Common use of Executive Summary Clause in Contracts

Executive Summary. Based on the requirements and qualifications set forth in the Pooling and Servicing Agreement, as well as the items listed below, the Trust Advisor has undertaken a limited review of the [General] [Co-op] Special Servicer’s operational activities to service certain Specially Serviced Mortgage Loans in accordance with the Servicing Standard. Based on such review, the Trust Advisor [does, does not] believe there are material violations of the [General] [Co-op] Special Servicer’s compliance with its obligations under the Pooling and 1 This report is an indicative report and does not reflect the final form of annual report to be used in any particular year. The Trust Advisor will have the ability to modify or alter the organization and content of any particular report, subject to the compliance with the terms of the Pooling and Servicing Agreement, including, without limitation, provisions relating to Privileged Information. Servicing Agreement. In addition, the Trust Advisor notes the following: [PROVIDE SUMMARY OF ANY ADDITIONAL INFORMATION]. In connection with the assessment set forth in this report: 1. The Trust Advisor reviewed the Final Asset Status Report that was previously executed by the [General] [Co-op] Special Servicer for the following [__] Specially Serviced Mortgage Loans: [LIST APPLICABLE SPECIALLY SERVICED MORTGAGE LOANS]. 2. The Trust Advisor’s review of the Final Asset Status Reports should be considered a limited investigation and not be considered a full or limited audit. For instance, we did not review each page of the [General] [Co-op] Special Servicer’s policy and procedure manuals (including amendments and appendices), re-engineer the quantitative aspects of their net present value calculator, visit the propert(y)/(ies) or interact with the borrower(s). 3. All opinions outlined herein are limited to the Specially Serviced Mortgage Loans of this mortgage loan pool with respect to which Final Asset Status Reports have been delivered by the [General][Co-op] Special Servicer. Confidentiality and other provisions prohibit the Trust Advisor from using information it is privy to from other assignments in facilitating the activities of this assignment. 4. As required under the Pooling and Servicing Agreement, the Trust Advisor has undertaken a reasonable review of such additional limited non-privileged information and documentation provided by the [General] [Co-op] Special Servicer prior to the Trust Advisor finalizing its annual assessment.

Executive Summary. Based on the requirements and qualifications set forth in the Pooling and Servicing Agreement, as well as the items listed below, the Trust Advisor has undertaken a limited review of the [General] [Co-op] Special Servicer’s operational activities to service certain Specially Serviced Mortgage Loans in accordance with the Servicing Standard. Based on such review, the Trust Advisor [does, does not] believe there are material violations of the [General] [Co-op] Special Servicer’s compliance with its obligations under the Pooling and 1 This report is an indicative report and does not reflect the final form of annual report to be used in any particular year. The Trust Advisor will have the ability to modify or alter the organization and content of any particular report, subject to the compliance with the terms of the Pooling and Servicing Agreement, including, without limitation, provisions relating to Privileged Information. Servicing Agreement. In addition, the Trust Advisor notes the following: [PROVIDE SUMMARY OF ANY ADDITIONAL INFORMATION]. In connection with the assessment set forth in this report: 1. The Trust Advisor reviewed the Final Asset Status Report that was previously executed by the [General] [Co-op] Special Servicer for the following [__] Specially Serviced Mortgage Loans: [LIST APPLICABLE SPECIALLY SERVICED MORTGAGE LOANS]. 2. The Trust Advisor’s review of the Final Asset Status Reports should be considered a limited investigation and background discussion and not be considered a full or limited audit. For instance, we did not review each page of the [General] [Co-op] Special Servicer’s policy and procedure manuals (including amendments and appendices), re-engineer the quantitative aspects of their net present value calculator, visit the propert(y)/(ies) or interact with the borrower(s). 3. All opinions outlined herein are limited to the Specially Serviced Mortgage Loans of this mortgage loan pool with respect to which Final Asset Status Reports have been delivered by the [General][Co-op] Special Servicerdelivered. Confidentiality and other provisions prohibit the Trust Advisor from using information it is privy to from other assignments in facilitating the activities of this assignment. 4. As required under the Pooling and Servicing Agreement, the Trust Advisor has undertaken a reasonable review of such additional limited non-privileged information and documentation provided by the [General] [Co-op] Special Servicer prior to the Trust Advisor finalizing its annual assessment.

