Common use of Permitted Withdrawals From the Loan Combination Custodial Account Clause in Contracts

Permitted Withdrawals From the Loan Combination Custodial Account. (a) The Master Servicer may make withdrawals from the Loan Combination Custodial Account for each Serviced Loan Combination only as described below (the order set forth below not constituting an order of priority for such withdrawals), subject to the application of Penalty Charges and Modification Fees in accordance with the related Co-Lender Agreement and Section 3.14 of this Agreement:

Appears in 122 contracts

Samples: Pooling and Servicing Agreement (Benchmark 2020-B16 Mortgage Trust), Pooling and Servicing Agreement (JPMCC Commercial Mortgage Securities Trust 2016-Jp3), Pooling and Servicing Agreement (Citigroup Commercial Mortgage Trust 2015-Gc29)

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Permitted Withdrawals From the Loan Combination Custodial Account. (a) The Master Servicer may make withdrawals from the Loan Combination Custodial Account for each Serviced Loan Combination only as described below (the order set forth below not constituting an order of priority for such withdrawals), subject to the application of Penalty Charges and Modification Fees in accordance with the related Co-Lender Agreement and Section 3.14 of this Agreement:):

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (RBS Commercial Funding Inc.), Pooling and Servicing Agreement (Barclays Commercial Mortgage Securities LLC), Pooling and Servicing Agreement (RBS Commercial Funding Inc.)

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Permitted Withdrawals From the Loan Combination Custodial Account. (a) The Master Servicer may may, from time to time, make withdrawals from the applicable Loan Combination Custodial Account Account, for each Serviced Loan Combination only as described below any of the following purposes (the order set forth below not constituting an order of priority for such withdrawals), subject to such amounts being allocated among the application of Penalty Charges and Modification Fees Loans in accordance with the Loan Combination as provided in the related Co-Lender Agreement and Section 3.14 of this Agreement:

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (COBALT CMBS Commercial Mortgage Trust 2007-C3), Pooling and Servicing Agreement (COBALT CMBS Commercial Mortgage Trust 2007-C2)

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