Common use of Selection and Removal of the Controlling Class Representative Clause in Contracts

Selection and Removal of the Controlling Class Representative. (a) The Majority Controlling Class Certificateholders may elect the Controlling Class Representative.

Appears in 45 contracts

Samples: Trust and Servicing Agreement (Benchmark 2022-B35 Mortgage Trust), Trust and Servicing Agreement (Bank 2022-Bnk41), Trust and Servicing Agreement (BBCMS Mortgage Trust 2022-C15)

AutoNDA by SimpleDocs

Selection and Removal of the Controlling Class Representative. (a) The Majority Controlling Class Certificateholders Certificateholder may elect the Controlling Class Representative.

Appears in 2 contracts

Samples: Trust and Servicing Agreement (BBCMS Mortgage Trust 2024-5c29), Trust and Servicing Agreement (Bank5 2024-5yr9)

AutoNDA by SimpleDocs

Selection and Removal of the Controlling Class Representative. (a) The Majority Controlling Class Certificateholders Certificateholder may elect the Controlling Class Representative.. 245

Appears in 1 contract

Samples: Trust and Servicing Agreement (Benchmark 2024-V10 Mortgage Trust)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!