Common use of Custody of Mortgage Loan Documents Clause in Contracts

Custody of Mortgage Loan Documents. Prior to the Lead Securitization Date, the originals of all of the Mortgage Loan Documents (other than the Notes, which will be held by the respective Note Holders or their designated custodians) will be held by the Initial Agent (or a duly appointed interim servicer or custodian on its behalf) on behalf of the registered holders of the Notes. If the Lead Securitization is not also the Note A-1 Securitization, then on and after the Lead Securitization Date, the originals of all of the Mortgage Loan Documents (other than any Notes not included in such Lead Securitization, which will be held by the respective Note Holders or their designated custodians) shall be held in the name of the trustee (and held by a duly appointed custodian therefor) under the Lead Securitization Servicing Agreement, on behalf of the registered holders of the Notes. On and after the Note A-1 Securitization Date, the originals of all of the Mortgage Loan Documents (other than any Notes not included in the Note A-1 Securitization) shall be transferred to and held in the name of the trustee (and held by a duly appointed custodian therefor) under the Note A-1 PSA, on behalf of the registered holders of the Notes.

Appears in 53 contracts

Samples: Agreement Between Note Holders (Bank 2024-Bnk48), Agreement Between Note Holders (Bank 2024-Bnk48), Agreement Between Note Holders (Bank 2024-Bnk48)

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Custody of Mortgage Loan Documents. Prior to On and after the closing of the Lead Securitization DateSecuritization, the originals of all of the Mortgage Loan Documents (other than the originals of the Non-Lead Securitization Notes, which will ) shall be held by the respective Note Holders or their designated custodians) will be held by the Initial Agent (or a duly appointed interim servicer or custodian on its behalf) on behalf of the registered holders of the Notes. If the Lead Securitization is not also the Note A-1 Securitization, then on and after the Lead Securitization Date, the originals of all of the Mortgage Loan Documents (other than any Notes not included in such Lead Securitization, which will be held by the respective Note Holders or their designated custodians) shall be held in the name of the trustee (and held by Trustee through a duly appointed custodian therefor) under , in accordance with the terms of the Lead Securitization Servicing Agreement, on behalf of the registered holders of the Notes. On and after ; provided that if the First Securitization is not the Note A-1 Securitization DateSecuritization, (i) the originals of all of the Mortgage Loan Documents (other than the Notes not being deposited into the First Securitization) shall be transferred to and held by the Trustee (of the First Securitization) through a duly appointed custodian therefor under the First Securitization, on behalf of the registered holders of the Notes, until the closing of the Note A-1 Securitization, on which date, the originals of all of the Mortgage Loan Documents (other than any the Notes not included in being deposited into the Note A-1 Securitization) shall be transferred to and held in the name of the trustee Trustee (and held by a duly appointed custodian therefor) under the Note A-1 PSA, PSA on behalf of the registered holders of the Notes; and (ii) all Mortgage Loan Documents (other than the Notes not being deposited into the Note A-1 Securitization) shall not be recorded or filed to reflect the name of the trustee under the Securitization Servicing Agreement for the First Securitization (except to the extent specifically provided for in the Securitization Servicing Agreement for the First Securitization).

Appears in 51 contracts

Samples: Agreement Between Note Holders (Bank5 2024-5yr10), Agreement Between Note Holders (Bank5 2024-5yr9), Agreement Between Note Holders (Bank5 2024-5yr8)

Custody of Mortgage Loan Documents. Prior to the Lead Securitization DateFirst Securitization, the originals of all of the Mortgage Loan Documents (other than the Notes, which will be held by the respective Note Holders or their designated custodians) will shall be held by the Initial Agent (or a duly appointed interim servicer or custodian on its behalf) on behalf of the registered holders of the Notes. If the Lead Securitization is not also the Note A-1 Securitization, then on On and after the closing of the Lead Securitization DateSecuritization, the originals of all of the Mortgage Loan Documents (other than any Notes not included in such the originals of the Non-Lead Securitization, which will Securitization Notes) shall be held by the respective Note Holders or their designated custodians) shall be held in the name of the trustee (and held by Trustee through a duly appointed custodian therefor) under , in accordance with the terms of the Lead Securitization Servicing Agreement, on behalf of the registered holders of the Notes. On ; provided that if the First Securitization is not the Note A-1 Securitization, (i) the originals of all of the Mortgage Loan Documents (other than the Note being deposited into the First Securitization) shall be transferred to and after held by the Trustee (of the First Securitization) through a duly appointed custodian therefor under the First Securitization, on behalf of the registered holders of the Notes, until the Note A-1 Securitization Date, on which date, the originals of all of the Mortgage Loan Documents (other than any Notes not included in the Note A-1 SecuritizationA-2) shall be transferred to and held in the name of the trustee Trustee (and held by a duly appointed custodian therefor) under the Note A-1 PSA, PSA on behalf of the registered holders of the Notes; and (ii) all Mortgage Loan Documents (other than the Note that is deposited into the First Securitization) shall not be recorded or filed to reflect the name of the trustee under the Securitization Servicing Agreement for the First Securitization (except to the extent specifically provided for in the Securitization Servicing Agreement for the First Securitization).

