Special Servicer Agreement

Special Servicer Agreement. An agreement among the Special Servicer, the Majority Class CE Certificateholder, the Master Servicer and the Trustee which will (i) contain (a) special servicing terms, provisions and conditions for the servicing and administration of defaulted Mortgage Loans for which the servicing obligations have been transferred to the Special Servicer pursuant to this Agreement and (b) certain representations and warranties of the Special Servicer regarding the Special Servicer and the performance of its... servicing obligations and (ii) be reasonably acceptable to the Master Servicer, the Trustee and the Rating Agencies. View More