Lead Special Servicer definition

Lead Special Servicer means, subject to Section 2(a), the special servicer appointed pursuant to the Servicing Agreement and this Agreement (or any successor and assign appointed by the Controlling Noteholder in accordance with the Servicing Agreement and this Agreement).
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Lead Special Servicer means (except as set forth above for the purposes of Major Decisions and Extraordinary Major Decisions) the applicable interim servicer under the Interim Servicing Agreement and references to “Lead Asset Representations Reviewer,” “Lead Certificate Administrator,” “Lead Controlling Class Representative,” “Lead Depositor,” “Lead Operating Advisor” and “Lead Trustee” shall not have any force or effect for the purposes of the servicing and administration of the Mortgage Loan under the Interim Servicing Agreement. If no Lead Securitization Date occurs on or before the date is ninety (90) days after the date hereof, the parties shall negotiate in good faith with respect to the execution and delivery of a successor servicing agreement with respect to the servicing and administration of the Mortgage Loan in accordance with this Agreement and the Servicing Standard.
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Lead Special Servicer means each of the CD 2006-CD3 Special Servicer with respect to the Ala Moana Portfolio Loan Combination and the WBCMT 2007-C30 Special Servicer with respect to the Peter Cooper Village & Stuyvesant Txxx Xxxx Xxxbination.
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Examples of Lead Special Servicer in a sentence

  • Councillor Harvey stated this exercise is being done based on the decision of the URB in the spring of 2000.

  • Notably, useful general theorems for the special-relativistic mechanical motion of systems, including the elastic impact, have been obtained in a rigorous manner ([35] Sects.

  • The Lead Master Servicer shall provide (via electronic delivery) the Lead Special Servicer with information in its possession that is reasonably required to calculate or recalculate any Appraisal Reduction Amount using reasonable efforts to deliver such information within four (4) Business Days of the Lead Special Servicer’s reasonable written request.

  • In addition, in no event may the Lead Special Servicer sell the Defaulted Securitized A Loan for a price less than the Defaulted Securitized A Loan Purchase Price unless the Lead Controlling Class Representative has approved such sale (but a failure by it to respond to the Lead Special Servicer within ten (10) Business Days following delivery by the Lead Special Servicer of a decision reporting package shall be deemed to constitute such approval).

  • Registration and applications for ECIU University learning offerings can only take place via the ECIU University Engagement platform by submitting the completed application form.

  • If the Mortgaged Property becomes an REO Property, the Lead Special Servicer shall use reasonable efforts to solicit offers for the REO Property on behalf of the Noteholders in such manner as will be reasonably likely to realize a fair price within the time period specified by Section 4(h) of this Agreement.

  • Each Decision-Eligible Note A Holder who delivers to the Lead Special Servicer an affirmative approval of or objection to an Extraordinary Major Decision shall use commercially reasonable efforts to notify the other Decision-Eligible Note A Holders of such approval or objection but a failure to provide such notice shall not limit the effectiveness of the approval (or deemed approval) or objection delivered by such Decision-Eligible Note A Holder to the Lead Special Servicer.

  • In such event, the Special Servicer shall use its reasonable efforts to cause such Appraisal to be delivered within 30 days from receipt of the Note B Holder’s written request; provided that the Lead Special Servicer shall not be required to obtain such Appraisal if it determines in accordance with the Servicing Standard that no events at or with regard to the Mortgaged Property have occurred that would have a material effect on the appraised value of the Mortgaged Property.

  • Until the delivery of such a notice, each other Note A Holder, the Lead Special Servicer, the Lead Master Servicer and the Lead Trustee shall be entitled to assume, without investigation, that the Note A-1 Holder or the Note A-2 Holder constitutes a Control-Eligible Note A Holder.

  • Subject to the other subsections of this Section 4(j), the Lead Special Servicer shall act on behalf of the Noteholders in negotiating and taking any other action necessary or appropriate in connection with the sale of the Defaulted Securitized A Loan, and the collection of all amounts payable in connection therewith.


More Definitions of Lead Special Servicer

Lead Special Servicer means each of the 2004-GG2 Special Servicer and, during a 1370 Avenue of the Americas Non-Lead Servicing Period, the 1370 Avenue of the Americas Special Servicer.
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Lead Special Servicer means each of the 200[_]-[___] Special Servicer and the 200[_]-[___] Special Servicer.
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Lead Special Servicer means each of the GCCFC C2 Special Servicer, the GMACCM C3 Special Servicer and the GMACCM C2 Special Servicer.
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Lead Special Servicer means each of the 2005-GG5 Special Servicer and the LB-UBS 2006-C4 Special Servicer.
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Lead Special Servicer means, subject to Section 2(a), the special servicer appointed pursuant to the Servicing Agreement and this Agreement (or any successor and assign appointed by the Controlling Noteholder in accordance with the Servicing Agreement and this Agreement). “Lead Trustee” shall mean the trustee appointed pursuant to the Lead Securitization Servicing Agreement.
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Lead Special Servicer means the special servicer under a Lead Pooling and Servicing Agreement.
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Related to Lead Special Servicer

  • Non-Lead Special Servicer means the “special servicer” under any Non-Lead Securitization Servicing Agreement.

  • Special Servicer means the special servicer appointed to act in such capacity with respect to the Mortgage Loan as provided in the Lead Securitization Servicing Agreement.

  • Note A-1 Special Servicer means the special servicer under the Note A-1 PSA.

  • Note A-3 Special Servicer means the special servicer under the Note A-3 PSA.

  • Note A-2 Special Servicer means the special servicer under the Note A-2 PSA.

  • Master Servicer means the master servicer appointed as provided in the Lead Securitization Servicing Agreement.

  • Lead Servicer means the master servicer designated under the Note A-1 PSA.

  • Servicer means the Master Servicer or the Special Servicer, as the context may require.

  • Non-Lead Servicer means any Non-Lead Master Servicer or Non-Lead Special Servicer, as the context may require.

  • Non-Lead Master Servicer means the applicable “master servicer” under any Non-Lead Securitization Servicing Agreement.

  • Initial Servicer means CarMax.

  • Sub-Servicer Any Person with which the Master Servicer has entered into a Sub-Servicing Agreement and which meets the qualifications of a Sub-Servicer pursuant to Section 3.02.

  • Interim Servicer The servicer under the Interim Servicing Agreement, or its successor in interest, or any successor to the Interim Servicer under the Interim Servicing Agreement, as therein provided.

  • Subservicer means any Person that services Receivables on behalf of the Servicer or any Subservicer and is responsible for the performance (whether directly or through Subservicers or Subcontractors) of a substantial portion of the material servicing functions required to be performed by the Servicer under this Agreement that are identified in Item 1122(d) of Regulation AB.

  • Primary Servicer Prudential Asset Resources, Inc., or any successor thereto (as primary servicer) appointed as provided in the Primary Servicing Agreement.

  • Master Servicing Officer Any officer of the Master Servicer involved in, or responsible for, the administration and master servicing of the Mortgage Loans.