Common use of Certain Matters Regarding Significant Obligors Clause in Contracts

Certain Matters Regarding Significant Obligors. (a) For purposes of this Agreement: (i) the borrower under Mortgage Loan No. 1 identified as 200 Xxxxxx Xxxxxx on the Mortgage Loan Schedule and (ii) the borrower under Mortgage Loan No. 2 identified as Arbor Place Mall on the Mortgage Loan Schedule is a significant obligor (each, a “Significant Obligor”), and, accordingly, Item 6 of Form 10-D and Item 1112(b) of Form 10-K, provide for the inclusion of updated net operating income of the related borrower as required by Item 1112(b) of Regulation AB, on each Form 10-D to be filed by the Trust with respect to a Distribution Date immediately following the date in which each financial statement of the applicable Significant Obligor is required to be delivered to the lender under the related Mortgage Loan documents (which, for the avoidance of doubt, is ninety (90) days following the end of each calendar year, and twenty (20) days following the end of each calendar quarter with respect to 200 Xxxxxx Xxxxxx, and ninety (90) days following the end of each calendar year, and forty-five (45) days following the end of each calendar quarter with respect to Arbor Place Mall as applicable, as set forth in the related loan agreement), or on each Form 10-K filed by the Trust, as applicable. With respect to each Significant Obligor, after receipt of the updated net operating income information, the Master Servicer shall update the following columns of the CREFC Loan Periodic Update File for (i) the next applicable Distribution Date if the Master Servicer receives such updated net operating income information at least ten (10) Business Days prior to the Determination Date related to such Distribution Date or (ii) the second succeeding Distribution Date if the Master Servicer does not receive such updated net operating income information at least ten (10) Business Days prior to the Determination Date related to such Distribution Date: BB, BP, BT and BU (corresponding fields 54, 68, 72 and 73).

Certain Matters Regarding Significant Obligors. (a) For purposes of this Agreement: (i) the borrower under Mortgage Loan No. 1 identified as 200 Xxxxxx Xxxxxx InterContinental Hotel Chicago on the Mortgage Loan Schedule and (ii) SunTrust Bank, in its capacity as tenant under the borrower under Mortgage Loan No. 2 identified as Arbor Place Mall on leases related to the Mortgage Loan Schedule SunTrust Bank Portfolio Loans is a significant obligor (each, a “Significant Obligor”), and, accordingly, Item 6 of Form 10-D and Item 1112(b) of Form 10-K, provide for the inclusion of updated net operating income of the related borrower or, with respect to SunTrust Bank, updated information under Item 301 of Regulation S-K, in each case as required by Item 1112(b) of Regulation AB, on each Form 10-D to be filed by the Trust with respect to a Distribution Date immediately following the date in which each financial statement of the applicable Significant Obligor is required to be delivered to the lender under the related Mortgage Loan documents (which, for the avoidance of doubt, is ninety (90) days following the end of each calendar year, and twenty (20) days following the end of each calendar quarter with respect to 200 Xxxxxx Xxxxxx, and ninety (90) days following the end of each calendar year, and forty-five (45) days following the end of each calendar quarter with respect to Arbor Place Mall quarter, as applicable, as set forth in the related loan agreement), or on each Form 10-K filed by the Trust, as applicable. With respect to each Significant ObligorObligor other than SunTrust Bank, after upon receipt of the updated net operating income information, the Master Servicer shall update the following columns of the CREFC Loan Periodic Update File for (i) the next applicable Distribution Date if the Master Servicer receives such updated net operating income information at least ten (10) Business Days prior to the Determination Date related to such Distribution Date quarterly or (ii) the second succeeding Distribution Date if the Master Servicer does not receive such updated net operating income information at least ten (10) Business Days prior to the Determination Date related to such annual Distribution Date: BB, BP, BT and BU (corresponding fields 54, 68, 72 and 73).