Common use of Regulation AB Compliance Clause in Contracts

Regulation AB Compliance. The Primary Servicer shall comply with the reporting and certification requirements required to be complied with by a "Reporting Servicer", a "Sub-Servicer", a "Servicing Function Participant" or an "Additional Servicer" under Article XI of the Pooling and Servicing Agreement (whether or not the Primary Servicer's activities satisfy the percentage requirement set forth in the definition of "Servicing Function Participant" under the Pooling and Servicing Agreement (or, implicitly, in the definitions of "Reporting Servicer" or "Sub-Servicer" under the Pooling and Servicing Agreement) or the definitional requirements of "Additional Servicer" under the Pooling and Servicing Agreement). The parties acknowledge the entitlement granted to the Master Servicer and the Primary Servicer under the Pooling and Servicing Agreement to assume that there is no "significant obligor" other than a party identified as such in the Prospectus Supplement and to assume that no other person will constitute a "significant obligor" after the Cut-off Date. The parties further acknowledge that no Person is identified in the Prospectus Supplement as a "significant obligor" with respect to any of the Mortgage Loans. The Primary Servicer shall be entitled to rely on such provisions of the Pooling and Servicing Agreement and such acknowledgements for purposes of its duties under this Section 5.13.

Regulation AB Compliance. The Primary Servicer shall comply with the reporting and certification requirements required to be complied with by a "Reporting Servicer", a "Sub-Servicer", a "Servicing Function Participant" or an "Additional Servicer" under Article XI of the Pooling and Servicing Agreement (whether or not the Primary Servicer's activities satisfy the percentage requirement set forth in the definition of "Servicing Function Participant" under the Pooling and Servicing Agreement (or, implicitly, in the definitions of "Reporting Servicer" or "Sub-Servicer" under the Pooling and Servicing Agreement) or the definitional requirements of "Additional Servicer" under the Pooling and Servicing Agreement). The parties acknowledge the entitlement granted to the Master Servicer and the Primary Servicer under the Pooling and Servicing Agreement to assume that there is no "significant obligor" other than a party identified as such in the Prospectus Supplement and to assume that no other person will constitute a "significant obligor" after the Cut-off Date. The parties further acknowledge that no Person is identified in the Prospectus Supplement as a "significant obligor" with respect to any of the Mortgage Loans. The Primary Servicer shall be entitled to rely on such provisions of the Pooling and Servicing Agreement and such acknowledgements aknowledgements for purposes of its duties under this Section 5.13.

Regulation AB Compliance. The Primary Servicer shall comply with the reporting and certification requirements required to be complied with by a "“Reporting Servicer"”, a "“Sub-Servicer"”, a "“Servicing Function Participant" ” or an "“Additional Servicer" ” under Article XI of the Pooling and Servicing Agreement (whether or not the Primary Servicer's ’s activities satisfy the percentage requirement set forth in the definition of "“Servicing Function Participant" ” under the Pooling and Servicing Agreement (or, implicitly, in the definitions of "“Reporting Servicer" ” or "“Sub-Servicer" ” under the Pooling and Servicing Agreement) or the definitional requirements of "“Additional Servicer" ” under the Pooling and Servicing Agreement). The parties acknowledge the entitlement granted to the Master Servicer and the Primary Servicer under the Pooling and Servicing Agreement to assume that there is no "“significant obligor" ” other than a party identified as such in the Prospectus Supplement and to assume that no other person will constitute a "“significant obligor" ” after the Cut-off Date. The parties further acknowledge that no Person is identified in the Prospectus Supplement as a "“significant obligor" ” with respect to any of the Mortgage Loans. The Primary Servicer shall be entitled to rely on such provisions of the Pooling and Servicing Agreement and such acknowledgements for purposes of its duties under this Section 5.13.