Special Servicer Report. As defined in Section 4.01(b).
Special Servicer Report. As defined in Section 4.01(b) . “Special Servicing Fee ”: With respect to each Specially Serviced Asset, the fee designated as such and payable to the Special Servicer pursuant to the first paragraph of Section 3.11(c) . “Special Servicing Fee Rate ”: With respect to each Specially Serviced Asset, a fixed percentage rate equal to 0.75% per annum. “Specially Serviced Asset ”: A Specially Serviced Lease or a Specially Serviced Loan. “Specially Serviced Lease ”: Any Lease as to which any of the following events occurs or exists: 29 US-DOCS\ 96557504.7 102826315.7
Special Servicer Report. ["Stated Maturity Date"] ["Stated Principal Balance"] ["REO Loan"] ["REO Revenues"]
Examples of Special Servicer Report in a sentence
In return, the GSE compensates the lender with a cash transfer.12 The GSE then packages the loan with a pool of similar mortgages into a mortgage-backed security (MBS), issues a default-risk guarantee on this product, and sells it to the MBS market.In light of the sale of the mortgage to a GSE, the lender is not exposed to any prepayment or default risk.
For the avoidance of doubt, the Special Servicer Report may be included in the Determination Date Report.
Special Servicer Report Date to the Company or Trustee, as required by the applicable Pooling and Servicing Agreement “PSA”, shall be on or before the 5th calendar day of the related reporting month.
More Definitions of Special Servicer Report
Special Servicer Report. The quarterly report, substantially in the form of Exhibit B, prepared by the Special Servicer pursuant to and in accordance with Section 4.01(b).
Special Servicer Report. The meaning specified in the Servicing Agreement. ***
Special Servicer Report shall have the meaning set forth in Section 2.12 of the Agreement.
Special Servicer Report shall have the meaning set forth in Section 24.