Common use of Custody of Mortgage Loan Documents Clause in Contracts

Custody of Mortgage Loan Documents. On and after the closing of the Lead Securitization, the originals of all of the Mortgage Loan Documents (other than the originals of the Non-Lead Securitization Notes) shall be held by the Trustee through a duly appointed custodian therefor, in accordance with the terms of the Lead Securitization Servicing Agreement, on behalf of the registered holders of the Notes; provided that if the First Securitization is not the Note A-1 Securitization, (i) the originals of all of the Mortgage Loan Documents (other than the Notes not being deposited into the First Securitization) shall be transferred to and held by the Trustee (of the First Securitization) through a duly appointed custodian therefor under the First Securitization, on behalf of the registered holders of the Notes, until the closing of the Note A-1 Securitization, on which date, the originals of all of the Mortgage Loan Documents (other than the Notes not being deposited into the Note A-1 Securitization) shall be transferred to and held in the name of the Trustee (by a duly appointed custodian therefor) under the Note A-1 PSA on behalf of the registered holders of the Notes; and (ii) all Mortgage Loan Documents (other than the Notes not being deposited into the Note A-1 Securitization) shall not be recorded or filed to reflect the name of the trustee under the Securitization Servicing Agreement for the First Securitization (except to the extent specifically provided for in the Securitization Servicing Agreement for the First Securitization).

Appears in 45 contracts

Samples: Agreement Between Note Holders (BMO 2024-5c4 Mortgage Trust), Agreement Between Note Holders (BMO 2023-C5 Mortgage Trust), Agreement Between Note Holders (Bank 2022-Bnk44)

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Custody of Mortgage Loan Documents. On and after the closing of Prior to the Lead SecuritizationSecuritization Date, the originals of all of the Mortgage Loan Documents (other than the Notes, which will be held by the respective Note Holders or their designated custodians) will be held by the Initial Agent (or a duly appointed interim servicer or custodian on its behalf) on behalf of the registered holders of the Notes. If the Lead Securitization is not also the Note A-1 Securitization, then on and after the Lead Securitization Date, the originals of all of the Non-Mortgage Loan Documents (other than any Notes not included in such Lead Securitization NotesSecuritization, which will be held by the respective Note Holders or their designated custodians) shall be held in the name of the trustee (and held by the Trustee through a duly appointed custodian therefor, in accordance with the terms of ) under the Lead Securitization Servicing Agreement, on behalf of the registered holders of the Notes; provided that if the First Securitization is not . On and after the Note A-1 Securitization, (i) the originals of all of the Mortgage Loan Documents (other than the Notes not being deposited into the First Securitization) shall be transferred to and held by the Trustee (of the First Securitization) through a duly appointed custodian therefor under the First Securitization, on behalf of the registered holders of the Notes, until the closing of the Note A-1 Securitization, on which dateSecuritization Date, the originals of all of the Mortgage Loan Documents (other than the any Notes not being deposited into included in the Note A-1 Securitization) shall be transferred to and held in the name of the Trustee trustee (and held by a duly appointed custodian therefor) under the Note A-1 PSA PSA, on behalf of the registered holders of the Notes; and (ii) all Mortgage Loan Documents (other than the Notes not being deposited into the Note A-1 Securitization) shall not be recorded or filed to reflect the name of the trustee under the Securitization Servicing Agreement for the First Securitization (except to the extent specifically provided for in the Securitization Servicing Agreement for the First Securitization).

Appears in 34 contracts

Samples: Agreement Between Note Holders (BMO 2024-5c4 Mortgage Trust), Agreement Between Note Holders (BMO 2024-5c4 Mortgage Trust), Agreement Between Note Holders (BBCMS 2023-C20)

Custody of Mortgage Loan Documents. Prior to the First Securitization, the originals of all of the Mortgage Loan Documents (other than the Notes) shall be held by the Initial Agent on behalf of the registered holders of the Notes. On and after the closing of the Lead Securitization, the originals of all of the Mortgage Loan Documents (other than the originals of the Non-Lead Securitization Notes) shall be held by the Trustee through a duly appointed custodian therefor, in accordance with the terms of the Lead Securitization Servicing Agreement, on behalf of the registered holders of the Notes; provided that if the First Securitization is not the Note A-1 Securitization, (i) the originals of all of the Mortgage Loan Documents (other than the Notes not Note being deposited into the First Securitization) shall be transferred to and held by the Trustee (of the First Securitization) through a duly appointed custodian therefor under the First Securitization, on behalf of the registered holders of the Notes, until the closing of the Note A-1 SecuritizationSecuritization Date, on which date, the originals of all of the Mortgage Loan Documents (other than the Notes not being deposited into the Note A-1 SecuritizationA-2) shall be transferred to and held in the name of the Trustee (by a duly appointed custodian therefor) under the Note A-1 PSA on behalf of the registered holders of the Notes; and (ii) all Mortgage Loan Documents (other than the Notes not being Note that is deposited into the Note A-1 First Securitization) shall not be recorded or filed to reflect the name of the trustee under the Securitization Servicing Agreement for the First Securitization (except to the extent specifically provided for in the Securitization Servicing Agreement for the First Securitization).

Appears in 29 contracts

Samples: Agreement Between Note Holders (CSAIL 2018-C14 Commercial Mortgage Trust), Agreement Between Note Holders (Bank 2022-Bnk43), Agreement Between Note Holders (Bank 2018-Bnk15)

Custody of Mortgage Loan Documents. Prior to the First Securitization, the originals of all of the Mortgage Loan Documents (other than the Notes) shall be held by the Initial Agent on behalf of the registered holders of the Notes. On and after the closing of the Lead Securitization, the originals of all of the Mortgage Loan Documents (other than the originals of the Non-Lead Securitization Notes) shall be held by the Trustee through a duly appointed custodian therefor, in accordance with the terms of the Lead Securitization Servicing Agreement, on behalf of the registered holders of the Notes; provided that if the First Securitization is not the Note A-1 Securitization, (i) the originals of all of the Mortgage Loan Documents (other than the Notes not Note being deposited into the First Securitization) shall be transferred to and held by the Trustee (of the First Securitization) through a duly appointed custodian therefor under the First Securitization, on behalf of the registered holders of the Notes, until the closing of the Note A-1 SecuritizationSecuritization Date, on which date, the originals of all of the Mortgage Loan Documents (other than the Notes not being deposited into the Note A-1 SecuritizationA-2 and Note A-3) shall be transferred to and held in the name of the Trustee (by a duly appointed custodian therefor) under the Note A-1 PSA on behalf of the registered holders of the Notes; and (ii) all Mortgage Loan Documents (other than the Notes not being Note that is deposited into the Note A-1 First Securitization) shall not be recorded or filed to reflect the name of the trustee under the Securitization Servicing Agreement for the First Securitization (except to the extent specifically provided for in the Securitization Servicing Agreement for the First Securitization).

Appears in 19 contracts

Samples: Agreement Between Note Holders (Wells Fargo Commercial Mortgage Trust 2019-C54), Agreement Between Note Holders (Bank 2021-Bnk34), Agreement Between Note Holders (Bank 2019-Bnk21)

Custody of Mortgage Loan Documents. On and after the closing of Prior to the Lead SecuritizationSecuritization Date, the originals of all of the Mortgage Loan Documents (other than the Notes, which will be held by the respective Note Holders or their designated custodians) will be held by the Initial Agent (or a duly appointed interim servicer or custodian on its behalf) on behalf of the registered holders of the Notes. If the Lead Securitization is not also the Note A-1-1 Securitization, then on and after the Lead Securitization Date, the originals of all of the Non-Mortgage Loan Documents (other than any Notes not included in such Lead Securitization NotesSecuritization, which will be held by the respective Note Holders or their designated custodians) shall be held in the name of the trustee (and held by the Trustee through a duly appointed custodian therefor, in accordance with the terms of ) under the Lead Securitization Servicing Agreement, on behalf of the registered holders of the Notes; provided that if the First Securitization is not . On and after the Note A-1 Securitization, (i) the originals of all of the Mortgage Loan Documents (other than the Notes not being deposited into the First Securitization) shall be transferred to and held by the Trustee (of the First Securitization) through a duly appointed custodian therefor under the First Securitization, on behalf of the registered holders of the Notes, until the closing of the Note A-1 Securitization, on which dateA-1-1 Securitization Date, the originals of all of the Mortgage Loan Documents (other than the any Notes not being deposited into included in the Note A-1 A-1-1 Securitization) shall be transferred to and held in the name of the Trustee trustee (and held by a duly appointed custodian therefor) under the Note A-1 PSA A-1-1 PSA, on behalf of the registered holders of the Notes; and (ii) all Mortgage Loan Documents (other than the Notes not being deposited into the Note A-1 Securitization) shall not be recorded or filed to reflect the name of the trustee under the Securitization Servicing Agreement for the First Securitization (except to the extent specifically provided for in the Securitization Servicing Agreement for the First Securitization).

