Serviced Pari Passu Mortgage Loan definition

Serviced Pari Passu Mortgage Loan means a Mortgage Loan that is included in the Trust and is paid on a pari passu basis with a Serviced Companion Loan to the extent set forth in the related Intercreditor Agreement. There are no Serviced Pari Passu Mortgage Loans related to the Trust.
Serviced Pari Passu Mortgage Loan means a Mortgage Loan that is serviced under this Agreement, is a "Mortgage Loan" included in the Trust and is paid on a pari passu basis with a Serviced Companion Mortgage Loan. There are no Serviced Pari Passu Mortgage Loans included in the Trust.
Serviced Pari Passu Mortgage Loan. Each of (a) the D.C. Office Portfolio Mortgage Loan, (b) the Xxx Xxxx 00xx Xxxxxx Mortgage Loan, (c) the American Greetings HQ Mortgage Loan and (d) the Ralph’s Food Warehouse Portfolio Mortgage Loan.

Examples of Serviced Pari Passu Mortgage Loan in a sentence

  • Advance Interest payable to the Master Servicer, the Special Servicer or the Trustee in respect of Servicing Advances on any Loan Pair shall be allocated to the Serviced Pari Passu Mortgage Loan and the Serviced Companion Loan on a pro rata basis based upon the respective Unpaid Principal Balances thereof.

  • To the extent that the contents of the Mortgage File for any Serviced Pari Passu Mortgage Loan relate to the corresponding Serviced Companion Loan, the Trustee, or the Custodian, on the Trustee’s behalf, will also hold such Mortgage File in trust for the benefit of the holder of the related Serviced Companion Loan.

  • On the date specified in a written notice of termination given to the Special Servicer pursuant to clause (ii) of Section 9.30(a), all authority, power and rights of the Special Servicer under this Agreement with respect to the applicable Serviced Pari Passu Mortgage Loan, whether such Mortgage Loan is a Specially Serviced Mortgage Loan or otherwise, shall terminate.

  • The Master Servicer shall comply with the applicable provisions of each Intercreditor Agreement, and if any Serviced Pari Passu Mortgage Loan, Serviced Companion Loan, A Note or B Note are then Specially Serviced Mortgage Loans, the Special Servicer shall comply with the applicable provisions of the related Intercreditor Agreement.

  • Such determination by the Master Servicer or the Special Servicer shall be conclusive and binding on the Trustee and the Certificateholders and, in the case of any B Note, the holder of the related B Note and, in the case of any Serviced Pari Passu Mortgage Loan, the holder of the related Serviced Companion Loan.


More Definitions of Serviced Pari Passu Mortgage Loan

Serviced Pari Passu Mortgage Loan. Each of the Bass Pro & Cabela’s Portfolio Mortgage Loan, the Cabela’s Industrial Portfolio Mortgage Loan and the Xxxxxxxxx Mortgage Loan (prior to the related Servicing Shift Securitization Date), as applicable.
Serviced Pari Passu Mortgage Loan. Any Pari Passu Mortgage Loan that is a Serviced Mortgage Loan.
Serviced Pari Passu Mortgage Loan. Each of (a) the 00 Xxxxx Xxxxxx Mortgage Loan and (b) the Grapevine Xxxxx Mortgage Loan.
Serviced Pari Passu Mortgage Loan means the FRIS Chkn Pari Passu Loan or the U-Haul Portfolio Pari Passu Loan, as the case may be. Any Serviced Pari Passu Mortgage Loan is a "Mortgage Loan".
Serviced Pari Passu Mortgage Loan means a Mortgage Loan that is included in the Trust and is paid on a pari passu basis with a Serviced Companion Loan to the extent set forth in the related Intercreditor Agreement. The Serviced Pari Passu Mortgage Loans included in the Trust as of the Closing Date are the Southdale Center Mortgage Loan, the Bxxxxxx Center Mortgage Loan and The Mall at Txxxxx Crossing Mortgage Loan. On and after The Mall at Txxxxx Crossing Companion Loan Securitization Date, The Mall at Txxxxx Crossing Mortgage Loan shall cease to be a Serviced Pari Passu Mortgage Loan and shall be a Non-Serviced Mortgage Loan.
Serviced Pari Passu Mortgage Loan. Each of (a) the Marriott Anaheim Mortgage Loan, (b) the Miami International Mall Mortgage Loan and (c) The Shops at Wiregrass Mortgage Loan.
Serviced Pari Passu Mortgage Loan means the 1370 Avenue of the Americas Pari Passu Loan. Any Serviced Pari Passu Mortgage Loan is a "Mortgage Loan".