Common use of Basic Documents Clause in Contracts

Basic Documents. Each of the Basic Documents to which the Depositor is a party has been duly authorized by the Depositor and when duly executed and delivered in accordance with its terms by each of the parties thereto, will constitute a valid and legally binding agreement of the Depositor enforceable against the Depositor in accordance with its terms, subject to the Enforceability Exceptions.

Appears in 84 contracts

Sources: Underwriting Agreement (Benchmark 2023-B40 Mortgage Trust), Underwriting Agreement (Benchmark 2022-B32 Mortgage Trust), Underwriting Agreement (Benchmark 2021-B28 Mortgage Trust)

Basic Documents. Each of the Basic Documents to which the Depositor is a party has been duly authorized by the Depositor and and, when duly executed and delivered in accordance with its terms by each of the parties thereto, will constitute a valid and legally binding agreement of the Depositor enforceable against the Depositor in accordance with its terms, subject to the Enforceability Exceptions.

Appears in 10 contracts

Sources: Underwriting Agreement (Merrill Lynch Mortgage Trust 2005-Mkb2), Underwriting Agreement (Merrill Lynch Mortgage Trust 2005-Cki1), Underwriting Agreement (Merrill Lynch Mortgage Trust 2005-Cip1)

Basic Documents. Each of the Basic Documents to which the Depositor is a party has been duly authorized by the Depositor and when duly executed and delivered in accordance with its terms by each of the parties thereto, will constitute a valid and legally binding agreement of the Depositor enforceable against the Depositor in accordance with its terms, subject to the Enforceability Exceptions.

Appears in 2 contracts

Sources: Underwriting Agreement (Jp Morgan Chase Commercial Mortgage Securities Corp), Underwriting Agreement (Jp Morgan Chase Commercial Mortgage Securities Corp)