Note C definition

Note C. The vacation year shall begin on December 31 and end on the following December 30.

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Note C means, collectively, Note C-1 and Note C-2.

Note C shall have the meaning assigned to such term in the recitals.

Examples of Note C in a sentence

• Notwithstanding the foregoing, without the Lead Securitization Noteholder’s prior consent, which may be withheld in the Lead Securitization Noteholder’s sole and absolute discretion, no Note C Holder shall Transfer all or any portion of its Note to a Borrower Restricted Party and any such Transfer shall be absolutely null and void and shall vest no rights in the purported transferee.

• The Note C Holders shall have the right, without the need to obtain the consent of any other Noteholder or any other Person, to Transfer 49% or less (in the aggregate) of its interest in its Note to any Person, provided that any such Transfer shall be made in accordance with the terms of this Section 16.

• If the subject Note is held by more than one Noteholder at any time, the holders of a majority of interest in the subject Note shall immediately appoint a representative to exercise all rights of such Note C Holder hereunder.

• The Note C Holders agree they 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.

• If the subject Note is held by more than one Noteholder at any time, the holders of a majority of the Note B Principal Balance or the Note C Principal Balance, as applicable, shall immediately appoint a representative to exercise all rights of such Subordinate Noteholder hereunder.

More Definitions of Note C

Note C means that certain promissory note C, dated January 3, 2025, as the same may be amended, modified, supplemented extended, restated or replaced, and shall include any replacement promissory notes issued in respect thereof.

Note C means, collectively, (i) those certain notes denominated "Note C" dated concurrently with the original Loan Agreement (or notes denominated Note C dated September 7, 2005, given in substitution for certain of such original notes or replacement notes given in substitution for certain of such notes in accordance with the Escrow Delivery Agreement), executed by Borrower to the order of the Lender named therein, in the aggregate original principal amount of $12,250,712.25, as the same may be Modified from time to time, and (ii) each Additional Note C. Each Note C shall constitute a "Note" for all purposes under this Agreement and the other Loan Documents.

Note C means those certain notes or note denominated “Note C” dated concurrently with the Loan Agreement, executed by Borrower to the order of the Lender named therein, in the aggregate original principal amount of $8,547,008.55, as the same may be Modified from time to time. Each Note C shall constitute a “Note” for all purposes under this Agreement and the other Loan Documents.

Note C means the promissory note designated “Replacement Promissory Note C” that is related to the Mortgage Loan and is in the original principal amount listed under “Promissory Notes” on the Mortgage Loan Schedule, as such promissory note may be amended, modified or supplemented.

Note C. A vacation year shall begin January 1 and end December 31. All employees will be required to use all vacation time accrued in the Calendar Year.

Note C means, collectively, Note C-1, Note C-2, Note C-3 and Note C-4, as each of the foregoing may be amended, restated, split, supplemented, modified, combined or replaced.”

Note C means the Promissory Note, dated as of the date hereof, issued by ▇▇▇▇▇ and payable to the order of Seller in the original principal amount of $5,000,000, in the form attached as Exhibit C hereto.