Loan Seller definition

Loan Seller. With respect to any Mortgage Loan, the entity that sold such Mortgage Loan to the Transferor.

Loan Seller. Each of CREFI, GSMC, BCREI and BMO Hxxxxx, and their respective successors in interest.

Loan Seller. Natixis Real Estate Capital LLC.

Examples of Loan Seller in a sentence

• The Servicer, the Special Servicer, the Operating Advisor, the Trustee and the Certificate Administrator shall cause each Servicing Function Participant of such party that is not a Loan Seller Sub-Servicer (and with respect to any Servicing Function Participant of such party that is a Loan Seller Sub-Servicer, shall use commercially reasonable efforts to cause such Servicing Function Participant) to agree to the foregoing indemnification and contribution obligations.

• To the extent that the Trustee is required to execute any document facilitating the above rights of a Loan Seller under this Section 11.17, such document shall be in form and substance reasonably acceptable to the Trustee.

• No Work-out Fee shall be payable to the Special Servicer if any related mezzanine lender purchases the Mortgage Loan pursuant to the related mezzanine intercreditor agreement or similar agreement or any Loan Seller repurchases its Loan Seller Percentage Interest in the Trust Loan (or any allocable part thereof) or makes a Loss of Value Payment pursuant to the related Trust Loan Purchase Agreement.

More Definitions of Loan Seller

Loan Seller. Each of CREFI, BCREI, GACC and SGFC, and their respective successors in interest.

Loan Seller. As defined in the Introductory Statement.

Loan Seller. UBS Warburg Real Estate Securities Inc., a Delaware corporation, seller of the Mortgage Loans to the Depositor pursuant to the Mortgage Loan Purchase Agreement.

Loan Seller. With respect to any Mortgage Loan, the entity listed as "Loan Seller" on the Mortgage Loan Schedule, who either originated such Mortgage Loan or sold such Mortgage Loan to the Transferor.

Loan Seller s right, title and interest in and to the Mortgage Loans and all amounts payable to the holder(s) of the Mortgage Loans in accordance with the terms thereof (other than scheduled payments of interest and principal due and payable on such Mortgage Loans on or prior to their respective Cut-Off Dates or, in the case of a Replacement Pooled Mortgage Loan, on or prior to the related date of substitution); (iii) the assignment by BSCMSI to the Trustee of its interests in the Mortgage Loans as contemplated by Section 15 hereof shall be deemed to be an assignment of any security interest created hereunder; (iv) the possession by the Purchaser (or the Trustee or its agent) of the Mortgage Notes with respect to the Mortgage Loans subject hereto from time to time and such other items of property as constitute instruments, money, negotiable documents or chattel paper shall be deemed to be "possession by the secured party" or possession by a purchaser or person designated by such secured party for the purpose of perfecting such security interest under applicable law; and (v) notifications to, and acknowledgments, receipts or confirmations from, Persons holding such property, shall be deemed to be notifications to, or acknowledgments, receipts or confirmations from, securities intermediaries, bailees or agents (as applicable) of the Purchaser for the purpose of perfecting such security interest under applicable law. The Mortgage Loan Seller and the Purchaser shall, to the extent consistent with this Agreement, take such actions as may be reasonably necessary to ensure that, if this Agreement were deemed to create a security interest in the Mortgage Loans, such security interest would be a perfected security interest of first priority under applicable law and will be maintained as such throughout the term of this Agreement and the Pooling and Servicing Agreement.

Loan Seller. Each of CREFI, JPMCB, GSMC and WFB, and their respective successors in interest.

Loan Seller. Each of CREFI, UBS AG, BANA, BMO and MSMCH, and their respective successors in interest.