Mortgage Asset File definition

Mortgage Asset File. The meaning specified in the Custodial Agreement.

Mortgage Asset File. As defined in the Indenture.

Mortgage Asset File. As to each Purchased Asset, those documents listed in the applicable subsection of Section 2.01 that are required to be delivered to Custodian or which at any time come into the possession of Custodian.

Examples of Mortgage Asset File in a sentence

• Upon the written request of the Lender at any time, but no more than one time per calendar month, the Custodian shall provide via electronic transmission to the Lender a list of all the Mortgage Loans for which the Custodian holds a Mortgage Asset File pursuant to this Agreement.

• Except as otherwise provided herein, the Custodian shall maintain continuous custody of all Mortgage Loan Documents constituting the Mortgage Asset File in secure and fire resistant facilities in accordance with customary standards for such custody.

• The Lender or the Servicer shall return the Mortgage Asset File to the Custodian when the need no longer exists for such Mortgage Asset File.

• The Custodian shall not be responsible for verifying: (i) the validity, legality, enforceability, effectiveness, sufficiency, due authorization or genuineness of any document in the Mortgage Asset File or of any Mortgage Loans or (ii) the collectability, perfectibility, insurability, effectiveness, including the authority or capacity of any Person to execute or issue any document in the Mortgage Asset File, or suitability of any Mortgage Loan unless specified otherwise in this Agreement.

• The Custodian agrees that it will not retain (other than as set forth in Section 15 of this Agreement), delay the release of, assert a lien upon or otherwise interfere with Xxxxxx’s taking physical possession of, any Mortgage Asset File by reason of any amounts that Lender may owe to Custodian.

More Definitions of Mortgage Asset File

Mortgage Asset File. The meaning set forth in Section 3.3(e) hereof.

Mortgage Asset File. The meaning specified in the Custodial Agreement. “Mortgage Loan”: With respect to any Whole Loan or Senior Interest, a mortgage loan made in respect of the related Mortgaged Property.

Mortgage Asset File. With respect to any Mortgage Asset, the related Asset Documents and any additional documents required to be added to such Mortgage Asset File pursuant to the express provisions of this Agreement all of which are held by the Custodian.

Mortgage Asset File is used in this Agreement to refer to documents actually received by the Custodian, such term shall not be deemed to include such documents and instruments required to be included therein unless they are actually so received. Each of the documents referred to in Subsections 3.1(a), (b), (c) and (d) above shall be executed by all relevant Persons.

Mortgage Asset File. As to each Mortgage Loan, any Mortgage Loan Documents that are delivered to, and received by, the Custodian or which at any time come into the possession of the Custodian pursuant to this Agreement.

Mortgage Asset File. The meaning specified in the Custodial Agreement. “Mortgage Loan Documents”: With respect to any Whole Loan, those documents executed in connection with and/or evidencing or governing such Whole Loan, including, without limitation those that are required to be delivered to Custodian under the Custodial Agreement. “Mortgage Note”: The original executed promissory note or other evidence of the indebtedness of a Mortgagor with respect to a commercial mortgage loan. “Mortgaged Property”: The real property (including all improvements, buildings, fixtures, building equipment and personal property thereon and all additions, alterations and replacements made at any time with respect to the foregoing) and all other collateral directly or indirectly securing repayment of the debt evidenced by (a) a Mortgage Note (in the case of a Whole Loan) or (b) the Mortgage Note evidencing an interest in the Whole Loan to which such Senior Interest relates (in the case of a Senior Interest), in each case securing such Whole Loan.

Mortgage Asset File as defined in Section 7.1 (c).