Appears in 29 contracts

Samples: Agreement Between Note Holders (Bank 2023-Bnk45), Agreement Between Note Holders (Bank 2022-Bnk43), Agreement Between Note Holders (Bank 2019-Bnk21)

Custody of Mortgage Loan Documents. Prior to the Lead Securitization DateFirst Securitization, the originals of all of the Mortgage Loan Documents (other than the Notes, which will be held by the respective Note Holders or their designated custodians) will shall be held by the Initial Agent (or a duly appointed interim servicer or custodian on its behalf) on behalf of the registered holders of the Notes. If the Lead Securitization is not also the Note A-1 Securitization, then on On and after the closing of the Lead Securitization DateSecuritization, the originals of all of the Mortgage Loan Documents (other than any Notes not included in such the originals of the Non-Lead Securitization, which will Securitization Notes) shall be held by the respective Note Holders or their designated custodians) shall be held in the name of the trustee (and held by Trustee through a duly appointed custodian therefor) under , in accordance with the terms of the Lead Securitization Servicing Agreement, on behalf of the registered holders of the Notes. On ; provided that if the First Securitization is not the Note A-1 Securitization, (i) the originals of all of the Mortgage Loan Documents (other than the Note being deposited into the First Securitization) shall be transferred to and after held by the Trustee (of the First Securitization) through a duly appointed custodian therefor under the First Securitization, on behalf of the registered holders of the Notes, until the Note A-1 Securitization Date, on which date, the originals of all of the Mortgage Loan Documents (other than any Notes not included in the Note A-1 SecuritizationA-2 and Note A-3) shall be transferred to and held in the name of the trustee Trustee (and held by a duly appointed custodian therefor) under the Note A-1 PSA, PSA on behalf of the registered holders of the Notes; and (ii) all Mortgage Loan Documents (other than the Note that is deposited into the First Securitization) shall not be recorded or filed to reflect the name of the trustee under the Securitization Servicing Agreement for the First Securitization (except to the extent specifically provided for in the Securitization Servicing Agreement for the First Securitization).

Appears in 19 contracts

Samples: Agreement Between Note Holders (Bank 2021-Bnk35), Agreement Between Note Holders (Benchmark 2021-B27 Mortgage Trust), Agreement Between Note Holders (Wells Fargo Commercial Mortgage Trust 2019-C54)

Custody of Mortgage Loan Documents. Prior to the Lead Securitization Date, the originals of all of the Mortgage Loan Documents (other than the Notes, which will be held by the respective Note Holders or their designated custodians) will be held by the Initial Agent (or a duly appointed interim servicer or custodian on its behalf) on behalf of the registered holders of the Notes. If the Lead Securitization is not also the Note A-1 A-1-1 Securitization, then on and after the Lead Securitization Date, the originals of all of the Mortgage Loan Documents (other than any Notes not included in such Lead Securitization, which will be held by the respective Note Holders or their designated custodians) shall be held in the name of the trustee (and held by a duly appointed custodian therefor) under the Lead Securitization Servicing Agreement, on behalf of the registered holders of the Notes. On and after the Note A-1 A-1-1 Securitization Date, the originals of all of the Mortgage Loan Documents (other than any Notes not included in the Note A-1 A-1-1 Securitization) shall be transferred to and held in the name of the trustee (and held by a duly appointed custodian therefor) under the Note A-1 A-1-1 PSA, on behalf of the registered holders of the Notes.

Appears in 18 contracts

Samples: Agreement Between Note Holders (Bank 2024-Bnk48), Agreement Between Note Holders (Wells Fargo Commercial Mortgage Trust 2024-C63), Agreement Between Note Holders (BMO 2024-C9 Mortgage Trust)

Custody of Mortgage Loan Documents. Prior to the Lead Securitization Date, the The originals of all of the Mortgage Loan Documents (other than each Non-Lead Securitization Note) (a) prior to the Notes, which will be held by the respective Note Holders or their designated custodians) Lead Securitization will be held by the Initial Agent (or a duly appointed an interim servicer or custodian on its behalf) on behalf of the registered holders of the Notes. If the Lead Securitization is not also the Note A-1 Securitization, then on and (b) after the Lead Securitization Date, the originals of all of the Mortgage Loan Documents (other than any Notes not included in such Lead Securitization, which will be held by the respective Lead Securitization Note Holders or their designated custodians) shall be held Holder (in the name of the trustee (Trustee and held by a duly appointed custodian therefor) under therefor in accordance with the Lead Securitization Servicing Agreement), in each case, on behalf of the registered holders of the Notes. On and after the Note A-1 Prior to any Non-Lead Securitization Date, the originals of all applicable Non-Lead Securitization Note shall be held by, and in the name of, the related Holder (or a duly appointed custodian therefor), and none of the Mortgage Loan Documents (other than Lead Securitization or any Notes not included Non-Lead Securitization shall have any rights with respect thereto except as expressly provided in this Agreement. Following any Non-Lead Securitization Date, the applicable Non-Lead Securitization Note A-1 Securitization) shall be transferred to and held in the name of the trustee related Non-Lead Trustee (and held by a duly appointed custodian therefor) under the Note A-1 PSA), on behalf of the registered holders of the Notesapplicable Non-Lead Securitization Note Holder.

Appears in 12 contracts

Samples: Agreement Between Note Holders (Morgan Stanley Capital I Trust 2020-Hr8), Agreement Between Note Holders (Benchmark 2020-B18 Mortgage Trust), Agreement Between Note Holders (Bank 2020-Bnk27)

Custody of Mortgage Loan Documents. Prior to On and after the closing of the Lead Securitization DateSecuritization, the originals of all of the Mortgage Loan Documents (other than the originals of the Non-Lead Securitization Notes, which will ) shall be held by the respective Note Holders or their designated custodians) will be held by the Initial Agent (or a duly appointed interim servicer or custodian on its behalf) on behalf of the registered holders of the Notes. If the Lead Securitization is not also the Note A-1 Securitization, then on and after the Lead Securitization Date, the originals of all of the Mortgage Loan Documents (other than any Notes not included in such Lead Securitization, which will be held by the respective Note Holders or their designated custodians) shall be held in the name of the trustee (and held by Trustee through a duly appointed custodian therefor) under , in accordance with the terms of the Lead Securitization Servicing Agreement, on behalf of the registered holders of the Notes. On and after ; provided that if the First Securitization is not the Note A-1 Securitization DateSecuritization, (i) the originals of all of the Mortgage Loan Documents (other than the Note A-1) shall be transferred to and held by the Trustee (of the First Securitization) through a duly appointed custodian therefor under the First Securitization, on behalf of the registered holders of the Notes, until the closing of the Note A-1 Securitization, on which date, the originals of all of the Mortgage Loan Documents (other than any Notes not included in the Note A-1 SecuritizationA-2) shall be transferred to and held in the name of the trustee Trustee (and held by a duly appointed custodian therefor) under the Note A-1 PSA, PSA on behalf of the registered holders of the Notes; and (ii) all Mortgage Loan Documents (other than Note A-2) shall not be recorded or filed to reflect the name of the trustee under the Securitization Servicing Agreement for the First Securitization (except to the extent specifically provided for in the Securitization Servicing Agreement for the First Securitization).

Appears in 10 contracts

Samples: Agreement Between Note Holders (Bank 2019-Bnk23), Agreement Between Note Holders (Bank 2019-Bnk22), Agreement Between Note Holders (Wells Fargo Commercial Mortgage Trust 2020-C58)

Custody of Mortgage Loan Documents. Prior to the Lead Securitization DateDate originals of all of the Mortgage Loan Documents (other than the Notes) will be held by the Initial Agent or a duly appointed custodian of the Initial Agent on behalf of the registered holders of the Notes. Each Note will be held by its respective Note Holder or a duly appointed custodian of such Note Holder. If the Lead Securitization is not also the Note A-1-1 Securitization, then on and after the Lead Securitization Date the originals of all of the Mortgage Loan Documents (other than Note A-1-1 and any other Notes not included in such Lead Securitization) shall be held in the name of the trustee (and held by a duly appointed custodian therefor) under the Lead Securitization Servicing Agreement on behalf of the registered holders of the Notes. On and after the closing date of the Note A-1-1 Securitization, the originals of all of the Mortgage Loan Documents (other than the Notes, which will be held by the respective Note Holders or their designated custodians) will be held by the Initial Agent (or a duly appointed interim servicer or custodian on its behalf) on behalf of the registered holders of the Notes. If the Lead Securitization is not also the Note A-1 Securitization, then on and after the Lead Securitization Date, the originals of all of the Mortgage Loan Documents (other than any Notes not included in such Lead the Note A-1-1 Securitization, which will be held by the respective Note Holders or their designated custodians) shall be transferred to and held in the name of the trustee (and held by a duly appointed custodian therefor) under the Lead Securitization Servicing Agreement, on behalf of the registered holders of the Notes. On and after the Note A-1 Securitization Date, the originals of all of the Mortgage Loan Documents (other than any Notes not included in the Note A-1 Securitization) shall be transferred to and held in the name of the trustee (and held by a duly appointed custodian therefor) under the Note A-1 PSA, on behalf of the registered holders of the Notes.

Appears in 10 contracts

Samples: Agreement Between Note Holders (Morgan Stanley Capital I Trust 2018-L1), Agreement Between Note Holders (Bank 2018-Bnk13), Agreement Between Note Holders (Morgan Stanley Capital I Trust 2018-H3)

Custody of Mortgage Loan Documents. Prior to On and after the closing of the Lead Securitization DateSecuritization, the originals of all of the Mortgage Loan Documents (other than the originals of the Non-Lead Securitization Notes, which will ) shall be held by the respective Note Holders or their designated custodians) will be held by the Initial Agent (or a duly appointed interim servicer or custodian on its behalf) on behalf of the registered holders of the Notes. If the Lead Securitization is not also the Note A-1 Securitization, then on and after the Lead Securitization Date, the originals of all of the Mortgage Loan Documents (other than any Notes not included in such Lead Securitization, which will be held by the respective Note Holders or their designated custodians) shall be held in the name of the trustee (and held by Trustee through a duly appointed custodian therefor) under , in accordance with the terms of the Lead Securitization Servicing Agreement, on behalf of the registered holders of the Notes. On and after ; provided that if the First Securitization is not the Note A-1 Securitization DateSecuritization, (i) the originals of all of the Mortgage Loan Documents (other than the Notes not being deposited into the First Securitization) shall be transferred to and held by the Trustee (of the First Securitization) through a duly appointed custodian therefor under the First Securitization, on behalf of the registered holders of the Notes, until the closing of the Note A-1 Securitization, on which date, the originals of all of the Mortgage Loan Documents (other than any the Notes not included in being deposited into the Note A-1 Securitization) shall be transferred to and held in the name of the trustee Trustee (and held by a duly appointed custodian therefor) under the Note A-1 PSA, PSA on behalf of the registered holders of the Notes; and (ii) all Mortgage Loan Documents (other than the Note that is deposited into the First Securitization) shall not be recorded or filed to reflect the name of the trustee under the Securitization Servicing Agreement for the First Securitization (except to the extent specifically provided for in the Securitization Servicing Agreement for the First Securitization).

Appears in 8 contracts

Samples: Agreement Between Note Holders (Benchmark 2019-B15 Mortgage Trust), Agreement Between Note Holders (JPMDB Commercial Mortgage Securities Trust 2019-Cor6), Agreement Between Note Holders (Benchmark 2019-B14 Mortgage Trust)

Custody of Mortgage Loan Documents. Prior to the Lead Securitization DateSecuritization, the originals of all of the Mortgage Loan Documents shall be held by the Initial Agent on behalf of the registered holders of the Notes. On and after the closing of the Lead Securitization, the originals of all of the Mortgage Loan Documents (other than the Notes, which will be held by the respective Note Holders or their designated custodians) will be held by the Initial Agent (or a duly appointed interim servicer or custodian on its behalf) on behalf originals of the registered holders of the Notes. If the any Non-Lead Securitization is not also the Note A-1 Securitization, then on and after the Lead Securitization Date, the originals of all of the Mortgage Loan Documents (other than any Notes not included in such Lead Securitization, which will be held by the respective Note Holders or their designated custodiansNote) shall be held in the name of the trustee Trustee (and held by a duly appointed custodian therefor) under ), in accordance with the terms of the Lead Securitization Servicing Agreement, on behalf of the registered holders of the Notes. On and after ; provided that if the Lead Securitization is not the Note A-1 Securitization DateSecuritization, the originals of all of the Mortgage Loan Documents (other than any Notes not included in the Note A-1 SecuritizationA-2 and Note A-3) shall not be transferred recorded or filed to and held in reflect the name of the trustee (and held by a duly appointed custodian therefor) under the Lead Securitization Servicing Agreement for such Lead Securitization (except to the extent specifically provided for in the Lead Securitization Servicing Agreement to the extent Note A-1 PSA, on behalf is not included in a Securitization within a specified period of the registered holders of the Notestime).

