Common Contracts
2 similar Mortgage Loan Purchase Agreement contracts by GS Mortgage Securities Trust 2012-Gcj7
GS MORTGAGE SECURITIES CORPORATION II,Mortgage Loan Purchase Agreement • July 23rd, 2012 • GS Mortgage Securities Trust 2012-Gcj7 • Asset-backed securities • New York
property is repaired or replaced and operations are resumed (regardless of the length of time), plus an additional three months. The Mortgage Loan documents provide that the Mortgagee has the right to hold and disburse proceeds in excess of 5% of the Mortgage Loan amount, not the then outstanding principal amount of the loan. (16) Insurance Leetsdale Industrial Park (No. 5) Instead of covering a period of 18 months, business interruption or rental loss insurance coverage is required to cover a period of 12 months. Lender accepts the carrier providing the workers compensation and employers liability coverage for so long as they maintain a rating of A VIII from AM Best. In the event the rating of such carrier is withdrawn or downgraded below the date hereof, Borrower will promptly notify lender and replace the carrier with a carrier meeting the rating requirements set forth in the loan agreement. (16) Insurance The Outlet Shoppes at Oklahoma City (No. 6) The Mortgage Loan documents pe
GS MORTGAGE SECURITIES CORPORATION II,Mortgage Loan Purchase Agreement • June 5th, 2012 • GS Mortgage Securities Trust 2012-Gcj7 • Asset-backed securities • New York
property is repaired or replaced and operations are resumed (regardless of the length of time), plus an additional three months. The Mortgage Loan documents provide that the Mortgagee has the right to hold and disburse proceeds in excess of 5% of the Mortgage Loan amount, not the then outstanding principal amount of the loan. (16) Insurance Leetsdale Industrial Park (No. 5) Instead of covering a period of 18 months, business interruption or rental loss insurance coverage is required to cover a period of 12 months. Lender accepts the carrier providing the workers compensation and employers liability coverage for so long as they maintain a rating of A VIII from AM Best. In the event the rating of such carrier is withdrawn or downgraded below the date hereof, Borrower will promptly notify lender and replace the carrier with a carrier meeting the rating requirements set forth in the loan agreement. (16) Insurance The Outlet Shoppes at Oklahoma City (No. 6) The Mortgage Loan documents pe
