Common Contracts

23 similar Mortgage Loan Purchase Agreement contracts by GS Mortgage Securities Trust 2012-Gcj9, GS Mortgage Securities Trust 2013-Gcj14, J.P. Morgan Chase Commercial Mortgage Securities Trust 2013-C13, others

CREDIT SUISSE COMMERCIAL MORTGAGE SECURITIES CORP., PURCHASER and SOCIETE GENERALE FINANCIAL CORPORATION, SELLER MORTGAGE LOAN PURCHASE AGREEMENT Dated as of June 18, 2019 Series 2019-C16
Mortgage Loan Purchase Agreement • June 27th, 2019 • CSAIL 2019-C16 Commercial Mortgage Trust • Asset-backed securities • New York

Loan and the related companion loan(s). Pursuant to the applicable intercreditor agreement, the pari passu companion loans, if any, are pari passu to the applicable Mortgage Loan in right of payment and the subordinate companion loans, if any, are subordinate to the Mortgage Loan in right of payment.

AutoNDA by SimpleDocs
CITIGROUP COMMERCIAL MORTGAGE SECURITIES INC., PURCHASER and FCRE REL, LLC, SELLER MORTGAGE LOAN PURCHASE AGREEMENT Dated as of December 1, 2015 Series 2015-GC35
Mortgage Loan Purchase Agreement • December 8th, 2015 • Citigroup Commercial Mortgage Trust 2015-Gc35 • Asset-backed securities • New York
CREDIT SUISSE FIRST BOSTON MORTGAGE SECURITIES CORP., PURCHASER WALKER & DUNLOP COMMERCIAL PROPERTY FUNDING I CS, LLC, SELLER and WALKER & DUNLOP COMMERCIAL PROPERTY FUNDING, LLC MORTGAGE LOAN PURCHASE AGREEMENT Dated as of November 1, 2015 Series 2015-C4
Mortgage Loan Purchase Agreement • November 25th, 2015 • CSAIL 2015-C4 Commercial Mortgage Trust • Asset-backed securities • New York

regulatory closure. The Mortgagor obtained an environmental insurance policy for the benefit of the lender from Lloyd’s Syndicates with a limit of $2 million per incident and, in the aggregate, a deductible of $50,000 and a term of ten years with an optional extension period of three years. In addition, a reserve in the amount of $300,000 was funded at origination of the Mortgage Loan.

GS MORTGAGE SECURITIES CORPORATION II, PURCHASER and CITIGROUP GLOBAL MARKETS REALTY CORP., SELLER MORTGAGE LOAN PURCHASE AGREEMENT Dated as of October 1, 2015 Series 2015-GC34
Mortgage Loan Purchase Agreement • October 23rd, 2015 • GS Mortgage Securities Trust 2015-Gc34 • Asset-backed securities • New York
CITIGROUP COMMERCIAL MORTGAGE SECURITIES INC.,
Mortgage Loan Purchase Agreement • February 9th, 2015 • Citigroup Commercial Mortgage Trust 2015-Gc27 • 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.

PURCHASER, and BARCLAYS BANK PLC, SELLER MORTGAGE LOAN PURCHASE AGREEMENT Dated as of December 29, 2014 Fixed Rate Mortgage Loans Series 2014-C26
Mortgage Loan Purchase Agreement • December 29th, 2014 • JPMBB Commercial Mortgage Securities Trust 2014-C26 • Asset-backed securities • New York

Rep. No. on Exhibit B Mortgage Loan and Number as Identified on Exhibit A Description of Exception 18 Dedham Place (Loan No. 23) and Walden Park Shopping Center (Loan No. 50) (Insurance) - Business interruption insurance is required for a period continuing until the restoration of the Mortgaged Property is completed or the expiration of 12 months, whichever occurs first. 18 Staybridge Suites Savannah Historic District (Loan No. 33) (Insurance) - The threshold for the lender holding insurance proceeds is 5% of the original principal balance of the Mortgage Loan rather than the then-outstanding principal balance of the Mortgage Loan. Business interruption insurance is required for a period continuing until the restoration of the Mortgaged Property is completed or the expiration of 12 months, whichever occurs first. 27 Belford Towers Apartments (Loan No. 16) (Licenses and Permits) - The certificate of occupancy for the Mortgaged Property is not in the name of the Mortgagor due to a ch