Appears in 7 contracts

Samples: Agreement Between Note Holders (Wells Fargo Commercial Mortgage Trust 2020-C58), Agreement Between Note Holders (BBCMS Mortgage Trust 2020-C7), Agreement Between Note Holders (Wells Fargo Commercial Mortgage Trust 2020-C55)

Custody of Mortgage Loan Documents. Prior to the Lead Securitization Date, the Date originals of all of the Mortgage Loan Documents (other than the Notes, which will be held by the respective Note Holders or their designated custodians) will be held by the Initial Agent (or a duly appointed interim servicer or custodian on its behalf) of the Initial Agent on behalf of the registered holders of the Notes. Each Note will be held by its respective Note Holder or a duly appointed custodian of such Note Holder. If the Lead Securitization is not also the Note A-1 Securitization, then on and after the Lead Securitization DateDate the originals of all of the Mortgage Loan Documents (other than Note A-1 and any other Notes not included in such Lead Securitization) shall be held in the name of the trustee (and held by a duly appointed custodian therefor) under the Lead Securitization Servicing Agreement on behalf of the registered holders of the Notes. On and after the closing date of the Note A-1 Securitization, the originals of all of the Mortgage Loan Documents (other than any Notes not included in such Lead the Note A-1 Securitization, which will be held by the respective Note Holders or their designated custodians) shall be transferred to and held in the name of the trustee (and held by a duly appointed custodian therefor) under the Lead Securitization Servicing Agreement, on behalf of the registered holders of the Notes. On and after the Note A-1 Securitization Date, the originals of all of the Mortgage Loan Documents (other than any Notes not included in the Note A-1 Securitization) shall be transferred to and held in the name of the trustee (and held by a duly appointed custodian therefor) under the Note A-1 PSA, on behalf of the registered holders of the Notes.

Appears in 6 contracts

Samples: Agreement Between Note Holders (BBCMS Mortgage Trust 2023-C22), Agreement Between Note Holders (BMO 2023-C6 Mortgage Trust), Agreement Between Note Holders (Bank 2020-Bnk25)

Custody of Mortgage Loan Documents. Prior to On and after the closing of the Lead Securitization DateSecuritization, the originals of all of the Mortgage Loan Documents (other than the originals of the Non-Lead Securitization Notes, which will ) shall be held by the respective Note Holders or their designated custodians) will be held by the Initial Agent (or a duly appointed interim servicer or custodian on its behalf) on behalf of the registered holders of the Notes. If the Lead Securitization is not also the Note A-1 Securitization, then on and after the Lead Securitization Date, the originals of all of the Mortgage Loan Documents (other than any Notes not included in such Lead Securitization, which will be held by the respective Note Holders or their designated custodians) shall be held in the name of the trustee (and held by Trustee through a duly appointed custodian therefor) under , in accordance with the terms of the Lead Securitization Servicing Agreement, on behalf of the registered holders of the Notes. On and after ; provided that if the First Securitization is not the Note A-1 Securitization DateSecuritization, (i) the originals of all of the Mortgage Loan Documents (other than the Notes not securitized in the First Securitization) shall be transferred to and held by the Trustee (of the First Securitization) through a duly appointed custodian therefor under the First Securitization, on behalf of the registered holders of the Notes, until the closing of the Note A-1 Securitization, on which date, the originals of all of the Mortgage Loan Documents (other than any the Notes not included securitized in the Note A-1 Securitization) shall be transferred to and held in the name of the trustee Trustee (and held by a duly appointed custodian therefor) under the Note A-1 PSA, PSA on behalf of the registered holders of the Notes; and (ii) all Mortgage Loan Documents shall not be recorded or filed to reflect the name of the trustee under the Securitization Servicing Agreement for the First Securitization (except to the extent specifically provided for in the Securitization Servicing Agreement for the First Securitization).

Appears in 6 contracts

Samples: Agreement Between Note Holders (Bank 2021-Bnk31), Agreement Between Note Holders (Bank 2020-Bnk30), Agreement Between Note Holders (Bank 2020-Bnk29)

Custody of Mortgage Loan Documents. Prior to the Lead Note A-1 Securitization Date and the Note A-2 Securitization Date, the originals of all of the Mortgage Loan Documents (other than the Notes, which will be held by the respective Note Holders or their designated custodiansA-1 and Note A-2) will be held by the Initial Agent (or a duly appointed interim servicer or custodian on its behalf) on behalf of the registered holders of the Notes. If the Lead Securitization is not also the Note A-1 Securitization, then on and after the Lead Securitization Date, Date the originals of all of the Mortgage Loan Documents (other than Note A-1 and any other Notes not included in such Lead Securitization, which will be held by the respective Note Holders or their designated custodians) shall be held in the name of the trustee (and held by a duly appointed custodian therefor) under the Lead Securitization Servicing Agreement, Agreement on behalf of the registered holders of the Notes. On and after the Note A-1 Securitization Date, the originals of all of the Mortgage Loan Documents (other than Note A-2, unless any Notes not such Note is also included in the Note A-1 Securitization) shall be transferred to and held in the name of the trustee (and held by a duly appointed custodian therefor) under the Note A-1 PSA, on behalf of the registered holders of the Notes.

