Certificate Administrator Clause Samples
The Certificate Administrator clause designates a specific party or entity responsible for managing and overseeing the issuance, maintenance, and administration of certificates related to the agreement. This role typically includes duties such as verifying compliance with certificate requirements, handling renewals or replacements, and serving as the point of contact for certificate-related matters. By clearly assigning these responsibilities, the clause ensures that certificate management is handled efficiently and reduces the risk of lapses or misunderstandings regarding certification obligations.
Certificate Administrator. The Trustee may, from time to time, appoint a Certificate Administrator for the purpose of performing, as the Trustee's agent, those duties hereunder that are specifically designated herein as performable by the Certificate Administrator; provided, however, that the Certificate Administrator shall at -------- ------- all times satisfy the eligibility requirements of a Trustee set forth in Section 9.06. As of the Closing Date, the Trustee shall be the Certificate Administrator unless and until the Trustee appoints a successor Certificate Administrator. In performing its duties hereunder, the Certificate Administrator (if not the Trustee) shall have the benefit of the provisions of this Agreement to the same extent that the Trustee would have the benefit of such provisions if the Trustee were itself performing such duties. The Certificate Administrator (including the Trustee solely in its capacity as Certificate Administrator) shall not have any fiduciary responsibility to the Contract Seller, the Servicer or the Certificateholders except when acting as Paying Agent. Additionally, the Certificate Administrator shall be entitled to rely upon all directions, calculations and other information received by the Contract Seller, the Trustee or the Servicer without any duty to independently verify such directions, calculations or other information.
Certificate Administrator. The Operating Advisor may, but shall not be obligated to, revise the Operating Advisor Annual Report based on any comments received from the Special Servicer or the Controlling Class Representative. In the event the Special Servicer is replaced during the prior calendar year, the Operating Advisor shall only be required to prepare an Operating Advisor Annual Report relating to each entity that was acting as Special Servicer as of December 31 of the prior calendar year and is continuing in such capacity through the date of such Operating Advisor Annual Report. In preparing an Operating Advisor Annual Report, the Operator Advisor is not required to report on instances of non-compliance with, or deviations from, the Servicing Standard or the Special Servicers’ obligations under this Agreement that the Operating Advisor determines, in accordance the Operating Advisor Standard, to be immaterial. In connection with the Operating Advisor Annual Report and the reviews provided for in Sections 3.29(b) and 3.29(d)(i), the Operating Advisor shall perform its review on the basis of the Special Servicer’s performance of its duties with respect to Specially Serviced Loans and, after the occurrence and during the continuance of an Operating Advisor Consultation Trigger Event, with respect to Major Decisions on Performing Serviced Loans, as well as the extent to which those duties were performed in accordance with the Servicing Standard, with reasonable consideration by the Operating Advisor of any annual compliance statement, any assessment of compliance and any attestation report delivered to the Operating Advisor pursuant to Section 10.08, Section 10.09 and Section 10.10 of this Agreement, as applicable, or made available to the Operating Advisor on the Certificate Administrator’s Website, any Asset Status Report, any Major Decision Reporting Package and other information (other than any communications between the related Directing Holder, any Risk Retention Consultation Party or any Serviced Companion Loan Holder (or its Companion Loan Holder Representative), as applicable, and the Special Servicer that would be Privileged Information) that the Operating Advisor is required to review on the Certificate Administrator’s Website or that is prepared by the Special Servicer and delivered or made available to the Operating Advisor pursuant to this Agreement.
Certificate Administrator. 105 Section 9.13. Appointment of Paying Agent..................................................................... 106 ARTICLE X. TERMINATION................................................................................................ 107 Section 10.01. Termination..................................................................................... 107
Certificate Administrator. GMAC Mortgage Corporation, in its capacity as certificate administrator under this Agreement, or any successor certificate administrator appointed under the terms of this Agreement.
Certificate Administrator. The Person appointed by the Trustee from time ------------------------- to time pursuant to Section 9.
Certificate Administrator. 82 Section 9.13
Certificate Administrator. Residential Funding Corporation, in its capacity as certificate administrator under this Agreement, or any successor certificate administrator appointed under the terms of this Agreement.
Certificate Administrator. Citibank, N.A. 3▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ Attention: Global Transaction Services- MAD 2▇▇▇-▇▇▇▇ Fax number: (212) 8▇▇- ▇▇▇▇ Email: r▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇@▇▇▇▇.▇▇▇ Wilmington Trust, National Association 1▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Attention: CMBS Trustee – MAD 2019-650M Barclays Commercial Mortgage Securities LLC 7▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ Attention: D▇▇▇▇▇ ▇▇▇▇▇▇ Email: d▇▇▇▇▇.▇▇▇▇▇▇@▇▇▇▇▇▇▇▇.▇▇▇ with a copy to: Barclays Capital Inc. 7▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ Attention: L▇▇▇▇▇▇ ▇▇▇▇▇▇▇, Legal Department Email: l▇▇▇▇▇▇.▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇.▇▇▇ Midland Loan Services, a Division of PNC Bank, National Association 1▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, Suite 700 Overland Park, Kansas 66210 Attention: Executive Vice President – Division Head Fax Number: (▇▇▇) ▇▇▇-▇▇▇▇ with a copy to: S▇▇▇▇▇▇ LLP 1▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇ Fax Number: (▇▇▇)-▇▇▇-▇▇▇▇ Attention: K▇▇▇▇ ▇. ▇▇▇▇▇ Email: k▇▇▇▇.▇▇▇▇▇@▇▇▇▇▇▇▇.▇▇▇ K-Star Asset Management LLC 5▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇, Suite 950 Dallas, Texas 75225 Attention: L▇▇▇▇▇▇ ▇▇▇▇▇▇ Email: L▇▇▇▇▇▇.▇▇▇▇▇▇@▇▇▇.▇▇▇ With a copy to: Dechert LLP 3▇▇ ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, Suite 800 Charlotte, North Carolina 28202 Attention: S▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Email: S▇▇▇▇▇▇.▇▇▇▇▇▇▇@▇▇▇▇▇▇▇.▇▇▇ W▇▇▇▇ Fargo Bank, National Association, c/o Computershare Trust Company, National Association, as Agent 9▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇ Columbia, Maryland 21045 Attention: Corporate Trust Services (CMBS) – BBCMS 2020-C6 with a copy to: c▇▇.▇▇▇▇.▇▇▇▇.▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇.▇▇▇, and to t▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇.▇▇▇ Pentalpha Surveillance LLC 3▇▇ ▇. ▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ Attention: BBCMS 2020-C6 Transaction Manager with a copy sent via email to: n▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ with BBCMS 2020-C6 in the subject line with a copy to: Bass, B▇▇▇▇ & S▇▇▇ PLC 1▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Attention: J▇▇ ▇. ▇▇▇▇▇▇ Email: j▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇.▇▇▇
Certificate Administrator. 96 Section 9.13 Appointment of Paying Agent.................................... 96 Section 9.14 Determination of LIBOR; Auction Procedures..................... 97 ARTICLE X TERMINATION....................................................... 97 Section 10.01 Termination................................................... 97