Common use of Notice of Defect, Breach or Repurchase Request Clause in Contracts

Notice of Defect, Breach or Repurchase Request. Following its receipt from the Depositor, the Master Servicer shall provide a copy of the CCRE Purchase Agreement to the Primary Servicer. The Primary Servicer shall notify the Master Servicer in writing within five (5) Business Days after the Primary Servicer discovers or receives notice alleging a Defect or a Breach or receives a Repurchase Communication of a Repurchase, a Repurchase Request, a Repurchase Request Rejection or a Repurchase Request Withdrawal. The Primary Servicer shall promptly, but in no event later than five (5) Business Days after receipt, provide to the Master Servicer a copy of any written Repurchase Request, Repurchase Request Withdrawal, Repurchase or Repurchase Request Rejection received by the Primary Servicer and such other information in the possession of the Primary Servicer reasonably requested by the Master Servicer to fulfill its obligations under Section 2.03(d) of the Pooling and Servicing Agreement.

Appears in 3 contracts

Samples: Primary Servicing Agreement (COMM 2015-Lc23 Mortgage Trust), Primary Servicing Agreement (COMM 2015-Ccre26 Mortgage Trust), Primary Servicing Agreement (COMM 2015-Ccre24 Mortgage Trust)

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Notice of Defect, Breach or Repurchase Request. Following its receipt from the Depositor, the Master Servicer shall provide a copy of the CCRE Loan Purchase Agreement to the Primary Servicer. The Primary Servicer shall notify the Master Servicer in writing within five (5) Business Days after the Primary Servicer discovers or receives notice alleging a Document Defect or a Breach or receives a Repurchase Communication of a Repurchase, a Repurchase Request, a Repurchase Request Rejection or a Repurchase Request Withdrawal. The Primary Servicer shall promptlyshall, but in no event later than within five (5) Business Days after of receipt, provide to the Master Servicer a copy of any written Repurchase Request, Repurchase Request Withdrawal, Repurchase or Repurchase Request Rejection received by the Primary Servicer and such other information in the possession of the Primary Servicer reasonably requested by the Master Servicer to fulfill its obligations under Section 2.03(d2.03(a) of the Pooling and Servicing Agreement.

Appears in 2 contracts

Samples: Primary Servicing Agreement (GS Mortgage Securities Trust 2015-Gc34), Primary Servicing Agreement (GS Mortgage Securities Trust 2015-Gc28)

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