Repurchase Requests. If the Issuer, the Trustee or the Loan Obligation Manager receives or otherwise becomes aware of any request or demand whether oral or written that a Loan Obligation be repurchased or replaced arising from any breach of a representation or warranty made with respect to such Loan Obligation (any such request or demand, a “Repurchase Request”) or a withdrawal of a Repurchase Request from any Person other than the CLO Servicer, then the Trustee or the Loan Obligation Manager on behalf of the Issuer, as applicable, shall promptly forward or otherwise provide written notice of such Repurchase Request or withdrawal of a Repurchase Request, as the case may be, to the CLO Servicer, and include the following statement in the related correspondence: “This is a “[Repurchase Request]/[withdrawal of a Repurchase Request]” under Section 3.01(c) of the Servicing Agreement relating to Arbor Realty Collateralized Loan Obligation 2012-1, Ltd. requiring action by you as the “Repurchase Request Recipient” thereunder.” Upon receipt of such Repurchase Request or withdrawal of a Repurchase Request by the Trustee or Loan Obligation Manager pursuant to the prior sentence, the CLO Servicer shall be deemed to be the Repurchase Request Recipient in respect of such Repurchase Request or withdrawal of a Repurchase Request, as the case may be, and shall be responsible for complying with the procedures set forth in Section 3.01(c) of the Servicing Agreement with respect to such Repurchase Request. If the Trustee, the Issuer or the Loan Obligation Manager receives notice or has knowledge of a withdrawal of a Repurchase Request of which notice has been previously received or given, and such notice was not received from or copied to the CLO Servicer, then the Trustee or the Loan Obligation Manager on behalf of the Issuer, as applicable, shall promptly give notice of such withdrawal to the CLO Servicer.
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Sources: Indenture (Arbor Realty Trust Inc)
Repurchase Requests. If the Issuer, the Trustee Trustee, the Note Administrator, the Collateral Manager, the Servicer or the Loan Obligation Manager Special Servicer receives or otherwise becomes aware of any request or demand whether oral or written that a Loan Obligation Collateral Interest be repurchased or replaced substituted arising from any breach Material Breach of a representation or warranty made with respect to such Collateral Interest, any Material Document Defect or a Combined Loan Obligation Repurchase Event (any such request or demand, a “Repurchase Request”) or a withdrawal of a Repurchase Request from any Person other than the CLO Servicer or Special Servicer, then the Trustee or the Loan Obligation Collateral Manager (on behalf of the Issuer), the Trustee, the Note Administrator the Servicer or the Special Servicer, as applicable, shall promptly forward or otherwise provide written such notice of such Repurchase Request or withdrawal of a Repurchase Request, as the case may be, to the CLO ServicerServicer (if related to a Performing Loan) or Special Servicer (if related to a Specially Serviced Loan), and include the following statement in the related correspondence: “This is a “[Repurchase Request]/[withdrawal Request/withdrawal of a Repurchase Request]” under Section 3.01(c) 3.19 of the Servicing Agreement relating to Arbor Realty Collateralized Loan Obligation 2012TRTX 2025-1FL6 Issuer, Ltd. and TRTX 2025-FL6 Co-Issuer, LLC, requiring action by from you as the “Repurchase Request Recipient” thereunder.” Upon receipt of such Repurchase Request or withdrawal of a Repurchase Request by the Trustee Collateral Manager, the Servicer or Loan Obligation Manager Special Servicer pursuant to the prior sentence, the CLO Servicer or the Special Servicer, as applicable, shall be deemed to be the Repurchase Request Recipient in respect of such Repurchase Request or withdrawal of a Repurchase Request, as the case may be, and shall be responsible for complying with the procedures set forth in Section 3.01(c) 3.19 of the Servicing Agreement with respect to such Repurchase Request. If the Trustee, the Issuer or the Loan Obligation Manager receives notice or has knowledge of a withdrawal of a Repurchase Request of which notice has been previously received or given, and such notice was not received from or copied to the CLO Servicer, then the Trustee or the Loan Obligation Manager on behalf of the Issuer, as applicable, shall promptly give notice of such withdrawal to the CLO Servicer.
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Repurchase Requests. If the Issuer, the Trustee or the Loan Obligation Manager receives or otherwise becomes aware of any request or demand whether oral or written that a Loan Obligation be repurchased or replaced arising from any breach of a representation or warranty made with respect to such Loan Obligation (any such request or demand, a “Repurchase Request”) or a withdrawal of a Repurchase Request from any Person other than the CLO Servicer, then the Trustee or the Loan Obligation Manager on behalf of the Issuer, as applicable, shall promptly forward or otherwise provide written notice of such Repurchase Request or withdrawal of a Repurchase Request, as the case may be, to the CLO Servicer, and include the following statement in the related correspondence: “This is a “[Repurchase Request]/[withdrawal of a Repurchase Request]” under Section 3.01(c) of the Servicing Agreement relating to Arbor Realty Collateralized Loan Obligation 20122013-1, Ltd. requiring action by you as the “Repurchase Request Recipient” thereunder.” Upon receipt of such Repurchase Request or withdrawal of a Repurchase Request by the Trustee or Loan Obligation Manager pursuant to the prior sentence, the CLO Servicer shall be deemed to be the Repurchase Request Recipient in respect of such Repurchase Request or withdrawal of a Repurchase Request, as the case may be, and shall be responsible for complying with the procedures set forth in Section 3.01(c) of the Servicing Agreement with respect to such Repurchase Request. If the Trustee, the Issuer or the Loan Obligation Manager receives notice or has knowledge of a withdrawal of a Repurchase Request of which notice has been previously received or given, and such notice was not received from or copied to the CLO Servicer, then the Trustee or the Loan Obligation Manager on behalf of the Issuer, as applicable, shall promptly give notice of such withdrawal to the CLO Servicer.
