Examples of Portfolio Mortgage Loan in a sentence
The portion of the Base Servicing Fee relating to a Secondary Portfolio Mortgage Loan shall begin to accrue as of the commencement of the Collection Period in which the related Assignment Date occurs but in no event shall such portion accrue on any day on which the portion of the Base Servicing Fee relating to the Primary Portfolio Mortgage Loan in respect of which such Secondary Portfolio Mortgage Loan became a Secondary Portfolio Mortgage Loan also accrues.
With respect to the Xx Xxxxxx Hotels & Resorts Portfolio Mortgage Loan, Seller’s obligation shall be Seller’s pro rata share based on Seller’s percentage interest as of the date hereof in the Xx Xxxxxx Hotels & Resorts Portfolio Mortgage Loan.
On and after the Stamford Plaza Portfolio Controlling Pari Passu Companion Loan Securitization Date, the paying agent (if any) under the Non-Trust Pooling and Servicing Agreement relating to the Stamford Plaza Portfolio Mortgage Loan shall be a Non-Trust Paying Agent.
There is no new activity to report at this time.Reported Additional Debt: With respect to the Selig Office Portfolio Mortgage Loan, in accordance with the terms of the related loan agreement, the borrower issued a promissory note to Goldman Sachs Bank USA, dated December 29, 2020, evidencing a $34,100,000 loan that is secured by the related Mortgaged Property and is pari passu with the Selig Office Portfolio Mortgage Loan.Item 1A.
With respect to the WPC Department Store Portfolio Mortgage Loan, prior to the WPC Department Store Portfolio Securitization Date, no other special servicer will be entitled to any such compensation or have such rights and obligations.