J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP.,
Mortgage Loan Purchase Agreement • August 22nd, 2014 • JPMBB Commercial Mortgage Securities Trust 2014-C22 • Asset-backed securities • New York

Rep. No. on Exhibit B Mortgage Loan and Number as Identified on Exhibit A Description of Exception less than “BBB-”. CVS has elected to self-insure. Its parent currently has an unsecured debt rating from S & P of “BBB+” and a stated net worth in excess of $30 billion. During the loan term, tenant does not have any right to terminate the lease or abate rent following casualty. 28 One Met Center (Loan No. 2) (Recourse Obligations) – Phase I environmental site assessment (ESA) identified historic recognized environmental condition (HREC) associated with the pre-existing landfill area on a portion of the property where certain contaminants were detected above state regulatory thresholds. The fill area is beneath paved and landscaped areas and there are no open regulatory cases associated with the site. In lieu of an environmental carve-out from the guarantors, an environmental insurance policy (Lender Environmental Collateral Protection and Liability Insurance form) was obtained in the

J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP.,
Mortgage Loan Purchase Agreement • June 23rd, 2014 • J.P. Morgan Chase Commercial Mortgage Securities Trust 2014-C20 • Asset-backed securities • New York

Rep. No. on Annex D-1 Mortgage Loan and Number as Identified on Annex A-1 Description of Exception referred to in the loan agreement. Law and ordinance insurance was obtained at the origination of the Mortgage Loan. 26 The GATE at Aberdeen Proving Ground (No. 21) (Local Law Compliance) – The Mortgaged Property is part of a larger development that is not subject to any municipal zoning ordinance. Instead, the development is governed by the Aberdeen Proving Ground Installation Design Guide and the U.S. Department of Defense Minimum Antiterrorism Standards for Buildings (the “Governing Documents”). Therefore, neither a zoning report nor an endorsement to the Title Policy was received at origination of the mortgage loan. On the survey, the surveyor listed the maximum height allowed under the Governing Documents, the height of the existing building and plotted any applicable setbacks. Certificates of Occupancy were also received for each of the tenant spaces. 26 Comfort Inn Escondido

J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP., PURCHASER, and REDWOOD COMMERCIAL MORTGAGE CORPORATION, SELLER and REDWOOD TRUST, INC. MORTGAGE LOAN PURCHASE AGREEMENT Dated as of February 28, 2014 Fixed Rate Mortgage Loans Series 2014-C18
Mortgage Loan Purchase Agreement • February 28th, 2014 • JPMBB Commercial Mortgage Securities Trust 2014-C18 • Asset-backed securities • New York

Rep. No. on Exhibit B Mortgage Loan and Number as Identified on Exhibit A Description of Exception property is included in the same tax parcel as the Mortgaged Property and is controlled by an affiliate of the Borrower. The Mortgaged Property and the portion of the shopping center that is not collateral for the Mortgage Loan are taxed together, including with respect to additional service charges, pledged service charges and unpledged service charges which are payable pursuant to the PILOT agreement. Until the Mortgaged Property is separately assessed, (i) the Mortgagor is required to pay all taxes and charges pursuant to the PILOT agreement related to the Mortgaged Property and the portion of the shopping center that is not collateral for the Mortgage Loan and (ii) the loan documents provide for recourse to the Guarantor for losses to the extent of any default of the Borrower’s obligations pursuant to the PILOT agreement. 33 Miller Place Shopping Center (Loan No. 12) (Single-Purpo

J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP.,
Mortgage Loan Purchase Agreement • February 28th, 2014 • JPMBB Commercial Mortgage Securities Trust 2014-C18 • Asset-backed securities • New York
J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP., PURCHASER, and RAIT FUNDING, LLC, SELLER MORTGAGE LOAN PURCHASE AGREEMENT Dated as of December 30, 2013 Fixed Rate Mortgage Loans Series 2013-C17
Mortgage Loan Purchase Agreement • December 30th, 2013 • JPMBB Commercial Mortgage Securities Trust 2013-C17 • Asset-backed securities • New York