Appears in 6 contracts

Samples: Agreement Between Note Holders (UBS Commercial Mortgage Trust 2019-C18), Agreement Between Note Holders (CSAIL 2019-C18 Commercial Mortgage Trust), Agreement Between Note Holders (UBS Commercial Mortgage Trust 2019-C17)

Custody of Mortgage Loan Documents. Prior to the Lead Securitization Date, the originals of all of the Mortgage Loan Documents (other than the Notes, which will be held by the respective Note Holders or their designated custodians) will be held by the Initial Agent (or a duly appointed interim servicer custodian of the Initial Agent on behalf it’s the registered holders of the Notes. Each Note will be held by its respective Note Holder or a duly appointed custodian of such Note Holder. If the Lead Securitization is not also the Note A-8 Securitization, then on its behalfand after the Lead Securitization Date the originals of all of the Mortgage Loan Documents (other than Note A-8 and any other Notes not included in such Lead Securitization) shall be held in the name of the trustee (and held by a duly appointed custodian therefor) under the Lead Securitization Servicing Agreement on behalf of the registered holders of the Notes. If the Lead Securitization is not also the Note A-1 Securitization, then on On and after the Lead Securitization Dateclosing date of the Note A-8 Securitization, the originals of all of the Mortgage Loan Documents (other than any Notes not included in such Lead the Note A-8 Securitization, which will be held by the respective Note Holders or their designated custodians) shall be transferred to and held in the name of the trustee (and held by a duly appointed custodian therefor) under the Lead Securitization Servicing Agreement, on behalf of the registered holders of the Notes. On and after the Note A-1 Securitization Date, the originals of all of the Mortgage Loan Documents (other than any Notes not included in the Note A-1 Securitization) shall be transferred to and held in the name of the trustee (and held by a duly appointed custodian therefor) under the Note A-1 PSA, on behalf of the registered holders of the Notes.

Appears in 4 contracts

Samples: Agreement Between Note Holders (UBS Commercial Mortgage Trust 2018-C11), Agreement Between Note Holders (UBS Commercial Mortgage Trust 2018-C9), Agreement Between Note Holders (UBS Commercial Mortgage Trust 2018-C8)

Custody of Mortgage Loan Documents. Prior to the Lead Securitization Date, the originals of all of the Mortgage Loan Documents (other than the Notes, which will be held by the respective Note Holders or their designated custodiansA-2) will be held by the Initial Agent (or a duly appointed interim servicer or custodian on its behalf) on behalf of the registered holders of the Notes. If On and after the Lead Securitization is not also Date but prior to the Note A-1 Securitization, then on and after the Lead Securitization Date, the originals of all of the Mortgage Loan Documents (other than any Notes not included in promissory notes unrelated to such Lead Securitization, which will be held by the respective Note Holders or their designated custodians) shall be held in the name of the trustee (and held by a duly appointed custodian therefor) under the Lead Securitization related Pooling and Servicing Agreement, on behalf of the registered holders of the Notes. On and after the Note A-1 Securitization Date, the originals of all of the Mortgage Loan Documents (other than any Notes not included in the promissory notes unrelated to the Note A-1 Securitization) shall will be transferred to and held in the name of the trustee (and held by a duly appointed custodian therefor) under the Note A-1 PSA, on behalf of the registered holders of the Notes.

Appears in 4 contracts

Samples: Co Lender Agreement (JPMDB Commercial Mortgage Securities Trust 2016-C4), Co Lender Agreement (JPMCC Commercial Mortgage Securities Trust 2016-Jp3), Co Lender Agreement (DBJPM 2016-C3 Mortgage Trust)

Custody of Mortgage Loan Documents. Prior to the Lead Securitization DateDate the originals of all of the Mortgage Loan Documents (other than Note X-0, Xxxx X-0, Xxxx X-0 and Note A-5) will be held by the Initial Agent on behalf of the registered holders of the Notes. On and after the Securitization Date (if the Note A-2 Securitization Date has not occurred), the originals of all of the Mortgage Loan Documents (other than Note A-2 and the Notes, which will be held by the respective Note Holders or their designated custodiansother Note(s) will be held by the Initial Agent (or a duly appointed interim servicer or custodian on its behalf) on behalf of the registered holders of the Notes. If the Lead Securitization is not also the Note A-1 Securitization, then on and after the Lead Securitization Date, the originals of all of the Mortgage Loan Documents (other than any Notes not included in the Securitization on such Lead Securitization, which will be held by the respective Note Holders or their designated custodiansSecuritization Date) shall be held in the name of the trustee (and held by a duly appointed custodian therefor) under the Lead Securitization Servicing Agreement, applicable pooling and servicing agreement on behalf of the registered holders of the Notes. On and after the Note A-1 A-2 Securitization Date, the originals of all of the Mortgage Loan Documents (other than any Notes Note(s) not included in the Note A-1 A-2 Securitization) shall be transferred to and held in the name of the trustee (and held by a duly appointed custodian therefor) under the Note A-1 A-2 PSA, on behalf of the registered holders of the Notes.

