-14 Securitization, the Note A-15 Securitization, the Note A-16 Securitization, the Note A-17 Securitization or the Note A-18 Securitization.

First Securitization means the first Securitization into which a Note is deposited.

First Securitization means the earliest to occur of the Note A-1(A-CP) Securitization, the Note A-1(A-NCP) Securitization, the Note A-1(B-CP) Securitization, the Note A-2 Securitization, the Note A-3(A-CP) Securitization, the Note A-3(B-CP) Securitization, the Note A-3(C-CP) Securitization, the Note A-3(D-NCP) Securitization, the Note A-3(E-NCP) Securitization and the Note A-3(F-NCP) Securitization.

First Securitization means the BANK 2020-BNK30 securitization described in the recitals, which included Note A-3 and Note A-6.