Mortgage Loan Accounts definition

Mortgage Loan Accounts shall have the meaning set forth in Section 2.6.2(a).
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Mortgage Loan Accounts collectively has the meaning ascribed to the terms “Control Accounts” and “Reserve Account” in the Master Loan Agreement. ​ ​
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Mortgage Loan Accounts means all of them;
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Examples of Mortgage Loan Accounts in a sentence

  • The covenants and restrictions set forth in Section 3.02 hereof shall apply to Mortgage Loans made in whole or in part from the proceeds of the Series Bonds on which interest is to be exempt from federal income taxation initially deposited into the 2015 Series Mortgage Loan Accounts or Revenues for the Series on which interest is to be exempt from federal income taxation attributable thereto.

  • Borrower shall not cause or permit Mortgage Borrower in any way to alter or modify the Mortgage Loan Accounts and shall notify Lender of the account numbers thereof.

  • Mortgage Lender shall have the sole right to make withdrawals from the Mortgage Loan Accounts to be applied in accordance with the Mortgage Loan Documents.

  • Each of the Participants irrevocably authorises the Bank (at the Bank’s sole and absolute discretion) to continue to process any transactions relating to such Mortgage Loan Accounts, Accounts, or Mortgage Loan Facilities in accordance with the relevant MortgageOne Optimizer Contractual Document until the end of the third Business Day, notwithstanding the request for termination, suspension, delinkage or closure.

  • The covenants and restrictions set forth in Section 3.02 hereof shall apply to Mortgage Loans made in whole or in part from the proceeds of the Series Bonds on which interest is to be exempt from federal income taxation initially deposited into the Mortgage Loan Accounts or Revenues for the Series Bonds on which interest is to be exempt from federal income taxation attributable thereto.

  • The Town shall maintain at all times during the term of this Contract a special events policy of Comprehensive General Liability Insurance, including premises operations, completed operations/products, contractual liability and independent contractor’s coverage with a combined single limit for Bodily Injury and Property Damage of not less than $1,000,000 per occurrence.

  • The Primary Customer and each Participant agree that, unless the Bank otherwise agrees, no Specified Mortgage Loan Accounts, Specified Accounts or Specified Time Deposits may be closed before the end of the second Business Day after a request for closure has been submitted to the Bank in accordance with terms and conditions applicable to such Specified Mortgage Loan Accounts, Specified Accounts or Specified Time Deposits.

  • Any transfer of Mortgage Borrower’s funds from any of the Mortgage Loan Accounts or other sources to or for the benefit of the Borrower is intended by the parties to constitute, and shall constitute, distributions from Mortgage Borrower to Borrower and shall be treated as such on the books and records of each party.

  • The Participants also agree that the number of Mortgage Loan Accounts that may be linked to the MortgageOne Optimizer Services shall not exceed the Maximum Mortgage Loan Accounts Number.

  • Second, he ruled that the four-year statute of limitations in Utah Code section 78-12-25(3), “for relief not otherwise provided for by law,” applied to the case.Third, he ruled that the 1979 Interest on Mortgage Loan Accounts Act cut off damages as of 1979.


More Definitions of Mortgage Loan Accounts

Mortgage Loan Accounts means the Carry Cost Reserve Account, the Interest Reserve Account, the PIK Interest Reserve Account (each as defined in the Master Loan Agreement), and any other account established pursuant to the Mortgage Loan Documents.
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Mortgage Loan Accounts means the “Accounts” as defined in the Mortgage Loan Agreement. “Mortgage Loan Agreement” has the meaning set forth in the Recitals hereto. “Mortgage Loan Additional Advance” means “Additional Advance” as defined in the Mortgage Loan Agreement. “Mortgage Loan Amount” has the meaning set forth in the Recitals hereto. “Mortgage Loan Cash Management Account” means the “Cash Management Account” under and as defined in the Mortgage Loan Agreement. “Mortgage Loan Cash Management Bank” means the “Cash Management Bank” under and as defined in the Mortgage Loan Agreement. “Mortgage Loan Clearing Bank” means the “Clearing Bank” under and as defined in the Mortgage Loan Agreement.
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Related to Mortgage Loan Accounts

  • Project Loan Account means any of the Accounts within the Project Fund so designated and established by Article V.

