Common Contracts
27 similar Mortgage Loan Purchase Agreement contracts by GS Mortgage Securities Trust 2015-Gc30, GS Mortgage Securities Trust 2012-Gcj9, GS Mortgage Securities Trust 2013-Gc10, others
CITIGROUP COMMERCIAL MORTGAGE SECURITIES INC., PURCHASER and BARCLAYS BANK PLC, SELLER MORTGAGE LOAN PURCHASE AGREEMENT Dated as of September 1, 2017 Citigroup Commercial Mortgage Trust 2017-P8 Commercial Mortgage Pass-Through Certificates, Series 2017-P8Mortgage Loan Purchase Agreement • September 29th, 2017 • Citigroup Commercial Mortgage Trust 2017-P8 • Asset-backed securities • New York
in the Mortgaged Property. Such right of first offer has been subordinated to the Mortgage Loan pursuant to the terms of the comfort letter.
CREDIT SUISSE COMMERCIAL MORTGAGE SECURITIES CORP., PURCHASER And Natixis Real Estate Capital LLC, SELLER MORTGAGE LOAN PURCHASE AGREEMENT Dated as of December 1, 2016 Series 2016-NXSRMortgage Loan Purchase Agreement • December 22nd, 2016 • CSMC 2016-NXSR Commercial Mortgage Trust • Asset-backed securities • New York
Mortgage Loan documents). The amount of these deductibles may be considered higher than customary. The Mortgage Loan documents permit insurance through a syndicate of insurers, provided that at least seventy-five percent (75%) of the coverage (if there are four (4) or fewer members of the syndicate) or at least sixty percent (60%) of the coverage (if there are five (5) or more members of the syndicate) is with carriers having a claims paying ability rating of “A” or better by S&P, and the balance of the coverage is, in each case, provided by insurers with a claims paying ability rating of “BBB” or better by S&P. If certain reciprocal easement agreements or major leases contain provisions requiring restoration, the lender is required to make proceeds available to the related Mortgagor for restoration, even if the conditions to restoration in the related Mortgage Loan documents have not been satisfied.
J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP., PURCHASER, and STARWOOD MORTGAGE FUNDING VI LLC, SELLER and STARWOOD MORTGAGE CAPITAL LLC MORTGAGE LOAN PURCHASE AGREEMENT Dated as of September 30, 2016 Fixed Rate Mortgage Loans Series 2016-JP3Mortgage Loan Purchase Agreement • September 30th, 2016 • JPMCC Commercial Mortgage Securities Trust 2016-Jp3 • Asset-backed securities • New York
Reference is hereby made to that certain Pooling and Servicing Agreement, dated September 1, 2016, and that certain Mortgage Loan Purchase Agreement, dated September 30, 2016. In accordance with Section 5(j) of the Mortgage Loan Purchase Agreement, the Seller hereby certifies to the Depositor, the Master Servicer, the Certificate Administrator, the Special Servicer, the Trustee, the Operating Advisor and the Asset Representations Reviewer, as follows:
CREDIT SUISSE COMMERCIAL MORTGAGE SECURITIES CORP., PURCHASER and SILVERPEAK REAL ESTATE FINANCE LLC, SELLER MORTGAGE LOAN PURCHASE AGREEMENT Dated as of February 1, 2016 Series 2016-C5Mortgage Loan Purchase Agreement • March 2nd, 2016 • Credit Suisse Commercial Mortgage Securities Corp. • Asset-backed securities • New York
has the right, following an event of default under the preferred equity agreement, to force the sale of any or all of the related Mortgaged Properties, subject to the terms of the related Mortgage Loan documents regarding property releases and prepayments. The preferred equity interest is cross-defaulted with the related mezzanine loans, such that an event of default under the mezzanine loans is an event of default under the preferred equity agreement. The preferred equity interest will be payable only out of excess cash flow. In addition, the holder of the preferred equity interest has consent rights over certain decisions including any sale or refinancing of any Mortgaged Property, the adoption of an annual budget and prepayment of the Mortgage Loan.
CITIGROUP COMMERCIAL MORTGAGE SECURITIES INC., PURCHASER and Citigroup Global Markets Realty Corp., SELLER MORTGAGE LOAN PURCHASE AGREEMENT Dated as of February 1, 2016 Series 2016-GC36Mortgage Loan Purchase Agreement • February 18th, 2016 • Citigroup Commercial Mortgage Trust 2016-Gc36 • Asset-backed securities • New York
This Mortgage Loan Purchase Agreement (“Agreement”), dated as of February 1, 2016, is between Citigroup Commercial Mortgage Securities Inc., a Delaware corporation, as purchaser (the “Purchaser”), and Citigroup Global Markets Realty Corp., a New York corporation, as seller (the “Seller”).
