Common use of Rating Agency Notices Clause in Contracts

Rating Agency Notices. (a) The Issuer shall deliver written notice of the following events to (i) Xxxxx Bond Rating Agency, Inc., 000 Xxxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000, Attention: CMBS Surveillance (or by electronic mail at xxxxxxxxxxxxxxxx@xxxx.xxx) and (ii) Moody’s Investor Services, Inc., 7 World Trade Center, 000 Xxxxxxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000, Attention: CRE CDO Surveillance, (or by electronic mail at xxxxxx_xxx_xxx_xxxxxxxxxx@xxxxxx.xxx), or such other address that any Rating Agency shall designate in the future, promptly following the occurrence thereof: (a) any amendment to this Agreement or any other documents included in the Indenture; (b) any Event of Default; (c) any change in or the termination of the Operating Advisor; (d) the removal of the Servicer or the Special Servicer or any successor servicer as Servicer or successor special servicer as Special Servicer; (e) any inspection results received in writing (whether structural, environmental or otherwise) of any Mortgaged Property; (f) final payment to the Noteholders; or (g) any change in a property manager. In addition, the Monthly Reports, the CREFC® Investor Reporting Packet and the CREFC® Special Servicer Loan File and such other reports provided for hereunder or under the Indenture shall be made available to the Rating Agencies at the time such documents are required to be delivered pursuant to the Indenture. The Servicer or the Special Servicer and the Issuer also shall furnish such other information regarding the Mortgage Loans as may be reasonably requested by the Rating Agencies to the extent such party has or can obtain such information without unreasonable effort or expense. Notwithstanding the foregoing, the failure to deliver such notices or copies shall not constitute a Servicer Termination Event under this Agreement.

Appears in 1 contract

Samples: Servicing Agreement (TPG RE Finance Trust, Inc.)

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Rating Agency Notices. (a) The Issuer shall deliver written notice of the following events to (i) Xxxxx Bond Rating Agency, Inc., 000 Xxxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000, Attention: CMBS Surveillance (or by electronic mail at xxxxxxxxxxxxxxxx@xxxx.xxx) and (ii) Moody’s Investor Services, Inc., 7 World Trade Center, 000 Xxxxxxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000, Attention: CRE CDO Surveillance, (or by electronic mail at xxxxxx_xxx_xxx_xxxxxxxxxx@xxxxxx.xxx), or such other address that any Rating Agency shall designate in the future, promptly following the occurrence thereof: (a) any amendment to this Agreement or any other documents included in the Indenture; (b) any Event of Default; (c) any change in or the termination of the Operating Advisor; (d) the removal of the Servicer or the Special Servicer or any successor servicer as Servicer or successor special servicer as Special Servicer; (e) any inspection results received in writing (whether structural, environmental or otherwise) of any Mortgaged Property; (f) final payment to the Noteholders; or (g) any change in a property manager. In addition, the Monthly Reports, the CREFC® Investor Reporting Packet and the CREFC® Special Servicer Loan File and such other reports provided for hereunder or under the Indenture shall be made available to the Rating Agencies at the time such documents are required to be delivered pursuant to the Indenture. The Servicer or the Special Servicer and the Issuer also shall furnish such other information regarding the Mortgage Commercial Real Estate Loans as may be reasonably requested by the Rating Agencies to the extent such party has or can obtain such information without unreasonable effort or expense. Notwithstanding the foregoing, the failure to deliver such notices or copies shall not constitute a Servicer Termination Event under this Agreement.. (b) All information and notices required to be delivered to the Rating Agencies pursuant to this Agreement or requested by the Rating Agencies in connection herewith, shall first be provided in electronic format to the 17g-5 Information Provider in compliance with the terms of the Indenture (who shall post such information to the 17g-5 Website in accordance with Section 14.13 of the Indenture). The Servicer may (but is not required to) provide information and notices directly to the Rating Agencies the earlier of (a) upon notice that the information is posted to the 17g-5 Website and (b) at the same time the information or notice was provided to the 17g-5 Information Provider in accordance with the procedures in Section 14.13 of the Indenture. (c) Each party hereto, insofar as it may communicate with any Rating Agency pursuant to any provision of this Agreement, each other party to this Agreement, agrees to comply (and to cause each and every sub-servicer, subcontractor, vendor or agent for such Person and each of its officers, directors and employees to comply) with the provisions relating to communications with the Rating Agencies set forth in this Section 9.11 and shall not deliver to the Rating Agencies any report, statement, request or other information relating to the Notes or the Commercial Real Estate Loans other than in compliance with such provisions. (d) The Servicer and the Special Servicer shall be permitted (but not obligated) to orally communicate with the Rating Agencies regarding any of the Loan Documents and any other matters related to the Commercial Real Estate Loans, the related Mortgaged Properties, the related Mortgagors or any other matters relating to this Agreement; 00000000.00.XXXXXXXX -119-

Appears in 1 contract

Samples: Execution Version Servicing Agreement (Granite Point Mortgage Trust Inc.)

