Examples of Serviced Pooled Mortgage Loan in a sentence
For purposes of this Section 3.19(a), an Appraisal may, in the case of any Serviced Pooled Mortgage Loan with an outstanding principal balance of less than $2,000,000 only, consist solely of an internal valuation performed by the applicable Special Servicer.
For purposes of this Section 3.19(a), an Appraisal may, in the case of any Serviced Pooled Mortgage Loan with an outstanding principal balance of less than $2,000,000 only, consist solely of an internal valuation performed by the Special Servicer.
In connection with a Mortgaged Property related to any Serviced Mortgage Loan Group, the applicable Special Servicer shall also determine and report to the Trustee, the applicable Master Servicer, the Controlling Class Representative and the applicable Serviced Non-Pooled Mortgage Loan Noteholder(s) the Appraisal Reduction Amount, if any, with respect to the entire such Serviced Mortgage Loan Group (calculated, for purposes of this sentence, as if it were a single Serviced Pooled Mortgage Loan).
In connection with a Mortgaged Property related to any Serviced Mortgage Loan Group, the Special Servicer shall also determine and report to the Trustee, the applicable Master Servicer, the Controlling Class Representative and the applicable Serviced Non-Pooled Mortgage Loan Noteholder(s) the Appraisal Reduction Amount, if any, with respect to the entire such Serviced Mortgage Loan Group (calculated, for purposes of this sentence, as if it were a single Serviced Pooled Mortgage Loan).
A Serviced Pooled Mortgage Loan shall cease to be a Required Appraisal Loan if and when, following the occurrence of the most recent Appraisal Trigger Event, any and all Servicing Transfer Events with respect to such Mortgage Loan have ceased to exist and no other Appraisal Trigger Event has occurred with respect thereto during the preceding ninety (90) days.
For purposes of this Section 3.19(a), an -168- Appraisal may, in the case of any Serviced Pooled Mortgage Loan with an outstanding principal balance of less than $2,000,000 only, consist solely of an internal valuation performed by the Special Servicer.
Fair Value Option; Sale of Administered REO Properties; Sale of the Non-Trust- Serviced Pooled Mortgage Loan....
In the case of a Lion Industrial Portfolio Mortgaged Property, the Lion Industrial Portfolio Special Servicer shall also determine and report to the Trustee, the applicable Master Servicer, the Controlling Class Representative and the Lion Industrial Portfolio Non-Pooled Subordinate Noteholder the Appraisal Reduction Amount, if any, with respect to the entire Lion Industrial Portfolio Loan Group (calculated as if it was a single Serviced Pooled Mortgage Loan).
In the case of a Shell Plaza Mortgaged Property, the Shell Plaza Special Servicer shall also determine and report to the Trustee, the applicable Master Servicer, the Controlling Class Representative and the Shell Plaza Non-Pooled Subordinate Noteholder the Appraisal Reduction Amount, if any, with respect to the entire Shell Plaza Loan Group (calculated as if it was a single Serviced Pooled Mortgage Loan).
Fair Value Option; Sale of Administered REO Properties; Sale of the Non-Trust- Serviced Pooled Mortgage Loan.....................