Reassignment of Assignment of Beneficial Interest definition

Reassignment of Assignment of Beneficial Interest. With respect to each Mortgage Loan secured by an interest in an Illinois Land Trust, an assignment of the Assignment of Beneficial Interest, sufficient under the laws of the jurisdiction wherein the related Mortgaged Property is located to effect the transfer of the entire beneficial interest in such Illinois Land Trust to the Depositors and the sale of such beneficial interest to the Trustee for the benefit of the Certificateholders.
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Examples of Reassignment of Assignment of Beneficial Interest in a sentence

  • Upon receipt by the Trustee or the Custodian, as applicable, of the recorded Assignment of Mortgage or Reassignment of Assignment of Beneficial Interest, such recorded Assignment of Mortgage or Reassignment of Assignment of Beneficial Interest shall become part of the Mortgage File.

  • The Trustee shall notify the related Depositor, the Servicer and the Certificate Insurer of any defect in such Assignment of Mortgage or Reassignment of Assignment of Beneficial Interest if it shall have actual knowledge of any such defect based on such review.

  • Any expense incurred by the Trustee or the Custodian not otherwise paid for by the related Depositor or the Servicer as required hereunder in connection with the preparation and recordation of such Assignment of Mortgage and Reassignment of Assignment of Beneficial Interest shall be reimbursed to the Trustee or Custodian, as applicable, pursuant to Section 12.05.

Related to Reassignment of Assignment of Beneficial Interest

  • Form of Assignment and Transfer means the “Form of Assignment and Transfer” attached as Attachment 3 to the Form of Note attached hereto as Exhibit A.

  • Assignment of Benefits means an arrangement whereby the Plan Participant assigns their right to seek and receive payment of eligible Plan benefits, in strict accordance with the terms of this Plan Document, to a Provider. If a provider accepts said arrangement, Providers’ rights to receive Plan benefits are equal to those of a Plan Participant, and are limited by the terms of this Plan Document. A Provider that accepts this arrangement indicates acceptance of an “Assignment of Benefits” as consideration in full for services, supplies, and/or treatment rendered.

  • Assignment of Agreements means that certain Assignment of Agreements, Licenses, Permits and Contracts, dated as of the date hereof, from Borrower, as assignor, to Lender, as assignee.

  • IP Assignment Agreement has the meaning set forth in Section 3.2(a)(iii).

  • Assignment / job means the work to be performed by the Consultant pursuant to the Contract.

  • Assignment of Contracts shall have the meaning provided in Section 5.07.

  • Transfer Affidavit and Agreement As defined in Section 5.02(d).

  • Transferee Affidavit and Agreement As defined in Section 6.02(g)(i)(B).

  • Assignment of Recognition Agreement With respect to a Cooperative Loan, an assignment of the Recognition Agreement sufficient under the laws of the jurisdiction wherein the related Cooperative Unit is located to reflect the assignment of such Recognition Agreement.

  • Beneficial Interest means the opportunity, directly or indirectly, through any contract, arrangement, understanding, relationship or otherwise, to profit, or share in any profit derived from, a transaction in the subject Securities. A Covered Person is deemed to have a Beneficial Interest in Securities owned by members of his or her Immediate Family. Common examples of Beneficial Interest include joint accounts, spousal accounts, UTMA accounts, partnerships, trusts and controlling interests in corporations. Any uncertainty as to whether a Covered Person has a Beneficial Interest in a Security should be brought to the attention of the Compliance Officer. Such questions will be resolved in accordance with, and this definition shall be subject to, the definition of “beneficial owner” found in Rules 16a-1(a)(2) and (5) promulgated under the Securities Exchange Act of 1934.

  • Trademark Assignment Agreement has the meaning set forth in Section 2.01.

  • Assignment Amount with respect to a Bank Investor shall mean at any time an amount equal to the lesser of (i) such Bank Investor's Pro Rata Share of the Net Investment held by the Conduit Investor in the same Related Group at such time and (ii) such Bank Investor's unused Commitment.

  • Deed of Assignment means the deed of assignment of the Shareholder Loan in the agreed form set out in Schedule 6 (Deed of Assignment) to be entered into between the Seller and the Buyer upon Completion.

  • Collateral Assignment Agreement has the meaning set forth in Section 10.05.

  • Assignment of Earnings shall have the meaning provided in the definition of “Collateral and Guaranty Requirements”.

  • Notice of Assignment is defined in Section 12.3.2.

  • IP Assignment a collateral assignment or security agreement pursuant to which an Obligor grants a Lien on its Intellectual Property to Agent, as security for the Obligations.

  • Certificate of Beneficial Ownership means, for each Borrower, a certificate in form and substance acceptable to Agent (as amended or modified by Agent from time to time in its sole discretion), certifying, among other things, the Beneficial Owner of such Borrower.

  • Transfer Certificate means a certificate substantially in the form set out in Schedule 4 (Form of Transfer Certificate) or any other form agreed between the Agent and the Borrower.

  • Form of Note means the “Form of Note” attached hereto as Exhibit A.

  • Transferee Letter The meaning specified in Section 12.16.

  • Transferor Letter As defined in Section 5.03(n).

  • Addendum Agreement is defined in Section 8.2.

  • Assignment Date means __________ __, 200_.

  • Transfer Affidavit As defined in Section 5.02(c).

  • Assignment of Proprietary Lease With respect to a Cooperative Loan, the assignment of the related Cooperative Lease from the Mortgagor to the originator of the Cooperative Loan.