Common use of Servicing of the Loan Clause in Contracts

Servicing of the Loan. Xxxxx Fargo Bank, National Association is hereby appointed by the Holders as the servicer of the Whole Loan. From and after the Lead Securitization Date, pursuant to this Agreement and the Lead Securitization Servicing Agreement, Xxxxx Fargo Bank, National Association will be appointed as the master servicer of the Trust Loan and the primary servicer of the Whole Loan. Pursuant to the Lead Securitization Servicing Agreement, AEGON USA Realty Advisors, LLC will be appointed as the special servicer of the Whole Loan. From and after the Lead Securitization Date, the Holders hereby agree that Xxxxx Fargo Bank, National Association shall service the Whole Loan on behalf of the Holders. Prior to the Lead Securitization Date, the Lead Securitization Note Holder shall have the right to appoint and remove the Interim Servicer with or without cause under this Agreement and from and after the Lead Securitization Date, the Lead Securitization Note Holder shall have the right to appoint and remove the Master Servicer and the Special Servicer in accordance with the terms of the Lead Securitization Servicing Agreement. All rights and obligations of the Lead Securitization Note Holder described hereunder may be exercised by the Servicer and/or the Special Servicer (except as set forth in the preceding sentence) and, to the extent applicable, the Certificate Administrator, the Trustee or the paying agent on behalf of the Lead Securitization Note Holder and the other Holders agree to cooperate with any such Persons with respect to its exercise of such rights and obligations.

Appears in 7 contracts

Samples: Co Lender Agreement (UBS Commercial Mortgage Trust 2017-C6), Co Lender Agreement (CD 2017-Cd6 Mortgage Trust), Co Lender Agreement (UBS Commercial Mortgage Trust 2017-C5)

AutoNDA by SimpleDocs

Servicing of the Loan. Xxxxx Fargo Bank, KeyBank National Association is hereby appointed by the Holders as the servicer of the Whole Loan. From and after the Lead Securitization Date, pursuant to this Agreement and the Lead Securitization Servicing Agreement, Xxxxx Fargo Bank, KeyBank National Association will be appointed as the master servicer of the Trust Loan and the primary servicer of the Whole Loan. Pursuant to the Lead Securitization Servicing Agreement, AEGON USA Realty Advisors, LLC KeyBank National Association will be appointed as the special servicer of the Whole Loan. From and after the Lead Securitization Date, the Holders hereby agree that Xxxxx Fargo Bank, KeyBank National Association shall service the Whole Loan on behalf of the Holders. Prior to the Lead Securitization Date, the Lead Securitization Note Holder shall have the right to appoint and remove the Interim Servicer with or without cause under this Agreement and from and after the Lead Securitization Date, the Lead Securitization Note Holder shall have the right to appoint and remove the Master Servicer CO-Lender Agreement (11 Madison Avenue) 70 and the Special Servicer in accordance with the terms of the Lead Securitization Servicing Agreement. All rights and obligations of the Lead Securitization Note Holder described hereunder may be exercised by the Servicer and/or the Special Servicer (except as set forth in the preceding sentence) and, to the extent applicable, the Certificate Administrator, the Trustee or the paying agent on behalf of the Lead Securitization Note Holder and the other Holders agree to cooperate with any such Persons with respect to its exercise of such rights and obligations.

Appears in 6 contracts

Samples: Co Lender Agreement (COMM 2015-Lc23 Mortgage Trust), Co Lender Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2015-C26), Co Lender Agreement (Wells Fargo Commercial Mortgage Trust 2015-C31)

Servicing of the Loan. Xxxxx Fargo Bank, KeyBank National Association is hereby appointed by the Holders as the servicer of the Whole Loan. From and after the Lead Securitization Date, pursuant to this Agreement and the Lead Securitization Servicing Agreement, Xxxxx Fargo Bank, KeyBank National Association will be appointed as the master servicer of the Trust Loan and the primary servicer of the Whole Loan. Pursuant to the Lead Securitization Servicing Agreement, AEGON USA Realty Advisors, LLC KeyBank National Association will be appointed as the special servicer of the Whole Loan. From and after the Lead Securitization Date, the Holders hereby agree that Xxxxx Fargo Bank, KeyBank National Association shall service the Whole Loan on behalf of the Holders. Prior to the Lead Securitization Date, the Co-Lender Agreement (Olympic Tower) 72 Lead Securitization Note Holder shall have the right to appoint and remove the Interim Servicer with or without cause under this Agreement and from and after the Lead Securitization Date, the Lead Securitization Note Holder shall have the right to appoint and remove the Master Servicer and the Special Servicer in accordance with the terms of the Lead Securitization Servicing Agreement. All rights and obligations of the Lead Securitization Note Holder described hereunder may be exercised by the Servicer and/or the Special Servicer (except as set forth in the preceding sentence) and, to the extent applicable, the Certificate Administrator, the Trustee or the paying agent on behalf of the Lead Securitization Note Holder and the other Holders agree to cooperate with any such Persons with respect to its exercise of such rights and obligations.

