Loan Rating definition

Loan Rating means either Loan Rating 1, Loan Rating 2, Loan Rating 3, Loan Rating 4, Loan Rating 5 or Loan Rating 6, as applicable.

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Loan Rating means the following;

Loan Rating means the “loan rating” determined with respect to a Loan in accordance with the Credit and Collection Policy under the Originator’s loan risk rating system, which ranks loans based on the Originator’s analysis of the credit quality of the loan, the structure of the loan or the underlying collateral.

Examples of Loan Rating in a sentence

Each Companion Loan Rating Agency Confirmation shall be sought by the Master Servicer or Special Servicer, as applicable, depending on whichever such party is seeking the corresponding Rating Agency Confirmation(s) in connection with the Relevant Action.
Each Companion Loan Rating Agency Confirmation shall be sought by the Servicer or Special Servicer, as applicable, depending on whichever such party is seeking the corresponding Rating Agency Confirmation(s) in connection with the Relevant Action.
Each Companion Loan Rating Agency Confirmation shall be sought by the Master Servicer, Special Servicer, Trustee, Certificate Administrator, Controlling Class Representative or applicable Certificateholders, as applicable, depending on whichever such party is seeking the corresponding Rating Agency Confirmation(s) in connection with the Relevant Action.
No termination of the Special Servicer and appointment of a successor Special Servicer shall be effective until the successor Special Servicer has assumed all of its responsibilities, duties and liabilities hereunder in writing, a Companion Loan Rating Agency Confirmation with respect to such appointment has been delivered to the Trustee and Rating Agency Confirmation with respect to such appointment has been delivered to the Trustee.
To the extent any provision of this Agreement requires a Requesting Party to obtain such an analogous rating agency confirmation from a Pari Passu Companion Loan Rating Agency, the provisions of this Section 3.27 for satisfying such rating agency confirmation condition shall be applicable.
Each Companion Loan Rating Agency Confirmation shall be sought by the Servicer or the Special Servicer, as applicable, depending on whichever such party is seeking the corresponding Rating Agency Confirmation(s) in connection with a Relevant Action.
To the extent any provision of this Agreement requires a Requesting Party to obtain such an analogous rating agency confirmation from a Companion Loan Rating Agency, the provisions of this Section 3.27 for satisfying such rating agency confirmation condition shall be applicable.
Each Companion Loan Rating Agency Confirmation shall be sought by the Servicer, Special Servicer, Trustee or Certificate Administrator, as applicable, depending on whichever such party is seeking the corresponding Rating Agency Confirmation(s) in connection with the Relevant Action.
The Primary Servicer shall not orally communicate with any Rating Agency or Pari Passu Companion Loan Rating Agency regarding any of the Mortgage Loan Documents or any matter related to the Mortgage Loans, the related Mortgaged Properties, the related Borrowers or any other matters in connection with the Certificates or pursuant to this Agreement or the Pooling and Servicing Agreement.
Only one Loan Rating Exception Obligation shall be permitted at any time and all information necessary to calculate ▇▇▇▇▇’▇ RiskCalc with respect to any Loan Rating Exception Obligation shall be delivered to the Facility Agent and the Collateral Agent no later than 30 days after the purchase of such Collateral Obligation.

More Definitions of Loan Rating

Loan Rating means a credit rating with respect to the Loans from a NRSRO.

Loan Rating means, for each Loan in the Loan Pool, the rating assigned to such Loan by CapitalSource by applying its comprehensive loan rating matrix to characterize the risk and level of each loan. The loan rating matrix is customized for the different array of products offered by each lending unit, but without exception evaluates the same three areas, which are (i) credit factors, (ii) collateral factor, and (iii) financial reporting. The following is a description of the conditions associated with each Loan Rating, which must be affirmed by CapitalSource’s credit operations and services group and is then used to determine the level of servicing required: 1 “Investment Grade” (based on structure, collateral or credit)

Loan Rating means the credit rating assigned to the Facility by any of Moody’s, Standard & Poors or Fitch.

Loan Rating. The “Loan Rating” determined for each Loan by the Originator in accordance with the Credit Policy using the scale set forth on Schedule X.