Trust Subordinate Companion Loan definition

Trust Subordinate Companion Loan. Each of Woodlands Mall Trust Subordinate Companion Loan and The Centre Trust Subordinate Companion Loan.

Trust Subordinate Companion Loan the 000 Xxxxx Xxxxxx Trust Subordinate Companion Loan.

Trust Subordinate Companion Loan. Each of 360 Rxxxxxxx Trust Subordinate Companion Loan and the 100 Xxxxx Xxxxxx Trust Subordinate Companion Loan.

Examples of Trust Subordinate Companion Loan in a sentence

• Accordingly, no separate REMIC elections will be made as to any Trust Subordinate Companion Loan, and no Trust Subordinate Companion Loan REMICs, Trust Subordinate Companion Loan Regular Interests or Trust Subordinate Companion Loan Residual Interests shall exist.

• On each Distribution Date, the amounts that have been transferred to a Trust Subordinate Companion Loan REMIC Distribution Account from the Collection Account or as P&I Advances or Compensating Interest Payments or as otherwise contemplated by the preceding sentences of this Section 4.01(a) shall be deemed distributed on the related Trust Subordinate Companion Loan Regular Interests to the Upper-Tier REMIC, in accordance with Section 4.01(a)(iii) and the last paragraph of Section 4.01(d).

• For the avoidance of doubt, the Asset Representations Reviewer shall not perform any Asset Review with respect to a Trust Subordinate Companion Loan at any time.

• Any Trustee/Certificate Administrator Fee payable with respect to the Mortgage Loans shall be payable solely from collections with respect to the Mortgage Loans, and any Trustee/Certificate Administrator Fee with respect to a Trust Subordinate Companion Loan shall be payable solely from collections with respect to such Trust Subordinate Companion Loan.

• As provided herein, the Certificate Administrator will elect that various segregated portions of the Trust Fund (other than any VRR Specific Grantor Trust Assets and any Class S Specific Grantor Trust Assets) be treated for federal income tax purposes as two separate REMICs designated as the “Upper-Tier REMIC” and the “Lower-Tier REMIC”, respectively, and a separate REMIC in connection with each Trust Subordinate Companion Loan, if any, each designated as a “Trust Subordinate Companion Loan REMIC”.

• No Trustee/Certificate Administrator Fee shall be payable with respect to any Companion Loan (other than a Trust Subordinate Companion Loan).

• For the avoidance of doubt, no Asset Representations Reviewer Ongoing Fee is payable with respect to a Trust Subordinate Companion Loan.

More Definitions of Trust Subordinate Companion Loan

Trust Subordinate Companion Loan. Any Subordinate Companion Loan included in the Trust Fund as to which a loan-specific sub-series of commercial mortgage-backed securities is to be issued under this Agreement. For avoidance of doubt, no Trust Subordinate Companion Loans will be included in the Trust Fund, and all references in this Agreement to “Trust Subordinate Companion Loan” or “Trust Subordinate Companion Loans” shall be disregarded.

Trust Subordinate Companion Loan. The Subordinate Companion Loan evidenced by the promissory note B made by the related Mortgagor and secured by the Mortgage on the 360 Spear Mortgaged Property, which is included in the Trust and which is subordinate in right of payment to the 360 Spear Mortgage Loan to the extent set forth in the related Loan Documents and as provided in the 360 Spear Co Lender Agreement.

Trust Subordinate Companion Loan. Each of the Wyvernwood Apartments Trust Subordinate Companion Loan and the Residence Inn Midtown East Trust Subordinate Companion Loan.

Trust Subordinate Companion Loan. As defined in the Preliminary Statement.

Trust Subordinate Companion Loan. Any Subordinate Companion Loan included in the Trust Fund as to which a loan-specific sub-series of commercial mortgage-backed securities is to be issued under this Agreement. The Woodfield Mall Trust Subordinate Companion Loan is the only Trust Subordinate Companion Loan in the Trust.