Executive Summary. Based on the requirements and qualifications set forth in the Pooling and Servicing Agreement, as well as the items listed below, the Trust Advisor has undertaken a limited review of the [General] [Co-op] Special Servicer’s operational activities to service certain the Specially Serviced Mortgage Loans in accordance with the Servicing Standard. Based on such review, the Trust Advisor [does, does not] believe there are material violations of the [General] [Co-op] Special Servicer’s compliance with its obligations under the Pooling and 1 This report is an indicative report and does not reflect the final form of annual report to be used in any particular year. The Trust Advisor will have the ability to modify or alter the organization and content of any particular report, subject to the compliance with the terms of the Pooling and Servicing Agreement, including, without limitation, provisions relating to Privileged Information. Servicing Agreement. In addition, the Trust Advisor notes the following: [PROVIDE SUMMARY OF ANY ADDITIONAL INFORMATION]. In connection with the assessment set forth in this report: 1. The Trust Advisor reviewed the Final Asset Status Report that was previously executed by the [General] [Co-op] Special Servicer for the following [__[ ] Specially Serviced Mortgage Loans: [LIST APPLICABLE SPECIALLY SERVICED MORTGAGE LOANS]. 2. The Trust Advisor’s review analysis of the Final Asset Status Reports should be considered a limited investigation and background discussion and not be considered a full or limited audit. For instance, we did not review each page of the [General] [Co-op] Special Servicer’s policy and procedure manuals (including amendments and appendices), re-engineer the quantitative aspects of their net present value calculator, visit the propert(y)/(ies) property or interact with the borrower(s)borrower. 3. All opinions outlined herein are limited to the Specially Serviced Mortgage Loans of this mortgage loan pool with respect to which Final Asset Status Reports have been delivered by the [General][Co-op] Special Servicerdelivered. Confidentiality and other provisions prohibit the Trust Advisor from using information it is privy to from other assignments in facilitating the activities of this assignment. 4. As required under the Pooling and Servicing Agreement, the Trust Advisor has undertaken a reasonable review of such additional limited non-privileged information and documentation provided by the [General] [Co-op] Special Servicer prior to the Trust Advisor finalizing its annual assessment.

Executive Summary. Based on the requirements and qualifications set forth in the Pooling and Servicing Agreement, as well as the items listed below, the Trust Advisor has undertaken a limited review of the [General] [Co-op] Special Servicer’s operational activities to service certain Specially Serviced Mortgage Loans in accordance with the Servicing Standard. Based on such review, the Trust Advisor [does, does not] believe there are material violations of the [General] [Co-op] Special Servicer’s compliance with its obligations under the Pooling and 1 This report is an indicative report and does not reflect the final form of annual report to be used in any particular year. The Trust Advisor will have the ability to modify or alter the organization and content of any particular report, subject to the compliance with the terms of the Pooling and Servicing Agreement, including, without limitation, provisions relating to Privileged Information. Servicing Agreement. In addition, the Trust Advisor notes the following: [PROVIDE SUMMARY OF ANY ADDITIONAL INFORMATION]. In connection with the assessment set forth in this report: 1. The Trust Advisor reviewed the Final Asset Status Report that was previously executed by the [General] [Co-op] Special Servicer for the following [__] Specially Serviced Mortgage Loans: [LIST APPLICABLE SPECIALLY SERVICED MORTGAGE LOANS]. 2. The Trust Advisor’s review of the Final Asset Status Reports should be considered a limited investigation and not be considered a full or limited audit. For instance, we did not review each page of the [General] [Co-op] Special Servicer’s policy and procedure manuals (including amendments and appendices), re-engineer the quantitative aspects of their net present value calculator, visit the propert(y)/(ies) or interact with the borrower(s). 3. All opinions outlined herein are limited to the Specially Serviced Mortgage Loans of this mortgage loan pool with respect to which Final Asset Status Reports have been delivered by the [General][Co-op] Special Servicer. Confidentiality and other provisions prohibit the Trust Advisor from using information it is privy to from other assignments in facilitating the activities of this assignment. 4. As required under the Pooling and Servicing Agreement, the Trust Advisor has undertaken a reasonable review of such additional limited non-privileged information and documentation provided by the [General] [Co-op] Special Servicer prior to the Trust Advisor finalizing its annual assessment.

