CGMRC definition

CGMRC. Citigroup Global Markets Realty Corp., a New York corporation, and its successors in interest.

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CGMRC shall have the meaning assigned to such term in the preamble to this Agreement.

CGMRC means Citigroup Global Markets Realty Corp. and its successors in interest.

Examples of CGMRC in a sentence

• No resignation or removal of the Cap Trustee and no appointment of a successor Cap Trustee shall become effective until the appointment by CGMRC, as majority holder of the Class CE Certificates, or its designee, of a successor Cap Trustee.

• In the event of a resignation or removal of the Cap Trustee, CGMRC, as majority holder of the Class CE Certificates, or its designee, shall promptly appoint a successor Cap Trustee.

• The portion of the VRR Interest that CGMRC is so purchasing from the Depositor on the Closing Date and thereafter continuing to retain, as such portion of the VRR Interest may be exchanged pursuant to Section 5.13, is referred to in this Agreement as the “VRR1 Interest”.

• If the Lead Securitization Note Holder so requests, the CGMRC Entity holding the New Notes (and any subsequent holder of such Notes) shall execute a confirmation of the continuing applicability of this Agreement to the New Notes, as so modified.

• In connection with the foregoing (provided the conditions set forth in (i) through (iv) above are satisfied, with respect to (i) through (iv), as certified by the CGMRC Entity, on which certification the Master Servicer can rely), the Master Servicer is hereby authorized and directed to execute amendments to the Mortgage Loan Documents and this Agreement on behalf of any or all of the Note Holders, as applicable, solely for the purpose of reflecting such reallocation of principal.

• In the event the Cap Contract is terminated as a result of the designation by either party thereto of an Early Termination Date (as defined therein), CGMRC, as majority holder of the Class CE Certificates, or its designee, shall find a replacement counterparty to enter into a replacement cap contract.

• The Cap Trustee shall, at the direction of CGMRC, as majority holder of the Class CE Certificates, or its designee, enforce all of its rights and exercise any remedies under the Cap Contract.

• This Resizing Amendment shall become effective upon its having been duly executed by ▇▇▇▇▇ Fargo, as Master Servicer under the Lead Securitization Servicing Agreement on behalf of the Holders and acknowledged and accepted by CGMRC with respect to Sections 1 and 2 hereof.

• The portion of the VRR Interest that DBNY is so purchasing from CGMRC on the Closing Date, as such portion of the VRR Interest may be exchanged pursuant to Section 5.13, is referred to in this Agreement as the “VRR2 Interest”.

• On the Closing Date, pursuant to the VRR Interest Purchase Agreement, CGMRC is purchasing $22,556,995 of the VRR Interest for cash from the Depositor, NREC is purchasing $5,575,671 of the VRR Interest for cash from CGMRC, and PCC is purchasing $4,827,664 of the VRR Interest for cash from CGMRC, with CGMRC to retain the remaining $12,153,660 of the VRR Interest.

More Definitions of CGMRC

CGMRC means Citigroup Global Markets Realty Corp. and any successor thereto.

CGMRC shall have the meaning assigned thereto in the Preliminary Statement to this Agreement.

CGMRC. Citigroup Global Markets Realty Corp., in its capacity as a Mortgage Loan Seller, and its successors.

CGMRC pursuant to a Mortgage Loan Purchase Agreement, dated as of August 1, 2015 (the “CGMRC Mortgage Loan Purchase Agreement”), between the Company and CGMRC, (ii) ▇▇▇▇▇ Fargo pursuant to a Mortgage Loan Purchase Agreement, dated as of August 1, 2015 (the “WFBNA Mortgage Loan Purchase Agreement”), between the Company and ▇▇▇▇▇ Fargo, and (iii) Macquarie US Trading LLC d/b/a Principal Commercial Capital (“PCC” and, together with CGMRC and ▇▇▇▇▇ Fargo (in its capacity as loan seller), the “Mortgage Loan Sellers”) pursuant to a Mortgage Loan Purchase Agreement, dated as of August 1, 2015 (the “PCC Mortgage Loan Purchase Agreement”; the CGMRC Mortgage Loan Purchase Agreement, the WFBNA Mortgage Loan Purchase Agreement and the PCC Mortgage Loan Purchase Agreement, together, the “Mortgage Loan Purchase Agreements”), between the Company and PCC, in each case in exchange for immediately available funds. This Underwriting Agreement (this “Agreement”) is to confirm the arrangements with respect to your purchase of the Publicly Offered Certificates. Capitalized terms used but not defined herein shall have the meanings given to them in the Pooling and Servicing Agreement, as in effect on the Closing Date (as defined in Section 4(a) of this Agreement).

CGMRC shall have the meaning set forth in the introductory paragraph hereto.

CGMRC. As defined in the Introductory Statement hereto.