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

  • With respect to any particular Major Decision and related Major Decision Reporting Package and any Asset Status Report, the Special Servicer shall make available to the Operating Advisor a Servicing Officer with relevant knowledge regarding the related Mortgage Loan and such Major Decision and/or Asset Status Report in order to address reasonable questions that the Operating Advisor may have relating to, among other things, such Major Decision and/or Asset Status Report.

  • Notwithstanding the consultation rights of the related Companion 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 Operating Advisor shall not be required to review the actions of the Special Servicer with respect to Trust-Related Litigation unless such review is otherwise related to the performance of the Operating Advisor’s duties, rights and obligations in respect of a Final Asset Status Report and/or Asset Status Report.


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 has the meaning set forth in Section 8.29(c).
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 means a report with respect to a Reference Obligation setting forth the following information to the extent reasonably determinable:
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.