Common use of Additional Matters Relating to the Certain of the Mortgage Loans Clause in Contracts

Additional Matters Relating to the Certain of the Mortgage Loans. (a) The Master Servicer, upon receiving knowledge, shall notify S&P if the related Mortgagor of any of the 10 largest Mortgage Loans (or Crossed Group that would be one of the 10 largest Mortgage Loans if it were treated as single Mortgage Loan) by Stated Principal Balance incurs additional subordinate, pari-passu or mezzanine debt in accordance with the related Mortgage Loan documents. [End of Article III]

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (J.P. Morgan Chase Commercial Mortgage Securities Trust 2007-Ldp11), Pooling and Servicing Agreement (J.P. Morgan Chase Commercial Mortgage Securities Trust 2007-Ldp11)

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Additional Matters Relating to the Certain of the Mortgage Loans. (a) The applicable Master Servicer, upon receiving knowledge, shall notify S&P Fitch if the related Mortgagor of any of the 10 largest Mortgage Loans (or Crossed Group that would be one of the 10 largest Mortgage Loans if it were treated as single Mortgage Loan) by Stated Principal Balance incurs additional subordinate, pari-passu or mezzanine debt in accordance with the related Mortgage Loan documents. [End of Article III].

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (J.P. Morgan Chase Commercial Mortgage Securities Trust 2007-Ldp10), Pooling and Servicing Agreement (J.P. Morgan Chase Commercial Mortgage Securities Trust 2007-Ldp10)

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