Whole Loans definition

Whole Loans means Mortgage Loans that are sold or intended to be sold to investors as whole loans, instead of being part of a pool from which MBS are to be created and sold.

Whole Loans means Mortgage Loans or participations therein, purchased or to be purchased by the Trustee which are neither securitized nor to be securitized into a Certificate.

Whole Loans means loans where a mortgage and the underlying credit risk is owned and held on the balance sheet of the entity with all ownership rights.

Examples of Whole Loans in a sentence

• In addition, the Mortgage Loan Seller shall, in accordance with Section 2.01(f) of the Pooling and Servicing Agreement, deliver to it and deposit with, or cause to be delivered to and deposited with, the Master Servicer within three (3) Business Days after the Closing Date, all unapplied reserve funds and Escrow Payments in the possession or under the control of the Mortgage Loan Seller that relate to the Mortgage Loans (other than any Non-Serviced Whole Loans).

• In addition, the Mortgage Loan Seller shall, in accordance with Section 2.01(f) of the Pooling and Servicing Agreement, deliver to, and deposit with, or cause to be delivered to, and deposited with, the Master Servicer, within three (3) Business Days after the Closing Date, all unapplied reserve funds and Escrow Payments in the possession or under the control of the Mortgage Loan Seller that relate to the Mortgage Loans (other than any Non-Serviced Whole Loans).

• In addition, the Mortgage Loan Seller shall, in accordance with Section 2.01(f) of the Pooling and Servicing Agreement, deliver to, and deposit with, or cause to be delivered to, and deposited with, the General Master Servicer, within three (3) Business Days after the Closing Date, all unapplied reserve funds and Escrow Payments in the possession or under the control of the Mortgage Loan Seller that relate to the Mortgage Loans (other than any Non-Serviced Whole Loans).

• In addition, the Mortgage Loan Seller shall, in accordance with Section 2.01(f) of the Pooling and Servicing Agreement, deliver to and deposit with, or cause to be delivered to and deposited with, the General Master Servicer within three (3) Business Days after the Closing Date, all unapplied reserve funds and Escrow Payments in the possession or under the control of the Mortgage Loan Seller that relate to the Mortgage Loans (other than any Non-Serviced Whole Loans).

• If the related Servicing File is not already in the possession of such party, it shall be delivered to the master servicer or special servicer, as the case may be, under any separate servicing agreement for the Whole Loans.

More Definitions of Whole Loans

Whole Loans has the meaning given to such term in the definition of “Eligible Loans”.

Whole Loans means the Mortgage Loans and any collateral, insurance, guaranty or other credit support arrangement related thereto.

Whole Loans means whole commercial mortgage loans held by Grantor as permitted under the Investment Guidelines and deposited into the Trust Accounts, which, for the avoidance of doubt, (a) shall include Participated Whole Loans and Co-Lending Assets held by Grantor, and (b) shall not include any Participation Assets.

Whole Loans means direct investments in whole residential mortgage loans, as opposed to investments in CMOs or other structured products that are backed by such loans.

Whole Loans means loans where a mortgage and the underlying credit risk is owned

Whole Loans means the Mortgage Loans and any collateral, insurance, guaranty or other credit support arrangement related thereto. Section 1.2 Interpretation. For purposes of this Agreement:

Whole Loans. The Fashion Show Mall Whole Loan and the 1901 Research Boulevard Whole Loan.