Rating Agency Notices. (a) The Issuer (or the Collateral Manager, acting on behalf of the Issuer) shall deliver written notice of the following events to (i) Standard & Poor’s Rating Services, 50 Xxxxx Bond Rating AgencyXxxxxx 00xx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000-0000, Attention: Structured Finance Ratings, Asset-Backed Securities CBO/CLO Surveillance (and by electronic mail at cxxxxxxxxxxxxxx@xxxxxxxxxxxxxxxx.xxx), (ii) Mxxxx’x Investors Service, Inc., 000 Xxxxx 90 Xxxxxx Xxxxxx, 00xx Xxx Xxxx, Xxx Xxxx 00000, Attention: CBO/CLO Monitoring (or by electronic mail at cxxxxxxxxxxxx@xxxxxx.xxx), and (iii) Fitch, Inc., Oxx Xxxxx Xxxxxx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000, Attention: CMBS Surveillance Commercial Real Estate Loan CDOs, Performance Analytics (or by electronic mail at xxxxxxxxxxxxxxxx@xxxx.xxxcxx.xxxxxxxxxxxx@xxxxxxxxxxxxxxxx.xxx) and (ii) Moody’s Investor Services, Inc., 7 World Trade Center, 000 Xxxxxxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000, Attention: CRE CDO Surveillance, (or by electronic mail at xxxxxx_xxx_xxx_xxxxxxxxxx@xxxxxx.xxx), or such other address that any Rating Agency shall designate in the future, promptly following the occurrence thereof: (a) any amendment to this Agreement or any other documents included in the Indenture; (b) any notices of any Event of DefaultDefault delivered to or by the Servicer or the Special Servicer; (c) any change in or the termination of the Operating AdvisorCollateral Manager; (d) the removal of the Servicer or the Special Servicer or any successor servicer as Servicer or successor special servicer as Special Servicer; (e) any inspection results received in writing (whether structural, environmental or otherwise) of any Mortgaged PropertyCollateral Obligation; (f) final payment to the Noteholdersany holder of a CLO Note rated by such Rating Agency; or and (g) any change in a property manager. In addition, the Monthly Reports, Issuer shall deliver copies of or make available the CREFC® Investor Reporting Packet and the CREFC® Special Servicer Loan File and such other reports provided for hereunder or under the Indenture shall be made available following documents to the each Rating Agencies Agency at the time such documents are required to be delivered pursuant to this Agreement: (1) the Trustee reports under the Indenture and (2) reports issued to the CLO Noteholders under the Indenture. The Servicer or the Special Servicer and the Issuer also shall furnish such other information regarding the Mortgage Loans Collateral Obligations as may be reasonably requested by the Rating Agencies to the extent such party has or can obtain such information without unreasonable effort or expense. Notwithstanding the foregoing, the failure to deliver such notices or copies shall not constitute a Servicer Termination an Event of Default under this Agreement. Any Rating Agency Confirmation required hereunder shall be in writing.

Appears in 1 contract

Samples: Servicing Agreement (Capitalsource Inc)

Rating Agency Notices. (a) The Issuer shall deliver written notice of the following events to (i) Xxxxx Bond Rating Agency, Inc., 000 Xxxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000, Attention: CMBS Surveillance (or by electronic mail at xxxxxxxxxxxxxxxx@xxxx.xxx) and (ii) Moody’s Investor Services, Inc., 7 World Trade Center, 000 Xxxxxxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000, Attention: CRE CDO Surveillance, (or by electronic mail at xxxxxx_xxx_xxx_xxxxxxxxxx@xxxxxx.xxx), or such other address that any Rating Agency shall designate in the future, promptly following the occurrence thereof: (a) any amendment to this Agreement or any other documents included in the Indenture; (b) any Event of Default; (c) any change in or the termination of the Operating Advisor; (d) the removal of the Servicer or the Special Servicer or any successor servicer as Servicer or successor special servicer as Special Servicer; (e) any inspection results received in writing (whether structural, environmental or otherwise) of any Mortgaged Property; (f) final payment to the Noteholders; or (g) any change in a property manager. In addition, the Monthly Reports, the CREFC® Investor Reporting Packet and the CREFC® Special Servicer Loan File and such other reports provided for hereunder or under the Indenture shall be made available to the Rating Agencies at the time such documents are required to be delivered pursuant to the Indenture. The Servicer or the Special Servicer and the Issuer also shall furnish such other information regarding the Mortgage Loans as may be reasonably requested by the Rating Agencies to the extent such party has or can obtain such information without unreasonable effort or expense. Notwithstanding the foregoing, the failure to deliver such notices or copies shall not constitute a Servicer Termination Event under this Agreement.

