Ground Leases. With respect to any Mortgage Loan where the Mortgage Loan is secured by a ground leasehold estate under a Ground Lease in whole or in part, and the related Mortgage does not also encumber the related lessor’s fee interest in such Mortgaged Property, based upon the terms of the Ground Lease and any estoppel or other agreement received from the ground lessor in favor of the originator, its successors and assigns, Seller represents and warrants that:
Appears in 7 contracts
Samples: Master Repurchase Agreement (Blackstone Mortgage Trust, Inc.), Master Repurchase Agreement (TPG RE Finance Trust, Inc.), Master Repurchase Agreement (Starwood Property Trust, Inc.)
Ground Leases. With respect to any Mortgage Loan Purchased Asset where the underlying Mortgage Loan is secured by a ground leasehold estate under a Ground Lease in whole or in part, and the related underlying Mortgage does not also encumber the related lessor’s fee interest in such Mortgaged Property, based upon the terms of the Ground Lease and any estoppel or other agreement received from the ground lessor in favor of the originatorSeller, its successors and assigns, Seller represents and warrants that:
Appears in 7 contracts
Samples: Repurchase and Securities Contract Agreement (BrightSpire Capital, Inc.), Bailee Agreement (FS Credit Real Estate Income Trust, Inc.), Bailee Agreement (ACRES Commercial Realty Corp.)
Ground Leases. With respect to any Commercial Mortgage Loan where the Commercial Mortgage Loan is secured by a ground leasehold estate under a Ground Lease in whole or in part, and the related Mortgage does not also encumber the related lessor’s fee interest in such Mortgaged Property, based upon the terms of the Ground Lease and any estoppel or other agreement received from the ground lessor in favor of the originatorSeller, its successors and assigns, Seller represents and warrants that:
Appears in 5 contracts
Samples: Master Repurchase Agreement (FS Credit Real Estate Income Trust, Inc.), Master Repurchase Agreement (FS Credit Real Estate Income Trust, Inc.), Master Repurchase Agreement (Granite Point Mortgage Trust Inc.)
Ground Leases. With respect to any Mortgage Loan Purchased Asset where the Mortgage Loan Purchased Asset is secured by a ground leasehold estate under a Ground Lease in whole or in part, and the related Mortgage does not also encumber the related lessor’s fee interest in such Mortgaged Property, based upon the terms of the Ground Lease and any estoppel or other agreement received from the ground lessor in favor of the originatorSeller, its successors and assigns, Seller represents and warrants that:
Appears in 1 contract
Samples: Master Repurchase Agreement and Securities Contract (Blackstone Mortgage Trust, Inc.)
Ground Leases. With respect to any Mortgage Loan where the Mortgage Loan that is secured by a ground leasehold estate under a Ground Lease in whole or in part, and the related Mortgage does not also encumber the related lessor’s fee interest in such Mortgaged Property, based upon the terms of the such Ground Lease and any estoppel or other agreement received from the ground lessor in favor of the originatorapplicable Seller, its successors and assigns, Seller represents and warrants that:
Appears in 1 contract
Samples: Master Repurchase Agreement (Starwood Credit Real Estate Income Trust)
Ground Leases. With respect to any Commercial Mortgage Loan where the Commercial Mortgage Loan is secured by a ground leasehold estate under a Ground Lease in whole or in part, and the related Mortgage does not also encumber the related lessor’s fee interest in such Mortgaged Property, based upon the terms of the Ground Lease and any estoppel or other agreement received from the ground lessor in favor of the originatorany Seller, its successors and assigns, Seller represents and warrants that:
Appears in 1 contract
Ground Leases. With respect to any Mortgage Purchased Loan where the Mortgage Purchased Loan is secured by a ground leasehold estate under a Ground Lease in whole or in part, and the related Mortgage does not also encumber the related lessor’s fee interest in such Mortgaged Property, based upon the terms of the Ground Lease and any estoppel or other agreement received from the ground lessor in favor of the originatorSeller, its successors and assigns, Seller represents and warrants that:
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Ground Leases. With respect to any Mortgage Loan Financed Properties where the Mortgage Loan all or a portion of any such Financed Property is secured by a ground leasehold estate under a Ground Lease in whole or in partestate, and the related Mortgage does not also encumber the related ground lessor’s fee interest in such Mortgaged Financed Property, based upon the terms of the Ground Lease and any estoppel letter or other agreement writing received from the ground lessor and included in favor of the originatorrelated Lease File and, its successors and assignsif applicable, Seller represents and warrants thatthe related Mortgage:
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