Loan Combination Controlling Party definition

Loan Combination Controlling Party means, with respect to any Loan Combination, the related Loan Combination Directing Lender (or, if applicable, any representative(s) appointed thereby consistent with the related Co-Lender Agreement, to exercise the rights and powers of the related Loan Combination Directing Lender under the related Co-Lender Agreement or this Agreement).
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Loan Combination Controlling Party means: (a) with respect to the 101 Avenue of the Americas Loan Combination, the 101 Avenue of the Americas Controlling Party; (b) with respect to the 000 Xxxx Xxxxxx Loan Combination, the 200 Park Avenue Controlling Party; (c) with respect to the Courtyard by Marriott Loan Combination, the Courtyard by Marriott Controlling Party; and (d) with respect to any A/B Loan Combination, the related A/B Controlling Party.
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Loan Combination Controlling Party. Either of the Kenwood Towne Centre Loan Combination Controlling Party or the 00 Xxxxx Xxxxxx Loan Combination Controlling Party, as the case may be.
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Examples of Loan Combination Controlling Party in a sentence

  • Each of the Master Servicer (with respect to Performing Mortgage Loans) and the Special Servicer (with respect to Specially Serviced Mortgage Loans), as applicable, shall notify the related Non-Trust Mortgage Loan Noteholder, the Controlling Class Representative and any other Person that may be the applicable Loan Combination Controlling Party of any release or substitution of collateral for a Loan Combination even if such release or substitution is required by the terms of such Loan Combination.

  • If a replacement special servicer is appointed with respect to any Serviced Loan Combination (other than the 0000 Xxxxx Xxxxxxxxx Xxx Loan Combination) at the request of the related Loan Combination Controlling Party as contemplated in this Section 6.09, then the provisions of Section 7.01(e) shall apply.


More Definitions of Loan Combination Controlling Party

Loan Combination Controlling Party. With respect to related Loan Combination, the 000 00xx Xxxxxx Loan Combination Controlling Party, the Mall of Louisiana Loan Combination Controlling Party, the Mainsail Loan Combination Controlling Party or the North Point Loan Combination Controlling Party, as the case may be.
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Loan Combination Controlling Party. With respect to the related Loan Combination, the Farallon Portfolio Controlling Party, the Georgia-Alabama Retail Portfolio Controlling Party, the Peninsula Beverly Hills Controlling Party, thx Xxxxxrcreek Apartments Controlling Party and the Executive Hills Portfolio Controlling Party.
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Loan Combination Controlling Party. With respect to the ShopKo Portfolio Loan Combination, the ShopKo Portfolio Controlling Party; and with respect to the Wimbledon Place Apartments Loan Combination, the Controlling Class Representative.
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Loan Combination Controlling Party. With respect to the Stonestown Mall Loan Combination, the Stonestown Mall Loan Combination Controlling Party.
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Related to Loan Combination Controlling Party

  • Loan Combination shall include any successor REO Mortgage Loan and the related successor REO Companion Loan(s) (or the related deemed Companion Loan(s), if applicable)). The only Loan Combinations related to the Trust as of the Closing Date are identified in the Loan Combination Table.

  • Serviced Loan Combination A Loan Combination that is being serviced pursuant to this Agreement. The only Serviced Loan Combinations related to the Trust as of the Closing Date are the Loan Combinations as to which “Serviced” is set forth in the Loan Combination Table under the column heading “Servicing Type,” together with any Servicing Shift Loan Combinations. A Servicing Shift Loan Combination will no longer be a Serviced Loan Combination on and after the related Servicing Shift Date.

  • Lead Securitization Controlling Class Representative means the “Controlling Class Representative” as defined in the Lead Securitization Servicing Agreement.

  • Loan Combination Custodial Account means the “Loan Combination Custodial Account” or analogous account established for the Mortgage Loan pursuant to the Lead Securitization Servicing Agreement.

  • Whole Loan As defined in the Introductory Statement.

  • REO Companion Loan Any Serviced Companion Loan if the related Mortgaged Property has become an REO Property.

  • Serviced Pari Passu Companion Loan Holder A holder of a Serviced Pari Passu Companion Loan.

  • Companion Loan Holder The holder of a Companion Loan.

  • Companion Loan Holder Representative With respect to each Serviced Companion Loan, any representative appointed by the related Companion Loan Holder.

  • Companion Loan As defined in the Introductory Statement.

  • Serviced Pari Passu Companion Loan A Pari Passu Companion Loan that is part of a Serviced Loan Combination. With respect to each Servicing Shift Mortgage Loan and the related Servicing Shift Loan Combination, each related Pari Passu Companion Loan will cease to be a Serviced Pari Passu Companion Loan on and after the related Servicing Shift Date.

  • Non-Lead Securitization Noteholder Representative shall have the meaning assigned to such term in the definition of “Non-Lead Securitization Noteholder”.

  • Serviced Companion Loan Holder The holder of a Serviced Companion Loan.

