No Creation of a Partnership or Exclusive Purchase Right. Nothing contained in this Agreement, and no action taken pursuant hereto shall be deemed to constitute the relationship created hereby between the Note Holders as a partnership, association, joint venture or other entity. No Note Holder shall have any obligation whatsoever to offer to any other Note Holder the opportunity to purchase a participation interest in any future loans originated by such Note Holder or its Affiliates and if any Note Holder chooses to offer to any other Note Holder the opportunity to purchase a participation interest in any future mortgage loans originated by such Note Holder or its Affiliates, such offer shall be at such purchase price and interest rate as such Note Holder chooses, in its sole and absolute discretion. No Note Holder shall have any obligation whatsoever to purchase from any other Note Holder a participation interest in any future loans originated by such Note Holder or its Affiliates.
No Creation of a Partnership or Exclusive Purchase Right. Nothing contained in this Agreement, and no action taken pursuant hereto shall be deemed to constitute the relationship created hereby between the Note Holders as a partnership, association, joint venture or other entity. The Lead Securitization Note Holder shall have no obligation whatsoever to offer to any Non-Lead Securitization Note Holder the opportunity to purchase a participation interest in any future loans originated by the Lead Securitization Note Holder or its Affiliates and if the Lead Securitization Note Holder chooses to offer to any Non-Lead Securitization Note Holder the opportunity to purchase a participation interest in any future mortgage loans originated by the Lead Securitization Note Holder or its Affiliates, such offer shall be at such purchase price and interest rate as the Lead Securitization Note Holder chooses, in its sole and absolute discretion. No Non-Lead Securitization Note Holder shall have any obligation whatsoever to purchase from the Lead Securitization Note Holder a participation interest in any future loans originated by the Lead Securitization Note Holder or its Affiliates.
No Creation of a Partnership or Exclusive Purchase Right. Nothing contained in this Agreement, and no action taken pursuant hereto, shall be deemed to constitute among any Holder (or the Master Servicer, Special Servicer or Trustee on its behalf) and any other Holder a partnership, association, joint venture or other entity. Each Holder (or the Master Servicer, Special Servicer or Trustee on its behalf) shall have no obligation whatsoever to offer to the other Holders the opportunity to purchase notes or interests relating to any future loans originated by such Holder or any of its Affiliates, and if any Holder chooses to offer to any of the other Holders, the opportunity to purchase notes or interests in any future mortgage loans originated by such Holder or its Affiliates, such offer shall be at such purchase price and interest rate as such Holder chooses, in its sole and absolute discretion. None of the Holders shall have any obligation whatsoever to purchase from any other Holder any notes or interests in any future loans originated by any other Holder or any of its Affiliates.
No Creation of a Partnership or Exclusive Purchase Right. Nothing contained in this Agreement, and no action taken pursuant hereto shall be deemed to constitute the relationship created hereby between or among any of the Noteholders as a partnership, association, joint venture or other entity. None of the Noteholders shall have any obligation whatsoever to offer to any other Noteholder the opportunity to purchase a Note interest in any future loans originated by such Noteholder or its Affiliates, and if such Noteholder chooses to offer to any other Noteholder the opportunity to purchase a Note interest in any future mortgage loans originated by the such Noteholder or their respective Affiliates, such offer shall be at such purchase price and interest rate as the offering Noteholder chooses, in its sole and absolute discretion. No Noteholder shall have any obligation whatsoever to purchase from any other Noteholder an interest in any future loans originated by such Noteholder or their respective Affiliates.
No Creation of a Partnership or Exclusive Purchase Right. Nothing contained in this Agreement, and no action taken pursuant hereto shall be deemed to constitute the relationship created hereby among any of the Noteholders as a partnership, association, joint venture or other entity. The Note A Holders shall have no obligation whatsoever to offer to any Note B Holder the opportunity to purchase a Note interest in any future loans originated by any Note A Holder or its Affiliates and if a Note A Holder chooses to offer to any Note B Holder the opportunity to purchase a Note interest in any future mortgage loans originated by any Note A Holder or its Affiliates, such offer shall be at such purchase price and interest rate as such Note A Holder chooses, in its sole and absolute discretion. Each Note B Holder shall not have any obligation whatsoever to purchase from any Note A Holder a Note interest in any future loans originated by such Note A Holder or its Affiliates.
