Not a Security. No Note shall be deemed to be a security within the meaning of the Act or the Exchange Act.
Appears in 56 contracts
Sources: Agreement Between Note Holders (Morgan Stanley Bank of America Merrill Lynch Trust 2025-5c2), Agreement Between Note Holders (Bank5 2025-5yr17), Agreement Between Note Holders (BBCMS Mortgage Trust 2025-5c37)
Not a Security. No Note shall be deemed to be a security within the meaning of the Securities Act or the Exchange Act.
Appears in 34 contracts
Sources: Agreement Between Noteholders (Benchmark 2026-V20 Mortgage Trust), Agreement Between Noteholders (Benchmark 2026-V20 Mortgage Trust), Agreement Between Noteholders (Benchmark 2026-V20 Mortgage Trust)
Not a Security. No Note shall be deemed to be a security within the meaning of the 1933 Act or the Exchange Act.
Appears in 9 contracts
Sources: Agreement Between Noteholders (Morgan Stanley Bank of America Merrill Lynch Trust 2025-5c2), Agreement Between Noteholders (BMO 2025-5c12 Mortgage Trust), Agreement Between Noteholders (Benchmark 2025-V17 Mortgage Trust)
Not a Security. No Subordinate Note shall be deemed to be a security within the meaning of the Securities Act or the Exchange Act.
Appears in 4 contracts
Sources: Agreement Between Noteholders (Benchmark 2019-B12 Mortgage Trust), Agreement Between Noteholders (GS Mortgage Securities Trust 2019-Gc40), Agreement Between Noteholders (Benchmark 2019-B11 Mortgage Trust)