Non-Lead Servicer means any Non-Lead Master Servicer or Non-Lead Special Servicer, as the context may require.
Non-Lead Special Servicer means the “special servicer” under any Non-Lead Securitization Servicing Agreement.
Project Sponsor means an eligible governmental agency receiving program funds pursuant to an approved application.
Non-Lead Master Servicer means the “master servicer” under any Non-Lead Securitization Servicing Agreement.
Non-Lead Depositor means the “depositor” under any Non-Lead Securitization Servicing Agreement.
Non-Lead Operating Advisor means the “trust advisor”, “operating advisor” or other analogous term under any Non-Lead Securitization Servicing Agreement.
Sponsor shall have the meaning given in the Recitals hereto.
Non-Lead Trustee means the “trustee” under any Non-Lead Securitization Servicing Agreement.
Non-Lead Securitization Subordinate Class Representative means the holders of the majority of the class of securities issued in a Non-Lead Securitization designated as the “controlling class” pursuant to the related Non-Lead Securitization Servicing Agreement or their duly appointed representative; provided that if 50% or more of the class of securities issued in any Non-Lead Securitization designated as the “controlling class” or such other class(es) otherwise assigned the rights to exercise the rights of the “Controlling Noteholder” is held by the Mortgage Loan Borrower or an Affiliate of the Mortgage Loan Borrower, no person shall be entitled to exercise the rights of the related Non-Lead Securitization Subordinate Class Representative.
Non-Lead Securitization Trust means the Securitization Trust into which any Non-Lead Securitization Note is deposited.
Plan Sponsor has the meaning assigned to the term “plan sponsor” in Section 3(16)(B) of ERISA.
Lead Member shall, in the case of a joint venture, mean the member of such joint venture who shall have the authority to bind the contractor and each member of the Joint venture; and shall be deemed to be the Contractor for the purposes of this Agreement; the Lead Member shall itself undertake and perform at least 51% (fifty one per cent) of the total length of the Project Highway;