Outside Servicing Agreement definition

Outside Servicing Agreement. With respect to an Outside Serviced Mortgage Loan or the related Outside Serviced Loan Combination, the pooling and servicing agreement, trust and servicing agreement or other comparable agreement governing the creation of an Outside Securitization Trust that includes a related Outside Serviced Companion Loan, the issuance of securities backed by the assets of such Outside Securitization Trust and the servicing of such Outside Serviced Mortgage Loan, such Outside Serviced Loan Combination and the related Outside Serviced Companion Loan(s), or any successor servicing agreement with respect to such Outside Serviced Mortgage Loan, such Outside Serviced Loan Combination and the related Outside Serviced Companion Loan(s) contemplated by the related Co-Lender Agreement. The only Outside Servicing Agreements related to the Trust as of the Closing Date are identified in the Loan Combination Table under the column heading “Outside Servicing Agreement.” With respect to each Servicing Shift Mortgage Loan and the related Servicing Shift Loan Combination, on or after the related Servicing Shift Date, the related Servicing Shift Mortgage Loan Pooling and Servicing Agreement shall be an Outside Servicing Agreement.
Outside Servicing Agreement. With respect to an Outside Serviced Mortgage Loan or the related Outside Serviced Loan Combination, the pooling and servicing agreement or other comparable agreement governing the creation of an Outside Securitization Trust that includes a related Outside Serviced Companion Loan, the issuance of securities backed by the assets of such Outside Securitization Trust and the servicing of such Outside Serviced Mortgage Loan, such Outside Serviced Loan Combination and the related Outside Serviced Companion Loan(s), or any successor servicing agreement with respect to such Outside Serviced Mortgage Loan, such Outside Serviced Loan Combination and the related Outside Serviced Companion Loan(s) contemplated by the related Co-Lender Agreement. The only Outside Servicing Agreements related to the Trust as of the Closing Date are (i) the CD 2016-CD2 Pooling and Servicing Agreement, pursuant to which the 229 West 43rd Street Retail Condo Mortgage Loan and the 8 Times Square & 1460 Broadway Mortgage Loan (each of which is an Outside Serviced Mortgage Loan) are being serviced; (ii) the DBWF 2016-85T Pooling and Servicing Agreement, pursuant to which the 85 Tenth Avenue Mortgage Loan (which is an Outside Serviced Mortgage Loan) is being serviced; (iii) the COMM 2015-CCRE26 Pooling and Servicing Agreement, pursuant to which the Prudential Plaza Mortgage Loan (which is an Outside Serviced Mortgage Loan) is being serviced; (iv) the Hilton USA Trust 2016-HHV Trust and Servicing Agreement, pursuant to which the Hilton Hawaiian Village Waikiki Beach Resort (which is an Outside Serviced Mortgage Loan) is being serviced; (v) the MSC 2016-UBS12 Pooling and Servicing Agreement, pursuant to which the 681 Fifth Avenue Mortgage Loan (which is an Outside Serviced Mortgage Loan) is being serviced; and (vi) the WFCM 2016-LC25 Pooling and Servicing Agreement, pursuant to which the Marriott Hilton Head Resort & Spa Mortgage Loan (which is an Outside Serviced Mortgage Loan) is being serviced. With respect to each Servicing Shift Mortgage Loan and the related Servicing Shift Loan Combination, on or after the related Servicing Shift Controlling Pari Passu Companion Loan Securitization Date, the related Servicing Shift Mortgage Loan Pooling and Servicing Agreement shall be an Outside Servicing Agreement.
Outside Servicing Agreement means a servicing agreement (other than a Sub-Servicing Agreement or an agreement whereby any Person acts as agent, sub-contractor or vendor on behalf of the Master Servicer, the Special Servicer or the Trustee) that governs most material servicing functions with respect to any Trust Mortgage Loan or related REO Property. The only Outside Servicing Agreement is the 888 Seventh Avenue Servicing Agreement.

Examples of Outside Servicing Agreement in a sentence

  • With respect to each Outside Serviced Mortgage Loan serviced under an Outside Servicing Agreement, the Certificate Administrator shall use commercially reasonable efforts to procure, and upon receipt deliver to the Certifying Person, a Sarbanes-Oxley back-up certification similar in form and substance to the certifications referenced in the preceding sentence, from the related Outside Servicer, the related Outside Special Servicer, the related Outside Paying Agent and the related Outside Trustee.

