Pledged Asset definition
Pledged Asset with respect to each Pledged Loan, shall mean the related “Assets” as defined in the Depositor Purchase Agreement.
Pledged Asset means the REO Subsidiary Interests pledged to Buyer to support the Obligations hereunder and not subsequently released from such pledge.
Pledged Asset. Loans. No Mortgage Loan is a “pledged asset” mortgage loan;
Examples of Pledged Asset in a sentence
Such obligation to repurchase exists without regard to any prior or intervening liquidation or foreclosure with respect to any Purchased Asset, Pledged Asset, Underlying Mortgage Loan or Underlying REO Property (but liquidation or foreclosure proceeds received by Buyer shall be applied to reduce the Repurchase/Release Price for such Purchased Asset, Pledged Asset, Underlying Mortgage Loan or Underlying REO Property on each Payment Date except as otherwise provided herein).
More Definitions of Pledged Asset
Pledged Asset. Loans. No Weichert Mortgage Loan is a "pledged asset" mortgage loan;
Pledged Asset shall have the meaning set forth in the applicable Pledge Agreement.
Pledged Asset means the commercial property directly held by Nanjing Deying with
Pledged Asset means an Eligible Loan Asset that has been originated or acquired, as applicable, by the Borrower and for which a Confirmation Statement has been duly executed and delivered by the Borrower and the Administrative Agent.