Examples of Roles in a sentence
For a significant majority of CMBS Platform transactions, the Company served, during all or a portion of the Period, as agent for Wells Fargo who remained in the related CMBS Platform Roles (the “Company’s Agent Role Transactions”).
For the CMBS Platform (defined below) transactions and during the Period, the Company either (i) served directly in the related trustee, securities administration, paying agent, and/or related roles (collectively, the “CMBS Platform Roles”), or (ii) served as agent for Wells Fargo who remained in the related CMBS Platform Roles.
Wells Fargo had not, as of the beginning of the Period, transferred to Computershare the CMBS Platform Roles for the Company’s Agent Role Transactions, and therefore the Company performed, during all or a portion of the Period, virtually all of Wells Fargo’s contractual duties for such transactions as its agent.
More specifically, since its acquisition of the Wells Fargo CTS business on November 1, 2021, the Company has closed new CMBS transactions for which, during all or a portion of the Period, it performed the related CMBS Platform Roles directly (the “Company’s Direct Role Transactions”).
For the Company’s Agent Role Transactions, Wells Fargo had not, as of the beginning of the Period, transferred to Computershare the CMBS Platform Roles for the Company’s Agent Role Transactions, and therefore the Company performed, during all or a portion of the Period, virtually all of Wells Fargo’s contractual duties for such transactions as its agent.