Mortgage Transfer definition

Mortgage Transfer in relation to a Mortgage means a duly executed land titles office transfer which, upon registration, is effective to transfer the legal title to the Mortgage to the Trustee.
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Mortgage Transfer in relation to a mortgage means a duly executed land titles office transfer which, upon registration, is effective to transfer the legal title to the mortgage to the Trustee.
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Mortgage Transfer shall collectively refer to Foreclosure Transfers and/ or DIL Transfers.
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Examples of Mortgage Transfer in a sentence

  • The details of the Substitute Mortgage(s) are as follows: LOAN NO FACE VALUE MATURITY RATE OF CORRESPONDING CORRESPONDING DATE INTEREST INTEREST HEDGE ENHANCEMENT Each expression used in this Mortgage Transfer Proposal that is not defined herein has the same meaning as in the Trust Deed.

  • For the avoidance of doubt, the parties hereby acknowledge their intent that each transferee of a Purchaser at or following a Mortgage Transfer shall be bound by (A) this Agreement including, without limitation, the full and complete subordination to the Lease and the rights, title and interests of the Tenant under the Lease as provided herein, and (B) the Lease.

  • The parties acknowledge and agree that a Transfer pursuant to a Mortgage Transfer shall be subject to Section 5.3 of this Agreement and shall not be required to comply with the notice requirements in Section 17.5(b)(ii) of the Lease, provided, however, that each of the applicable requirements of Sections 17.5(a) and (b) of the Lease shall be applicable with respect to any subsequent Transfer.

  • So long as Secured Party and Lenders are in compliance with the terms of this Agreement, in the event of a Mortgage Transfer, Tenant shall attorn to Purchaser and recognize Purchaser as the successor Landlord under the Lease.

  • Mortgage Transfer Proposal means a mortgage transfer proposal as that term is defined in the Master Trust Deed with such amendment as may be necessary to give effect to clause 7 of this deed.

  • Notwithstanding anything to the contrary contained herein or in the Lease, the Tenant First Refusal Rights shall not apply to any Mortgage Transfer or Equity Pledge Transfer, but shall survive any such Mortgage Transfer or Equity Pledge Transfer and be applicable to any subsequent Transfer of the Leased Property or any portion thereof or interest therein, or any Transfer of any direct or indirect ownership interest in any Landlord Equity Interest, as provided in the Lease.

  • All of the provisions and requirements of the Lease (including, without limitation, Section 17.5 of the Lease, the covenants set forth in Article XXVII of the Lease and the Landlord Events of Default, except as provided in Section 1.2 above with respect to such Mortgage Transfer) shall remain in effect following a Mortgage Transfer and shall survive any such Mortgage Transfer.

  • Pursuant to the Master Loan Transfer Agreement dated as of September __, 1997 between the Company and the Originator (the "Mortgage Transfer Agreement"), the parties hereto hereby confirm their understanding with respect to the sale by the Originator and the purchase by the Company of those Mortgage Loans listed on the Schedule of Mortgage Loans attached hereto (the "Transferred Mortgage Loans").

  • The Lender confirms that, as at the date hereof, it has no actual knowledge of any breach by the Borrower of any representation and warranty under clause 14.3(A) relating to any Existing Mortgage Loan other than those relating to the OFT Affected Loans subject to the waiver under Clause 3.3 of the Mortgage Transfer Agreement.

  • FACE VALUE MATURITY RATE OF CORRESPONDING CORRESPONDING DATE INTEREST HEDGE ENHANCEMENT Each expression used in this Mortgage Transfer Proposal that is not defined herein has the same meaning as in the Trust Deed.

Related to Mortgage Transfer

  • Fannie Mae Transfer As defined in Section 13 hereof.

  • Mortgage Assignment means an assignment of the Mortgage in recordable form, sufficient under the laws of the jurisdiction wherein the related Mortgaged Property is located to reflect the sale of the Mortgage.

  • Whole Loan Transfer Any sale or transfer of some or all of the Mortgage Loans, other than a Securitization Transaction.

  • Widely Held Mortgage Trust as that term is defined in Treasury Regulations section 1.671-5(b)(23) or successor provisions.

