Common use of Servicers of the Mortgage Loan Clause in Contracts

Servicers of the Mortgage Loan. Xxxxx Fargo Bank, National Association is hereby appointed by the Holders as the interim servicer of the Mortgage Loan. From and after the Lead Securitization Date, pursuant to this Agreement and the Lead Securitization Servicing Agreement, Xxxxx Fargo Bank, National Association will be appointed as the initial master servicer of the Trust Loan and the primary servicer of the Mortgage Loan and Situs Holdings, LLC will be appointed as the initial special servicer of the Mortgage Loan. Prior to the Lead Securitization Date, the Lead Securitization Note Holder shall have the right to appoint and remove the Interim Servicer with or without cause under this Agreement and from and after the Lead Securitization Date, the Lead Securitization Note Holder shall have the right to appoint and remove the Master Servicer and the Special Servicer in accordance with the terms of the Lead Securitization Servicing Agreement. All rights and obligations of the Lead Securitization Note Holder described hereunder may be exercised by the Servicer and/or the Special Servicer (except as set forth in the preceding sentence) and, to the extent applicable, the Certificate Administrator, the Trustee or the paying agent on behalf of the Lead Securitization Note Holder and the other Holders agree to cooperate with any such Persons with respect to its exercise of such rights and obligations.

Appears in 16 contracts

Samples: Co Lender Agreement (Wells Fargo Commercial Mortgage Trust 2021-C60), Co Lender Agreement (Bank 2021-Bnk33), Co Lender Agreement (CSAIL 2021-C20 Commercial Mortgage Trust)

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Servicers of the Mortgage Loan. Xxxxx Fargo Bank, KeyBank National Association is hereby appointed by the Holders as the interim servicer of the Mortgage Loan. From and after the Lead Securitization Date, pursuant to this Agreement and the Lead Securitization Servicing Agreement, Xxxxx Fargo Bank, KeyBank National Association will be appointed as the initial master servicer of the Trust Loan and the primary servicer of the Mortgage Loan and Situs Holdings, LLC will be appointed as the initial special servicer of the Mortgage Loan. Prior to the Lead Securitization Date, the Lead Securitization Note Holder shall have the right to appoint and remove the Interim Servicer with or without cause under this Agreement and from and after the Lead Securitization Date, the Lead Securitization Note Holder shall have the right to appoint and remove the Master Servicer and the Special Servicer in accordance with the terms of the Lead Securitization Servicing Agreement. All rights and obligations of the Lead Securitization Note Holder described hereunder may be exercised by the Servicer and/or the Special Servicer (except as set forth in the preceding sentence) and, to the extent applicable, the Certificate Administrator, the Trustee or the paying agent on behalf of the Lead Securitization Note Holder and the other Holders agree to cooperate with any such Persons with respect to its exercise of such rights and obligations.

Appears in 6 contracts

Samples: Co Lender Agreement (BMO 2022-C1 Mortgage Trust), Co Lender Agreement (Benchmark 2022-B32 Mortgage Trust), Co Lender Agreement (Bank 2022-Bnk39)

Servicers of the Mortgage Loan. Xxxxx Fargo Bank, National Association is hereby appointed by the Holders as the interim servicer Interim Servicer of the Mortgage Loan. From and after the Lead Securitization Date, pursuant to this Agreement and the Lead Securitization Servicing Agreement, Xxxxx Fargo Bank, National Association will be appointed as the initial master servicer of the Trust Loan and the primary servicer of the Mortgage Loan and Situs Holdings, CWCapital Asset Management LLC will be appointed as the initial special servicer of the Mortgage Loan. Prior to the Lead Securitization Date, the Lead Securitization Note Holder shall have the right to appoint and remove the Interim Servicer with or without cause under this Agreement and from and after the Lead Securitization Date, the Lead Securitization Note Holder shall have the right to appoint and remove the Master Servicer and the Special Servicer in accordance with the terms of the Lead Securitization Servicing Agreement. All rights and obligations of the Lead Securitization Note Holder described hereunder may be exercised by the Servicer and/or the Special Servicer (except as set forth in the preceding sentence) and, to the extent applicable, the Certificate Administrator, the Trustee or the paying agent on behalf of the Lead Securitization Note Holder and the other Holders agree to cooperate with any such Persons with respect to its exercise of such rights and obligations.

Appears in 6 contracts

Samples: Co Lender Agreement (Bank 2020-Bnk27), Co Lender Agreement (Bank 2020-Bnk26), Co Lender Agreement (Benchmark 2020-Ig1 Mortgage Trust)

Servicers of the Mortgage Loan. Xxxxx Fargo Bank, National Association is hereby appointed by the Holders as the interim servicer of the Mortgage Loan. From and after the Lead Securitization Date, pursuant to this Agreement and the Lead Securitization Servicing Agreement, Xxxxx Fargo Bank, National Association will be appointed as the initial master servicer of the Trust Loan and the primary servicer of the Mortgage Loan and Situs Holdings, CWCapital Asset Management LLC will be appointed as the initial special servicer of the Mortgage Loan. Prior to the Lead Securitization Date, the Lead Securitization Note Holder shall have the right to appoint and remove the Interim Servicer with or without cause under this Agreement and from and after the Lead Securitization Date, the Lead Securitization Note Holder shall have the right to appoint and remove the Master Servicer and the Special Servicer in accordance with the terms of the Lead Securitization Servicing Agreement. All rights and obligations of the Lead Securitization Note Holder described hereunder may be exercised by the Servicer and/or the Special Servicer (except as set forth in the preceding sentence) and, to the extent applicable, the Certificate Administrator, the Trustee or the paying agent on behalf of the Lead Securitization Note Holder and the other Holders agree to cooperate with any such Persons with respect to its exercise of such rights and obligations.