Appears in 4 contracts

Samples: Co Lender Agreement (GS Mortgage Securities Trust 2017-Gs8), Co Lender Agreement (GS Mortgage Securities Trust 2017-Gs7), Co Lender Agreement (Cd 2017-Cd5 Mortgage Trust)

Servicing of the Loan. Xxxxx Wxxxx Fargo Bank, National Association is hereby appointed by the Holders as the servicer of the Whole Loan. From and after the Lead Securitization Date, pursuant to this Agreement and the Lead Securitization Servicing Agreement, Xxxxx Wxxxx Fargo Bank, National Association will be appointed as the master servicer of the Trust Loan and the primary servicer of the Whole Loan. Pursuant to the Lead Securitization Servicing Agreement, AEGON USA Realty Advisors, LLC Pacific Life Insurance Company will be appointed as the special servicer of the Whole Loan. From and after the Lead Securitization Date, the Holders hereby agree that Xxxxx Wxxxx Fargo Bank, National Association shall service the Whole Loan on behalf of the Holders. Prior to the Lead Securitization Date, the Lead Securitization Note Holder shall have the right to appoint and remove the Interim Servicer with or without cause under this Agreement and from and after the Lead Securitization Date, the Lead Securitization Note Holder shall have the right to appoint and remove the Master Servicer and the Special Servicer in accordance with the terms of the Lead Securitization Servicing Agreement. All rights and obligations of the Lead Securitization Note Holder described hereunder may be exercised by the Servicer and/or the Special Servicer (except as set forth in the preceding sentence) and, to the extent applicable, the Certificate Administrator, the Trustee or the paying agent on behalf of the Lead Securitization Note Holder and the other Holders agree to cooperate with any such Persons with respect to its exercise of such rights and obligations.. Co-Lender Agreement (San Francisco Centre)

Appears in 2 contracts

Samples: Co Lender Agreement (JPMDB Commercial Mortgage Securities Trust 2016-C4), Co Lender Agreement (JPMCC Commercial Mortgage Securities Trust 2016-Jp3)

Servicing of the Loan. Xxxxx Fargo Bank, KeyBank National Association is hereby appointed by the Holders as the servicer of the Whole Loan. From and after the Lead Securitization Date, pursuant to this Agreement and the Lead Securitization Servicing Agreement, Xxxxx Fargo Bank, KeyBank National Association will be appointed as the master servicer of the Trust Loan and the primary servicer of the Whole Loan. Pursuant to the Lead Securitization Servicing Agreement, AEGON USA Realty Advisors, Strategic Asset Services LLC will be appointed as the special servicer of the Whole LoanLoan and shall be deemed to be a Qualified Servicer on the Lead Securitization Date for all purposes hereunder. From and after the Lead Securitization Date, the Holders hereby agree that Xxxxx Fargo Bank, KeyBank National Association shall service the Whole Loan on behalf of the Holders. Prior to the Lead Securitization Date, the Lead Securitization Note Holder shall have the right to appoint and remove the Interim Servicer with or without cause under this Agreement and from and after the Lead Securitization Date, the Lead Securitization Note Holder shall have the right to appoint and remove the Master Servicer and the Special Servicer in accordance with the terms of the Lead Securitization Servicing Agreement. All rights and obligations of the Lead Securitization Note Holder described hereunder may be exercised by the Servicer and/or the Special Servicer (except as set forth in the preceding sentence) and, to the extent applicable, the Certificate Administrator, the Trustee or the paying agent on behalf of the Lead Securitization Note Holder and the other Holders agree to cooperate with any such Persons with respect to its exercise of such rights and obligations.

