Examples of Mortgage Loan No in a sentence
With respect to each Mortgage Loan, neither the related Mortgage nor the related Mortgage Note requires the Mortgagor to submit to arbitration to resolve any dispute arising out of or relating in any way to the Mortgage Loan; No Mortgagor agreed to submit to arbitration to resolve any dispute arising out of or relating in any way to the Mortgage Loan.
Notwithstanding the foregoing, CIBC has retained the right to establish or designate the successor borrower and to purchase or cause the purchase on behalf of the related borrower of the related defeasance collateral (“CIBC Lender Successor Borrower Right”) for all CIBC Loans other than the Mortgage Loan designated as Mortgage Loan No. 15 on the Mortgage Loan Schedule.
If the Master Servicer receives notice of a defeasance request with respect to a CIBC Loan subject to defeasance (other than the Mortgage Loan designated as Mortgage Loan No. 15 on the Mortgage Loan Schedule), the Master Servicer shall provide upon receipt of such notice, written notice of such defeasance request to CIBC or its assignee.
No Mortgagor obtained a prepaid single premium credit insurance policy (e.g., life, mortgage, disability, accident, unemployment, or property insurance product) in connection with the origination of the Mortgage Loan; No proceeds from any Mortgage Loan were used to purchase single premium credit insurance policies or debt cancellation agreements as part of the origination of, or as a condition to closing, such Mortgage Loan.
With respect to Mortgage Loan No. ___, Xxxx-Xxxxxxx Portfolio, the Mortgage requires that insurance proceeds be used either to restore the damaged property or applied to the debt, subject to the terms of the condominium documents and/or the ground leases that affect such property.
Mortgage Loan No. __, Burbank Shopping Center, permits Kmart to self insure, subject to net worth requirements.
The documented procedures/mechanism may be established and incorporated to avail international cooperation.
With respect to Mortgage Loan No. 126 (Jefferson West Apartments), the loan was modified on June 4, 1995, which changed the following characteristics of the loan: (i) the rate was changed to 9.25%; (ii) the maturity date was extended to June 30, 2015; (iii) the amortization period was set to 240 months (making the loan fully amortizing) and (iv) the monthly payment was changed to $8,845.
No borrower obtained a prepaid single-premium credit life, disability, accident or health insurance policy in connection with the origination of the Mortgage Loan; No proceeds from any Mortgage Loan were used to purchase single premium credit insurance policies as part of the origination of, or as a condition to closing, such Mortgage Loan.
Mortgage Loan No. __, CVS Clearlake; No. ___, Eckerd Philadelphia; No. ___, CVS McMinnville; and No. ___, Rite Aid Wilmington each permits the tenant to self insure.