Appears in 12 contracts

Samples: Agreement Between Note Holders (BMO 2024-5c4 Mortgage Trust), Agreement Between Note Holders (Benchmark 2023-B40 Mortgage Trust), Agreement Between Note Holders (MSWF Commercial Mortgage Trust 2023-2)

Custody of Mortgage Loan Documents. On and after the closing of the Lead Securitization, the originals of all of the Mortgage Loan Documents (other than the originals of the Non-Lead Securitization Notes) shall be held by the Trustee through a duly appointed custodian therefor, in accordance with the terms of the Lead Securitization Servicing Agreement, on behalf of the registered holders of the Notes; provided that if the First Securitization is not the Note A-1 Securitization, (i) the originals of all of the Mortgage Loan Documents (other than the Notes not being deposited into the First SecuritizationNote A-1) shall be transferred to and held by the Trustee (of the First Securitization) through a duly appointed custodian therefor under the First Securitization, on behalf of the registered holders of the Notes, until the closing of the Note A-1 Securitization, on which date, the originals of all of the Mortgage Loan Documents (other than the Notes not being deposited into the Note A-1 SecuritizationA-2) shall be transferred to and held in the name of the Trustee (by a duly appointed custodian therefor) under the Note A-1 PSA on behalf of the registered holders of the Notes; and (ii) all Mortgage Loan Documents (other than the Notes not being deposited into the Note A-1 SecuritizationA-2) shall not be recorded or filed to reflect the name of the trustee under the Securitization Servicing Agreement for the First Securitization (except to the extent specifically provided for in the Securitization Servicing Agreement for the First Securitization).

Appears in 10 contracts

Samples: Agreement Between Note Holders (Bank 2019-Bnk23), Agreement Between Note Holders (Bank 2019-Bnk22), Agreement Between Note Holders (UBS Commercial Mortgage Trust 2019-C18)

Custody of Mortgage Loan Documents. Prior to the Lead Securitization Date originals of all of the Mortgage Loan Documents (other than the Notes) will be held by the Initial Agent or a duly appointed custodian of the Initial Agent on behalf of the registered holders of the Notes. Each Note will be held by its respective Note Holder or a duly appointed custodian of such Note Holder. If the Lead Securitization is not also the Note A-1-1 Securitization, then on and after the Lead Securitization Date the originals of all of the Mortgage Loan Documents (other than Note A-1-1 and any other Notes not included in such Lead Securitization) shall be held in the name of the trustee (and held by a duly appointed custodian therefor) under the Lead Securitization Servicing Agreement on behalf of the registered holders of the Notes. On and after the closing date of the Lead Note A-1-1 Securitization, the originals of all of the Mortgage Loan Documents (other than Notes not included in the originals of the NonNote A-1-Lead Securitization Notes1 Securitization) shall be transferred to and held in the name of the trustee (and held by the Trustee through a duly appointed custodian therefor, in accordance with the terms of ) under the Lead Securitization Servicing Agreement, on behalf of the registered holders of the Notes; provided that if the First Securitization is not the Note A-1 Securitization, (i) the originals of all of the Mortgage Loan Documents (other than the Notes not being deposited into the First Securitization) shall be transferred to and held by the Trustee (of the First Securitization) through a duly appointed custodian therefor under the First Securitization, on behalf of the registered holders of the Notes, until the closing of the Note A-1 Securitization, on which date, the originals of all of the Mortgage Loan Documents (other than the Notes not being deposited into the Note A-1 Securitization) shall be transferred to and held in the name of the Trustee (by a duly appointed custodian therefor) under the Note A-1 PSA on behalf of the registered holders of the Notes; and (ii) all Mortgage Loan Documents (other than the Notes not being deposited into the Note A-1 Securitization) shall not be recorded or filed to reflect the name of the trustee under the Securitization Servicing Agreement for the First Securitization (except to the extent specifically provided for in the Securitization Servicing Agreement for the First Securitization).

Appears in 10 contracts

Samples: Agreement Between Note Holders (Bank 2017-Bnk9), Agreement Between Note Holders (Bank 2018-Bnk13), Agreement Between Note Holders (UBS Commercial Mortgage Trust 2018-C11)

Custody of Mortgage Loan Documents. On and after Prior to the closing of the Lead First Securitization, the originals of all of the Mortgage Loan Documents (other than except for the originals of the Non-Lead Securitization Notes) shall be held by a duly appointed custodian of the Trustee through Initial Agent on behalf of the registered holders of the Notes, and each of the Notes shall be held by its respective Noteholder or a duly appointed custodian of such Noteholder. If the First Securitization includes Note A-1, on and after the Securitization Date, the originals of all of the Mortgage Loan Documents (except for the Notes other than Note A-1 and any other Notes included in such First Securitization) shall be transferred to and held in the name of the trustee (and held by a duly appointed custodian therefor, in accordance with ) under the terms of the Lead Securitization Servicing Agreement, on behalf of the registered holders of the Notes; provided that if . If the First Securitization is does not include Note A-1, then (a) for the Note A-1 Securitization, (i) the originals of all of the Mortgage Loan Documents (other than the Notes not being deposited into the First Securitization) shall be transferred to and held by the Trustee (of the First Securitization) through a duly appointed custodian therefor under the First Securitization, on behalf of the registered holders of the Notes, until period beginning upon the closing of such First Securitization and ending upon the Note A-1 Securitization, on which dateSecuritization Date, the originals of all of the Mortgage Loan Documents (except for the Notes other than the Notes not being deposited into included in such First Securitization) shall be held in the name of the trustee (and held by a duly appointed custodian therefor) under the applicable First Securitization Note PSA, on behalf of the registered holders of the Notes; and (b) on and after the Securitization Date, the originals of all of the Mortgage Loan Documents (except for the Notes other than Note A-1 Securitizationand any other Notes included in the Lead Securitization closing on the Securitization Date) shall be transferred to and held in the name of the Trustee trustee (and held by a duly appointed custodian therefor) under the Note A-1 PSA Securitization Servicing Agreement, on behalf of the registered holders of the Notes; and (ii) all Mortgage Loan Documents (other than the Notes not being deposited into the Note A-1 Securitization) shall not be recorded or filed to reflect the name of the trustee under the Securitization Servicing Agreement for the First Securitization (except to the extent specifically provided for in the Securitization Servicing Agreement for the First Securitization).

Appears in 8 contracts

Samples: And Restated Agreement (Bank 2021-Bnk32), And Restated Agreement (Bank 2020-Bnk30), Agreement Between Noteholders (Bank 2021-Bnk32)

Custody of Mortgage Loan Documents. On and after Prior to the closing of the Lead SecuritizationSecuritization Date, the originals of all of the Mortgage Loan Documents (other than except for the originals of the Non-Lead Securitization Notes) shall will be held by the Trustee through a duly appointed custodian therefor, in accordance with the terms of the Lead Securitization Servicing Agreement, Initial Agent on behalf of the registered holders of the Notes; provided that if . Each of the Notes will be held by its respective Note Holder or a duly appointed custodian of such Note Holder. If the First Securitization is not also the Note A-1 Securitization, (i) the originals of all of the Mortgage Loan Documents (other than the Notes not being deposited into the First Securitization) shall be transferred to and held by the Trustee (of the First Securitization) through a duly appointed custodian therefor under the First A–1 Securitization, on behalf of and after the registered holders of the Notes, until the closing of the Note A-1 Securitization, on which dateSecuritization Date, the originals of all of the Mortgage Loan Documents (except for the Notes other than the Notes not being deposited into the Note A-1 SecuritizationA–1) shall be transferred to and held in the name of the Trustee trustee (and held by a duly appointed custodian therefor) under the Note A-1 PSA A–1 PSA, on behalf of the registered holders of the Notes. If the First Securitization is not also the Note A–1 Securitization, then (a) on and after the Securitization Date but prior to the Note A–1 Securitization Date, the originals of all of the Mortgage Loan Documents (except for the Notes other than the First Securitization Note) shall be held in the name of the trustee (and held by a duly appointed custodian therefor) under the applicable First Securitization Note PSA, on behalf of the registered holders of the Notes; and (iib) on and after the Note A–1 Securitization Date, the originals of all of the Mortgage Loan Documents (except for the Notes other than the Notes not being deposited into the Note A-1 SecuritizationA–1) shall not be recorded or filed transferred to reflect and held in the name of the trustee (and held by a duly appointed custodian therefor) under the Securitization Servicing Agreement for Note A–1 PSA, on behalf of the First Securitization (except to registered holders of the extent specifically provided for in the Securitization Servicing Agreement for the First Securitization)Notes.

