Common use of Advances; Reimbursement of Advances Clause in Contracts

Advances; Reimbursement of Advances. (a) (i) Pursuant to terms of the Servicing Agreement, the Lead Servicer and/or the Trustee shall be obligated (subject to customary determinations of non-recoverability) to make (1) Property Advances with respect to the Mortgage Loan or the Mortgaged Property and (2) P&I Advances with respect to the Lead Note (and any other Note(s) included in the Lead Securitization) and (ii) pursuant to the terms of each Non-Lead Securitization Servicing Agreement, the related Non-Lead Master Servicer and/or the related Non-Lead Trustee may be obligated to make P&I Advances with respect to the related Non-Lead Note(s). The Lead Servicer and/or the Trustee will not be required to make any P&I Advance with respect to any Non-Lead Note (other than a Non-Lead Note that is also included in the Lead Securitization) and no Non-Lead Master Servicer or Non-Lead Trustee will be required to make any P&I Advance with respect to the Lead Note, any other Non-Lead Note (other than another Non-Lead Note that is also included in the same Non-Lead Securitization) or any Property Advance. The Lead Servicer, each Non-Lead Master Servicer, the Trustee and each Non-Lead Trustee will be entitled to interest on any Advance (at a rate not to exceed the Prime Rate) made in the manner and from the sources provided in the Note A-1 PSA, the Note A-2 PSA, the Note A-3-1 PSA, the Note A-3-2 PSA, the Note A-4 PSA, the Note A-5-1 PSA, the Note A-5-2 PSA, the Note A-6 PSA and the Note A-7 PSA, as applicable.

Advances; Reimbursement of Advances. (a) (i) Pursuant to terms of the Servicing Agreement, the Lead Servicer and/or the related Trustee shall be obligated (subject to customary determinations of non-recoverability) to make (1) Property Advances with respect to the Mortgage Loan or the Mortgaged Property and (2) P&I Advances with respect to the Lead Note (and any other Note(s) included in the Lead Securitization) and (ii) pursuant to the terms of each a Non-Lead Securitization Servicing Agreement, the related Non-Lead Master Servicer and/or the related Non-Lead Trustee may be obligated to make P&I Advances with respect to the related Non-Lead Note(s)Note. The Lead Servicer and/or the related Trustee will not be required to make any P&I Advance with respect to any Non-Lead Note (other than a Non-Lead Note that is also included in and the Lead Securitization) and no related Non-Lead Master Servicer or and/or the related Non-Lead Trustee will not be required to make any P&I Advance with respect to the any Lead Note, any other Non-Lead Note (other than another Non-Lead Note that is also included in the same Non-Lead Securitization) or any Property Advance. The Lead Servicer, each Non-Lead Master Servicer, the Trustee and each any related Non-Lead Trustee will be entitled to interest on any Advance (at a rate not to exceed the Prime Rate) made in the manner and from the sources provided in the Note A-1 PSA, the Note A-2 PSA, the Note A-3-1 PSA, the Note A-3-2 A-3 PSA, the Note A-4 PSA, the Note A-5-1 PSA, the Note A-5-2 A-5 PSA, the Note A-6 PSA and PSA, the Note A-7 PSA, the Note A-8 PSA, the Note A-9 PSA, the Note A-10 PSA, the Note A-11 PSA and the Note A-12 PSA, as applicable.

