Common use of Intention of the Parties Clause in Contracts

Intention of the Parties. It is the intention of the parties that the Master Servicer is conveying, and the Primary Servicer is receiving, only a contract for servicing the Mortgage Loans and the Serviced Companion Loans. Accordingly, the parties hereby acknowledge that the Trustee remains the sole and absolute beneficial owner of the Mortgage Loans and all rights related thereto and that the Serviced Companion Noteholders remain the sole and absolute beneficial owner of their respective Serviced Companion Loan and all rights related thereto.

Appears in 17 contracts

Samples: Primary Servicing Agreement (Bank5 2024-5yr12), Primary Servicing Agreement (Bank5 2024-5yr12), Primary Servicing Agreement (Bank5 2024-5yr12)

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Intention of the Parties. It is the intention of the parties that the Master Servicer is conveying, and the Primary Sub-Servicer is receiving, only a contract for servicing the Mortgage Loans and the Serviced Companion Loans. Accordingly, the parties hereby acknowledge that the Trustee remains the sole and absolute beneficial owner of the Mortgage Loans and all rights related thereto and that the Serviced Companion Noteholders remain the sole and absolute beneficial owner of their respective Serviced Companion Loan and all rights related thereto.

Appears in 15 contracts

Samples: Sub Servicing Agreement (UBS Commercial Mortgage Trust 2018-C10), Sub Servicing Agreement (Citigroup Commercial Mortgage Trust 2017-P8), Sub Servicing Agreement (Citigroup Commercial Mortgage Trust 2016-P3)

Intention of the Parties. It is the intention of the parties that the Master Servicer is conveying, and the Primary Servicer is receiving, only a contract for servicing the Mortgage Loans Loan and the Serviced Companion Loans. Accordingly, the parties hereby acknowledge that the Trustee remains the sole and absolute beneficial owner of the Mortgage Loans Loan and all rights related thereto and that the Serviced Companion Noteholders remain the sole and absolute beneficial owner of their respective Serviced Companion Loan and all rights related thereto.

Appears in 10 contracts

Samples: Primary Servicing Agreement (Bank5 2023-5yr4), Primary Servicing Agreement (Bank5 2023-5yr4), Primary Servicing Agreement (Bank 2023-Bnk46)

Intention of the Parties. It is the intention of the parties that the Master Servicer is conveying, and the Primary Servicer is receiving, only a contract for servicing the Mortgage Loans and the Serviced Companion Loans. Accordingly, the parties hereby acknowledge that the Trustee remains the sole and absolute beneficial owner of the Mortgage Loans and all rights related thereto and that the Serviced Companion Noteholders remain Noteholder remains the sole and absolute beneficial owner of their respective the Serviced Companion Loan Loans and all rights related thereto.

Appears in 7 contracts

Samples: Primary Servicing Agreement (BBCMS Mortgage Trust 2024-5c27), Primary Servicing Agreement (BBCMS Mortgage Trust 2024-C26), Primary Servicing Agreement (BBCMS Mortgage Trust 2021-C11)

Intention of the Parties. It is the intention of the parties that the Master Servicer is conveying, and the Primary Servicer is receiving, only a contract for servicing the Mortgage Loans and the Serviced Companion Loans. Accordingly, the parties hereby acknowledge that the Trustee remains the sole and absolute beneficial owner of the Mortgage Loans and all rights related thereto and that the Serviced Companion Loan Noteholders remain the sole and absolute beneficial owner of their respective its related Serviced Companion Loan Loans and all rights related thereto.

Appears in 6 contracts

Samples: Primary Servicing Agreement (GS Mortgage Securities Trust 2015-Gs1), Primary Servicing Agreement (CFCRE 2016-C3 Mortgage Trust), Primary Servicing Agreement (Citigroup Commercial Mortgage Trust 2016-Gc36)

Intention of the Parties. It is the intention of the parties that the Master Servicer is conveying, and the Primary Servicer is receiving, only a contract for servicing the Mortgage Loans and the Serviced Companion LoansLoan. Accordingly, the parties hereby acknowledge that the Trustee remains the sole and absolute beneficial owner of the Mortgage Loans and all rights related thereto and that the Serviced Companion Noteholders remain Noteholder remains the sole and absolute beneficial owner of their respective the Serviced Companion Loan and all rights related thereto.

