Non-Lead Securitization Trust definition

Non-Lead Securitization Trust means the Securitization Trust into which any Non-Lead Securitization Note is deposited.
Non-Lead Securitization Trust means any Securitization Trust that holds a Non-Lead Note.
Non-Lead Securitization Trust means each Securitization Trust other than the Lead Securitization Trust.

Examples of Non-Lead Securitization Trust in a sentence

  • For the avoidance of doubt, no Non-Lead Holder shall be required to use general collections on the other mortgage loans in the related Non-Lead Securitization Trust to reimburse any P&I Advances or any Nonrecoverable Advances that are P&I Advances on the Lead Securitization Notes or any interest accrued and payable on such P&I Advances and Nonrecoverable Advances that are P&I Advances.


More Definitions of Non-Lead Securitization Trust

Non-Lead Securitization Trust means the trust established under the Non-Lead Securitization Servicing Agreement.
Non-Lead Securitization Trust means each Securitization Trust into which any Non-Lead Pari Passu Note is deposited.
Non-Lead Securitization Trust means the applicable Securitization Trust that holds any Non-Lead Securitization Note.
Non-Lead Securitization Trust means the Note A-2 Securitization Trust.
Non-Lead Securitization Trust means the Securitization Trust into which the applicable Non-Lead Securitization
Non-Lead Securitization Trust means a Securitization Trust into which any Non-Lead Note