Common use of Servicing Clause in Contracts

Servicing. The servicing and collection practices used by the Mortgage Loan Seller with respect to the Mortgage Loan have been, in all respects legal and have met with customary industry standards for servicing of commercial loans for conduit loan programs.

Appears in 508 contracts

Samples: Mortgage Loan Purchase Agreement (Bank5 2024-5yr7), Mortgage Loan Purchase Agreement (Bank5 2024-5yr7), Mortgage Loan Purchase Agreement (Bank5 2024-5yr7)

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Servicing. The servicing and collection practices used by the Mortgage Loan Seller with respect to the Mortgage Loan have been, in all respects respects, legal and have met with customary industry standards for servicing of commercial loans for conduit loan programs.

Appears in 405 contracts

Samples: Pooling and Servicing Agreement (Benchmark 2024-V7 Mortgage Trust), Pooling and Servicing Agreement (Benchmark 2024-V7 Mortgage Trust), Pooling and Servicing Agreement (Benchmark 2024-V7 Mortgage Trust)

Servicing. The servicing and collection practices used by the Mortgage Loan Seller with respect to the Mortgage Loan have been, in all respects respects, legal and have met with customary industry standards for servicing of commercial loans for conduit loan programs.

Appears in 345 contracts

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2022-L8), Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2022-L8), Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2022-L8)

Servicing. The servicing and collection practices used by the Mortgage Loan Seller with respect to the Mortgage Loan have been, in all respects respects, legal and have met with customary industry standards for servicing of commercial loans for conduit loan programs.

Appears in 108 contracts

Samples: Mortgage Loan Purchase Agreement (Benchmark 2024-V5 Mortgage Trust), Mortgage Loan Purchase Agreement (Benchmark 2024-V5 Mortgage Trust), Mortgage Loan Purchase Agreement (Benchmark 2024-V5 Mortgage Trust)

Servicing. The servicing and collection practices used by the Mortgage Loan Seller with respect to the Mortgage Loan have been, in all respects legal and have met with customary industry standards for servicing of commercial loans for conduit loan programs.

Appears in 80 contracts

Samples: Pooling and Servicing Agreement (BMO 2024-5c4 Mortgage Trust), Pooling and Servicing Agreement (BMO 2024-5c4 Mortgage Trust), Pooling and Servicing Agreement (BMO 2024-5c4 Mortgage Trust)

Servicing. The servicing and collection practices used by the Mortgage Loan Seller with respect to the Mortgage Loan Loans have been, in all respects respects, legal and have met with customary industry standards for servicing of commercial loans for conduit loan programs.

Appears in 53 contracts

Samples: Pooling and Servicing Agreement (Benchmark 2024-V7 Mortgage Trust), Pooling and Servicing Agreement (BMO 2024-5c4 Mortgage Trust), Pooling and Servicing Agreement (BMO 2024-C8 Mortgage Trust)

Servicing. The servicing and collection practices used by the Mortgage Loan Seller with respect to the Mortgage Loan have been, in all respects legal and have met with customary industry standards for servicing of commercial loans for conduit loan programs.. Exh. C-16

Appears in 19 contracts

Samples: Mortgage Loan Purchase Agreement (BANK5 Trust 2024-5yr6), Mortgage Loan Purchase Agreement (BANK5 Trust 2024-5yr6), Mortgage Loan Purchase Agreement (Bank5 2023-5yr4)

Servicing. The servicing and collection practices used by the Mortgage Loan Seller with respect to the Mortgage Loan have been, in all respects legal and have met with customary industry standards for servicing of commercial loans for conduit loan programs.. Exh. C-18

Appears in 11 contracts

Samples: Mortgage Loan Purchase Agreement, Mortgage Loan Purchase Agreement (Bank 2019-Bnk21), Pooling and Servicing Agreement (Bank 2019-Bnk19)

Servicing. The servicing and collection practices used by the Mortgage Loan Seller with respect to the Mortgage Loan Loans have been, in all respects respects, legal and have met with customary industry standards for servicing of commercial loans for conduit loan programs.

Appears in 6 contracts

Samples: Mortgage Loan Purchase Agreement (Benchmark 2024-V5 Mortgage Trust), Mortgage Loan Purchase Agreement (Benchmark 2023-B38 Mortgage Trust), Mortgage Loan Purchase Agreement (FIVE 2023-V1 Mortgage Trust)

Servicing. The servicing and collection practices used by the Mortgage Loan Seller with respect to the Mortgage Loan have been, in all respects respects, legal and have met with customary industry standards for servicing of commercial loans for conduit loan programs.

Appears in 4 contracts

Samples: Mortgage Loan Purchase Agreement (COMM 2016-Cor1 Mortgage Trust), Mortgage Loan Purchase Agreement (COMM 2016-Cor1 Mortgage Trust), Mortgage Loan Purchase Agreement (CD 2016-Cd1 Mortgage Trust)

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Servicing. The servicing and collection practices used by the Mortgage Loan Seller with respect to and any servicer of the Mortgage Loan have been, been in all material respects legal legal, proper and prudent and have met with customary industry standards for servicing of commercial loans Purchased Loans for conduit loan programs.

Appears in 2 contracts

Samples: Bailee Agreement (Capital Trust Inc), Master Repurchase Agreement (Capital Trust Inc)

Servicing. The servicing and collection practices used by the Mortgage Loan Seller (or any servicer acting on its behalf) with respect to the Mortgage Loan have been, in all respects respects, legal and have met with customary industry standards for servicing of commercial loans for conduit loan programs.

Appears in 2 contracts

Samples: Mortgage Loan Purchase Agreement (Citigroup Commercial Mortgage Trust 2008-C7), Mortgage Loan Purchase Agreement (Citigroup Commercial Mortgage Trust 2008-C7)

Servicing. The servicing and collection practices used by the Mortgage Loan applicable Seller with respect to the Mortgage Loan have been, in all respects respects, legal and have met with customary industry standards in the relevant jurisdiction for servicing of commercial loans for conduit loan programs.

Appears in 1 contract

Samples: Master Repurchase Agreement (Starwood Credit Real Estate Income Trust)

Servicing. The servicing and collection practices used by the Mortgage Loan Seller Borrower with respect to the Mortgage Loan have been, in all respects respects, legal and have met with customary industry standards for servicing of commercial loans for conduit loan programsloans.

Appears in 1 contract

Samples: Security Agreement (Ares Commercial Real Estate Corp)

Servicing. The servicing and collection practices used by the Mortgage Loan Seller with respect to the Mortgage Purchased Loan have been, in all respects respects, legal and have met with customary industry standards for servicing of commercial loans for conduit loan programsprogram.

Appears in 1 contract

Samples: Master Repurchase Agreement (RAIT Financial Trust)

Servicing. The servicing and collection practices used by the Mortgage Loan Seller with respect to the Mortgage Loan have at all times been, in all respects respects, legal and have met with customary industry standards for servicing of commercial loans for conduit loan programs.

Appears in 1 contract

Samples: Master Repurchase Agreement (Colony NorthStar Credit Real Estate, Inc.)

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