Operating Advisor definition
Examples of Operating Advisor in a sentence
The Trust and Servicing Agreement may be amended from time to time by the Depositor, the Servicer, the Special Servicer, the Operating Advisor, the Trustee and the Certificate Administrator, without the consent of any of the Certificateholders or any Companion Loan Holder, in certain circumstances specified in the Trust and Servicing Agreement.
The Trust and Servicing Agreement may be amended from time to time by the Depositor, the Certificate Administrator, the Servicer, the Special Servicer, the Trustee and the Operating Advisor, without the consent of any of the Certificateholders or the Companion Loan Holders, in certain circumstances specified in the Trust and Servicing Agreement, subject to certain exceptions set forth in the Trust and Servicing Agreement.
Certificate Administrator and as Trustee, and Park Bridge Lender Services LLC, as Operating Advisor.
The Operating Advisor shall perform its duties hereunder in accordance with the Operating Advisor Standard.
The Depositor, the Servicer, the Special Servicer and the Operating Advisor each shall be liable in accordance herewith only to the extent of the obligations specifically imposed by this Agreement.