Trust Subordinate Companion Whole Loan definition

Trust Subordinate Companion Whole Loan. Any Whole Loan that includes a Trust Subordinate Companion Loan. 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 Whole Loan” or “Trust Subordinate Companion Whole Loans” shall be disregarded.
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Trust Subordinate Companion Whole Loan. Any Whole Loan that includes a Trust Subordinate Companion Loan. The Woodfield Mall Whole Loan is the only Trust Subordinate Companion Whole Loan.
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Examples of Trust Subordinate Companion Whole Loan in a sentence

  • Copies of any environmental assessment prepared pursuant to Section 3.10(e) of this Agreement shall be provided to the Holder of any Principal Balance Certificates, the applicable Loan-Specific Principal Balance Certificates (if the subject Mortgaged Property relates to a Trust Subordinate Companion Whole Loan) and any related Serviced Companion Loan Holder upon written request to the Special Servicer.

  • However, if the Workout-Delayed Reimbursement Amount relates to a Property Advance for a Trust Subordinate Companion Whole Loan, the Master Servicer, the Special Servicer or the Certificate Administrator, as applicable, shall be entitled to recover such Workout-Delayed Reimbursement Amount from general collections on deposit in the Collection Account for the Mortgage Pool and the applicable Trust Subordinate Companion Loan.

Related to Trust Subordinate Companion Whole Loan

  • Subordinate Companion Loan A Companion Loan that, to the extent provided in the related Loan Documents and/or the related Co-Lender Agreement, is generally subordinate in right of payment to the related Split Mortgage Loan. The only Subordinate Companion Loans related to the Trust as of the Closing Date are evidenced by the Notes identified in the Loan Combination Table under the column heading “Subordinate Companion Loan(s),” each of which Notes evidences a separate Subordinate Companion Loan.

  • Serviced Pari Passu Companion Loan A Pari Passu Companion Loan that is part of a Serviced Loan Combination. With respect to each Servicing Shift Mortgage Loan and the related Servicing Shift Loan Combination, each related Pari Passu Companion Loan will cease to be a Serviced Pari Passu Companion Loan on and after the related Servicing Shift Date.

  • Pari Passu Companion Loan A Companion Loan that, pursuant to the related Loan Documents and/or the related Co-Lender Agreement, is pari passu in right of payment to the related Split Mortgage Loan. The only Pari Passu Companion Loans related to the Trust as of the Closing Date are evidenced by the Notes identified in the Loan Combination Table under the column heading “Pari Passu Companion Loan(s),” each of which Notes evidences a separate Pari Passu Companion Loan.

  • Serviced Pari Passu Companion Loan Holder A holder of a Serviced Pari Passu Companion Loan.

  • Companion Loan As defined in the Introductory Statement.

  • Whole Loan As defined in the Introductory Statement.

  • Serviced Companion Loan A Companion Loan that is part of a Serviced Loan Combination. With respect to each Servicing Shift Mortgage Loan and the related Servicing Shift Loan Combination, each related Companion Loan will no longer be a Serviced Companion Loan on and after the related Servicing Shift Date.

  • REO Companion Loan Any Serviced Companion Loan if the related Mortgaged Property has become an REO Property.

  • 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).

  • Companion Loan Holder The holder of a Companion Loan.

  • Serviced Companion Loan Holder The holder of a Serviced Companion Loan.

  • Cross-Collateralized Mortgage Loan Any Mortgage Loan, that is, by its terms, cross-defaulted and cross-collateralized with any other Mortgage Loan; provided that the Mortgage Loans that are part of any Loan Combination shall not constitute Cross-Collateralized Mortgage Loans.

  • Companion Loan Rating Agency With respect to any Serviced Companion Loan, any rating agency that was engaged by a participant in the securitization of such Serviced Companion Loan to assign a rating to the related Serviced Companion Loan Securities.