Executive Summary. Based on the requirements and qualifications set forth in the Pooling and Servicing Agreement, as well as the items listed below, the Trust Advisor has undertaken a limited review of the [General] [Co-op] Special Servicer’s operational activities to service certain the Specially Serviced Mortgage Loans in accordance with the Servicing Standard. Based on such review, the Trust Advisor [does, does not] believe there are material violations of the [General] [Co-op] Special Servicer’s compliance with its obligations under the Pooling and 1 This report is an indicative report and does not reflect the final form of annual report to be used in any particular year. The Trust Advisor will have the ability to modify or alter the organization and content of any particular report, subject to the compliance with the terms of the Pooling and Servicing Agreement, including, without limitation, provisions relating to Privileged Information. Servicing Agreement. In addition, the Trust Advisor notes the following: [PROVIDE SUMMARY OF ANY ADDITIONAL INFORMATION]. In connection with the assessment set forth in this report: 1. The Trust Advisor reviewed the Final Asset Status Report that was previously executed by the [General] [Co-op] Special Servicer for the following [__] Specially Serviced Mortgage Loans: [LIST APPLICABLE SPECIALLY SERVICED MORTGAGE LOANS]. 2. The Trust Advisor’s review of the Final Asset Status Reports should be considered a limited investigation and not be considered a full or limited audit. For instance, we did not review each page of the [General] [Co-op] Special Servicer’s policy and procedure manuals (including amendments and appendices), re-engineer the quantitative aspects of their net present value calculator, visit the propert(y)/(iesproperty/(ies) or interact with the borrower(s). 3. All opinions outlined herein are limited to the Specially Serviced Mortgage Loans of this mortgage loan pool with respect to which Final Asset Status Reports have been delivered by the [General][Co-op] Special Servicer. Confidentiality and other provisions prohibit the Trust Advisor from using information it is privy to from other assignments in facilitating the activities of this assignment. 4. As required under the Pooling and Servicing Agreement, the Trust Advisor has undertaken a reasonable review of such additional limited non-privileged information and documentation provided by the [General] [Co-op] Special Servicer prior to the Trust Advisor finalizing its annual assessment.

Executive Summary. Based on the requirements and qualifications set forth in the Pooling and Servicing Agreement, as well as the items listed below, the Trust Advisor has undertaken a limited review of the [General] [Co-op] Special Servicer’s operational activities to service certain Specially Serviced Mortgage Loans in accordance with the Servicing StandardStandard and the Trust Advisor’s analysis requirements outlined in the Pooling and Servicing Agreement. Based on such review, the Trust Advisor [does, does not] believe there are material violations of the [General] [Co-op] Special Servicer’s compliance with its obligations under the Pooling and 1 This report is an indicative report and does not reflect the final form of annual report to be used in any particular year. The Trust Advisor will have the ability to modify or alter the organization and content of any particular report, subject to the compliance with the terms of the Pooling and Servicing Agreement, including, without limitation, provisions relating to Privileged Information. Servicing Agreement. In addition, the Trust Advisor notes the following: [PROVIDE SUMMARY OF ANY ADDITIONAL MATERIAL INFORMATION]. In connection with the assessment set forth in this report, the Trust Advisor: 1. The Trust Advisor reviewed Reviewed the Final Asset Status Report that was previously executed by the Reports, net present value calculations and Appraisal Reduction Amount calculations and [GeneralLIST OTHER REVIEWED INFORMATION] [Co-op] Special Servicer for the following [__] Specially Serviced Mortgage Loans: [LIST APPLICABLE SPECIALLY SERVICED MORTGAGE LOANS]. 2. [If report is rendered during a Senior Consultation Period, add:] Met with the [General] [Co-op] Special Servicer on [DATE] for the annual meeting. Participants from the [General] [Co-op] Special Servicer included: [IDENTIFY PARTICIPANTS’ NAME AND TITLE]. The Trust Advisor’s review of the Final Specially Serviced Mortgage Loans (including Asset Status Reports should be considered a limited investigation Reports, other relevant accompanying information and not be considered a full or limited auditany related net present value calculations and Appraisal Reduction Amount calculations) were referenced in the meeting. For instance, we did not review each page of The discussion focused on the [General] [Co-op] Special Servicer’s policy execution of its resolution and procedure manuals (including amendments and appendices), re-engineer the quantitative aspects of their net present value calculator, visit the propert(y)/(ies) or interact with the borrower(s). 3. All opinions outlined herein are limited liquidation procedures in general terms as well as in specific reference to the Specially Serviced Mortgage Loans of this mortgage loan pool with respect to which Final Asset Status Reports have been delivered by the [General][Co-op] Special Servicer. Confidentiality and other provisions prohibit the Trust Advisor from using information it is privy to from other assignments in facilitating the activities of this assignmentLoans. 4. As required under the Pooling and Servicing Agreement, the Trust Advisor has undertaken a reasonable review of such additional limited non-privileged information and documentation provided by the [General] [Co-op] Special Servicer prior to the Trust Advisor finalizing its annual assessment.

