Repurchased Note definition

Repurchased Note. As defined in Section 3.34(a).
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Repurchased Note shall have the meaning assigned thereto in Section 3.29.
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Examples of Repurchased Note in a sentence

  • Compensation shall be paid to the Trustee, the Certificate Administrator, the Servicer, the Special Servicer, and CREFC® with respect to the related Repurchased Note as provided in this Agreement.

  • The Servicer, the Certificate Administrator, and the Special Servicer shall have no reporting requirement with respect to the related Repurchased Note other than that the holder of the related Repurchased Note, subject to delivery by such holder of an Investor Certification, shall be entitled to receive any and all reports and have access to any and all information that a Certificateholder would otherwise have under the terms of this Agreement.

  • With respect to any Joint Mortgage Loan that is part of a Whole Loan, clauses (b)–(j) below shall not apply, and the terms of the related Intercreditor Agreement shall continue to govern the relationship between the related Mortgage Notes as if each related Repurchased Note were a Serviced Pari Passu Companion Loan or Non-Serviced Pari Passu Companion Loan, as applicable.

  • The Special Servicer shall cause such related Repurchased Note to be specially serviced for the benefit of the Repurchasing Seller in accordance with the terms and provisions set forth in this Agreement and shall be entitled to any Special Servicing Fee, Work-out Fee or Liquidation Fee that would be payable to the Special Servicer under this Agreement.

  • The Repurchasing Seller shall not be permitted to terminate the Servicer or the Special Servicer as servicer or special servicer of the related Repurchased Note.