Common use of Sections 1 Clause in Contracts

Sections 1. 03 and 1.04. The determination as to the application of amounts collected in respect of any Mortgage Loan, in the absence of express provisions in the related Mortgage Loan Documents or to the extent that such terms authorize the lender to use its discretion, shall be made by the Master Servicer.

Appears in 26 contracts

Samples: Primary Servicing Agreement (WFRBS Commercial Mortgage Trust 2014-C24), Primary Servicing Agreement (WFRBS Commercial Mortgage Trust 2013-C15), Primary Servicing Agreement (WFRBS Commercial Mortgage Trust 2013-C16)

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Sections 1. 03 and 1.04. The determination as to the application of amounts collected in respect of any Mortgage Loan or the Serviced Pari Passu Companion Loan, in the absence of express provisions in the related Mortgage Loan Documents or to the extent that such terms authorize the lender to use its discretion, shall be made by the Master Servicer.

Appears in 2 contracts

Samples: Primary Servicing Agreement (Wells Fargo Commercial Mortgage Trust 2014-Lc18), Primary Servicing Agreement (Wells Fargo Commercial Mortgage Trust 2014-Lc18)

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