Executive Summary. Based on the requirements and qualifications set forth in the Pooling and Servicing Agreement, as well as the items listed below, the Trust Advisor has undertaken a limited review of the [General] [Co-op] Special Servicer’s operational activities to service certain Specially Serviced Mortgage Loans in accordance with the Servicing Standard. Based on such review, the Trust Advisor [does, does not] believe there are material violations of the [General] [Co-op] Special Servicer’s compliance with its obligations under the Pooling and 1 This report is an indicative report and does not reflect the final form of annual report to be used in any particular year. The Trust Advisor will have the ability to modify or alter the organization and content of any particular report, subject to the compliance with the terms of the Pooling and Servicing Agreement, including, without limitation, provisions relating to Privileged Information. [General] [Co-op] Special Servicer’s compliance with its obligations under the Pooling and Servicing Agreement. In addition, the Trust Advisor notes the following: [PROVIDE SUMMARY OF ANY ADDITIONAL INFORMATION]. In connection with the assessment set forth in this report: 1. The Trust Advisor reviewed the Final Asset Status Report that was previously executed by the [General] [Co-op] Special Servicer for the following [__] Specially Serviced Mortgage Loans: [LIST APPLICABLE SPECIALLY SERVICED MORTGAGE LOANS]. 2. The Trust Advisor’s review of the Final Asset Status Reports should be considered a limited investigation and background discussion and not be considered a full or limited audit. For instance, we did not review each page of the [General] [Co-op] Special Servicer’s policy and procedure manuals (including amendments and appendices), re-engineer the quantitative aspects of their net present value calculator, visit the propert(y)/(ies) or interact with the borrower(s). 3. All opinions outlined herein are limited to the Specially Serviced Mortgage Loans of this mortgage loan pool with respect to which Final Asset Status Reports have been delivered by the [General][Co-op] Special Servicer. Confidentiality and other provisions prohibit the Trust Advisor from using information it is privy to from other assignments in facilitating the activities of this assignment. 4. As required under the Pooling and Servicing Agreement, the Trust Advisor has undertaken a reasonable review of such additional limited non-privileged information and documentation provided by the [General] [Co-op] Special Servicer prior to the Trust Advisor finalizing its annual assessment.

