Common use of Special Servicers Clause in Contracts

Special Servicers. A Special Servicer may be appointed by the Master Servicer or the Primary Servicer to service one or more Mortgage Loans or REO Properties, as and to the extent provided in the related Servicing Contract, and with compensation in accordance with that Servicing Contract. If the Primary Servicer appoints a Special Servicer as its Subservicer to service a Mortgage Loan or REO Property, the Primary Servicer will continue to be entitled to receive Servicing Fees with respect to the affected Mortgage Loan or REO Property, and will be obligated to compensate the Special Servicer as a Subservicer.‌

Special Servicers. A Special Servicer may be appointed by the Master Servicer or the Primary Servicer to service one or more Mortgage Loans or REO Properties, as and to to‌ the extent provided in the related Servicing Contract, and with compensation in accordance with that Servicing Contract. If the Primary Servicer appoints a Special Servicer as its Subservicer to service a Mortgage Loan or REO Property, the Primary Servicer will continue to be entitled to receive Servicing Fees with respect to the affected Mortgage Loan or REO Property, and will be obligated to compensate the Special Servicer as a Subservicer.‌Subservicer.

Special Servicers. A Special Servicer may be appointed by the Master Servicer or the Primary Servicer to service one or more Mortgage Loans or REO Properties, as and to the extent provided in the related Servicing Contract, and with compensation in accordance with that Servicing Contract. If the Primary Servicer appoints a Special Servicer as its Subservicer to service a Mortgage Loan or REO Property, the Primary Servicer will continue to be entitled to receive Servicing Fees with respect to the affected Mortgage Loan or REO Property, and will be obligated to compensate the Special Servicer as a Subservicer.‌Subservicer.