CITIGROUP COMMERCIAL MORTGAGE SECURITIES INC. CITIGROUP COMMERCIAL MORTGAGE TRUST 2015-GC29 COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2015- GC29Underwriting Agreement • April 15th, 2015 • Citigroup Commercial Mortgage Trust 2015-Gc29 • Asset-backed securities
Citigroup Global Markets Inc. 390 Greenwich Street, 5th Floor New York, New York 10013 Goldman, Sachs & Co. 200 West Street New York, New York 10282 Deutsche Bank Securities Inc. 60 Wall Street New York, New York 10005 Drexel Hamilton, LLC 77 Water Street New York, New York 10005
CITIGROUP COMMERCIAL MORTGAGE SECURITIES INC., PURCHASER and FCRE REL, LLC, SELLER MORTGAGE LOAN PURCHASE AGREEMENT Dated as of April 1, 2015 Series 2015-GC29Mortgage Loan Purchase Agreement • April 15th, 2015 • Citigroup Commercial Mortgage Trust 2015-Gc29 • Asset-backed securities • New York
Capitalized terms used herein without definition have the meanings given them in the Agreement or, if not defined therein, in the Indemnification Agreement.
CITIGROUP COMMERCIAL MORTGAGE SECURITIES INC.,Mortgage Loan Purchase Agreement • April 15th, 2015 • Citigroup Commercial Mortgage Trust 2015-Gc29 • Asset-backed securities • New York
Representation Mortgage Loan Description of Exception (16) Insurance 3 Columbus Circle (Loan No. 3) The Mortgage Loan documents provide that if terrorism coverage is not available from a carrier meeting the requirements otherwise contained in the Loan Documents, Borrower will, to the extent commercially feasible, obtain such coverage from the highest rated insurance company providing such coverage; provided, however, that notwithstanding the foregoing requirement that terrorism insurance be obtained from a qualified carrier, Borrower may obtain terrorism coverage in excess of $100,000,000 written by Belmont Insurance Company, a non-rated captive insurer, provided the following conditions are met and continue to be satisfied: (1) Belmont Insurance Company is and remains a licensed captive insurance company which is owned by SL Green Realty Corp. or SL Green Operating Partnership, L.P.; (2) as long as there is United States Federal Government backstop for an amount equal to the Applicab
CITIGROUP COMMERCIAL MORTGAGE SECURITIES INC., Depositor, MIDLAND LOAN SERVICES, A DIVISION OF PNC BANK, NATIONAL ASSOCIATION, Master Servicer, MIDLAND LOAN SERVICES, A DIVISION OF PNC BANK, NATIONAL ASSOCIATION, Special Servicer, SITUS HOLDINGS, LLC,...Pooling and Servicing Agreement • July 17th, 2015 • Citigroup Commercial Mortgage Trust 2015-Gc29 • Asset-backed securities • New York
Exhibit A-1 Form of Class A-1 Certificate Exhibit A-2 Form of Class A-2 Certificate Exhibit A-3 Form of Class A-3 Certificate Exhibit A-4 Form of Class A-4 Certificate Exhibit A-5 Form of Class A-AB Certificate Exhibit A-6 Form of Class X-A Certificate Exhibit A-7 Form of Class X-B Certificate Exhibit A-8 Form of Class A-S Certificate Exhibit A-9 Form of Class B Certificate Exhibit A-10 Form of Class PEZ Certificate Exhibit A-11 Form of Class C Certificate Exhibit A-12 Form of Class D Certificate Exhibit A-13 Form of Class X-D Certificate Exhibit A-14 Form of Class E Certificate Exhibit A-15 Form of Class F Certificate Exhibit A-16 Form of Class G Certificate Exhibit A-17 Form of Class H Certificate Exhibit A-18 Form of Class R Certificate Exhibit A-19 Form of Class S Certificate Exhibit B Mortgage Loan Schedule Exhibit C Form of Request for Release Exhibit D Form of Distribution Date Statement Exhibit E Form of Transfer Certificate for Rule 144A Global Certificate to Temporary Regulat
CITIGROUP COMMERCIAL MORTGAGE SECURITIES INC., PURCHASER and RIALTO MORTGAGE FINANCE, LLC, SELLER MORTGAGE LOAN PURCHASE AGREEMENT Dated as of April 1, 2015 Series 2015-GC29Mortgage Loan Purchase Agreement • April 15th, 2015 • Citigroup Commercial Mortgage Trust 2015-Gc29 • Asset-backed securities • New York
Representation Mortgage Loan Description of Exception (24) Local Law Compliance Stone Manor (Loan No. 10) The Mortgaged Property is legal nonconforming due to setbacks and density, and there is no rebuild clause in the zoning ordinance. The Mortgagor has covenanted to use commercially reasonable efforts to obtain a rezoning in order to bring the Mortgaged Property into conformance. (24) Local Law Compliance Fall River Apartments Portfolio (Loan No. 42) The Mortgaged Properties are legal nonconforming as to use and parking. Multifamily use requires a special use approval however, the Mortgaged Properties are considered legal nonconforming due to age of the projects. In the event of a casualty that damages more than 50% of the legal nonconforming structure’s market value, the Mortgagor will be required to rebuild in strict conformity with the applicable zoning code and the current use will not be permitted. The legal nonconforming structure can be reconstructed to its current use followi
CITIGROUP COMMERCIAL MORTGAGE SECURITIES INC., PURCHASER and GOLDMAN SACHS MORTGAGE COMPANY, SELLER MORTGAGE LOAN PURCHASE AGREEMENT Dated as of April 1, 2015 Series 2015-GC29Mortgage Loan Purchase Agreement • April 15th, 2015 • Citigroup Commercial Mortgage Trust 2015-Gc29 • Asset-backed securities • New York
Representation Mortgage Loan Description of Exception (16) Insurance Apollo Education Group Headquarters (Loan No. 4) All policies may be issued by one or more insurers having a rating of at least “A” by S&P and “A2” by Moody’s (or, if Moody’s does not rate such insurer, at least “A:VIII” by AM Best), or by a syndicate of insurers through which at least 75% of the coverage (if there are 4 or fewer members of the syndicate) or at least 60% of the coverage (if there are 5 or more members of the syndicate) is with insurers having such ratings (provided that the first layers of coverage are from insurers rated at least “A” by S&P and “A2” by Moody’s (or, if Moody’s does not rate such insurer, at least “A:VIII” by AM Best), and all such insurers are required to have ratings of not less than “BBB+” by S&P and “Baa1” by Moody’s (or, if Moody’s does not rate such insurer, at least “A:VIII” by AM Best)). The original principal balance of the Mortgage Loan is in excess of $50 million, but busine
