Subordinate Eligible Assets definition
Subordinate Eligible Assets means Eligible Assets described in items (ii) and (iii) of the definition of Eligible Assets.
Subordinate Eligible Assets means Eligible Assets described in items (ii) and (iii) of the definition of Eligible Assets. “ Subordinate Financing ” shall have the meaning set forth in Article 28(a) .
Examples of Subordinate Eligible Assets in a sentence
Such certificates or other evidence shall indicate that Seller (or, as to Subordinate Eligible Assets, the lead lender on the whole loan or mezzanine loan in which Seller is a participant or holder of a note or has an equity interest in the Mortgagor, as applicable), will be named as an additional insured as its interest may appear and shall contain a loss payee endorsement in favor of such additional insured with respect to the policies required to be maintained under the Purchased Asset Documents.