CREDIT SUISSE COMMERCIAL MORTGAGE SECURITIES CORP., PURCHASER and SILVERPEAK REAL ESTATE FINANCE LLC, SELLER MORTGAGE LOAN PURCHASE AGREEMENT Dated as of February 1, 2016 Series 2016-C5Mortgage Loan Purchase Agreement • February 9th, 2016 • CSAIL 2016-C5 Commercial Mortgage Trust • Asset-backed securities • New York
has the right, following an event of default under the preferred equity agreement, to force the sale of any or all of the related Mortgaged Properties, subject to the terms of the related Mortgage Loan documents regarding property releases and prepayments. The preferred equity interest is cross-defaulted with the related mezzanine loans, such that an event of default under the mezzanine loans is an event of default under the preferred equity agreement. The preferred equity interest will be payable only out of excess cash flow. In addition, the holder of the preferred equity interest has consent rights over certain decisions including any sale or refinancing of any Mortgaged Property, the adoption of an annual budget and prepayment of the Mortgage Loan.
CITIGROUP COMMERCIAL MORTGAGE SECURITIES INC., PURCHASER and RIALTO MORTGAGE FINANCE, LLC, SELLER MORTGAGE LOAN PURCHASE AGREEMENT Dated as of December 1, 2015 Series 2015-GC35Mortgage Loan Purchase Agreement • December 8th, 2015 • Citigroup Commercial Mortgage Trust 2015-Gc35 • Asset-backed securities • New York
present or future use of proximate properties. To the extent of a casualty in excess of 75% of the Mortgaged Property’s replacement cost at time of damage, the Mortgagor will be required to rebuild in strict conformity with the applicable zoning code and the current use will not be permitted. With respect to the Mortgaged Property identified on Annex A as North Star, the existing manufactured housing community is a legal, pre-existing nonconforming use. In the event a casualty affecting less than 60% of its reproduction value at the time of the damage, the Mortgaged Property may be rebuilt to its existing use as long as such rebuild is initiated within eighteen (18) months of the casualty and completed within two (2) years of such casualty. To the extent the Mortgaged Property is not rebuilt within this timeframe, the city council may also grant a one-year conditional extension provided efforts to complete the work are underway. To the extent that the casualty affects 60% or more of th
CREDIT SUISSE FIRST BOSTON MORTGAGE SECURITIES CORP., PURCHASER and MC-FIVE MILE COMMERCIAL MORTGAGE FINANCE LLC, SELLER MORTGAGE LOAN PURCHASE AGREEMENT Dated as of November 1, 2015 Series 2015-C4Mortgage Loan Purchase Agreement • November 25th, 2015 • CSAIL 2015-C4 Commercial Mortgage Trust • Asset-backed securities • New York
for the same use in compliance with all applicable legal requirements and in substantially the same area, size, and dimensions as existing as of the closing of the Mortgage Loan. The Mortgage Loan Documents additionally provide that the lender is not obligated to make the net insurance proceeds available to the Mortgagor (and may use the proceeds to pay down the Mortgage Loan) if, among other things, the Mortgaged Property cannot be rebuilt for the same use in compliance with all applicable legal requirements and in substantially the same area, size, and dimensions as existing as of the closing of the Mortgage Loan.
CREDIT SUISSE FIRST BOSTON MORTGAGE SECURITIES CORP., PURCHASER and THE BANCORP BANK, SELLER MORTGAGE LOAN PURCHASE AGREEMENT Dated as of August 1, 2015 Series 2015-C3Mortgage Loan Purchase Agreement • August 18th, 2015 • CSAIL 2015-C3 Commercial Mortgage Trust • Asset-backed securities • New York
GS MORTGAGE SECURITIES CORPORATION II, PURCHASER and STARWOOD MORTGAGE FUNDING I LLC, SELLER MORTGAGE LOAN PURCHASE AGREEMENT Dated as of July 1, 2015 Series 2015-GC32Mortgage Loan Purchase Agreement • July 31st, 2015 • GS Mortgage Securities Trust 2015-Gc32 • Asset-backed securities • New York
GS MORTGAGE SECURITIES CORPORATION II,Mortgage Loan Purchase Agreement • May 29th, 2015 • GS Mortgage Securities Trust 2015-Gc30 • Asset-backed securities • New York
Representation Number on Annex E-1 Mortgage Loan Name and Number as Identified on Annex A Description of Exception (31) Single-Purpose Entity At Home and Dollar Tree (No. 48) Prior to the purchase of the Mortgaged Property, the Mortgagor owned a 2.9 acre commercial property in Johnson City, Sullivan County, Tennessee, which was sold in 2001. The Mortgagor and the guarantor provided recourse protection for any losses associated with the prior acts of the Mortgagor including its ownership of the other commercial property. In addition, the Seller was able to review an environmental report and the purchase and sale agreement for the other property to minimize any potential contingent liabilities. (32) Defeasance Worthington Renaissance Fort Worth (No. 3) Partial Defeasance is permitted to the extent necessary for the debt yield to exceed 7.0%. (34) Ground Leases Worthington Renaissance Fort Worth (No. 3) Subsection (b) – The ground lessor has not made any such agreement, but the Mortgag
GS MORTGAGE SECURITIES CORPORATION II, PURCHASER and MC-FIVE MILE COMMERCIAL MORTGAGE FINANCE LLC, SELLER MORTGAGE LOAN PURCHASE AGREEMENT Dated as of May 1, 2015 Series 2015-GC30Mortgage Loan Purchase Agreement • May 29th, 2015 • GS Mortgage Securities Trust 2015-Gc30 • 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.
