Common use of Modifications Clause in Contracts

Modifications. This Agreement shall not be modified, cancelled or terminated except by an instrument in writing signed by each Note Holder. Additionally, for as long as any Note is contained in a Securitization Trust, the Note Holders shall not amend or modify this Agreement without first receiving a written confirmation from each Rating Agency that such amendment or modification will not result in a qualification, withdrawal or downgrade of its then current ratings of the securities issued in connection with a Securitization; provided that no such confirmation from the Rating Agencies shall be required in connection with a modification (i) to cure any ambiguity, to correct or supplement any provisions herein that may be defective or inconsistent with any other provisions herein or with the Lead Securitization Servicing Agreement, or (ii) to make other provisions with respect to matters or questions arising under this Agreement, which shall not be inconsistent with the provisions of this Agreement.

Appears in 275 contracts

Samples: Co Lender Agreement (Benchmark 2024-V12 Mortgage Trust), Co Lender Agreement (Benchmark 2024-V12 Mortgage Trust), Co Lender Agreement (BMO 2024-5c8 Mortgage Trust)

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Modifications. This Agreement shall not be modified, cancelled or terminated except by an instrument in writing signed by each Note Holder. Additionally, for as long as any Note is contained in a Securitization Trust, the Note Holders shall not amend or modify this Agreement without first receiving a written confirmation from each Rating Agency that such amendment or modification will not result in a qualification, withdrawal or downgrade of its then current ratings of the securities issued in connection with a Securitization; provided that no such confirmation from the Rating Agencies shall be required in connection with a modification (i) to cure any ambiguity, to correct or supplement any provisions herein that may be defective or inconsistent with any other provisions herein or with the Lead Securitization Servicing Agreement, or (ii) to make other provisions with respect to matters or questions arising under this Agreement, which shall not be inconsistent with the provisions of this Agreement, or (iii) that addresses the creation of New Notes in accordance with Section 32 hereof.

Appears in 91 contracts

Samples: Agreement Between Note Holders (BMO 2024-C10 Mortgage Trust), Agreement Between Note Holders (BMO 2024-C10 Mortgage Trust), Agreement Between Note Holders (BMO 2024-C10 Mortgage Trust)

Modifications. This Agreement shall not be modified, cancelled or terminated except by an instrument in writing signed by each the Note A-1 Holder and the Note A-2 Holder. Additionally, for as long as any Note is contained in a Securitization Trust, the Note Holders shall not amend or modify this Agreement without first receiving a written confirmation from each Rating Agency that such amendment or modification will not result in a qualification, withdrawal or downgrade of its then current ratings of the securities issued in connection with a Securitization; provided that no such confirmation from the Rating Agencies shall be required in connection with a modification or amendment (i) to cure any ambiguity, to correct or supplement any provisions herein that may be defective or inconsistent with any other provisions herein or with the Lead Securitization Servicing Agreement, or (ii) entered into pursuant to make other provisions with respect Section 32 of this Agreement or (iii) to matters correct or questions arising under this Agreement, which shall not supplement any provision herein that may be defective or inconsistent with the any other provisions of this Agreement.

Appears in 54 contracts

Samples: Co Lender Agreement (GS Mortgage Securities Trust 2019-Gc39), Co Lender Agreement (GS Mortgage Securities Trust 2019-Gc39), Co Lender Agreement (GS Mortgage Securities Trust 2019-Gc38)

Modifications. This Agreement shall not be modified, cancelled or terminated except by an instrument in writing signed by each the Note A-1 Holder and the Note A-2 Holder. Additionally, for as long as any Note is contained in a Securitization Trust, the Note Holders shall not amend or modify this Agreement without first receiving a written confirmation from each Rating Agency that such amendment or modification will not result in a qualification, withdrawal or downgrade of its then current ratings of the securities issued in connection with a the related Securitization; provided that no such Rating Agency confirmation from the Rating Agencies shall be required in connection with a modification or amendment (i) to cure any ambiguity, (ii) to correct or supplement any provisions herein that may be defective or inconsistent with any other provisions herein or with of this Agreement, the Lead Securitization Servicing AgreementAgreement or the final disclosure documents relating to the Lead Securitization, or (iiiii) entered into pursuant to make other provisions with respect to matters or questions arising under this Agreement, which shall not be inconsistent with the provisions Section 31 of this Agreement.