Advances; Reimbursement of Advances. (a) (i) Pursuant to terms of the Servicing Agreement, the Lead Servicer and/or the Trustee shall be obligated (subject to customary determinations of non-recoverability) to make (1) Property Advances with respect to the Mortgage Loan or the Mortgaged Property and (2) P&I Advances with respect to the Lead Note (and any other Note(s) included in the Lead Securitization) and (ii) pursuant to the terms of each Non-Lead Securitization Servicing Agreement, the related Non-Lead Master Servicer and/or the related Non-Lead Trustee may be obligated to make P&I Advances with respect to the related Non-Lead Note(s). The Lead Servicer and/or the Trustee will not be required to make any P&I Advance with respect to any Non-Lead Note (other than a Non-Lead Note that is also included in the Lead Securitization) and no Non-Lead Master Servicer or Non-Lead Trustee will be required to make any P&I Advance with respect to the Lead Note, any other Non-Lead Note (other than another Non-Lead Note that is also included in the same Non-Lead Securitization) or any Property Advance. The Lead Servicer, each Non-Lead Master Servicer, the Trustee and each Non-Lead Trustee will be entitled to interest on any Advance (at a rate not to exceed the Prime Rate) made in the manner and from the sources provided in the Note A-1 PSA, the Note A-2 PSA, the Note A-3-1 PSA, the Note A-3-2 A-3 PSA, the Note A-4 PSA, the Note A-5-1 PSA, the Note A-5-2 PSA, the Note A-6 A-5 PSA and the Note A-7 A-6 PSA, as applicable.

Advances; Reimbursement of Advances. (a) From time to time, (i) Pursuant pursuant to terms of the Servicing Agreement, the Lead Servicer and/or the related Trustee shall may be obligated (subject to customary determinations of non-recoverability) to make (1) Property Advances with respect to the Mortgage Loan or the Mortgaged Property Properties and (2) P&I Advances with respect to the Lead Note (and any other Note(s) included in the Lead Securitization) and (ii) pursuant to the terms of each a Non-Lead Securitization Servicing Agreement, the related Non-Lead Master Servicer and/or the related Non-Lead Trustee may be obligated to make P&I Advances with respect to the related a Non-Lead Note(s)Note. The Lead Servicer and/or the related Trustee will not be required to make any P&I Advance with respect to any Non-Lead Note (other than a Non-Lead Note that is also included in and the Lead Securitization) and no related Non-Lead Master Servicer or Non-Lead and/or the related Trustee will not be required to make any P&I Advance with respect to the any Lead Note, any other Non-Lead Note (other than another Non-Lead Note that is also included in the same Non-Lead Securitization) or any Property Advance. The Lead Servicer, each Non-Lead Master Servicer, the Trustee Servicer and each Non-Lead any Trustee will be entitled to interest on any Advance (at a rate not to exceed the Prime Rate) made in the manner and from the sources provided in the Note A-1 A-1-A PSA, the Note A-2 A-1-B PSA, the Note A-3A-2-1 A1 PSA, the Note A-3A-2-2 A2 PSA, the Note A-4 A-2-B PSA, the Note A-3 PSA, the Note A-4-A PSA, the Note A-4-B PSA, the Note A-5-1 A PSA, the Note A-5-2 PSA, the Note A-6 B PSA and the Note A-7 A-6 PSA, as applicable.

Advances; Reimbursement of Advances. (a) (i) Pursuant to terms of the Servicing Agreement, the Lead Servicer and/or the related Trustee shall be obligated (subject to customary determinations of non-recoverability) to make (1) Property Advances with respect to the Mortgage Loan or the Mortgaged Property and (2) P&I Advances with respect to the Lead Note (and any other Note(s) included in the Lead Securitization) and (ii) pursuant to the terms of each a Non-Lead Securitization Servicing Agreement, the related Non-Lead Master Servicer and/or the related Non-Lead Trustee may be obligated to make P&I Advances with respect to the related Non-Lead Note(s)Note. The Lead Servicer and/or the related Trustee will not be required to make any P&I Advance with respect to any Non-Lead Note (other than a Non-Lead Note that is also included in and the Lead Securitization) and no related Non-Lead Master Servicer or and/or the related Non-Lead Trustee will not be required to make any P&I Advance with respect to the any Lead Note, any other Non-Lead Note (other than another Non-Lead Note that is also included in the same Non-Lead Securitization) or any Property Advance. The Lead Servicer, each Non-Lead Master Servicer, the Trustee and each any related Non-Lead Trustee will be entitled to interest on any Advance (at a rate not to exceed the Prime Rate) made in the manner and from the sources provided in the Note A-1 PSA, the Note A-2 PSA, the Note A-3-1 PSA, the Note A-3-2 A-3 PSA, the Note A-4 PSA, the Note A-5A-5 PSA, the Note A-6-1 PSA, the Note A-5A-6-2 PSA, the Note A-6 A-7 PSA, the Note A-8 PSA, the Note A-9 PSA, the Note A-10 PSA and the Note A-7 A-11 PSA, as applicable.

