Priority of Payments. (a) So long as no Event of Default has occurred and is continuing, any collections received in respect of the Mortgage Loan or the Mortgaged Property will be applied to the Notes in accordance with the Mortgage Loan Agreement and the Lead Securitization Servicing Agreement.
Appears in 27 contracts
Samples: Co Lender Agreement (Wells Fargo Commercial Mortgage Trust 2017-C39), Lender Agreement (Citigroup Commercial Mortgage Trust 2017-B1), Co Lender Agreement (UBS Commercial Mortgage Trust 2017-C4)
Priority of Payments. (a) So long as no Mortgage Loan Event of Default has occurred and is continuing, any collections received in respect of the Mortgage Loan or the Mortgaged Property will be applied to the Notes in accordance with the Mortgage Loan Agreement and the Lead Securitization Servicing Agreement.
Appears in 15 contracts
Samples: Co Lender Agreement (JPMCC Commercial Mortgage Securities Trust 2016-Jp2), Co Lender Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2016-C30), Co Lender Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2016-C30)
Priority of Payments. (a) So long as no Mortgage Event of Default has occurred and is continuing, any collections received in respect of the Mortgage Loan or the Mortgaged Property will be applied to the Notes in accordance with the Mortgage Loan Agreement and the Lead Securitization Servicing Agreement.
Appears in 1 contract
Samples: Co Lender Agreement (JPMDB Commercial Mortgage Securities Trust 2016-C2)