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Sources: Indenture (Arbor Realty Trust Inc)
Repurchase Requests. If the Issuer, the Trustee Trustee, the Note Administrator, the Collateral Manager, the Servicer or the Loan Obligation Manager Special Servicer receives or otherwise becomes aware of any request or demand whether oral or written that a Loan Obligation Collateral Interest be repurchased or replaced arising from any breach Material Breach of a representation or warranty made with respect to such Loan Obligation Collateral Interest or any Material Document Defect (any such request or demand, a “Repurchase Request”) or a withdrawal of a Repurchase Request from any Person other than the CLO Servicer or Special Servicer, then the Trustee or the Loan Obligation Collateral Manager (on behalf of the Issuer), the Trustee or the Note Administrator, as applicable, shall promptly forward or otherwise provide written such notice of such Repurchase Request or withdrawal of a Repurchase Request, as the case may be, to the CLO Servicer (if related to a performing Commercial Real Estate Loan) or Special Servicer, and include the following statement in the related correspondence: “This is a “[Repurchase Request]/[withdrawal of a Repurchase Request]” under Section 3.01(c) 3.19 of the Servicing Agreement relating to Arbor Realty Collateralized Loan Obligation 2012LMNT CRE 2025-1FL3, Ltd. LLC, requiring action by from you as the “Repurchase Request Recipient” thereunder.” Upon receipt of such Repurchase Request or withdrawal of a Repurchase Request by the Trustee Collateral Manager, the Servicer or Loan Obligation Manager the Special Servicer pursuant to the prior sentence, the CLO Servicer or the Special Servicer, as applicable, shall be deemed to be the Repurchase Request Recipient in respect of such Repurchase Request or withdrawal of a Repurchase Request, as the case may be, and shall be responsible for complying with the procedures set forth in Section 3.01(c) 3.19 of the Servicing Agreement with respect to such Repurchase Request. If the Trustee, the Issuer or the Loan Obligation Manager receives notice or has knowledge of a withdrawal of a Repurchase Request of which notice has been previously received or given, and such notice was not received from or copied to the CLO Servicer, then the Trustee or the Loan Obligation Manager on behalf of the Issuer, as applicable, shall promptly give notice of such withdrawal to the CLO Servicer.
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Repurchase Requests. If the Issuer, the Trustee Trustee, the Note Administrator, the Collateral Manager, the Servicer or the Loan Obligation Manager Special Servicer receives or otherwise becomes aware of any request or demand whether oral or written that a Loan Obligation Collateral Interest be repurchased or replaced arising from any breach Material Breach of a representation or warranty made with respect to such Loan Obligation Collateral Interest or any Material Document Defect (any such request or demand, a “Repurchase Request”) or a withdrawal of a Repurchase Request from any Person other than the CLO Servicer or Special Servicer, then the Trustee or the Loan Obligation Collateral Manager (on behalf of the Issuer), the Trustee or the Note Administrator, as applicable, shall promptly forward or otherwise provide written such notice of such Repurchase Request or withdrawal of a Repurchase Request, as the case may be, to the CLO Servicer (if related to a Collateral Interest that is, or is related to, a Performing Mortgage Loan as defined in the Servicing Agreement) or Special Servicer, and include the following statement in the related correspondence: “This is a “[Repurchase Request]/[withdrawal of a Repurchase Request]” under Section 3.01(c) 3.19 of the Servicing Agreement relating to Arbor Realty Collateralized Loan Obligation 2012INCREF 2025-1FL1 LLC, Ltd. requiring action by from you as the “Repurchase Request Recipient” thereunder.” Upon receipt of such Repurchase Request or withdrawal of a Repurchase Request by the Trustee Collateral Manager, the Servicer or Loan Obligation Manager Special Servicer pursuant to the prior sentence, the CLO Servicer or the Special Servicer, as applicable, shall be deemed to be the Repurchase Request Recipient in respect of such Repurchase Request or withdrawal of a Repurchase Request, as the case may be, and shall be responsible for complying with the procedures set forth in Section 3.01(c) 3.19 of the Servicing Agreement with respect to such Repurchase Request. If the Trustee, the Issuer or the Loan Obligation Manager receives notice or has knowledge of a withdrawal of a Repurchase Request of which notice has been previously received or given, and such notice was not received from or copied to the CLO Servicer, then the Trustee or the Loan Obligation Manager on behalf of the Issuer, as applicable, shall promptly give notice of such withdrawal to the CLO Servicer.
Appears in 1 contract
Sources: Indenture (Invesco Commercial Real Estate Finance Trust, Inc.)