Serviced Mortgage Loans definition

Serviced Mortgage Loans shall have the meaning as set forth in Section 3.21(e)(i) of the Agreement.

Serviced Mortgage Loans. All of the Mortgage Loans except for any Mortgage Loans that are serviced and administered pursuant to a servicing agreement other than this Agreement.

Serviced Mortgage Loans means all Mortgage Loans serviced or required to be serviced by a Seller under any Servicing Agreement, irrespective of whether the actual servicing is done by another Person (a subservicer) retained by the Seller for that purpose.

Examples of Serviced Mortgage Loans in a sentence

• The Trust Fund was created, and the Mortgage Loans (other than the Outside Serviced Mortgage Loans) are to be serviced, pursuant to the Pooling and Servicing Agreement (as defined below).

• The Servicer, including any successor servicer hereunder, shall be subject to the supervision of the Master Servicer, which Master Servicer shall be obligated to ensure that the Servicer services the Serviced Mortgage Loans in accordance with the provisions of this Agreement.

• The Trust Fund, described more fully below, consists primarily of a pool of Mortgage Loans secured by first liens on commercial and multifamily properties and held in trust by the Trustee and, other than in the case of the Outside Serviced Mortgage Loans, serviced by the Master Servicer and the Special Servicer.

• The Trust Fund, described more fully below, consists primarily of a pool of Mortgage Loans secured by first liens on commercial and multifamily properties held in trust by the Trustee and, other than in the case of the Outside Serviced Mortgage Loans, serviced by the Master Servicer and the Special Servicer.

• The Trust Fund, described more fully below, consists primarily of a pool of Mortgage Loans secured by first liens on commercial, multifamily and manufactured housing community properties and held in trust by the Trustee and, other than in the case of the Outside Serviced Mortgage Loans, serviced by the Master Servicer and the Special Servicer.

More Definitions of Serviced Mortgage Loans

Serviced Mortgage Loans. The Mortgage Loans identified as such on the Mortgage Loan Schedule for which SPS is the applicable Servicer. Standard Hazard Policy: Each standard hazard insurance policy or replacement therefore referred to in Section 3.09.

Serviced Mortgage Loans. The Mortgage Loans identified as such on the Mortgage Loan Schedule, for which WMB is the applicable Servicer. WMB Reconstituted Servicing Agreement: That certain Reconstituted Servicing Agreement dated as of April 1, 2006 among DLJMC, WMB, the Master Servicer and the Trust Administrator, and acknowledged by the Trustee.

Serviced Mortgage Loans. ‎ means Mortgage Loans currently being serviced by Seller.

Serviced Mortgage Loans have the characteristics set forth in Schedule 4.17(l) (the "Assumed Characteristics'). To the extent that the Purchaser determines following the Closing Date that the actual characteristics of the Serviced Mortgage Loans are different from such Assumed Characteristics, and that the Purchase and Assumption Purchase Price, recalculated using such actual characteristics, would have been less than the Purchase and Assumption Purchase Price paid on the Closing Date, Purchaser shall furnish Sellers and Parent with documentation supporting such calculation and shall make a claim to Sellers and Parent for indemnification as to the amount of such difference pursuant to Section 9.3(a).

Serviced Mortgage Loans. The Mortgage Loans identified as such on the Mortgage Loan Schedule for which SPS is the applicable Servicer or the Special Servicer.

Serviced Mortgage Loans. The Mortgage Loans for which [________] is listed as “Servicer” on the Mortgage Loan Schedule. [________] Servicing Agreement: Solely with respect to the [________] Serviced Mortgage Loans, the Servicing Agreement, dated as of [_____________] by and among the [________] and [________], as servicer, as the same may be amended from time to time.

Serviced Mortgage Loans. The Mortgage Loans for which [_____________] is listed as “Servicer” on the Mortgage Loan Schedule.