Appears in 4 contracts

Samples: Agreement Between Note Holders (Bank of America Merrill Lynch Commercial Mortgage Trust 2017-Bnk3), Agreement Between Note Holders (Wells Fargo Commercial Mortgage Trust 2017-Rb1), Agreement Between Note Holders (BBCMS Mortgage Trust 2017-C1)

Custody of Mortgage Loan Documents. Prior to the Lead Note A-1 Securitization Date, the originals of all of the Mortgage Loan Documents (other than the Notes, which will be held by the respective Note Holders or their designated custodians) will be held by the Initial Agent (or a duly appointed interim servicer or custodian on its behalfdesignee) on behalf of the registered holders of the Notes. If the Lead Securitization is not also the Note A-1 Securitization, then on and after the Lead Securitization Date, the originals of all of the Mortgage Loan Documents (other than any Notes not included in such Lead Securitization, which will be held by the respective Note Holders or their designated custodians) shall be held in the name of the trustee (and held by a duly appointed custodian therefor) under the Lead Securitization Servicing Agreement, on behalf of the registered holders of the Notes. On and after the Note A-1 Securitization Date, the originals of all of the Mortgage Loan Documents (other than any the Non-Lead Securitization Notes not included in at such time) shall be held by a custodian appointed under the Note A-1 SecuritizationSecuritization Servicing Agreement, on behalf of the registered holders of the Notes. On and after the Note A/B Securitization Date, the originals of all of the Mortgage Loan Documents (other than the Non-Lead Securitization Notes at such time) shall be transferred to and held in the name of the trustee Trustee (and held by a duly appointed custodian therefor) under the Note A-1 PSAA/B Securitization Servicing Agreement, on behalf of the registered holders of the Notes. Each Note shall be held by the respective Noteholder or a custodian appointed by such Noteholder.

Appears in 3 contracts

Samples: Agreement (CF 2019-Cf3 Mortgage Trust), Agreement (COMM 2019-Gc44 Mortgage Trust), Agreement Between Noteholders (Benchmark 2019-B14 Mortgage Trust)

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Custody of Mortgage Loan Documents. Prior to the Lead Securitization Date, the originals of all of the Mortgage Loan Documents (other than the Notes, which will be held by the respective Note Holders or their designated custodians) will be held by the Initial Agent (or a duly appointed interim servicer or custodian on its behalf) on behalf of the registered holders of the Notes. If the Lead Securitization is not also the Note A-1 A-1-A Securitization, then on and after the Lead Securitization Date, the originals of all of the Mortgage Loan Documents (other than any Notes not included in such Lead Securitization, which will be held by the respective Note Holders or their designated custodians) shall be held in the name of the trustee (and held by a duly appointed custodian therefor) under the Lead Securitization Servicing Agreement, on behalf of the registered holders of the Notes. On and after the Note A-1 A-1-A Securitization Date, the originals of all of the Mortgage Loan Documents (other than any Notes not included in the Note A-1 A-1-A Securitization) shall be transferred to and held in the name of the trustee (and held by a duly appointed custodian therefor) under the Note A-1 A-1-A PSA, on behalf of the registered holders of the Notes.

Appears in 3 contracts

Samples: Agreement Between Note Holders (Wells Fargo Commercial Mortgage Trust 2024-C63), Agreement Between Note Holders (BBCMS Mortgage Trust 2024-C28), Agreement Between Note Holders (BMO 2024-C9 Mortgage Trust)

Custody of Mortgage Loan Documents. Prior to the Lead Securitization Datedate of the First Securitization, the originals of all of the Mortgage Loan Documents (other than the Notes, which will be held by the respective Note Holders or their designated custodians) will be held by the Initial Agent (or a duly appointed interim servicer or custodian on its behalfdesignee) on behalf of the registered holders of the Notes. If the Lead Securitization is not also the Note A-1 Securitization, then on On and after the Lead Securitization Datedate of the First Securitization, the originals of all of the Mortgage Loan Documents (other than any Notes not included in such Non-Lead Securitization, which will be held by the respective Note Holders or their designated custodiansSecuritization Note) shall be held in the name of the trustee Trustee (and held by a duly appointed custodian therefor) under the Lead Securitization Servicing Agreement, on behalf of the registered holders of the Notes. On and after the date of any subsequent Securitization, any Note included in the Securitization Trust related to such Securitization shall be held in the name of the trustee of the related Securitization Trust (and held by a duly appointed custodian therefor) under the related Securitization Servicing Agreement, on behalf of the related Note Holder. Notwithstanding the foregoing, in the event Note A-1 Securitization Dateis not deposited into the First Securitization, upon transfer of Note A-1 to the Note A-1 Securitization, the originals of all of the Mortgage Loan Documents (other than Note A-2 and any Notes not included in the Note A-1 Securitizationother Non-Lead Notes, if applicable) shall be transferred to and held in the name of the trustee Trustee (and held by a duly appointed custodian therefor) under the Note A-1 PSALead Securitization Servicing Agreement, on behalf of the registered holders of the Notes.

Appears in 2 contracts

Samples: Agreement Between Note Holders (Bank5 2023-5yr1), Agreement Between Note Holders (FIVE 2023-V1 Mortgage Trust)

Custody of Mortgage Loan Documents. Prior to the Lead Note A-1 Securitization Date and the Note A-2 Securitization Date, the originals of all of the Mortgage Loan Documents (other than the Notes, which will be held by the respective Note Holders or their designated custodiansA-1 and Note A-2) will be held by the Initial Agent (or a duly appointed interim servicer or custodian on its behalf) on behalf of the registered holders of the Notes. If the Lead Securitization is not also the Note A-1 A-2 Securitization, then on and after the Lead Securitization Date, Date the originals of all of the Mortgage Loan Documents (other than Note A-2 and any other Notes not included in such Lead Securitization, which will be held by the respective Note Holders or their designated custodians) shall be held in the name of the trustee (and held by a duly appointed custodian therefor) under the Lead Securitization Servicing Agreement, Agreement on behalf of the registered holders of the Notes. On and after the Note A-1 A-2 Securitization Date, the originals of all of the Mortgage Loan Documents (other than Note A-1, unless any Notes not such Note is also included in the Note A-1 A-2 Securitization) shall be transferred to and held in the name of the trustee (and held by a duly appointed custodian therefor) under the Note A-1 A-2 PSA, on behalf of the registered holders of the Notes.

