Non-Lead Note definition

Non-Lead Note means each Note other than the Lead Securitization Note.
Non-Lead Note means each Note other than the Lead Note.
Non-Lead Note means Note A-2.

Examples of Non-Lead Note in a sentence

  • 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 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.

  • The authority and obligation of the Lead Securitization Noteholder to sell each Non-Lead Note, and the obligations of each Non-Lead Noteholder to execute and deliver instruments or deliver its Non-Lead Note upon request of the Lead Securitization Noteholder, shall terminate and cease to be of any further force or effect upon the date, if any, upon which no Note is held in a Securitization.

  • Each Non-Lead Noteholder hereby appoints the Lead Securitization Noteholder as its agent, and grants to the Lead Securitization Noteholder an irrevocable power of attorney coupled with an interest, and their proxy, for the purpose of soliciting and accepting offers for and consummating the sale of its Non-Lead Note.

  • Upon the Mortgage Loan becoming a Defaulted Mortgage Loan, each Non-Lead Noteholder hereby acknowledges the right and obligation of the Lead Securitization Noteholder (or the Special Servicer acting on behalf of the Lead Securitization Noteholder) to sell each Non-Lead Note together with the Lead Securitization Note as notes evidencing one whole loan in accordance with the terms of the Servicing Agreement.

  • The Controlling Note Holder and the Non-Lead Note Holders acknowledge and agree that any successor special servicer appointed to replace the Special Servicer with respect to the Mortgage Loan that was terminated for cause at any Non-Lead Note Holder’s direction cannot at any time be the person (or an Affiliate thereof) that was so terminated without the prior written consent of such Non-Lead Note Holder.


More Definitions of Non-Lead Note

Non-Lead Note means (i) during the period from and after the Note A-2 Securitization Date and prior to the Note A-1 Securitization Date, Note A-1, and (ii) on and after the Note A-1 Securitization Date, Note A-2.
Non-Lead Note means a Note that is not the Lead Note.
Non-Lead Note means each of Note X-0-X-0, Xxxx X-0-X-0, Note A-2-A-3, Note X-0-X-0, Xxxx X-0-X-0, Note A-2-B-1, Note A-2-B-2, Note A-2-B-3, Note A-2-B-4, Note A-2-B-5, Note A-2-C-1, Note A-2-C-2, Note A-2-C-3, Note A-2-C-4, Note A-2-C-5, Note A-2-D-1, Note A-2-D-2, Note A-2-D-3, Note A-2-D-4 and Note A-2-D-5.
Non-Lead Note means each of Note X-0, Xxxx X-0, Note A-4, Note A-5 and Note A-6.
Non-Lead Note means the Note A-1.
Non-Lead Note means Note A-2 and Note A-3.
Non-Lead Note means (i) prior to the Note A-1 Securitization Date, each of the Note X-0, Xxxx X-0, Xxxx X-0, Note A-7, Note A-8, Note A-9, Note A-10 and Note A-13 (ii) from and after the Note A-1 Securitization Date, the NXS6 Notes, Note X-0, Xxxx X-0, Xxxx X-0, Xxxx X-0, Note A-9, Note A-10 and Note A-13.