Appears in 2 contracts

Samples: Co Lender Agreement (Wells Fargo Commercial Mortgage Trust 2016-C36), Co Lender Agreement (CD 2016-Cd1 Mortgage Trust)

Servicing of the Loan. Xxxxx Fargo Bank, National Association is hereby appointed by the Holders as the servicer of the Whole Loan. From and after the Lead Securitization Date, pursuant to this Agreement and the Lead Securitization Servicing Agreement, Xxxxx Fargo Bank, National Association will be appointed as the master servicer of the Trust Loan and the primary servicer of the Whole Loan. Pursuant to the Lead Securitization Servicing Agreement, AEGON USA Realty Advisors, LLC will be appointed as the special servicer of the Whole Loan. From and after the Lead Securitization Date, the Holders hereby agree that Xxxxx Fargo Bank, National Association shall service the Whole Loan on behalf of the Holders. Prior to the Lead Securitization Date, the Lead Securitization Note Holder shall have the right to appoint and remove the Interim Servicer with or without cause under this Agreement Co-Lender Agreement (10 Xxxxxx Yards) and from and after the Lead Securitization Date, the Lead Securitization Note Holder shall have the right to appoint and remove the Master Servicer and the Special Servicer in accordance with the terms of the Lead Securitization Servicing Agreement. All rights and obligations of the Lead Securitization Note Holder described hereunder may be exercised by the Servicer and/or the Special Servicer (except as set forth in the preceding sentence) and, to the extent applicable, the Certificate Administrator, the Trustee or the paying agent on behalf of the Lead Securitization Note Holder and the other Holders agree to cooperate with any such Persons with respect to its exercise of such rights and obligations.

Appears in 2 contracts

Samples: Co Lender Agreement (GS Mortgage Securities Trust 2016-Gs3), Co Lender Agreement (CD 2016-Cd1 Mortgage Trust)

Servicing of the Loan. Xxxxx Wxxxx Fargo Bank, National Association is hereby appointed by the Holders as the servicer of the Whole Loan. From and after the Lead Securitization Date, pursuant to this Agreement and the Lead Securitization Servicing Agreement, Xxxxx Wxxxx Fargo Bank, National Association will be appointed as the master servicer of the Trust Loan and the primary servicer of the Whole Loan. Pursuant to the Lead Securitization Servicing Agreement, AEGON USA Realty AdvisorsWxxxx Fargo Bank, LLC National Association will be appointed as the special servicer of the Whole Loan. From and after the Lead Securitization Date, the Holders hereby agree that Xxxxx Wxxxx Fargo Bank, National Association shall service the Whole Loan on behalf of the Holders. Prior to the Lead Securitization Date, the Lead Securitization Note Holder shall have the right to appoint and remove the Interim Servicer with or without cause under this Agreement and from and after the Lead Securitization Date, the Lead Securitization Note Holder shall have the right to appoint and remove the Master Servicer and the Special Servicer in accordance with the terms of the Lead Securitization Servicing Agreement. All rights and obligations of the Lead Securitization Note Holder described hereunder may be exercised by the Servicer and/or the Special Servicer (except as set forth in the preceding sentence) and, to the extent applicable, the Certificate Administrator, the Trustee or the paying agent on behalf of the Lead Securitization Note Holder and the other Holders agree to cooperate with any such Persons with respect to its exercise of such rights and obligations.. Amended and Restated Co-Lender Agreement (787 Seventh Avenue)

Appears in 2 contracts

Samples: Co Lender Agreement (JPMDB Commercial Mortgage Securities Trust 2016-C2), Co Lender Agreement (DBJPM 2016-C1 Mortgage Trust)