Executive Summary. Based on the requirements and qualifications set forth in the Pooling and Servicing Agreement, dated as of [_____], 20[__] (the “Pooling and Servicing Agreement”), by and among Credit Suisse First Boston Mortgage Securities Corp., as Depositor, [_____], as Master Servicer, [_____], as Special Servicer, [_____], as Operating Advisor, [_____], as Certificate Administrator, and [______], as Trustee, as well as the items listed below, the Trust Operating Advisor has undertaken a limited review of the [General] [Co-op] Special Servicer’s operational activities to service certain Specially Serviced Mortgage Loans in accordance with the Servicing StandardStandard in accordance with the Operating Advisor’s requirements outlined in the Pooling and Servicing Agreement. Based on such review, the Trust Operating Advisor [doesbelieves, does notnot believe] believe there are material violations of deviations [(i)] from the Servicing Standard [Generaland/or (ii)] [Co-op] from the Special Servicer’s compliance with its obligations under the Pooling and 1 This Servicing Agreement with respect to the resolution or liquidation of Specially Serviced Loans. In addition, the Operating Advisor notes the following: [PROVIDE SUMMARY OF ANY ADDITIONAL MATERIAL INFORMATION]. In connection with the assessment set forth in this report, the Operating Advisor: ______________________ 1This report is an indicative report and does not reflect the final form of annual report to be used in any particular year. The Trust Operating Advisor will have the ability to modify or alter the organization and content of any particular report, subject to the compliance with the terms of the Pooling and Servicing Agreement, including, without limitation, provisions relating to Privileged Information. Reviewed any assessment of compliance and/or attestation report delivered to the Operating Advisor pursuant to the Pooling and Servicing Agreement. In additionAgreement with respect to the Special Servicer, and the Trust Advisor notes the following: [PROVIDE SUMMARY OF ANY ADDITIONAL INFORMATION]. In connection with the assessment set forth in this report: 1. The Trust Advisor reviewed the Final Asset Status Report that was previously executed by the Reports, net present value calculations and Appraisal Reduction calculations and [GeneralLIST OTHER REVIEWED INFORMATION] [Co-op] Special Servicer for the following [__[ ] Specially Serviced Mortgage Loans: [LIST APPLICABLE SPECIALLY SERVICED MORTGAGE LOANS]. 2. The Trust Advisor’s review of the Final Asset Status Reports should be considered a limited investigation and not be considered a full or limited audit. For instance, we did not review each page of the [General] [Co-op] Special Servicer’s policy and procedure manuals (including amendments and appendices), re-engineer the quantitative aspects of their net present value calculator, visit the propert(y)/(ies) or interact with the borrower(s). 3. All opinions outlined herein are limited to the Specially Serviced Mortgage Loans of this mortgage loan pool with respect to which Final Asset Status Reports have been delivered by the [General][Co-op] Special Servicer. Confidentiality and other provisions prohibit the Trust Advisor from using information it is privy to from other assignments in facilitating the activities of this assignment. 4. As required under the Pooling and Servicing Agreement, the Trust Advisor has undertaken a reasonable review of such additional limited non-privileged information and documentation provided by the [General] [Co-op] Special Servicer prior to the Trust Advisor finalizing its annual assessment.

Executive Summary. Based on the requirements and qualifications set forth in the Pooling and Servicing Agreement, as well as the items listed below, the Trust Advisor has undertaken a limited review of the [General] [Co-op] Special Servicer’s operational activities to service certain Specially Serviced Mortgage Loans in accordance with the Servicing Standard. Based on such review, the Trust Advisor [does, does not] believe there are material violations of the [General] [Co-op] Special Servicer’s compliance with its obligations under the Pooling and 1 This report is an indicative report and does not reflect the final form of annual report to be used in any particular year. The Trust Advisor will have the ability to modify or alter the organization and content of any particular report, subject to the compliance with the terms of the Pooling and Servicing Agreement, including, without limitation, provisions relating to Privileged Information. Servicing Agreement. In addition, the ____________________________ Trust Advisor notes the following: [PROVIDE SUMMARY OF ANY ADDITIONAL INFORMATION]. In connection with the assessment set forth in this report: 1. The Trust Advisor reviewed the Final Asset Status Report that was previously executed by the [General] [Co-op] Special Servicer for the following [__] Specially Serviced Mortgage Loans: [LIST APPLICABLE SPECIALLY SERVICED MORTGAGE LOANS]. 2. The Trust Advisor’s review of the Final Asset Status Reports should be considered a limited investigation and not be considered a full or limited audit. For instance, we did not review each page of the [General] [Co-op] Special Servicer’s policy and procedure manuals (including amendments and appendices), re-engineer the quantitative aspects of their net present value calculator, visit the propert(y)/(ies) or interact with the borrower(s). 3. All opinions outlined herein are limited to the Specially Serviced Mortgage Loans of this mortgage loan pool with respect to which Final Asset Status Reports have been delivered by the [General][Co-op] Special Servicer. Confidentiality and other provisions prohibit the Trust Advisor from using information it is privy to from other assignments in facilitating the activities of this assignment. 4. As required under the Pooling and Servicing Agreement, the Trust Advisor has undertaken a reasonable review of such additional limited non-privileged information and documentation provided by the [General] [Co-op] Special Servicer prior to the Trust Advisor finalizing its annual assessment.