Appears in 8 contracts

Samples: Agreement Between Note Holders (Morgan Stanley Bank of America Merrill Lynch Trust 2016-C32), Agreement Between Note Holders (Wells Fargo Commercial Mortgage Trust 2017-Rb1), Agreement Between Note Holders (BBCMS Mortgage Trust 2017-C1)

Custody of Mortgage Loan Documents. On and after the closing of the Lead Securitization, the originals of all of the Mortgage Loan Documents (other than the originals of the Non-Lead Securitization Notes) shall be held by the Trustee through a duly appointed custodian therefor, in accordance with the terms of the Lead Securitization Servicing Agreement, on behalf of the registered holders of the Notes; provided that if the First Securitization is not the Note A-1 Securitization, (i) the originals of all of the Mortgage Loan Documents (other than the Notes not being deposited into the First Securitization) shall be transferred to and held by the Trustee (of the First Securitization) through a duly appointed custodian therefor under the First Securitization, on behalf of the registered holders of the Notes, until the closing of the Note A-1 Securitization, on which date, the originals of all of the Mortgage Loan Documents (other than the Notes not being deposited into the Note A-1 Securitization) shall be transferred to and held in the name of the Trustee (by a duly appointed custodian therefor) under the Note A-1 PSA on behalf of the registered holders of the Notes; and (ii) all Mortgage Loan Documents (other than the Notes not being Note that is deposited into the Note A-1 First Securitization) shall not be recorded or filed to reflect the name of the trustee under the Securitization Servicing Agreement for the First Securitization (except to the extent specifically provided for in the Securitization Servicing Agreement for the First Securitization).

Appears in 8 contracts

Samples: Agreement Between Note Holders (Bank 2019-Bnk22), Agreement Between Note Holders (Benchmark 2019-B15 Mortgage Trust), Agreement Between Note Holders (Bank 2019-Bnk21)

Custody of Mortgage Loan Documents. Prior to the First Securitization, the originals of all of the Mortgage Loan Documents (other than the Notes) shall be held by the Initial Agent on behalf of the registered holders of the Notes. On and after the closing of the Lead Securitization, the originals of all of the Mortgage Loan Documents (other than the originals of the Non-Lead Securitization Notes) shall be held by the Trustee through a duly appointed custodian therefor, in accordance with the terms of the Lead Securitization Servicing Agreement, on behalf of the registered holders of the Notes; provided that if the First Securitization is not the Note A-1 Securitization, (i) the originals of all of the Mortgage Loan Documents (other than the Notes not Note being deposited into the First Securitization) shall be transferred to and held by the Trustee (of the First Securitization) through a duly appointed custodian therefor under the First Securitization, on behalf of the registered holders of the Notes, until the closing of the Note A-1 SecuritizationSecuritization Date, on which date, the originals of all of the Mortgage Loan Documents (other than the Notes not being deposited into the Note A-1 SecuritizationA-2, Note A-3 and Note A-4) shall be transferred to and held in the name of the Trustee (by a duly appointed custodian therefor) under the Note A-1 PSA on behalf of the registered holders of the Notes; and (ii) all Mortgage Loan Documents (other than the Notes not being Note that is deposited into the Note A-1 First Securitization) shall not be recorded or filed to reflect the name of the trustee under the Securitization Servicing Agreement for the First Securitization (except to the extent specifically provided for in the Securitization Servicing Agreement for the First Securitization).

Appears in 8 contracts

Samples: Agreement Among Note Holders (CSAIL 2019-C15 Commercial Mortgage Trust), Agreement Between Note Holders (Wells Fargo Commercial Mortgage Trust 2018-C48), Agreement Between Note Holders (CSAIL 2019-C15 Commercial Mortgage Trust)

Custody of Mortgage Loan Documents. On and after the closing of the Lead Securitization, the originals of all of the Mortgage Loan Documents (other than the originals of the Non-Lead Securitization Notes) shall be held by the Trustee through a duly appointed custodian therefor, in accordance with the terms of the Lead Securitization Servicing Agreement, on behalf of the registered holders of the Notes; provided that if the First Securitization is not the Note A-1 A-1(A-CP) Securitization, (i) the originals of all of the Mortgage Loan Documents (other than the Notes not Note being deposited into the First Securitization) shall be transferred to and held by the Trustee (of the First Securitization) through a duly appointed custodian therefor under the First Securitization, on behalf of the registered holders of the Notes, until the closing of the Note A-1 SecuritizationA-1(A-CP) Securitization Date, on which date, the originals of all of the Mortgage Loan Documents (other than the Notes not being deposited into included in the Note A-1 A-1(A-CP) Securitization) shall be transferred to and held in the name of the Trustee (by a duly appointed custodian therefor) under the Note A-1 A-1(A-CP) PSA on behalf of the registered holders of the Notes; and (ii) all Mortgage Loan Documents (other than the Notes not being Note that is deposited into the Note A-1 First Securitization) shall not be recorded or filed to reflect the name of the trustee under the Securitization Servicing Agreement for the First Securitization (except to the extent specifically provided for in the Securitization Servicing Agreement for the First Securitization).

Appears in 7 contracts

Samples: Co Lender Agreement (Wells Fargo Commercial Mortgage Trust 2017-C42), Co Lender Agreement (UBS Commercial Mortgage Trust 2017-C5), Co Lender Agreement (GS Mortgage Securities Trust 2017-Gs8)

Custody of Mortgage Loan Documents. On and after Prior to the closing of the Lead SecuritizationNote A-3 Securitization Date, the originals of all of the Mortgage Loan Documents (other than the originals of the Non-Lead Securitization NotesNote A-1, Note A-2 and Note A-4) shall will be held by the Trustee through a duly appointed custodian therefor, in accordance with the terms of the Lead Securitization Servicing Agreement, Initial Agent on behalf of the registered holders of the Notes; provided that if the First Securitization is not . On and after the Note A-1 Securitization, (i) the originals of all of the Mortgage Loan Documents (other than the Notes not being deposited into the First Securitization) shall be transferred to and held by the Trustee (of the First Securitization) through a duly appointed custodian therefor under the First Securitization, on behalf of the registered holders of the Notes, until the closing of the Note A-1 Securitization, on which dateA-3 Securitization Date, the originals of all of the Mortgage Loan Documents (other than Note A-1, Note A-2 and Note A-4) shall be held by a custodian appointed under the Notes not being deposited into Note A-3 PSA, on behalf of the registered holders of the Notes. On and after the Note A-1 Securitization Date, the originals of all of the Mortgage Loan Documents (other than (i) Note A-3, which shall be held by the Note A-3 Holder in the name of the Note A-3 Trustee (and held by a duly appointed custodian therefor) under the Note A-3 PSA; (ii) unless it is included in the Note A-1 Securitization or the Note A-3 Securitization, Note A-2, which shall be held by the Initial Note A-2 Holder (or a custodian or agent on its behalf) or, as applicable, in the name of the Note A-2 Trustee (and held by a duly appointed custodian therefor) under the Note A-2 PSA; and (iii) unless it is included in the Note A-1 Securitization or the Note A-3 Securitization, Note A-4, which shall be held by the Initial Note A-4 Holder (or a custodian or agent on its behalf) or, as applicable, in the name of the Note A-4 Trustee (and held by a duly appointed custodian therefor) under the Note A-4 PSA) shall be transferred to and held in the name of the Note A-1 Trustee (and held by a duly appointed custodian therefor) under the Note A-1 PSA PSA, on behalf of the registered holders of the Notes; and (ii) all Mortgage Loan Documents (other than the Notes not being deposited into the Note A-1 Securitization) shall not be recorded or filed to reflect the name of the trustee under the Securitization Servicing Agreement for the First Securitization (except to the extent specifically provided for in the Securitization Servicing Agreement for the First Securitization).

Appears in 7 contracts

Samples: Agreement Between Note Holders (Wells Fargo Commercial Mortgage Trust 2018-C43), Agreement Between Note Holders (CSAIL 2018-Cx11 Commercial Mortgage Trust), Agreement Between Note Holders (Wells Fargo Commercial Mortgage Trust 2017-C42)

Custody of Mortgage Loan Documents. On and after Prior to the closing of the Lead First Securitization, the originals of all of the Mortgage Loan Documents (other than the originals of the Non-Lead Securitization NotesNote X-0, Xxxx X-0, Note A-3, Note A-4 and Note A-5) shall will be held by the Trustee through Initial Agent on behalf of the registered holders of the Notes. If the First Securitization is also the Note A-1 Securitization, then on and after the Note A-1 Securitization Date, the originals of all of the Mortgage Loan Documents (other than Note X-0, Xxxx X-0, Xxxx X-0 and Note A-5) shall be transferred to and held in the name of the trustee (and held by a duly appointed custodian therefor) under the Note A-1 PSA, in accordance with the terms on behalf of the registered holders of the Notes; provided however, if the First Securitization is not also the Note A-1 Securitization, the originals of all of the Mortgage Loan Documents (other than any Note that was not included in such Lead Securitization) shall be transferred to and held in the name of the trustee (and held by a duly appointed custodian therefor) under such Lead Securitization Servicing Agreement, on behalf of the registered holders of the Notes; provided that if the First Securitization is not , until the Note A-1 Securitization, (i) the originals of all of the Mortgage Loan Documents (other than the Notes not being deposited into the First Securitization) shall be transferred to and held by the Trustee (of the First Securitization) through a duly appointed custodian therefor under the First Securitization, on behalf of the registered holders of the Notes, until the closing of the Note A-1 SecuritizationSecuritization Date, on which date, the originals of all of the Mortgage Loan Documents (other than the Notes any Note that was not being deposited into the Note A-1 included in such Lead Securitization) shall be transferred to and held in the name of the Trustee trustee (and held by a duly appointed custodian therefor) under the Note A-1 PSA on behalf of the registered holders of the Notes; and (ii) all Mortgage Loan Documents (other than the Notes not being deposited into the Note A-1 Securitization) shall not be recorded or filed to reflect the name of the trustee under the Securitization Servicing Agreement for the First Securitization (except to the extent specifically provided for in the Securitization Servicing Agreement for the First Securitization).