Appears in 13 contracts

Samples: Co Lender Agreement (Citigroup Commercial Mortgage Trust 2016-P5), Co Lender Agreement (Citigroup Commercial Mortgage Trust 2016-P5), Co Lender Agreement (Citigroup Commercial Mortgage Trust 2016-P5)

Modifications. This Agreement shall not be modified, cancelled or terminated except by an instrument in writing signed by each Note Holder. Additionally, for as long as any Note is contained in a Securitization Trust, the Note Holders shall not amend or modify this Agreement without first receiving a written confirmation from each Rating Agency that such amendment or modification will not result in a qualification, withdrawal or downgrade of its then current ratings of the securities issued in connection with a Securitization; provided that no such confirmation from the Rating Agencies shall be required in connection with a modification or amendment (i) to cure any ambiguity, to correct or supplement any provisions herein that may be defective or inconsistent with any other provisions herein or with the Lead Securitization Servicing Agreement, or (ii) entered into pursuant to make other provisions with respect Section 32 of this Agreement or (iii) to matters correct or questions arising under this Agreement, which shall not supplement any provision herein that may be defective or inconsistent with the any other provisions of this Agreement.

Appears in 7 contracts

Samples: Co Lender Agreement, Co Lender Agreement (Bank 2018-Bnk11), Co Lender Agreement (Bank 2018-Bnk12)

Modifications. This Agreement shall not be modified, cancelled or terminated except by an instrument in writing signed by each Note Holder. Additionally, for as long as any Note is contained in a Securitization Trust, the Note Holders shall not amend or modify this Agreement without first receiving a written confirmation from each Rating Agency that such amendment or modification will not result in a qualification, withdrawal or downgrade of its then current ratings of the securities issued in connection with a the related Securitization; provided that no such Rating Agency confirmation from the Rating Agencies shall be required in connection with a modification or amendment (i) to cure any ambiguity, (ii) to correct or supplement any provisions herein that may be defective or inconsistent with any other provisions herein or with of this Agreement, the Lead Securitization Servicing AgreementAgreement or the final disclosure documents relating to the Lead Securitization, or (iiiii) entered into pursuant to make other provisions with respect to matters or questions arising under this Agreement, which shall not be inconsistent with the provisions Section 31 of this Agreement.

Appears in 6 contracts

Samples: Co Lender Agreement (Citigroup Commercial Mortgage Trust 2016-P5), Co Lender Agreement (JPMCC Commercial Mortgage Securities Trust 2016-Jp3), Co Lender Agreement (JPMCC Commercial Mortgage Securities Trust 2016-Jp3)

Modifications. This Agreement shall not be modified, cancelled or terminated except by an instrument in writing signed by each Note Holder. Additionally, for as long as any Note is contained in a Securitization Trust, the Note Holders shall not amend or modify this Agreement without first receiving obtaining a written confirmation Rating Agency Confirmation from each Rating Agency that such amendment or modification will not result in a qualification, withdrawal or downgrade then rating any securities of its then current ratings any Securitization (subject to the provisions of the securities issued in connection with a Securitizationeach Securitization Servicing Agreement addressing non-responsive Rating Agencies); provided that no such confirmation from the Rating Agencies Agency Confirmation shall be required in connection with a modification (i) to cure any ambiguity, to correct or supplement any provisions herein that may be defective or inconsistent with any other provisions herein or with the Lead Securitization Servicing Agreement, or (ii) to make other provisions with respect to matters or questions arising under this Agreement, which shall not be inconsistent Agreement consistent with the provisions of this Agreement.

Appears in 4 contracts

Samples: Agreement Between Note Holders (BBCMS Mortgage Trust 2019-C5), Agreement Between Note Holders (CF 2019-Cf2 Mortgage Trust), Agreement Between Note Holders (BBCMS Mortgage Trust 2019-C4)

Modifications. This Agreement shall not be modified, cancelled or terminated except by an instrument in writing signed by each Note Holder. Additionally, for as long as any Note is contained in a Securitization Trust, the Note Holders shall not amend or modify this Agreement without first receiving a written confirmation Rating Agency Confirmation from each Rating Agency that such amendment or modification will not result in a qualification, withdrawal or downgrade of its then current ratings of the securities issued in connection with a Securitization; provided that no such confirmation Rating Agency Confirmation from the Rating Agencies shall be required in connection with a modification (i) to cure any ambiguity, to correct or supplement any provisions herein that may be defective or inconsistent with any other provisions herein or with the Lead Securitization Servicing Agreement, or (ii) to make other provisions with respect to matters or questions arising under this Agreement, which shall not be inconsistent with the provisions of this Agreement.

