Examples of Major Decision Reporting Package in a sentence
With respect to each Major Decision regarding a Serviced Loan as to which any Risk Retention Consultation Party has consultation rights pursuant to this Section 6.09, the Special Servicer shall provide the related Major Decision Reporting Package to such Risk Retention Consultation Party, simultaneously with the Special Servicer’s request for such Risk Retention Consultation Party’s input regarding the related Major Decision.
With respect to each Major Decision regarding a Serviced Loan as to which any applicable Directing Holder has consent or consultation rights pursuant to this Section 6.09, the Special Servicer shall provide the related Major Decision Reporting Package to the applicable Directing Holder, simultaneously with the Special Servicer’s request for the applicable Directing Holder’s consent or input regarding the related Major Decision.
With respect to each Major Decision as to which the Directing Holder has consent or consultation rights pursuant to this Section 6.09, the Special Servicer shall provide the related Major Decision Reporting Package to the Directing Holder, simultaneously with the Special Servicer’s request for the Directing Holder’s consent or input regarding the related Major Decision.
With respect to each Major Decision as to which the Controlling Class Representative has consent or consultation rights pursuant to this Section 9.3, the Special Servicer shall provide the related Major Decision Reporting Package to Controlling Class Representative, simultaneously with the Special Servicer’s request for the Controlling Class Representative’s consent or input regarding the related Major Decision.
With respect to each Major Decision regarding a Serviced Loan as to which the Directing Holder has consent or consultation rights pursuant to this Section 6.09, the Special Servicer shall provide the related Major Decision Reporting Package to the Directing Holder, simultaneously with the Special Servicer’s request for the Directing Holder’s consent or input regarding the related Major Decision.
The period when the Lead Special Servicer engages in such non-binding consultation with any Consulting Party need not extend past ten (10) Business Days (or in the case of a determination of an Acceptable Insurance Default, twenty (20) days) after such Consulting Party’s receipt of the related Major Decision Reporting Package from the Lead Special Servicer.
With respect to each Major Decision as to which a Consenting Party has consent rights or a Consulting Party has consultation rights pursuant to this Section 9.3, the Special Servicer shall prepare a Major Decision Reporting Package.
With respect to each Serviced Loan, following the occurrence and during continuance of a Control Termination Event, the Special Servicer shall provide each Major Decision Reporting Package to the Operating Advisor (prior to the occurrence and continuance of a Consultation Termination Event, simultaneously upon providing such Major Decision Reporting Package to the Directing Holder) with respect to each Major Decision.
With respect to each Major Decision as to which the Controlling Class Representative has consent or consultation rights pursuant to this Section 9.3, the Special Servicer shall provide the related Major Decision Reporting Package to the Controlling Class Representative, simultaneously with the Special Servicer’s request for the Controlling Class Representative’s consent or input regarding the related Major Decision.