Appears in 6 contracts

Samples: Agreement Between Note Holders (Wells Fargo Commercial Mortgage Trust 2017-Rb1), Agreement Between Note Holders (UBS Commercial Mortgage Trust 2017-C5), Agreement Between Note Holders (UBS Commercial Mortgage Trust 2017-C1)

Custody of Mortgage Loan Documents. Prior to the Lead Securitization Date originals of all of the Mortgage Loan Documents (other than the Notes) will be held by the Initial Agent or a duly appointed custodian of the Initial Agent on behalf of the registered holders of the Notes. Each Note will be held by its respective Note Holder or a duly appointed custodian of such Note Holder. If the Lead Securitization is not also the Note A-1 Securitization, then on and after the Lead Securitization Date the originals of all of the Mortgage Loan Documents (other than Note A-1 and any other Notes not included in such Lead Securitization) shall be held in the name of the trustee (and held by a duly appointed custodian therefor) under the Lead Securitization Servicing Agreement on behalf of the registered holders of the Notes. On and after the closing date of the Lead Note A-1 Securitization, the originals of all of the Mortgage Loan Documents (other than the originals of the Non-Lead Securitization Notes) shall be held by the Trustee through a duly appointed custodian therefor, in accordance with the terms of the Lead Securitization Servicing Agreement, on behalf of the registered holders of the Notes; provided that if the First Securitization is not the Note A-1 Securitization, (i) the originals of all of the Mortgage Loan Documents (other than the Notes not being deposited into the First Securitization) shall be transferred to and held by the Trustee (of the First Securitization) through a duly appointed custodian therefor under the First Securitization, on behalf of the registered holders of the Notes, until the closing of the Note A-1 Securitization, on which date, the originals of all of the Mortgage Loan Documents (other than the Notes not being deposited into included in the Note A-1 Securitization) shall be transferred to and held in the name of the Trustee trustee (and held by a duly appointed custodian therefor) under the Note A-1 PSA Lead Securitization Servicing Agreement, on behalf of the registered holders of the Notes; and (ii) all Mortgage Loan Documents (other than the Notes not being deposited into the Note A-1 Securitization) shall not be recorded or filed to reflect the name of the trustee under the Securitization Servicing Agreement for the First Securitization (except to the extent specifically provided for in the Securitization Servicing Agreement for the First Securitization).

Appears in 6 contracts

Samples: Agreement Between Note Holders (Bank 2020-Bnk25), Agreement Between Note Holders (BMO 2023-C6 Mortgage Trust), Agreement Between Note Holders (BBCMS Mortgage Trust 2023-C22)

Custody of Mortgage Loan Documents. On and after the closing of the Lead Securitization, the originals of all of the Mortgage Loan Documents (other than the originals of the Non-Lead Securitization Notes) shall be held by the Trustee through a duly appointed custodian therefor, in accordance with the terms of the Lead Securitization Servicing Agreement, on behalf of the registered holders of the Notes; provided that if the First Securitization is not the Note A-1 Securitization, (i) the originals of all of the Mortgage Loan Documents (other than the Notes not being deposited into securitized in the First Securitization) shall be transferred to and held by the Trustee (of the First Securitization) through a duly appointed custodian therefor under the First Securitization, on behalf of the registered holders of the Notes, until the closing of the Note A-1 Securitization, on which date, the originals of all of the Mortgage Loan Documents (other than the Notes not being deposited into securitized in the Note A-1 Securitization) shall be transferred to and held in the name of the Trustee (by a duly appointed custodian therefor) under the Note A-1 PSA on behalf of the registered holders of the Notes; and (ii) all Mortgage Loan Documents (other than the Notes not being deposited into the Note A-1 Securitization) shall not be recorded or filed to reflect the name of the trustee under the Securitization Servicing Agreement for the First Securitization (except to the extent specifically provided for in the Securitization Servicing Agreement for the First Securitization).

Appears in 6 contracts

Samples: Agreement Between Note Holders (Bank 2020-Bnk29), Agreement Between Note Holders (Bank 2021-Bnk31), Agreement Between Note Holders (Bank 2020-Bnk30)

Custody of Mortgage Loan Documents. On and after the closing of the Lead Securitization, the originals of all of the Mortgage Loan Documents (other than the originals of the Non-Lead Securitization Notes) shall be held by the Trustee through a duly appointed custodian therefor, in accordance with the terms of the Lead Securitization Servicing Agreement, on behalf of the registered holders of the Notes; provided that if the First Securitization is not the Note A-1 A-3 Securitization, (i) the originals of all of the Mortgage Loan Documents (other than the Notes not Note being deposited into the First Securitization) shall be transferred to and held by the Trustee (of the First Securitization) through a duly appointed custodian therefor under the First Securitization, on behalf of the registered holders of the Notes, until the closing of the Note A-1 SecuritizationA-3 Securitization Date, on which date, the originals of all of the Mortgage Loan Documents (other than the Notes not being deposited into the Note A-1 Securitizationoriginal Notes) shall be transferred to and held in the name of the Trustee (by a duly appointed custodian therefor) under the Note A-1 A-3 PSA on behalf of the registered holders of the Notes; and (ii) all Mortgage Loan Documents (other than the Notes not being Note that is deposited into the Note A-1 First Securitization) shall not be recorded or filed to reflect the name of the trustee under the Securitization Servicing Agreement for the First Securitization (except to the extent specifically provided for in the Securitization Servicing Agreement for the First Securitization).

Appears in 5 contracts

Samples: Co Lender Agreement (Wells Fargo Commercial Mortgage Trust 2018-C43), Lender Agreement (BENCHMARK 2018-B2 Mortgage Trust), Lender Agreement (Bank 2018-Bnk12)

Custody of Mortgage Loan Documents. On and after Prior to the closing of the Lead First Securitization, the originals of all of the Mortgage Loan Documents (other than except for the originals of the Non-Lead Securitization Notes) shall be held by a duly appointed custodian of the Trustee through Initial Agent on behalf of the registered holders of the Notes, and each of the Notes shall be held by its respective Noteholder or a duly appointed custodian of such Noteholder. If the First Securitization includes Note A-2, on and after the Securitization Date, the originals of all of the Mortgage Loan Documents (except for the Notes other than Note A-2 and any other Notes included in such First Securitization) shall be transferred to and held in the name of the trustee (and held by a duly appointed custodian therefor, in accordance with ) under the terms of the Lead Securitization Servicing Agreement, on behalf of the registered holders of the Notes; provided that if . If the First Securitization is does not include Note A-2, then (a) for the Note A-1 Securitization, (i) the originals of all of the Mortgage Loan Documents (other than the Notes not being deposited into the First Securitization) shall be transferred to and held by the Trustee (of the First Securitization) through a duly appointed custodian therefor under the First Securitization, on behalf of the registered holders of the Notes, until period beginning upon the closing of such First Securitization and ending upon the Note A-1 Securitization, on which dateSecuritization Date, the originals of all of the Mortgage Loan Documents (except for the Notes other than the Notes not being deposited into included in such First Securitization) shall be held in the name of the trustee (and held by a duly appointed custodian therefor) under the applicable First Securitization Note A-1 SecuritizationPSA, on behalf of the registered holders of the Notes; and (b) on and after the Securitization Date, the originals of all of the Mortgage Loan Documents (except for the Notes other than Note A-2 and any other Notes included in the Lead Securitization closing on the Securitization Date) shall be transferred to and held in the name of the Trustee trustee (and held by a duly appointed custodian therefor) under the Note A-1 PSA Securitization Servicing Agreement, on behalf of the registered holders of the Notes; and (ii) all Mortgage Loan Documents (other than the Notes not being deposited into the Note A-1 Securitization) shall not be recorded or filed to reflect the name of the trustee under the Securitization Servicing Agreement for the First Securitization (except to the extent specifically provided for in the Securitization Servicing Agreement for the First Securitization).

