Mortgage Asset definition

Mortgage Asset means a Whole Loan, a Junior Interest, a Mezzanine Loan, a Bridge Loan, a Preferred Equity Interest, an Equity Asset or, as applicable, a Condominium Loan or Land Loan, in each case, the Underlying Mortgaged Property for which is included in the categories for Property Types of Mortgage Assets; provided, however, the portion of any Mortgage Asset to be pledged to the Administrative Agent shall not include any Retained Interest (if any).

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Mortgage Asset means the Related Security (together with the benefit of the underlying Mortgage Loan).

Mortgage Asset means Indebtedness owed to the Company or a Subsidiary of the Company and secured by a mortgage or deed of trust on a fee interest or a leasehold interest in Real Property and all collateral security related thereto.

Examples of Mortgage Asset in a sentence

• This certifies that [_______] is the registered owner of the Percentage Interest evidenced by this Certificate in certain monthly distributions with respect to a Trust Fund consisting primarily of the Mortgage Loans deposited by Mortgage Asset Securitization Transactions, Inc.

• This certifies that UBS Securities LLC is the registered owner of the Percentage Interest evidenced by this Certificate in certain monthly distributions with respect to a Trust Fund consisting primarily of the Mortgage Loans deposited by Mortgage Asset Securitization Transactions, Inc.

• Depositor: Mortgage Asset Securitization Transactions, Inc., a Delaware corporation, or its successor in interest.

• This certifies that UBS Securities LLC is the registered owner of a Percentage Interest (as specified above) in that certain beneficial ownership interest evidenced by all the Certificates of the Class to which this Certificate belongs created pursuant to a Pooling and Servicing Agreement, dated as specified above (the “Agreement”), among Mortgage Asset Securitization Transactions, Inc.

• This certifies that UBS Securities LLC is the registered owner of the Percentage Interest in certain monthly distributions with respect to a Trust Fund consisting of the Mortgage Loans deposited by Mortgage Asset Securitization Transactions, Inc.

More Definitions of Mortgage Asset

Mortgage Asset means (A) a domestic residential mortgage loan, Construction Loan or Cooperative Loan (i) that has a Mortgage File, and (ii) that is a first or more junior lien on residential property evidenced by a Mortgage Note, which is secured by a Mortgage, (B) a domestic Land Financing that has a Mortgage File or (C) any other asset as agreed upon by the Sellers, the Custodian and the Financing Party.

Mortgage Asset means the Related Security (together with the benefit of the underlying Mortgage Loan) and "Mortgage Assets" shall be construed accordingly.

Mortgage Asset means a Whole Loan, a Junior Interest, a Mezzanine Loan, a Bridge Loan, a CMBS Security, a CTL Loan, a Subordinate CTL Loan, Senior Secured Bank Debt or a Preferred Equity Interest, (i) the Underlying Mortgaged Property for which is included in the categories for Property Types of Mortgage Assets; provided, however, the portion of any Mortgage Asset to be pledged to the Administrative Agent shall not include any Retained Interest (if any) (unless approved by the Administrative Agent in its discretion).

Mortgage Asset. Any Whole Loan, Junior Interest, Mezzanine Loan, Preferred Equity, CMBS, RMBS, Non-Controlling Interest, Pass-Through Interest, Distressed Debt, REO Property Loan or Transitional Asset (i) the Underlying Mortgaged Property for which is included in the categories for Types of Mortgaged Property, and (ii) which the Seller has delivered to the Agent, on behalf of the Buyers, or its designee (including the Custodian) in connection with any Transaction hereunder. In no event shall “Mortgage Asset” include any equity class issued by a CDO or CLO vehicle.

Mortgage Asset. Any Whole Loan, Junior Interest, Mezzanine Loan, Preferred Equity, CMBS, RMBS or Non-Controlling Interest (i) the Underlying Mortgaged Property for which is included in the categories for Types of Mortgaged Property, and (ii) which the Custodian has been instructed to hold for Buyer pursuant to the Custodial Agreement listed on a Confirmation. In no event shall "Mortgage Asset" include any REO Property, distressed debt or any equity class issued by a CDO or CLO vehicle.

Mortgage Asset means a Home Equity Mortgage Asset, a High LTV Asset, an FHA Asset or a SM/MU Asset, including without limitation all Previously Pledged Mortgage Assets which the Custodian has been instructed to hold for the Lender pursuant to the applicable Custodial Agreement, and which Mortgage Asset includes, without limitation, (i) a Mortgage Note and related

Mortgage Asset. The Accounts and Mortgage Loans. The term "Outstanding Mortgage Assets" as of any date means the Mortgage Assets other than those which, as of or prior to such date as indicated in any report of the Servicer delivered to the Indenture Trustee pursuant to Section 3.01 of the Servicing Agreement, have been the subject of a Full Prepayment or as to which the Servicer has determined that no further amounts can be recovered. "Mortgage Assets" shall include both Initial Mortgage Assets and Subsequent Mortgage Assets.