Wells Fargo Loans definition

Wells Fargo Loans means, collectively, those Mortgage Loans sold to thx Xxxositor pursuant to Mortgage Loan Purchase Agreement II and shown on Schedule II hereto.
Wells Fargo Loans. The Mortgage Loanx xxx which Wells Fargo is listed as "Servicer" xx xxe Mortgage Loan Schedule. Wells Fargo Sale and Servicing Agreexxxx: Either (i) the Seller's Warranties and Servicing Agreement, dated as of August 1, 2002, between Wells Fargo and the Purchaser, a copx xx which is attached hereto as Exhibit M; (ii) the Seller's Warranties and Servicing Agreement, dated as of November 1, 2002, between Wells Fargo and the Purchaser, a copx xx which is attached hereto as Exhibit N; and (iii) the Seller's Warranties and Servicing Agreement, dated as of February 1, 2003, between Wells Fargo and the Purchaser, a copx xx which is attached hereto as Exhibit O. Wells Fargo Servicinx Xxxxxxx: X Xxxxx Xxrgo Servicing Trigger exists xx xhe quotient (expressed as a percentage) of (x) the aggregate amount of Realized Losses incurred since the Cut-off Date through the last day of the related Principal Prepayment Period and (y) the Cut-off Date Pool Principal Balance exceeds the applicable percentages set forth below with respect to any Distribution Date: Distribution Date Occurring In Loss Percentage -------------------------------------- ----------------------------------------- November 2006 through October 2007 2.50% for the first month, plus an additional 1/12th of 1.25% for each month thereafter November 2007 through October 2008 3.75% for the first month, plus an additional 1/12th of 1.25% for each month thereafter November 2008 through October 2009 5.00% for the first month, plus an additional 1/12th of 1.00% for each month thereafter November 2009 through October 2010 6.00% for the first month, plus an additional 1/12th of 1.00% for each month thereafter November 2010 and thereafter 7.00%
Wells Fargo Loans means, collectively, those Mortgage Loans sold tx xxx Depositor pursuant to Mortgage Loan Purchase Agreement II and shown on Schedule II hereto.

Examples of Wells Fargo Loans in a sentence

  • The Depositor will deliver or cause to be delivered the original Mortgage Notes (or lost note affidavits with copies of the related Mortgage Notes, as described in the definition of "Mortgage File") relating to the Wells Fargo Loans to the Trustee, endorsed as otherwise provided herein, xx effect the transfer to the Trustee of such Mortgage Notes and all related deeds of trust, mortgages and other loan documents.

  • The second of the Wells Fargo Loans was taken out in 2011 in the amount of $1,000,000 at an interest rate of 6.05% in order to purchase the properties located at 717-723 Orizaba Ave., Long Beach, CA and 3116 East 7th St. Long Beach, CA, and 1035-1041 Redondo Ave, Long Beach, CA.

  • The first of the Wells Fargo Loans was taken out in 2010 in the amount of $246,000 at an interest rate of 6.7% in order to purchase the property located at 3111-3113 East 7th St. Long Beach, CA.

  • The Depositor will deliver or cause to be delivered the original Mortgage Notes (or lost note affidavits with copies of the related Mortgage Notes, as set forth in the definition of "Mortgage File") relating to the Wells Fargo Loans to the Trustee, endorsed as otherwise provided herein, xx effect the transfer to the Trustee of such Mortgage Notes and all related deeds of trust, mortgages and other loan documents.

  • In December 2017, we repaid all of the $0.7 million of outstanding borrowings under the Wells Fargo Loans.

  • The Debtor acknowledges that the Santander Liens are legal, valid, enforceable, non-avoidable, and duly perfected security interests in and liens upon the Santander Collateral.Pursuant to the Wells Fargo Loans, the Debtor granted a purchase money security interest to Wells Fargo (as detailed in the Wells Fargo Loans) against certain vehicles which the Dbetor purchased with the proceeds of the Wells Fargo Loans.

  • Safe Refuge obtained the Wells Fargo Loans in order to quickly meet the rising demands for substance abuse treatment and support recovery services to homeless and economically disadvantaged adults.

  • Refinance Wells Fargo Loans $1,000,000 Safe Refuge obtained two Wells Fargo Loans to purchase properties used to deliver substance abuse rehabilitation services.

  • These loans were subsequently sold by GE Capital to Wells Fargo Bank, N.A. The principal loan balance outstanding under these loans, or the Wells Fargo Loans, as of December 31, 2017 and December 31, 2016 amounted to $0 and $2.4 million, respectively.

  • By virtue of the various loan documents (collectively, the “Loan Documents”)1 underlying the Wells Fargo Loans, Wells Fargo holds alleged liens on both the Real Property (the “Real Property Liens”) and Financial Interests (the “Financial Interest Liens,” and collectively with the Real Property Liens, the “Wells Fargo Liens”).

Related to Wells Fargo Loans

  • KeyBank means KeyBank National Association.

  • Wells Fargo means Wells Fargo Bank, National Association.

  • PNC Bank means PNC Bank, National Association.

  • JPMorgan means JPMorgan Chase Bank, N.A.

  • Wachovia means Wachovia Bank, National Association, a national banking association, and its successors.

  • Bank of America means Bank of America, N.A. and its successors.

  • Bank of America Fee Letter means the letter agreement, dated January 4, 2011, among the Borrower, Bank of America and MLPFS.

  • Wells Fargo Bank Wells Fargo Bank, N.A., or its successor in interexx.

  • JPMCB means JPMorgan Chase Bank, N.A. and its successors.

  • U.S. Bank means U.S. Bank National Association, a national banking association.

  • JPM shall have the meaning assigned to such term in the preamble to this Agreement.

  • BMO means Bank of Montreal.

  • Deutsche Bank means Deutsche Bank AG and its affiliated companies, as the context requires.

  • Custodial parent means a parent awarded custody by a court decree. In the absence of a court decree, it is the parent with whom the child resides more than one half of the calendar year without regard to any temporary visitation.

  • SunTrust means SunTrust Bank.

  • Chase means The Chase Manhattan Bank.

  • Foothill means Foothill Capital Corporation, a California corporation.

  • Revolving Agent means the collateral agent (or the administrative agent acting as collateral agent) under any Revolving Credit Agreement, and its successors and assigns in such capacity and, from and after the execution of a Revolving Credit Substitute Facility, one or more other agents, collateral agents, trustees or similar contractual representatives for one or more holders of indebtedness or other Obligations evidenced thereunder or governed thereby and its successors and assigns in such capacity, but in no event shall any Obligor or Affiliate thereof be, or appoint, the Revolving Agent.

  • Royal Bank means Royal Bank of Canada.

  • L/C Bank means the Original L/C Bank and any other Lender which has been appointed as an L/C Bank in accordance with Clause 5.11 (Appointment and Change of L/C Bank) and which has not resigned in accordance with paragraph (c) of Clause 5.11 (Appointment and Change of L/C Bank).

  • CIBC means Canadian Imperial Bank of Commerce.

  • Fifth Third means Fifth Third Bank, National Association.

  • L/C Issuer means Bank of America in its capacity as issuer of Letters of Credit hereunder, or any successor issuer of Letters of Credit hereunder.

  • Credit Facility Agent means that certain agent, in its capacity as arranger and administrative agent under the Credit Agreement or any replacement or successor agent under the Credit Agreement.

  • LaSalle LaSalle Bank National Association or its successor in interest.

  • Xxxxx Fargo Fee Letter means the letter agreement, dated August 13, 2010, among the Borrowers, Xxxxx Fargo Securities, LLC and Xxxxx Fargo Bank, National Association.