Properties and Leases definition
Examples of Properties and Leases in a sentence
The Notes are limited in right of payment to certain distributions on the Mortgage Loans, Mortgaged Properties and Leases and the other Collateral included in the Collateral Pool, all as more specifically set forth herein and in the Indenture.
The Issuers hereby represent and warrant to the Indenture Trustee on behalf of the Noteholders and the Insurers that the representations and warranties set forth on Exhibit A hereto are true and correct as of the Series Closing Date (or such other date as is set forth in any such representation or warranty) with respect to the Mortgage Loans, Mortgaged Properties and Leases Granted by such Issuer on or prior to the Series Closing Date, except as otherwise set forth in Exhibit A hereto.
The Notes are limited in right of payment to certain distributions on the Mortgage Loans, Properties and Leases and the other Collateral included in the Collateral Pool, all as more specifically set forth herein and in the Indenture.
The Notes are limited in right of payment to certain distributions on the Loans, Owned Properties and Leases and the other Collateral included in the Collateral Pool, all as more specifically set forth herein and in the Indenture.
Upon confirmation that such final deposit has been made, the Indenture Trustee shall release or cause to be released to the Issuer the Lease Files for the remaining Mortgaged Properties and Leases and the Indenture Trustee shall execute all assignments, endorsements and other instruments furnished to it by the Issuer without recourse, as shall be necessary to effectuate transfer of the Mortgaged Properties and Leases to the Issuer or its designee.
From and after the date physical transfer of servicing is completed (the “Back-Up Servicing Transfer Date”), the Back-Up Manager shall service and/or specially service the Properties and Leases in accordance with the provisions of this Agreement with all the rights and obligations of the Property Manager and the Special Servicer and shall have no liability or responsibility with respect to any obligations of each Defaulting Party, arising or accruing prior to the Back-Up Servicing Transfer Date.
The Issuer hereby represents and warrants to the Indenture Trustee on behalf of the Noteholders and the Insurers that the representations and warranties set forth on Exhibit A hereto are true and correct as of the Series Closing Date (or such other date as is set forth in any such representation or warranty) with respect to the Mortgage Loans, Mortgaged Properties and Leases Granted by the Issuer as of the Series Closing Date, except as otherwise set forth in Exhibit A hereto.
Each of the Property Manager and the Special Servicer shall afford to the other and, also to the Issuers, the Insurers and the Indenture Trustee, upon reasonable notice, during normal business hours, (a) access to all records maintained by it relating to the Mortgage Loans, Mortgaged Properties and Leases included in the Collateral Pool and in respect of its rights and obligations hereunder and (b) access to such of its officers as are responsible for such obligations.
The Issuers hereby represent and warrant to the Indenture Trustee on behalf of the Series 2019-1 Noteholders that the representations and warranties set forth in Section 2.20 of the Master Indenture and Exhibit A hereto, if any, are true and correct as of the Series Closing Date (or such other date as is set forth in any such representation or warranty) with respect to the Properties and Leases Granted by such Issuer on the Series Closing Date, except as otherwise set forth in Schedule I-B hereto.
During the Disposition Period, the Property Manager will be required to utilize efforts consistent with the Servicing Standard to cause all of the Properties and related Leases to be released from the Collateral Pool prior the Rated Final Payment Date by receiving payment of the Release Price for such Properties and Leases through the sale of such Properties.