Withholding Taxes. (a) If the Lead Securitization Note Holder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any Non-Lead Securitization Note Holder with respect to the Mortgage Loan as a result of such Non-Lead Securitization Note Holder constituting a Non-Exempt Person, such Lead Securitization Note Holder, in its capacity as servicer, shall be entitled to do so with respect to such Non-Lead Securitization Note Holder’s interest in such payment (all withheld amounts being deemed paid to such Note Holder), provided that the Lead Securitization Note Holder shall furnish such Non-Lead Securitization Note Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder is subject to tax.
Appears in 501 contracts
Samples: Agreement Between Note Holders (Benchmark 2024-V7 Mortgage Trust), Agreement Between Note Holders (BBCMS Mortgage Trust 2024-C26), Agreement Between Note Holders (BBCMS Mortgage Trust 2024-C26)
Withholding Taxes. (a) If the Lead Securitization Note Holder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any the Non-Lead Securitization Note Holder with respect to the Mortgage Loan as a result of such the Non-Lead Securitization Note Holder constituting a Non-Exempt Person, such the Lead Securitization Note Holder, in its capacity as servicer, shall be entitled to do so with respect to such the Non-Lead Securitization Note Holder’s interest in such payment (all withheld amounts being deemed paid to such Note Holder), provided that the Lead Securitization Note Holder shall furnish such the Non-Lead Securitization Note Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder is subject to tax.
Appears in 301 contracts
Samples: Co Lender Agreement (BBCMS Mortgage Trust 2024-5c25), Co Lender Agreement (Bank5 2024-5yr5), Co Lender Agreement (BMO 2024-5c3 Mortgage Trust)
Withholding Taxes. (a) If the Lead Securitization Note Holder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any Non-Lead Securitization Note Holder with respect to the Mortgage Loan as a result of such Non-Lead Securitization Note Holder constituting a Non-Exempt Person, such the Lead Securitization Note Holder, in its capacity as servicer, shall be entitled to do so with respect to such Non-Lead Securitization Note Holder’s interest in such payment (all withheld amounts being deemed paid to such Note Holder), provided that the Lead Securitization Note Holder shall furnish such Non-Lead Securitization Note Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder is subject to tax.
Appears in 255 contracts
Samples: Co Lender Agreement (Benchmark 2024-V7 Mortgage Trust), Co Lender Agreement (Benchmark 2024-V7 Mortgage Trust), Co Lender Agreement (Benchmark 2024-V7 Mortgage Trust)
Withholding Taxes. (a) If the Lead Securitization Note Holder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any a Non-Lead Securitization Note Holder with respect to the Mortgage Loan as a result of such Non-Lead Securitization Note Holder constituting a Non-Exempt Person, such the Lead Securitization Note Holder, in its capacity as servicer, shall be entitled to do so with respect to such Non-Lead Securitization Note Holder’s interest in such payment (all withheld amounts being deemed paid to such Note Holder), provided that the Lead Securitization Note Holder shall furnish such Non-Lead Securitization Note Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder is subject to tax.
Appears in 236 contracts
Samples: Agreement Between Note Holders (BMO 2024-5c4 Mortgage Trust), Agreement Between Note Holders (BANK5 Trust 2024-5yr6), Co Lender Agreement (Bank5 2023-5yr3)
Withholding Taxes. (a) If the Lead Securitization Note Holder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any the Non-Lead Securitization Note Holder with respect to the Mortgage Loan as a result of such Non-Lead Securitization Note Holder constituting a Non-Exempt Person, such Lead Securitization Note Holder, in its capacity as servicerServicer, shall be entitled to do so with respect to such Non-Lead Securitization Note Holder’s interest in such payment (all withheld amounts being deemed paid to such Note Holder), provided that the Lead Securitization Note Holder shall furnish such Non-Lead Securitization Note Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder is subject to tax.
Appears in 87 contracts
Samples: Agreement Between Note Holders (Benchmark 2024-V7 Mortgage Trust), Agreement Between Note Holders (BBCMS Mortgage Trust 2024-C24), Agreement Between Note Holders (BMO 2023-C7 Mortgage Trust)
Withholding Taxes. (aa)(a) If the Lead Securitization Note Holder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any Non-Lead Securitization Note Holder with respect to the Mortgage Loan as a result of such Non-Lead Securitization Note Holder constituting a Non-Exempt Person, such Lead Securitization Note Holder, in its capacity as servicer, shall be entitled to do so with respect to such Non-Lead Securitization Note Holder’s interest in such payment (all withheld amounts being deemed paid to such Note Holder), provided that the Lead Securitization Note Holder shall furnish such Non-Lead Securitization Note Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder is subject to tax.
Appears in 74 contracts
Samples: Agreement Between Note Holders (Benchmark 2023-B40 Mortgage Trust), Agreement Between Note Holders (MSWF Commercial Mortgage Trust 2023-2), Agreement Between Note Holders (Bank5 2023-5yr4)
Withholding Taxes. (a) If the Lead Securitization Note Holder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any Non-Lead Securitization Note Holder with respect to the Mortgage Loan as a result of such any Non-Lead Securitization Note Holder constituting a Non-Exempt Person, such the Lead Securitization Note Holder, in its capacity as servicer, shall be entitled to do so with respect to such Non-Lead Securitization Note Holder’s interest in such payment (all withheld amounts being deemed paid to such Note Holder), provided that the Lead Securitization Note Holder shall furnish such the related Non-Lead Securitization Note Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder is subject to tax.
Appears in 65 contracts
Samples: Co Lender Agreement (Bank5 2024-5yr5), Co Lender Agreement (Benchmark 2023-B40 Mortgage Trust), Co Lender Agreement (Bank5 2023-5yr4)
Withholding Taxes. (a) If the Lead Securitization Note Holder or the Mortgage Loan Borrower shall be is required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any a Non-Lead Securitization Note Holder with respect to the Mortgage Loan as a result of such Non-Lead Securitization Note Holder constituting a Non-Exempt Person, such the Lead Securitization Note Holder, in its capacity as servicer, shall be entitled to do so with respect to such Non-Lead Securitization Note Holder’s interest in such payment (all withheld amounts being deemed paid to such Note Holder), provided that the . The Lead Securitization Note Holder shall furnish such Non-Lead Securitization Note Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder is subject to tax.
Appears in 64 contracts
Samples: Co Lender Agreement (Benchmark 2022-B32 Mortgage Trust), Co Lender Agreement (Benchmark 2021-B31 Mortgage Trust), Co Lender Agreement (BBCMS Mortgage Trust 2021-C12)
Withholding Taxes. (aa)(a) If the Lead Securitization Note Holder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any a Non-Lead Securitization Note Holder with respect to the Mortgage Loan as a result of such Non-Lead Securitization Note Holder constituting a Non-Exempt Person, such the Lead Securitization Note Holder, in its capacity as servicer, shall be entitled to do so with respect to such Non-Lead Securitization Note Holder’s interest in such payment (all withheld amounts being deemed paid to such Note Holder), provided that the Lead Securitization Note Holder shall furnish such Non-Lead Securitization Note Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder is subject to tax.
Appears in 63 contracts
Samples: Agreement Between Note Holders (Bank5 2023-5yr3), Agreement Between Note Holders (Bank 2023-Bnk46), Agreement Between Note Holders (Bank5 2023-5yr2)
Withholding Taxes. (a) If the Lead Securitization Note Holder or the Mortgage Loan Borrower shall be is required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any a Non-Lead Securitization Note Holder with respect to the Mortgage Loan as a result of such Non-Lead Securitization Note Holder constituting a Non-Exempt Person, such the Lead Securitization Note Holder, in its capacity as servicer, shall be entitled to do so with respect to such Non-Lead Securitization Note Holder’s interest in such payment (all withheld amounts being deemed paid to such Note Holder), provided that the . The Lead Securitization Note Holder shall furnish such Non-Lead Securitization Note Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder is subject to tax.
Appears in 49 contracts
Samples: Co Lender Agreement (BBCMS Mortgage Trust 2024-C26), Co Lender Agreement (BMO 2024-C8 Mortgage Trust), Co Lender Agreement (BMO 2023-5c1 Mortgage Trust)
Withholding Taxes. (a) If the Lead Securitization Note Holder Noteholder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any Non-Lead Securitization Note Holder Noteholder with respect to the Mortgage Loan as a result of such Non-Lead Securitization Note Holder Noteholder constituting a Non-Exempt Person, such the Lead Securitization Note HolderNoteholder, in or the Master Servicer on its capacity as servicerbehalf, shall be entitled to do so with respect to such Non-Lead Securitization Note HolderNoteholder’s interest in such payment (all amounts so withheld amounts being deemed paid to such Note HolderNon-Lead Securitization Noteholder), provided that the Lead Securitization Note Holder Noteholder shall furnish such Non-Lead Securitization Note Holder Noteholder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder Non-Lead Securitization Noteholder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder Non-Lead Securitization Noteholder is subject to tax.