  • Serviced Companion Loan Securities Any commercial mortgage-backed securities that evidence an interest in or are secured by the assets of an Other Securitization Trust, which assets include a Serviced Companion Loan (or a portion thereof or interest therein).

  • Note A-2 Special Servicer means the special servicer under the Note A-2 PSA.

  • Note A-2 Master Servicer means the master servicer under the Note A-2 PSA.

  • Non-Lead Securitization Subordinate Class Representative means the holders of the majority of the class of securities issued in a Non-Lead Securitization designated as the “controlling class” pursuant to the related Non-Lead Securitization Servicing Agreement or their duly appointed representative; provided that if 50% or more of the class of securities issued in any Non-Lead Securitization designated as the “controlling class” or such other class(es) otherwise assigned the rights to exercise the rights of the “Controlling Noteholder” is held by the Mortgage Loan Borrower or an Affiliate of the Mortgage Loan Borrower, no person shall be entitled to exercise the rights of the related Non-Lead Securitization Subordinate Class Representative.

  • Non-Lead Securitization Noteholder herein shall mean the Non-Lead Securitization Subordinate Class Representative under the related Non-Lead Securitization Servicing Agreement, as and to the extent provided in the related Non-Lead Securitization Servicing Agreement and as to the identity of which the Lead Securitization Noteholder (and the Master Servicer and the Special Servicer) has been given written notice. The Lead Securitization Noteholder (or the Master Servicer or the Special Servicer acting on its behalf) shall not be required at any time to deal with more than one party exercising the rights of a “Non-Lead Securitization Noteholder” herein or under the Servicing Agreement and, to the extent that the related Non-Lead Securitization Servicing Agreement assigns such rights to more than one party, for purposes of this Agreement, the Non-Lead Securitization Servicing Agreement shall designate one party to deal with the Lead Securitization Noteholder (or the Master Servicer or the Special Servicer acting on its behalf) and provide written notice of such designation to the Lead Securitization Noteholder (and the Master Servicer and the Special Servicer acting on its behalf) (such party, the “Non-Lead Securitization Noteholder Representative”); provided that, in the absence of such designation and notice, the Lead Securitization Noteholder (or the Master Servicer or the Special Servicer acting on its behalf) shall be entitled to treat the last party as to which it has received written notice as having been designated as the Non-Lead Securitization Noteholder Representative with respect to such Non-Controlling Note for all purposes of this Agreement. Prior to Securitization of any Non-Lead Securitization Note by the Non-Lead Securitization Noteholder (including any New Notes), all notices, reports, information or other deliverables required to be delivered to such Non-Lead Securitization Noteholder pursuant to this Agreement or the Servicing Agreement by the Lead Securitization Noteholder (or the Master Servicer or the Special Servicer acting on its behalf) only need to be delivered to each Non-Lead Securitization Noteholder Representative and, when so delivered to each Non-Lead Securitization Noteholder Representative, the Lead Securitization Noteholder (or the Master Servicer or the Special Servicer acting on its behalf) shall be deemed to have satisfied its delivery obligations with respect to such items hereunder or under the Servicing Agreement. Following Securitization of any Non-Lead Securitization Notes by the Non-Lead Securitization Noteholder, all notices, reports, information or other deliverables required to be delivered to such Non-Lead Securitization Noteholder pursuant to this Agreement or the Servicing Agreement by the Lead Securitization Noteholder (or the Master Servicer or the Special Servicer acting on its behalf) shall be delivered to the related Non-Lead Master Servicer and the related Non-Lead Special Servicer (who then may forward such items to the party entitled to receive such items as and to the extent provided in the related Non-Lead Securitization Servicing Agreement) and, when so delivered to the related Non-Lead Master Servicer and the related Non-Lead Special Servicer, the Lead Securitization Noteholder (or the Master Servicer or the Special Servicer acting on its behalf) shall be deemed to have satisfied its delivery obligations with respect to such items hereunder or under the Servicing Agreement.

  • Note A-3 Special Servicer means the special servicer under the Note A-3 PSA.

  • Note A-1 Special Servicer means the special servicer under the Note A-1 PSA.

  • Note A-3 Master Servicer means the master servicer under the Note A-3 PSA.

  • Lead Securitization Subordinate Class Representative means the “Controlling Class Representative” as defined in the Lead Securitization Servicing Agreement or such other analogous term used in the Lead Securitization Servicing Agreement.

  • Controlling Class Representative shall have the meaning assigned to the term “Directing Certificateholder” in the Lead Securitization Servicing Agreement.

  • Non-Lead Securitization Determination Date means the “determination date” (or any term substantially similar thereto) as defined in the related Non-Lead Securitization Servicing Agreement.

  • Serviced Companion Loan A Companion Loan that is part of a Serviced Loan Combination. With respect to each Servicing Shift Mortgage Loan and the related Servicing Shift Loan Combination, each related Companion Loan will no longer be a Serviced Companion Loan on and after the related Servicing Shift Date.

  • Note A-1 Securitization Date means the closing date of the Note A-1 Securitization.