Workout Fees definition
Workout Fees shall have the meaning assigned to such term in the Servicing Agreement or such other analogous term used in the Servicing Agreement.
Workout Fees shall have the meaning given to such term or any one or more analogous terms in the Lead Securitization Servicing Agreement.
Workout Fees has the meaning set forth in the Servicing Agreement.
Examples of Workout Fees in a sentence
If the Special Servicer is terminated or resigns, it shall retain the right to receive any and all Workout Fees payable in respect of Commercial Real Estate Loans that became Corrected Commercial Real Estate Loans prior to the time of such termination or resignation, except the Workout Fees will no longer be payable if the Commercial Real Estate Loan subsequently becomes a Specially Serviced Loan.
The successor Special Servicer will not be entitled to any portion of such Workout Fees to which the predecessor Special Servicer is entitled pursuant to the preceding sentence.
More Definitions of Workout Fees
Workout Fees shall have the meaning assigned to such term in the Securitization Servicing Agreement.
Workout Fees has the meaning set forth in the Trust Agreement.
Workout Fees has the meaning set forth in the Servicing Agreement. This NOTICE OF GRANT OF SECURITY INTEREST IN TRADEMARKS (the “Notice”) is made and entered into as of [ ], by and between [APPLEBEE’S RESTAURANTS LLC] [IHOP RESTAURANTS LLC], a Delaware limited liability company located at (“Grantor”), in favor of CITIBANK, N.A., a national banking association (“Citibank”), as trustee located at (“Trustee”).
Workout Fees has the meaning set forth in the Control Party Agreement.
Workout Fees in the amounts set forth in the servicing agreement, and (d) “special servicing fees” for the Loan upon the Loan becoming a specially serviced loan pursuant to the servicing agreement in the amounts set forth in the servicing agreement; provided, however, that Borrower shall not be liable (x) for the payment of any such costs and expenses to the extent the same arise by reason of the gross negligence, illegal acts, fraud or willful misconduct of Lender or Servicer and (y) for the payment of any monthly master servicing fees. Any costs due and payable to Lender may be paid to Lender pursuant to the Cash Management Agreement.
Workout Fees has the meaning set forth in the Servicing Agreement. This NOTICE OF GRANT OF SECURITY INTEREST IN TRADEMARKS (the “Notice”) is made and entered into as of [____________], by and between [IHOP RESTAURANTS LLC] [APPLEBEE’S RESTAURANTS LLC], a Delaware limited liability company located at ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇., ▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇-▇▇▇▇ (“Grantor”), in favor of CITIBANK, N.A., a national banking association (“Citibank”), as trustee located at ▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇ (“Trustee”).
Workout Fees. As defined in the Property Management Agreement.