Appears in 4 contracts

Samples: Agreement Between Noteholders (Bank 2021-Bnk36), Agreement Between Noteholders (Bank 2020-Bnk29), Agreement Between Noteholders (Bank 2021-Bnk31)

Custody of Mortgage Loan Documents. On and after the closing of the Lead Securitization, the originals of all of the Mortgage Loan Documents (other than the originals of the Non-Lead Securitization Notes) shall be held by the Trustee through a duly appointed custodian therefor, in accordance with the terms of the Lead Securitization Servicing Agreement, on behalf of the registered holders of the Notes; provided that if the First Securitization is not the Note A-1 Securitization, (i) the originals of all of the Mortgage Loan Documents (other than the Notes not Note being deposited into the First Securitization) shall be transferred to and held by the Trustee (of the First Securitization) through a duly appointed custodian therefor under the First Securitization, on behalf of the registered holders of the Notes, until the closing of the Note A-1 SecuritizationSecuritization Date, on which date, the originals of all of the Mortgage Loan Documents (other than the Notes not being deposited into the Note A-1 SecuritizationA-2) shall be transferred to and held in the name of the Trustee (by a duly appointed custodian therefor) under the Note A-1 PSA on behalf of the registered holders of the Notes; and (ii) all Mortgage Loan Documents (other than the Notes not being Note that is deposited into the Note A-1 First Securitization) shall not be recorded or filed to reflect the name of the trustee under the Securitization Servicing Agreement for the First Securitization (except to the extent specifically provided for in the Securitization Servicing Agreement for the First Securitization).

Appears in 3 contracts

Samples: Lender Agreement (UBS Commercial Mortgage Trust 2017-C5), Co Lender Agreement (Bank 2017-Bnk8), Co Lender Agreement (GS Mortgage Securities Trust 2017-Gs8)

Custody of Mortgage Loan Documents. On and after Prior to the closing of the Lead First Securitization, the originals of all of the Mortgage Loan Documents (other than the originals of the NonNote A-1-Lead Securitization Notes1, Note A-1-2, Note A-2 and Note A-3) shall will be held by the Trustee through Initial Agent on behalf of the registered holders of the Notes. If the First Securitization is also the Note A-1-1 Securitization, then on and after the Note A-1-1 Securitization Date, the originals of all of the Mortgage Loan Documents (other than Note A-1-2, Note A-2 and Note A-3) shall be transferred to and held in the name of the trustee (and held by a duly appointed custodian therefor) under the Note A-1-1 PSA, in accordance with the terms on behalf of the registered holders of the Notes; provided however, if the First Securitization is not also the Note A-1-1 Securitization, the originals of all of the Mortgage Loan Documents (other than any Note that was not included in such Lead Securitization) shall be transferred to and held in the name of the trustee (and held by a duly appointed custodian therefor) under such Lead Securitization Servicing Agreement, on behalf of the registered holders of the Notes; provided that if the First Securitization is not the Note A-1 Securitization, (i) the originals of all of the Mortgage Loan Documents (other than the Notes not being deposited into the First Securitization) shall be transferred to and held by the Trustee (of the First Securitization) through a duly appointed custodian therefor under the First Securitization, on behalf of the registered holders of the Notes, until the closing of the Note A-1 SecuritizationA-1-1 Securitization Date, on which date, the originals of all of the Mortgage Loan Documents (other than the Notes any Note that was not being deposited into the Note A-1 included in such Lead Securitization) shall be transferred to and held in the name of the Trustee trustee (and held by a duly appointed custodian therefor) under the Note A-1 A-1-1 PSA on behalf of the registered holders of the Notes; and (ii) all Mortgage Loan Documents (other than the Notes not being deposited into the Note A-1 Securitization) shall not be recorded or filed to reflect the name of the trustee under the Securitization Servicing Agreement for the First Securitization (except to the extent specifically provided for in the Securitization Servicing Agreement for the First Securitization).

Appears in 3 contracts

Samples: Agreement Between Note Holders (UBS Commercial Mortgage Trust 2017-C5), Agreement Between Note Holders (UBS Commercial Mortgage Trust 2017-C6), Agreement Between Note Holders (CCUBS Commercial Mortgage Trust 2017-C1)

Custody of Mortgage Loan Documents. On and after Prior to the closing date of the Lead First Securitization, the originals of all of the Mortgage Loan Documents (other than the Notes) will be held by the Initial Agent (or its designee) on behalf of the registered holders of the Notes. On and after the date of the First Securitization, the originals of all of the Mortgage Loan Documents (other than any Non-Lead Securitization NotesNote) shall be held by in the name of the Trustee through (and held by a duly appointed custodian therefor, in accordance with the terms of ) under the Lead Securitization Servicing Agreement, on behalf of the registered holders of the Notes; provided that if . On and after the First date of any subsequent Securitization, any Note included in the Securitization Trust related to such Securitization shall be held in the name of the trustee of the related Securitization Trust (and held by a duly appointed custodian therefor) under the related Securitization Servicing Agreement, on behalf of the related Note Holder. Notwithstanding the foregoing, in the event Note A-1 is not the Note A-1 Securitization, (i) the originals of all of the Mortgage Loan Documents (other than the Notes not being deposited into the First Securitization) shall be transferred , upon transfer of Note A-1 to and held by the Trustee (of the First Securitization) through a duly appointed custodian therefor under the First Securitization, on behalf of the registered holders of the Notes, until the closing of the Note A-1 Securitization, on which date, the originals of all of the Mortgage Loan Documents (other than the Notes not being deposited into the Note A-1 SecuritizationA-2 and any other Non-Lead Notes, if applicable) shall be transferred to and held in the name of the Trustee (and held by a duly appointed custodian therefor) under the Note A-1 PSA Lead Securitization Servicing Agreement, on behalf of the registered holders of the Notes; and (ii) all Mortgage Loan Documents (other than the Notes not being deposited into the Note A-1 Securitization) shall not be recorded or filed to reflect the name of the trustee under the Securitization Servicing Agreement for the First Securitization (except to the extent specifically provided for in the Securitization Servicing Agreement for the First Securitization).

Appears in 2 contracts

Samples: Agreement Between Note Holders (FIVE 2023-V1 Mortgage Trust), Agreement Between Note Holders (Bank5 2023-5yr1)

Custody of Mortgage Loan Documents. Prior to the First Securitization, the originals of all of the Mortgage Loan Documents (other than the Notes) shall be held by the Initial Agent on behalf of the registered holders of the Notes. On and after the closing of the Lead Securitization, the originals of all of the Mortgage Loan Documents (other than the originals of the Non-Lead Securitization Notes) shall be held by the Trustee through a duly appointed custodian therefor, in accordance with the terms of the Lead Securitization Servicing Agreement, on behalf of the registered holders of the Notes; provided that if the First Securitization is not the Note A-1 Securitization, (i) the originals of all of the Mortgage Loan Documents (other than the Notes not Note being deposited into the First Securitization) shall be transferred to and held by the Trustee (of the First Securitization) through a duly appointed custodian therefor under the First Securitization, on behalf of the registered holders of the Notes, until the closing of the Note A-1 SecuritizationSecuritization Date, on which date, the originals of all of the Mortgage Loan Documents (other than the Notes not being deposited into originals of the Note A-1 SecuritizationNon-Lead Securitization Notes) shall be transferred to and held in the name of the Trustee (by a duly appointed custodian therefor) under the Note A-1 PSA on behalf of the registered holders of the Notes; and (ii) all Mortgage Loan Documents (other than the Notes not being Note that is deposited into the Note A-1 First Securitization) shall not be recorded or filed to reflect the name of the trustee under the Securitization Servicing Agreement for the First Securitization (except to the extent specifically provided for in the Securitization Servicing Agreement for the First Securitization).

Appears in 2 contracts

Samples: Agreement Between Note Holders (CSAIL 2018-C14 Commercial Mortgage Trust), Agreement Between Note Holders (CSAIL 2019-C15 Commercial Mortgage Trust)

Custody of Mortgage Loan Documents. On and after the closing of the Lead Securitization, the originals of all of the Mortgage Loan Documents (other than the originals of the Non-Lead Securitization Notes) shall be held by the Trustee through a duly appointed custodian therefor, in accordance with the terms of the Lead Securitization Servicing Agreement, on behalf of the registered holders of the Notes; provided that if the First Securitization is not the Note A-1 A-2 Securitization, (i) the originals of all of the Mortgage Loan Documents (other than the Notes not being deposited into the First Securitization) shall be transferred to and held by the Trustee (of the First Securitization) through a duly appointed custodian therefor under the First Securitization, on behalf of the registered holders of the Notes, until the closing of the Note A-1 A-2 Securitization, on which date, the originals of all of the Mortgage Loan Documents (other than the Notes not being deposited into the Note A-1 A-2 Securitization) shall be transferred to and held in the name of the Trustee (by a duly appointed custodian therefor) under the Note A-1 A-2 PSA on behalf of the registered holders of the Notes; and (ii) all Mortgage Loan Documents (other than the Notes not being deposited into the Note A-1 A-2 Securitization) shall not be recorded or filed to reflect the name of the trustee under the Securitization Servicing Agreement for the First Securitization (except to the extent specifically provided for in the Securitization Servicing Agreement for the First Securitization).

