Major Decision definition

Major Decision means:

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Major Decision shall have the meaning assigned to such term or an analogous term in the Lead Securitization Servicing Agreement.

Major Decision. Collectively:

Examples of Major Decision 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.
The Master Servicer shall not be required to interface with the Mortgagor or provide a written recommendation and/or analysis with respect to any Major Decision.
The Special Servicer shall process waivers, modifications, amendments and consents with respect to Specially Serviced Loans and all such matters that involve a Major Decision for all Mortgage Loans (other than any Non-Serviced Mortgage Loan) that are Non-Specially Serviced Loans and any related Serviced Companion Loan.
With respect to such request, the Master Servicer shall continue to cooperate with the Special Servicer by delivering any additional information in the Master Servicer’s possession to the Special Servicer that is reasonably requested by the Special Servicer relating to such Major Decision.
For the avoidance of doubt, other than in connection with any Major Decision, any consent or approval required or permitted by the Mortgage Loan Agreement or in any Whole Loan Document to be given by the Lender which is an Administrative Agent Decision or an Additional Administrative Agent Decision may be given or waived with the written consent of the Servicer and without the consultation, consent or approval of the Special Servicer (unless the Whole Loan is a Specially Serviced Whole Loan).

More Definitions of Major Decision

Major Decision shall have the meaning given to such term or any analogous term in the Lead Securitization Servicing Agreement; provided that, at any time that none of the Notes is included in the Lead Securitization, “Major Decision” shall mean, any of the following,

Major Decision. As defined in Section 6.08(a).

Major Decision. Any of the following:

Major Decision shall have the meaning assigned to such term in the Servicing Agreement or such other analogous term used in the Servicing Agreement.

Major Decision means, collectively:

Major Decision means any of the following:

Major Decision means any decision for the Company to take, or refrain from taking, any action or incurring any obligation with respect to the following matters (or the effectuation of any such action or obligation):