Component Notes. Lender, without in any way limiting ▇▇▇▇▇▇'s other rights hereunder, in its sole and absolute discretion, shall have the right at any time to require Borrower to execute and deliver "component" notes (including senior and junior notes) in substitution for the Note, which notes may be paid in such order of priority as may be designated by ▇▇▇▇▇▇, provided that the same is done in accordance with the terms of the Securitization Cooperation Agreement.
Appears in 1 contract
Sources: Mortgage, Security Agreement, Assignment of Rents and Fixture Filing (Parkway Properties Inc)
Component Notes. Lender, without in any way limiting ▇▇▇▇▇▇Lender's other rights hereunder, in its sole and absolute discretion, shall have the right at any time to require Borrower to execute and deliver "component" notes (including senior and junior notes) in substitution for the Note), which notes may be paid in such order of priority as may be designated by ▇▇▇▇▇▇Lender, provided that (a) the same is done in accordance with the terms of the Securitization Cooperation Agreement.118
Appears in 1 contract
Sources: Mortgage, Security Agreement, Assignment of Rents and Fixture Filing (CNL Hotels & Resorts, Inc.)