Asset Status Report definition

Asset Status Report shall have the meaning assigned to such term in the Servicing Agreement or such other analogous term used in the Servicing Agreement.
Asset Status Report. As defined in Section 3.21(d).
Asset Status Report. As defined in Section 3.21(b) of this Agreement.

Examples of Asset Status Report in a sentence

  • The Special Servicer may, from time to time, modify any Asset Status Report it has previously delivered and implement such report, provided such report shall have been prepared, reviewed and not rejected pursuant to the terms of this Section.

  • The Special Servicer shall deliver a summary of each Final Asset Status Report to the Certificate Administrator.

  • To the extent that the Special Servicer received notice of an Excluded Controlling Class Mortgage Loan (in the form of Exhibit M-1C or M-1F), any Asset Status Report or Excluded Information delivered with respect to an Excluded Controlling Class Mortgage Loan shall be labeled by the Special Servicer with “Excluded Information” followed by the loan number and loan name.

  • If the Special Servicer acts or intends to act in accordance with either of the prior two sentences, then the Special Servicer shall act in accordance with the most recent Asset Status Report provided by the Special Servicer with respect to the subject Serviced Loan that is consistent with the Servicing Standard and such Asset Status Report shall be deemed a Final Asset Status Report.

  • From and after the Closing Date, the Controlling Class Representative shall have no right to receive any Asset Status Report related to an Excluded Mortgage Loan or otherwise to consent or object thereto under this Section 3.21(b) or consult with the Special Servicer with respect to any matter set forth therein.


More Definitions of Asset Status Report

Asset Status Report shall have the meaning assigned to such term or an analogous term in the Lead Securitization Servicing Agreement.
Asset Status Report has the meaning set forth in Section 9.32.
Asset Status Report shall have the meaning assigned to such term in (i) prior to the First Securitization, the Model PSA; or (ii) from and after the First Securitization, the Securitization Servicing Agreement.
Asset Status Report. As defined in Section 3.21(b) of this Agreement. “Assignment of Leases”: With respect to any Mortgaged Property, any assignment of leases, rents and profits or similar agreement executed by the Mortgagor, assigning to the mortgagee all of the income, rents and profits derived from the ownership, operation, leasing or disposition of all or a portion of such Mortgaged Property, in the form which was duly executed, acknowledged and delivered, as amended, modified, renewed or extended through the date hereof and from time to time hereafter.
Asset Status Report has the meaning set forth in Section 8.29(c).
Asset Status Report after such Mortgage Loan becomes a Specially Serviced Mortgage Loan for approval of the respective Companion Loan Representative, subject to the limitations contained in such Intercreditor Agreement, and the Special Servicer will comply with the terms of the related Intercreditor Agreement with respect thereto.
Asset Status Report means a report with respect to a Reference Obligation setting forth the following information to the extent reasonably determinable: