Common use of General Acknowledgement Regarding Companion Loan Holders Clause in Contracts

General Acknowledgement Regarding Companion Loan Holders. Each Certificateholder and the Uncertificated VRR Interest Owner acknowledges and agrees, by its acceptance of its Certificates or the Uncertificated VRR Interest, as applicable, that: (i) each Companion Loan Holder may have special relationships and interests that conflict with those of the Uncertificated VRR Interest Owner and/or Holders of one or more Classes of Certificates; (ii) each Companion Loan Holder may act solely in its own interests; (iii) no Companion Loan Holder has any duty to the Uncertificated VRR Interest Owner or the Holders of any Class of Certificates; and (iv) no Companion Loan Holder shall have any liability whatsoever for having so acted in its own interests, and neither the Uncertificated VRR Interest Owner nor any Certificateholder may take any action whatsoever against any Companion Loan Holder or any director, officer, employee, agent or principal thereof for such Companion Loan Holder’s having so acted in its own interests.

Appears in 21 contracts

Samples: Pooling and Servicing Agreement (Benchmark 2021-B26 Mortgage Trust), Pooling and Servicing Agreement (Benchmark 2021-B25 Mortgage Trust), Pooling and Servicing Agreement (Benchmark 2021-B24 Mortgage Trust)

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General Acknowledgement Regarding Companion Loan Holders. Each Certificateholder and the each Uncertificated VRR Interest Owner acknowledges and agrees, by its acceptance of its Certificates or the Uncertificated VRR InterestInterest Portion, as applicable, that: (i) each Companion Loan Holder may have special relationships and interests that conflict with those of the Uncertificated VRR Interest Owner Owners and/or Holders of one or more Classes of Certificates; (ii) each Companion Loan Holder may act solely in its own interests; (iii) no Companion Loan Holder has any duty to the Uncertificated VRR Interest Owner Owners or the Holders of any Class of Certificates; and (iv) no Companion Loan Holder shall have any liability whatsoever for having so acted in its own interests, and neither the Uncertificated VRR Interest Owner Owners nor any Certificateholder may take any action whatsoever against any Companion Loan Holder or any director, officer, employee, agent or principal thereof for such Companion Loan Holder’s having so acted in its own interests.

Appears in 9 contracts

Samples: Pooling and Servicing Agreement (Benchmark 2022-B37 Mortgage Trust), Pooling and Servicing Agreement (BMO 2022-C2 Mortgage Trust), Pooling and Servicing Agreement (Citigroup Commercial Mortgage Trust 2022-Gc48)

General Acknowledgement Regarding Companion Loan Holders. Each Certificateholder and the Combined Uncertificated VRR Interest Owner acknowledges and agrees, by its acceptance of its Certificates or the Uncertificated VRR Interest, as applicable, that: (i) each Companion Loan Holder may have special relationships and interests that conflict with those of the Combined Uncertificated VRR Interest Owner and/or Holders of one or more Classes of Certificates; (ii) each Companion Loan Holder may act solely in its own interests; (iii) no Companion Loan Holder has any duty to the Combined Uncertificated VRR Interest Owner or the Holders of any Class of Certificates; and (iv) no Companion Loan Holder shall have any liability whatsoever for having so acted in its own interests, and neither the Combined Uncertificated VRR Interest Owner nor any Certificateholder may take any action whatsoever against any Companion Loan Holder or any director, officer, employee, agent or principal thereof for such Companion Loan Holder’s having so acted in its own interests.

Appears in 6 contracts

Samples: Pooling and Servicing Agreement (BMO 2022-C3 Mortgage Trust), Pooling and Servicing Agreement (BMO 2022-C2 Mortgage Trust), Pooling and Servicing Agreement (Citigroup Commercial Mortgage Trust 2022-Gc48)

General Acknowledgement Regarding Companion Loan Holders. Each Certificateholder and the Uncertificated VRR Interest Owner acknowledges and agrees, by its acceptance of its Certificates or the Uncertificated VRR Interest, as applicable, that: (i) each Companion Loan Holder may have special relationships and interests that conflict with those of the Uncertificated VRR Interest Owner and/or Holders of one or more Classes of Certificates; (ii) each Companion Loan Holder may act solely in its own interests; (iii) no Companion Loan Holder has any duty to the Uncertificated VRR Interest Owner or the Holders of any Class of Certificates; and (iv) no Companion Loan Holder shall have any liability whatsoever for having so acted in its own interests, and neither the Uncertificated VRR Interest Owner nor any Certificateholder may take any action whatsoever against any Companion Loan Holder or any director, officer, employee, agent or principal thereof for such Companion Loan Holder’s having so acted in its own interests.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (BMO 2023-C6 Mortgage Trust), Pooling and Servicing Agreement (Benchmark 2023-B39 Mortgage Trust), Pooling and Servicing Agreement (BBCMS Mortgage Trust 2023-C19)

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General Acknowledgement Regarding Companion Loan Holders. Each Trust Certificateholder and the Uncertificated VRR Interest Owner acknowledges and agrees, by its acceptance of its Trust Certificates or the Uncertificated VRR Interest, as applicable, that: (i) each Companion Loan Holder may have special relationships and interests that conflict with those of the an Uncertificated VRR Interest Owner and/or Holders of one or more Classes of Trust Certificates; (ii) each Companion Loan Holder may act solely in its own interests; (iii) no Companion Loan Holder has any duty to the any Uncertificated VRR Interest Owner or the Holders of any Class of Trust Certificates; and (iv) no Companion Loan Holder shall have any liability whatsoever for having so acted in its own interests, and neither the any Uncertificated VRR Interest Owner nor any Trust Certificateholder may take any action whatsoever against any Companion Loan Holder or any director, officer, employee, agent or principal thereof for such Companion Loan Holder’s having so acted in its own interests.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (BMO 2023-C7 Mortgage Trust)

General Acknowledgement Regarding Companion Loan Holders. Each Certificateholder and the Combined Uncertificated VRR Interest Owner acknowledges and agrees, by its acceptance of its Certificates or the Uncertificated VRR Interest, as applicable, that: (i) each Companion Loan Holder may have special relationships and interests that conflict with those of the Combined Uncertificated VRR Interest Owner and/or Holders of one or more Classes of Certificates; (ii) each Companion Loan Holder may act solely in its own interests; (iii) no Companion Loan Holder has any duty to the Combined Uncertificated VRR Interest Owner or the Holders of any Class of Certificates; and (iv) no Companion Loan Holder shall have any liability whatsoever for having so acted in its own interests, and neither the Combined Uncertificated VRR Interest Owner nor any Certificateholder may take any action whatsoever against any Companion Loan Holder or any director, officer, employee, agent or principal thereof for such Companion Loan HolderXxxxxx’s having so acted in its own interests.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (BMO 2022-C1 Mortgage Trust)

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