Mortgage Loan Default definition
Mortgage Loan Default means a “Default” as defined in the Mortgage Loan Agreement.
Mortgage Loan Default means an “Event of Default” under the Mortgage Loan and as defined in the Mortgage Loan Agreement.
Mortgage Loan Default means a "Default" under and as defined in the Mortgage Loan Agreement.
Examples of Mortgage Loan Default in a sentence
In addition, the Servicer shall deliver to the Certificate Administrator any written notice of a material event (as determined by the Servicer in accordance with Accepted Servicing Practices, but, for the avoidance of doubt, including a notice of Mortgage Loan Default or Mortgage Loan Event of Default) received from any Borrower.
More Definitions of Mortgage Loan Default
Mortgage Loan Default means any event, act or condition which with notice or lapse of time, or both, would constitute a Mortgage Loan Event of Default.
Mortgage Loan Default means (i) with respect to the ▇▇▇▇▇ Fargo Mortgage Loan, a ▇▇▇▇▇ Fargo Mortgage Loan Default, and (ii) with respect to each CIGNA Mortgage Loan, an “Event of Default” under and as defined in the related Mortgage Loan Documents or, if the related Mortgage Loan Documents do not include a definition of “Event of Default”, a default thereunder that has continued beyond any applicable grace, notice and/or cure periods provided therein.
Mortgage Loan Default means, as to any Mortgage Loan, any failure of the obligor(s) (i) to pay any principal when the same becomes due and payable, (ii) to pay any interest or other amount within 60 days after the same becomes due and payable or (iii) to observe or perform any other material covenant or agreement within 60 days after the date such observance or performance becomes due.
Mortgage Loan Default means Default, as defined in the Mortgage Loan Agreement.
Mortgage Loan Default means an "Event of Default" under the Mortgage Loan Documents subject to all applicable notice, grace and cure periods related thereto, but regardless of whether or not such Event of Default is or may have been waived by Mortgage Lender.
Mortgage Loan Default as defined in Section 13.4.1.
Mortgage Loan Default means an “Event of Default” under and as