Common use of Other Business Activities of the Noteholders Clause in Contracts

Other Business Activities of the Noteholders. The Junior Noteholder acknowledges that any Senior Noteholder or its Affiliates may make loans or otherwise extend credit to, and generally engage in any kind of business with, the Mortgage Loan Borrower or any direct or indirect parent or Affiliate thereof, any property manager, any Accelerated Mezzanine Loan Lender or any Affiliate thereof, or any Person that is a holder of a preferred equity interest in the Mortgage Loan Borrower, any principal thereof or any Affiliate thereof (the Mortgage Loan Borrower and such other Persons, each, a “Mortgage Loan Borrower Related Party”), and receive payments on such other loans or extensions of credit to the Mortgage Loan Borrower or such other Persons and otherwise act with respect thereto freely and without accountability in the same manner as if this Agreement and the transactions contemplated hereby were not in effect.

Other Business Activities of the Noteholders. The Each Junior Noteholder acknowledges that any Senior Noteholder or its Affiliates may make loans or otherwise extend credit to, and generally engage in any kind of business with, the Mortgage Loan Borrower or any direct or indirect parent or Affiliate thereof, any property manager, any Accelerated Mezzanine Loan Lender or any Affiliate thereof, or any Person that is a holder of a preferred equity interest in the Mortgage Loan Borrower, any principal thereof or any Affiliate thereof (the Mortgage Loan Borrower and such other Persons, each, a “Mortgage Loan Borrower Related Party”), and receive payments on such other loans or extensions of credit to the Mortgage Loan Borrower or such other Persons and otherwise act with respect thereto freely and without accountability in the same manner as if this Agreement and the transactions contemplated hereby were not in effect.

Other Business Activities of the Noteholders. The Junior Each Noteholder acknowledges that any Senior Noteholder the other Noteholders or its their Affiliates may make loans or otherwise extend credit to, and generally engage in any kind of business with, the Mortgage Loan Borrower or any direct or indirect parent or Affiliate thereof, any property managerentity that is a holder of debt secured by direct or indirect ownership interests in the Mortgage Loan Borrower, any Accelerated Mezzanine Loan Lender principal thereof or any Affiliate thereof, thereof or any Person entity that is a holder of a preferred equity interest in the Mortgage Loan Borrower, any principal thereof Borrower or any Affiliate thereof (the Mortgage Loan Borrower and such other Persons, each, a “Mortgage Loan Borrower Related Party”), and receive payments on such other loans or extensions of credit to the Mortgage Loan Borrower or such other Persons Related Parties and otherwise act with respect thereto freely and without accountability in the same manner as if this Agreement and the transactions contemplated hereby were not in effect.

Other Business Activities of the Noteholders. The Junior Noteholder acknowledges that any the Senior Noteholder or its Affiliates may make loans or otherwise extend credit to, and generally engage in any kind of business with, the Mortgage Loan Borrower or any direct or indirect parent or Affiliate thereof, any property manager, any Accelerated Mezzanine entity that is a holder of debt secured by direct or indirect ownership interests in the Mortgage Loan Lender Borrower or any Affiliate thereof, thereof or any Person entity that is a holder of a preferred equity interest in the Mortgage Loan Borrower, any principal thereof or any Affiliate thereof (the Mortgage Loan Borrower and such other Persons, each, a “Mortgage Loan Borrower Related Party”), and receive payments on such other loans or extensions of credit to the Mortgage Loan Borrower or such other Persons Related Parties and otherwise act with respect thereto freely and without accountability in the same manner as if this Agreement and the transactions contemplated hereby were not in effect.