Common use of Resizing Clause in Contracts

Resizing. In connection with the Mortgage Loan, the Junior Noteholder agrees that if, in connection with the Securitization, it is advantageous to resize or otherwise change the size of the Senior Note, the Junior Noteholder shall reasonably cooperate with the Senior Noteholder to resize the Senior Note in connection therewith and shall reasonably cooperate with the Senior Noteholder to amend this Agreement to split the Senior Note into a Note A and Note B and recharacterize the Junior Note as Note C with the same rights and remedies as set forth herein. In connection with the resizing of the Notes, the Senior Noteholder may allocate its rights hereunder among the new notes obtained by such Noteholder in any manner in its sole discretion.

Resizing. In connection with the Mortgage Loan, the Junior Noteholder agrees that if, in connection with the Securitization, it is advantageous to resize or otherwise change the size of the Senior Note, the Junior Noteholder shall reasonably cooperate with the Senior Noteholder to resize the Senior Note in connection therewith and shall reasonably cooperate with the Senior Noteholder to amend this Agreement agreement to split decrease the Senior Note into by up to $2,000,000 with a Note A and Note B and recharacterize corresponding increase in the Junior Note as Note C with the same rights and remedies as set forth herein. In connection with the resizing of the Notes, the Senior Noteholder may allocate its rights hereunder among the new notes obtained by such Noteholder in any manner in its sole discretion.

Resizing. In connection with the Mortgage Loan, the Junior Noteholder agrees that if, in connection with the Future Securitization, it is advantageous to resize or otherwise change the size of the Senior NoteNotes, the Junior Noteholder shall reasonably cooperate with the Senior Noteholder to resize the Senior Note Notes in connection therewith and shall reasonably cooperate with adjust the Senior Noteholder to amend this Agreement to split principal balances of the Senior Note into a Note A and Note B and recharacterize the Junior Note as Note C with the same rights and remedies as set forth hereinNotes accordingly. In connection with the resizing of the Notes, the Senior each Noteholder may allocate its rights hereunder among the new notes obtained by such Noteholder in any manner in its sole discretion.