Pledged Mortgages definition

Pledged Mortgages has the meaning set forth in Section 3.1(a) hereof.

Pledged Mortgages means Mortgage Loans that are from time to time designated by the Company or any Borrowing Subsidiary and the Required Mortgage Documents in respect of which are required to be delivered to the Collateral Agent pursuant to any of this Agreement or the Security Agreement, including all Required Mortgage Documents related thereto.

Pledged Mortgages means all Mortgages and Mortgage Notes (1) covered by or referred to or intended to be included, in a loan request, or (2) for which any of the documentation related thereto is received by the Custodian under or pursuant to the Custodian Agreement or any of the Loan Documents, or (3) which are the subject of the Wet Closing provisions of this Agreement.

Examples of Pledged Mortgages in a sentence

• The Lender or its designee exclusively shall deliver Pledged Mortgages or Pledged Securities to (a) an Investor that has issued a Purchase Commitment with respect thereto for its examination and purchase, or (b) an Approved Custodian for purposes of examination or delivery in connection with the issuance of Mortgage-backed Securities.

• The Issuer shall cause the Assignments of the Pledged Mortgages securing the Bonds to be duly recorded in the manner specified in Section 2(a)(i) of the Master Servicing Agreement.

• On or before [noon California time] on the Determination Date, the Master Servicer shall provide by modem to the Trustee with respect to the Pledged Mortgages, an electronic data file (accompanied by a hardcopy report) in a format which is mutually agreed upon by the Master Servicer and the Trustee.

• If the Trustee discovers any defect or omission in the Mortgage Documents or that any document required to be delivered to it has not been delivered or that any document so delivered does not relate to any of the Original Pledged Mortgages, it shall promptly notify the Issuer and the Master Servicer of such Pledged Mortgage in accordance with the provisions of the Master Servicing Agreement.

• Use the proceeds of each Advance solely for the purpose of financing or purchasing Pledged Mortgages, including the issuance of Mortgage-backed Securities based thereon.

More Definitions of Pledged Mortgages

Pledged Mortgages means those [fixed/floating] rate, [fully-amortizing] conventional mortgage loans secured by first liens on one- to four-family residences as are Granted to the Indenture Trustee pursuant to the Indenture (including any REO Property).

Pledged Mortgages. Such of the mortgage loans Granted to the Trustee pursuant to the provisions hereof as from time to time are held as a part of the Trust Estate (including any REO Property), the mortgage loans so held being identified in the Schedule of Pledged Mortgages, notwithstanding foreclosure or other acquisition of title of the related Mortgaged Property.

Pledged Mortgages means, for any day, all of the Obligors' Mortgage Loans pledged to the Collateral Agent and in which the Collateral Agent has a first and prior perfected Lien on that day to secure the Obligations.

Pledged Mortgages means, for any day, all of the Obligors' Mortgage

Pledged Mortgages has the meaning set forth in Section 0 hereof. -----------------

Pledged Mortgages shall have the meaning set forth in the Mortgage Loan Pledge Agreement.

Pledged Mortgages means all Mortgage Loans that are from time to time delivered (or, in the case of AP Mortgages, are committed to be delivered) to the Collateral Agent for the benefit of the Lenders pursuant to this Agreement and the Security Agreement.