Non-Lead Master Servicer definition

Non-Lead Master Servicer means the “master servicer” under any Non-Lead Securitization Servicing Agreement.

Non-Lead Master Servicer shall have the meaning assigned to such term in Section 2(b).

Non-Lead Master Servicer means, with respect to any Non-Lead Note, the “master servicer” under the related PSA (other than the Non-Lead Note that is included in the Lead Securitization).

Examples of Non-Lead Master Servicer in a sentence

• Except as provided herein, including without limitation, with respect to the Trustee, Certificate Administrator, Master Servicer and Special Servicer and any Non-Lead Master Servicer, Non-Lead Special Servicer or Non-Lead Trustee, none of the provisions of this Agreement shall be for the benefit of or enforceable by any Person not a party hereto.

• The Lead Servicer and/or the related Trustee will not be required to make any P&I Advance with respect to any Non-Lead Note and the related Non-Lead Master Servicer and/or the related Non-Lead Trustee will not be required to make any P&I Advance with respect to any Lead Note, any other Non-Lead Note or any Property Advance.

• Each Subordinate Noteholder agrees it will pay the expenses of the Lead Securitization Noteholder (including all expenses of the Master Servicer and the Special Servicer) and the Non-Lead Securitization Noteholders (including all expenses of the related Non-Lead Master Servicer and the related Non-Lead Special Servicer) in connection with any such Transfer.

• Except as provided herein, including without limitation, with respect to the Trustee, Certificate Administrator, Master Servicer, Special Servicer, Non-Lead Master Servicer, Non-Lead Special Servicer, Non-Lead Trustee, none of the provisions of this Agreement shall be for the benefit of or enforceable by any Person not a party hereto.

• Except as provided herein, including without limitation, with respect to the Trustee, Certificate Administrator, Operating Advisor, Master Servicer and Special Servicer, and any Non-Lead Master Servicer, Non-Lead Special Servicer and Non-Lead Trustee, none of the provisions of this Agreement shall be for the benefit of or enforceable by any Person not a party hereto.

More Definitions of Non-Lead Master Servicer

Non-Lead Master Servicer means, with respect to Note A-2 and the Note A-2 PSA, the master servicer designated under the Note A-2 PSA.

Non-Lead Master Servicer means, (i) with respect to Note A-2, from and after the Note A-1 Securitization Date, the master servicer designated under the Note X-0 XXX, (xx) with respect to Note A-3, the master servicer designated under the Note A-3 PSA, (iii) with respect to Note A-4, the master servicer designated under the Note A-4 PSA and (iv) with respect to Note A-5, the master servicer designated under the Note A-5 PSA.

Non-Lead Master Servicer means:

Non-Lead Master Servicer means the Note A-2 Master Servicer or the Note A-3 Master Servicer, as the case may be.

Non-Lead Master Servicer means (i) from and after the First Securitization (if it is not the Note A-1 Securitization), to the extent any Note has been deposited into a Securitization, the master servicer under such related PSA, and (ii) from and after the Note A-1 Securitization, the master servicer designated under any PSA other than the Note A-1 PSA.

Non-Lead Master Servicer means, from and after the Note A-1 Securitization Date, the master servicer designated under the UBS 2017-C5 PSA.

Non-Lead Master Servicer means, (i) with respect to Note A-2-1 and the Note A-2-1 PSA, the master servicer designated under the Note X-0-0 XXX, (xx) with respect to Note A-2-2 and the Note A-2-2 PSA, the master servicer designated under the Note X-0-0 XXX, (xxx) with respect to Note A-3-1 and the Note A-3-1 PSA, the master servicer designated under the Note A-3 PSA, (iv) with respect to Note A-3-2 and the Note A-3-2 PSA, the master servicer designated under the Note A-3-2 PSA, (v) with respect to Note A-3-3 and the Note A-3-3 PSA, the master servicer designated under the Note A-3-3 PSA and (vi) with respect to Note A-4 and the Note A-4 PSA, the master servicer designated under the Note A-4 PSA.