Retaining Party definition

Retaining Party. Each of CREFI as holder of the VRR1 Interest, GS Bank as holder of the VRR2 Interest, DBNY as holder of the VRR3 Interest, and the Third Party Purchaser as holder of the HRR Interest, and any successor holder of all or part of the VRR1 Interest, the VRR2 Interest, the VRR3 Interest or the HRR Interest.

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Retaining Party. Each of CREFI, acting as initial holder of the CREFI VRR Interest Portion, GS Bank, acting as initial owner of the GS Bank VRR Interest Portion, BBPLC, acting as initial holder of the BCREI VRR Interest Portion, BMO H▇▇▇▇▇, acting as initial holder of the BMO H▇▇▇▇▇ Interest Portion, and any successor holder of all or part of the Combined VRR Interest.

Retaining Party. Any Mortgage Loan Seller or its Majority-Owned Affiliate as the initial holder of all or part of the Combined VRR Interest, the Third Party Purchaser or its Majority-Owned Affiliate as holder of the HRR Interest, the applicable Mortgage Loan Seller or its Majority-Owned Subsidiary as holder of a Loan-Specific VRR Interest and a Loan-Specific Third Party Purchaser or its Majority-Owned Affiliate as holder of a Loan-Specific HRR Interest, and any successor holder of all or part of the Combined VRR Interest, the HRR Interest, a Loan-Specific VRR Interest or a Loan-Specific HRR Interest.

Examples of Retaining Party in a sentence

• The Certificate Administrator shall make available to the Retaining Party its account information as mutually agreed upon by the Certificate Administrator and such Retaining Party, and in accordance with the Certificate Administrator’s policies and procedures.

• No amounts distributable to the holders of the Risk Retention Certificates shall be remitted to the Retained Certificate Safekeeping Account, but shall be remitted directly to the Retaining Party in accordance with written instructions provided separately by the Retaining Party to the Certificate Administrator on the Closing Date.

• In addition, on and after the date hereof, the Certificate Administrator may establish any number of subaccounts to the Retained Certificate Safekeeping Account for the Retaining Party.

• During the Transfer Restriction Period and for such longer time as the Retaining Party may request, the Certificate Administrator shall hold the Definitive Certificates representing the Risk Retention Certificates at the below location, or any other location; provided the Certificate Administrator has given notice to the Retaining Party of such new location: Computershare Trust Company, National Association Attn: Trust Vault St. ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇▇.

• Under no circumstances by virtue of safekeeping the Risk Retention Certificates shall the Certificate Administrator be obligated to bring legal action or institute proceedings against any person on behalf of the Retaining Party.

More Definitions of Retaining Party

Retaining Party. Starwood Conduit CMBS Vertical Retention I LLC, as Holder of the VRR Interest, Starwood CMBS Horizontal Retention CGCMT 2019-C7 LLC, as Holder of the HRR Interest, and the ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ Retaining Third Party Purchaser, as Holder of the Class 805H Certificates and, in each case, including any successor Holder of the applicable Certificates, individually or collectively as the context may require.

Retaining Party. NREC, acting as Holder of the RR Interest, and any successor Holder of all or part of the RR Interest.

Retaining Party. Each of CREFI as holder of the VRR1 Interest, DBNY as holder of the VRR2 Interest, JPMCB as holder of the VRR3 Interest, and KKR CMBS II Aggregator Type 1 L.P., a majority-owned affiliate of the Third Party Purchaser, as holder of the HRR Interest, and any successor holder of all or part of the VRR1 Interest, the VRR2 Interest, the VRR3 Interest or the HRR Interest; GACC as holder of the WMRR Interest and any successor holder of all or part of the WMRR Interest; and the Centre Retaining Third Party Purchaser as holder of the Class TCRR Certificates and any successor holder of all or part of the Class TCRR Certificates.

Retaining Party. Each of CREFI, acting as initial holder of the CREFI VRR Interest Portion, BBPLC, acting as initial holder of the BCREI VRR Interest Portion, DBNY, acting as initial owner of the DBNY VRR Interest Portion, SGFC, acting as initial holder of the SGFC Interest Portion, and any successor holder of all or part of the Combined VRR Interest.

Retaining Party. The Third Party Purchaser, acting as holder of the HRR Interest, and any successor holder of all or part of the HRR Interest.

Retaining Party. Each of BMO as holder of the VRR1 Interest, Sabal as holder of the VRR2 Interest, and any successor holder of all or part of the VRR1 Interest or the VRR2 Interest; the 360 R▇▇▇▇▇▇▇ Retaining Third Party Purchaser as holder of the Class 360RR Certificates and any successor holder of all or part of the Class 360RR Certificates; and BMO as holder of the 111RR Interest and any successor holder of all or part of the 111RR Interest.

Retaining Party. Any Holder of a Risk Retention Certificate, and any successor Holder of all or part of such Risk Retention Certificates. The initial Retaining Parties shall be Barclays Bank PLC and BREC Securities Holdings, LLC.