Initial Mortgage Loan definition

Initial Mortgage Loan. A Mortgage Loan conveyed to the Trust Fund on the Closing Date pursuant to this Agreement as identified on the Mortgage Loan Schedule delivered to the Trustee on the Closing Date.

Initial Mortgage Loan. Any of the Initial Group I Mortgage Loans or Initial Group II Mortgage Loans included in the Trust Fund as of the Closing Date.

Initial Mortgage Loan. Any of the Mortgage Loans included in REMIC I as of the Closing Date.

Examples of Initial Mortgage Loan in a sentence

• For purposes of this Contract, the Initial Mortgage Loan Closing shall be deemed to have occurred on the date of the initial disbursement.

• If the Contractor does not receive any funds from the initial disbursement of funds, it shall be obligated to commence the Work within ten (10) days after receipt of written notice from the Owner or the Authority that the Initial Mortgage Loan Closing has occurred.

• The Trustee makes no representations as to: (i) the validity, legality, sufficiency, enforceability or genuineness of any of the documents contained in each Mortgage File of any of the Initial Mortgage Loans identified on the [Mortgage Loan Schedule] [Loan Number and Borrower Identification Mortgage Loan Schedule] or (ii) the collectability, insurability, effectiveness or suitability of any such Initial Mortgage Loan.

• Based on its review and examination and only as to the foregoing documents, (i) such documents appear regular on their face and related to such Initial Mortgage Loan, and (ii) the information set forth in items (i), (iv), (v), (vi), (viii), (xi) and (xiv) of the definition of the “Mortgage Loan Schedule” in Article I of the Pooling and Servicing Agreement accurately reflects information set forth in the Mortgage File.

• Such information may include, but will not be limited to, client lists, client notes, specifications, project information, plans, and/or technological resources.

More Definitions of Initial Mortgage Loan

Initial Mortgage Loan means any Mortgage Loan transferred to the Trust on the Closing Date and identified on Exhibit A.

Initial Mortgage Loan. Such of the Mortgage Loans transferred and assigned to the Trustee on the Closing Date pursuant to the provisions hereof, as from time to time are held as a part of the Trust Fund (including any REO Property), the Mortgage Loans so held being identified on the Mortgage Loan Schedule as of the Closing Date, notwithstanding foreclosure or other acquisition of title of the related Mortgaged Property.

Initial Mortgage Loan. Any of the Initial Group I Mortgage Loans or Initial Group II Mortgage Loans.

Initial Mortgage Loan. The Mortgage Loans which are described (with complete statistical information included) in the Prospectus Supplement and which are included in the Trust Fund on the Closing Date.

Initial Mortgage Loan. With respect to (i) any Mortgage Loan included in Loan Group 1, any Mortgage Loan conveyed to the Trust Fund on the Closing Date pursuant to this Agreement as identified on the Mortgage Loan Schedule delivered to the Trustee on the Closing Date and (ii) any Mortgage Loan included in any other Loan Group, all such Mortgage Loans.

Initial Mortgage Loan. Any of the Mortgage Loans included in the Trust Estate as of the Closing Date. The aggregate principal balance of the Initial Mortgage Loans as of the Cut-off Date is equal to approximately $1,179,104,506.08.

Initial Mortgage Loan. Any of the Mortgage Loans included in the Trust Fund as of the Closing Date. The aggregate principal balance of the Initial Mortgage Loans as of the Closing Date is equal to $76,882,417.30.