Common use of Designation of Ownership Expenses Clause in Contracts

Designation of Ownership Expenses. The following Persons and amounts are hereby specified for the purposes of the definition of “Ownership Expenses” pursuant to the Pooling and Servicing Agreement: (a) each Standby Servicer to the extent not paid by CT Bank pursuant to Section 9.2(4) in an amount equal to the product of (x) the aggregate amount owing to the Standby Servicer for the period and (y) the Unadjusted Invested Amount of the Series 2023-1 Ownership Interest, divided by the sum of the Unadjusted Invested Amounts of all Series (including the Series 2023-1 Ownership Interest) that are allocated responsibility for payment of a share of such amount; and (b) an Independent Investment Advisor to the extent not paid by CT Bank pursuant to Section 9.2(4) in an amount equal to the product of (x) the aggregate amount owing to the Independent Investment Advisor for the period and (y) the Unadjusted Invested Amount of the Series 2023-1 Ownership Interest divided by the sum of the Unadjusted Invested Amounts of all Series (including the Series 2023-1 Ownership Interest) that are allocated responsibility for payment of a share of such amount.

Designation of Ownership Expenses. The following Persons and amounts are hereby specified for the purposes of the definition of “Ownership Expenses” pursuant to the Pooling and Servicing Agreement: (a) each Standby Servicer to the extent not paid by CT Bank pursuant to Section 9.2(4) in an amount equal to the product of (x) the aggregate amount owing to the Standby Servicer for the period and (y) the Unadjusted Invested Amount of the Series 20232019-1 Ownership Interest, divided by the sum of the Unadjusted Invested Amounts of all Series (including the Series 20232019-1 Ownership Interest) that are allocated responsibility for payment of a share of such amount; and (b) an Independent Investment Advisor to the extent not paid by CT Bank pursuant to Section 9.2(4) in an amount equal to the product of (x) the aggregate amount owing to the Independent Investment Advisor for the period and (y) the Unadjusted Invested Amount of the Series 20232019-1 Ownership Interest divided by the sum of the Unadjusted Invested Amounts of all Series (including the Series 20232019-1 Ownership Interest) that are allocated responsibility for payment of a share of such amount.

Designation of Ownership Expenses. The following Persons and amounts are hereby specified for the purposes of the definition of “Ownership Expenses” pursuant to the Pooling and Servicing Agreement: (a) each Standby Servicer to the extent not paid by CT Bank pursuant to Section 9.2(4) in an amount equal to the product of (x) the aggregate amount owing to the Standby Servicer for the period and (y) the Unadjusted Invested Amount of the Series 2023-2020- 1 Ownership Interest, divided by the sum of the Unadjusted Invested Amounts of all Series (including the Series 20232020-1 Ownership Interest) that are allocated responsibility for payment of a share of such amount; and (b) an Independent Investment Advisor to the extent not paid by CT Bank pursuant to Section 9.2(4) in an amount equal to the product of (x) the aggregate amount owing to the Independent Investment Advisor for the period and (y) the Unadjusted Invested Amount of the Series 20232020-1 Ownership Interest divided by the sum of the Unadjusted Invested Amounts of all Series (including the Series 20232020-1 Ownership Interest) that are allocated responsibility for payment of a share of such amount.

Designation of Ownership Expenses. The following Persons and amounts are hereby specified for the purposes of the definition of “Ownership Expenses” pursuant to the Pooling and Servicing Agreement: (a) each Standby Servicer to the extent not paid by CT Bank pursuant to Section 9.2(4) in an amount equal to the product of (x) the aggregate amount owing to the Standby Servicer for the period and (y) the Unadjusted Invested Amount of the Series 2023-2024- 1 Ownership Interest, divided by the sum of the Unadjusted Invested Amounts of all Series (including the Series 20232024-1 Ownership Interest) that are allocated responsibility for payment of a share of such amount; and (b) an Independent Investment Advisor to the extent not paid by CT Bank pursuant to Section 9.2(4) in an amount equal to the product of (x) the aggregate amount owing to the Independent Investment Advisor for the period and (y) the Unadjusted Invested Amount of the Series 20232024-1 Ownership Interest divided by the sum of the Unadjusted Invested Amounts of all Series (including the Series 20232024-1 Ownership Interest) that are allocated responsibility for payment of a share of such amount.

Designation of Ownership Expenses. The following Persons and amounts are hereby specified for the purposes of the definition of “Ownership Expenses” pursuant to the Pooling and Servicing Agreement: (a) each Standby Servicer to the extent not paid by CT Bank pursuant to Section 9.2(4) in an amount equal to the product of (x) the aggregate amount owing to the Standby Servicer for the period and (y) the Unadjusted Invested Amount of the Series 2023-2022- 1 Ownership Interest, divided by the sum of the Unadjusted Invested Amounts of all Series (including the Series 20232022-1 Ownership Interest) that are allocated responsibility for payment of a share of such amount; and (b) an Independent Investment Advisor to the extent not paid by CT Bank pursuant to Section 9.2(4) in an amount equal to the product of (x) the aggregate amount owing to the Independent Investment Advisor for the period and (y) the Unadjusted Invested Amount of the Series 20232022-1 Ownership Interest divided by the sum of the Unadjusted Invested Amounts of all Series (including the Series 20232022-1 Ownership Interest) that are allocated responsibility for payment of a share of such amount.