Common Contracts
6 similar Mortgage Loan Purchase Agreement contracts by J.P. Morgan Chase Commercial Mortgage Securities Trust 2012-Cibx, JPMBB Commercial Mortgage Securities Trust 2014-C18, JPMBB Commercial Mortgage Securities Trust 2014-C21, others
J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP., PURCHASER, and JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, SELLER 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
The obligations and liabilities of Mortgagor with respect to environmental issues will terminate and be of no further force and effect with respect to any unasserted claim starting two (2) years after the payment in full of the related Mortgage Loan, provided (i) Mortgagor furnishes to the lender an updated environmental report dated no more than thirty (30) days prior to the date of the repayment in form and substance, and from an environmental consultant, reasonably acceptable to the lender, which updated environmental report discloses, as of the date of such report, (A) no actual noncompliance with or violation of applicable environmental laws (or of permits issued pursuant to such environmental laws), (B) no environmental liens encumbering the Mortgaged Property, (C) no administrative processes or proceedings or judicial proceedings in any way connected with any matter addressed in the environmental indemnity agreement, (D) no presence or release of any hazardous substances in, on,
J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP., PURCHASER, and BARCLAYS BANK PLC, SELLER MORTGAGE LOAN PURCHASE AGREEMENT Dated as of October 22, 2014 Fixed Rate Mortgage Loans Series 2014-C24Mortgage Loan Purchase Agreement • October 22nd, 2014 • JPMBB Commercial Mortgage Securities Trust 2014-C24 • Asset-backed securities • New York
Mr. Feil, using his voting control, engaged in a scheme to restrict cash distributions and coerce the family members to sell their interests in the family businesses to Mr. Feil on below-market terms. Additional claims include Mr. Feil’s misappropriation of insurance proceeds following Hurricane Katrina. Certain information concerning the related proceedings is under seal because of existing confidentiality agreements. The loan documents include requirements for hard/ upfront cash management and environmental insurance, among other things. 18 Columbus Square Portfolio (Loan No. 3) (Insurance) – Business interruption insurance is required for a period continuing until the restoration of the Mortgaged Property is completed or the expiration of 18 months, whichever occurs first. 18 North Riverside Park Mall (Loan No. 7) (Insurance) – The related Mortgage Loan documents permit insurance to be provided by a group of insurance companies, if (1) at least seventy-five percent (75%) of the cove
J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP., PURCHASER, and JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, SELLER MORTGAGE LOAN PURCHASE AGREEMENT Dated as of July 22, 2014 Fixed Rate Mortgage Loans Series 2014-C21Mortgage Loan Purchase Agreement • July 22nd, 2014 • JPMBB Commercial Mortgage Securities Trust 2014-C21 • Asset-backed securities • New York
The Mortgage Loan documents do not require Liberty Mutual Insurance Company, Landmark American Insurance Company and Pennsylvania Manufacturers' Association Insurance Company to meet the minimum insurer rating requirements in the Mortgage Loan documents in connection with certain insurance policies maintained by the Mortgagor on the origination date. The replacement insurance policies obtained upon expiration of the current policies in December 2014 must be provided by insurers meeting the ratings requirements of the Mortgage Loan documents. 18 100 Cambridge Discovery Park (Loan No. 5) (Insurance) – The threshold at or above which lender has the right to hold and disburse insurance proceeds in respect of a property loss is 5% of the original principal amount of the related Mortgage Loan, rather than of the then outstanding principal amount. 18 Westminster Mall (Loan No. 6) and Charlottesville Fashion Square (Loan No. 16) (Insurance) – The deductible for the all-risk special form proper
J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP., PURCHASER, and BARCLAYS BANK PLC, SELLER MORTGAGE LOAN PURCHASE AGREEMENT Dated as of February 28, 2014 Fixed Rate Mortgage Loans Series 2014-C18Mortgage 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 “BBB” or better by S&P or “Baa2” by Moody’s and one hundred percent (100%) of the coverage is provided by insurance companies having a claims paying ability rating of “BBB-” or better by S&P or “Baa3” by Moody’s). The related Mortgage Loan documents approve Lloyd’s (including any Lloyd’s syndicates) as long as Lloyd’s maintains a rating of “A” or better by S&P. The related Mortgage Loan documents permit the Mortgagor to utilize insurers that do not satisfy the requirements of the Mortgage Loan documents to the extent approved by the lender. 18 Berwyn Industrial Business Park (Loan No. 46) (Insurance) – The related Mortgage Loan documents provide for recourse (up to a maximum amount of $500,000.00) against the Mortgagor and the guarantor for losses from flood damage that are not covered by the Mortgagor’s primary insurance in lieu of a requirement for the related Mortgagor to maintain exc
J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP., PURCHASER, and JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, SELLER MORTGAGE LOAN PURCHASE AGREEMENTMortgage Loan Purchase Agreement • June 29th, 2012 • J.P. Morgan Chase Commercial Mortgage Securities Trust 2012-Cibx • Asset-backed securities • New York
Rep. No. on Exhibit B Mortgage Loan and Loan Number as Identified on Exhibit A Description of Exception applicable to the related Mortgaged Property setting forth certain exclusive and restricted use provisions related to Dick’s Sporting Goods, Inc. In addition, after June 4, 2012, the related Mortgage Loan Seller approved an amendment to an operating agreement applicable to the related Mortgaged Property expressly permitting the use of a theater on the related Mortgaged Property. 7 theWit Hotel (Loan No. 2) (Lien; Valid Assignment) – The telephone system in place at the related Mortgaged Property is subject to a recorded financing lease agreement. 8 theWit Hotel (Loan No. 2) (Permitted Liens; Title Insurance) – The telephone system in place at the related Mortgaged Property is subject to a recorded financing lease agreement. 8 Residence Inn Palo Alto (Loan No. 11) (Permitted Liens; Title Insurance) – An unimproved portion of the related Mortgaged Property consists of a month-to-month
J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP., PURCHASER, and JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, SELLER MORTGAGE LOAN PURCHASE AGREEMENTMortgage Loan Purchase Agreement • June 27th, 2012 • J.P. Morgan Chase Commercial Mortgage Securities Trust 2012-Cibx • Asset-backed securities • New York
Rep. No. on Exhibit B Mortgage Loan and Loan Number as Identified on Exhibit A Description of Exception applicable to the related Mortgaged Property setting forth certain exclusive and restricted use provisions related to Dick’s Sporting Goods, Inc. In addition, after June 4, 2012, the related Mortgage Loan Seller approved an amendment to an operating agreement applicable to the related Mortgaged Property expressly permitting the use of a theater on the related Mortgaged Property. 7 theWit Hotel (Loan No. 2) (Lien; Valid Assignment) – The telephone system in place at the related Mortgaged Property is subject to a recorded financing lease agreement. 8 theWit Hotel (Loan No. 2) (Permitted Liens; Title Insurance) – The telephone system in place at the related Mortgaged Property is subject to a recorded financing lease agreement. 8 Residence Inn Palo Alto (Loan No. 11) (Permitted Liens; Title Insurance) – An unimproved portion of the related Mortgaged Property consists of a month-to-month
