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, 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.

Appears in 4 contracts

Samples: Agreement Among Noteholders (Citigroup Commercial Mortgage Trust 2018-C5), Agreement (UBS Commercial Mortgage Trust 2017-C4), Agreement Among Noteholders (JPMDB Commercial Mortgage Securities Trust 2018-C8)

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