Serviced Mortgage Loan Group Controlling Party definition

Serviced Mortgage Loan Group Controlling Party. In connection with the Muirwood Apartments Loan Group, the Muirwood Apartments Controlling Party.
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Serviced Mortgage Loan Group Controlling Party. In connection with a Serviced Mortgage Loan Group, the holder(s) of the related Mortgage Loans that constitute the "controlling lender" or "directing lender", or are otherwise designated as the noteholders whose consent or consultation is required as a condition to various actions proposed to be taken by the servicer of such Mortgage Loan Group, if and as contemplated by the related Mortgage Loan Group Intercreditor Agreement. For the avoidance of doubt, none of the Serviced Mortgage Loan Groups provides for a Serviced Mortgage Loan Group Controlling Party.
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Serviced Mortgage Loan Group Controlling Party. In connection with a Serviced Mortgage Loan Group that includes one or more Serviced Non-Pooled Subordinate Loans, the holder(s) of the related Mortgage Loans that constitute the "controlling lender" or "directing lender", or are otherwise designated as the noteholders whose consent or consultation is required as a condition to various actions proposed to be taken by the servicer of such Mortgage Loan Group, if and as contemplated by the related Mortgage Loan Group Intercreditor Agreement, which holders are (i) in the case of the 0000 Xxxxxxxx Loan Group, the 0000 Xxxxxxxx Controlling Party, and (ii) in the case of the Tuscany Plaza Loan Group, the Tuscany Plaza Controlling Party.
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More Definitions of Serviced Mortgage Loan Group Controlling Party

Serviced Mortgage Loan Group Controlling Party. In connection with any PCF Mortgage Loan Group that includes one or more Serviced Non-Pooled Subordinate Loans, the Marketplace at Seminole Controlling Party, the Xxxx Xxxx Xxxxxx (Phase I) Controlling Party, the Stuart Centre Controlling Party, the South Xxxxxxx Square Controlling Party, the Poinciana Place Controlling Party or the Maybrook Plaza Apartments Controlling Party, as applicable.
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Serviced Mortgage Loan Group Controlling Party. In connection with any Serviced Mortgage Loan Group that includes one or more Serviced Non-Pooled Subordinate Loans, the Lock Up Storage Centers Controlling Party, the Park Place Controlling Party, the JL Holdings Portfolio Controlling Party, the Aspen Highlands Controlling Party, the The Landings at Cypress Xxxxxxx Controlling Party or the Ramapo Centre Controlling Party, as applicable.
Sample 1
Serviced Mortgage Loan Group Controlling Party. In connection with a Serviced Mortgage Loan Group that includes one or more Serviced Non-Pooled Subordinate Loans, the holder(s) of the related Mortgage Loans that constitute the “controlling lender” or “directing lender”, or are otherwise designated as the noteholders whose exclusive consent or consultation is required as a condition to various actions proposed to be taken by the servicer of such Mortgage Loan Group, if and as contemplated by the related Mortgage Loan Group Intercreditor Agreement. Notwithstanding the foregoing, for purposes of this Agreement, there is no Serviced Mortgage Loan Group Controlling Party for any Serviced Mortgage Loan Group other than the Iron Mountain Mortgage Loan Group.
Sample 1
Serviced Mortgage Loan Group Controlling Party. In connection with a Serviced Mortgage Loan Group that includes one or more Serviced Non-Pooled Subordinate Loans, the holder(s) of the related Mortgage Loans that constitute the "controlling lender" or "directing lender", or are otherwise designated as the noteholders whose consent or consultation is required as a condition to various actions proposed to be taken by the servicer of such Mortgage Loan Group, if and as contemplated by the related Mortgage Loan Group Intercreditor Agreement, which holders are, in the case of the South Bay Galleria Loan Group, the South Bay Galleria Controlling Party. For purposes of this Agreement, there is no Serviced Mortgage Loan Group Controlling Party for The Tower Loan Group but this statement shall not be construed to limit the rights of The Tower Non-Pooled Mortgage Loan Noteholder under the related Mortgage Loan Group Intercreditor Agreement.
Sample 1
Serviced Mortgage Loan Group Controlling Party. In connection with a Serviced Mortgage Loan Group that includes one or more Serviced Non-Pooled Subordinate Loans, the holder(s) of the related Mortgage Loans that constitute the "controlling lender" or "directing lender", or are otherwise designated as the noteholders whose exclusive consent or consultation is required as a condition to various actions proposed to be taken by the servicer of such Mortgage Loan Group, if and as contemplated by the related Mortgage Loan Group Intercreditor Agreement. Such holders are the GGP Portfolio Controlling Party, the Aviata Apartments Controlling Party and the Circuit City San Xxxxxx Controlling Party.
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Related to Serviced Mortgage Loan Group Controlling Party

  • Performing Serviced Mortgage Loan A Serviced Mortgage Loan that is not, and is not part of, a Specially Serviced Loan or REO Loan.

