Lead Noteholder definition

Lead Noteholder means the holder of the Lead Note.
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Lead Noteholder means the Majority Noteholder or the Noteholder appointed by the Majority Noteholder.
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Lead Noteholder means, prior to the Lead Securitization Date, the Note A-1 Holder and, after the Lead Securitization Date, the Lead Securitization Noteholder.
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Examples of Lead Noteholder in a sentence

  • The Lead Noteholder shall promptly provide copies to any terminated Special Servicer of the documents referred to in the preceding sentence.

  • The Lead Noteholder (or the Servicer acting on its behalf) shall deposit such amounts to the applicable account within two (2) Business Days following the Lead Noteholder’s (or the Servicer’s acting on its behalf) receipt of properly identified and available funds from or on behalf of the Mortgage Loan Borrower.

  • The originals of all of the Mortgage Loan Documents (other than the Notes) will be held by the Lead Noteholder (or a custodian acting on behalf of the Lead Noteholder) who shall act as secured party under the Mortgage Loan Documents on behalf of the registered holders of the Notes.

  • The Lead Noteholder (or any Servicer acting on behalf of the Lead Noteholder) shall not have any fiduciary duty to any Non-Lead Noteholder in connection with the administration of the Mortgage Loan (but the foregoing shall not relieve the Lead Noteholder from the obligation to make any disbursement of funds as set forth herein).

  • The Agent may be terminated at any time upon ten (10) days prior written notice from the Lead Noteholder.

  • The Lead Noteholder (or the Servicer on its behalf) shall establish a segregated sub-account for amounts due to the each Noteholder.

  • Except as otherwise provided in this Agreement and the Servicing Agreement, no Non-Lead Noteholder shall have any interest in any property taken as security for the Mortgage Loan, provided, however, that if any such property or the proceeds of any sale, lease or other disposition thereof shall be received, then each Non- Lead Noteholder shall be entitled to receive its share of such application in accordance with the terms of this Agreement and/or the Servicing Agreement.

  • The Lead Noteholder will reasonably cooperate with the Controlling Noteholder in order to satisfy the foregoing conditions, including the Rating Agency Confirmation.

  • Additional Cure Periods shall only be permitted with the consent of the Lead Noteholder.

  • All notices and reports (including, without limitation, Asset Status Reports) required to be delivered hereunder by the Lead Noteholder (or any Servicer on its behalf) to the Controlling Noteholder shall also be delivered by the applicable party to each other Noteholder.