Appears in 1 contract

Samples: Servicing Agreement (TPG RE Finance Trust, Inc.)

Rating Agency Notices. (a) The Issuer (or the Collateral Manager acting on behalf of the Issuer) shall deliver written notice of the following events to (i) Xxxxx Bond Rating Agency, Inc., 000 Xxxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000, Attention: CMBS Surveillance (or by electronic mail at xxxxxxxxxxxxxxxx@xxxx.xxx) and (ii) Moody’s Xxxxx’x Investor Services, Inc., 7 World Trade Center, 000 Xxxxxxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000, Attention: CRE CDO Surveillance, (or by electronic mail at xxxxxx_xxx_xxx_xxxxxxxxxx@xxxxxx.xxx), or such other address that any Rating Agency shall designate in the future, promptly following the occurrence thereof: (a) any amendment to this Agreement or any other documents included in the Indenture; (b) any Event of Default; (c) any change in or the termination of the Operating AdvisorCollateral Manager; (d) the removal of the Servicer or the Special Servicer or any successor servicer as Servicer or successor special servicer as Special Servicer; (e) any inspection results received in writing (whether structural, environmental or otherwise) of any Mortgaged Property; (f) final payment to the Noteholders; or (g) any change in a property manager. In addition, the Monthly Reports, the CREFC® Investor Reporting Packet Package and the CREFC® Special Servicer Loan File and such other reports provided for hereunder or under the Indenture shall be made available to the Rating Agencies at the time such documents are required to be delivered pursuant to the Indenture. The Servicer or the Special Servicer and the Issuer also shall furnish such other information regarding the Mortgage Commercial Real Estate Loans as may be reasonably requested by the Rating Agencies to the extent such party has or can obtain such information without unreasonable effort or expense. Notwithstanding the foregoing, the failure to deliver such notices or copies shall not constitute a Servicer Termination Event under this Agreement.

Appears in 1 contract

Samples: Servicing Agreement (Granite Point Mortgage Trust Inc.)

Rating Agency Notices. (a) The Issuer shall deliver written notice of the following events to (i) Xxxxx Bond Rating AgencyDBRS, Inc., 000 Xxxxx 00 Xxxx Xxxxxxxxxx Xxxxxx, 00xx XxxxxXxxxxxx, Xxx Xxxx, Xxx Xxxx Xxxxxxxx 00000, Attention: CMBS Surveillance Surveillance, Fax: (or by electronic mail at xxxxxxxxxxxxxxxx@xxxx.xxx000) 000-0000, Email: xxxx.xxxxxxxxxxxx@xxxxxxxxxxx.xxx, and (ii) Moody’s Investor Services, Inc., 7 World Trade Center, 000 Xxxxxxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000, Attention: CRE CDO Surveillance, (or by electronic mail at xxxxxx_xxx_xxx_xxxxxxxxxx@xxxxxx.xxx), or such other address that any Rating Agency shall designate in the future, promptly following the occurrence thereof: (a) any amendment to this Agreement or any other documents included in the Indenture; (b) any Event of Default; (c) any change in or the termination of the Operating Advisor; (d) the removal of the Servicer or the Special Servicer or any successor servicer as Servicer or successor special servicer as Special Servicer; (e) any inspection results received in writing (whether structural, environmental or otherwise) of any Mortgaged Property; (f) final payment to the Noteholders; or (g) any change in a property manager. In addition, the Monthly Reports, the CREFC® Investor Reporting Packet Package and the CREFC® Special Servicer Loan File and such other reports provided for hereunder or under the Indenture shall be made available to the Rating Agencies at the time such documents are required to be delivered pursuant to the Indenture. The Servicer or the Special Servicer and the Issuer also shall furnish such other information regarding the Mortgage Commercial Real Estate Loans as may be reasonably requested by the Rating Agencies to the extent such party has or can obtain such information without unreasonable effort or expense. Notwithstanding the foregoing, the failure to deliver such notices or copies shall not constitute a Servicer Termination Event under this Agreement.

Appears in 1 contract

Samples: Servicing Agreement (Granite Point Mortgage Trust Inc.)

Rating Agency Notices. (a) The Issuer shall deliver written notice of the following events to (i) Xxxxx Bond Rating Agency, Inc.LLC, 000 Xxxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000, Attention: CMBS Surveillance (or by electronic mail at xxxxxxxxxxxxxxxx@xxxx.xxx) and (ii) Moody’s Xxxxx’x Investor Services, Inc., 7 World Trade Center, 000 Xxxxxxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000, Attention: CRE CDO Surveillance, (or by electronic mail at xxxxxx_xxx_xxx_xxxxxxxxxx@xxxxxx.xxx), or such other address that any Rating Agency shall designate in the future, promptly following the occurrence thereof: (a) any amendment to this Agreement or any other documents included in the Indenture; , (b) any Event of Default; , (c) any change in or the termination of the Operating Advisor; (d) the removal of the Servicer or the Special Servicer or any successor servicer as Servicer or successor special servicer as Special Servicer; , (ed) any inspection results received in writing (whether structural, environmental or otherwise) of any Mortgaged Property; , (fe) final payment to the Noteholders; Noteholders or (gf) any change in a property manager. In addition, the Monthly Reports, the CREFC® Investor Reporting Packet Package and the CREFC® Special Servicer Loan File and such other reports provided for hereunder or under the Indenture shall be made available to the Rating Agencies at the time such documents are required to be delivered pursuant to the Indenture. The Servicer or the Special Servicer and the Issuer also shall furnish such other information regarding the Mortgage Commercial Real Estate Loans as may be reasonably requested by the Rating Agencies to the extent such party has or can obtain such information without unreasonable effort or expense. Notwithstanding the foregoing, the failure to deliver such notices or copies shall not constitute a Servicer Termination Event under this Agreement.

Appears in 1 contract

Samples: Servicing Agreement (TPG RE Finance Trust, Inc.)

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Rating Agency Notices. The Issuer (or the Collateral Manager in respect to clauses (a), (b), (c), (d) The Issuer and (f) or the Servicer or Special Servicer in respect to clauses (e) and (g) acting on behalf of the Issuer) shall deliver written notice of the following events to (i) Xxxxx Bond Rating Agency, Inc., 000 Xxxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000, Attention: CMBS Surveillance (or by electronic mail at xxxxxxxxxxxxxxxx@xxxx.xxx) and (ii) Moody’s Xxxxx’x Investor Services, Inc., 7 World Trade Center, 000 Xxxxxxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000, Attention: CRE CDO Surveillance, (or by electronic mail at xxxxxx_xxx_xxx_xxxxxxxxxx@xxxxxx.xxx) and (ii) Xxxxx Bond Rating Agency, Inc., 000 Xxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000, Attention: CMBS Surveillance (or by electronic mail at xxxxxxxxxxxxxxxx@xxxx.xxx), or such other address that any either Rating Agency shall designate in the future, promptly following the occurrence thereof: (a) any amendment to this Agreement or any other documents included in the Indenture; (b) any Event of Default; (c) any change in or the termination of the Operating Advisor; (d) the removal of the Servicer or the Special Servicer or any successor servicer as Servicer or successor special servicer as Special Servicer; (d) any change in or the termination of the Collateral Manager; (e) any inspection results received in writing (whether structural, environmental or otherwise) of any Mortgaged Property; or (f) final payment to the Noteholders; or (g) any change in a property manager. In addition, the Monthly Reports, the CREFC® Investor Reporting Packet and the CREFC® Special Servicer Loan File and such other reports provided for hereunder or under the Indenture shall be made available to the each Rating Agencies Agency at the time such documents are required to be delivered pursuant to the Indenture. The Servicer or the Special Servicer and the Issuer also shall furnish such other information regarding the Mortgage Loans as may be reasonably requested by the Rating Agencies to the extent such party has or can obtain such information without unreasonable effort or expense. Notwithstanding the foregoing, the failure to deliver such notices or copies shall not constitute a Servicer Termination Event under this Agreement.

Appears in 1 contract

Samples: Servicing Agreement (Lument Finance Trust, Inc.)

Rating Agency Notices. (a) The Issuer (or the Collateral Manager acting on behalf of the Issuer) shall deliver written notice of the following events to (i) Xxxxx Bond Rating AgencyDBRS, Inc., 000 Xxxxx 20 Xxxx Xxxxxxxxxx Xxxxxx, 00xx XxxxxXxxxxxx, Xxx Xxxx, Xxx Xxxx Xxxxxxxx 00000, Attention: CMBS Surveillance Surveillance, Fax: (or by electronic mail at xxxxxxxxxxxxxxxx@xxxx.xxx000) 000-0000, Email: cxxx.xxxxxxxxxxxx@xxxxxxxxxxx.xxx, and (ii) Moody’s Mxxxx’x Investor Services, Inc., 7 World Trade Center, 000 200 Xxxxxxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000, Attention: CRE CDO Surveillance, (or by electronic mail at xxxxxx_xxx_xxx_xxxxxxxxxx@xxxxxx.xxxmxxxxx_xxx_xxx_xxxxxxxxxx@xxxxxx.xxx), or such other address that any Rating Agency shall designate in the future, promptly following the occurrence thereof: (a) any amendment to this Agreement or any other documents included in the Indenture; (b) any Event of Default; (c) any change in or the termination of the Operating AdvisorCollateral Manager; (d) the removal of the Servicer or the Special Servicer or any successor servicer as Servicer or successor special servicer as Special Servicer; (e) any inspection results received in writing (whether structural, environmental or otherwise) of any Mortgaged Property; (f) final payment to the Noteholders; or (g) any change in a property manager. In addition, the Monthly Reports, the CREFC® Investor Reporting Packet Package and the CREFC® Special Servicer Loan File and such other reports provided for hereunder or under the Indenture shall be made available to the Rating Agencies at the time such documents are required to be delivered pursuant to the Indenture. The Servicer or the Special Servicer and the Issuer also shall furnish such other information regarding the Mortgage Commercial Real Estate Loans as may be reasonably requested by the Rating Agencies to the extent such party has or can obtain such information without unreasonable effort or expense. Notwithstanding the foregoing, the failure to deliver such notices or copies shall not constitute a Servicer Termination Event under this Agreement.

Appears in 1 contract

Samples: Servicing Agreement (Granite Point Mortgage Trust Inc.)

Rating Agency Notices. (a) The Issuer shall deliver written notice of the following events to (i) Xxxxx Bond Rating AgencyDBRS, Inc., 000 Xxxxx Xxxxxx, 00xx Xxxx Xxxxxx Xxxxx, Xxx XxxxSuite 1800, Xxx Xxxx 00000Chicago, Illinois 60606, Facsimile No.: (000) 000-0000, Attention: CMBS Commercial Mortgage Surveillance (or by electronic mail at xxxxxxxxxxxxxxxx@xxxx.xxxxxxx.xxxxxxxxxxxx@xxxx.xxx) and (ii) Moody’s Xxxxx’x Investor Services, Inc., 7 World Trade Center, 000 Xxxxxxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000, Attention: CRE CDO Surveillance, (or by electronic mail at xxxxxx_xxx_xxx_xxxxxxxxxx@xxxxxx.xxx), or such other address that any Rating Agency shall designate in the future, promptly following the occurrence thereof: (a) any amendment to this Agreement or any other documents included in the Indenture; , (b) any Event of Default; , (c) any change in or the termination of the Operating Advisor; (d) the removal of the Servicer or the Special Servicer or any successor servicer as Servicer or successor special servicer as Special Servicer; , (ed) any inspection results received in writing (whether structural, environmental or otherwise) of any Mortgaged Property; , (fe) final payment to the Noteholders; Noteholders or (gf) any change in a property manager. In addition, the Monthly Reports, the CREFC® Investor Reporting Packet Package and the CREFC® Special Servicer Loan File and such other reports provided for hereunder or under the Indenture shall be made available to the Rating Agencies at the time such documents are required to be delivered pursuant to the Indenture. The Servicer or the Special Servicer and the Issuer also shall furnish such other information regarding the Mortgage Commercial Real Estate Loans as may be reasonably requested by the Rating Agencies to the extent such party has or can obtain such information without unreasonable effort or expense. Notwithstanding the foregoing, the failure to deliver such notices or copies shall not constitute a Servicer Termination Event under this Agreement.

Appears in 1 contract

Samples: Servicing Agreement (TPG RE Finance Trust, Inc.)

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