Examples of Serviced B Note in a sentence
In addition, in the event that the Special Servicer determines to foreclose upon or comparably convert the related Mortgaged Property securing such Serviced Whole Loan, the Special Servicer shall notify the related Serviced B Note Holder not less than fifteen (15) Business Days prior to the completion of such foreclosure or conversion.
The Trustee shall not be liable for any of the representations and warranties of the Master Servicer or the Special Servicer or for any losses incurred by the Master Servicer or the Special Servicer pursuant to Section 3.06 hereunder nor shall the Trustee be required to purchase any Mortgage Loan or Serviced B Note hereunder.
The Master Servicer, upon the occurrence of a Servicing Transfer Event with respect to any Serviced B Note, and the Special Servicer upon a determination that such Specially Serviced Mortgage Loan has become a Corrected Mortgage Loan, shall promptly give written notice thereof to the related Serviced B Note Holders.
The Special Servicer may, as to any delinquent Mortgage Loan (other than a Non-Serviced Mortgage Loan) or Serviced B Note, prior to the occurrence of a Servicing Transfer Event with respect thereto, request and obtain the foregoing documents and information.
A copy of such instrument shall be delivered to the Master Servicer, the Special Servicer, the Non-Serviced Mortgage Loan Service Providers, the Certificateholders and the Serviced B Note Holders by the Depositor.
The Trustee shall not be liable for any of the representations and warranties of the Master Servicer or the Special Servicer or for any losses incurred by the Master Servicer or the Special Servicer pursuant to Section 3.06 hereunder nor shall the Trustee be required to purchase any Mortgage Loan, Serviced Companion Loan or Serviced B Note hereunder.
Each of the Master Servicer and the Special Servicer shall provide or cause to be provided to the Trustee, and to the OTS, the FDIC, and any other federal or state banking or insurance regulatory authority that may exercise authority over any Certificateholder or any Serviced B Note Holder, access to any documentation regarding the Mortgage Loans, the Serviced B Notes and the Trust Fund within its control which may be required by this Agreement or by applicable law.
The provisions in this Section shall not limit the Master Servicer's ability to make accessible certain information regarding the Mortgage Loans and each Serviced B Note at a website maintained by the Master Servicer.
The fact that any related legal action was instituted by or against the holder of a Serviced Companion Loan or Serviced B Note shall not be conclusive evidence that such expenses, costs or liabilities are solely attributable thereto.
The fact that any related legal action was instituted by or against the holder of a Serviced B Note shall not be conclusive evidence that such expenses, costs or liabilities are solely attributable thereto.