Common use of Condemnation Clause in Contracts

Condemnation. As of the date of origination and to the Mortgage Loan Seller’s knowledge as of the Cut-off Date, there is no proceeding pending and, to the Mortgage Loan Seller’s knowledge as of the date of origination and as of the Cut-off Date, there is no proceeding threatened for the total or partial condemnation of such Mortgaged Property that would have a material adverse effect on the value, use or operation of the Mortgaged Property.

Appears in 830 contracts

Samples: Mortgage Loan Purchase Agreement (Wells Fargo Commercial Mortgage Trust 2016-C37), Mortgage Loan Purchase Agreement (WFRBS Commercial Mortgage Trust 2014-C21), Mortgage Loan Purchase Agreement (BBCMS Mortgage Trust 2024-5c25)

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Condemnation. As of the date of origination and to the Mortgage Loan Seller’s knowledge as of the Cut-off Date, there is no proceeding pending pending, and, to the Mortgage Loan Seller’s knowledge as of the date of origination and as of the Cut-off Date, there is no proceeding threatened threatened, for the total or partial condemnation of such Mortgaged Property that would have a material adverse effect on the value, use or operation of the Mortgaged Property.

Appears in 102 contracts

Samples: Mortgage Loan Purchase Agreement (CF 2019-Cf3 Mortgage Trust), Mortgage Loan Purchase Agreement (FIVE 2023-V1 Mortgage Trust), Mortgage Loan Purchase Agreement (COMM 2019-Gc44 Mortgage Trust)

Condemnation. As of the date of origination and to the Mortgage Loan Seller’s knowledge as of the Cut-off Date, there is no proceeding pending and, to the Mortgage Loan Seller’s knowledge as of the date of origination and as of the Cut-off Date, there is no proceeding threatened for the total or partial condemnation of such Mortgaged Property that would have a material adverse effect on the value, use or operation of the Mortgaged Property.. Exh. C-5

Appears in 25 contracts

Samples: Mortgage Loan Purchase Agreement (Bank 2019-Bnk20), Mortgage Loan Purchase Agreement (Wells Fargo Commercial Mortgage Trust 2016-C36), Purchase Agreement (Wells Fargo Commercial Mortgage Trust 2019-C53)

Condemnation. As of the date of origination and to the Mortgage Loan Seller’s knowledge as of the Cut-off Closing Date, there is no proceeding pending and, to the Mortgage Loan Seller’s knowledge as of the date of origination and as of the Cut-off Closing Date, there is no proceeding threatened for the total or partial condemnation of such Mortgaged Property that would have a material adverse effect on the value, use or operation of the Mortgaged Property.

Appears in 12 contracts

Samples: Mortgage Loan Purchase Agreement (WFRBS Commercial Mortgage Trust 2012-C7), Mortgage Loan Purchase Agreement (WFRBS Commercial Mortgage Trust 2012-C7), Mortgage Loan Purchase Agreement (WFRBS Commercial Mortgage Trust 2012-C7)

Condemnation. As of the date of origination and to the Mortgage Loan Seller’s knowledge as of the Cut-off Closing Date, there is no proceeding pending and, to the Mortgage Loan Seller’s knowledge as of the date of origination and as of the Cut-off Closing Date, there is no proceeding threatened for the total or partial condemnation of such Mortgaged Property that would have a material adverse effect on the value, use or operation of the Mortgaged Property.

Appears in 6 contracts

Samples: Purchase Agreement (Wells Fargo Commercial Mortgage Securities Inc), Mortgage Loan Purchase Agreement (Wells Fargo Commercial Mortgage Securities Inc), Mortgage Loan Purchase Agreement (Wells Fargo Commercial Mortgage Trust 2020-C56)

Condemnation. As of the date of origination and to the Mortgage Loan Seller’s knowledge as of the Cut-off Date, there is no proceeding pending pending, and, to the Mortgage Loan Seller’s knowledge as of the date of origination and as of the Cut-off Date, there is no proceeding threatened threatened, for the total or partial condemnation of such any Mortgaged Property that would have a material adverse effect on the value, use or operation of the such Mortgaged Property.

Appears in 6 contracts

Samples: Mortgage Loan Purchase Agreement (Benchmark 2021-B26 Mortgage Trust), Mortgage Loan Purchase Agreement (Benchmark 2020-B22 Mortgage Trust), Mortgage Loan Purchase Agreement (Benchmark 2022-B34 Mortgage Trust)

Condemnation. As of the date of origination of such Mortgage Loan and to the Mortgage Loan Seller’s knowledge as of the Cut-off Purchase Date, there is no proceeding pending and, to the Mortgage Loan Seller’s knowledge as of the date of origination of such Mortgage Loan and as of the Cut-off Purchase Date, there is no proceeding threatened for the total or partial condemnation of such Mortgaged Property that would have a material adverse effect on the value, use or operation of the Mortgaged Property.