AutoNDA by SimpleDocs

Servicing of the Loan. Xxxxx Fargo Bank, National Association is hereby appointed by the Holders as the servicer of the Whole Loan. From and after the Lead Securitization Date, pursuant to this Agreement and the Lead Securitization Servicing Agreement, Xxxxx Fargo Bank, National Association will be appointed as the master servicer of the Trust Loan and the primary servicer of the Whole Loan. Pursuant to the Lead Securitization Servicing Agreement, AEGON USA Realty Advisors, LLC Pacific Life Insurance Company will be appointed as the special servicer of the Whole Loan. From and after the Lead Securitization Date, the Holders hereby agree that Xxxxx Fargo Bank, National Association shall service the Whole Loan on behalf of the Holders. Prior to the Lead Securitization Date, the Lead Securitization Note Holder shall have the right to appoint and remove the Interim Servicer with or without cause under this Agreement and from and after the Lead Securitization Date, the Lead Securitization Note Holder shall have the right to appoint and remove the Master Servicer and the Special Servicer in accordance with the terms of the Lead Securitization Servicing Agreement. All rights and obligations of the Lead Securitization Note Holder described hereunder may be exercised by the Servicer and/or the Special Servicer (except as set forth in the preceding sentence) and, to the extent applicable, the Certificate Administrator, the Trustee or the paying agent on behalf of the Lead Securitization Note Holder and the other Holders agree to cooperate with any such Persons with respect to its exercise of such rights and obligations.. Co-Lender Agreement (San Francisco Centre)

Appears in 2 contracts

Samples: Co Lender Agreement (CD 2016-Cd1 Mortgage Trust), Co Lender Agreement (DBJPM 2016-C3 Mortgage Trust)

Servicing of the Loan. Xxxxx Fargo Bank, National Association is hereby appointed by the Holders as the servicer of the Whole Loan. From and after the Lead Securitization Date, pursuant to this Agreement and the Lead Securitization Servicing Agreement, Xxxxx Fargo Bank, National Association will be appointed as the master servicer of the Trust Loan and the primary servicer of the Whole Loan. Pursuant to the Lead Securitization Servicing Agreement, AEGON USA Realty Advisors, LLC Pacific Life Insurance Company will be appointed as the special servicer of the Whole Loan. From and after the Lead Securitization Date, the Holders hereby agree that Xxxxx Fargo Bank, National Association shall service the Whole Loan on behalf of the Holders. Prior to the Lead Securitization Date, the Lead Securitization Note Holder shall have the right to appoint and remove the Interim Servicer with or without cause under this Agreement and from and after the Lead Securitization Date, the Lead Securitization Note Holder shall have the right to appoint and remove the Master Servicer and the Special Servicer in accordance with the terms of the Lead Securitization Servicing Agreement. All rights and obligations of the Lead Securitization Note Holder described hereunder may be exercised by the Servicer and/or the Special Servicer (except as set forth in the preceding sentence) and, to the extent applicable, the Certificate Administrator, the Trustee or the paying agent on behalf of the Lead Securitization Note Holder and the other Holders agree to cooperate with any such Persons with respect to its exercise of such rights and obligations.

Appears in 1 contract

Samples: Co Lender Agreement (COMM 2016-Cor1 Mortgage Trust)

Servicing of the Loan. Xxxxx Fargo Bank, KeyBank National Association is hereby appointed by the Holders as the servicer of the Whole Loan. From and after the Lead Securitization Date, pursuant to this Agreement and the Lead Securitization Servicing Agreement, Xxxxx Fargo Bank, KeyBank National Association will be appointed as the master servicer of the Trust Loan and the primary servicer of the Whole Loan. Pursuant to the Lead Securitization Servicing Agreement, AEGON USA Realty Advisors, LLC will be appointed as the special servicer of the Whole Loan. From and after the Lead Securitization Date, the Holders hereby agree that Xxxxx Fargo Bank, KeyBank National Association shall service the Whole Loan on behalf of the Holders. Prior to the Lead Securitization Date, the Lead Securitization Note Holder shall have the right to appoint and remove the Interim Servicer with or without cause under this Agreement and from and after the Lead Securitization Date, the Lead Securitization Note Holder shall have the right to appoint and remove the Master Servicer and the Special Servicer in accordance with the terms of the Lead Securitization Servicing Agreement. All rights and obligations of the Lead Securitization Note Holder described hereunder may be exercised by the Servicer and/or the Special Servicer (except as set forth in the preceding sentence) and, to the extent applicable, the Certificate Administrator, the Trustee or the paying agent on behalf of the Lead Securitization Note Holder and the other Holders agree to cooperate with any such Persons with respect to its exercise of such rights and obligations.

Appears in 1 contract

Samples: Co Lender Agreement (CD 2016-Cd2 Mortgage Trust)

Time is Money Join Law Insider Premium to draft better contracts faster.