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

Other Business Activities of the Noteholders. Each Noteholder acknowledges that each other Noteholder or its Affiliates may make loans or otherwise extend credit to, and generally engage in any kind of business with, (i) (a) the Mortgagor or (b) any direct or indirect parent of the Mortgagor or (c) any Affiliate of the Mortgagor or (d) any Affiliate of any direct or indirect parent of the Mortgagor, (ii) any entity that is a holder of debt secured by direct or indirect ownership interests in the Mortgagor or any Affiliate of the holder of such debt, or (iii) any entity that is a holder of a preferred equity interest in the Mortgagor or any Affiliate of a holder of such preferred equity, and receive payments on such other loans or extensions of credit 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.

Appears in 9 contracts

Samples: Amended and Restated Agreement Between Noteholders (Bank5 2023-5yr2), Amended And (BMO 2023-C6 Mortgage Trust), Amended And (Bank5 2023-5yr3)

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