Appears in 46 contracts
Samples: Agreement Between Noteholders (BBCMS Mortgage Trust 2024-C26), Agreement Between Noteholders (BMO 2024-C8 Mortgage Trust), Agreement Between Noteholders (BBCMS Mortgage Trust 2024-C24)
Withholding Taxes. (aa)(a) If the Lead Securitization Note Holder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any the Non-Lead Securitization Note Holder with respect to the Mortgage Loan as a result of such the Non-Lead Securitization Note Holder constituting a Non-Exempt Person, such the Lead Securitization Note Holder, in its capacity as servicer, shall be entitled to do so with respect to such the Non-Lead Securitization Note Holder’s interest in such payment (all withheld amounts being deemed paid to such Note Holder), provided that the Lead Securitization Note Holder shall furnish such the Non-Lead Securitization Note Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder is subject to tax.
Appears in 36 contracts
Samples: Co Lender Agreement (Benchmark 2022-B34 Mortgage Trust), Co Lender Agreement (BBCMS Mortgage Trust 2022-C15), Co Lender Agreement (Morgan Stanley Capital I Trust 2022-L8)
Withholding Taxes. (a) If the Lead Securitization Note Holder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any a Non-Lead Securitization Note Holder with respect to the Mortgage Loan as a result of such Non-Lead Securitization Note Holder constituting a Non-Exempt Person, such the Lead Securitization Note Holder, in its capacity as servicer, shall be entitled to do so with respect to such Non-Lead Securitization Note Holder’s interest in such payment (all withheld amounts being deemed paid to such Note Holder), provided that the Lead Securitization Note Holder shall furnish such the Non-Lead Securitization Note Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder is subject to tax.
Appears in 33 contracts
Samples: Co Lender Agreement (BBCMS Mortgage Trust 2024-C24), Co Lender Agreement (BBCMS Mortgage Trust 2024-C24), Co Lender Agreement (BBCMS Mortgage Trust 2024-C24)
Withholding Taxes. (a) If the Lead Securitization Note Holder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any Non-Lead Securitization Controlling Note Holder with respect to the Mortgage Loan as a result of such Non-Lead Securitization Controlling Note Holder constituting a Non-Exempt Person, such the Lead Securitization Note Holder, in its capacity as servicer, shall be entitled to do so with respect to such Non-Lead Securitization Controlling Note Holder’s interest in such payment (all withheld amounts being deemed paid to such Note Holder), provided that the Lead Securitization Note Holder shall furnish such Non-Lead Securitization Controlling Note Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder is subject to tax.
Appears in 33 contracts
Samples: Co Lender Agreement (BMO 2023-C5 Mortgage Trust), Co Lender Agreement (BBCMS Mortgage Trust 2023-C19), Co Lender Agreement (Bank5 2023-5yr1)
Withholding Taxes. (a) If the Lead Securitization Note Holder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any a Non-Lead Securitization Note Holder with respect to the Mortgage Loan as a result of such Non-Lead Securitization Note Holder constituting a Non-Exempt Person, such the Lead Securitization Note Holder, in its capacity as servicer, shall be entitled to do so with respect to such the applicable Non-Lead Securitization Note Holder’s interest in such payment (all withheld amounts being deemed paid to such Note Holder), provided that the Lead Securitization Note Holder shall furnish such Non-Lead Securitization Note Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder is subject to tax.
Appears in 31 contracts
Samples: Agreement Between Note Holders (UBS Commercial Mortgage Trust 2018-C11), Agreement Between Note Holders (UBS Commercial Mortgage Trust 2018-C9), Agreement Between Note Holders (UBS Commercial Mortgage Trust 2018-C8)
Withholding Taxes. (a) If the Lead Securitization Note Holder Noteholder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any Non-Lead Securitization the Note B Holder with respect to the Mortgage Loan as a result of such Non-Lead Securitization the Note B Holder constituting a Non-Exempt Person, such the Lead Securitization Note HolderNoteholder, in or the Servicer on its capacity as servicerbehalf, shall be entitled to do so with respect to such Non-Lead Securitization the Note B Holder’s interest in such payment (all withheld amounts being deemed paid to such the Note B Holder), provided that the Lead Securitization Note Holder Noteholder shall furnish such Non-Lead Securitization the Note B Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such the Note B Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such the Note B Holder is subject to tax.
Appears in 25 contracts
Samples: Intercreditor Agreement (Benchmark 2021-B27 Mortgage Trust), Intercreditor Agreement (Benchmark 2021-B26 Mortgage Trust), Intercreditor Agreement (Benchmark 2021-B25 Mortgage Trust)
Withholding Taxes. (aa)(a) If the Lead Securitization Note Holder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any a Non-Lead Securitization Note Holder with respect to the Mortgage Loan as a result of such Non-Lead Securitization Note Holder constituting a Non-Exempt Person, such the Lead Securitization Note Holder, in its capacity as servicer, shall be entitled to do so with respect to such Non-Lead Securitization Note Holder’s interest in such payment (all withheld amounts being deemed paid to such Note Holder), provided that the Lead Securitization Note Holder shall furnish such Non-Lead Securitization Note Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Non-Lead Securitization Note Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Non-Lead Securitization Note Holder is subject to tax.
Appears in 24 contracts
Samples: Co Lender Agreement (BBCMS Mortgage Trust 2022-C15), Co Lender Agreement (BBCMS Mortgage Trust 2022-C15), Co Lender Agreement (Morgan Stanley Capital I Trust 2022-L8)
Withholding Taxes. (aa)(a) If the Lead Securitization Note Holder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any Non-Lead Securitization Note Holder with respect to the Mortgage Loan as a result of such Non-Lead Securitization Note Holder constituting a Non-Exempt Person, such the Lead Securitization Note Holder, in its capacity as servicer, shall be entitled to do so with respect to such Non-Lead Securitization Note Holder’s interest in such payment (all withheld amounts being deemed paid to such Note Holder), provided that the Lead Securitization Note Holder shall furnish such Non-Lead Securitization Note Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder is subject to tax.
Appears in 23 contracts
Samples: Agreement Between Note Holders (Wells Fargo Commercial Mortgage Trust 2020-C58), Co Lender Agreement (Bank 2022-Bnk43), Agreement Between Note Holders (Benchmark 2020-B18 Mortgage Trust)
Withholding Taxes. (a) If the Lead Securitization Note Holder a Senior Noteholder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any Non-Lead Securitization the Note B Holder with respect to the Mortgage Loan as a result of such Non-Lead Securitization the Note B Holder constituting a Non-Exempt Person, such the Lead Securitization Note Holder, in Noteholder (or the Servicer on its capacity as servicer, behalf) shall be entitled to do so with respect to such Non-Lead Securitization the Note B Holder’s interest in such payment (all withheld amounts being deemed paid to such the Note B Holder), provided that the Lead Securitization Note Holder Noteholder (or the Servicer on its behalf) shall furnish such Non-Lead Securitization Note B Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note B Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such the Note B Holder is subject to tax.
Appears in 22 contracts
Samples: Agreement Between Noteholders (Benchmark 2023-V2 Mortgage Trust), Agreement Between Noteholders (3650R 2022-Pf2 Commercial Mortgage Trust), Agreement Between Noteholders (BBCMS Mortgage Trust 2022-C15)
Withholding Taxes. (aa)(a) If the Lead Securitization Note Holder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any Non-Lead Securitization Note Holder with respect to the Mortgage Loan as a result of such any Non-Lead Securitization Note Holder constituting a Non-Exempt Person, such the Lead Securitization Note Holder, in its capacity as servicer, shall be entitled to do so with respect to such Non-Lead Securitization Note Holder’s interest in such payment (all withheld amounts being deemed paid to such Note Holder), provided that the Lead Securitization Note Holder shall furnish such the related Non-Lead Securitization Note Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder is subject to tax.