GS MORTGAGE SECURITIES CORPORATION II,Mortgage Loan Purchase Agreement • May 29th, 2015 • GS Mortgage Securities Trust 2015-Gc30 • 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.
CREDIT SUISSE FIRST BOSTON MORTGAGE SECURITIES CORP.,Mortgage Loan Purchase Agreement • March 20th, 2015 • CSAIL 2015-C1 Commercial Mortgage Trust • 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 GOLDMAN SACHS MORTGAGE COMPANY, SELLER MORTGAGE LOAN PURCHASE AGREEMENT Dated as of February 1, 2015 Series 2015-GC27Mortgage 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.
GS MORTGAGE SECURITIES CORPORATION II, PURCHASER and STARWOOD MORTGAGE FUNDING I LLC, SELLER MORTGAGE LOAN PURCHASE AGREEMENT Dated as of December 1, 2014 Series 2014-GC26Mortgage Loan Purchase Agreement • December 8th, 2014 • GS Mortgage Securities Trust 2014-Gc26 • Asset-backed securities • New York
Representation Mortgage Loan Description of Exception Chapter 11 plan that was confirmed by an order entered by the United States Bankruptcy Court for the Central District of California on June 17, 2014. The Loan Documents provide for a proceeds holdback and a liquidity reserve to be held as additional collateral for the Mortgage Loan as well as a loss carve-out to the Mortgagor and the related guarantor covering losses incurred as a result of any amendment of the approved Chapter 11 plan, conversion of the Chapter 11 proceeding or failure of the related guarantor to obtain a non-appealable final decree of the Chapter 11 proceeding. In addition, the Loan Documents provide that the Mortgage Loan will be recourse to the Mortgagor and the related guarantor until certain conditions are met, including but not limited to, the Sponsor’s receipt of a copy of a discharge order and certification that the funds on deposit with the post-confirmation trustee are sufficient to pay administrative cla
CITIGROUP COMMERCIAL MORTGAGE SECURITIES INC.,Mortgage Loan Purchase Agreement • October 24th, 2014 • Citigroup Commercial Mortgage Trust 2014-Gc25 • 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 GOLDMAN SACHS MORTGAGE COMPANY 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
syndicate) is with insurers having such ratings, and all such insurers are required to have ratings of not less than "BBB+" by S&P and "Baa1" by Moody's (if Moody’s rates such insurer and is rating the Certificates). Instead of specifically covering a period of 18 months, business interruption insurance covers up until the date the Mortgaged Property is repaired or replaced and operations are resumed (regardless of the length of time). (16) Insurance Chula Vista Center (No. 4) Other than as set forth in the paragraph below, all policies 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 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 insure
GS MORTGAGE SECURITIES CORPORATION II, PURCHASER and MC-FIVE MILE COMMERCIAL MORTGAGE FINANCE LLC, SELLER MORTGAGE LOAN PURCHASE AGREEMENT Dated as of April 1, 2014 Series 2014-GC20Mortgage Loan Purchase Agreement • April 15th, 2014 • GS Mortgage Securities Trust 2014-Gc20 • Asset-backed securities • New York
Representation Mortgage Loan Description of Exception mobile home park in accordance with all applicable legal requirements. (25) Licenses and Permits High Point Shopping Center (No. 36) Certain tenants at the Mortgaged Property have not obtained the required certificates of occupancy. The Mortgage Loan documents require that the related Mortgagor use commercially reasonable efforts to diligently pursue each tenant’s obtaining of the required certificates of occupancy. A non-recourse carveout was included relating to the failure of any tenant to obtain the required certificates of occupancy. (26) Recourse Obligations Chase Tower (No. 3) The non-recourse provisions of the Mortgage Loan provide for liability for actual losses, liabilities, costs and damages in connection with conversion, misapplication or misappropriation of security deposits, awards, or insurance payments only after an event of default. (39) Organization of Mortgagor Magnolia Farms Townhomes (No. 40) and Hillen & Bel
J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP., PURCHASER, and KEYBANK NATIONAL ASSOCIATION, SELLER MORTGAGE LOAN PURCHASE AGREEMENT Dated as of October 29, 2013 Fixed Rate Mortgage Loans Series 2013-C15Mortgage Loan Purchase Agreement • October 29th, 2013 • JPMBB Commercial Mortgage Securities Trust 2013-C15 • Asset-backed securities • New York
GS MORTGAGE SECURITIES CORPORATION II, PURCHASER and JEFFERIES LOANCORE LLC, SELLER MORTGAGE LOAN PURCHASE AGREEMENT Dated as of August 1, 2013 Series 2013-GCJ14Mortgage Loan Purchase Agreement • August 26th, 2013 • GS Mortgage Securities Trust 2013-Gcj14 • 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.