  • Such assignment of any Outside Serviced Mortgage Loan is further subject to the terms and conditions of the applicable Outside Servicing Agreement and the related Co-Lender Agreement.


More Definitions of Outside Servicing Agreement

Outside Servicing Agreement means, in the case of the Meriden Mall Trust Mortgage Loan (or any successor REO Trust Mortgage Loan with respect thereto), the Meriden Mall Servicing Agreement and, in the case of the Grace Building Trust Mortgage Loan (or any successor REO Trust Mortgage Loan with respect thereto), the Grace Building Servicing Agreement.
Outside Servicing Agreement means: (i) in the case of the ________________ Trust Mortgage Loan (or any successor REO Trust Mortgage Loan with respect thereto), the ________________ Servicing Agreement; (ii) in the case of the ________________ Trust Mortgage Loan (or any successor REO Trust Mortgage Loan with respect thereto), the ________________ Servicing Agreement; and (iii) in the case of the ____________________ Trust Mortgage Loan (or any successor REO Trust Mortgage Loan with respect thereto), the ____________________ Servicing Agreement.
Outside Servicing Agreement. A servicing agreement (other than this Agreement, a Sub-Servicing Agreement or an agreement whereby any Person acts as agent, sub-contractor or vendor on behalf of a Master Servicer, the Special Servicer or the Trustee) that governs most material servicing functions with respect to any Trust Mortgage Loan or related REO Property. With respect to the Farallon Portfolio Trust Mortgage Loan, the term "Outside Servicing Agreement" refers to that certain Pooling and Servicing Agreement, dated as of August 1, 2007, between Merrill Lynch Mortgage Investors, Inc., as depositor, KeyCorp Real Estate Capital Markets, Inc. as master servicer no. 1, Wells Fargo Bank, National Association as master servicer no. 2, Midland as special servicer (although LNR Partners Inc. subsequently became the special servicer with respect to the Farallon Portfolio Loan Combination), and LaSalle Bank as trustee and custodian, or any successor agreement thereto as contemplated by the related Loan Combination Co-Lender Agreement. With respect to the Arundel Mills Trust Mortgage Loan, the term "Outside Servicing Agreement" refers to that certain Pooling and Servicing Agreement, dated as of November 1, 2007, between Banc of America Commercial Mortgage Inc., as depositor, Bank of America as master servicer, Midland as special servicer and Wells Fargo Bank, N.A. as trustee and REMIC administrator, or any successor agreement thereto as contemplated by the related Loan Combination Co-Lender Agreement. For purposes of this Agreement and with respect to the Apple Hotel Portfolio Trust Mortgage Loan, the term "Outside Servicing Agreement" refers to that certain Pooling and Servicing Agreement, dated as of February 1, 2008, between Morgan Stanley Capital I Inc., as depositor, Wells Fargo Bank, National Association, as master servicer, Centerline Servicing Inc., as special servicer, and LaSalle Bank as trustee and custodian, or any successor agreement thereto as contemplated by the related Loan Combination Co-Lender Agreement.
Outside Servicing Agreement. The Ala Moana Portfolio Outside Servicing Agreement, the DB AmeriCold Portfolio Outside Servicing Agreement, the Mall of America Outside Servicing Agreement or the JQH Hotel Portfolio Outside Servicing Agreement, as applicable.
Outside Servicing Agreement means, in the case of the One Lincoln Street Trust Mortgage Loan (or any successor REO Trust Mortgage Loan with respect thereto), the One Lincoln Street Servicing Agreement and, in the case of the World Apparel Center Trust Mortgage Loan (or any successor REO Trust Mortgage Loan with respect thereto), the World Apparel Center Servicing Agreement.
Outside Servicing Agreement. As defined in the Preliminary Statement hereto.
Outside Servicing Agreement. With respect to the CGM RRI Hotel Portfolio Loan Combination, the Lincoln Square Loan Combination and the Seattle Space Needle Loan Combination, the Series CD 2007-CD5 Pooling and Servicing Agreement or, in the case of any such Loan Combination, any successor servicing agreement with respect thereto; and, with respect to the One Liberty Plaza Loan Combination, the Scottsdale Fashion Square Loan Combination and the Bush Terminal Loan Combination, the Series 2007-GG11 Pooling and Servicing Agreement or, in the case of any such Loan Combination, any successor servicing agreement with respect thereto.