Appears in 5 contracts

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

Condemnation. As of the date of origination of such Mortgage Loan and to the Mortgage Loan Seller’s knowledge Knowledge as of the Cut-off Purchase Date, there is no proceeding pending and, to the Mortgage Loan Seller’s knowledge Knowledge as of the date of origination of such Mortgage Loan and as of the Cut-off Purchase Date, there is no proceeding threatened for the total or partial condemnation of such Mortgaged Property that would have a material adverse effect on the value, use or operation of the Mortgaged Property.

Appears in 3 contracts

Samples: Master Repurchase Agreement (TPG RE Finance Trust, Inc.), Master Repurchase Agreement (Starwood Property Trust, Inc.), Master Repurchase Agreement (Blackstone Mortgage Trust, Inc.)

Condemnation. As of the date of origination of such Mortgage Loan and to the Mortgage Loan Seller’s knowledge knowledge, as of the Cut-off Purchase Date, there is no proceeding pending and, to the Mortgage Loan Seller’s knowledge as of the date of origination of such Mortgage Loan and as of the Cut-off Purchase Date, there is no proceeding threatened for the total or partial condemnation of such Mortgaged Property that would have a material adverse effect on the value, use or operation of the Mortgaged Property.

Appears in 2 contracts

Samples: Master Repurchase Agreement (Tremont Mortgage Trust), Master Repurchase Agreement (Colony Credit Real Estate, Inc.)

Condemnation. As of the date of origination and to the Mortgage Loan Seller’s knowledge as of the Cut-off Date, there is no proceeding pending pending, and, to the Mortgage Loan Seller’s knowledge as of the date of origination and as of the Cut-off Date, there is no proceeding threatened threatened, for the total or partial condemnation of such Mortgaged Property that would have a material adverse effect on the value, use or operation of the Mortgaged Property.

Appears in 2 contracts

Samples: Mortgage Loan Purchase Agreement (DBGS 2018-C1 Mortgage Trust), Mortgage Loan Purchase Agreement (DBGS 2018-C1 Mortgage Trust)

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Condemnation. As of the date of origination of such Mortgage Loan and to the Mortgage Loan Seller’s knowledge Knowledge, as of the Cut-off Purchase Date, there is no proceeding pending and, to the Mortgage Loan Seller’s knowledge Knowledge as of the date of origination of such Mortgage Loan and as of the Cut-off Purchase Date, there is no proceeding threatened for the total or partial condemnation of such Mortgaged Property that would have a material adverse effect on the value, use or operation of the Mortgaged Property.

Appears in 1 contract

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

Condemnation. As of the date of origination and to the Mortgage Loan Seller’s knowledge as of the Cut-off Closing Date, there is no proceeding pending pending, and, to the Mortgage Loan Seller’s knowledge as of the date of origination and as of the Cut-off Closing Date, there is no proceeding threatened threatened, for the total or partial condemnation of such Mortgaged Property that would have a material adverse effect on the value, use or operation of the Mortgaged Property.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (DBJPM 2016-C3 Mortgage Trust)

Condemnation. As of the date of origination and to the Mortgage Loan Seller’s knowledge as of the Cut-off Date, there is no proceeding pending and, to the Mortgage Loan Seller’s knowledge as of the date of origination and as of the Cut-off Date, there is no System.Object[] proceeding threatened for the total or partial condemnation of such Mortgaged Property that would have a material adverse effect on the value, use or operation of the Mortgaged Property.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Bank 2021-Bnk37)

Condemnation. As of the date of origination and to the Mortgage Loan Sellermortgage loan seller’s knowledge as of the Cut-off Date, there is no proceeding pending and, to the Mortgage Loan Sellermortgage loan seller’s knowledge as of the date of origination and as of the Cut-off Date, there is no proceeding threatened for the total or partial condemnation of such Mortgaged Property that would have a material adverse effect on the value, use or operation of the Mortgaged Property.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Wells Fargo Commercial Mortgage Securities Inc)

Condemnation. As of the date of origination and to the Mortgage Loan Seller’s knowledge as of the Cut-off Date, there is no proceeding pending and, to the Mortgage Loan Seller’s knowledge as of the date of origination and as of the Cut-off Date, there is no proceeding threatened for the total or partial condemnation of such Mortgaged Property that would have a material adverse effect on the value, use or operation of the Mortgaged Property. 15.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement

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