Appears in 4 contracts

Samples: Primary Servicing Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2017-C33), Primary Servicing Agreement (UBS Commercial Mortgage Trust 2017-C7), Primary Servicing Agreement (UBS Commercial Mortgage Trust 2017-C6)

Intention of the Parties. It is the intention of the parties that the Master Servicer is conveying, and the Primary Servicer is receiving, only a contract for servicing the Mortgage Loans and the Serviced Companion Loans. Accordingly, the parties hereby acknowledge that the Trustee remains the sole and absolute beneficial owner of the Mortgage Loans and all rights related thereto and that the Serviced Companion Noteholders remain the sole and absolute beneficial owner owners of their respective the Serviced Companion Loan Loans and all rights related thereto.

Appears in 4 contracts

Samples: Primary Servicing Agreement (CF 2019-Cf3 Mortgage Trust), Primary Servicing Agreement (Morgan Stanley Capital I Trust 2019-L3), Primary Servicing Agreement (UBS Commercial Mortgage Trust 2018-C11)

Intention of the Parties. It is the intention of the parties that the Master Servicer is conveying, and the Primary Sub-Servicer is receiving, only a contract for servicing the Mortgage Loans and the Serviced Companion Loans. Accordingly, the parties hereby acknowledge that the Trustee remains the sole and absolute beneficial owner of the Mortgage Loans and all rights related thereto and that the Serviced Companion Noteholders remain the sole and absolute beneficial owner of their its respective Serviced Companion Loan and all rights related thereto.

Appears in 4 contracts

Samples: Sub Servicing Agreement (Morgan Stanley Capital I Trust 2019-H6), Sub Servicing Agreement (BBCMS Mortgage Trust 2018-C2), Sub Servicing Agreement (UBS Commercial Mortgage Trust 2017-C7)

Intention of the Parties. It is the intention of the parties that the Master Servicer is conveying, and the Primary Servicer is receiving, only a contract for servicing the Mortgage Loans and the Serviced Companion LoansLoan Combination. Accordingly, the parties hereby acknowledge that the Trustee remains the sole and absolute beneficial owner of the Mortgage Loans and all rights related thereto and that the Serviced Companion Noteholders remain Loan Holder remains the sole and absolute beneficial owner of their respective the Serviced Pari Passu Companion Loan and all rights related theretoLoans.

Appears in 3 contracts

Samples: Primary Servicing Agreement (Citigroup Commercial Mortgage Trust 2018-C6), Primary Servicing Agreement (CFCRE 2016-C6 Mortgage Trust), Primary Servicing Agreement (Citigroup Commercial Mortgage Trust 2016-C1)

Intention of the Parties. It is the intention of the parties that the Master Servicer is conveying, and the Primary Servicer is receiving, only a contract for servicing the Mortgage Loans and the Serviced Companion LoansLoan Combination. Accordingly, the parties hereby acknowledge that the Trustee remains the sole and absolute beneficial owner of the Mortgage Loans Loan and all rights related thereto and that the applicable Serviced Companion Noteholders remain Loan Noteholder remains the sole and absolute beneficial owner of their respective the applicable Serviced Companion Loan and all rights related thereto.

Appears in 3 contracts

Samples: Primary Servicing Agreement (COMM 2014-Ccre14 Mortgage Trust), Primary Servicing Agreement (COMM 2013-Ccre13 Mortgage Trust), Primary Servicing Agreement (COMM 2013-Ccre13 Mortgage Trust)

Intention of the Parties. It is the intention of the parties that the Master Servicer is conveying, and the Primary Servicer is receiving, only a contract for servicing the Mortgage Loans and the Serviced Companion Loans. Accordingly, the parties hereby acknowledge that the Trustee remains the sole and absolute beneficial owner of the Mortgage Loans and all rights related thereto and that the Serviced Companion Noteholders remain Loan Holder remains the sole and absolute beneficial owner of their respective the Serviced Companion Loan and all rights related theretoLoans.

Appears in 2 contracts

Samples: Primary Servicing Agreement (Benchmark 2019-B9 Mortgage Trust), Primary Servicing Agreement

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Intention of the Parties. It is the intention of the parties that the Master Servicer is conveying, and the Primary Servicer is receiving, only a contract for servicing the Mortgage Loans and the Serviced Companion LoansLoan. Accordingly, the parties hereby acknowledge that the Trustee remains the sole and absolute beneficial owner of the Mortgage Loans and all rights related thereto and that the Serviced Companion Noteholders remain Loan Noteholder remains the sole and absolute beneficial owner of their respective Serviced the Companion Loan and all rights related thereto.

Appears in 2 contracts

Samples: Primary Servicing Agreement (DBUBS 2011-Lc3 Mortgage Trust), Primary Servicing Agreement (DBUBS 2011-Lc3 Mortgage Trust)

Intention of the Parties. It is the intention of the parties that the Master Servicer is conveying, and the Primary Servicer is receiving, only a contract for servicing the Mortgage Loans and the Serviced Companion LoansB Note. Accordingly, the parties hereby acknowledge that the Trustee remains the sole and absolute beneficial owner of the Mortgage Loans and all rights related thereto and that the Serviced Companion Noteholders remain holder of the B Note remains the sole and absolute beneficial owner of their respective Serviced Companion Loan the B Note and all rights related thereto.

Appears in 2 contracts

Samples: Primary Servicing Agreement (Morgan Stanley Capital I Trust 2011-C3), Primary Servicing Agreement (Morgan Stanley Capital I Trust 2011-C3)

Intention of the Parties. It is the intention of the parties that the Master Servicer is conveying, and the Primary Servicer is receiving, only a contract for servicing the Mortgage Loans and the Serviced Companion LoansLoan. Accordingly, the parties hereby acknowledge that the Trustee remains the sole and absolute beneficial owner of the Mortgage Loans and all rights related thereto and that the Serviced Companion Noteholders remain the sole and absolute beneficial owner of their respective Serviced Companion Loan and all rights related thereto.

Appears in 1 contract

Samples: Primary Servicing Agreement (SG Commercial Mortgage Securities Trust 2016-C5)

Intention of the Parties. It is the intention of the parties that the Master Servicer is conveying, and the Primary Sub-Servicer is receiving, only a contract for servicing the Mortgage Loans and the Serviced Companion Loans. Accordingly, the parties hereby acknowledge that the Trustee remains the sole and absolute beneficial owner of the Mortgage Serviced Loans and all rights related thereto and that the Serviced Companion Noteholders remain the sole and absolute beneficial owner of their respective Serviced Companion Loan and all rights related thereto.

Appears in 1 contract

Samples: Sub Servicing Agreement (COMM 2006-C8 Mortgage Trust)

Intention of the Parties. It is the intention of the parties that the Master Servicer is conveying, and the Primary Servicer is receiving, only a contract for servicing the Mortgage Loans and the Serviced Companion LoansLoan Combination. Accordingly, the parties hereby acknowledge that the Trustee remains the sole and absolute beneficial owner of the Mortgage Loans and all rights related thereto and that the Serviced Companion Noteholders remain the sole and absolute beneficial owner of their respective Serviced Companion Loan and all rights related thereto.

Appears in 1 contract

Samples: Primary Servicing Agreement (COMM 2015-Ccre24 Mortgage Trust)

Intention of the Parties. It is the intention of the parties that the Master Servicer is conveying, and the Primary Servicer is receiving, only a contract for servicing the Mortgage Loans and the Serviced Companion LoansLoan. Accordingly, the parties hereby acknowledge that the Trustee remains the sole and absolute beneficial owner of the Mortgage Loans and all rights related thereto and that the Serviced Companion Noteholders remain Noteholder remains the sole and absolute beneficial owner of their respective the Serviced Companion Loan and all rights related thereto.

Appears in 1 contract

Samples: Primary Servicing Agreement (JPMBB Commercial Mortgage Securities Trust 2015-C28)

Intention of the Parties. It is the intention of the parties that the Master Servicer is conveying, and the Primary Servicer is receiving, only a contract for servicing the Mortgage Loans and the Serviced Companion Loans. Accordingly, the parties hereby acknowledge that the Trustee remains the sole and absolute beneficial owner of the Mortgage Loans and all rights related thereto and that the Serviced Companion Noteholders remain the sole and absolute beneficial owner of their respective Serviced Companion Loan and all rights related thereto.

Appears in 1 contract

Samples: Primary Servicing Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2017-C34)

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