Berkadia definition
Examples of Berkadia in a sentence
Berkadia encourages the transfer of loan documents in electronic format.
Seller of Seller’s Servicer shall prepare and provide copies to Berkadia a listing of all Non Cash Investments and notification letters forwarded to Amended & Restated Master Subservicing Agreement Institutions holding existing non-cash investments five business days prior to transfer date.
Seller of Seller’s Servicer shall prepare and provide copies to Berkadia a listing of all Hard Lock Box accounts along with copies of notification letters forwarded to Institutions regarding existing hard lockboxes five business days prior to transfer date.
Seller or Seller’s Servicer shall prepare and provide copies to Berkadia of letters forwarded to tax authorities and insurance agents regarding the change of servicer five business days prior to transfer date.
Seller of Seller’s Servicer shall prepare and provide copies to Berkadia of letters informing Ground Lessor of transfer five business days prior to transfer date.
Telephone: Fax: Amended & Restated Master Subservicing Agreement Re: [TRUST] The undersigned a [title/officer] of Berkadia Commercial Mortgage, LLC, a Delaware limited liability company, as subservicer (the “Subservicer”) under that certain subservicing agreement dated and effective as of [_____________, 2012] (the “Subservicing Agreement”) between Subservicer and KeyCorp Real Estate Capital Markets, Inc.
This Certificate is issued pursuant to, and in accordance with, the terms of a Trust and Servicing Agreement, dated as of March 6, 2022 (the “Trust and Servicing Agreement”), by and among Citigroup Commercial Mortgage Securities Inc., as Depositor, Berkadia Commercial Mortgage LLC, as Servicer, Situs Holdings, LLC, as Special Servicer, Wilmington Trust, National Association, as Trustee, Computershare Trust Company, National Association, as Certificate 1 For Certificate sold in reliance on Rule 144A only.
This release is accepted by Berkadia and Lender pursuant to this Agreement and shall not be construed as an admission of liability on the part of either of them.
From and after the Lead Securitization Date, pursuant to this Agreement and the Lead Securitization Servicing Agreement, Berkadia Commercial Mortgage LLC will be appointed as the initial master servicer of the Trust Loan and the primary servicer of the Mortgage Loan and Situs, Inc.
Berkadia Commercial Mortgage LLC is hereby appointed by the Holders as the interim servicer of the Mortgage Loan.