Common use of Restricted Period Clause in Contracts

Restricted Period. Prior to the termination of the Restricted Period with respect to the issuance of the Certificates, transfers of interests in the Temporary Regulation S Global Certificate to U.S. persons (as defined in Regulation S) shall be limited to transfers made pursuant to the provisions of clause (e) above.

Appears in 286 contracts

Sources: Trust and Servicing Agreement (Wells Fargo Commercial Mortgage Trust 2026-5c9), Trust and Servicing Agreement (Benchmark 2026-V22 Mortgage Trust), Trust and Servicing Agreement (Bank5 2026-5yr21)

Restricted Period. Prior to the termination of the Restricted Period with respect to the issuance of the Certificates, transfers of interests in the Temporary Regulation S Global Book-Entry Certificate to U.S. persons (as defined in Regulation S) shall be limited to transfers made pursuant to the provisions of clause subsection (e) above.

Appears in 95 contracts

Sources: Pooling and Servicing Agreement (Wells Fargo Commercial Mortgage Trust 2026-C66), Pooling and Servicing Agreement (BMO 2026-C14 Mortgage Trust), Pooling and Servicing Agreement (Bank 2025-Bnk51)

Restricted Period. Prior to the termination of the Restricted Period with respect to the issuance of the Certificates, transfers Transfers of interests in the Temporary Regulation S Global Book-Entry Certificate to U.S. persons (as defined in Regulation S) shall be limited to transfers Transfers made pursuant to the provisions of clause subsection (e) above.

Appears in 44 contracts

Sources: Pooling and Servicing Agreement (Wells Fargo Commercial Mortgage Trust 2025-5c6), Pooling and Servicing Agreement (BBCMS Mortgage Trust 2025-5c37), Pooling and Servicing Agreement (Bank5 2025-5yr16)

Restricted Period. Prior to the termination of the Restricted Period with respect to the issuance of the Trust Certificates, transfers of interests in the Temporary Regulation S Global Certificate to U.S. persons (as defined in Regulation S) shall be limited to transfers made pursuant to the provisions of clause (e) above.

Appears in 15 contracts

Sources: Pooling and Servicing Agreement (BMO 2023-C7 Mortgage Trust), Pooling and Servicing Agreement (BMO 2025-5c12 Mortgage Trust), Pooling and Servicing Agreement (BMO 2025-5c12 Mortgage Trust)