Examples of Mortgage Loan Group Intercreditor Agreement in a sentence
In no event, however, shall such conveyance and assignment constitute or be construed as an assumption by the Purchaser of, in the case of any Mortgage Loan that is part of a Mortgage Loan Group, any obligation or liability that is imposed only on the initial holder of such Mortgage Loan under the terms of the related Mortgage Loan Group Intercreditor Agreement.
The applicable Master Servicer and Special Servicer for the Muirwood Apartments Loan Group shall comply with the provisions of the related Mortgage Loan Group Intercreditor Agreement that relate to providing reports to and consulting with or obtaining the approval of the related Serviced Non-Pooled Noteholders with respect to various servicing actions.
The parties hereto further acknowledge that, pursuant to the Mortgage Loan Group Intercreditor Agreement for each Non-Trust-Serviced Pooled Mortgage Loan, such Non-Trust-Serviced Pooled Mortgage Loan and the related Non-Pooled Pari Passu Companion Loan are to be serviced and administered by the related Non-Trust Master Servicer and related Non-Trust Special Servicer in accordance with the related Non-Trust Servicing Agreement.
The applicable Master Servicer and applicable Special Servicer for the JL Holdings Portfolio Loan Group shall comply with the provisions of the related Mortgage Loan Group Intercreditor Agreement that related to providing reports to and consulting with or obtaining the approval of the related Serviced Non-Pooled Noteholders with respect to various servicing actions.