RELEVANT MORTGAGE LOAN definition

RELEVANT MORTGAGE LOAN. The meaning specified in Section 5.01.
RELEVANT MORTGAGE LOAN. As defined in Section 3.12(c).
RELEVANT MORTGAGE LOAN. A Mortgage Loan as to which there has been a reduction in the amount of interest collectible thereon for the most recently ended calendar month as a result of the application of the Relief Act, the amount, if any, by which interest collectible on such Mortgage Loan for the most recently ended calendar month is less than (ii) interest accrued thereon for such month pursuant to the Mortgage Note.

Examples of RELEVANT MORTGAGE LOAN in a sentence

  • THE MASTER SERVICER SHALL PROMPTLY NOTIFY THE PRIMARY SERVICER WITH RESPECT TO ANY SPECIALLY SERVICED MORTGAGE LOAN THAT BECOMES A REHABILITATED MORTGAGE LOAN AND SHALL PROVIDE PRIMARY SERVICER WITH ALL RELEVANT DOCUMENTS RECEIVED DURING THE TIME THAT THE RELEVANT MORTGAGE LOAN WAS A SPECIALLY SERVICED MORTGAGE LOAN.