GS MORTGAGE SECURITIES CORPORATION II, PURCHASER and GOLDMAN SACHS MORTGAGE COMPANY, SELLER MORTGAGE LOAN PURCHASE AGREEMENT Dated as of August 1, 2013 Series 2013-GCJ14Mortgage 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 (16) Insurance ELS Portfolio (No. 2) All policies of insurance may be issued by a syndicate of insurers through which at least 65% of the coverage is with insurers having rating of at least “A” by S&P and “A2” by Moody’s, if Moody’s rates such insurer, with the remaining 35% of the coverage issued by one or more insurers having a rating of at least “A:X” by A.M. Best. In addition, (i) Hartford Steam Boiler is an acceptable carrier with respect to a specified portion of the coverage provided it maintains a rating of at least “A:X” by A.M. Best, (ii) Allied World Assurance Company is an acceptable carrier so long as it is rated at least “A-” by S&P, (iii) Alterra is an acceptable carrier so long as it is rated at least “A-” by S&P and (iv) First Specialty Insurance Corporation is an acceptable carrier with respect to the commercial general liability coverage provided and f
GS MORTGAGE SECURITIES CORPORATION II, PURCHASER and STARWOOD MORTGAGE FUNDING I LLC, SELLER MORTGAGE LOAN PURCHASE AGREEMENT Dated as of July 1, 2013 Series 2013-GC13Mortgage Loan Purchase Agreement • July 31st, 2013 • GS Mortgage Securities Trust 2013-Gc13 • Asset-backed securities • New York
Representation Number on Annex E-1 Mortgage Loan Name and Number as Identified on Annex A Description of Exception (27) Mortgage Releases Rockwall Commons Apartments (No. 11) Rockwall Commons Office (No. 12) The Mortgage Loans are cross-collateralized and cross-defaulted with one another pursuant to a Cross-Default, Cross-Collateralization and Contribution Agreement (the “Cross Agreement”), which Cross Agreement is included in each of the related Mortgage Files. In connection with the sale of either Mortgaged Property and the defeasance or assumption of the applicable Mortgage Loan the Cross Agreement contains certain release provisions which require the following conditions, among others, to be satisfied with respect to the Rockwall Commons Office Mortgage Loan: (i) a minimum debt yield of eleven percent (11%) , as determined by the lender in its sole and absolute discretion, (ii) a maximum loan-to-value ratio of seventy percent (70%) based upon a new appraisal obtained at the time o
GS MORTGAGE SECURITIES CORPORATION II, PURCHASER and ARCHETYPE MORTGAGE FUNDING I LLC, SELLER MORTGAGE LOAN PURCHASE AGREEMENT Dated as of February 1, 2013 Series 2013-GC10Mortgage Loan Purchase Agreement • February 7th, 2013 • GS Mortgage Securities Trust 2013-Gc10 • 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.
GS MORTGAGE SECURITIES CORPORATION II, PURCHASER and ARCHETYPE MORTGAGE FUNDING I LLC, SELLER MORTGAGE LOAN PURCHASE AGREEMENT Dated as of February 1, 2013 Series 2013-GC10Mortgage Loan Purchase Agreement • February 6th, 2013 • GS Mortgage Securities Trust 2013-Gc10 • 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.
GS MORTGAGE SECURITIES CORPORATION II, PURCHASER and ARCHETYPE MORTGAGE FUNDING I LLC, SELLER MORTGAGE LOAN PURCHASE AGREEMENT Dated as of November 1, 2012 Series 2012-GCJ9Mortgage Loan Purchase Agreement • November 29th, 2012 • GS Mortgage Securities Trust 2012-Gcj9 • 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.
GS MORTGAGE SECURITIES CORPORATION II, PURCHASER and ARCHETYPE MORTGAGE FUNDING I LLC, SELLER MORTGAGE LOAN PURCHASE AGREEMENT Dated as of November 1, 2012 Series 2012-GCJ9Mortgage Loan Purchase Agreement • November 27th, 2012 • GS Mortgage Securities Trust 2012-Gcj9 • 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.
