Major Decision definition

Major Decision means:
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

  • Notwithstanding anything to the contrary herein, prior to the Lead Securitization Date, the Controlling Note Holder shall consult with each Non-Controlling Note Holder prior to implementing any Major Decision with respect to the Mortgage Loan.

  • Following such confirmation, the Primary Servicer will not permit or consent to any modification, extension, waiver, consent, defeasance, Major Decision, Special Servicer Decision or other action contemplated by Section 3.18 of the Pooling and Servicing Agreement without the prior written consent of the Master Servicer.


More Definitions of Major Decision

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. Any of the following:
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 neither Note A-1 or Note A-2 is included in the Lead Securitization, “Major Decision” shall mean:
Major Decision. As defined in Section 6.07(a).
Major Decision shall have the meaning given to such term or any one or more analogous terms in the Servicing Agreement; provided that at any time that the Lead Securitization Note is no longer an asset of the trust fund created pursuant to the Lead Securitization Servicing Agreement, “Major Decision” shall mean:
Major Decision means, collectively:
Major Decision means any of the following: