Non-MERS Mortgage Loan. Any Mortgage Loan other than a MERS Mortgage Loan.
Non-MERS Mortgage Loan. Any Mortgage Loan other than a MERS Mortgage Loan. Non-permitted Foreign Holder: As defined in Section 3.03(f).
Non-MERS Mortgage Loan. Any Mortgage Loan other than a MERS Mortgage Loan NON-PO ALLOCATED AMOUNT: At the time of any determination, the amount derived by (i) multiplying the Principal Balance of each Outstanding Mortgage Loan on such date of determination by the Non-PO Percentage with respect to such Mortgage Loan and (ii) summing the results.
Examples of Non-MERS Mortgage Loan in a sentence
If requested by MSR Owner, Subservicer will register with MERS any Defended Loan that is a Non-MERS Mortgage Loan as of the related Agency Delivery Date (and eligible to be a MERS Mortgage Loan), in MSR Owner’s name.
More Definitions of Non-MERS Mortgage Loan
Non-MERS Mortgage Loan. Any Mortgage Loan other than a MERS Mortgage Loan. NONRECOVERABLE ADVANCE: Any Advance previously made or proposed to be made in respect of a Mortgage Loan by the Servicer pursuant to Section 6.03 which, in the good faith judgment of the Servicer, will not or, in the case of a proposed Advance, would not, ultimately be recoverable by the Servicer from Late Collections or otherwise. The determination by the Servicer that it has made, or would be making, a Nonrecoverable Advance shall be evidenced by a certificate of a Servicing Officer of the Servicer delivered to the Trustee, any co-trustee and the Depositor and detailing the reasons for such determination.
Non-MERS Mortgage Loan. Any Mortgage Loan other than a MERS Mortgage Loan. Non-Performing Mortgage Loan: Each Mortgage Loan listed on Schedule I-B hereto.
Non-MERS Mortgage Loan. Any Mortgage Loan other than a MERS Mortgage Loan. Non-permitted Foreign Holder: Any Person other than (A) a Person who is not a Non-U.S. Person or (B) a Non U.S. Person that holds a Residual Certificate in connection with the conduct of a trade or business within the United States and has furnished the transferor and the Certificate Registrar with an effective Internal Revenue Service Form W-8ECI or successor form at the time and in the manner required by the Code.
Non-MERS Mortgage Loan any Mortgage Loan as to which MERS is not (and is not intended to be) the mortgagee of record;
Non-MERS Mortgage Loan. Any Mortgage Loan other than a MERS Mortgage Loan. Non-Monthly Mortgage Loan: Each Mortgage Loan listed on Schedule I-C hereto. Non-permitted Foreign Holder: Any Person other than (A) a Person who is not a Non-U.S. Person or (B) a Non-U.S. Person that holds a Residual Certificate in connection with the conduct of a trade or business within the United States and has furnished the transferor and the Certificate Registrar with an effective Internal Revenue Service Form W-8ECI or successor form at the time and in the manner required by the Code.
Non-MERS Mortgage Loan. Any Mortgage Loan other than a MERS Mortgage Loan. Notice Date: The fifteenth calendar day preceding each Transfer Date, or, if such day is not a Business Day, the immediately preceding Business Day.
Non-MERS Mortgage Loan. Any Mortgage Loan other than a MERS Mortgage Loan. Note Account: The account maintained by the Indenture Trustee pursuant to Section 5.02.