Common use of Services as Subservicer Clause in Contracts

Services as Subservicer. With respect to each Mortgage Loan, the Subservicer shall, in accordance with Accepted Subservicing Practices and subject to supervision by KRECM as set forth in this Agreement, perform the following servicing activities on behalf of KRECM as primary servicer, as follows: (a) The Subservicer shall, subject to the limitations and restrictions on its authority otherwise set forth in this Agreement and the PSAs, perform the duties and obligations with respect to the Mortgage Loans that KRECM is required to perform under the PSAs as modified, clarified or more specifically stated as follows: Amended & Restated Master Subservicing Agreement

Appears in 7 contracts

Samples: Subservicing Agreement, Subservicing Agreement (Citigroup Commercial Mortgage Trust 2016-Gc37), Subservicing Agreement (Morgan Stanley Capital I Trust 2016-Ubs9)

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