Common Contracts
8 similar Mortgage Loan Purchase Agreement contracts by Citigroup Commercial Mortgage Trust 2012-Gc8, Citigroup Commercial Mortgage Trust 2016-P5, Benchmark 2019-B9 Mortgage Trust, others
CITIGROUP COMMERCIAL MORTGAGE SECURITIES INC., PURCHASER, and German American Capital Corporation, SELLER MORTGAGE LOAN PURCHASE AGREEMENT Dated as of February 1, 2019 Benchmark 2019-B9 Mortgage Trust Commercial Mortgage Pass- Through Certificates,...Mortgage Loan Purchase Agreement • February 14th, 2019 • Benchmark 2019-B9 Mortgage Trust • Asset-backed securities • New York
CITIGROUP COMMERCIAL MORTGAGE SECURITIES INC., PURCHASER and BARCLAYS BANK PLC, SELLER MORTGAGE LOAN PURCHASE AGREEMENT Dated as of November 1, 2016Mortgage Loan Purchase Agreement • November 17th, 2016 • Citigroup Commercial Mortgage Trust 2016-C3 • Asset-backed securities • New York
Moody’s, Fitch and DBRS to the extent each such rating agency rates the insurance company and is rating the securities secured by the related Mortgage Loan). The Mortgage Loan documents permit “all risk” or “special perils” insurance providing for no deductible in excess of $500,000 or such higher deductible if the Mortgagor provides the Mortgagee with cash or a letter of credit in an amount equal to the difference between the actual deductible and $500,000. In the event the sponsor of the related Mortgagor does not own, in the aggregate, at least 20% of the direct or indirect interests in the Mortgagor or does not control Mortgagor (a “Control Event”), the insurance coverage may require a deductible of no greater than $100,000. Deductibles for earthquake and windstorm insurance may not be in excess of $500,000, if no Control Event has occurred, or $100,000 if a Control Event has occurred, and such deductibles may not be greater than 5% of the location insurable values. If the Mortgage
CITIGROUP COMMERCIAL MORTGAGE SECURITIES INC., PURCHASER and Starwood Mortgage Funding V LLC, SELLER MORTGAGE LOAN PURCHASE AGREEMENT Dated as of October 1, 2016 Citigroup Commercial Mortgage Trust 2016-P5, Commercial Mortgage Pass- Through...Mortgage Loan Purchase Agreement • October 27th, 2016 • Citigroup Commercial Mortgage Trust 2016-P5 • Asset-backed securities • New York
Underlying Lease without the consent of the lessor thereunder (which consent shall not be unreasonably withheld). Note that Mortgagor is permitted to sublease its interest in the Leasehold Premises to Regal (and its successor and/or assigns). If the Regal Lease expires or is terminated for any reason (other than a default thereunder by Mortgagor solely relating to the Crocker Portion), Mortgagor shall have the option to terminate the Underlying Lease (which option may only be exercised with the lender’s consent). 34(j): The Underlying Lease lessor is obligated to restore the Leasehold Premises in the event of a casualty or condemnation (provided the Underlying Lease is not terminated in connection with the applicable casualty). In connection with said restoration, the loss proceeds must be held by an insurance trustee satisfying certain ratings requirements. For so long as the lessor’s fee mortgagee meets said ratings requirements, it will be designated as the insurance/condemnation tr
CITIGROUP COMMERCIAL MORTGAGE SECURITIES INC., PURCHASER and Starwood Mortgage Funding V LLC, SELLER MORTGAGE LOAN PURCHASE AGREEMENT Dated as of October 1, 2016 Citigroup Commercial Mortgage Trust 2016-P5, Commercial Mortgage Pass- Through...Mortgage Loan Purchase Agreement • October 18th, 2016 • Citigroup Commercial Mortgage Trust 2016-P5 • Asset-backed securities • New York
Underlying Lease without the consent of the lessor thereunder (which consent shall not be unreasonably withheld). Note that Mortgagor is permitted to sublease its interest in the Leasehold Premises to Regal (and its successor and/or assigns). If the Regal Lease expires or is terminated for any reason (other than a default thereunder by Mortgagor solely relating to the Crocker Portion), Mortgagor shall have the option to terminate the Underlying Lease (which option may only be exercised with the lender’s consent). 34(j): The Underlying Lease lessor is obligated to restore the Leasehold Premises in the event of a casualty or condemnation (provided the Underlying Lease is not terminated in connection with the applicable casualty). In connection with said restoration, the loss proceeds must be held by an insurance trustee satisfying certain ratings requirements. For so long as the lessor’s fee mortgagee meets said ratings requirements, it will be designated as the insurance/condemnation tr
CITIGROUP COMMERCIAL MORTGAGE SECURITIES INC., PURCHASER and REDWOOD COMMERCIAL MORTGAGE CORPORATION, SELLER MORTGAGE LOAN PURCHASE AGREEMENT Dated as of August 1, 2014 Series 2014-GC23Mortgage Loan Purchase Agreement • August 7th, 2014 • Citigroup Commercial Mortgage Trust 2014-Gc23 • 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., PURCHASER and RAIT FUNDING, LLC, SELLER MORTGAGE LOAN PURCHASE AGREEMENT Dated as of May 1, 2014 Series 2014-GC21Mortgage Loan Purchase Agreement • May 22nd, 2014 • Citigroup Commercial Mortgage Trust 2014-Gc21 • Asset-backed securities • New York
Representation Mortgage Loan Description of Exception (7) Junior Liens University Square (Loan No. 8) As of the Cut-off Date, there exists a subordinate mortgage in favor of the City of Madison, a Wisconsin municipal corporation (the “Junior Lender”), which, pursuant to a certain Tax Incremental Financing Loan Agreement dated as of April 28, 2008 (the “TIF Loan Agreement”), secures the payment of (i) a loan in the original principal amount of $3,000,000, evidenced by a promissory note given under the TIF Loan Agreement (the “Junior Loan”), and (ii) an equity participation payment obligation of $3,000,000 (the “Equity Participation” and collectively with the Junior Loan, the “Junior Debt”). At origination, the lender entered into a subordination and standstill agreement with the Junior Lender, which provides that (i) Junior Lender shall not accept or receive payments (including, without limitation, whether in cash or other property and whether received directly, indirectly or by set-off
CITIGROUP COMMERCIAL MORTGAGE SECURITIES INC., PURCHASER and NATIXIS REAL ESTATE CAPITAL LLC, SELLER MORTGAGE LOAN PURCHASE AGREEMENT Dated as of September 1, 2012 Series 2012-GC8Mortgage Loan Purchase Agreement • October 1st, 2012 • Citigroup Commercial Mortgage Trust 2012-Gc8 • 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., PURCHASER and NATIXIS REAL ESTATE CAPITAL LLC, SELLER MORTGAGE LOAN PURCHASE AGREEMENT Dated as of September 1, 2012 Series 2012-GC8Mortgage Loan Purchase Agreement • September 24th, 2012 • Citigroup Commercial Mortgage Trust 2012-Gc8 • 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.