  • Mortgage Sale Agreement means the mortgage sale agreement entered into on or about the Initial Closing Date among the Seller, the Mortgages Trustee, Funding and the Security Trustee in relation to the assignment from time to time of the Mortgage Portfolio to the Mortgages Trustee as may be amended, restated, novated, varied or supplemented from time to time and shall include any additional and/or replacement mortgage sale agreement entered into by such parties from time to time in accordance with the Transaction Documents;

  • Commercial Mortgage Loan means a loan secured by a Lien on improved real estate used for commercial purposes.

  • Mortgage Servicing Rights The rights and responsibilities of Seller with respect to servicing the Mortgage Loans under the Servicing Agreements, including any and all of the following if and to the extent provided therein: (a) all rights to service a Mortgage Loan; (b) all rights to receive servicing fees, Ancillary Income, reimbursements or indemnification for servicing the Mortgage Loan, and any payments received in respect of the foregoing and proceeds thereof; (c) the right to collect, hold and disburse escrow payments or other payments with respect to the Mortgage Loan and any amounts actually collected with respect thereto and to receive interest income on such amounts to the extent permitted by Applicable Law; (d) all accounts and other rights to payment related to any of the property described in this paragraph; (e) possession and use of any and all Credit Files pertaining to the Mortgage Loan or pertaining to the past, present or prospective servicing of the Mortgage Loan; (f) to the extent applicable, all rights and benefits relating to the direct solicitation of the related Mortgagors for refinance or modification of the Mortgage Loans and attendant right, title and interest in and to the list of such Mortgagors and data relating to their respective Mortgage Loans; and (g) all rights, powers and privileges incident to any of the foregoing.

  • Initial Mortgage Loan A Mortgage Loan conveyed to the Trust Fund on the Closing Date pursuant to this Agreement as identified on the Mortgage Loan Schedule delivered to the Trustee on the Closing Date.

  • Initial Mortgage Loans The Mortgage Loans included in the Trust as of the Closing Date.

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

  • Residential mortgage loan means any loan primarily for

  • Mortgage Instrument means any mortgage, deed of trust or deed to secure debt executed by a Credit Party in favor of the Administrative Agent, for the benefit of the Secured Parties, as the same may be amended, modified, extended, restated, replaced, or supplemented from time to time.

  • Servicing Transfer Any transfer of the servicing by a Prior Servicer of Mortgage Loans to the Servicer under this Agreement.

  • mortgage agreement ’ means the note or debt instrument and the mortgage instrument, deed of trust instrument, trust deed, or instru- ment or instruments creating the mortgage, including any instrument incorporated by ref- erence therein (including any applicable regu- latory agreement), and any instrument or agreement amending or modifying any of the foregoing;

  • Title Transfer means the transfer of title to Gas between two (2) Shippers at a Delivery Point, provided that each such party has executed a Transportation Service Agreement, or the transfer of title to Gas between two (2) Shippers at ATP, provided each such party has executed either a Transportation Service Agreement or a Title Transfer Agreement.

  • Mortgage Instruments means such title reports, title insurance, opinions of counsel, surveys, appraisals and environmental reports as are requested by, and in form and substance reasonably acceptable to, the Administrative Agent from time to time.

  • Original Mortgage Loan The mortgage loan refinanced in connection with the origination of a Refinancing Mortgage Loan.

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

  • Mortgage-backed security means a security issued by the authority which is secured by residential mortgage loans owned by the authority.

  • Mortgage-backed Securities means securities that are secured or otherwise backed by Mortgage Loans.

  • Subsequent Mortgage Loan Purchase Agreement The agreement between the Depositor and the Seller regarding the transfer of the Subsequent Mortgage Loans by the Seller to the Depositor.

  • Pledged Asset Mortgage Servicing Agreement The Pledged Asset Mortgage Servicing Agreement, dated as of February 28, 1996 between MLCC and the Master Servicer. Pooling and Servicing Agreement or Agreement: With respect to any Series, this Standard Terms together with the related Series Supplement.

  • Initial Mortgage Rate As to each Mortgage Loan, the Mortgage Rate in effect prior to the Initial Adjustment Date.

  • First Mortgage Loan A Home Equity Loan which constitutes a first priority mortgage lien with respect to any Property.

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

  • Mortgage Loan Purchase Agreement The agreement between the Seller and the Depositor, regarding the transfer of the Mortgage Loans by the Seller to or at the direction of the Depositor, substantially in the form of Exhibit D annexed hereto.