Securitized Notes definition

Securitized Notes shall have the meaning set forth in Section 4.20.
Securitized Notes means any and all the individual notes which from time to time are held by the "Grantor Trust" established by that certain Second Amended and Restated Grantor Trust Agreement dated April 1, 1999 among and between NK-CR T1 Seller LLC, T-Two Partners, L.P., Midland Loan Services, Inc., and LaSalle National Bank, all as provided therein, as amended by that certain Amendment No. 1 To Second Amended and Restated Grantor Trust Agreement dated as of November 24, 2003, as same may be amended, modified, supplemented, or replaced from time to time.
Securitized Notes means any and all the individual notes which from time to time are held by the Grantor Trust. Securitized Property and Securitized Properties shall mean from time to time each real estate property, together with all improvements, fixtures, equipment, and personalty relating to such property which secures any Securitized Note, with the Securitized Properties as of the date hereof being listed on Exhibit N hereto. Security Documents shall mean, collectively, the NMLP Security Documents and the T-Two Security Documents. Servicer presently Midland Loan Services, Inc., shall have the meaning provided in the Grantor Trust Agreement. Shortfall Amount shall mean, with respect to any sale, transfer, refinance or other disposition of a Securitized Property which is owned by a NMLP Partnership which results in a discharge or release of the applicable Securitized Mortgage on such Securitized Property, the excess (if any) of (a) the Allocated Payment Amount for the Securitized Note secured by such Securitized Property, over (b) the aggregate of (i) all applicable T-Two Mandatory Principal Prepayments received by the Agent under Section 2.3.8(iii)(a) with respect to such Securitized Note (including the payment made or to be made as a result of the subject transaction), plus (ii) all NMLP Mandatory Principal Prepayments received by the Agent with respect to any Securitized Property which secures such Securitized Note (excluding the payment made or to be made as a result of the subject transaction).

Examples of Securitized Notes in a sentence

  • Accordingly, the effective cost of borrowing of the Securitized Notes is greater than the stated rate of interest.

  • Below is a list of equipment currently on location: All equipment is new.

  • Various tests were performed and parallel run of the application was taken to check the authenticity and correctness of the data and reports.The client team signed the approval of the solution and the site went live on the date as planned.

  • On June 28, 2001, MFN issued $301 million of notes secured by automobile sales finance Contracts (the "Securitized Notes") in a private placement (the "Secured Financing Agreement").

  • Both classes of the Securitized Notes issued under the Secured Financing Agreement bear a fixed rate of interest until their final distribution.

  • The Securitized Notes contain various covenants requiring certain minimum financial ratios and results.

  • A first priority pledge and collateral assignment granted by T-Two to the Agent, on behalf of the Lenders, of all of T-Two's right, title, and interest to and in the Grantor Trust, the Securitized Notes, the Securitized Mortgages and the other Securitization Documents.

  • The Securitized Notes also require certain funds be held in restricted cash accounts to provide additional collateral for the borrowings or to be applied to make payments on the Securitized Notes.

  • A first priority pledge and collateral assignment granted by T-Two to the Administrative Agent, on behalf of the Lenders, of all of T-Two’s right, title, and interest to and in the Grantor Trust, the Securitized Notes, the Securitized Mortgages and the other Securitization Documents.

  • In connection with the obligation of the Master Servicer to make P&I Advances with respect to the Fashion Show Mall Securitized Notes following a monetary event default or other material event of default under the related Mortgage Loan, the Master Servicer shall make such P&I Advances in an amount equal to the entire scheduled delinquent Monthly Payment or Assumed Monthly Payment due or deemed due, as the case may be, with respect to the Fashion Show Mall Securitized Notes.


More Definitions of Securitized Notes

Securitized Notes means the individual notes for each applicable Net Lease Partnership held by the Grantor Trust.
Securitized Notes means any and all the individual notes which from time to time are held by the Newkirk Grantor Trust.
Securitized Notes means any and all the individual notes which from time to time are held by the Grantor Trust. Securitized Note Schedule as defined in Section 6.2.15. Securitized Property and Securitized Properties shall mean from time to time each real estate property, together with all improvements, fixtures, equipment, and personalty relating to such property which secures any Securitized Note, with the Securitized Properties as of the date hereof being listed on Exhibit O hereto. Security Documents shall mean, collectively, the NMLP Security Documents and the T-Two Security Documents. Servicer presently Midland Loan Services, Inc., shall have the meaning provided in the Grantor Trust Agreement. Shortfall Amount shall mean, with respect to any sale, transfer, refinance or other disposition of a Securitized Property which is owned by a NMLP Partnership which results in a discharge or release of the applicable Securitized Mortgage on such Securitized Property, the excess (if any) of (a) the aggregate Allocated Payment Amounts for such Securitized Property(ies), over (b) the aggregate of (i) all applicable T-Two Mandatory Principal Prepayments received by the Administrative Agent under Section 2.3.8(c) with respect to such Securitized Properties (including the payment made or to be made as a result of the subject transaction), plus (ii) all NMLP Mandatory Principal Prepayments received by the Administrative Agent with respect to any Securitized Property which secures such Securitized Note (excluding the payment made or to be made as a result of the subject transaction). Single-Purpose Entity shall mean, with respect to a Person, that such Person has Formation Documents which contain generally the following provisions (with such variations as required by the provisions of the First Mortgage Debt), and has agreed to abide by such terms and conditions:

