CREFC® Investor Reporting Package® shall have the meaning assigned to such term or an analogous term in the Servicing Agreement.
CREFC® Investor Reporting Package®. Collectively:
CREFC® Investor Reporting Package®. The collection of reports specified by the CREFC® from time to time as the “CREFC Investor Reporting Package®.” As of the Closing Date, the CREFC Investor Reporting Package® contains seven electronic files ((1) CREFC® Loan Setup File, (2) CREFC® Loan Periodic Update File, (3) CREFC® Property File, (4) CREFC® Bond Level File, (5) CREFC® Collateral Summary File, (6) CREFC® Financial File and (7) CREFC® Special Servicer Loan File) and nine surveillance reports ((1) CREFC® Servicer Watch List, (2) CREFC® Delinquent Loan Status Report, (3) CREFC® REO Status Report, (4) CREFC® Comparative Financial Status Report, (5) CREFC® Historical Loan Modification and Corrected Mortgage Loan Report, (6) CREFC® Operating Statement Analysis Report, (7) CREFC® NOI Adjustment Worksheet, (8) CREFC® Loan Level Reserve/LOC Report and (9) with respect to Mortgage Loans that have a Companion Loan, the CREFC® Total Loan Report). In addition, the CREFC Investor Reporting Package® shall include the CREFC® Advance Recovery Report. In addition, the CREFC Investor Reporting Package® shall include the following nine templates: (1) CREFC® Appraisal Reduction Template, (2) CREFC® Servicer Realized Loss Template, (3) CREFC® Reconciliation of Funds Template, (4) CREFC® Historical Bond/Collateral Realized Loss Reconciliation Template, (5) CREFC® Historical Liquidation Loss Template, (6) CREFC® Interest Shortfall Reconciliation Template, (7) CREFC® Loan Modification Report, (8) CREFC® Loan Liquidation Report and (9) CREFC® REO Liquidation Report. The CREFC Investor Reporting Package® shall be substantially in the form of, and containing the information called for in, the downloadable forms of the “CREFC® IRP” available as of the Closing Date on the CREFC® Website, or such other form for the presentation of such information and containing such additional information or reports as may from time to time be approved by the CREFC® for commercial mortgage backed securities transactions generally. For the purposes of the production of the CREFC® Comparative Financial Status Report by the Master Servicer or the Special Servicer of any such report that is required to state information for any period prior to the Cut-off Date, the Master Servicer or the Special Servicer, as the case may be, may conclusively rely (without independent verification), absent manifest error, on information provided to it by the Mortgage Loan Sellers or by the related Mortgagor or (x) in the case of such a report produced by th...
More Definitions of CREFC® Investor Reporting Package®
CREFC® Investor Reporting Package®. The collection of reports specified by the CREFC® from time to time as the “CREFC® Investor Reporting Package.”
CREFC® Investor Reporting Package®. The reporting package substantially in the form of, and containing the information called for in, the downloadable form of the “CREFC® Investor Reporting Package” available as of the Closing Date on the CREFC® Website, or such other final form for the presentation of such information and containing such additional information as may from time to time be promulgated as recommended by CREFC® for commercial mortgage securities transactions generally, provided that, to the extent that such other form contemplates such additional information, such other form must be reasonably acceptable to the Servicer.
CREFC® Investor Reporting Package®. The reporting package substantially in the form of, and containing the information called for in, the downloadable form of the
CREFC® Investor Reporting Package®. A set of reports substantially in the form of, and containing the information called for in, the downloadable form of reports included in the “CREFC® Investor Reporting Package” available as of the Closing Date on the CREFC® website, or such other final form for the presentation of such information and containing such additional information as may from time to time be promulgated as recommended by the CREFC® for commercial mortgage securities transactions generally, consisting of: (a) the following seven electronic files: (i) CREFC® bond level file, (ii) CREFC® collateral summary file, (iii) CREFC® property file, (iv) CREFC® loan periodic update file, (v) CREFC® loan setup file, (vi) CREFC® financial file, and (vii) CREFC® special servicer loan file and (b) the following 16 supplemental reports: (i) CREFC® comparative financial status report, (ii) CREFC® delinquent loan status report, (iii) CREFC® historical loan modification and corrected mortgage loan report, (iv) CREFC® operating statement analysis report, (v) CREFC® NOI adjustment worksheet, (vi) CREFC® REO status report, (vii) CREFC® servicer watch list, (viii) CREFC® loan level reserve – LOC report, (ix) CREFC® advance recovery report, (x) CREFC® total loan report, (xi) CREFC® appraisal reduction template, (xii) CREFC® servicer realized loss template, (xiii) CREFC® reconciliation of funds template, (xiv) CREFC® historical bond/collateral realized loss reconciliation template, (xv) CREFC® historical liquidation loss template and (xvi) CREFC® interest shortfall reconciliation template.