Common use of Notice of Breach of Representations and Warranties; Repurchase Request Clause in Contracts

Notice of Breach of Representations and Warranties; Repurchase Request. Following receipt of the applicable Loan Purchase Agreement, the Master Servicer shall provide a copy of the applicable Loan Purchase Agreement to the Sub-Servicer. The Sub-Servicer shall notify the Master Servicer in writing within five (5) Business Days after the Sub-Servicer (a) discovers or receives notice alleging a Document Defect or a Breach (without implying any duty of the Sub-Servicer to make, or to attempt to make, such a discovery), (b) receives a Repurchase Request, Repurchase Request Withdrawal, Repurchase or Repurchase Request Rejection, or (c) receives a Certificateholder Repurchase Request or a PSA Party Repurchase Request, in each case with respect to a Mortgage Loan. The Sub-Servicer shall also provide to the Master Servicer (a) a copy of any such Repurchase Request, Certificateholder Repurchase Request or PSA Party Repurchase Request received by the Sub-Servicer and (b) such other information in the possession of the Sub-Servicer requested by the Master Servicer as would permit the Master Servicer to comply with its obligations under Section 2.03 of the Pooling and Servicing Agreement.

Appears in 8 contracts

Samples: Sub Servicing Agreement (Citigroup Commercial Mortgage Trust 2017-P8), Sub Servicing Agreement (Citigroup Commercial Mortgage Trust 2017-P7), Sub Servicing Agreement (Citigroup Commercial Mortgage Trust 2016-P6)

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Notice of Breach of Representations and Warranties; Repurchase Request. Following receipt of the applicable Mortgage Loan Purchase Agreement, the Master Servicer shall provide a copy of the applicable Mortgage Loan Purchase Agreement to the Sub-Servicer. The Sub-Servicer shall notify the Master Servicer in writing within five (5) Business Days after the Sub-Servicer (a) discovers or receives notice alleging a Document Defect or a Breach (without implying any duty of the Sub-Servicer to make, or to attempt to make, such a discovery), (b) receives a Repurchase Request, Repurchase Request Withdrawal, Repurchase or Repurchase Request Rejection, or (c) receives a Certificateholder Repurchase Request or a PSA Party Repurchase Request, in each case with respect to a Mortgage Loan. The Sub-Servicer shall also provide to the Master Servicer (a) a copy of any such Repurchase Request, Certificateholder Repurchase Request or PSA Party Repurchase Request received by the Sub-Servicer and (b) such other information in the possession of the Sub-Servicer requested by the Master Servicer as would permit the Master Servicer to comply with its obligations under Section 2.03 of the Pooling and Servicing Agreement.

Appears in 2 contracts

Samples: Sub Servicing Agreement (CSAIL 2021-C20 Commercial Mortgage Trust), Sub Servicing Agreement (CD 2019-Cd8 Mortgage Trust)

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Notice of Breach of Representations and Warranties; Repurchase Request. Following receipt of the applicable Mortgage Loan Purchase Agreement, the Master Servicer shall provide a copy of the applicable Mortgage Loan Purchase Agreement to the Sub-Servicer. The Sub-Servicer shall notify the Master Servicer in writing within five (5) Business Days after the Sub-Servicer (a) discovers or receives notice alleging a Document Defect or a Breach (without implying any duty of the Sub-Servicer to make, or to attempt to make, such a discovery), (b) receives a Repurchase Request, Repurchase Request Withdrawal, Repurchase or Repurchase Request Rejection, or (c) receives a Certificateholder Repurchase Request or a PSA Party Repurchase Request, in each case with respect to a Mortgage Loan. The Sub-Servicer shall also provide to the Master Servicer (a) a copy of any such Repurchase Request, Certificateholder Repurchase Request or PSA Party Repurchase Request received by the Sub-Servicer and (b) such other information in the possession of the Sub-Servicer requested by the Master Servicer as would permit the Master Servicer to comply with its obligations under Section 2.03 of the Pooling and Servicing Agreement.

Appears in 1 contract

Samples: Sub Servicing Agreement (Citigroup Commercial Mortgage Trust 2017-P8)

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