No Creation of a Partnership or Exclusive Purchase Right. Nothing contained in this Agreement, and no action taken pursuant hereto shall be deemed to constitute the relationship created hereby among any of the Noteholders as a partnership, association, joint venture or other entity. The Note A-1 Holder and the Note A-2 Holder shall have no obligation whatsoever to offer to the Junior Noteholder the opportunity to purchase a Note interest in any future loans originated by the Note A-1 Holder or the Note A-2 Holder or their Affiliates and if the Note A-1 Holder or Note A-2 Holder chooses to offer to any Junior Noteholder the opportunity to purchase a Note interest in any future mortgage loans originated by the Note A-1 Holder or the Note A-2 Holder or their Affiliates, such offer shall be at such purchase price and interest rate as the Note A-1 Holder or Note A-2 Holder chooses, in its sole and absolute discretion. The Junior Noteholder shall not have any obligation whatsoever to purchase from the Note A-1 Holder or Note A-2 Holder a Note interest in any future loans originated by the Note A-1 Holder or Note A-2 Holder or their Affiliates.
No Creation of a Partnership or Exclusive Purchase Right. Nothing contained in this Agreement, and no action taken pursuant hereto shall be deemed to constitute the relationship created hereby between any of the Noteholders as a partnership, association, joint venture or other entity. None of the Note A-1-A Holder, the Note A-1-B Holder, the Note A-2-A Holder or the Note A-2-B Holder shall have any obligation whatsoever to offer to any Subordinate Noteholder the opportunity to purchase a Note interest in any future loans originated by the Note A-1-A Holder, the Note A-1-B Holder, the Note A-2-A Holder or the Note A-2-B Holder, as applicable, or its Affiliates, and if such Note A-1-A Holder, the Note A-1-B Holder, the Note A-2-A Holder or the Note A-2-B Holder chooses to offer to any Subordinate Noteholder the opportunity to purchase a Note interest in any future mortgage loans originated by the Note A-1-A Holder, the Note A-1-B Holder, the Note A-2-A Holder or the Note A-2-B Holder or their respective Affiliates, such offer shall be at such purchase price and interest rate as the Note A-1-A Holder, the Note A-1-B Holder, the Note A-2-A Holder or the Note A-2-B Holder, as applicable, chooses, in its sole and absolute discretion. No Subordinate Noteholder shall have any obligation whatsoever to purchase from either the Note A-1-A Holder, the Note A-1-B Holder, the Note A-2-A Holder or the Note A-2-B Holder a Note interest in any future loans originated by such Note A-1-A Holder, the Note A-1-B Holder, the Note A-2-A Holder, the Note A-2-B Holder or their respective Affiliates.
No Creation of a Partnership or Exclusive Purchase Right. Nothing contained in this Agreement, and no action taken pursuant hereto, shall be deemed to constitute the relationship created hereby among any of the Participants as a partnership, association, joint venture or other entity. The Senior Participant shall have no obligation whatsoever to offer to the Junior Participant the opportunity to purchase a participation interest in any future loans originated by the Senior Participant or its Affiliates and if the Senior Participant chooses to offer to the Junior Participant the opportunity to purchase a participation interest in any future mortgage loans originated by the Senior Participant or its affiliates, such offer shall be at such purchase price and interest rate as such Senior Participant chooses, in its sole and absolute discretion. The Junior Participant shall not have any obligation whatsoever to purchase from the Senior Participant a participation interest in any future loans originated by the Senior Participant or its Affiliates.
No Creation of a Partnership or Exclusive Purchase Right. Nothing contained in this Agreement, and no action taken pursuant hereto, shall be deemed to constitute the arrangement between A-1 Lender and A-2 Lender as a partnership, association, joint venture or other entity.
No Creation of a Partnership or Exclusive Purchase Right. Nothing contained in this ING Purchase Agreement, and no action taken pursuant hereto, shall be deemed to constitute the arrangement between any MBIA Party and ING a partnership, association, joint venture or other entity. Triple-A shall have no obligation whatsoever to offer to ING the opportunity to purchase any ING Receivable Interests. ING shall have no obligation whatsoever to purchase from Triple-A any ING Receivable Interests.