Initial Note Holder definition

Initial Note Holder means each of the Initial Note A-1 Holder, the Initial Note A-2 Holder, the Initial Note A-3-1 Holder, the Initial Note A-3-2 Holder, the Initial Note A-4 Holder, the Initial Note A-5-1 Holder, the Initial Note A-5-2 Holder, the Initial Note A-6 Holder and the Initial Note A-7 Holder.

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Initial Note Holder means each of the Note A-1 Holder and the Note A-2 Holder named on the cover page hereof.

Initial Note Holder or “Initial Note Holders” shall mean, individually and/or collectively, as the context may require, Barclays, JPM and WFB in their respective capacity as initial holder of their respective Notes as more particularly set forth on Schedule II attached hereto.

Examples of Initial Note Holder in a sentence

Each Non-Controlling Note Holder (if it is not the Lead Securitization Note Holder) shall provide notice of its identity and contact information (including any change thereof) to the Trustee, Certificate Administrator, the Master Servicer and the Special Servicer; provided, that each Initial Note Holder shall be deemed to have provided such notice on the date hereof.
The preceding sentence shall not be construed to grant to a Non-Lead Securitization Note Holder the benefit of any representation or warranty made by such Initial Note Holder or any document delivery obligation imposed on such Initial Note Holder under any mortgage loan purchase and sale agreement, instrument of transfer or other document or instrument that may be executed or delivered by such Initial Note Holder in connection with the Lead Securitization.
The servicing fee payable to the Initial Servicer shall be as agreed to by all of the Initial Note Holders and paid out of collection on the Mortgage Loan by each Initial Note Holder on a pro rata basis in accordance with its Pro Rata Share.
Each Initial Note Holder shall have no liability to any other Note Holder with respect to its Note except with respect to losses actually suffered due to the gross negligence, willful misconduct or breach of this Agreement on the part of such Initial Note Holder; provided, however, that to the extent that any Securitization Servicing Agreement imposes a different standard of care on any party thereto, then such Securitization Servicing Agreement shall control.

More Definitions of Initial Note Holder

Initial Note Holder and “Initial Note Holders” shall have the meaning assigned to such term in the preamble to this Agreement.

Initial Note Holder means any Initial Note A Holder or Initial Note B Holder.

Initial Note Holder means each of the Note A-1-1 Holder, the Note A-1-2 Holder, the Note A-1-3 Holder, the Note A-1-4 Holder, the Note A-1-5 Holder, the Note A-1-6 Holder, the Note A-2-1 Holder, the Note A-2-2 Holder, the Note A-2-3 Holder, the Note A-2-4 Holder, the Note A-2-5 Holder, the Note A-2-6 Holder, the Note A-3-1 Holder, the Note A-3-2 Holder, the Note A-3-3 Holder, the Note A-3-4 Holder, the Note A-3-5 Holder, the Note A-4-1 Holder, the Note A-4-2 Holder, the Note A-4-3 Holder, the Note A-4-4 Holder, the Note A-4-5 Holder, the Note A-4-6 Holder, the Note A-5-1 Holder, the Note A-5-2 Holder, the Note A-5-3 Holder and the Note A-5-4 Holder named on the cover page hereof.

Initial Note Holder or “Initial Note Holders” shall mean, individually and/or collectively, as the context may require, Initial Note A-1 Holder, Initial Note A-2 Holder, Initial Note A-3 Holder, Initial Note A-4 Holder, Initial Note A-5 Holder, Initial Note A-6 Holder, Initial Note A-7 Holder, Initial Note A-8 Holder, Initial Note A-9 Holder, Initial Note A-10 Holder, Initial Note A-11 Holder, Initial Note A-12 Holder, Initial Note A-13 Holder, and Initial Note A-14 Holder.

Initial Note Holder means each of the Initial Note A-1 Holder and the Initial Note A-2 Holder (each as defined in Section 18 of this Agreement).

Initial Note Holder shall have the meaning assigned such term in the recitals.

Initial Note Holder means Oramed Pharmaceuticals Inc., a Delaware corporation.