RAIT Funding, LLC Rep. No. on Exhibit B Mortgage Loan and Number as Identified on Exhibit A Description of Exception the landlord for a period of 30 days after the landlord provides the tenant with written notice of its intention to sell and the terms of sale. The lease further provides that in the event landlord and tenant fail to agree to the sale and purchase within that period, or an extension period agreed to in writing, the tenant’s exclusive right to purchase will terminate. The lease also provides that if the landlord receives a bona fide offer of purchase, the landlord agrees to give the tenant the right to purchase the Mortgaged Property on terms and conditions identical to those offered and accepted by the landlord. The tenant has agreed the lease and the rights of the tenant, including without limitation its right of first refusal to purchase the property, shall be subject and subordinate to the mortgage. However, the above-described rights may apply to any subsequent sale

CITIGROUP COMMERCIAL MORTGAGE SECURITIES INC., PURCHASER and GOLDMAN SACHS MORTGAGE COMPANY, SELLER MORTGAGE LOAN PURCHASE AGREEMENT Dated as of September 1, 2013 Series 2013-GC15
Mortgage Loan Purchase Agreement • September 30th, 2013 • Citigroup Commercial Mortgage Trust 2013-Gc15 • Asset-backed securities • New York

Representation Mortgage Loan Description of Exception (16) Insurance NorthSteppe Realty 1 (No. 23); NorthSteppe Realty 2 (No. 95) All policies of insurance may be issued 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 ratings of at least “A” by S&P and “A2” by Moody’s, if Moody’s rates such insurer (provided that the first layers of coverage are from insurers rated at least “A” by S&P and “A2” by Moody’s, if Moody’s rates such insurer, and all such insurers shall have ratings of not less than “BBB+” by S&P and “Baa1” by Moody’s, if Moody’s rates such insurer). In addition, the Mortgagor may utilize Westfield Insurance Company, which currently has a claims paying ability rating of “Api” by S&P and “A XIV” by A.M. Best, as the provider of insurance, provided, if the credit rating of Westfield Insurance Company f

GS MORTGAGE SECURITIES CORPORATION II, PURCHASER and MC-FIVE MILE COMMERCIAL MORTGAGE FINANCE LLC, SELLER MORTGAGE LOAN PURCHASE AGREEMENT Dated as of August 1, 2013 Series 2013-GCJ14
Mortgage Loan Purchase Agreement • August 26th, 2013 • GS Mortgage Securities Trust 2013-Gcj14 • Asset-backed securities • New York

Representation Number on Exhibit B Mortgage Loan Name and Number as Identified on Annex A Description of Exception (30) Due on Sale or Encumbrance Cranberry Woods Office Park (No. 4) Although the Sponsor does not believe that the owner of the fee interest in the Mortgaged Property is a “Mortgagor” as such term is defined in the Pooling and Servicing Agreement, to the extent that such owner is deemed to be a Mortgagor for purposes of this representation, it should be noted that transfers of interests in the owner of the fee interest are not prohibited, and the owner of the fee interest is not responsible for payment of any Rating Agency fees or fees and expenses incurred by the Mortgagee in connection with any transfer or encumbrance described in the due on sale provision of the Loan Agreement. (31) Single-Purpose Entity Cranberry Woods Office Park (No. 4) Although the Sponsor does not believe that the owner of the fee interest in the Mortgaged Property is a “Mortgagor” as such term i

GS MORTGAGE SECURITIES CORPORATION II, PURCHASER and CITIGROUP GLOBAL MARKETS REALTY CORP., SELLER MORTGAGE LOAN PURCHASE AGREEMENT Dated as of August 1, 2013 Series 2013-GCJ14
Mortgage Loan Purchase Agreement • August 26th, 2013 • GS Mortgage Securities Trust 2013-Gcj14 • Asset-backed securities • New York

the Mortgaged Property. The applicable tenants occupy approximately 15.57% of the rentable square footage of the Mortgaged Property. As of August 5, 2013, Mortgagor had not provided such evidence.

