Common use of Defeasance and Assumption Costs Clause in Contracts

Defeasance and Assumption Costs. If any Mortgage Loan permits defeasance, then the related Mortgage Loan documents provide that the related Mortgagor is responsible for the payment of all reasonable costs and expenses associated with defeasance incurred by the related mortgagee, including Rating Agency fees. If any Mortgage Loan permits assumptions, then the related Mortgage Loan documents provide that the related Mortgagor is responsible for all reasonable costs and expenses associated with an assumption incurred by the related mortgagee.

Defeasance and Assumption Costs. If any Mortgage Loan permits defeasance, then the related Mortgage Loan Documents provide for defeasance, such documents provide that the related Mortgagor is responsible for the payment of all reasonable costs and expenses associated of Lender incurred in connection with the defeasance incurred by of such Mortgage Loan and the release of the related mortgagee, including Rating Agency feesMortgaged Property. If any Mortgage Loan permits assumptions, then the The related Mortgage Loan documents provide that Documents require the related Mortgagor is responsible for to pay all reasonable costs and expenses of Lender associated with the approval of an assumption incurred by the related mortgageeof such Mortgage Loan.

Defeasance and Assumption Costs. If any Mortgage Loan permits defeasance, then the related Mortgage Loan documents Documents provide that the related Mortgagor Borrower is responsible for the payment of all reasonable costs and expenses associated with defeasance incurred by the related mortgagee, including Rating Agency fees. If any Mortgage Loan permits assumptions, then the related Mortgage Loan documents Documents provide that the related Mortgagor Borrower is responsible for all reasonable costs and expenses associated with an assumption incurred by the related mortgagee.

Defeasance and Assumption Costs. If any Mortgage Loan permits defeasance, then the related Mortgage Loan documents Documents provide that the related Mortgagor is responsible for the payment of all reasonable costs and expenses associated with defeasance incurred by the related mortgagee, including Rating Agency fees. If any Mortgage Loan permits assumptions, then the related Mortgage Loan documents Documents provide that the related Mortgagor is responsible for all reasonable costs and expenses associated with an assumption incurred by the related mortgagee.