REO Account. The account or accounts maintained by the Master Servicer in respect of an REO Property pursuant to Section 3.23.
REO Account shall have the meaning set forth in Section 9.14(a) hereof.
REO Account. As defined in Section 3.17(b).
Examples of REO Account in a sentence
Interest or other income earned on funds in the Collection Account, the Whole Loan Custodial Account, the Loss of Value Reserve Fund and any Mortgagor Accounts (to the extent consistent with the related Loan Documents), shall be paid to the Master Servicer as additional servicing compensation and interest or other income earned on funds in any REO Account shall be payable to the Special Servicer.
More Definitions of REO Account
REO Account means the Pool REO Account or a Loan Combination REO Account, as applicable.
REO Account. The separate trust account or accounts created and maintained pursuant to this Agreement which shall be entitled “Xxxxxx Savings and Loan Association, F.A. in trust for the Purchaser, as of [date of acquisition of title], Fixed and Adjustable Rate Mortgage Loans”.
REO Account. A segregated custodial account or accounts created and maintained by the Special Servicer pursuant to Section 3.16 of this Agreement on behalf of the Trustee in trust for the Certificateholders and the Serviced Companion Loan Holders, which (subject to any change in the identities of the Special Servicer and/or the Trustee) shall be entitled “Rialto Capital Advisors, LLC, as Special Servicer, on behalf of Deutsche Bank Trust Company Americas, as Trustee, for the benefit of the registered Holders of Citigroup Commercial Mortgage Trust 2017-P7, Commercial Mortgage Pass-Through Certificates, Series 2017-P7 and the Companion Loan Holder REO Account, as their interests may appear.” Any such account or accounts shall be an Eligible Account.
REO Account. The account or accounts maintained, or caused to be maintained, by the Servicer in respect of an REO Property pursuant to Section 3.21 of this Agreement or by the Interim Servicer pursuant to the Interim Servicing Agreement.
REO Account. A segregated custodial account or accounts created and maintained by (a) with respect to each of the Mortgage Loans (other than any Outside Serviced Mortgage Loan) and any Serviced Loan Combinations (other than the (i) the Woodlands Mall Loan Combination and (ii) The Centre Loan Combination), Midland Loan Services, a Division of PNC Bank, National Association, as the Special Servicer pursuant to Section 3.16 of this Agreement on behalf of the Trustee in trust for the Certificateholders and the related Serviced Companion Loan Holders, which (subject to any change in the identities of such Special Servicer and/or the Trustee) shall be entitled “Midland Loan Services, a Division of PNC Bank, National Association, as Special Servicer, on behalf of Wilmington Trust, National Association, as Trustee, for the benefit of the registered Holders of Benchmark 2019-B12 Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2019-B12 and the Companion Loan Holder, as their interests may appear--REO Account”; (b) with respect to the Woodlands Mall Loan Combination, Pacific Life Insurance Company, as the Special Servicer, pursuant to Section 3.16, which (subject to any change in the identities of such Special Servicer and/or the Trustee) shall be entitled “Pacific Life Insurance Company, as Special Servicer, on behalf of Wilmington Trust, National Association, as Trustee, for the benefit of the registered Holders of Benchmark 2019-B12 Mortgage Trust, Commercial Mortgage Pass Through Certificates, Series 2019-B12 and the Companion Loan Holder, as their interests may appear--REO Account”; and (c) with respect to The Centre Loan Combination, Trimont Real Estate Advisors, LLC, as the Special Servicer, pursuant to Section 3.16, which (subject to any change in the identities of such Special Servicer and/or the Trustee) shall be entitled “Trimont Real Estate Advisors, LLC, as Special Servicer, on behalf of Wilmington Trust, National Association, as Trustee, for the benefit of the registered Holders of Benchmark 2019-B12 Mortgage Trust, Commercial Mortgage Pass Through Certificates, Series 2019-B12 and the Companion Loan Holder, as their interests may appear REO--Account”. Any such account or accounts shall be an Eligible Account.
REO Account means a segregated custodial account or accounts created and maintained by the General Special Servicer or the Co-op Special Servicer, as applicable, pursuant to and for the benefit of the Persons specified in Section 3.16(b) of the Pooling and Servicing Agreement.
REO Account. A segregated account or accounts created and maintained by the Special Servicer pursuant to Section 3.16 on behalf of the Trustee in trust for the Certificateholders, which shall be entitled “LNR Partners, Inc., as Special Servicer, in trust for the registered holders of Wachovia Bank Commercial Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2007-C31.”