Common use of Specially Serviced Mortgage Loans Clause in Contracts

Specially Serviced Mortgage Loans. (a) The Master Servicer shall send a written notice to the Special Servicer, the Rating Agencies and the Trustee within two Business Days after becoming aware of a Servicing Transfer Event with respect to a Mortgage Loan, which notice shall identify the related Mortgage Loan and set forth in reasonable detail the nature and relevant facts of such Servicing Transfer Event and, except for the Rating Agencies and the Trustee, shall be accompanied by a copy of the Servicer Mortgage File.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Morgan Stanley Dean Witter Capital I Trust 2001-PPM), Pooling and Servicing Agreement (Morgan Stanley Dean Witter Capital 1 Inc Series 2000-Prin), Pooling and Servicing Agreement (Morgan Stanley Capital I Inc Depositor for Ser 1999-Life1)

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Specially Serviced Mortgage Loans. (a) The Master Servicer shall send a written notice to the Special Servicer, the Rating Agencies Agencies, the Paying Agent and the Trustee within two Business Days after becoming aware of a Servicing Transfer Event with respect to a Mortgage Loan, which notice shall identify the related Mortgage Loan and set forth in reasonable detail the nature and relevant facts of such Servicing Transfer Event and, except for the Rating Agencies Agencies, the Paying Agent and the Trustee, shall be accompanied by a copy of the Servicer Mortgage File.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Morgan Stanley Capital I Inc), Pooling and Servicing Agreement (Morgan Stanley Dean Witter Capital I Inc Series 2000 Life1)

Specially Serviced Mortgage Loans. (a) The Master Servicer shall send a written notice to the Special Servicer, the Rating Agencies Servicer and the Trustee within two Business Days after becoming aware of a Servicing Transfer Event with respect to a Mortgage Loan, which notice shall identify the related Mortgage Loan and set forth in reasonable detail the nature and relevant facts of such Servicing Transfer Event and, except for the Rating Agencies and the Trustee, shall be accompanied by a copy of the Servicer Mortgage File.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Morgan Stanley Capital I Inc)

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Specially Serviced Mortgage Loans. (a) The Master Servicer shall send a written notice to the Special Servicer, the Rating Agencies Agencies, the Paying Agent and the Trustee within two Business Days after becoming aware of a Servicing Transfer Event with respect to a Mortgage Loan, which notice shall identify the related Mortgage Loan and set forth in reasonable detail the nature and relevant facts of such Servicing Transfer Event and, except for the Rating Agencies Agencies, the Paying Agent and the Trustee, shall be accompanied by a copy of the Servicer Mortgage File.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Bear Stearns Commercial Mortgage Securities Inc)

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