Common use of Cooperation with Rating Agencies Clause in Contracts

Cooperation with Rating Agencies. In the event this Loan becomes an asset of a securitization underwritten by Lender or any of its Affiliates, Borrower, prior to such securitization, shall implement any and all operations and maintenance plans recommended for asbestos or other environmental matters recommended in any environmental report and complete all surveys in connection therewith; provided, however, that nothing contained in this paragraph (B) shall limit the obligations of Borrower contained in this Mortgage or the other Loan Documents. In addition, Borrower shall (i) gather any environmental information required by the Rating Agencies in connection with such a securitization, (ii) at Lender's request, meet with representatives of such Rating Agencies to discuss the business and operations of the Mortgaged Property, and (iii) cooperate with the requests of the Rating Agencies in connection with all of the foregoing as well as in connection with all other matters, including, without limitation, entering into any amendments or modifications to this Mortgage or to any other Loan Document as may be required by the Rating Agencies; provided, however, that such amendments or modifications shall not increase Borrower's obligations or materially decrease Borrower's rights and benefits under the Loan Documents; further provided that Borrower shall not be obligated under this paragraph (B) to expend any of its funds or incur any expense to comply herewith.

Cooperation with Rating Agencies. In the event this Loan becomes an asset of a securitization Securitization underwritten by Lender or any of its Affiliates, Borrower, prior to such securitizationSecuritization, shall implement any and all operations and maintenance plans recommended for asbestos or other environmental matters recommended in any environmental report and complete all surveys in connection therewith; provided, however, that nothing contained in this paragraph (B) Section 45 shall limit the obligations of Borrower contained in this Mortgage or the other Loan Documents. In addition, Borrower shall use its reasonable efforts to (i) gather any environmental information required by the Rating Agencies in connection with such a securitization, (ii) at Lender's request, meet with representatives of such Rating Agencies to discuss the business and operations of the Mortgaged Property, and (iii) cooperate with the requests of the Rating Agencies in connection with all of the foregoing as well as in connection with all other matters, including, without limitation, entering into any amendments or modifications to this Mortgage or to any other Loan Document as may be required by the Rating Agencies; provided, however, that provided such amendments or modifications shall do not materially increase Borrower's obligations or materially decrease Borrower's rights and benefits under any of the Loan Documents; further provided that Borrower shall not be obligated under this paragraph (B) to expend any of its funds or incur any expense to comply herewith.

Cooperation with Rating Agencies. In the event this Loan becomes an asset of a securitization underwritten by Lender Mortgagee or any of its Affiliates, BorrowerMortgagor, prior to such securitization, shall implement any and all operations and maintenance plans recommended for asbestos or other environmental matters recommended in any environmental report and complete all surveys in connection therewith; provided, however, that nothing contained in this paragraph (Bb) shall limit the obligations of Borrower Mortgagor contained in this Mortgage or the other Loan Documents. In addition, Borrower Mortgagor shall (i) gather any environmental information required by the Rating Agencies in connection with such a securitization, (ii) at LenderMortgagee's request, meet with representatives of such Rating Agencies to discuss the business and operations of the Mortgaged Property, and (iii) cooperate with the requests of the Rating Agencies in connection with all of the foregoing as well as in connection with all other matters, including, without limitation, entering into any amendments or modifications to this Mortgage or to any other Loan Document as may be required by the Rating Agencies; provided, however, that such amendments or modifications shall not increase BorrowerMortgagor's obligations or materially decrease BorrowerMortgagor's rights and benefits under the Loan Documents; further provided that Borrower Mortgagor shall not be obligated under this paragraph (B) to expend any of its funds or incur any expense to comply herewith.