Non-Lead Securitization Note definition

Non-Lead Securitization Note means any Note other than the Lead Securitization Note.

Non-Lead Securitization Note means Note A-2.

Non-Lead Securitization Note means (a) during the period from and after the Securitization Date and prior to the Note A-1 Securitization Date, any of the Notes other than the first Note or portion thereof contributed to a Securitization and (b) on and after the Note A-1 Securitization Date, any of the Non-Controlling Notes.

Examples of Non-Lead Securitization Note in a sentence

• The Note Holders hereby agree that, upon the request of the Lead Securitization Note Holder, each Non-Lead Securitization Note Holder shall execute, acknowledge and deliver to the Lead Securitization Note Holder all and every such further deeds, conveyances and instruments as the Lead Securitization Note Holder may reasonably request for the better assuring and evidencing of the foregoing appointment and grant.

• Each Note Holder further agrees that only the Lead Securitization Note Holder, and not any Non-Lead Securitization Note Holder, can make any election, give any consent, commence any action or file any motion, claim, obligation, notice or application or take any other action in any case by or against the Mortgage Loan Borrower under the Bankruptcy Code or in any other Insolvency Proceeding.

• Each Non-Lead Securitization Note Holder acknowledges that the information provided by it to the Lead Securitization Note Holder may be incorporated into the offering documents for the Lead Securitization.

• The Lead Securitization Note Holder and each Rating Agency shall be entitled to rely on the information supplied by, or on behalf of, each Non-Lead Securitization Note Holder.

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

More Definitions of Non-Lead Securitization Note

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

Non-Lead Securitization Note means any Note (other than a Lead Securitization Note), including any New Note designated as a “Non-Lead Securitization Note” hereunder pursuant to Section 32.

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

Non-Lead Securitization Note means a Senior Note that is neither the Lead Securitization Note nor otherwise part of the Lead Securitization.

Non-Lead Securitization Note means Note A-2; provided that, if the Note A-2 Securitization occurs prior to the Note A-1 Securitization, then Note A-1 shall be the Non-Lead Securitization Note until such time as the Note A-1 Securitization occurs, at which time Note A-2 shall be the Non-Lead Securitization Note.

Non-Lead Securitization Note means during the period from and after the Note A-1 Securitization Date, Note A-2, Note A-3 and Note A-4.

Non-Lead Securitization Note means each of Note X-0, Xxxx X-0 and Note A-4.