Appears in 20 contracts
Samples: Co Lender Agreement (Benchmark 2020-B18 Mortgage Trust), Co Lender Agreement (JPMDB Commercial Mortgage Securities Trust 2020-Cor7), Co Lender Agreement (Benchmark 2020-B17 Mortgage Trust)
Withholding Taxes. (a) If the Lead Securitization Note Holder Noteholder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any Non-Lead Securitization Note Holder Subordinate Noteholder with respect to the Mortgage Loan as a result of such Non-Lead Securitization Note Holder Subordinate Noteholder constituting a Non-Exempt Person, such the Lead Securitization Note HolderNoteholder, in or the Servicer on its capacity as servicerbehalf, shall be entitled to do so with respect to such Non-Lead Securitization Note HolderSubordinate Noteholder’s interest in such payment (all withheld amounts being deemed paid to such Note HolderSubordinate Noteholder), provided that the Lead Securitization Note Holder Noteholder shall furnish such Non-Lead Securitization Note Holder Subordinate Noteholder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder Subordinate Noteholder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder Subordinate Noteholder is subject to tax.
Appears in 18 contracts
Samples: Agreement (Benchmark 2019-B12 Mortgage Trust), Agreement (GS Mortgage Securities Trust 2019-Gc40), Agreement (GS Mortgage Securities Trust 2019-Gc40)
Withholding Taxes. (a) If the Lead Securitization Note Holder or the any Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any Non-Lead Securitization Note Holder with respect to the Mortgage Loan as a result of such Non-Lead Securitization Note Holder constituting a Non-Exempt Person, such Lead Securitization Note Holder, in its capacity as servicer, shall be entitled to do so with respect to such Non-Lead Securitization Note Holder’s interest in such payment (all withheld amounts being deemed paid to such Note Holder), provided that the Lead Securitization Note Holder shall furnish such Non-Lead Securitization Note Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder is subject to tax.
Appears in 17 contracts
Samples: Agreement Between Note Holders (BBCMS Mortgage Trust 2024-C26), Agreement Between Note Holders (BBCMS Mortgage Trust 2024-5c25), Agreement Between Note Holders (BBCMS Mortgage Trust 2024-C24)
Withholding Taxes. (a) If the Lead Securitization Note Holder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any the Non-Lead Securitization Note Holder with respect to the Mortgage Loan as a result of such Non-Lead Securitization Note Holder constituting a Non-Exempt Person, such Lead Securitization Note Holder, in its capacity as servicer, shall be entitled to do so with respect to such Non-Lead Securitization Note Holder’s interest in such payment (all withheld amounts being deemed paid to such Note Holder), provided that the Lead Securitization Note Holder shall furnish such Non-Lead Securitization Note Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder is subject to tax.
Appears in 16 contracts
Samples: Agreement Between Note Holders, Agreement Between Note Holders, Agreement Between Note Holders (CSAIL 2016-C7 Commercial Mortgage Trust)
Withholding Taxes. (a) If the Lead Securitization Note Holder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any Non-Lead Securitization Note Holder with respect to the Mortgage Loan as a result of such Non-Lead Securitization Note Holder constituting a Non-Exempt Person, such the Lead Securitization Note Holder, in its capacity as servicer, shall be entitled to do so with respect to such each Non-Lead Securitization Note Holder’s interest in such payment (all withheld amounts being deemed paid to such Note Holder), provided that the Lead Securitization Note Holder shall furnish such Non-Lead Securitization Note Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder is subject to tax.
Appears in 16 contracts
Samples: Agreement Between Note Holders (Wells Fargo Commercial Mortgage Trust 2017-C40), Agreement Between Note Holders (Wells Fargo Commercial Mortgage Trust 2017-C40), Agreement Between Note Holders (Citigroup Commercial Mortgage Trust 2017-P8)
Withholding Taxes. (ae)(a) If the Lead Securitization Note Holder or the Mortgage Loan Borrower shall be is required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any a Non-Lead Securitization Note Holder with respect to the Mortgage Loan as a result of such Non-Lead Securitization Note Holder constituting a Non-Exempt Person, such the Lead Securitization Note Holder, in its capacity as servicer, shall be entitled to do so with respect to such Non-Lead Securitization Note Holder’s interest in such payment (all withheld amounts being deemed paid to such Note Holder), provided that the . The Lead Securitization Note Holder shall furnish such Non-Lead Securitization Note Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder is subject to tax.
Appears in 14 contracts
Samples: Co Lender Agreement (JPMCC Commercial Mortgage Securities Trust 2019-Cor5), Co Lender Agreement (JPMCC Commercial Mortgage Securities Trust 2019-Cor5), Co Lender Agreement (JPMCC Commercial Mortgage Securities Trust 2019-Cor5)
Withholding Taxes. (a) (a) If the Lead Securitization Note Holder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any Non-Lead Securitization Note Holder with respect to the Mortgage Loan as a result of such Non-Lead Securitization Note Holder constituting a Non-Exempt Person, such Lead Securitization Note Holder, in its capacity as servicer, shall be entitled to do so with respect to such Non-Lead Securitization Note Holder’s interest in such payment (all withheld amounts being deemed paid to such Note Holder), provided that the Lead Securitization Note Holder shall furnish such Non-Lead Securitization Note Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder is subject to tax.
Appears in 13 contracts
Samples: Agreement Between Note Holders (Benchmark 2022-B37 Mortgage Trust), Agreement Between Note Holders (Bank 2022-Bnk43), Agreement Between Note Holders (Bank 2022-Bnk42)
Withholding Taxes. (aa)(a) If the Lead Securitization Note Holder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any a Non-Lead Securitization Note Holder with respect to the Mortgage Loan as a result of such Non-Lead Securitization Note Holder constituting a Non-Exempt Person, such the Lead Securitization Note Holder, in its capacity as servicer, shall be entitled to do so with respect to such Non-Lead Securitization Note Holder’s interest in such payment (all withheld amounts being deemed paid to such Note Holder), provided that the Lead Securitization Note Holder shall furnish such the Non-Lead Securitization Note Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder is subject to tax.
Appears in 13 contracts
Samples: Co Lender Agreement (Bank 2023-Bnk46), Co Lender Agreement (BMO 2023-C4 Mortgage Trust), Co Lender Agreement (BBCMS Mortgage Trust 2022-C18)
Withholding Taxes. (aa)(a) If the Lead Securitization Note Holder or the any Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any Non-Lead Securitization Note Holder with respect to the Mortgage Loan as a result of such Non-Lead Securitization Note Holder constituting a Non-Exempt Person, such Lead Securitization Note Holder, in its capacity as servicer, shall be entitled to do so with respect to such Non-Lead Securitization Note Holder’s interest in such payment (all withheld amounts being deemed paid to such Note Holder), provided that the Lead Securitization Note Holder shall furnish such Non-Lead Securitization Note Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder is subject to tax.
Appears in 12 contracts
Samples: Agreement Between Note Holders (BBCMS Mortgage Trust 2024-C26), Agreement Between Note Holders (BBCMS Mortgage Trust 2024-C24), Agreement Between Note Holders (MSWF Commercial Mortgage Trust 2023-2)
Withholding Taxes. (a) If the Lead Securitization Note Holder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any a Non-Lead Securitization Note Holder with respect to the Mortgage Loan as a result of such Non-Lead Securitization Note Holder constituting a Non-Exempt Person, such the Lead Securitization Note Holder, in its capacity as servicer, shall be entitled to do so with respect to such Non-Lead Securitization Note Holder’s interest in such payment (all withheld amounts being deemed paid to such Note Holder), provided that the Lead Securitization Note Holder shall furnish such Non-Lead Securitization Note Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Non-Lead Securitization Note Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Non-Lead Securitization Note Holder is subject to tax.
Appears in 12 contracts
Samples: Co Lender Agreement (BBCMS Mortgage Trust 2024-C26), Lender Agreement (BMO 2024-C8 Mortgage Trust), Co Lender Agreement (BMO 2023-5c1 Mortgage Trust)
Withholding Taxes. (a) (a) If the Lead Securitization Note Holder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any Non-Lead Securitization Note Holder with respect to the Mortgage Loan as a result of such any Non-Lead Securitization Note Holder constituting a Non-Exempt Person, such the Lead Securitization Note Holder, in its capacity as servicer, shall be entitled to do so with respect to such Non-Lead Securitization Note Holder’s interest in such payment (all withheld amounts being deemed paid to such Note Holder), provided that the Lead Securitization Note Holder shall furnish such the related Non-Lead Securitization Note Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder is subject to tax.
Appears in 11 contracts
Samples: Co Lender Agreement (Benchmark 2020-B22 Mortgage Trust), Co Lender Agreement (Benchmark 2020-B21 Mortgage Trust), Co Lender Agreement (Benchmark 2020-B20 Mortgage Trust)
Withholding Taxes. (a) If the Lead Securitization Note Holder Noteholder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any Non-Lead Securitization Note Holder Subordinate Noteholder with respect to the Mortgage Loan as a result of such Non-Lead Securitization Note Holder Subordinate Noteholder constituting a Non-Exempt Person, such the Lead Securitization Note HolderNoteholder, in or the Servicer on its capacity as servicerbehalf, shall be entitled to do so with respect to such Non-Lead Securitization Note HolderSubordinate Noteholder’s interest in such payment (all amounts so withheld amounts being deemed paid to such Note HolderSubordinate Noteholder), provided that the Lead Securitization Note Holder Noteholder shall furnish such Non-Lead Securitization Note Holder Subordinate Noteholder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder Subordinate Noteholder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder Subordinate Noteholder is subject to tax.
Appears in 11 contracts
Samples: Agreement Between Noteholders (CF 2019-Cf2 Mortgage Trust), Agreement (CF 2019-Cf2 Mortgage Trust), Agreement (Benchmark 2019-B12 Mortgage Trust)
Withholding Taxes. (a) If the Lead Securitization Note Holder Noteholder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any Non-Lead Securitization Note Holder Subordinate Noteholder with respect to the Mortgage Loan as a result of such Non-Lead Securitization Note Holder Subordinate Noteholder constituting a Non-Exempt Person, such the Lead Securitization Note HolderNoteholder, in or the Master Servicer on its capacity as servicerbehalf, shall be entitled to do so with respect to such Non-Lead Securitization Note HolderSubordinate Noteholder’s interest in such payment (all amounts so withheld amounts being deemed paid to such Note HolderSubordinate Noteholder), provided that the Lead Securitization Note Holder Noteholder shall furnish such Non-Lead Securitization Note Holder Subordinate Noteholder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder Subordinate Noteholder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder Subordinate Noteholder is subject to tax.
Appears in 11 contracts
Samples: Agreement (BBCMS Mortgage Trust 2020-C7), Execution Version (Wells Fargo Commercial Mortgage Securities Inc), Agreement (GS Mortgage Securities Trust 2020-Gc47)
Withholding Taxes. (a) If the Lead Securitization Note Holder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any the Non-Lead Securitization Note Holder with respect to the Mortgage Loan as a result of such the Non-Lead Securitization Note Holder constituting a Non-Exempt Person, such the Lead Securitization Note Holder, in its capacity as servicer, shall be entitled to do so with respect to such each Non-Lead Securitization Note Holder’s interest in such payment (all withheld amounts being deemed paid to such Note Holder), provided that the Lead Securitization Note Holder shall furnish such the Non-Lead Securitization Note Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder is subject to tax.
Appears in 10 contracts
Samples: Agreement Between Note Holders (BMO 2024-5c3 Mortgage Trust), Agreement Between Note Holders (BBCMS Mortgage Trust 2023-5c23), Agreement Between Note Holders (BMO 2023-5c2 Mortgage Trust)
Withholding Taxes. (ae)(a) If the Lead Securitization Note Holder or the Mortgage Loan Borrower shall be is required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any a Non-Lead Securitization Note Holder with respect to the Mortgage Loan as a result of such Non-Lead Securitization Note Holder constituting a Non-Exempt Person, such the Lead Securitization Note Holder, in its capacity as servicer, shall be entitled to do so with respect to such Non-Lead Securitization Note Holder’s interest in such payment (all withheld amounts being deemed paid to such Note Holder), provided that the . The Lead Securitization Note Holder shall furnish such Non-Lead Securitization Note Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder is subject to tax.
Appears in 9 contracts
Samples: Co Lender Agreement (Benchmark 2020-B21 Mortgage Trust), Co Lender Agreement (DBJPM 2020-C9 Mortgage Trust), Co Lender Agreement (Benchmark 2020-B18 Mortgage Trust)
Withholding Taxes. (a) If the Lead Securitization Note Holder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any a Non-Lead Securitization Note Holder with respect to the Mortgage Loan as a result of such Non-Lead Securitization Note Holder constituting a Non-Exempt Person, such the Lead Securitization Note Holder, in its capacity as servicer, shall be entitled to do so with respect to such Non-Lead Securitization Note Holder’s interest in such payment (all withheld amounts being deemed paid to such Note Holder), provided that the Lead Securitization Note Holder shall furnish such each Non-Lead Securitization Note Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder is subject to tax.
Appears in 9 contracts
Samples: Co Lender Agreement (Morgan Stanley Capital I Trust 2019-L2), Co Lender Agreement (Morgan Stanley Capital I Trust 2018-H4), Co Lender Agreement (BBCMS Mortgage Trust 2018-C2)
Withholding Taxes. (a) If the Lead Securitization Note Holder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any Non-Lead Securitization a Note Holder with respect to the Mortgage Loan as a result of such Non-Lead Securitization Note Holder constituting a Non-Exempt Person, such the Lead Securitization Note Holder, in its capacity as servicer, shall be entitled to do so with respect to such Non-Lead Securitization Note Holder’s interest in such payment (all withheld amounts being deemed paid to such Note Holder), provided that the Lead Securitization Note Holder shall furnish such Non-Lead Securitization Note Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder is subject to tax.
Appears in 9 contracts
Samples: Co Lender Agreement (UBS Commercial Mortgage Trust 2017-C6), Co Lender Agreement (CSAIL 2018-Cx11 Commercial Mortgage Trust), Co Lender Agreement (UBS Commercial Mortgage Trust 2017-C6)
Withholding Taxes. (a) (a) If the Lead Securitization Note Holder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any a Non-Lead Securitization Note Holder with respect to the Mortgage Loan as a result of such Non-Lead Securitization Note Holder constituting a Non-Exempt Person, such the Lead Securitization Note Holder, in its capacity as servicer, shall be entitled to do so with respect to such Non-Lead Securitization Note Holder’s interest in such payment (all withheld amounts being deemed paid to such Note Holder), provided that the Lead Securitization Note Holder shall furnish such Non-Lead Securitization Note Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder is subject to tax.
Appears in 8 contracts
Samples: Agreement Between Note Holders (Bank 2022-Bnk39), Agreement Between Note Holders (Bank 2021-Bnk38), Agreement Between Note Holders (Wells Fargo Commercial Mortgage Trust 2021-C61)
Withholding Taxes. (a) If the Lead Securitization Note Holder Noteholder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any Non-Lead Securitization Note Holder Noteholder with respect to the Mortgage Loan as a result of such Non-Lead Securitization Note Holder Noteholder constituting a Non-Exempt Person, such the Lead Securitization Note HolderNoteholder, in or the Lead Master Servicer on its capacity as servicerbehalf, shall be entitled to do so with respect to such Non-Lead Securitization Note HolderNoteholder’s interest in such payment (all amounts so withheld amounts being deemed paid to such Note HolderNon-Lead Securitization Noteholder), provided that the Lead Securitization Note Holder Noteholder shall furnish such Non-Lead Securitization Note Holder Noteholder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder Non-Lead Noteholder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder Non-Lead Noteholder is subject to tax.
Appears in 8 contracts
Samples: Amended And (Bank5 2023-5yr3), Agreement Between Noteholders (BBCMS Mortgage Trust 2023-C21), Amended And (BMO 2023-C6 Mortgage Trust)
Withholding Taxes. (a) If the Lead Securitization a Note A Holder or the Mortgage Loan Borrower shall be required by applicable law to deduct and withhold Taxes from interest, fees or other amounts payable to any Non-Lead Securitization Note B Holder with respect to the Mortgage Loan as a result of such Non-Lead Securitization Note B Holder constituting a Non-Exempt Person, such the Lead Securitization Note HolderNoteholder, in its capacity as servicer, shall be entitled to do so with respect to such Non-Lead Securitization Note B Holder’s interest in such payment (all withheld amounts being deemed paid to such Note B Holder), ; provided that the Note A Holder or the Mortgage Loan Borrower, as applicable, shall timely pay the full amount deducted or withheld to the relevant governmental authority in accordance with applicable law and the Lead Securitization Note Holder Noteholder shall furnish such Non-Lead Securitization Note B Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note B Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note B Holder is subject to tax.
Appears in 6 contracts
Samples: Agreement Between Noteholders (Benchmark 2018-B1 Mortgage Trust), Agreement Between Noteholders (JPMDB Commercial Mortgage Securities Trust 2017-C7), Agreement Between Noteholders (JPMCC Commercial Mortgage Securities Trust 2017-Jp7)
Withholding Taxes. (a) If the Lead Securitization Note Holder or the Mortgage Loan Borrower shall be Borrowers is required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any a Non-Lead Securitization Note Holder with respect to the Mortgage Loan as a result of such Non-Lead Securitization Note Holder constituting a Non-Exempt Person, such the Lead Securitization Note Holder, in its capacity as servicer, shall be entitled to do so with respect to such Non-Lead Securitization Note Holder’s interest in such payment (all withheld amounts being deemed paid to such Note Holder), provided that the . The Lead Securitization Note Holder shall furnish such Non-Lead Securitization Note Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder is subject to tax.
Appears in 6 contracts
Samples: Co Lender Agreement (BBCMS Mortgage Trust 2019-C4), Co Lender Agreement (Benchmark 2019-B12 Mortgage Trust), Co Lender Agreement (JPMCC Commercial Mortgage Securities Trust 2019-Cor5)
Withholding Taxes. (a) If the Lead Securitization Note Holder Noteholder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any Non-Lead Securitization Noteholder or the Note B Holder with respect to the Mortgage Loan as a result of such any Non-Lead Securitization Noteholder or the Note B Holder constituting a Non-Exempt Person, such the Lead Securitization Note HolderNoteholder, in its capacity as servicerServicer, shall be entitled to do so with respect to such Non-Lead Securitization Noteholder’s or the Note B Holder’s interest in such payment (all withheld amounts being deemed paid to such Note HolderNoteholder), provided that the Lead Securitization Note Holder Noteholder shall furnish such Non-Lead Securitization Note Holder Noteholder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder Noteholder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder Noteholder is subject to tax.
Appears in 5 contracts
Samples: Agreement Between Noteholders (CSAIL 2019-C18 Commercial Mortgage Trust), Agreement Between Noteholders (BBCMS Mortgage Trust 2019-C5), Agreement Between Noteholders (CSAIL 2019-C16 Commercial Mortgage Trust)
Withholding Taxes. (a) If the Lead Securitization Note Holder Noteholder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any Non-Lead Securitization Note Holder Noteholder or any Junior Noteholder with respect to the Mortgage Loan as a result of such any Non-Lead Securitization Note Holder Noteholder or any Junior Noteholder constituting a Non-Exempt Person, such the Lead Securitization Note HolderNoteholder, in its capacity as servicerServicer, shall be entitled to do so with respect to such Non-Lead Securitization Note HolderNoteholder’s or Junior Noteholder’s interest in such payment (all withheld amounts being deemed paid to such Note HolderNoteholder), provided that the Lead Securitization Note Holder Noteholder shall furnish such Non-Lead Securitization Note Holder Noteholder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder Noteholder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder Noteholder is subject to tax.
Appears in 5 contracts
Samples: Agreement Between Noteholders (Bank of America Merrill Lynch Commercial Mortgage Trust 2017-Bnk3), Agreement Between Noteholders (Wells Fargo Commercial Mortgage Trust 2016-C37), Agreement Between Noteholders (Citigroup Commercial Mortgage Trust 2016-P6)
Withholding Taxes. (a) (a) If the Lead Securitization Note Holder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any Non-Lead Securitization Controlling Note Holder with respect to the Mortgage Loan as a result of such Non-Lead Securitization Controlling Note Holder constituting a Non-Exempt Person, such the Lead Securitization Note Holder, in its capacity as servicer, shall be entitled to do so with respect to such Non-Lead Securitization Controlling Note Holder’s interest in such payment (all withheld amounts being deemed paid to such Note Holder), provided that the Lead Securitization Note Holder shall furnish such Non-Lead Securitization Controlling Note Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder is subject to tax.
Appears in 5 contracts
Samples: Co Lender Agreement (Benchmark 2022-B35 Mortgage Trust), Co Lender Agreement (Bank 2022-Bnk41), Co Lender Agreement (Benchmark 2022-B34 Mortgage Trust)
Withholding Taxes. (a) (a) If the Lead Securitization Note Holder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any a Non-Lead Securitization Note Holder with respect to the Mortgage Loan as a result of such Non-Lead Securitization Note Holder constituting a Non-Exempt Person, such the Lead Securitization Note Holder, in its capacity as servicer, shall be entitled to do so with respect to such Non-Lead Securitization Note Holder’s interest in such payment (all withheld amounts being deemed paid to such Note Holder), provided that the Lead Securitization Note Holder shall furnish such the Non-Lead Securitization Note Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder is subject to tax.
Appears in 5 contracts
Samples: Co Lender Agreement (Wells Fargo Commercial Mortgage Trust 2022-C62), Co Lender Agreement (Morgan Stanley Capital I Trust 2022-L8), Co Lender Agreement (GS Mortgage Securities Trust 2019-Gsa1)
Withholding Taxes. (a) If the Lead Securitization Note A-1 Holder, the Note A-2 Holder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any Non-Lead Securitization the Note B Holder with respect to the Mortgage Loan as a result of such Non-Lead Securitization the Note B Holder constituting a Non-Exempt Person, such Lead Securitization the Note A-1 Holder, in its capacity as servicer, shall be entitled to do so with respect to such Non-Lead Securitization the Note B Holder’s interest in such payment (all withheld amounts being deemed paid to such the Note B Holder), provided that the Lead Securitization Note Holder Noteholder shall furnish such Non-Lead Securitization Note B Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note B Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such the Note B Holder is subject to tax.
Appears in 5 contracts
Samples: Agreement (CD 2018-Cd7 Mortgage Trust), Agreement (Wells Fargo Commercial Mortgage Trust 2018-C45), Agreement (Citigroup Commercial Mortgage Trust 2018-C5)
Withholding Taxes. (a) If the Lead Securitization Note Holder Noteholder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any Non-Lead Securitization Note Holder Subordinate Fixed Rate Noteholder with respect to the Mortgage Loan as a result of such Non-Lead Securitization Note Holder Subordinate Fixed Rate Noteholder constituting a Non-Exempt Person, such the Lead Securitization Note HolderNoteholder, in or the Servicer on its capacity as servicerbehalf, shall be entitled to do so with respect to such Non-Lead Securitization Note HolderSubordinate Fixed Rate Noteholder’s interest in such payment (all withheld amounts being deemed paid to such Note HolderSubordinate Fixed Rate Noteholder), provided that the Lead Securitization Note Holder Noteholder shall furnish such Non-Lead Securitization Note Holder Subordinate Fixed Rate Noteholder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder Subordinate Fixed Rate Noteholder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder Subordinate Fixed Rate Noteholder is subject to tax.
Appears in 4 contracts
Samples: Agreement Between Noteholders (Benchmark 2020-B19 Mortgage Trust), Agreement Between Noteholders (DBJPM 2020-C9 Mortgage Trust), Agreement Between Noteholders (Benchmark 2020-B18 Mortgage Trust)
Withholding Taxes. (a) If the Lead Securitization Note Holder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any a Non-Lead Securitization Note Holder with respect to the Mortgage Loan as a result of such Non-Lead Securitization Note Holder constituting a Non-Exempt Person, such the Lead Securitization Note Holder, in its capacity as servicer, shall be entitled to do so with respect to such Non-Lead Securitization Note Holder’s interest in such payment (all withheld amounts being deemed paid to such Note Holder), provided that the Lead Securitization Note Holder shall furnish such Non-Lead Securitization Note Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder is subject to tax.
Appears in 4 contracts
Samples: Co Lender Agreement (GS Mortgage Securities Trust 2019-Gc40), Co Lender Agreement (Benchmark 2019-B11 Mortgage Trust), Co Lender Agreement (GS Mortgage Securities Trust 2019-Gc39)
Withholding Taxes. (aa)(a) If the Lead Securitization Note Holder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any Non-Lead Securitization Controlling Note Holder with respect to the Mortgage Loan as a result of such Non-Lead Securitization Controlling Note Holder constituting a Non-Exempt Person, such the Lead Securitization Note Holder, in its capacity as servicer, shall be entitled to do so with respect to such Non-Lead Securitization Controlling Note Holder’s interest in such payment (all withheld amounts being deemed paid to such Note Holder), provided that the Lead Securitization Note Holder shall furnish such Non-Lead Securitization Controlling Note Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder is subject to tax.
Appears in 4 contracts
Samples: Agreement Between Note Holders (Bank 2020-Bnk26), Co Lender Agreement (Bank 2020-Bnk25), Co Lender Agreement (Bank 2019-Bnk24)
Withholding Taxes. (a) If the Lead Securitization Note A-1 Holder, the Note A-2 Holder or the Note A-3 Holder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any Non-Lead Securitization a Note B Holder with respect to the Mortgage Loan as a result of such Non-Lead Securitization Note B Holder constituting a Non-Exempt Person, such the Lead Securitization Note HolderNoteholder, in its capacity as servicer, shall be entitled to do so with respect to such Non-Lead Securitization Note B Holder’s interest in such payment (all withheld amounts being deemed paid to such Note B Holder), provided that the Lead Securitization Note Holder Noteholder shall furnish such Non-Lead Securitization Note B Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note B Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note B Holder is subject to tax.
Appears in 3 contracts
Samples: Agreement (JPMCC Commercial Mortgage Securities Trust 2017-Jp7), Agreement (DBJPM 2017-C6 Mortgage Trust), Agreement Between Noteholders (JPMCC Commercial Mortgage Securities Trust 2017-Jp6)
Withholding Taxes. (a) If the Lead Securitization Note Holder or the Mortgage Loan Borrower shall be is required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any a Non-Lead Securitization Note Holder with respect to the Mortgage Loan as a result of such Non-Lead Securitization Note Holder constituting a Non-Exempt Person, such the Lead Securitization Note Holder, in its capacity as servicer, shall be entitled to do so with respect to such Non-Lead Securitization Note Holder’s interest in such payment (all withheld amounts being deemed paid to such Note Holder), provided that the . The Lead Securitization Note Holder shall furnish such Non-Lead Securitization Note Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder is subject to tax.
Appears in 3 contracts
Samples: Co Lender Agreement (Benchmark 2020-B17 Mortgage Trust), Co Lender Agreement (Benchmark 2020-Ig1 Mortgage Trust), Co Lender Agreement (Benchmark 2020-B16 Mortgage Trust)
Withholding Taxes. (a) If the Lead Securitization Note A-1 Holder, the Note A-2 Holder, the Note A-3 Holder, the Note A-4 Holder or the Note A-5 Holder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any Non-Lead Securitization the Note B Holder with respect to the Mortgage Loan as a result of such Non-Lead Securitization Note B Holder constituting a Non-Exempt Person, such Lead Securitization the Note A-1 Holder, in its capacity as servicer, shall be entitled to do so with respect to such Non-Lead Securitization Note B Holder’s interest in such payment (all withheld amounts being deemed paid to such Note B Holder), provided that the Lead Securitization Note Holder Noteholder shall furnish such Non-Lead Securitization Note B Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note B Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such the Note B Holder is subject to tax.
Appears in 3 contracts
Samples: Agreement Between Noteholders (JPMCC Commercial Mortgage Securities Trust 2017-Jp6), Agreement Between Noteholders (JPMCC Commercial Mortgage Securities Trust 2017-Jp5), Agreement Between Noteholders (JPMDB Commercial Mortgage Securities Trust 2016-C4)
Withholding Taxes. (a) (a) If the Lead Securitization Note Holder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any the Non-Lead Securitization Note Holder with respect to the Mortgage Loan as a result of such the Non-Lead Securitization Note Holder constituting a Non-Exempt Person, such the Lead Securitization Note Holder, in its capacity as servicer, shall be entitled to do so with respect to such the Non-Lead Securitization Note Holder’s interest in such payment (all withheld amounts being deemed paid to such Note Holder), provided that the Lead Securitization Note Holder shall furnish such the Non-Lead Securitization Note Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder is subject to tax.
Appears in 3 contracts
Samples: Agreement Between Note Holders (BBCMS Mortgage Trust 2021-C12), Agreement Between Note Holders (BBCMS Mortgage Trust 2021-C11), Agreement Between Note Holders (BBCMS Mortgage Trust 2018-C2)
Withholding Taxes. (a) If the Lead Securitization Note Holder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any Non-Lead Securitization Note Holder with respect to the Mortgage Loan as a result of such Non-Lead Securitization Note Holder constituting a Non-Exempt Person, such the Lead Securitization Note Holder, in its capacity as servicer, shall be entitled to do so with respect to such Non-Lead Securitization Note Holder’s interest in such payment (all withheld amounts being deemed paid to such Note Holder), provided that the Lead Securitization Note Holder shall furnish such the applicable Non-Lead Securitization Note Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder is subject to tax.
Appears in 3 contracts
Samples: Co Lender Agreement (Morgan Stanley Capital I Trust 2015-Ubs8), Co Lender Agreement (CSAIL 2015-C3 Commercial Mortgage Trust), Co Lender Agreement (Bank of America Merrill Lynch Commercial Mortgage Trust 2015-Ubs7)
Withholding Taxes. (a) (a) If the Lead Securitization Note Holder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any a Non-Lead Securitization Note Holder with respect to the Mortgage Loan as a result of such Non-Lead Securitization Note Holder constituting a Non-Exempt Person, such the Lead Securitization Note Holder, in its capacity as servicer, shall be entitled to do so with respect to such Non-Lead Securitization Note Holder’s interest in such payment (all withheld amounts being deemed paid to such Note Holder), provided that the Lead Securitization Note Holder shall furnish such each Non-Lead Securitization Note Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder is subject to tax.
Appears in 3 contracts
Samples: Co Lender Agreement (BBCMS Mortgage Trust 2018-C2), Co Lender Agreement (Morgan Stanley Capital I Trust 2018-L1), Co Lender Agreement (CD 2018-Cd7 Mortgage Trust)
Withholding Taxes. (a) If the Lead Securitization Note Holder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any Non-Lead Securitization Note Holder or the Note B Holder with respect to the Mortgage Loan as a result of such any Non-Lead Securitization Note Holder or the Note B Holder constituting a Non-Exempt Person, such the Lead Securitization Note Holder, in its capacity as servicerServicer, shall be entitled to do so with respect to such Non-Lead Securitization Note Holder’s or Note B Holder’s interest in such payment (all withheld amounts being deemed paid to such Note HolderNoteholder), provided that the Lead Securitization Note Holder shall furnish such Non-Lead Securitization Note Holder Noteholder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder Noteholder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder Noteholder is subject to tax.
Appears in 3 contracts
Samples: Agreement Between Noteholders (Citigroup Commercial Mortgage Trust 2017-P7), Agreement Between Noteholders (CSMC 2016-NXSR Commercial Mortgage Trust), Agreement Between Noteholders (Wells Fargo Commercial Mortgage Trust 2016-Nxs6)
Withholding Taxes. (a) If the Lead Securitization Note Holder Noteholder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any the Non-Lead Securitization Note Holder Noteholder with respect to the Mortgage Loan as a result of such the Non-Lead Securitization Note Holder Noteholder constituting a Non-Exempt Person, such the Lead Securitization Note HolderNoteholder, in its capacity as servicer, shall be entitled to do so with respect to such the Non-Lead Securitization Note Holder’s Noteholder's interest in such payment (all withheld amounts being deemed paid to such Note Holderthe Non-Lead Securitization Noteholder), provided that the Lead Securitization Note Holder Noteholder shall furnish such Non-Lead Securitization Note Holder Noteholder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder Non-Lead Securitization Noteholder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder the Non-Lead Securitization Noteholder is subject to tax.
Appears in 2 contracts
Samples: Agreement Among Noteholders (Wells Fargo Commercial Mortgage Trust 2017-Rb1), Agreement Among Noteholders (BBCMS Mortgage Trust 2017-C1)
Withholding Taxes. (a) If the Lead Securitization Note Holder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any Non-Lead Securitization Note Holder with respect to the Mortgage Loan as a result of such Non-Lead Securitization Note Holder constituting a Non-Non- Exempt Person, such the Lead Securitization Note Holder, in its capacity as servicer, shall be entitled to do so with respect to such Non-Lead Securitization Note Holder’s interest in such payment (all withheld amounts being deemed paid to such Note Holder), provided that the Lead Securitization Note Holder shall furnish such Non-Lead Securitization Note Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder is subject to tax.
Appears in 2 contracts
Samples: Co Lender Agreement (BMO 2024-5c4 Mortgage Trust), Co Lender Agreement (Benchmark 2021-B23 Mortgage Trust)
Withholding Taxes. (a) If the Lead Securitization Note Holder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any the Non-Lead Securitization Note Holder or Note A-3 Holder with respect to the Mortgage Loan as a result of such the Non-Lead Securitization Note Holder or Note A-3 Holder constituting a Non-Exempt Person, such the Lead Securitization Note Holder, in its capacity as servicer, shall be entitled to do so on a pro rata basis with respect to such the Non-Lead Securitization Note Holder’s interest or Note A-3 Holder’s interest, as applicable, in such payment (all withheld amounts being deemed paid to such Note Holder), provided that the Lead Securitization Note Holder shall furnish such the Non-Lead Securitization Note Holder or Note A-3 Holder, as applicable, with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder is subject to tax.
Appears in 2 contracts
Samples: Co Lender Agreement, Co Lender Agreement (Morgan Stanley Capital I Trust 2017-H1)
Withholding Taxes. (a) If the Lead Securitization Note Holder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any Non-Lead Securitization a Note Holder with respect to the Mortgage Loan as a result of such Non-Lead Securitization Note Holder constituting a Non-Exempt Person, such the Lead Securitization Note Holder, in its capacity as servicer, shall be entitled to do so with respect to such Non-Lead Securitization Note Notes Holder’s interest in such payment (all withheld amounts being deemed paid to such Note Holder), provided that the Lead Securitization Note Holder shall furnish such Non-Lead Securitization Note Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder is subject to tax.
Appears in 2 contracts
Samples: Co Lender Agreement (CSAIL 2018-Cx11 Commercial Mortgage Trust), Co Lender Agreement (UBS Commercial Mortgage Trust 2017-C7)
Withholding Taxes. (a) If the Lead Securitization Note Holder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any Non-Lead Securitization Note Holder with respect to the Mortgage Loan as a result of such any Non-Lead Securitization Note Holder constituting a Non-Exempt Person, such the Lead Securitization Note Holder, in its capacity as servicerServicer, shall be entitled to do so with respect to such Non-Lead Securitization Note Holder’s interest in such payment (all withheld amounts being deemed paid to such Note Holder), provided that the Lead Securitization Note Holder shall furnish such the related Non-Lead Securitization Note Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder is subject to tax.
Appears in 2 contracts
Samples: Lender Agreement (JPMCC Commercial Mortgage Securities Trust 2016-Jp2), Co Lender Agreement (SG Commercial Mortgage Securities Trust 2016-C5)
Withholding Taxes. (a) If the Lead Securitization Note Holder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any a Non-Lead Securitization Note Holder with respect to the Mortgage Loan as a result of such Non-Lead Securitization Note Holder constituting a Non-Exempt Person, such the Lead Securitization Note Holder, in its capacity as servicer, shall be entitled to do so with respect to such Non-Lead Securitization Note Holder’s interest in such payment (all withheld amounts being deemed paid to such Note Holder), provided that the Lead Securitization Note Holder shall furnish such Non-Lead Securitization Note Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder is subject to tax.
Appears in 2 contracts
Samples: Agreement Between Noteholders (Citigroup Commercial Mortgage Trust 2016-C2), Agreement Between Noteholders (CSAIL 2016-C6 Commercial Mortgage Trust)
Withholding Taxes. (a) If the Lead Securitization Note Holder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any Non-Lead Securitization Note Holder with respect to the Mortgage Loan as a result of such a Non-Lead Securitization Note Holder constituting a Non-Exempt Person, such the Lead Securitization Note Holder, in its capacity as servicer, shall be entitled to do so with respect to such Non-Lead Securitization Note Holder’s interest in such payment (all withheld amounts being deemed paid to such Note Holder), provided that the Lead Securitization Note Holder shall furnish such the applicable Non-Lead Securitization Note Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder is subject to tax.
Appears in 2 contracts
Samples: Agreement Between Note Holders (BBCMS Mortgage Trust 2022-C15), Agreement Between Note Holders (BBCMS Mortgage Trust 2022-C14)
Withholding Taxes. (a) If the Lead Securitization Note Holder Senior Noteholder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any the Non-Lead Securitization Senior Noteholder or the Note A-B Holder with respect to the Mortgage Loan as a result of such Nonthe Lead Senior Noteholder or the Note A-Lead Securitization Note B Holder constituting a Non-Exempt Person, such the Lead Securitization Note Holder, Senior Noteholder in its capacity as servicer, shall be entitled to do so with respect to such the Non-Lead Securitization Senior Noteholder’s or the Note A-B Holder’s interest in such payment (all withheld amounts being deemed paid to such the Non-Lead Senior Noteholder or the Note A-B Holder), provided that the Lead Securitization Note Holder Senior Noteholder shall furnish such the Non-Lead Securitization Senior Noteholder or the Note A-B Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such the Non-Lead Senior Noteholder or the Note A-B Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such the Non-Lead Senior Noteholder or the Note A-B Holder is subject to tax.
Appears in 2 contracts
Samples: Lender Agreement (BMO 2023-C4 Mortgage Trust), Lender Agreement (BBCMS Mortgage Trust 2022-C18)
Withholding Taxes. (a) If the Lead Securitization Note Holder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any Non-Lead Securitization Note Holder with respect to the Mortgage Loan as a result of such Non-Lead Securitization Note Holder constituting a such Non-Exempt Person, such the Lead Securitization Note Holder, in its capacity as servicer, shall be entitled to do so with respect to such Non-Lead Securitization Note Holder’s interest in such payment (all withheld amounts being deemed paid to such Note Holder), provided that the Lead Securitization Note Holder shall furnish such Non-Lead Securitization Note Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder is subject to tax.
Appears in 2 contracts
Samples: Agreement Between Note Holders (Morgan Stanley Bank of America Merrill Lynch Trust 2015-C25), Agreement Between Note Holders (JPMBB Commercial Mortgage Securities Trust 2015-C31)
Withholding Taxes. (a) If the Lead Securitization Note Holder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any Non-Lead Securitization Note Holder with respect to the Mortgage Loan as a result of such Non-Lead Securitization Note Holder constituting a Non-Exempt Person, such the Lead Securitization Note Holder, in its capacity as servicer, shall be entitled to do so with respect to such Non-Lead Securitization Note Holder’s interest in such payment (all withheld amounts being deemed paid to such Note Holder), provided that the . The Lead Securitization Note Holder shall furnish such Non-Lead Securitization Note Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder is subject to tax.
Appears in 2 contracts
Samples: Co Lender Agreement (Bank 2018-Bnk14), Co Lender Agreement (Bank 2018-Bnk13)
Withholding Taxes. (a) If the Lead Securitization Note Group Holder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any a Non-Lead Securitization Note Group Holder with respect to the Mortgage Loan as a result of such Non-Lead Securitization Note Group Holder constituting a Non-Exempt Person, such the Lead Securitization Note Group Holder, in its capacity as servicer, shall be entitled to do so with respect to such Non-Lead Securitization Note Group Holder’s interest in such payment (all withheld amounts being deemed paid to such Note Holder), provided that the Lead Securitization Note Group Holder shall furnish such Non-Lead Securitization Note Group Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder is subject to tax.
Appears in 2 contracts
Samples: Co Lender Agreement (CSAIL 2015-C3 Commercial Mortgage Trust), Co Lender Agreement (CSAIL 2015-C3 Commercial Mortgage Trust)
Withholding Taxes. (aa)(a) If the Lead Securitization Note Holder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any Non-Lead Securitization Note Holder with respect to the -42- Mortgage Loan as a result of such Non-Lead Securitization Note Holder constituting a Non-Exempt Person, such Lead Securitization Note Holder, in its capacity as servicer, shall be entitled to do so with respect to such Non-Lead Securitization Note Holder’s interest in such payment (all withheld amounts being deemed paid to such Note Holder), provided that the Lead Securitization Note Holder shall furnish such Non-Lead Securitization Note Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder is subject to tax.
Appears in 2 contracts
Samples: Agreement Between Note Holders (Citigroup Commercial Mortgage Trust 2022-Gc48), Agreement Between Note Holders (Benchmark 2022-B35 Mortgage Trust)
Withholding Taxes. (a) If the Lead Securitization Note Holder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any Non-Lead Securitization Note Holder with respect to the Mortgage Loan as a result of such Non-Lead Securitization Note Holder constituting a Non-Exempt Person, such Lead Securitization Note Holder, in its capacity as servicer, shall be entitled to do so deduct and withhold with respect to such Non-Lead Securitization Note Holder’s interest in such payment (all withheld amounts being deemed paid to such Note Holder), provided that the Lead Securitization Note Holder shall furnish such Non-Lead Securitization Note Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder is subject to tax.
Appears in 2 contracts
Samples: Agreement Between Note Holders (Wells Fargo Commercial Mortgage Trust 2018-C43), Agreement Between Note Holders (UBS Commercial Mortgage Trust 2018-C8)
Withholding Taxes. (a) If the Lead Securitization Note Holder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any the Non-Lead Securitization Note Holder with respect to the Mortgage Loan as a result of such the Non-Lead Securitization Note Holder constituting a Non-Exempt Person, such the Lead Securitization Note Holder, in its capacity as servicer, shall be entitled to do so with respect to such Non-Lead Securitization Note Holder’s interest in such payment (all withheld amounts being deemed paid to such Note Holder), provided that the Lead Securitization Note Holder shall furnish such Non-Lead Securitization Note Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder is subject to tax.
Appears in 1 contract
Samples: Co Lender Agreement (JPMDB Commercial Mortgage Securities Trust 2016-C2)
Withholding Taxes. (aa)(a) If the Lead Securitization Note Holder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any a Non-Lead Securitization Note Holder with respect to the Mortgage Loan as a result of such Non-Lead Securitization Note Holder constituting a Non-Exempt Person, such the Lead Securitization Note Holder, in its capacity as servicer, shall be entitled to do so with respect to such Non-Lead Securitization Note Holder’s interest in such payment (all withheld amounts being deemed paid to such Note Holder), provided that the Lead Securitization Note Holder shall furnish such each Non-Lead Securitization Note Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder is subject to tax.
Appears in 1 contract
Samples: Co Lender Agreement (JPMDB Commercial Mortgage Securities Trust 2018-C8)
Withholding Taxes. (a) If the Lead Securitization Note Holder Noteholder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any Non-Lead Securitization Note Holder Noteholder with respect to the Mortgage Loan as a result of such Non-Lead Securitization Note Holder Noteholder constituting a Non-Exempt Person, such the Lead Securitization Note HolderNoteholder, in or the Lead Master 107 Servicer on its capacity as servicerbehalf, shall be entitled to do so with respect to such Non-Lead Securitization Note HolderNoteholder’s interest in such payment (all amounts so withheld amounts being deemed paid to such Note HolderNon-Lead Securitization Noteholder), provided that the Lead Securitization Note Holder Noteholder shall furnish such Non-Lead Securitization Note Holder Noteholder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder Non-Lead Noteholder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder Non-Lead Noteholder is subject to tax.
Appears in 1 contract
Samples: Amended and Restated Agreement Between Noteholders (Bank5 2023-5yr2)
Withholding Taxes. (a) If the Lead Securitization Note Holder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any a Non-Lead Securitization Note Holder with respect to the Mortgage Loan as a result of such Non-Lead Securitization Note Holder constituting a Non-Exempt Person, such the Lead Securitization Note Holder, in its capacity as servicer, shall be entitled to do so with respect to such Non-Lead Securitization Note Holder’s 's interest in such payment (all withheld amounts being deemed paid to such Note Holder), provided that the Lead Securitization Note Holder shall furnish such Non-Lead Securitization Note Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder is subject to tax.
Appears in 1 contract
Samples: Co Lender Agreement (COMM 2015-Ccre25 Mortgage Trust)
Withholding Taxes. (a) If the Lead Securitization Note Holder a Senior Noteholder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any Non-Lead Securitization the Note B Holder with respect to the Mortgage Loan as a result of such Non-Lead Securitization the Note B Holder constituting a Non-Exempt Non‑Exempt Person, such the Lead Securitization Note Holder, in Noteholder (or the Servicer on its capacity as servicer, behalf) shall be entitled to do so with respect to such Non-Lead Securitization the Note B Holder’s interest in such payment (all withheld amounts being deemed paid to such the Note B Holder), provided that the Lead Securitization Note Holder Noteholder (or the Servicer on its behalf) shall furnish such Non-Lead Securitization Note B Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note B Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such the Note B Holder is subject to tax.
Appears in 1 contract
Samples: Amended and Restated Agreement (3650R 2022-Pf2 Commercial Mortgage Trust)
Withholding Taxes. (a) If the Lead Securitization Note A-1 Holder, the Note A-2 Holder, the Note A-3 Holder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any Non-Lead Securitization the Note B Holder with respect to the Mortgage Loan as a result of such Non-Lead Securitization the Note B Holder constituting a Non-Exempt Person, such the Lead Securitization Note Holder, in its capacity as servicer, shall be entitled to do so with respect to such Non-Lead Securitization the Note B Holder’s interest in such payment (all withheld amounts being deemed paid to such the Note B Holder), provided that the Lead Securitization Note Holder shall furnish such Non-Lead Securitization Note B Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note B Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such the Note B Holder is subject to tax.
Appears in 1 contract
Samples: Agreement Between Noteholders (CSAIL 2015-C3 Commercial Mortgage Trust)
Withholding Taxes. (a) If the Lead Securitization Note Holder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any Non-Lead Securitization Note Holder Holders with respect to the Mortgage Loan as a result of such Non-Lead Securitization Note Holder constituting a Non-Exempt Person, such Lead Securitization Note Holder, in its capacity as servicer, shall be entitled to do so with respect to such Non-Lead Securitization Note Holder’s interest in such payment (all withheld amounts being deemed paid to such Note Holder), provided that the Lead Securitization Note Holder shall furnish such Non-Lead Securitization Note Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder is subject to tax.
Appears in 1 contract
Samples: Agreement Between Note Holders (Bank of America Merrill Lynch Commercial Mortgage Trust 2015-Ubs7)
Withholding Taxes. (a) If the Lead Securitization Note A Holder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any Non-Lead Securitization the Note B Holder with respect to the Mortgage Loan as a result of such Non-Lead Securitization Note B Holder constituting a Non-Exempt Person, such Lead Securitization the Note A Holder, in its capacity as servicer, shall be entitled to do so with respect to such Non-Lead Securitization Note B Holder’s interest in such payment (all withheld amounts being deemed paid to such Note B Holder), provided that the Lead Securitization Note A Holder shall furnish such Non-Lead Securitization Note B Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note B Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such the Note B Holder is subject to tax.
Appears in 1 contract
Withholding Taxes. (a) If the Lead Securitization Note Holder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any Non-Lead Securitization Note Holder with respect to the Mortgage Loan as a result of such Non-Lead Securitization Note Holder constituting a Non-Exempt Person, such Lead Securitization Note Holder, in its capacity as servicer, shall be entitled to do so with respect to such Non-Lead Securitization Note Holder’s 's interest in such payment (all withheld amounts being deemed paid to such Note Holder), provided that the Lead Securitization Note Holder shall furnish such Non-Lead Securitization Note Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder is subject to tax.
Appears in 1 contract
Samples: Agreement Between Note Holders (Benchmark 2023-V3 Mortgage Trust)
Withholding Taxes. (a) If the Lead Securitization Note Holder Noteholder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any Non-Lead Securitization Noteholder or the Note A-2 Holder with respect to the Mortgage Loan as a result of such any Non-Lead Securitization Noteholder or the Note A-2 Holder constituting a Non-Exempt Person, such the Lead Securitization Note HolderNoteholder, in its capacity as servicerServicer, shall be entitled to do so with respect to such Non-Lead Securitization Noteholder’s or the Note A-2 Holder’s interest in such payment (all withheld amounts being deemed paid to such Note HolderNoteholder), provided that the Lead Securitization Note Holder Noteholder shall furnish such Non-Lead Securitization Note Holder Noteholder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder Noteholder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder Noteholder is subject to tax.
Appears in 1 contract
Withholding Taxes. (aa)(a) If the Lead Securitization Note Holder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any a Non-Lead Securitization Note Holder with respect to the Mortgage Loan as a result of such Non-Lead Securitization Note Holder constituting a Non-Exempt Person, such the Lead Securitization Note Holder, in its capacity as servicer, shall be entitled to do so with respect to such Non-Lead Securitization Note Holder’s interest in such payment (all withheld amounts being deemed paid to such Note Holder), provided that the Lead Securitization Note Holder shall furnish such the applicable Non-Lead Securitization Note Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder is subject to tax.
Appears in 1 contract
Samples: Co Lender Agreement (Benchmark 2019-B12 Mortgage Trust)
Withholding Taxes. (a) If the Lead Securitization Note Holder or the Mortgage Loan Borrower shall be required by law to deduct and withhold Taxes from interest, fees or other amounts payable to any Non-Lead Securitization Note Holder with respect to the Mortgage Loan as a result of such Non-Lead Securitization Note Holder constituting a Non-Exempt Person, such Lead Securitization Note Holder, in its capacity as servicer, shall be entitled to do so with respect to such Non-Lead Securitization Note Holder’s 's interest in such payment (all withheld amounts being deemed paid to such Note Holder), provided that the Lead Securitization AGREEMENT BETWEEN NOTE HOLDERS 1000-00/Xxxxxx Xxxxxxxxx (CA) - PAGE 45 Note Holder shall furnish such Non-Lead Securitization Note Holder with a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested for purposes of assisting such Note Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction in which such Note Holder is subject to tax.
Appears in 1 contract
Samples: Agreement Between Note Holders (Benchmark 2023-V4 Mortgage Trust)
