Pari Passu Companion Loan definition

Pari Passu Companion Loan. A Companion Loan that, pursuant to the related Loan Documents and/or the related Co-Lender Agreement, is pari passu in right of payment to the related Split Mortgage Loan. The only Pari Passu Companion Loans related to the Trust as of the Closing Date are evidenced by the Notes identified in the Loan Combination Table under the column heading “Pari Passu Companion Loan(s),” each of which Notes evidences a separate Pari Passu Companion Loan.
Pari Passu Companion Loan. A Serviced Pari Passu Companion Loan and/or a Non-Serviced Pari Passu Companion Loan, as the context may require.
Pari Passu Companion Loan. A Companion Loan that is pari passu in right of payment to the related Split Mortgage Loan. The only Pari Passu Companion Loans related to the Trust as of the Closing Date are the Xxxx-Xxxx Short Hills Office Portfolio Companion Loans, the Key Center Cleveland Companion Loans, the Scripps Center Companion Loan, the Xxxxxxxx Crossing Companion Loan, the 000 Xxxx 00xx Xxxxxx Retail Condo Companion Loans, the Greenwich Office Park Companion Loans, the 000 Xxxxxxxxxx Xxxxxx Companion Loans, the Atlanta and Anchorage Hotel Portfolio Companion Loans, the Urban Union - Amazon Pari Passu Companion Loan, the QLIC Pari Passu Companion Loans, the Broadway Portfolio Companion Loan, the Novo Nordisk Companion Loans, the Rentar Plaza Companion Loans and the Parts Consolidation Center Companion Loan.

Examples of Pari Passu Companion Loan in a sentence

  • Contemporaneous with the securitization of the related Pari Passu Companion Loan evidenced by the related Servicing Shift Lead Note, any such letter of credit shall be assigned to the related Outside Servicer or related Outside Trustee, as applicable, as provided in the related Servicing Shift Mortgage Loan Pooling and Servicing Agreement.

  • Compensating Interest Payments with respect to a Serviced Loan Combination shall be allocated between the related Mortgage Loan and the related Serviced Pari Passu Companion Loan(s) in accordance with their respective principal amounts, and the Master Servicer shall pay the portion of such Compensating Interest Payments allocable to a related Serviced Pari Passu Companion Loan to the holder thereof.

  • Any Serviced Pari Passu Companion Loan that is part of a Defaulted Serviced Loan Combination is to be sold together with the related Mortgage Loan, subject to this Section 3.17 and any additional requirements set forth in the related Co-Lender Agreement.

  • Furthermore, to the extent attributable to any Serviced Pari Passu Companion Loan or any REO Mortgage Loan with respect thereto, the Master Servicing Fee shall cease to accrue if a Liquidation Event occurs in respect of the related Mortgage Loan.

  • The contact name, mailing address and e-mail address of each initial Serviced Pari Passu Companion Loan Holder is set forth on Schedule IX hereto.


More Definitions of Pari Passu Companion Loan

Pari Passu Companion Loan. A Companion Loan that is pari passu in right of payment to the related Split Mortgage Loan. The only Pari Passu Companion Loans related to the Trust as of the Closing Date are the Xxxxx Office Portfolio Companion Loans, the 3 Xxxxxxxx Xxxxxx Xompanion Loans, the 170 Xxxxxxxx Xompanion Loan, the Crowne Plaza Bloomington Companion Loan, the Eastmont Town Center Companion Loan and the Commerce Point I & II Companion Loan.
Pari Passu Companion Loan. Each of the Worldwide Plaza Pari Passu Companion Loans, the Starwood Lodging Hotel Portfolio Pari Passu Companion Loans, the Bass Pro & Cabela’s Portfolio Pari Passu Companion Loan, the Loma Xxxxx Xxxx Passu Companion Loan, the Olympic Tower Pari Passu Companion Loans, the Cabela’s Industrial Portfolio Pari Passu Companion Loans, the Westin Palo Alto Pari Passu Companion Loans, the Long Island Prime Portfolio – Uniondale Pari Passu Companion Loans, the 90 Fifth Avenue Pari Passu Companion Loans, the Petco Corporate Headquarters Pari Passu Companion Loan, the Xxxxxxxxx Xxxx Passu Companion Loan and the Shops at Xxxxxxxx Xxxx Passu Companion Loan.
Pari Passu Companion Loan shall have the meaning assigned thereto in the Preliminary Statement.
Pari Passu Companion Loan. A Companion Loan that is pari passu in right of payment to the related Split Mortgage Loan. The only Pari Passu Companion Loans related to the Trust as of the Closing Date are the Empire Mall Companion Loans, the Marriott Midwest Portfolio Companion Loan, the 000 Xxxxxxxx Companion Loans, the 00 Xxxxxxx Xxxxxx Companion Loan, the 5 Penn Plaza Companion Loans, the 000 Xxxxxxx Xxxxxx Pari Passu Companion Loans, the Heritage Industrial Portfolio Companion Loan, the One Court Square Companion Loans, the GFH Xxxxxxx Industrial Portfolio Companion Loan, the Marriott Monterey Companion Loan and the Home Depot - Elk Grove Village Companion Loan.
Pari Passu Companion Loan. A Companion Loan that is pari passu in right of payment to the related Split Mortgage Loan. The only Pari Passu Companion Loans related to the Trust as of the Closing Date are the 000 Xxxx 00xx Xxxxxx Retail Condo Companion Loans, the 85 Tenth Avenue Pari Passu Companion Loans, the Xxxxxxx Place Google Companion Loans, the Prudential Plaza Companion Loans, the 000 Xxxxxxxxxx Xxxxxx Companion Loans, the Hilton Hawaiian Village Waikiki Beach Resort Pari Passu Companion Loans, the State Farm Data Center Companion Loan, the Summit Place Wisconsin Companion Loan, the 000 Xxxxx Xxxxxx Companion Loans, the 8 Times Square & 0000 Xxxxxxxx Companion Loans, the Marriott Hilton Head Resort & Spa Companion Loans and the Parts Consolidation Center Companion Loan.
Pari Passu Companion Loan. Each of the Westfield Wheaton Companion Loans, Soho-Tribeca Grand Hotel Pari Passu Companion Loans, 000 Xxxxx Xxxxxx Companion Loan, Westfield Trumbull Companion Loans, St. Louis Premium Outlets Companion Loans and Bayshore Mall Companion Loan.