Appears in 2 contracts

Samples: Agreement Between Note Holders (UBS Commercial Mortgage Trust 2019-C17), Agreement Between Note Holders (BBCMS Mortgage Trust 2019-C4)

Custody of Mortgage Loan Documents. Prior to the Lead Note A-1 Securitization Date, the Note A-2 Securitization Date and the Note A-3 Securitization Date, the originals of all of the Mortgage Loan Documents (other than the NotesNote A-1, which will be held by the respective Note Holders or their designated custodiansA-2 and Note A-3) will be held by the Initial Agent (or a duly appointed interim servicer or custodian on its behalf) on behalf of the registered holders of the Notes. If the Lead Securitization is not also the Note A-1 A-2 Securitization, then on and after the Lead Securitization Date, Date the originals of all of the Mortgage Loan Documents (other than Note A-2 and any other Notes not included in such Lead Securitization, which will be held by the respective Note Holders or their designated custodians) shall be held in the name of the trustee (and held by a duly appointed custodian therefor) under the Lead Securitization Servicing Agreement, Agreement on behalf of the registered holders of the Notes. On and after the Note A-1 A-2 Securitization Date, the originals of all of the Mortgage Loan Documents (other than Note A-1, Note A-2 and Note A-3, unless any Notes not such Note is also included in the Note A-1 A-2 Securitization) shall be transferred to and held in the name of the trustee (and held by a duly appointed custodian therefor) under the Note A-1 A-2 PSA, on behalf of the registered holders of the Notes.

Appears in 2 contracts

Samples: Agreement Between Note Holders (UBS Commercial Mortgage Trust 2019-C17), Agreement Between Note Holders (Wells Fargo Commercial Mortgage Trust 2019-C51)

Custody of Mortgage Loan Documents. Prior to The originals of all of the Mortgage Loan Documents (other than the Non-Lead Notes) will be held by the Trustee (or by a custodian on its behalf) of the Note A-1 Securitization Dateunder the terms of the Note A-1 PSA on behalf of all of the Holders; provided that if the Note A-1 Securitization is not the First Securitization, the originals of all of the Mortgage Loan Documents (other than the Notes, which will be held by Notes not deposited in the respective Note Holders or their designated custodiansFirst Securitization) will be held by the Initial Agent Trustee (or by a duly appointed interim servicer or custodian on its behalf) on behalf of for the registered holders of the Notes. If the Lead Securitization is not also First Securitization, until the Note A-1 Securitization, then on and after the Lead Securitization Date, at which time the originals of all of the Mortgage Loan Documents (other than any Notes not included in such Lead Securitization, which will be held by the respective Note Holders or their designated custodians) shall be held in the name of the trustee (and held by a duly appointed custodian therefor) under the Lead Securitization Servicing Agreement, on behalf of the registered holders of the Notes. On and after the Note A-1 Securitization Date, the originals of all of the Mortgage Loan Documents (other than any Notes not included in the Note A-1 Securitization) shall will be transferred to and held in by the Note A-1 Trustee on behalf of all of the Holders. Unless required pursuant to the PSA for the First Securitization, the Mortgage Loan Documents (other than the Note that is deposited into the First Securitization) shall not be required to be recorded or filed to reflect the name of the trustee (and held by a duly appointed custodian therefor) Trustee under the Note A-1 PSA, on behalf of PSA for the registered holders of the NotesFirst Securitization.

Appears in 2 contracts

Samples: Co Lender Agreement (Wells Fargo Commercial Mortgage Trust 2017-C38), Co Lender Agreement (CFCRE 2017-C8 Mortgage Trust)

Custody of Mortgage Loan Documents. Prior to the Lead Note A-1-A Securitization Date, the Note A-1-B Securitization Date and the Note A-2 Securitization Date, the originals of all of the Mortgage Loan Documents (other than the NotesNote A-1-A, which will be held by the respective Note Holders or their designated custodiansA-1-B and Note A-2) will be held by the Initial Agent (or a duly appointed interim servicer or custodian on its behalf) on behalf of the registered holders of the Notes. If the Lead Securitization is not also the Note A-1 A-2 Securitization, then on and after the Lead Securitization Date, Date the originals of all of the Mortgage Loan Documents (other than Note A-2 and any other Notes not included in such Lead Securitization, which will be held by the respective Note Holders or their designated custodians) shall be held in the name of the trustee (and held by a duly appointed custodian therefor) under the Lead Securitization Servicing Agreement, Agreement on behalf of the registered holders of the Notes. On and after the Note A-1 A-2 Securitization Date, the originals of all of the Mortgage Loan Documents (other than Note A-1-A and Note A-1-B, unless any Notes not such Note is also included in the Note A-1 A-2 Securitization) shall be transferred to and held in the name of the trustee (and held by a duly appointed custodian therefor) under the Note A-1 A-2 PSA, on behalf of the registered holders of the Notes.

Appears in 2 contracts

Samples: Agreement Between Note Holders (BBCMS Mortgage Trust 2024-5c29), Agreement Between Note Holders (BMO 2024-5c5 Mortgage Trust)

Custody of Mortgage Loan Documents. Prior to On and after the closing of the Lead Securitization DateSecuritization, the originals of all of the Mortgage Loan Documents (other than the originals of the Non-Lead Securitization Notes, which will ) shall be held by the respective Note Holders or their designated custodians) will be held by the Initial Agent (or a duly appointed interim servicer or custodian on its behalf) on behalf of the registered holders of the Notes. If the Lead Securitization is not also the Note A-1 Securitization, then on and after the Lead Securitization Date, the originals of all of the Mortgage Loan Documents (other than any Notes not included in such Lead Securitization, which will be held by the respective Note Holders or their designated custodians) shall be held in the name of the trustee (and held by Trustee through a duly appointed custodian therefor) under , in accordance with the terms of the Lead Securitization Servicing Agreement, on behalf of the registered holders of the Notes. On and after ; provided that if the First Securitization is not the Note A-1 Securitization DateA-2 Securitization, (i) the originals of all of the Mortgage Loan Documents (other than the Notes not being deposited into the First Securitization) shall be transferred to and held by the Trustee (of the First Securitization) through a duly appointed custodian therefor under the First Securitization, on behalf of the registered holders of the Notes, until the closing of the Note A-2 Securitization, on which date, the originals of all of the Mortgage Loan Documents (other than any the Notes not included in being deposited into the Note A-1 A-2 Securitization) shall be transferred to and held in the name of the trustee Trustee (and held by a duly appointed custodian therefor) under the Note A-1 PSA, A-2 PSA on behalf of the registered holders of the Notes; and (ii) all Mortgage Loan Documents (other than the Notes not being deposited into the Note A-2 Securitization) shall not be recorded or filed to reflect the name of the trustee under the Securitization Servicing Agreement for the First Securitization (except to the extent specifically provided for in the Securitization Servicing Agreement for the First Securitization).

