Additional Servicing Restrictions Sample Clauses

Additional Servicing Restrictions. (a) No Servicer shall approve a transfer of any membership interest in the Borrower for the Mortgage Loan identified as loan number 4 on the Mortgage Loan Schedule resulting in the transfer of in excess of 49% of the membership interest in such Borrower unless the Servicer shall have obtained written confirmation from Standard and Poor's stating that upon such transfer none of the then-current rating or ratings of all outstanding classes of the Certificates would be qualified, downgraded or withdrawn as a result thereof. (b) No Servicer shall approve the incurrence by the Borrower for the Mortgage Loans identified as loan numbers 3, 4 and 7 on the Mortgage Loan Schedule of additional indebtedness in excess of 4% of the outstanding principal balance of the related Mortgage Loan unless the Servicer shall have obtained written confirmation from Standard and Poor's stating that upon such incurrance none of the then-current rating or ratings of all outstanding classes of the Certificates would be qualified, downgraded or withdrawn as a result thereof.