Common use of Sections 3 Clause in Contracts

Sections 3. 24(a) and (d). The Primary Servicer shall take no action with respect to any mezzanine loan and shall forward any notice or request received promptly to the Master Servicer. The Primary Servicer shall provide any reports and notices required under Section 3.24(a) and (d) of the Pooling and Servicing Agreement to the Serviced Companion Noteholders and shall copy the Master Servicer at xxxxxxxxx@xxxxxxxxxx.xxx or such other electronic delivery reasonably agreed to by the Master Servicer and Primary Servicer on any such reports or notices delivered to the Serviced Companion Noteholders. The Master Servicer, not the Primary Servicer, will deal directly with the Serviced Companion Noteholder in connection with consulting with or obtaining any necessary approval or consent from such Serviced Companion Noteholder; provided, however, that the Primary Servicer will reasonably cooperate with the Master Servicer in such consultation or obtaining such consent and shall provide to the Master Servicer information in the possession of the Primary Servicer reasonably requested by the Master Servicer to fulfill its obligations under Sections 3.24(a) and (d) of the Pooling and Servicing Agreement.

Appears in 2 contracts

Samples: Primary Servicing Agreement (BBCMS Mortgage Trust 2018-C2), Primary Servicing Agreement (UBS Commercial Mortgage Trust 2018-C14)

AutoNDA by SimpleDocs

Sections 3. 24(a) and (d). The Primary Servicer shall take no action with respect to any mezzanine loan and shall forward any notice or request received promptly to the Master Servicer. The Primary Servicer shall provide any reports and notices required under Section 3.24(a) and (d) of the Pooling and Servicing Agreement to the Serviced Companion Noteholders and shall copy the Master Servicer at xxxxxxxxx@xxxxxxxxxx.xxx or such other electronic delivery reasonably agreed to by the Master Servicer and Primary Servicer on any such reports or notices delivered to the Serviced Companion Noteholders. The Master Servicer, not the Primary Servicer, will deal directly with the Serviced Companion Noteholder Noteholders in connection with consulting with or obtaining any necessary approval or consent from such the Serviced Companion NoteholderNoteholders; provided, however, that the Primary Servicer will reasonably cooperate with the Master Servicer in such consultation or obtaining such consent and shall provide to the Master Servicer information in the possession of the Primary Servicer reasonably requested by the Master Servicer to fulfill its obligations under Sections 3.24(a) and (d) of the Pooling and Servicing Agreement.

Appears in 2 contracts

Samples: Primary Servicing Agreement (UBS Commercial Mortgage Trust 2018-C11), Primary Servicing Agreement (Morgan Stanley Capital I Trust 2018-H3)

AutoNDA by SimpleDocs

Sections 3. 24(a) and (d). The Primary Servicer shall take no action with respect to any mezzanine loan and shall forward any notice or request received promptly to the Master Servicer. The Primary Servicer shall provide any reports and notices required under Section 3.24(a) and (d) of the Pooling and Servicing Agreement to the Serviced Companion Noteholders and shall copy the Master Servicer at xxxxxxxxx@xxxxxxxxxx.xxx or such other electronic delivery reasonably agreed to by the Master Servicer and Primary Servicer on any such reports or notices delivered to the Serviced Companion Noteholders. The Master Servicer, not the Primary Servicer, will deal directly with the Serviced Companion Noteholder Noteholders in connection with consulting with or obtaining any necessary approval or consent from such the Serviced Companion NoteholderNoteholders; provided, however, that the Primary Servicer will reasonably cooperate with the Master Servicer in such consultation or obtaining such consent and shall provide to the Master Servicer information in the possession of the Primary Servicer reasonably requested by the Master Servicer to fulfill its obligations under Sections 3.24(a) and (d) of the Pooling and Servicing Agreement.

Appears in 2 contracts

Samples: Primary Servicing Agreement (Morgan Stanley Capital I Trust 2019-L3), Primary Servicing Agreement (CF 2019-Cf3 Mortgage Trust)

Time is Money Join Law Insider Premium to draft better contracts faster.