Appears in 2 contracts

Samples: Agreement Between Note Holders (Bank 2022-Bnk42), Agreement Between Note Holders (Bank 2022-Bnk41)

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Custody of Mortgage Loan Documents. Prior to the First Securitization, the originals of all of the Mortgage Loan Documents (other than the Notes) shall be held by the Initial Agent on behalf of the registered holders of the Notes. On and after the closing of the Lead Securitization, the originals of all of the Mortgage Loan Documents (other than the originals of the Non-Lead Securitization Notes) shall be held by the Trustee through a duly appointed custodian therefor, in accordance with the terms of the Lead Securitization Servicing Agreement, on behalf of the registered holders of the Notes; provided that if the First Securitization is not the Note A-1 Securitization, (i) the originals of all of the Mortgage Loan Documents (other than the Notes not Note being deposited into the First Securitization) shall be transferred to and held by the Trustee (of the First Securitization) through a duly appointed custodian therefor under the First Securitization, on behalf of the registered holders of the Notes, until the closing of the Note A-1 Securitization, on which date, the originals of all of the Mortgage Loan Documents (other than the Notes not being deposited into the Note A-1 SecuritizationA-2) shall be transferred to and held in the name of the Trustee (by a duly appointed custodian therefor) under the Note A-1 PSA on behalf of the registered holders of the Notes; and (ii) all Mortgage Loan Documents (other than the Notes not being Note that is deposited into the Note A-1 First Securitization) shall not be recorded or filed to reflect the name of the trustee under the Securitization Servicing Agreement for the First Securitization (except to the extent specifically provided for in the Securitization Servicing Agreement for the First Securitization).

Appears in 2 contracts

Samples: Agreement Between Note Holders (Bank 2022-Bnk42), Agreement Between Note Holders (Bank 2022-Bnk44)

Custody of Mortgage Loan Documents. On and after Prior to the closing date of the Lead First Securitization, the originals of all of the Mortgage Loan Documents (other than the originals of the Non-Lead Securitization NotesNote A-1 and Note A-2) shall will be held by the Trustee through Initial Agent on behalf of the registered holders of the Notes. On and after the Note A-1 Securitization Date, the originals of all of the Mortgage Loan Documents (other than Note A-2) shall be transferred to and held in the name of the trustee (and held by a duly appointed custodian therefor, in accordance with ) under the terms of the Lead Securitization Servicing AgreementNote A-1 PSA, on behalf of the registered holders of the Notes; provided that however, if the First Securitization is not the Note A-1 Securitization, until the Note A-1 Securitization Date, (i) the originals of all of the Mortgage Loan Documents (other than the Notes not being deposited into the First SecuritizationNote A-1) shall be transferred to and held by in the Trustee (name of the First Securitization) through trustee (and held by a duly appointed custodian therefor therefor) under the First SecuritizationNote A-2 PSA, on behalf of the registered holders of the Notes, until the closing of the Note A-1 SecuritizationSecuritization Date, on which date, the originals of all of the Mortgage Loan Documents (other than the Notes not being deposited into the Note A-1 SecuritizationA-2) shall be transferred to and held in the name of the Trustee trustee (and held by a duly appointed custodian therefor) under the Note A-1 PSA on behalf of the registered holders of the Notes; and (ii) all the Mortgage Loan Documents (other than the Notes not being Note that is deposited into the Note A-1 First Securitization) shall not be recorded or filed to reflect the name of the trustee under the Securitization Servicing Agreement for the First Securitization (except to the extent specifically provided for in required under the Securitization Servicing Agreement for the First Securitization).

Appears in 2 contracts

Samples: Agreement Between Note Holders (CFCRE 2017-C8 Mortgage Trust), Agreement Between Note Holders (Wells Fargo Commercial Mortgage Trust 2017-Rb1)

Custody of Mortgage Loan Documents. Prior to the First Securitization, the originals of all of the Mortgage Loan Documents (other than the Notes) shall be held by the Initial Agent on behalf of the registered holders of the Notes. On and after the closing of the Lead Securitization, the originals of all of the Mortgage Loan Documents (other than the originals of the Non-Lead Securitization Notes) shall be held by the Trustee through a duly appointed custodian therefor, in accordance with the terms of the Lead Securitization Servicing Agreement, on behalf of the registered holders of the Notes; provided that if the First Securitization is not the Note A-1 A-2 Securitization, (i) the originals of all of the Mortgage Loan Documents (other than the Notes not Note being deposited into the First Securitization) shall be transferred to and held by the Trustee (of the First Securitization) through a duly appointed custodian therefor under the First Securitization, on behalf of the registered holders of the Notes, until the closing of the Note A-1 SecuritizationA-2 Securitization Date, on which date, the originals of all of the Mortgage Loan Documents (other than the Notes not being deposited into the Note A-1 SecuritizationA-1) shall be transferred to and held in the name of the Trustee (by a duly appointed custodian therefor) under the Note A-1 A-2 PSA on behalf of the registered holders of the Notes; and (ii) all Mortgage Loan Documents (other than the Notes not being Note that is deposited into the Note A-1 First Securitization) shall not be recorded or filed to reflect the name of the trustee under the Securitization Servicing Agreement for the First Securitization (except to the extent specifically provided for in the Securitization Servicing Agreement for the First Securitization).

Appears in 2 contracts

Samples: Agreement Between Note Holders (Bank 2018-Bnk12), Agreement Between Note Holders (Bank 2018-Bnk11)

Custody of Mortgage Loan Documents. Prior to the First Securitization, the originals of all of the Mortgage Loan Documents (other than the Notes) shall be held by the Initial Agent on behalf of the registered holders of the Notes. On and after the closing of the Lead Securitization, the originals of all of the Mortgage Loan Documents (other than the originals of the Non-Lead Securitization Notes) shall be held by the Trustee through a duly appointed custodian therefor, in accordance with the terms of the Lead Securitization Servicing Agreement, on behalf of the registered holders of the Notes; provided that if the First Securitization is not the Note A-1 Securitization, (i) the originals of all of the Mortgage Loan Documents (other than the Notes not Note being deposited into the First Securitization) shall be transferred to and held by the Trustee (of the First Securitization) through a duly appointed custodian therefor under the First Securitization, on behalf of the registered holders of the Notes, until the closing of the Note A-1 SecuritizationSecuritization Date, on which date, the originals of all of the Mortgage Loan Documents (other than the Notes not being Note A-2 and Note A-3 (unless also deposited into the Note A-1 Securitization)) shall be transferred to and held in the name of the Trustee (by a duly appointed custodian therefor) under the Note A-1 PSA on behalf of the registered holders of the Notes; and (ii) all Mortgage Loan Documents (other than the Notes not being Note that is deposited into the Note A-1 First Securitization) shall not be recorded or filed to reflect the name of the trustee under the Securitization Servicing Agreement for the First Securitization (except to the extent specifically provided for in the Securitization Servicing Agreement for the First Securitization).

Appears in 2 contracts

Samples: Agreement Between Note Holders (Wells Fargo Commercial Mortgage Trust 2018-C47), Agreement Between Note Holders (Wells Fargo Commercial Mortgage Trust 2018-C46)

Custody of Mortgage Loan Documents. On and after Prior to the closing of the Lead SecuritizationSecuritization Date, the originals of all of the Mortgage Loan Documents (other than except for the originals of the Non-Lead Securitization Notes) shall will be held by the Trustee through a duly appointed custodian therefor, in accordance with the terms of the Lead Securitization Servicing Agreement, Initial Agent on behalf of the registered holders of the Notes; provided that if . Each of the Notes will be held by its respective Note Holder or a duly appointed custodian of such Note Holder. If the First Securitization is not also the Note A-1 Securitization, (i) the originals of all of the Mortgage Loan Documents (other than the Notes not being deposited into the First Securitization) shall be transferred to and held by the Trustee (of the First Securitization) through a duly appointed custodian therefor under the First A–2 Securitization, on behalf of and after the registered holders of the Notes, until the closing of the Note A-1 Securitization, on which dateSecuritization Date, the originals of all of the Mortgage Loan Documents (except for the Notes other than the Notes not being deposited into the Note A-1 SecuritizationA–2) shall be transferred to and held in the name of the Trustee trustee (and held by a duly appointed custodian therefor) under the Note A-1 PSA A–2 PSA, on behalf of the registered holders of the Notes. If the First Securitization is not also the Note A–2 Securitization, then (a) on and after the Securitization Date but prior to the Note A–2 Securitization Date, the originals of all of the Mortgage Loan Documents (except for the Notes other than the First Securitization Note) shall be held in the name of the trustee (and held by a duly appointed custodian therefor) under the applicable First Securitization Note PSA, on behalf of the registered holders of the Notes; and (iib) on and after the Note A–2 Securitization Date, the originals of all of the Mortgage Loan Documents (except for the Notes other than the Notes not being deposited into the Note A-1 SecuritizationA–2) shall not be recorded or filed transferred to reflect and held in the name of the trustee (and held by a duly appointed custodian therefor) under the Securitization Servicing Agreement for Note A–2 PSA, on behalf of the First Securitization (except to registered holders of the extent specifically provided for in the Securitization Servicing Agreement for the First Securitization)Notes.

