Examples of Mortgage Holder in a sentence
The Mortgage Holder shall have consented to the transactions contemplated by this Agreement.
The holder of the mortgage loan secured by the Property (the "Mortgage Holder") shall have consented to the transactions contemplated by this Agreement.
Notwithstanding the above, the approval of any proposed amendment by an Eligible Mortgage Holder shall be deemed implied and consented to if the Eligible Mortgage Holder fails to submit a response to any written proposal for an amendment within thirty (30) days after the Eligible Mortgage Holder receives notice of the proposed amendment sent by certified or registered mail, return receipt requested.
References in this Agreement to the Mortgage Holder, when referring to transfers or possession of, or security interests in, Mortgage Loans, shall refer to Custodian, in its capacity as custodian for the benefit of such Mortgage Holder.
Upon consummation of a Transfer in accordance with Article IV hereof, Custodian shall, with respect to the Mortgage Loans transferred to the applicable Mortgage Holder in connection with the applicable Transfer, as described in Section 3.1 hereof, number, execute and deliver to the applicable Mortgage Holder (with a copy to the Originators and the Certificate Insurer) one or more certifications (each, a "Trust Receipt and Certification") in the form attached hereto as Exhibit A.