Appears in 2 contracts

Samples: Agreement Between Note Holders (Bank 2022-Bnk42), Agreement Between Note Holders (Bank 2022-Bnk41)

Custody of Mortgage Loan Documents. As of the date of this Agreement, the Mortgage Loan Documents are currently being held by Xxxxx Fargo Bank, National Association, on behalf of the Initial Agent, for the benefit of the registered holders of the Notes. Prior to the Lead Note A-1 Securitization Date, the originals of all of the Mortgage Loan Documents will be held by Xxxxx Fargo Bank, National Association, on behalf of the Initial Agent or the successor Agent to the Initial Agent, for the benefit of the registered holders of the Notes. On and after the Note A-1 Securitization Date but prior to the Note A-2 Securitization Date, the originals of all of the Mortgage Loan Documents (other than the Notes, which will be held by the respective Note Holders or their designated custodians) will be held by the Initial Agent (or a duly appointed interim servicer or custodian on its behalf) on behalf of the registered holders of the Notes. If the Lead Securitization is not also the Note A-1 Securitization, then on and after the Lead Securitization Date, the originals of all of the Mortgage Loan Documents (other than any Notes not included in such Lead Securitization, which will be held by the respective Note Holders or their designated custodiansA-2) shall be held in the name of the trustee (and held by a duly appointed custodian therefor) under the Lead Securitization Servicing Agreement, on behalf of the registered holders of the Notes. On and after the Note A-1 Securitization Date, the originals of all of the Mortgage Loan Documents (other than any Notes not included in the Note A-1 Securitization) shall be transferred to and held in the name of the trustee (and held by a duly appointed custodian therefor) under the Note A-1 PSA, on behalf of the registered holders of the Notes. On and after the Note A-2 Securitization Date, the originals of all of the Mortgage Loan Documents (other than Note A-1) will be transferred to and held in the name of the trustee (and held by a duly appointed custodian therefor) under the Note A-2 PSA, on behalf of the registered holders of the Notes.

Appears in 1 contract

Samples: Co Lender Agreement (JPMBB Commercial Mortgage Securities Trust 2015-C32)

Custody of Mortgage Loan Documents. As of the date of this Agreement, the Mortgage Loan Documents are currently being held by Xxxxx Fargo Bank, National Association, on behalf of the Initial Agent, for the benefit of the registered holders of the Notes. Prior to the Lead Note A-2 Securitization Date, the originals of all of the Mortgage Loan Documents will be held by Xxxxx Fargo Bank, National Association, on behalf of the Initial Agent or the successor Agent to the Initial Agent, for the benefit of the registered holders of the Notes. On and after the Note A-2 Securitization Date but prior to the Note A-1 Securitization Date, the originals of all of the Mortgage Loan Documents (other than the Notes, which will be held by the respective Note Holders or their designated custodians) will be held by the Initial Agent (or a duly appointed interim servicer or custodian on its behalf) on behalf of the registered holders of the Notes. If the Lead Securitization is not also the Note A-1 Securitization, then on and after the Lead Securitization Date, the originals of all of the Mortgage Loan Documents (other than any Notes not included in such Lead Securitization, which will be held by the respective Note Holders or their designated custodiansA-1) shall be held in the name of the trustee (and held by a duly appointed custodian therefor) under the Lead Securitization Servicing AgreementNote A-2 PSA, on behalf of the registered holders of the Notes. On and after the Note A-1 Securitization Date, the originals of all of the Mortgage Loan Documents (other than any Notes not included in the Note A-1 SecuritizationA-2) shall will be transferred to and held in the name of the trustee (and held by a duly appointed custodian therefor) under the Note A-1 PSA, on behalf of the registered holders of the Notes.

Appears in 1 contract

Samples: Co Lender Agreement (GS Mortgage Securities Trust 2015-Gc32)

Custody of Mortgage Loan Documents. Prior to the Lead Note A-1 Securitization Date, the Note A-2 Securitization Date, the Note A-3 Securitization Date and the Note A-4 Securitization Date, the originals of all of the Mortgage Loan Documents (other than the NotesNote X-0, which will be held by the respective Xxxx X-0, Xxxx X-0 and Note Holders or their designated custodiansA-4) will be held by the Initial Agent (or a duly appointed interim servicer or custodian on its behalf) on behalf of the registered holders of the Notes. If the Lead Securitization is not also the Note A-1 Securitization, then on and after the Lead Securitization Date, Date the originals of all of the Mortgage Loan Documents (other than Note A-1 and any other Notes not included in such Lead Securitization, which will be held by the respective Note Holders or their designated custodians) shall be held in the name of the trustee (and held by a duly appointed custodian therefor) under the Lead Securitization Servicing Agreement, Agreement on behalf of the registered holders of the Notes. On and after the Note A-1 Securitization Date, the originals of all of the Mortgage Loan Documents (other than Note A-2, Note A-3 and Note A-4, unless any Notes not such Note is also included in the Note A-1 Securitization) shall be transferred to and held in the name of the trustee (and held by a duly appointed custodian therefor) under the Note A-1 PSA, on behalf of the registered holders of the Notes.

Appears in 1 contract

Samples: Agreement Between Note Holders (BMO 2022-C2 Mortgage Trust)

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