Major Decision definition

Major Decision means:

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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 the consultation rights of the related Companion Holder set forth in the immediately preceding sentence, such Special Servicer may make any Major Decision or take any action set forth in the Asset Status Report before the expiration of the aforementioned ten (10) Business Day period if such Special Servicer determines that immediate action with respect thereto is necessary to protect the interests of the Certificateholders and the related Companion Holder.

• Unless such Master Servicer and such Special Servicer mutually agree that such Master Servicer shall process any Major Decision or Special Servicer Decision, such Master Servicer shall not be permitted to process any Major Decision or Special Servicer Decision and will not be required to interface with the Mortgagor or provide a written recommendation and/or analysis with respect to any Major Decision or Special Servicer Decision.

• Additionally, upon request, the Special Servicer shall consult with the Risk Retention Consultation Party on a non-binding basis (provided, that prior to the occurrence and continuance of a Consultation Termination Event, the related Mortgage Loan must also be a Specially Serviced Loan) in connection with any Major Decision not relating to an Excluded Loan and consider alternative actions recommended by the Risk Retention Consultation Party in respect thereof.

• Notwithstanding the consultation rights of the related Serviced Pari Passu Companion Loan Holder set forth in the immediately preceding sentence, the Special Servicer may make any Major Decision or take any action set forth in the Asset Status Report before the expiration of the aforementioned ten (10) Business Day period if the Special Servicer determines that immediate action with respect thereto is necessary to protect the interests of the Certificateholders and the related Companion Holder.

• With respect to such request, such Master Servicer shall continue to cooperate with the applicable Special Servicer by delivering any additional information in such Master Servicer’s possession to such Special Servicer that is reasonably requested by such Special Servicer relating to such Major Decision or Special Servicer Decision.

More Definitions of Major Decision

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 none of the Notes is included in the Lead Securitization, “Major Decision” shall mean, any of the following,

Major Decision. As defined in Section 6.08(a).

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 means, collectively:

Major Decision means any of the following:

Major Decision means any decision for the Company to take, or refrain from taking, any action or incurring any obligation with respect to the following matters (or the effectuation of any such action or obligation):