Common use of Defeasance and Assumption Costs Clause in Contracts

Defeasance and Assumption Costs. The related Mortgage Loan documents provide that the related borrower is responsible for the payment of all reasonable costs and expenses of the lender incurred in connection with the defeasance of such Mortgage Loan and the release of the related Mortgaged Property, and the borrower is required to pay all reasonable costs and expenses of the lender associated with the approval of an assumption of such Mortgage Loan.

Appears in 53 contracts

Samples: Pooling and Servicing Agreement (Morgan Stanley Capital I Trust 2007-Hq13), Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2007-Hq13), Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2007-Hq13)

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Defeasance and Assumption Costs. The related Mortgage Loan documents Documents provide that the related borrower is responsible for the payment of all reasonable costs and expenses of the lender Lender incurred in connection with (i) the defeasance of such Mortgage Loan and the release of the related Mortgaged Property, and the borrower is required to pay all reasonable costs and expenses of the lender associated with (ii) the approval of an assumption of such Mortgage Loan.

Appears in 41 contracts

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2007-Iq13), Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2007-Iq15), Pooling and Servicing Agreement (Morgan Stanley Capital I Trust 2004 IQ8)

Defeasance and Assumption Costs. The related Mortgage Loan documents Documents provide that the related borrower is responsible for the payment of all reasonable costs and expenses of the lender incurred in connection with the defeasance of such Mortgage Loan and the release of the related Mortgaged Property, and the borrower is required to pay all reasonable costs and expenses of the lender associated with the approval of an assumption of such Mortgage Loan.

Appears in 31 contracts

Samples: Mortgage Loan Purchase Agreement (Gmac Commercial Mortgage Securities Inc), Mortgage Loan Purchase Agreement (GMAC Commercial Mortgage Securities, Inc. Series 2005-C1 Trust), Mortgage Loan Purchase Agreement (Gmac Commercial Mortgage Securities Inc)

Defeasance and Assumption Costs. The related Mortgage Loan documents Documents provide that the related borrower is responsible for the payment of all reasonable costs and expenses of the lender mortgagee incurred in connection with the defeasance of such Mortgage Loan and the release of the related Mortgaged Property, and the borrower is required to pay all reasonable costs and expenses of the lender mortgagee associated with the approval of an assumption of such Mortgage Loan.

Appears in 11 contracts

Samples: Mortgage Loan Purchase Agreement (COBALT CMBS Commercial Mortgage Trust 2007-C2), Mortgage Loan Purchase Agreement (COBALT CMBS Commercial Mortgage Trust 2006-C1), Mortgage Loan Purchase Agreement (COBALT CMBS Commercial Mortgage Trust 2007-C3)

Defeasance and Assumption Costs. The related Mortgage Loan documents provide that the related borrower is responsible for the payment of all reasonable costs and expenses of the lender Lender incurred in connection with (i) the defeasance of such Mortgage Loan and the release of the related Mortgaged Property, and the borrower is required to pay all reasonable costs and expenses of the lender associated with (ii) the approval of an assumption of such Mortgage Loan.

Appears in 3 contracts

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2006-Hq10), Pooling and Servicing Agreement (Morgan Stanley Capital I Trust 2007-Hq12), Pooling and Servicing Agreement (Morgan Stanley Capital I Trust 2006-Hq10)

Defeasance and Assumption Costs. The If the related Mortgage Loan documents provide that Documents allow for defeasance, the related borrower is responsible for the payment of all reasonable costs and expenses of the lender Lender incurred in connection with the defeasance of such Mortgage Loan and the release of the related Mortgaged Property, and the borrower is required to pay all reasonable costs and expenses of the lender Lender associated with the approval of an assumption of such Mortgage Loan.

Appears in 2 contracts

Samples: Mortgage Origination and Servicing Agreement (CreXus Investment Corp.), Mortgage Origination and Servicing Agreement (CreXus Investment Corp.)

Defeasance and Assumption Costs. The related Mortgage Loan documents Documents provide that the related borrower is responsible for the payment of all reasonable costs and expenses of the lender Lender incurred in connection with the defeasance of such Mortgage Loan and the release of the related Mortgaged Property, and the borrower is required to pay all reasonable costs and expenses of the lender Lender associated with the approval of an assumption of such Mortgage Loan.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Dean Witter Cap I Inc Dep for Series 2001-Top)

Defeasance and Assumption Costs. The related Mortgage Loan documents Documents provide that the related borrower is responsible for the payment of all reasonable costs and expenses of the lender incurred in connection with the defeasance of such Mortgage Loan and the release of the related Mortgaged Property, and the borrower is required to pay all reasonable costs and expenses of the lender associated with the approval of an assumption of such Mortgage Loan.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Gmac Commercial Mortgage Securities Inc)

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Defeasance and Assumption Costs. The related Mortgage Loan documents Documents provide that the related borrower is responsible for the payment of all reasonable costs and expenses of the lender incurred in connection with (i) the defeasance of such Mortgage Loan and the release of the related Mortgaged Property, and the borrower is required to pay all reasonable costs and expenses of the lender associated with (ii) the approval of an assumption of such Mortgage Loan.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Credit Suisse First Boston Mortgage Securities Corp)

Defeasance and Assumption Costs. The related Mortgage Loan documents Documents provide that the related borrower is responsible for the payment of all reasonable costs and expenses of the lender Lender incurred in connection with the defeasance of such Mortgage Loan and the release of the related Mortgaged Property, and the borrower is required to pay all reasonable costs and expenses of the lender Lender associated with the approval of an assumption of such Mortgage Loan.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Dean Witter Cap I Inc Dep for Series 2001-Top)

Defeasance and Assumption Costs. The related Mortgage Loan documents provide that the related borrower Mortgagor is responsible for the payment of all reasonable costs and expenses of the lender Lender incurred in connection with (i) the defeasance of such Mortgage Loan and the release of the related Mortgaged Property, and the borrower is required to pay all reasonable costs and expenses of the lender associated with (ii) the approval of an assumption of such Mortgage Loan.

Appears in 1 contract

Samples: Tiaa Mortgage Loan Purchase Agreement (TIAA Seasoned Commercial Mortgage Trust 2007-C4)

Defeasance and Assumption Costs. The related Mortgage Loan documents Documents provide that the related borrower is responsible for the payment of all reasonable costs and expenses of the lender Lender incurred in connection with (i) the defeasance of such the Mortgage Loan and the release of the related Mortgaged Property, and the borrower is required to pay all reasonable costs and expenses of the lender associated with (ii) the approval of an assumption of such the Mortgage Loan.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2006-Iq11)

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