Rating Surveillance. Lender, at its option, may retain the Rating Agencies to provide rating surveillance services on any certificates issued in a Securitization. Such rating surveillance will be at the expense of Lender (the "RATING SURVEILLANCE CHARGE").
Rating Surveillance. Lender will retain the Rating Agencies to provide rating surveillance services on Securities. The pro rata expenses of such surveillance will be paid for by Borrower based on the applicable percentage of such expenses determined by dividing the then outstanding Principal by the then aggregate outstanding amount of the pool created in the Securitization which includes the Loan.
Rating Surveillance. Borrower will retain the Rating Agencies to provide rating surveillance services on any certificates issued in a Securitization. Such rating surveillance will be at the expense of Lender and such expense will be paid at the closing of the Securitization.
Rating Surveillance. Lender will retain, at its sole costs, the Rating Agencies to provide rating surveillance services on any certificates issued in a Securitization.
Rating Surveillance. 67 Section 12.5. Component Notes..................................................67
Rating Surveillance. 84 Section 9.4 Exculpation ............................................. 84 Section 9.5
Rating Surveillance. Lender will retain the Rating Agencies to provide rating surveillance services on any certificates issued in a Securitization. The pro rata share of such rating surveillance will be at the expense of Borrower.
Rating Surveillance. Lender will retain the Rating Agencies to provide rating surveillance services on Securities.
Rating Surveillance. The Borrower will cooperate with Lender to retain the Rating Agencies to provide rating surveillance services on any certificates issued in a Securitization. Such rating surveillance will be at the expense of Lender.
Rating Surveillance. The Borrower will retain the Rating Agencies to provide rating surveillance services on any certificates issued in a Securitization. Such rating surveillance will be at the expense of the Borrower in an amount determined by Lender in its reasonable discretion prior to the occurrence of a Securitization, not to exceed a maximum cost of $15,000 per year, and such expense (the "RATING SURVEILLANCE CHARGE") will be paid pursuant to the terms of the Disbursement Agreement.
