Common use of Section 1 Clause in Contracts

Section 1. 02. The determination as to the application of amounts collected in respect of any Mortgage Loan, in the absence of express provisions in the related Loan Documents or to the extent that such terms authorize the lender to use its discretion, shall be made by the Master Servicer.

Appears in 16 contracts

Samples: Primary Servicing Agreement (CFCRE 2017-C8 Mortgage Trust), Primary Servicing Agreement (CFCRE 2016-C6 Mortgage Trust), Primary Servicing Agreement (COMM 2016-Dc2 Mortgage Trust)

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Section 1. 02. The determination as to the application of amounts collected in respect of any Mortgage LoanLoan or the Serviced Companion Loans, in the absence of express provisions in the related Mortgage Loan Documents documents or to the extent that such terms authorize the lender to use its discretion, shall be made by the Master Servicer.

Appears in 11 contracts

Samples: Primary Servicing Agreement (BBCMS Mortgage Trust 2024-C26), Primary Servicing Agreement (BBCMS Mortgage Trust 2021-C11), Primary Servicing Agreement (BBCMS Mortgage Trust 2020-C7)

Section 1. 02. The determination as to the application of amounts collected in respect of any Mortgage Loan or Serviced Companion Loan, in the absence of express provisions in the related Mortgage Loan Documents documents or to the extent that such terms authorize the lender to use its discretion, shall be made by the Master Servicer.

Appears in 11 contracts

Samples: Primary Servicing Agreement (Benchmark 2024-V5 Mortgage Trust), Primary Servicing Agreement (BBCMS Mortgage Trust 2024-5c25), Primary Servicing Agreement (BANK5 Trust 2024-5yr6)

Section 1. 02. The determination as to the application of amounts collected in respect of any Mortgage Loan and Serviced Companion Loan, in the absence of express provisions in the related Loan Documents or to the extent that such terms authorize the lender to use its discretion, shall be made by the Master Servicer.

Appears in 7 contracts

Samples: Primary Servicing Agreement (GS Mortgage Securities Trust 2015-Gs1), Primary Servicing Agreement (CFCRE 2016-C3 Mortgage Trust), Primary Servicing Agreement (Citigroup Commercial Mortgage Trust 2016-Gc36)

Section 1. 02. The determination as to the application of amounts collected in respect of any Mortgage Loanthe Serviced Loan Combination, in the absence of express provisions in the related Loan Documents or to the extent that such terms authorize the lender to use its discretion, shall be made by the Master Servicer.

Appears in 6 contracts

Samples: Primary Servicing Agreement (Citigroup Commercial Mortgage Trust 2018-C6), Primary Servicing Agreement (CFCRE 2016-C6 Mortgage Trust), Primary Servicing Agreement (Citigroup Commercial Mortgage Trust 2016-C1)

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Section 1. 02. The determination as to the application of amounts collected in respect of any Mortgage Loan, in the absence of express provisions in the related Mortgage Loan Documents documents or to the extent that such terms authorize the lender to use its discretion, shall be made by the Master Servicer.

Appears in 6 contracts

Samples: Primary Servicing Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2016-C32), Primary Servicing Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2016-C31), Primary Servicing Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2016-C29)

Section 1. 02. The determination as to the application of amounts collected in respect of any Mortgage Loan or the Serviced Companion Loan, in the absence of express provisions in the related Mortgage Loan Documents documents or to the extent that such terms authorize the lender to use its discretion, shall be made by the Master Servicer.

Appears in 5 contracts

Samples: Primary Servicing Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2017-C33), Primary Servicing Agreement (UBS Commercial Mortgage Trust 2017-C7), Primary Servicing Agreement (UBS Commercial Mortgage Trust 2017-C6)

Section 1. 02. The determination as to the application of amounts collected in respect of any Mortgage Loan or Serviced Companion Loan, in the absence of express provisions in the related Loan Documents or to the extent that such terms authorize the lender to use its discretion, shall be made by the Master Servicer.

Appears in 1 contract

Samples: Primary Servicing Agreement (Benchmark 2019-B9 Mortgage Trust)

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