Operating Statement Analysis Report definition
Examples of Operating Statement Analysis Report in a sentence
The Master Servicer (with respect to non-Specially Serviced Loans) will deliver, or the Special Servicer (with respect to Specially Serviced Loans and REO Properties with forward to the Master Servicer and the Master Servicer) will deliver, to the Certificate Administrator, the Operating Advisor and each holder of a Serviced Companion Loan by electronic means the CREFC® NOI Adjustment Worksheet and the CREFC® Operating Statement Analysis Report upon request.
Promptly following the initial preparation and each material revision thereof, the applicable Special Servicer shall deliver to the applicable Master Servicer (in electronic format) each CREFC® Operating Statement Analysis Report with respect to Specially Serviced Loans, and REO Properties, for which it acts as Special Servicer, along with the related operating statements upon request.
The Master Servicer shall maintain a CREFC® Operating Statement Analysis Report and a CREFC® NOI Adjustment Worksheet with respect to each Mortgaged Property (other than a Non-Serviced Mortgaged Property) or REO Property (other than a Non-Serviced Mortgaged Property).
The applicable Master Servicer shall deliver or make available copies (in electronic format) of each CREFC® Operating Statement Analysis Report and, upon request, the related operating statements (in each case, promptly following the initial preparation and each material revision thereof) to the Certificate Administrator, the Directing Certificateholder, the related Companion Holder (with respect to any Serviced Companion Loan).