Minimum Servicing Requirements

Minimum Servicing Requirements. With respect to a special servicer appointed pursuant to Section 7.11 hereunder: (i) the proposed special servicer is (1) an affiliate of the Master Servicer that services mortgage loans similar to the Mortgage Loans in the jurisdictions in which the related Mortgaged Properties are located or (2) the proposed special servicer has a rating of at least "Above Average" by S&P and either a rating of at least "RSS2" by Fitch or a rating of... at least "SQ2" by Moody's; and (ii) the proposed special servicer has a net worth of at least $25,000,000. View More