Loan Seller Percentage Interest definition

Loan Seller Percentage Interest. With respect to any Loan Seller, the portion of the Trust Loan (including all or any portion thereof constituting an REO Trust Loan), expressed as a percentage, represented by such Loan Seller’s Loan Portion.
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Loan Seller Percentage Interest. As defined in the Introductory Statement.
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Loan Seller Percentage Interest. As to Column, a 65% interest in the Trust Loan and the Whole Loan, as to MSMCH a 35% interest in the Trust Loan and the Whole Loan.
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Examples of Loan Seller Percentage Interest in a sentence

  • 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 Percentage Interest

Loan Seller Percentage Interest. As to GSMC, a 60.0% interest in the Whole Loan and the Trust Loan, and as to GACC, a 40.0% interest in the Whole Loan and the Trust Loan.
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Loan Seller Percentage Interest. As to NREC, a 50% interest in the Trust Loan, as to Column, a 42.67% interest in the Trust Loan, and as to CMB, a 7.33% interest in the Trust Loan.
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Loan Seller Percentage Interest. With respect to each of the Loan Sellers, the interest in the Trust Loan assigned to the Depositor on the Closing Date. The Loan Seller Percentage Interest is equal to 44.8% for BANA and 55.2% for Xxxxx Fargo.
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Related to Loan Seller Percentage Interest

  • Note B Percentage Interest means a fraction, expressed as a percentage, the numerator of which is the Note B Principal Balance and the denominator of which is the sum of the Note A Principal Balance and the Note B Principal Balance.

  • Percentage Interest means, with respect to each Note Holder, a fraction, expressed as a percentage, the numerator of which is the Note Principal Balance of the Note held by such Note Holder and the denominator of which is the sum of the Note Principal Balances of all of the Notes.

  • Mortgage Loan Principal Balance means, at any date of determination, the aggregate principal balance of the Notes evidencing the Mortgage Loan.

  • Aggregate Principal Balance means, with respect to any date of determination, the sum of the Principal Balances for all Receivables (other than (i) any Receivable that became a Liquidated Receivable prior to the end of the related Collection Period and (ii) any Receivable that became a Purchased Receivable prior to the end of the related Collection Period) as of the date of determination.