Common use of DUTIES OF OPERATING ADVISER Clause in Contracts

DUTIES OF OPERATING ADVISER. The Operating Adviser may advise, and receive notice from, the Special Servicer, but is not required to do so on any of the following actions:

Appears in 15 contracts

Samples: Pooling and Servicing Agreement (Morgan Stanley Dean Witter Capital I Inc), Pooling and Servicing Agreement (Morgan Stanley Capital I Inc Depositor for Ser 1999-Life1), Pooling and Servicing Agreement (Bear Stearns Commercial Mortgage Securities Inc)

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DUTIES OF OPERATING ADVISER. (a) The Operating Adviser may advise, and receive notice from, the Special Servicer, but is not required to do so on any of the following actions:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Bear Stearns Commercial Mortgage Securities Inc)

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