Appears in 4 contracts

Samples: Co Lender Agreement (Citigroup Commercial Mortgage Trust 2016-Gc37), Co Lender Agreement (Citigroup Commercial Mortgage Trust 2016-P3), Co Lender Agreement (JPMBB Commercial Mortgage Securities Trust 2016-C1)

Modifications. This Agreement shall not be modified, cancelled or terminated except by an instrument in writing signed by each Note Holder. Additionally, for as long as any Note is contained in a Securitization Trust, the Note Holders shall not amend or modify this Agreement without first receiving a written confirmation from each Rating Agency that such amendment or modification will not result in a qualification, withdrawal or downgrade of its then current ratings of the securities issued in connection with a Securitization; provided that no such confirmation from the Rating Agencies shall be required in connection with a modification (i) to cure any ambiguity, to correct or supplement any provisions herein that may be defective or inconsistent with any other provisions herein or with the Lead Securitization Servicing Agreement, or (ii) to make other provisions with respect to matters or questions arising under this Agreement, which shall not be inconsistent with the provisions of this Agreement, or (iii) that addresses the creation of New Notes in accordance with Section 32 hereof.

Appears in 4 contracts

Samples: Agreement Between Note Holders (Wells Fargo Commercial Mortgage Trust 2017-Rc1), Agreement Between Note Holders (Wells Fargo Commercial Mortgage Trust 2016-C37), Agreement Between Note Holders (Wells Fargo Commercial Mortgage Trust 2016-Nxs6)

Modifications. This Agreement shall not be modified, cancelled or terminated except by an instrument in writing signed by the parties hereto (other than as set forth in Section 5(b)). The Agent shall provide two Business Days prior written notice to each Note HolderRating Agency of any material modification to this Agreement. Additionally, for For as long as any Note is contained in a Securitization Trust, the Note Holders Noteholders shall not amend or modify this Agreement without first receiving obtaining a written confirmation Rating Agency Confirmation from each Rating Agency that such amendment or modification will not result in a qualification, withdrawal or downgrade then rating securities of its then current ratings of the securities issued in connection with a any Securitization; provided that no such confirmation from the Rating Agencies Agency Confirmation shall be required in connection with a modification (i) to cure any ambiguity, to correct or supplement any provisions herein that may be defective or inconsistent with any other provisions herein or with the Lead Securitization Servicing Agreement, or (ii) to make other provisions with respect to matters or questions arising under this Agreement, which shall not be inconsistent with the to make provisions of this AgreementAgreement consistent with other provisions of this Agreement (including, without limitation, in connection with the creation of New Notes pursuant to Section 39).

Appears in 4 contracts

Samples: Agreement Between Noteholders (Bank 2021-Bnk36), Agreement Between Noteholders (Bank 2021-Bnk31), Agreement Between Noteholders (Bank 2020-Bnk30)

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Modifications. This Agreement shall not be modified, cancelled or terminated except by an instrument in writing signed by each Note Holder. Additionally, for as long as any Note is contained in a Securitization Trust, the Note Holders shall not amend or modify this Agreement without first receiving a written confirmation from each Rating Agency that such amendment or modification will not result in a qualification, withdrawal or downgrade of its then current ratings of the securities issued in connection with a Securitization; provided that no such confirmation from the Rating Agencies shall be required in connection with a modification (i) to cure any ambiguity, to correct or supplement any provisions herein that may be defective or inconsistent with any other provisions herein or with the Lead Securitization 44 Servicing Agreement, or (ii) to make other provisions with respect to matters or questions arising under this Agreement, which shall not be inconsistent with the provisions of this Agreement.

Appears in 2 contracts

Samples: Co Lender Agreement (BMO 2022-C2 Mortgage Trust), Co Lender Agreement (Citigroup Commercial Mortgage Trust 2022-Gc48)

Modifications. This Agreement shall not be modified, cancelled or terminated except by an instrument in writing signed by each the Note HolderHolders. Additionally, for as long as any either the Note A-1 or Note A-2 is contained in a Securitization Trust, the Note Holders shall not amend or modify this Agreement without first receiving a written confirmation from each Rating Agency that such amendment or modification will not result in a qualification, withdrawal or downgrade of its then current ratings of the securities issued in connection with a Securitization; provided that no such confirmation from the Rating Agencies shall be required in connection with a modification (i) to cure any ambiguity, to correct or supplement any provisions herein that may be defective or inconsistent with any other provisions herein or with the Lead Securitization Servicing Agreement, or (ii) to make other provisions with respect to matters or questions arising under this Agreement, which shall not be inconsistent with the provisions of this Agreement.

