Common use of Appointment of Special Servicer Clause in Contracts

Appointment of Special Servicer. (a) Situs Holdings, LLC is hereby appointed as the initial Special Servicer to service the Whole Loan while a Special Servicing Loan Event has occurred and is continuing and perform the other obligations of the Special Servicer hereunder (including approving certain actions prior to a Special Servicing Loan Event as provided specifically herein). (b) If there is a Special Servicer Termination Event with respect to the Special Servicer, such Special Servicer may be removed and replaced pursuant to Sections 7.1 and 7.

Appears in 7 contracts

Samples: Trust and Servicing Agreement (Benchmark 2022-B35 Mortgage Trust), Trust and Servicing Agreement (Bank 2022-Bnk41), Trust and Servicing Agreement (Benchmark 2022-B34 Mortgage Trust)

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Appointment of Special Servicer. (a) Situs Holdings, LLC is hereby appointed as the initial Special Servicer to service the Whole Loan while a Special Servicing Loan Event has occurred and is continuing and perform the other obligations of the Special Servicer hereunder (including approving certain actions prior to a Special Servicing Loan Event as provided specifically herein)hereunder. (b) If there is a Special Servicer Termination Event with respect to the Special Servicer, such Special Servicer may be removed and replaced pursuant to Sections 7.1 and 7.

Appears in 2 contracts

Samples: Trust and Servicing Agreement (BBCMS Mortgage Trust 2019-C5), Trust and Servicing Agreement (BBCMS Mortgage Trust 2019-C3)

Appointment of Special Servicer. (a) Situs Holdings, LLC is hereby appointed as the initial Special Servicer to service the Whole Loan while a Special Servicing Loan Event has occurred and is continuing and perform the other obligations of the Special Servicer hereunder (including approving certain actions prior to a Special Servicing Loan Event as provided specifically herein)hereunder. (b) If there is a Special Servicer Termination Event with respect to the Special Servicer, such the Special Servicer may be removed and replaced pursuant to Sections 7.1 and 7.

Appears in 2 contracts

Samples: Trust and Servicing Agreement (BBCMS Mortgage Trust 2019-C4), Trust and Servicing Agreement (CSAIL 2019-C15 Commercial Mortgage Trust)

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Appointment of Special Servicer. (a) Situs HoldingsTorchlight Loan Services, LLC is hereby appointed as the initial Special Servicer to service the Whole Mortgage Loan while a Special Servicing Loan Event has occurred and is continuing and perform the other obligations of the Special Servicer hereunder (including approving certain actions prior to a Special Servicing Loan Event as provided specifically herein)hereunder. (b) If there is a Special Servicer Termination Event with respect to the Special Servicer, such the Special Servicer may be removed and replaced pursuant to Sections 7.1 and 7.

Appears in 2 contracts

Samples: Trust and Servicing Agreement (Wells Fargo Commercial Mortgage Trust 2016-C35), Trust and Servicing Agreement (SG Commercial Mortgage Securities Trust 2016-C5)

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