Servicing Shift Loan Combination definition

Servicing Shift Loan Combination. Any Loan Combination that is initially serviced under this Agreement provided, that upon the inclusion of a designated related Companion Loan in a future securitization, the servicing of such Loan Combination will shift to the pooling and servicing agreement or other comparable agreement governing the securitization of such related Companion Loan (whether by itself or with other mortgage assets). A Servicing Shift Loan Combination will be (i) a Serviced Loan Combination prior to the related Servicing Shift Date servicing and (ii) an Outside Serviced Loan Combination on and after the related Servicing Shift Date. The only Servicing Shift Loan Combinations related to the Trust as of the Closing Date are the Loan Combinations as to which “Servicing Shift” is set forth in the Loan Combination Table under the column heading “Servicing Type.” For the avoidance of doubt, there is no Servicing Shift Loan Combination relating to the Trust and, therefore, all references in this Agreement to “Servicing Shift Loan Combination” shall be disregarded.

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Servicing Shift Loan Combination. Any Loan Combination that is initially serviced under this Agreement provided, that upon the inclusion of a designated related Companion Loan in a future securitization, the servicing of such Loan Combination will shift to the pooling and servicing agreement or other comparable agreement governing the securitization of such related Companion Loan (whether by itself or with other mortgage assets). A Servicing Shift Loan Combination will be (i) a Serviced Loan Combination prior to any such shift in servicing and (ii) an Outside Serviced Loan Combination after the related shift in servicing occurs. There is no Servicing Shift Loan Combination relating to the Trust and all references in this Agreement to “Servicing Shift Loan Combination” shall be disregarded.

Servicing Shift Loan Combination. Any Loan Combination that is initially serviced under this Agreement provided, that upon the inclusion of a designated related Companion Loan in a future securitization, the servicing of such Loan Combination will shift to the pooling and servicing agreement or other comparable agreement governing the securitization of such related Companion Loan (whether by itself or with other mortgage assets). A Servicing Shift Loan Combination will be (i) a Serviced Loan Combination prior to the related Servicing Shift Date servicing and (ii) an Outside Serviced Loan Combination on and after the related Servicing Shift Date. The only Servicing Shift Loan Combinations related to the Trust as of the Closing Date are the Loan Combinations as to which “Servicing Shift” is set forth in the Loan Combination Table under the column heading “Servicing Type.”

Examples of Servicing Shift Loan Combination in a sentence

• In addition to the foregoing, with respect to each Servicing Shift Loan Combination, after the related Servicing Shift Date the related Mortgage Loan shall be an Outside Serviced Mortgage Loan, and the rights, duties and obligations of the Trust and the parties to this Agreement shall be as set forth herein with respect to Outside Serviced Mortgage Loans.

• In addition to the foregoing, with respect to each Servicing Shift Loan Combination, after the related Servicing Shift Date the related Mortgage Loan shall be an Outside Serviced Mortgage Loan, and the rights, duties and obligations of the Issuing Entity and the parties to this Agreement shall be as set forth herein with respect to Outside Serviced Mortgage Loans.

• In addition to the foregoing, with respect to each Servicing Shift Loan Combination, after the related Servicing Shift Controlling Note Securitization Date the related Mortgage Loan shall be an Outside Serviced Mortgage Loan, and the rights, duties and obligations of the Issuing Entity and the parties to this Agreement shall be as set forth herein with respect to Outside Serviced Mortgage Loans.

• In addition to the foregoing, with respect to each Servicing Shift Loan Combination, after the related Servicing Shift Controlling Pari Passu Companion Loan Securitization Date the related Mortgage Loan shall be an Outside Serviced Mortgage Loan, and the rights, duties and obligations of the Issuing Entity and the parties to this Agreement shall be as set forth herein with respect to Outside Serviced Mortgage Loans.

More Definitions of Servicing Shift Loan Combination

Servicing Shift Loan Combination. Any Loan Combination that is initially serviced under this Agreement provided, that upon the inclusion of a designated related Pari Passu Companion Loan in a future securitization, the servicing of such Loan Combination will shift to the pooling and servicing agreement or other comparable agreement governing the securitization of such related Pari Passu Companion Loan (whether by itself or with other mortgage assets). A Servicing Shift Loan Combination will be (i) a Serviced Loan Combination prior to any such shift in servicing and (ii) an Outside Serviced Loan Combination after the related shift in servicing occurs. The only Servicing Shift Loan Combinations related to the Trust as of the Closing Date are the Atlanta and Anchorage Hotel Portfolio Loan Combination, the Urban Union - Amazon Loan Combination and the Broadway Portfolio Loan Combination.

Servicing Shift Loan Combination. Any Loan Combination that is initially serviced under this Agreement provided, that upon the inclusion of a designated related Companion Loan in a future securitization, the servicing of such Loan Combination will shift to the pooling and servicing agreement or other comparable agreement governing the securitization of such related Companion Loan (whether by itself or with other mortgage assets). A Servicing Shift Loan Combination will be (i) a Serviced Loan Combination prior to any such shift in servicing and (ii) an Outside Serviced Loan Combination after the related shift in servicing occurs. The only Servicing Shift Loan Combinations related to the Trust as of the Closing Date are the Chelsea Multifamily Portfolio Loan Combination and the Westin Crystal City Loan Combination.