  • Mortgage Loan Agreement means the Loan Agreement, dated as of February 14, 2020, between the Borrower, as borrowers, and the Original Lenders, as lender, as the same may be further amended, restated, supplemented or otherwise modified from time to time, subject to the terms hereof.

  • Whole Loan Custodial Account means the “Whole Loan Custodial Account” established for the Mortgage Loan pursuant to the Lead Securitization Servicing Agreement.

  • Custodial Accounts Each custodial account (other than an Escrow Account) established and maintained by a Servicer pursuant to a Purchasing and Servicing Agreement or Servicing Agreement, as applicable.

  • Mortgage Loans Such of the mortgage loans transferred and assigned to the Trustee pursuant to the provisions hereof as from time to time are held as a part of the Trust Fund (including any REO Property), the mortgage loans so held being identified in the Mortgage Loan Schedule, notwithstanding foreclosure or other acquisition of title of the related Mortgaged Property.

  • Mortgagor Accounts As defined in Section 3.07(a) of this Agreement.

  • GreenPoint Mortgage Loans The Mortgage Loans for which GreenPoint is listed as "Servicer" on the Mortgage Loan Schedule.

  • PMI Mortgage Loans The list of Mortgage Loans insured by the PMI Insurer attached hereto as Schedule II.

  • Mortgage loan originator means any institution which originated a Mortgage Loan for a related Borrower.

  • Servicing Accounts The account or accounts created and maintained pursuant to Section 3.08.

  • Mortgage Loan Group Either Group I or Group II.

  • Loan Account has the meaning set forth in Section 2.10.

  • Mortgage Loan Documents means, with respect to the Mortgage Loan, the Mortgage Loan Agreement, the Mortgage, the Notes and all other documents now or hereafter evidencing and securing the Mortgage Loan.

  • Mortgage Loan File for inclusion in the Mortgage Loan File (to the extent such documents are in the possession of the Special Servicer) and copies of any additional related Mortgage Loan information, including correspondence with the Borrower Related Parties, and the Special Servicer shall promptly provide copies of all of the foregoing to the Servicer as well as copies of any analysis or internal review prepared by or for the benefit of the Special Servicer, provided that, such materials shall not include any Privileged Information.

  • Lender PMI Mortgage Loan Certain Mortgage Loans as to which the lender (rather than the borrower) acquires the Primary Insurance Policy and charges the related borrower an interest premium.

  • Buydown Mortgage Loan Any Mortgage Loan as to which a specified amount of interest is paid out of related Buydown Funds in accordance with a related buydown agreement.

  • Countrywide Mortgage Loans The Mortgage Loans identified as such on the Mortgage Loan Schedule for which Countrywide is the applicable Seller.

  • Servicer Mortgage Loan File As defined in each of the Servicing Agreements.

  • Mortgage Loan Schedule shall have the meaning assigned to such term in the recitals.

  • Mortgage Loan Rider The standard FNMA/FHLMC riders to the Mortgage Note and/or Mortgage riders required when the Mortgaged Property is a condominium unit or a unit in a planned unit development.

  • EMC Mortgage Loans Those Mortgage Loans serviced by the Company pursuant to the terms of this Agreement.

  • MERS Mortgage Loan Any Mortgage Loan registered with MERS on the MERS System.

  • Mortgage Loan Package Each pool of Mortgage Loans, which shall be purchased by the Purchaser from the Seller from time to time on each Closing Date.

  • Mortgage Loan shall have the meaning assigned to such term in the recitals.

  • Other Servicer Mortgage Loan Any of the Mortgage Loans, if any, identified in Exhibit F-2 hereto, as such Exhibit may be amended from time to time in connection with a substitution pursuant to Sections 2.02 or 2.06, which Mortgage Loan is serviced under an Other Servicing Agreement.

  • Mortgage Loan Rate means, as of any date of determination, the weighted average of the Note A Rate and the Note B Rate.