Required Special Servicer Rating

Required Special Servicer Rating. Means such special servicer or manager is acting as special servicer in a commercial mortgage loan securitization that was rated by the Rating Agencies within the six (6) month period prior to the date of determination, and such Rating Agencies have not downgraded or withdrawn the then-current rating on any class of commercial mortgage securities or placed any class of commercial mortgage securities on watch citing the continuation of such special servicer or manager as special servicer of such... commercial mortgage securities as the reason for such action. View More