Common use of Regulation AB Requirements Clause in Contracts

Regulation AB Requirements. The Servicer must use commercially reasonable efforts (i) to maintain in place, and to confirm that each Subservicer has in place, policies and procedures instituted to monitor any performance or other triggers and events of default in accordance with the applicable Asset Documents and the Servicing Obligations (as generally required pursuant to §§ 1122(d)(1)(i) and (ii) of Regulation AB), and (ii) to comply, and confirm, where applicable, that each Subservicer complies, with §§ 1122(d)(2)(i) through (vii), and §§ 1122(d)(4)(i) through (xiv) of Regulation AB, it being understood that any such requirements of Regulation AB referenced herein will be deemed applicable to the Servicing conducted hereunder (and under any Subservicing Agreement) regardless of whether such requirements apply, by their terms, only to companies registered or required to file reports with the Securities and Exchange Commission.

Regulation AB Requirements. The Servicer must Manager shall use commercially reasonable efforts to confirm, where applicable, that the Servicer (and any Sub-Servicer) (i) to maintain in place, and to confirm that each Subservicer has in place, policies and procedures instituted to monitor any performance or other triggers and events of default in accordance with the applicable Asset Documents and the Servicing Obligations (as generally required pursuant to §§ Sections 1122(d)(1)(i) and (ii) of Regulation AB), and (ii) to comply, and confirm, where applicable, that each Subservicer complies, complies with §§ Sections 1122(d)(2)(i) through (vii), and §§ Sections 1122(d)(4)(i) through (xiv) of Regulation AB, it being understood that any such requirements of Regulation AB referenced herein will shall be deemed applicable to the Servicing conducted hereunder (and under any Subservicing Sub-Servicing Agreement) regardless of whether such requirements apply, by their terms, only to companies registered or required to file reports with the Securities and Exchange Commission.

Regulation AB Requirements. The Servicer must shall use commercially reasonable efforts (i) to maintain in place, and to confirm that each Subservicer Sub-Servicer has in place, policies and procedures instituted to monitor any performance or other triggers and events of default in accordance with the applicable Asset Documents and the Servicing Obligations (as generally required pursuant to §§ Sections 1122(d)(1)(i) and (ii) of Regulation AB), and (ii) to comply, and confirm, where applicable, that each Subservicer Sub-Servicer complies, with §§ Sections 1122(d)(2)(i) through (vii), and §§ Sections 1122(d)(4)(i) through (xiv) of Regulation AB, it being understood that any such requirements of Regulation AB referenced herein will shall be deemed applicable to the Servicing conducted hereunder (and under any Subservicing Sub-Servicing Agreement) regardless of whether such requirements apply, by their terms, only to companies registered or required to file reports with the Securities and Exchange Commission.