Starwood Capital Group Hotel Portfolio Mortgage definition

Starwood Capital Group Hotel Portfolio Mortgage. The Mortgage(s) encumbering the portfolio of Mortgaged Properties identified on the Mortgage Loan Schedule as “Starwood Capital Group Hotel Portfolio” and securing the Starwood Capital Group Hotel Portfolio Mortgage Loan and Starwood Capital Group Hotel Portfolio Companion Loans.
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Examples of Starwood Capital Group Hotel Portfolio Mortgage in a sentence

  • GACC and JP Morgan, on behalf of the Depositor, indicated that the Starwood Capital Group Hotel Portfolio Mortgage Loan (as defined in the footnote in Note 4 of Exhibit 2 to Attachment A) consists of a portion of a pari-passu mortgage loan that will be transferred to the Depositor by GACC.

  • For the Starwood Capital Group Hotel Portfolio Mortgage Loan, the Mortgage Loan Sellers, on behalf of the Depositor, instructed us to perform the procedures described in this report for JP Morgan, and to perform no procedures relating to the Starwood Capital Group Hotel Portfolio Mortgage Loan for GACC.

  • We provided the Mortgage Loan Sellers (as applicable) a list of any differences that were found (subject to the instructions provided by the Depositor that are described below).We did not perform the procedure described above for the Year One Period for the General Motors Building Mortgage Loan and Starwood Capital Group Hotel Portfolio Mortgage Loan.

  • For the purpose of comparing the “Appraisal As-of Date” characteristic for each Underlying Property that secures the Starwood Capital Group Hotel Portfolio Mortgage Loan, JP Morgan, on behalf of the Depositor, instructed us to use the individual dates of valuation for each Underlying Property, as shown in the applicable appraisal report Source Document.

  • For the Starwood Capital Group Hotel Portfolio Mortgage Loan, JP Morgan and Starwood, on behalf of the Depositor, instructed us to perform the procedures described in this report for JP Morgan, and to perform no procedures relating to the Starwood Capital Group Hotel Portfolio Mortgage Loan for Starwood.

  • For the Starwood Capital Group Hotel Portfolio Mortgage Loan, GACC and JP Morgan, on behalf of the Depositor, instructed us to perform the procedures described in this report for GACC, and to perform no procedures relating to the Starwood Capital Group Hotel Portfolio Mortgage Loan for JP Morgan.

  • JP Morgan and Starwood, on behalf of the Depositor, indicated that the Starwood Capital Group Hotel Portfolio Mortgage Loan (as defined in the footnote in Note 4 of Exhibit 2 to Attachment A) consists of multiple portions of a pari-passu mortgage loan that will be transferred to the Depositor by JP Morgan and Starwood.

  • Net operating income or net cash flow for each Specified Period that is shown on the Borrower Operating Statement Data Files, Appraisal(s), Lease Abstracts, Tax Assessor Websites or Tax Bills (as applicable) to the corresponding information on the Underwriting File (except for the Year One Period for the Gateway Net Lease Portfolio Mortgage Loan and Starwood Capital Group Hotel Portfolio Mortgage Loan).

  • Use a materiality threshold of +/- 2%, calculated as a percentage of the value as shown on the Borrower Operating Statement Data Files, Appraisal(s), Lease Abstracts, Tax Assessor Websites or Tax Bills (as applicable).We did not perform the procedures described above for the Year One Period for the Gateway Net Lease Portfolio Mortgage Loan and Starwood Capital Group Hotel Portfolio Mortgage Loan.

  • The Mortgage Loan Sellers, on behalf of the Depositor, indicated that the Starwood Capital Group Hotel Portfolio Mortgage Loan (as defined in Note 7 of Exhibit 2 to Attachment A) consists of multiple portions of a pari-passu mortgage loan that will be transferred to the Depositor by the Mortgage Loan Sellers.

Related to Starwood Capital Group Hotel Portfolio Mortgage

  • Park Monaco Mortgage Loans The Mortgage Loans identified as such on the Mortgage Loan Schedule for which Park Monaco is the applicable Seller.

  • REAL ESTATE MORTGAGE INVESTMENT CONDUIT (A "REMIC") AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE "CODE"). [FOR SUBORDINATE CERTIFICATES][THIS CERTIFICATE IS SUBORDINATE TO ONE OR MORE CLASSES OF CERTIFICATES OF THE SAME SERIES AS AND TO THE EXTENT DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERRED TO HEREIN.] [FOR PRINCIPAL BALANCE CERTIFICATES][THE OUTSTANDING CERTIFICATE PRINCIPAL BALANCE HEREOF AT ANY TIME MAY BE LESS THAN THE AMOUNT SHOWN ABOVE.] [FOR CLASS X-1 AND CLASS X-2 CERTIFICATES][THE OUTSTANDING CERTIFICATE NOTIONAL AMOUNT HEREOF AT ANY TIME MAY BE LESS THAN THE AMOUNT SHOWN ABOVE. THIS CERTIFICATE DOES NOT HAVE A CERTIFICATE PRINCIPAL BALANCE AND WILL NOT ENTITLE THE HOLDER HEREOF TO DISTRIBUTIONS OF PRINCIPAL.] [FOR REGULATION S GLOBAL CERTIFICATES][PRIOR TO THE DATE THAT IS 40 DAYS AFTER THE LATER OF (A) THE CLOSING DATE AND (B) THE COMMENCEMENT OF THE INITIAL OFFERING OF THE CERTIFICATES IN RELIANCE ON REGULATION S, THIS CERTIFICATE MAY NOT BE OFFERED, SOLD, PLEDGED OR OTHERWISE TRANSFERRED IN THE UNITED STATES OR TO A U.S. PERSON EXCEPT PURSUANT TO AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT OF 1933, AS AMENDED. NO BENEFICIAL OWNERS OF THIS CERTIFICATE SHALL BE ENTITLED TO RECEIVE PAYMENT OF PRINCIPAL OR INTEREST HEREON UNLESS THE REQUIRED CERTIFICATIONS HAVE BEEN DELIVERED PURSUANT TO THE TERMS OF THE POOLING AND SERVICING AGREEMENT REFERRED TO HEREIN.]

