WPC Department Store Portfolio Securitization Date definition

WPC Department Store Portfolio Securitization Date. With respect to the WPC Department Store Portfolio Whole Loan, the date on which the WPC Department Store Portfolio Companion Loan designated as Note A-2 is included in a securitization trust; provided that the holder of such WPC Department Store Portfolio Companion Loan provides each of the Master Servicer, the Special Servicer, the Operating Advisor, the Certificate Administrator and the Trustee (in each case only to the extent such party will not also be a party to the related Non-Trust Pooling and Servicing Agreement) with notice in accordance with the terms of the related Co-Lender Agreement that the WPC Department Store Portfolio Companion Loan designated as Note A-2 is to be included in the securitization related to such Other Pooling and Servicing Agreement.
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Examples of WPC Department Store Portfolio Securitization Date in a sentence

  • With respect to the WPC Department Store Portfolio Whole Loan and any related REO Property, prior to the WPC Department Store Portfolio Securitization Date, the WPC Department Store Portfolio Directing Holder shall exercise all approval rights regarding any Asset Status Report in respect of WPC Department Store Portfolio Whole Loan or REO Property set forth in the second paragraph of this Section 3.21(b) without regard to the occurrence of any Control Termination Event or Consultation Termination Event.

  • Notwithstanding the foregoing, in the case of the WPC Department Store Portfolio Whole Loan (prior to its becoming a Non-Serviced Mortgage Loan), the timing of any recordation of the documents referred to herein shall be governed by the last paragraph of the definition of “Mortgage File” and, following the WPC Department Store Portfolio Securitization Date, if such recordation has been effected, such documents shall be assigned in accordance with the last paragraph of the definition of “Mortgage File”.

  • With respect to the WPC Department Store Portfolio Mortgage Loan, prior to the WPC Department Store Portfolio Securitization Date, no other special servicer will be entitled to any such compensation or have such rights and obligations.

  • Contemporaneous with the WPC Department Store Portfolio Securitization Date, any such letter of credit shall be assigned to the related Other Master Servicer or related Other Trustee, as applicable, as provided in the related Other Pooling and Servicing Agreement.

  • Prior to the WPC Department Store Portfolio Securitization Date, the Custodian shall hold the Mortgage File with respect to the related Whole Loan.

  • Upon receipt of notice of its termination as Special Servicer with respect to the WPC Department Store Portfolio Mortgage Loan, as applicable, the Special Servicer shall reasonably cooperate with the related Other Special Servicer in connection with the servicing transition of the WPC Department Store Portfolio Mortgage Loan on and after the WPC Department Store Portfolio Securitization Date.

  • If the WPC Department Store Portfolio Mortgage Loan is still a Specially Serviced Loan on the WPC Department Store Portfolio Securitization Date, the related Other Special Servicer and the Special Servicer shall be entitled to compensation with respect to the related Whole Loan as if the Special Servicer were being terminated as Special Servicer and the related Other Special Servicer were replacing it as the successor special servicer.

Related to WPC Department Store Portfolio Securitization Date

  • Securitization Date means the effective date on which the Securitization of the first Note or portion thereof is consummated.

  • Note A-1 Securitization Date means the closing date of the Note A-1 Securitization.

  • Note A-6 Securitization Date means the closing date of the Note A-6 Securitization.

  • Note A-4 Securitization Date means the closing date of the Note A-4 Securitization.

  • Note A-3 Securitization Date means the closing date of the Note A-3 Securitization.

  • Note A-2 Securitization Date means the closing date of the Note A-2 Securitization.

  • Note A-5 Securitization Date means the closing date of the Note A-5 Securitization.

  • Portfolio Securities or "investments" of the Series shall mean, respectively, such assets, net assets, securities, portfolio securities or investments which are from time to time under the management of the Subadviser pursuant to this Agreement.

  • Lead Securitization Date means the closing date of the Lead Securitization.

  • Non-Lead Securitization Date means the closing date of any Non-Lead Securitization.

  • Note A-1 Securitization means the first sale by the Note A-1 Holder of all or a portion of Note A-1 to a depositor who will in turn include such portion of Note A-1 as part of the securitization of one or more mortgage loans.

  • Note A-1-1 Securitization means the first sale by the Note A-1-1 Holder of all or a portion of Note A-1-1 to a depositor who will in turn include such portion of Note A-1-1 as part of the securitization of one or more mortgage loans.

  • Note A-3 Securitization means the first sale by the Note A-3 Holder of all or a portion of Note A-3 to a depositor who will in turn include such portion of Note A-3 as part of the securitization of one or more mortgage loans.

  • Note A-2 Securitization means the first sale by the Note A-2 Holder of all or a portion of Note A-2 to a depositor who will in turn include such portion of Note A-2 as part of the securitization of one or more mortgage loans.

  • Note A-7 Securitization means the first sale by the Note A-7 Holder of all or a portion of Note A-7 to a depositor who will in turn include such portion of Note A-7 as part of the securitization of one or more mortgage loans.

  • Note A-6 Securitization means the first sale by the Note A-6 Holder of all or a portion of Note A-6 to a depositor who will in turn include such portion of Note A-6 as part of the securitization of one or more mortgage loans.

  • Note A-4 Securitization means the first sale by the Note A-4 Holder of all or a portion of Note A-4 to a depositor who will in turn include such portion of Note A-4 as part of the securitization of one or more mortgage loans.

  • Note A-5 Securitization means the first sale by the Note A-5 Holder of all or a portion of Note A-5 to a depositor who will in turn include such portion of Note A-5 as part of the securitization of one or more mortgage loans.

  • Lead Securitization Servicing Agreement means (i) the pooling and servicing agreement or other comparable agreement related to the Lead Securitization, and (ii) on and after the date on which the Mortgage Loan is no longer subject to the provisions of the Lead Securitization Servicing Agreement, the “Lead Securitization Servicing Agreement” shall be determined in accordance with the second paragraph of Section 2(a).

  • Note A-2 Master Servicer means the master servicer under the Note A-2 PSA.

  • Major transit investment corridor means public transit service that uses or occupies:

  • Note A-1 Special Servicer means the special servicer under the Note A-1 PSA.

  • Note A-3 Special Servicer means the special servicer under the Note A-3 PSA.

  • Non-Lead Securitization Servicing Agreement shall have the meaning assigned to such term in Section 2(b).

  • Note A-2 Special Servicer means the special servicer under the Note A-2 PSA.

  • 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).