Appears in 2 contracts

Samples: Agreement Between Note Holders (Bank 2018-Bnk15), Agreement Between Note Holders (Bank 2018-Bnk14)

Custody of Mortgage Loan Documents. On and after Prior to the closing of the Lead SecuritizationSecuritization Date, the originals of all of the Mortgage Loan Documents (other than except for the originals of the Non-Lead Securitization Notes) shall will be held by the Trustee through a duly appointed custodian therefor, in accordance with the terms of the Lead Securitization Servicing Agreement, Initial Agent on behalf of the registered holders of the Notes; provided that if . Each of the Notes will be held by its respective Note Holder or a duly appointed custodian of such Note Holder. If the First Securitization is not also the Note A-1 Securitization, (i) the originals of all of the Mortgage Loan Documents (other than the Notes not being deposited into the First Securitization) shall be transferred to and held by the Trustee (of the First Securitization) through a duly appointed custodian therefor under the First A-2 Securitization, on behalf of and after the registered holders of the Notes, until the closing of the Note A-1 Securitization, on which dateSecuritization Date, the originals of all of the Mortgage Loan Documents (except for the Notes other than the Notes not being deposited into the Note A-1 SecuritizationA-2) shall be transferred to and held in the name of the Trustee trustee (and held by a duly appointed custodian therefor) under the Note A-1 PSA A-2 PSA, on behalf of the registered holders of the Notes. If the First Securitization is not also the Note A-2 Securitization, then (a) on and after the Securitization Date but prior to the Note A-2 Securitization Date, the originals of all of the Mortgage Loan Documents (except for the Notes other than the First Securitization Note) shall be held in the name of the trustee (and held by a duly appointed custodian therefor) under the applicable First Securitization Note PSA, on behalf of the registered holders of the Notes; and (iib) on and after the Note A-2 Securitization Date, the originals of all of the Mortgage Loan Documents (except for the Notes other than the Notes not being deposited into the Note A-1 SecuritizationA-2) shall not be recorded or filed transferred to reflect and held in the name of the trustee (and held by a duly appointed custodian therefor) under the Securitization Servicing Agreement for Note A-2 PSA, on behalf of the First Securitization (except to registered holders of the extent specifically provided for in the Securitization Servicing Agreement for the First Securitization)Notes.

Appears in 2 contracts

Samples: Version Agreement Between Note Holders (Bank 2019-Bnk16), Version Agreement Between Note Holders (Bank 2018-Bnk15)

Custody of Mortgage Loan Documents. Prior to the First Securitization, the originals of all of the Mortgage Loan Documents (other than the Notes) shall be held by the Initial Agent on behalf of the registered holders of the Notes. On and after the closing of the Lead Securitization, the originals of all of the Mortgage Loan Documents (other than the originals of the Non-Lead Securitization Notes) shall be held by in the name of the Trustee through (by a duly appointed custodian therefor), in accordance with the terms of the Lead Securitization Servicing Agreement, on behalf of the registered holders of the Notes; provided that if the First Securitization is not the Note A-1 Securitization, (i) the originals of all of the Mortgage Loan Documents (other than the Notes not Note being deposited into the First Securitization) shall be transferred to and held by in the name of the Non-Lead Trustee (of the First Securitization) through and held by a duly appointed custodian therefor therefor) under the First Securitization, on behalf of the registered holders of the Notes, until the closing of the Note A-1 SecuritizationSecuritization Date, on which date, the originals of all of the Mortgage Loan Documents (other than the Notes not being deposited into the Note A-1 SecuritizationA-2) shall be transferred to and held in the name of the Trustee (by a duly appointed custodian therefor) under the Note A-1 PSA on behalf of the registered holders of the Notes; and (ii) all Mortgage Loan Documents (other than the Notes not being Note that is deposited into the Note A-1 First Securitization) shall not be recorded or filed to reflect the name of the trustee under the Securitization Servicing Agreement for the First Securitization (except to the extent specifically provided for in the Securitization Servicing Agreement for the First Securitization).

Appears in 2 contracts

Samples: Agreement Between Note Holders (Bank 2017-Bnk6), Agreement Between Note Holders (UBS Commercial Mortgage Trust 2017-C1)

Custody of Mortgage Loan Documents. On and after the closing of the Lead Securitization, the originals of all of the Mortgage Loan Documents (other than the originals of the Non-Lead Securitization Notes) shall be held by the Trustee through a duly appointed custodian therefor, in accordance with the terms of the Lead Securitization Servicing Agreement, on behalf of the registered holders of the Notes; provided that if the First Securitization is not the Note A-1 A-1-1 Securitization, (i) the originals of all of the Mortgage Loan Documents (other than the Notes not being deposited into the First Securitization) shall be transferred to and held by the Trustee (of the First Securitization) through a duly appointed custodian therefor under the First Securitization, on behalf of the registered holders of the Notes, until the closing of the Note A-1 A-1-1 Securitization, on which date, the originals of all of the Mortgage Loan Documents (other than the Notes not being deposited into the Note A-1 A-1-1 Securitization) shall be transferred to and held in the name of the Trustee (by a duly appointed custodian therefor) under the Note A-1 A-1-1 PSA on behalf of the registered holders of the Notes; and (ii) all Mortgage Loan Documents (other than the Notes not being Note that is deposited into the Note A-1 First Securitization) shall not be recorded or filed to reflect the name of the trustee under the Securitization Servicing Agreement for the First Securitization (except to the extent specifically provided for in the Securitization Servicing Agreement for the First Securitization).

Appears in 2 contracts

Samples: Agreement Between Note Holders (Wells Fargo Commercial Mortgage Trust 2019-C53), Agreement Between Note Holders (UBS Commercial Mortgage Trust 2019-C17)

Custody of Mortgage Loan Documents. Prior to the First Securitization, the originals of all of the Mortgage Loan Documents (other than the Notes) shall be held by the Initial Agent on behalf of the registered holders of the Notes. On and after the closing of the Lead Securitization, the originals of all of the Mortgage Loan Documents (other than the originals of the Non-Lead Securitization Notes) shall be held by the Trustee through a duly appointed custodian therefor, in accordance with the terms of the Lead Securitization Servicing Agreement, on behalf of the registered holders of the Notes; provided that if the First Securitization is not the Note A-1 Securitization, (i) the originals of all of the Mortgage Loan Documents (other than the Notes not Note being deposited into the First Securitization) shall be transferred to and held by the Trustee (of the First Securitization) through a duly appointed custodian therefor under the First Securitization, on behalf of the registered holders of the Notes, until the closing of the Note A-1 Securitization, on which date, the originals of all of the Mortgage Loan Documents (other than the Notes not Note being deposited into the Note A-1 First Securitization) shall be transferred to and held in the name of the Trustee (by a duly appointed custodian therefor) under the Note A-1 PSA on behalf of the registered holders of the Notes; and (ii) all Mortgage Loan Documents (other than the Notes not being Note that is deposited into the Note A-1 First Securitization) shall not be recorded or filed to reflect the name of the trustee under the Securitization Servicing Agreement for the First Securitization (except to the extent specifically provided for in the Securitization Servicing Agreement for the First Securitization).

Appears in 2 contracts

Samples: Agreement (BBCMS Mortgage Trust 2023-C21), Agreement (3650R 2022-Pf2 Commercial Mortgage Trust)

Custody of Mortgage Loan Documents. Prior to the First Securitization, the originals of all of the Mortgage Loan Documents (other than the Notes) shall be held by the Initial Agent on behalf of the registered holders of the Notes. On and after the closing of the Lead Securitization, the originals of all of the Mortgage Loan Documents (other than the originals of the Non-Lead Securitization Notes) shall be held by in the name of the Trustee through (by a duly appointed custodian therefor), in accordance with the terms of the Lead Securitization Servicing Agreement, on behalf of the registered holders of the Notes; provided that if the First Securitization is not the Note A-1 Securitization, (i) the originals of all of the Mortgage Loan Documents (other than the Notes not Note being deposited into the First Securitization) shall be transferred to and held by in the Trustee (name of the First Securitization) through trustee (and held by a duly appointed custodian therefor therefor) under the First Securitization, on behalf of the registered holders of the Notes, until the closing of the Note A-1 SecuritizationSecuritization Date, on which date, the originals of all of the Mortgage Loan Documents (other than the Notes not being deposited into the Note A-1 SecuritizationA-2 and Note A-3) shall be transferred to and held in the name of the Trustee trustee (by a duly appointed custodian therefor) under the Note A-1 PSA on behalf of the registered holders of the Notes; and (ii) all Mortgage Loan Documents (other than the Notes not being Note that is deposited into the Note A-1 First Securitization) shall not be recorded or filed to reflect the name of the trustee under the Securitization Servicing Agreement for the First Securitization (except to the extent specifically provided for in the Securitization Servicing Agreement for the First Securitization).