  • Serviced Mortgage Loan A Mortgage Loan that is not an Outside Serviced Mortgage Loan.

  • Subserviced Mortgage Loan Any Mortgage Loan that, at the time of reference thereto, is subject to a Subservicing Agreement.

  • Special Serviced Mortgage Loan The Mortgage Loans for which the Special Servicer acts as servicer pursuant to Section 3.19.

  • Mortgage Loan Group Either Group I or Group II.

  • Non-Serviced Mortgage Loan means a Mortgage Loan included in the Trust but serviced under another agreement. There are no Non-Serviced Mortgage Loans in the Trust.

  • Specially Serviced Mortgage Loan means the Mortgage Loan during the period it is serviced by the Special Servicer following a Servicing Transfer Event.

  • Nonsubserviced Mortgage Loan Any Mortgage Loan that, at the time of reference thereto, is not subject to a Subservicing Agreement.

  • Covered Mortgage Loan Any Mortgage Loan that is covered by a PMI Policy.

  • Group 4 Mortgage Loan Each Mortgage Loan listed on Exhibit D-4 hereto.

  • Other Servicer Mortgage Loan Any of the Mortgage Loans, if any, identified in Exhibit F-2 hereto, as such Exhibit may be amended from time to time in connection with a substitution pursuant to Sections 2.02 or 2.06, which Mortgage Loan is serviced under an Other Servicing Agreement.

  • Mortgage Loan Seller Sub-Servicer A Sub-Servicer required to be retained by the Master Servicer by a Mortgage Loan Seller, as listed on Exhibit S to this Agreement, or any successor thereto.

  • Servicer Mortgage Loan File As defined in each of the Servicing Agreements.

  • Corrected Mortgage Loan Any Mortgage Loan that had been a Specially Serviced Mortgage Loan but has ceased to be such in accordance with the definition of "Specially Serviced Mortgage Loan" (other than by reason of a Liquidation Event occurring in respect of such Mortgage Loan or a related Mortgaged Property becoming an REO Property).

  • Group 3 Mortgage Loan Each Mortgage Loan listed on Exhibit D-3 hereto.

  • Group 2 Mortgage Loan Each Mortgage Loan listed on Exhibit D-2 hereto.

  • Performing Mortgage Loan Any Mortgage Loan or Serviced Pari Passu Companion Loan that is not a Specially Serviced Mortgage Loan.

  • Non-MERS Mortgage Loan Any Mortgage Loan other than a MERS Mortgage Loan.

  • ARD Mortgage Loan Any Mortgage Loan that is identified as having an Anticipated Repayment Date and a Revised Rate on the Mortgage Loan Schedule.

  • Purchased Mortgage Loans means the collective reference to Mortgage Loans together with the Repurchase Assets related to such Mortgage Loans transferred by Seller to Buyer in a Transaction hereunder, listed on the related Mortgage Loan Schedule attached to the related Transaction Request, which such Mortgage Loans the Custodian has been instructed to hold pursuant to the Custodial Agreement.

  • Distressed Mortgage Loan Any Mortgage Loan that at the date of determination is Delinquent in payment for a period of 90 days or more without giving effect to any grace period permitted by the related Mortgage Note or for which the applicable Servicer or the Trustee has accepted a deed in lieu of foreclosure.

  • Group I Mortgage Loan A Mortgage Loan assigned to Loan Group I. All Group I Mortgage Loans have a principal balance at origination that conforms to Xxxxxxx Mac loan limits.

  • Defective Mortgage Loan Any Mortgage Loan which is required to be repurchased pursuant to Section 2.02 or 2.03.

  • Serviced Companion Loan Holder The holder of a Serviced Companion Loan.

  • Serviced Companion Loan A Companion Loan that is part of a Serviced Loan Combination. With respect to each Servicing Shift Mortgage Loan and the related Servicing Shift Loan Combination, each related Companion Loan will no longer be a Serviced Companion Loan on and after the related Servicing Shift Date.