Common use of Enforcement of Alienation Clauses Clause in Contracts

Enforcement of Alienation Clauses. With respect to those Mortgage Loans it is obligated to service hereunder, each of the Master Servicer and the Special Servicer, on behalf of the Trustee as the mortgagee of record, shall enforce the restrictions contained in the related Mortgage on transfers or further encumbrances of the related Mortgaged Property and on transfers of interests in the related Mortgagor unless the Master Servicer or, subject to Section 3.27(a), the Special Servicer, as applicable, has determined, consistent with the Servicing Standard, that waiver of such restrictions would be in accordance with the Servicing Standard. Promptly after the Master Servicer or Special Servicer, as applicable, has made any such determination, it shall deliver to the other, the Trustee and the Operating Adviser an Officer's Certificate setting forth the basis for such determination.

Enforcement of Alienation Clauses. With respect to those Mortgage Loans it is obligated to service hereunder, each of the Master Servicer and the Special Servicer, on behalf of the Trustee as the mortgagee of record, shall enforce the restrictions contained in the related Mortgage on transfers or further encumbrances of the related Mortgaged Property and on transfers of interests in the related Mortgagor Mortgagor, unless the Master Servicer or, subject to Section 3.27(a), or the Special Servicer, as applicable, has determined, consistent with the Servicing Standard, that waiver of such restrictions would be in accordance with the Servicing Standard. Promptly after the Master Servicer or Special Servicer, as applicable, Servicer has made any such determination, it the Master Servicer or Special Servicer shall deliver to the other, the Trustee and the Operating Adviser Master Servicer (if such determination is made by the Special Servicer) an Officer's Officers' Certificate setting forth the basis for such determination.