Appears in 1 contract

Samples: Agreement Between Note Holders (Bank 2017-Bnk4)

Custody of Mortgage Loan Documents. Prior to the First Securitization, the originals of all of the Mortgage Loan Documents (other than the Notes) shall be held by the Initial Agent on behalf of the registered holders of the Notes. On and after the closing of the Lead Securitization, the originals of all of the Mortgage Loan Documents (other than the originals of the Non-Lead Securitization Notes) shall be held by the Trustee through a duly appointed custodian therefor, in accordance with the terms of the Lead Securitization Servicing Agreement, on behalf of the registered holders of the Notes; provided that if the First Securitization is not the Note A-1 Securitization, (i) the originals of all of the Mortgage Loan Documents (other than the Notes not Note being deposited into the First Securitization) shall be transferred to and held by the Trustee (of the First Securitization) through a duly appointed custodian therefor under the First Securitization, on behalf of the registered holders of the Notes, until the closing of the Note A-1 SecuritizationSecuritization Date, on which date, the originals of all of the Mortgage Loan Documents (other than the Notes not being Note A-2 (unless also deposited into the Note A-1 Securitization), Note A-3 and Note A-4) shall be transferred to and held in the name of the Trustee (by a duly appointed custodian therefor) under the Note A-1 PSA on behalf of the registered holders of the Notes; and (ii) all Mortgage Loan Documents (other than the Notes not being Note that is deposited into the Note A-1 First Securitization) shall not be recorded or filed to reflect the name of the trustee under the Securitization Servicing Agreement for the First Securitization (except to the extent specifically provided for in the Securitization Servicing Agreement for the First Securitization).

Appears in 1 contract

Samples: Agreement Between Note Holders (Bank 2018-Bnk12)

Custody of Mortgage Loan Documents. On and after Prior to the closing of the Lead First Securitization, the originals of all of the Mortgage Loan Documents (other than the originals of the Non-Lead Securitization NotesNote X-0, Xxxx X-0, Xxxx X-0 and Note A-4) shall will be held by the Trustee through Initial Agent on behalf of the registered holders of the Notes. If the First Securitization is also the Note A-2 Securitization, then on and after the Note A-2 Securitization Date, the originals of all of the Mortgage Loan Documents (other than Note A-1, Note A-3 and Note A-4) shall be transferred to and held in the name of the trustee (and held by a duly appointed custodian therefor) under the Note A-2 PSA, in accordance with the terms on behalf of the registered holders of the Notes; provided however, if the First Securitization is not also the Note A-2 Securitization, the originals of all of the Mortgage Loan Documents (other than any Note that was not included in such Lead Securitization) shall be transferred to and held in the name of the trustee (and held by a duly appointed custodian therefor) under such Lead Securitization Servicing Agreement, on behalf of the registered holders of the Notes; provided that if the First Securitization is not the Note A-1 Securitization, (i) the originals of all of the Mortgage Loan Documents (other than the Notes not being deposited into the First Securitization) shall be transferred to and held by the Trustee (of the First Securitization) through a duly appointed custodian therefor under the First Securitization, on behalf of the registered holders of the Notes, until the closing of the Note A-1 SecuritizationA-2 Securitization Date, on which date, the originals of all of the Mortgage Loan Documents (other than the Notes any Note that was not being deposited into the Note A-1 included in such Lead Securitization) shall be transferred to and held in the name of the Trustee trustee (and held by a duly appointed custodian therefor) under the Note A-1 A-2 PSA on behalf of the registered holders of the Notes; and (ii) all Mortgage Loan Documents (other than the Notes not being deposited into the Note A-1 Securitization) shall not be recorded or filed to reflect the name of the trustee under the Securitization Servicing Agreement for the First Securitization (except to the extent specifically provided for in the Securitization Servicing Agreement for the First Securitization).

Appears in 1 contract

Samples: Agreement Between Note Holders (UBS Commercial Mortgage Trust 2017-C1)

Custody of Mortgage Loan Documents. On and after the closing of the Lead Securitization, the originals of all of the Mortgage Loan Documents (other than the originals of the Non-Lead Securitization Notes) shall be held by the Trustee through a duly appointed custodian therefor, in accordance with the terms of the Lead Securitization Servicing Agreement, on behalf of the registered holders of the Notes; provided that if the First Securitization is not the Note A-1 A-1-1 Securitization, (i) the originals of all of the Mortgage Loan Documents (other than the Notes not being deposited into the First Securitization) shall be transferred to and held by the Trustee (of the First Securitization) through a duly appointed custodian therefor under the First Securitization, on behalf of the registered holders of the Notes, until the closing of the Note A-1 A-1-1 Securitization, on which date, the originals of all of the Mortgage Loan Documents (other than the Notes not being deposited into the Note A-1 A-1-1 Securitization) shall be transferred to and held in the name of the Trustee (by a duly appointed custodian therefor) under the Note A-1 A-1-1 PSA on behalf of the registered holders of the Notes; and (ii) all Mortgage Loan Documents (other than the Notes not being deposited into the Note A-1 A-1-1 Securitization) shall not be recorded or filed to reflect the name of the trustee under the Securitization Servicing Agreement for the First Securitization (except to the extent specifically provided for in the Securitization Servicing Agreement for the First Securitization).

Appears in 1 contract

Samples: Agreement Between Note Holders (Bank 2022-Bnk41)

Custody of Mortgage Loan Documents. On and after Prior to the closing of the Lead First Securitization, the originals of all of the Mortgage Loan Documents (other than the originals of the Non-Lead Securitization NotesNote A-0, Xxxx X-0, Xxxx X-0 and Note A-4) shall will be held by the Trustee through Initial Agent on behalf of the registered holders of the Notes. If the First Securitization is also the Note A-2 Securitization, then on and after the Note A-2 Securitization Date, the originals of all of the Mortgage Loan Documents (other than Note A-1, Note A-3 and Note A-4) shall be transferred to and held in the name of the trustee (and held by a duly appointed custodian therefor) under the Note A-2 PSA, in accordance with the terms on behalf of the registered holders of the Notes; provided however, if the First Securitization is not also the Note A-2 Securitization, the originals of all of the Mortgage Loan Documents (other than any Note that was not included in such Lead Securitization) shall be transferred to and held in the name of the trustee (and held by a duly appointed custodian therefor) under such Lead Securitization Servicing Agreement, on behalf of the registered holders of the Notes; provided that if the First Securitization is not the Note A-1 Securitization, (i) the originals of all of the Mortgage Loan Documents (other than the Notes not being deposited into the First Securitization) shall be transferred to and held by the Trustee (of the First Securitization) through a duly appointed custodian therefor under the First Securitization, on behalf of the registered holders of the Notes, until the closing of the Note A-1 SecuritizationA-2 Securitization Date, on which date, the originals of all of the Mortgage Loan Documents (other than the Notes any Note that was not being deposited into the Note A-1 included in such Lead Securitization) shall be transferred to and held in the name of the Trustee trustee (and held by a duly appointed custodian therefor) under the Note A-1 A-2 PSA on behalf of the registered holders of the Notes; and (ii) all Mortgage Loan Documents (other than the Notes not being deposited into the Note A-1 Securitization) shall not be recorded or filed to reflect the name of the trustee under the Securitization Servicing Agreement for the First Securitization (except to the extent specifically provided for in the Securitization Servicing Agreement for the First Securitization).

Appears in 1 contract

Samples: Agreement Between Note Holders (CFCRE 2017-C8 Mortgage Trust)

Custody of Mortgage Loan Documents. On and after Prior to the closing of the Lead First Securitization, the originals of all of the Mortgage Loan Documents (other than the originals of the Non-Lead Securitization NotesNote A-0, Xxxx X-0, Note A-3, Note A-4 and Note A-5) shall will be held by the Trustee through Initial Agent on behalf of the registered holders of the Notes. If the First Securitization is also the Note A-1 Securitization, then on and after the Note A-1 Securitization Date, the originals of all of the Mortgage Loan Documents (other than Note A-0, Xxxx X-0, Xxxx X-0 and Note A-5) shall be transferred to and held in the name of the trustee (and held by a duly appointed custodian therefor) under the Note A-1 PSA, in accordance with the terms on behalf of the registered holders of the Notes; provided however, if the First Securitization is not also the Note A-1 Securitization, the originals of all of the Mortgage Loan Documents (other than any Note that was not included in such Lead Securitization) shall be transferred to and held in the name of the trustee (and held by a duly appointed custodian therefor) under such Lead Securitization Servicing Agreement, on behalf of the registered holders of the Notes; provided that if the First Securitization is not , until the Note A-1 Securitization, (i) the originals of all of the Mortgage Loan Documents (other than the Notes not being deposited into the First Securitization) shall be transferred to and held by the Trustee (of the First Securitization) through a duly appointed custodian therefor under the First Securitization, on behalf of the registered holders of the Notes, until the closing of the Note A-1 SecuritizationSecuritization Date, on which date, the originals of all of the Mortgage Loan Documents (other than the Notes any Note that was not being deposited into the Note A-1 included in such Lead Securitization) shall be transferred to and held in the name of the Trustee trustee (and held by a duly appointed custodian therefor) under the Note A-1 PSA on behalf of the registered holders of the Notes; and (ii) all Mortgage Loan Documents (other than the Notes not being deposited into the Note A-1 Securitization) shall not be recorded or filed to reflect the name of the trustee under the Securitization Servicing Agreement for the First Securitization (except to the extent specifically provided for in the Securitization Servicing Agreement for the First Securitization).

Appears in 1 contract

Samples: Agreement Between Note Holders (CFCRE 2017-C8 Mortgage Trust)

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