Advances; Reimbursement of Advances. (aa)(a) (i) Pursuant to terms of the Servicing Agreement, the Lead Servicer and/or the related Trustee shall be obligated (subject to customary determinations of non-recoverability) to make (1) Property Advances with respect to the Mortgage Loan or the Mortgaged Property and (2) P&I Advances with respect to the Lead Note (and any other Note(s) included in the Lead Securitization) and (ii) pursuant to the terms of each a Non-Lead Securitization Servicing Agreement, the related Non-Lead Master Servicer and/or the related Non-Lead Trustee may be obligated to make P&I Advances with respect to the related Non-Lead Note(s)Note. The Lead Servicer and/or the related Trustee will not be required to make any P&I Advance with respect to any Non-Lead Note (other than a Non-Lead Note that is also included in and the Lead Securitization) and no related Non-Lead Master Servicer or and/or the related Non-Lead Trustee will not be required to make any P&I Advance with respect to the any Lead Note, any other Non-Lead Note (other than another Non-Lead Note that is also included in the same Non-Lead Securitization) or any Property Advance. The Lead Servicer, each Non-Lead Master Servicer, the Trustee and each any related Non-Lead Trustee will be entitled to interest on any Advance (at a rate not to exceed the Prime Rate) made in the manner and from the sources provided in the Note A-1 PSA, the Note A-2 PSA, the Note A-3-1 PSA, the Note A-3-2 A-3 PSA, the Note A-4 PSA, the Note A-5A-5 PSA, the Note A-6-1 PSA, the Note A-5A-6-2 PSA, the Note A-6 A-7 PSA, the Note A-8 PSA, the Note A-9 PSA, the Note A-10 PSA and the Note A-7 A-11 PSA, as applicable.

Advances; Reimbursement of Advances. (a) From time to time, (i) Pursuant pursuant to terms of the Servicing Agreement, the Lead Servicer and/or the related Trustee shall may be obligated (subject to customary determinations of non-recoverability) to make (1) Property Advances with respect to the Mortgage Loan or the Mortgaged Property Properties and (2) P&I Advances with respect to the Lead Note (and any other Note(s) included in the Lead Securitization) and (ii) pursuant to the terms of each a Non-Lead Securitization Servicing Agreement, the related Non-Lead Master Servicer and/or the related Non-Lead Trustee may be obligated to make P&I Advances with respect to the related a Non-Lead Note(s)Note. The Lead Servicer and/or the related Trustee will not be required to make any P&I Advance with respect to any Non-Lead Note (other than a Non-Lead Note that is also included in and the Lead Securitization) and no related Non-Lead Master Servicer or Non-Lead and/or the related Trustee will not be required to make any P&I Advance with respect to the any Lead Note, any other Non-Lead Note (other than another Non-Lead Note that is also included in the same Non-Lead Securitization) or any Property Advance. The Lead Servicer, each Non-Lead Master Servicer, the Trustee Servicer and each Non-Lead any Trustee will be entitled to interest on any Advance (at a rate not to exceed the Prime Rate) made in the manner and from the sources provided in the Note A-1 A-1-A PSA, the Note A-2 A-1-B PSA, the Note A-3A-2-1 A PSA, the Note A-3A-2-2 B PSA, the Note A-4 A-3 PSA, the Note A-5A-4-1 A PSA, the Note A-5A-4-2 B PSA, the Note A-6 A-5 PSA and the Note A-7 A-6 PSA, as applicable.