Appears in 5 contracts

Samples: Co Lender Agreement (UBS Commercial Mortgage Trust 2019-C18), Co Lender Agreement (Benchmark 2019-B15 Mortgage Trust), Co Lender Agreement (COMM 2019-Gc44 Mortgage Trust)

Servicers of the Mortgage Loan. Xxxxx Fargo Bank, National Association Berkadia Commercial Mortgage LLC is hereby appointed by the Holders as the interim servicer of the Mortgage Loan. From and after the Lead Securitization Date, pursuant to this Agreement and the Lead Securitization Servicing Agreement, Xxxxx Fargo Bank, National Association Berkadia Commercial Mortgage LLC will be appointed as the initial master servicer of the Trust Loan and the primary servicer of the Mortgage Loan and Situs HoldingsSitus, LLC Inc. will be appointed as the initial special servicer of the Mortgage Loan. Prior to the Lead Securitization Co-Lender Agreement (Tysons Corner Center) Date, the Lead Securitization Note Holder shall have the right to appoint and remove the Interim Servicer with or without cause under this Agreement and from and after the Lead Securitization Date, the Lead Securitization Note Holder shall have the right to appoint and remove the Master Servicer and the Special Servicer in accordance with the terms of the Lead Securitization Servicing Agreement. All rights and obligations of the Lead Securitization Note Holder described hereunder may be exercised by the Servicer and/or the Special Servicer (except as set forth in the preceding sentence) and, to the extent applicable, the Certificate Administrator, the Trustee or the paying agent on behalf of the Lead Securitization Note Holder and the other Holders agree to cooperate with any such Persons with respect to its exercise of such rights and obligations.

Appears in 5 contracts

Samples: Co Lender Agreement (BANK5 Trust 2024-5yr6), Co Lender Agreement (BBCMS Mortgage Trust 2024-5c25), Co Lender Agreement (Bank5 2024-5yr5)

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Servicers of the Mortgage Loan. Xxxxx Fargo Midland Loan Services, a Division of PNC Bank, National Association is hereby appointed by the Holders as the interim servicer Interim Servicer of the Mortgage Loan. From and after the Lead Securitization Date, pursuant to this Agreement and the Lead Securitization Servicing Agreement, Xxxxx Fargo Bank, KeyBank National Association will be appointed as the initial master servicer of the Trust Loan and the primary servicer of the Mortgage Loan and Situs Holdings, LLC KeyBank National Association will be appointed as the initial special servicer of the Mortgage Loan. Prior to the Lead Securitization Date, the Lead Securitization Note Holder shall have the right to appoint and remove the Interim Servicer with or without cause under this Agreement and from and after the Lead Securitization Date, the Lead Securitization Note Holder shall have the right to appoint and remove the Master Servicer and the Special Servicer in accordance with the terms of the Lead Securitization Servicing Agreement. All rights and obligations of the Lead Securitization Note Holder described hereunder may be exercised by the Servicer and/or the Special Servicer (except as set forth in the preceding sentence) and, to the extent applicable, the Certificate Administrator, the Trustee or the paying agent on behalf of the Lead Securitization Note Holder and the other Holders agree to cooperate with any such Persons with respect to its exercise of such rights and obligations.

Appears in 2 contracts

Samples: Co Lender Agreement (Benchmark 2020-B20 Mortgage Trust), Co Lender Agreement (Benchmark 2020-B19 Mortgage Trust)

Servicers of the Mortgage Loan. Xxxxx Fargo Bank, KeyBank National Association is hereby appointed by the Holders as the interim servicer of the Mortgage Loan. From and after the Lead Securitization Date, pursuant to this Agreement and the Lead Securitization Servicing Agreement, Xxxxx Fargo Bank, KeyBank National Association will be appointed as the initial master servicer of the Trust Loan and the primary servicer of the Mortgage Loan and Situs Holdings, LLC KeyBank National Association will be appointed as the initial special servicer of the Mortgage Loan. Prior to the Lead Securitization Date, the Lead Securitization Note Holder shall have the right to appoint and remove the Interim Servicer with or without cause under this Agreement and from and after the Lead Securitization Date, the Lead Securitization Note Holder shall have the right to appoint and remove the Master Servicer and the Special Servicer in accordance with the terms of the Lead Securitization Servicing Agreement. All rights and obligations of the Lead Securitization Note Holder described hereunder may be exercised by the Servicer and/or the Special Servicer (except as set forth in the preceding sentence) and, to the extent applicable, the Certificate Administrator, the Trustee or the paying agent on behalf of the Lead Securitization Note Holder and the other Holders agree to cooperate with any such Persons with respect to its exercise of such rights and obligations.

Appears in 2 contracts

Samples: Co Lender Agreement (Benchmark 2020-B17 Mortgage Trust), Co Lender Agreement (Citigroup Commercial Mortgage Trust 2020-Gc46)

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