Common use of Credit Risk Advisor Clause in Contracts

Credit Risk Advisor. The Owner may in its discretion designate an entity to act as credit risk advisor for the Mortgage Loans; provided that (a) the credit risk advisor shall have no control over the servicing activities of the Company under the related pooling and servicing agreement, (b) the credit risk advisor must execute a confidentiality agreement and other documentation customarily used by the Company in connection with similar transactions, in forms acceptable to the Company in its sole discretion, and (c) the Company shall not be required to alter its computer programs or customary servicing practice without the Company’s consent or to incur any expenses to provide such reports in any manner that is inconsistent with the Company’s reporting procedures as of the date hereof, unless the Owner shall reimburse the Company for the costs associated with such customized reports.

Credit Risk Advisor. The Owner may in its discretion designate an entity to act as credit risk advisor for the Mortgage Loans; provided that (ai) the credit risk advisor shall have no control over the servicing activities of the Company under the related pooling and servicing agreement, (bii) the credit risk advisor must execute a confidentiality agreement and other documentation customarily used by the Company in connection with similar transactions, in forms acceptable to the Company in its sole discretion, and (ciii) the Company shall not be required to alter its computer programs or customary servicing practice without the Company’s 's consent or to incur any expenses to provide such reports in any manner that is inconsistent with the Company’s 's reporting procedures as of the date hereof, unless the Owner shall reimburse the Company for the costs associated with such customized reports.

Credit Risk Advisor. The Owner may in its discretion designate an entity to act as credit risk advisor for the Mortgage Loans; provided that (a) the credit risk advisor shall have no control over the servicing activities of the Company under the related pooling and servicing agreement, (b) the credit risk advisor must execute a confidentiality agreement and other documentation customarily used by the Company in connection with similar transactions, in forms acceptable to the Company in its sole reasonable discretion, and (c) the Company shall not be required to alter its computer programs or customary servicing practice without the Company’s consent or to incur any expenses to provide such reports in any manner that is inconsistent with the Company’s reporting procedures as of the date hereof, unless the Owner shall reimburse the Company for the costs associated with such customized reports.