Asset Status Report definition

Asset Status Report shall have the meaning assigned to such term in the Servicing Agreement or such other analogous term used in the Servicing Agreement.
Asset Status Report. As defined in Section 3.21(d).
Asset Status Report shall have the meaning assigned to such term or an analogous term in the Lead Securitization Servicing Agreement.

Examples of Asset Status Report in a sentence

  • Prior to a Control Termination Event, the Special Servicer shall deliver each Final Asset Status Report to the Operating Advisor promptly following the Directing Certificateholder Approval Process.

  • A summary of each Final Asset Status Report shall be provided to the Certificate Administrator and the Trustee.

  • Notwithstanding the consultation rights of the related Serviced Pari Passu Companion Loan Holder set forth in the immediately preceding sentence, the Special Servicer may make any Major Decision or take any action set forth in the Asset Status Report before the expiration of the aforementioned ten (10) Business Day period if the Special Servicer determines that immediate action with respect thereto is necessary to protect the interests of the Certificateholders and the related Companion Holder.

  • The Special Servicer may, from time to time, modify any Asset Status Report it has previously delivered and implement such report; provided that such report shall have been prepared, reviewed and not rejected pursuant to the terms of this Section 3.19(d).


More Definitions of Asset Status Report

Asset Status Report. As defined in Section 3.21(b) of this Agreement.
Asset Status Report has the meaning set forth in Section 9.32.
Asset Status Report shall have the meaning assigned to such term in (i) prior to the First Securitization, the Model PSA; or (ii) from and after the First Securitization, the Securitization Servicing Agreement.
Asset Status Report. As defined in Section 3.21(b) of this Agreement. “Assignment of Leases”: With respect to any Mortgaged Property, any assignment of leases, rents and profits or similar agreement executed by the Mortgagor, assigning to the mortgagee all of the income, rents and profits derived from the ownership, operation, leasing or disposition of all or a portion of such Mortgaged Property, in the form which was duly executed, acknowledged and delivered, as amended, modified, renewed or extended through the date hereof and from time to time hereafter.
Asset Status Report has the meaning set forth in Section 8.29(c).
Asset Status Report means the asset status report(s) in the form set out in NR/L2/MTC/089/AMP009 and prepared and approved in accordance with NR/L2/MTC/089 BAPA Construction Certificate means the certificate acknowledged by countersignature of the agreed form by Network Rail in accordance with clause 7.7, confirming that the Construction Completion Criteria have been satisfied BAPA Final Certificate means the certificate acknowledged by countersignature of the agreed form by Network Rail in accordance with clause 7.10, confirming that the Final Completion Criteria have been satisfied CDM Regulations means the Construction (Design and Management) Regulations 2015 Change in Law means the application to any Party of any Legal Requirement which did not so previously apply or the change of any Legal Requirement applying to that Party (including any such Legal Requirement ceasing to apply, being withdrawn or not being renewed) other than in relation to corporation tax (or any other tax of a similar nature replacing corporation tax on profits or gains) or value added tax Change in Standards means the coming into effect of a Railway Industry Standard or of any amendment thereto, or of a Network Rail Standard or of any amendment thereto with which the Customer is obliged to comply, such Change in Standards to be applied after the Works have passed Approval in Principle only where the change has been made for safety reasons, pursuant to a Mandatory Variation Commencement Date means the date of this Agreement Competent Authority means any local, national or supra-national agency, authority, department, inspectorate, minister, ministry, official, court, tribunal or public or statutory person (whether autonomous or not), whether of the United Kingdom or of the European Union, which has, in respect of this Agreement, jurisdiction over either of the Parties or the subject matter of this Agreement Completion shall occur on the date which Network Rail countersigns the BAPA Final Certificate in accordance with clause 7 Completion Criteria means the criteria set out in paragraph I of Schedule 2 Construction Completion Certificate means the certificate referred to in Standard NR/L2/MTC/089 and recorded in form NR/L2/MTC/089/AMP014 Construction Completion Criteria means:
Asset Status Report after such Mortgage Loan becomes a Specially Serviced Mortgage Loan for approval of the respective Companion Loan Representative, subject to the limitations contained in such Intercreditor Agreement, and the Special Servicer will comply with the terms of the related Intercreditor Agreement with respect thereto.