Appears in 2 contracts

Samples: Co Lender Agreement, Co Lender Agreement (Morgan Stanley Capital I Trust 2017-H1)

Modifications. This Agreement shall not be modified, cancelled or terminated except by an instrument in writing signed by each Note Holder. Additionally, for as long as any Note is contained in a Securitization Trust, the Note Holders shall not amend or modify this Agreement without first receiving a written confirmation from each Rating Agency that such amendment or modification will not result in a qualification, withdrawal or downgrade of its then current ratings of the securities issued in connection with a Securitization; provided that no such confirmation from the Rating Agencies shall be required in connection with a modification (i) to cure any ambiguity, to correct or supplement any provisions herein that may be defective or inconsistent with any other provisions herein or with the Lead Securitization Servicing Agreement, or (ii) to make other provisions with respect to matters or questions arising under this Agreement, which shall not be inconsistent with the provisions of this AgreementAgreement (including, without limitation, in connection with the creation of New Notes pursuant to Section 32).

Appears in 2 contracts

Samples: Co Lender Agreement (CSAIL 2021-C20 Commercial Mortgage Trust), Co Lender Agreement (CD 2019-Cd8 Mortgage Trust)

Modifications. This Agreement shall not be modified, cancelled or terminated except by an instrument in writing signed by the parties hereto (other than as set forth in Section 5(b)). The Agent shall provide two Business Days prior written notice to each Note HolderRating Agency of any material modification to this Agreement. Additionally, for For as long as any Note is contained in a Securitization Trust, the Note Holders Noteholders shall not amend or modify this Agreement without first receiving obtaining a written confirmation Rating Agency Confirmation from each Rating Agency that such amendment or modification will not result in a qualification, withdrawal or downgrade then rating securities of its then current ratings of the securities issued in connection with a any Securitization; provided that no such confirmation from the Rating Agencies Agency Confirmation shall be required in connection with a modification (i) to cure any ambiguity, to correct or supplement any provisions herein that may be defective or inconsistent with any other provisions herein or with the Lead Securitization Servicing Agreement, or (ii) to make other provisions with respect to matters or questions arising under this Agreement, which shall not be inconsistent to make provisions of this Agreement consistent with the other provisions of this Agreement.

Appears in 1 contract

Samples: Agreement Between Noteholders (Bank5 2024-5yr7)

Modifications. This Agreement shall not be modified, cancelled or terminated except by an instrument in writing signed by each Note Holder. Additionally, for as long as any Note is contained in a Securitization Trust, the Note Holders shall not amend or modify this Agreement without first receiving obtaining a written confirmation Rating Agency Confirmation from each Rating Agency that such amendment or modification will not result in a qualification, withdrawal or downgrade then rating any securities of its then current ratings any Securitization (subject to the provisions of the securities issued in connection with a Securitizationeach Securitization Servicing Agreement addressing non-responsive Rating Agencies); provided that no such confirmation from the Rating Agencies Agency Confirmation shall be required in connection with a modification (i) to cure any ambiguity, to correct or supplement any provisions herein that may be defective or inconsistent with any other provisions herein or with the Lead Securitization Servicing Agreement, or (ii) to make other provisions with respect to matters or questions arising under this Agreement, which shall not be inconsistent with the provisions of this Agreement.

Appears in 1 contract

Samples: Co Lender Agreement (GS Mortgage Securities Trust 2020-Gc47)

Modifications. This Agreement shall not be modified, cancelled or terminated except by an instrument in writing signed by each Note Holder. Additionally, for as long as any Note is contained in a Securitization Trust, the Note Holders shall not amend or modify this Agreement without first receiving a written confirmation from each Rating Agency that such amendment or modification will not result in a qualification, withdrawal or downgrade of its then then-current ratings of the securities issued in connection with a Securitization; provided that no such confirmation from the Rating Agencies shall be required in connection with a modification (i) to cure any ambiguity, to correct or supplement any provisions herein that may be defective or inconsistent with any other provisions herein or with the Lead Securitization Servicing Agreement, or (ii) to make other provisions with respect to matters or questions arising under this Agreement, which shall not be inconsistent with the provisions of this Agreement.

Appears in 1 contract

Samples: Agreement Between Note Holders (Bank of America Merrill Lynch Commercial Mortgage Trust 2015-Ubs7)

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