J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP.,
Mortgage Loan Purchase Agreement • July 17th, 2013 • J.P. Morgan Chase Commercial Mortgage Securities Trust 2013-C13 • Asset-backed securities • New York

there is no separate carveout specific to security deposits not being delivered to lender upon foreclosure or action in lieu thereof. 28 94 Hundred Shea (Loan No. 25) (Recourse Obligations) - There is a carveout for misapplication or misappropriation of security deposits, but there is no separate carveout specific to security deposits not being delivered to lender upon foreclosure or action in lieu thereof. 28 Plantation Storage Portfolio (Loan No. 31) (Recourse Obligations) - There is a carveout for misapplication or misappropriation of security deposits, but there is no separate carveout specific to security deposits not being delivered to lender upon foreclosure or action in lieu thereof. 28 Wedgewood Lofts Apartments (Loan No. 41) (Recourse Obligations) - There is a carveout for misapplication or misappropriation of security deposits, but there is no separate carveout specific to security deposits not being delivered to lender upon foreclosure or action in lieu thereof. 29 94

J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP.,
Mortgage Loan Purchase Agreement • July 11th, 2013 • J.P. Morgan Chase Commercial Mortgage Securities Trust 2013-C13 • Asset-backed securities • New York

there is no separate carveout specific to security deposits not being delivered to lender upon foreclosure or action in lieu thereof. 28 94 Hundred Shea (Loan No. 25) (Recourse Obligations) - There is a carveout for misapplication or misappropriation of security deposits, but there is no separate carveout specific to security deposits not being delivered to lender upon foreclosure or action in lieu thereof. 28 Plantation Storage Portfolio (Loan No. 31) (Recourse Obligations) - There is a carveout for misapplication or misappropriation of security deposits, but there is no separate carveout specific to security deposits not being delivered to lender upon foreclosure or action in lieu thereof. 28 Wedgewood Lofts Apartments (Loan No. 41) (Recourse Obligations) - There is a carveout for misapplication or misappropriation of security deposits, but there is no separate carveout specific to security deposits not being delivered to lender upon foreclosure or action in lieu thereof. 29 94

GS MORTGAGE SECURITIES CORPORATION II, PURCHASER and JEFFERIES LOANCORE LLC, SELLER MORTGAGE LOAN PURCHASE AGREEMENT Dated as of November 1, 2012 Series 2012-GCJ9
Mortgage Loan Purchase Agreement • November 29th, 2012 • GS Mortgage Securities Trust 2012-Gcj9 • Asset-backed securities • New York

JEFFERIES LOANCORE LLC (“Seller”) hereby certifies as follows: 1. All of the representations and warranties (except as set forth on Exhibit C) of the Seller under the Mortgage Loan Purchase Agreement, dated as of November 1, 2012 (the “Agreement”), between GS Mortgage Securities Corporation II and Seller, are true and correct in all material respects on and as of the date hereof (or as of such other date as of which such representation is made under the terms of Exhibit B to the Agreement) with the same force and effect as if made on and as of the date hereof (or as of such other date as of which such representation is made under the terms of Exhibit B to the Agreement). 2. The Seller has complied in all material respects with all the covenants and satisfied all the conditions on its part to be performed or satisfied under the Agreement on or prior to the date hereof, and no event has occurred which would constitute a default on the part of the Seller under the Agreement. 3. Neither th

AutoNDA by SimpleDocs
GS MORTGAGE SECURITIES CORPORATION II, PURCHASER and JEFFERIES LOANCORE LLC, SELLER MORTGAGE LOAN PURCHASE AGREEMENT Dated as of November 1, 2012 Series 2012-GCJ9
Mortgage Loan Purchase Agreement • November 27th, 2012 • GS Mortgage Securities Trust 2012-Gcj9 • Asset-backed securities • New York

JEFFERIES LOANCORE LLC (“Seller”) hereby certifies as follows: 1. All of the representations and warranties (except as set forth on Exhibit C) of the Seller under the Mortgage Loan Purchase Agreement, dated as of November 1, 2012 (the “Agreement”), between GS Mortgage Securities Corporation II and Seller, are true and correct in all material respects on and as of the date hereof (or as of such other date as of which such representation is made under the terms of Exhibit B to the Agreement) with the same force and effect as if made on and as of the date hereof (or as of such other date as of which such representation is made under the terms of Exhibit B to the Agreement). 2. The Seller has complied in all material respects with all the covenants and satisfied all the conditions on its part to be performed or satisfied under the Agreement on or prior to the date hereof, and no event has occurred which would constitute a default on the part of the Seller under the Agreement. 3. Neither th

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