  • Pledged Asset Mortgage Servicing Agreement The Pledged Asset Mortgage Servicing Agreement, dated as of February 28, 1996 between MLCC and the Master Servicer. Pooling and Servicing Agreement or Agreement: With respect to any Series, this Standard Terms together with the related Series Supplement.

  • Residential mortgage loan means any loan primarily for

  • Group home means a residential facility housing no more than twelve children with a program which emphasizes family-style living in a homelike environment. Such group home may also offer a program within the community to meet the specialized treatment needs of its residents;

  • Initial Mortgage Loans The Mortgage Loans included in the Trust as of the Closing Date.

  • Mortgage Servicing Rights The rights and responsibilities of Seller with respect to servicing the Mortgage Loans under the Servicing Agreements, including any and all of the following if and to the extent provided therein: (a) all rights to service a Mortgage Loan; (b) all rights to receive servicing fees, Ancillary Income, reimbursements or indemnification for servicing the Mortgage Loan, and any payments received in respect of the foregoing and proceeds thereof; (c) the right to collect, hold and disburse escrow payments or other payments with respect to the Mortgage Loan and any amounts actually collected with respect thereto and to receive interest income on such amounts to the extent permitted by Applicable Law; (d) all accounts and other rights to payment related to any of the property described in this paragraph; (e) possession and use of any and all Credit Files pertaining to the Mortgage Loan or pertaining to the past, present or prospective servicing of the Mortgage Loan; (f) to the extent applicable, all rights and benefits relating to the direct solicitation of the related Mortgagors for refinance or modification of the Mortgage Loans and attendant right, title and interest in and to the list of such Mortgagors and data relating to their respective Mortgage Loans; and (g) all rights, powers and privileges incident to any of the foregoing.

  • Serviced Companion Loan Securities Any commercial mortgage-backed securities that evidence an interest in or are secured by the assets of an Other Securitization Trust, which assets include a Serviced Companion Loan (or a portion thereof or interest therein).

  • Portfolio Securities or "investments" of the Series shall mean, respectively, such assets, net assets, securities, portfolio securities or investments which are from time to time under the management of the Subadviser pursuant to this Agreement.

  • Mortgage Sale Agreement means the mortgage sale agreement entered into on or about the Initial Closing Date among the Seller, the Mortgages Trustee, Funding and the Security Trustee in relation to the assignment from time to time of the Mortgage Portfolio to the Mortgages Trustee as may be amended, restated, novated, varied or supplemented from time to time and shall include any additional and/or replacement mortgage sale agreement entered into by such parties from time to time in accordance with the Transaction Documents;

  • Real Estate-Related Assets means any investments by the Company or the Operating Partnership in Mortgages and Real Estate-Related Securities.

  • Mortgage Group Either of Group One or Group Two.

  • Asset management means a systematic process of operating and maintaining the state system of

  • Initial Mortgage Loan A Mortgage Loan conveyed to the Trust Fund on the Closing Date pursuant to this Agreement as identified on the Mortgage Loan Schedule delivered to the Trustee on the Closing Date.

  • EMC Mortgage Loans Those Mortgage Loans serviced by the Company pursuant to the terms of this Agreement.

  • Investment Portfolio means invested assets (including cash and cash equivalents, short-term investments, bonds or other fixed income securities and equity investments).

  • Hotel Management Agreement means any management agreements between a Hotel Management Company and Lessee and/or Landlord, as applicable, as such management agreements are amended from time to time for the Hotel.

  • Real Estate-Related Securities shall have the meaning set forth in the Charter.

  • Management Group means at any time, the Chairman of the board of directors, the Chief Executive Officer, the President, any Managing Director, Executive Vice President, Senior Vice President or Vice President, any Treasurer and any Secretary of Holdings or other executive officer of Holdings or any Subsidiary of Holdings at such time.

  • Asset Management Agreement means, as the context requires, any agreement entered into between a Series and an Asset Manager pursuant to which such Asset Manager is appointed as manager of the relevant Series Assets, as amended from time to time.

  • Portfolio Management Services means management of the investment and reinvestment of the assets belonging to the Series, consisting specifically of the following:

  • GreenPoint Mortgage Loans The Mortgage Loans for which GreenPoint is listed as "Servicer" on the Mortgage Loan Schedule.