OPERATING ADVISOR Clause Samples
The OPERATING ADVISOR clause designates an individual or entity responsible for providing expert guidance and oversight regarding the operation of a project, asset, or business. Typically, this advisor monitors performance, recommends operational improvements, and may report to stakeholders or management on key issues. By clearly defining the advisor’s role and responsibilities, the clause ensures that operational decisions benefit from specialized expertise, thereby enhancing efficiency and reducing the risk of mismanagement.
OPERATING ADVISOR. Park Bridge Lender Services LLC ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ Attention: BBCMS 2025-C32 – Surveillance Manager (with a copy sent contemporaneously via email to ▇▇▇▇.▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇) TO MIDLAND LOAN SERVICES, A DIVISION OF PNC BANK, NATIONAL ASSOCIATION AND ARGENTIC SERVICES COMPANY LP WITH RESPECT TO BBCMS MORTGAGE TRUST 2025-C32, COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2025-C32 KNOW ALL MEN BY THESE PRESENTS:
OPERATING ADVISOR. Park Bridge Lender Services LLC ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ Attention: UBS 2017-C2-Surveillance Manager (with a copy sent contemporaneously via email to ▇▇▇▇.▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇) I, [IDENTITY OF CERTIFYING INDIVIDUAL], the [TITLE] of [NAME OF SELLER] (the “Seller”) on behalf of the Seller, as [TITLE] of the Seller, hereby certify as of July 25, 2017 to ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, and with the knowledge and intent that he will rely upon this certification in connection with the certification to be signed by him and submitted to the Securities and Exchange Commission pursuant to Regulation AB, that:
OPERATING ADVISOR. Park Bridge Lender Services LLC ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ Attention: BBCMS 2024-C26 – Surveillance Manager (with a copy sent contemporaneously via email to ▇▇▇▇.▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇) TO ▇▇▇▇▇ FARGO BANK, NATIONAL ASSOCIATION AND RIALTO CAPITAL ADVISORS, LLC WITH RESPECT TO BBCMS MORTGAGE TRUST 2024-C26, COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2024-C26 KNOW ALL MEN BY THESE PRESENTS:
OPERATING ADVISOR. Pentalpha Surveillance LLC ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇ Parkway, Suite 401 Amherst, New York 14228 Attention: BBCMS 2024-C28 – Transaction Manager TO ▇▇▇▇▇ FARGO BANK, NATIONAL ASSOCIATION AND LNR PARTNERS, LLC WITH RESPECT TO BBCMS MORTGAGE TRUST 2024-C28, COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2024-C28 KNOW ALL MEN BY THESE PRESENTS:
OPERATING ADVISOR. Park Bridge Lender Services LLC ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ Attention: BBCMS 2024-5C29 – Surveillance Manager (with a copy sent contemporaneously via email to ▇▇▇▇.▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇) TO KEYBANK NATIONAL ASSOCIATION AND ARGENTIC SERVICES COMPANY LP WITH RESPECT TO BBCMS MORTGAGE TRUST 2024-5C29, COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2024-5C29 KNOW ALL MEN BY THESE PRESENTS:
OPERATING ADVISOR. Park Bridge Lender Services LLC ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ Attention: BBCMS 2025-5C36 – Surveillance Manager (with a copy sent contemporaneously via email to ▇▇▇▇.▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇) KNOW ALL MEN BY THESE PRESENTS:
OPERATING ADVISOR. If the Issuer, as holder of a Senior Participation has the right pursuant to the related Underlying Instruments to appoint the operating advisor, directing holder or Person serving a similar function under the Underlying Instruments, each of the Issuer, the Trustee and the Loan Obligation Manager shall take such actions as are reasonably necessary to appoint the Loan Obligation Manager to such position.
OPERATING ADVISOR. Park Bridge Lender Services LLC ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ Attention: MSC 2016-BNK2-Surveillance Manager (with a copy sent contemporaneously via email to ▇▇▇▇.▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇)
OPERATING ADVISOR. Pentalpha Surveillance LLC ▇▇▇ ▇. ▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇▇▇▇ Attention: BANK 2017-BNK7 Transaction Manager Email: ▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ ▇▇▇▇▇ Fargo Bank, National Association c/▇ ▇▇▇▇▇ Fargo Securities, LLC ▇▇ ▇. ▇▇▇▇▇▇ Drive, 32nd Floor, N8405-320 ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Attention: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Email: ▇▇▇▇▇▇.▇▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇.▇▇▇ with a copy to: ▇▇▇▇ ▇. ▇▇▇▇▇, Esq. ▇▇▇▇▇ Fargo Law Department, D1053 300 ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇. ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ TO ▇▇▇▇▇ FARGO BANK, NATIONAL ASSOCIATION AND RIALTO CAPITAL ADVISORS, LLC WITH RESPECT TO BANK 2017-BNK7, COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2017-BNK7 KNOW ALL MEN BY THESE PRESENTS:
OPERATING ADVISOR. Pentalpha Surveillance LLC ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇ Parkway, Suite 401 Amherst, New York 14228 Attention: BBCMS 2025-5C34 – Transaction Manager KNOW ALL MEN BY THESE PRESENTS: