Common use of Securitization Clause in Contracts

Securitization. Following any Securitization, Borrower shall name any trustee, servicer or special servicer designated by Lender as a loss payee, and any trustee, servicer and special servicer as additional insureds, with respect to any Policy for which Lender is to be so named hereunder.

Appears in 14 contracts

Sources: Loan and Security Agreement (Strategic Hotels & Resorts, Inc), Loan and Security Agreement (Strategic Hotels & Resorts, Inc), Loan and Security Agreement (Strategic Hotels & Resorts, Inc)

Securitization. Following any Securitization, Borrower Borrowers shall name any trustee, servicer or special servicer designated by Lender as a loss payee, and any trustee, servicer and special servicer as additional insureds, with respect to any Policy for which Lender is to be so named hereunder.

Appears in 2 contracts

Sources: Loan Agreement (Strategic Hotel Capital Inc), Loan Agreement (Strategic Hotel Capital Inc)

Securitization. Following any In the event of a Securitization, Borrower shall -------------- name any trustee, servicer Servicer or special servicer Special Servicer designated by Lender as a loss payee, and any trustee, servicer and special servicer payee or as additional insureds, with respect to any Policy for which Lender is to be so named hereunder.

Appears in 1 contract

Sources: Loan Agreement (Desert Springs Marriott Limited Partnership)

Securitization. Following any In the event of a Securitization, Borrower shall name any trustee, servicer Servicer or special servicer Special Servicer designated by Lender as a loss payee, and any trustee, servicer Servicer and special servicer Special Servicer as additional insureds, with respect to any Policy for which Lender is to be so named hereunder.

Appears in 1 contract

Sources: Loan Agreement (Thomas Properties Group Inc)