Common use of Modifications, Waivers, Etc Clause in Contracts

Modifications, Waivers, Etc. No modification, waiver, deferral, or release (in whole or in part) of any party’s obligations in respect of the Loan, or of any collateral for any obligations in respect of the Loan, shall be effective without the prior written consent of JPMorgan. Notwithstanding the foregoing, neither Seller nor Servicer shall take any material action or effect any modification or amendment to any Purchased Asset without first having given prior notice thereof to Buyer in each such instance and receiving the prior written consent of Buyer. Please acknowledge your acceptance of the terms and directions contained in this correspondence by executing a counterpart of this correspondence and returning it to the undersigned. Very truly yours, CT LEGACY JPM SPV, LLC, a Delaware limited liability company By: Name: Title: Date: [ ], 200[ ] Agreed and accepted this [ ] day of [ ], 200[ ] [ ] By: Name: Title:

Modifications, Waivers, Etc. No modification, waiver, deferral, or release (in whole or in part) of any party’s obligations in respect of the Loan, or of any collateral for any obligations in respect of the Loan, shall be effective without the prior written consent of JPMorgan. Notwithstanding the foregoing, neither Seller nor Servicer shall take any material action or effect any modification or amendment to any Purchased Asset without first having given prior notice thereof to Buyer in each such instance and receiving the express prior written consent of Buyer, if such notice and consent is required by the Repurchase Agreement. Please acknowledge your acceptance of the terms and directions contained in this correspondence by executing a counterpart of this correspondence and returning it to the undersigned. Very truly yours, CT LEGACY JPM SPVParlex 4 Finance, LLC, a Delaware limited liability company By: Name: Title: Date: [ ] [ ], 200201[ ] Agreed and accepted this [ ] day of [ ], 200[ ] 201[ ] By: Name: Title:

Modifications, Waivers, Etc. No modification, waiver, deferral, or release (in whole or in part) of any party’s obligations in respect of the Loan, or of any collateral for any obligations in respect of the Loan, shall be effective without the prior written consent of JPMorganBuyer. Notwithstanding the foregoing, neither Seller Lender nor Servicer any servicer shall take any material action or effect any modification or amendment to any Purchased Asset without first having given prior notice thereof to Buyer in each such instance and receiving the prior written consent of Buyer. Please acknowledge your acceptance of the terms and directions contained in this correspondence by executing a counterpart of this correspondence and returning it to the undersigned. Very truly yours, CT LEGACY JPM SPV, KREF LENDING I LLC, a Delaware limited liability company By: Name: Title: Date: [ ] [ ], 200201[ ] Agreed and accepted this [ ] day of [ ], 200201[ ] [ ] By: Name: Title:

Modifications, Waivers, Etc. No modification, waiver, deferral, or release (in whole or in part) of any party’s obligations in respect of the Loan, or of any collateral for any obligations in respect of the Loan, shall be effective without the prior written consent of JPMorgan. Notwithstanding the foregoing, neither Seller nor Servicer shall take any material action or effect any modification or amendment to any Purchased Asset without first having given prior notice thereof to Buyer in each such instance and receiving the express prior written consent of Buyer, if such notice and consent is required by the Repurchase Agreement. Please acknowledge your acceptance of the terms and directions contained in this correspondence by executing a counterpart of this correspondence and returning it to the undersigned. Very truly yours, CT LEGACY JPM SPV, LLC[ ], a Delaware limited liability company By: Name: Title: Date: [ ] [ ], 200201[ ] Agreed and accepted this [ ] day of [ ], 200[ ] 201[ ] By: Name: Title:: EXHIBIT XVII