Related to Securitized Notes

  • Asset Backed Notes (the "Class A-2 Notes"), Class A-3 4.30% Asset Backed Notes (the "Class A-3 Notes"), Class A-4 4.36% Asset Backed Notes (the "Class A-4 Notes" and, together with the Class A-1 Notes, the Class A-2 Notes and the Class A-3 Notes, the "Class A Notes"), Class B 4.52% Asset Backed Notes (the "Class B Notes"), Class C 4.72% Asset Backed Notes (the "Class C Notes") and Class D 6.76% Asset Backed Notes (the "Class D Notes" and, together with the Class A Notes, the Class B Notes and the Class C Notes, the "Notes"), are issued under the Indenture, to which Indenture and all indentures supplemental thereto reference is hereby made for a statement of the respective rights and obligations thereunder of the Issuer, the Indenture Trustee and the Noteholders. The Notes are subject to all terms of the Indenture. The Class A-1 Notes are and will be equally and ratably secured by the collateral pledged as security therefor as provided in the Indenture. Interest on and principal of the Notes will be payable in accordance with the priority of payments set forth in Section 8.2 of the Indenture.

  • or "Notes means the Revolving Notes, the Swingline Note and/or the Term Notes, collectively, separately or individually, as appropriate.

  • Registered Notes has the meaning specified in Section 2.1.

  • Lead Securitization Notes means Note A-1-A, Note A-1-B, Note A-1-C, Note A-1-D, Note A-1-E, Note B-1, Note B-2, Note B-3, Note B-4 and Note B-5 for so long as any such note is included in the Lead Securitization.

  • MAC Notes The Classes of Modifiable And Combinable STACR® Notes shown on

  • Permitted Notes means and include (i) any Permitted Junior Notes and (ii) any Permitted Pari Passu Notes.

  • Notes shall have the meaning assigned to such term in the recitals.

  • Rated Notes means the Class A Notes, the Class B Notes, the Class C Notes, the Class D Notes and the Class E Notes.

  • 2029 Notes has the meaning specified in the recitals of this Supplemental Indenture.

  • Note A-3 Securitization means the first sale by the Note A-3 Holder of all or a portion of Note A-3 to a depositor who will in turn include such portion of Note A-3 as part of the securitization of one or more mortgage loans.

  • Note A-5 Securitization means the first sale by the Note A-5 Holder of all or a portion of Note A-5 to a depositor who will in turn include such portion of Note A-5 as part of the securitization of one or more mortgage loans.

  • Note A-4 Securitization means the first sale by the Note A-4 Holder of all or a portion of Note A-4 to a depositor who will in turn include such portion of Note A-4 as part of the securitization of one or more mortgage loans.

  • New Notes shall have the meaning assigned to such term in Section 32.

  • 2019 Notes has the meaning set forth in the definition of “2018 Exchange Offers”.

  • Note A-5 Securitization Date means the closing date of the Note A-5 Securitization.

  • Note A-4 Securitization Date means the closing date of the Note A-4 Securitization.

  • Indenture Notes means the Notes.

  • 2016 Notes means the aggregate principal amount of US$460,000,000 of 4.25% Convertible Senior Notes Due 2016 issued pursuant to the 2016 Note Indenture.

  • Note A-2 Securitization means the first sale by the Note A-2 Holder of all or a portion of Note A-2 to a depositor who will in turn include such portion of Note A-2 as part of the securitization of one or more mortgage loans.

  • Series 2021 Bonds means, collectively, the Series 2021A Bonds and the Series 2021B Bonds.

  • A Notes means each Note that has a designation starting with “A”, either individually or in the aggregate as the context may require.

  • Note A-1 Securitization means the first sale by the Note A-1 Holder of all or a portion of Note A-1 to a depositor who will in turn include such portion of Note A-1 as part of the securitization of one or more mortgage loans.

  • Note A-6 Securitization means the first sale by the Note A-6 Holder of all or a portion of Note A-6 to a depositor who will in turn include such portion of Note A-6 as part of the securitization of one or more mortgage loans.

  • Note A-7 Securitization means the first sale by the Note A-7 Holder of all or a portion of Note A-7 to a depositor who will in turn include such portion of Note A-7 as part of the securitization of one or more mortgage loans.

  • Exchange Notes means the Notes issued in the Exchange Offer pursuant to Section 2.06(f) hereof.

  • Note A-3 Securitization Date means the closing date of the Note A-3 Securitization.