Optional Note Purchases definition
Examples of Optional Note Purchases in a sentence
Borrower shall not consent to or permit a prepayment in full or in part of the Mortgage Loan or Senior Mezzanine Loan (other than prepayment required under the Mortgage Loan Agreement, the Senior Mezzanine Loan Agreement or in respect of Optional Note Purchases under the Note Sales Agreement) unless it obtains the prior consent of Lender, unless the Loan shall likewise be prepaid (in the same proportion, in the case of any partial prepayment) in accordance with this Agreement.
The parties to this Agreement hereby agree and acknowledge that, except as set forth in Section 5.1 of this Agreement in connection with the payment of the purchase price for Optional Note Purchases, all payments to be made by any of the ▇▇▇▇▇▇’▇ Parties pursuant to this Agreement in connection with the purchase of Mezzanine Notes shall be paid in immediately available funds by such ▇▇▇▇▇▇’▇ Parties to Servicer.
Borrower shall not consent to or permit a prepayment in full or in part of the Mortgage Loan (other than prepayment required under the Mortgage Loan Agreement or in respect of Optional Note Purchases under the Note Sales Agreement) unless it obtains the prior consent of Lender, unless the Loan shall likewise be prepaid (in the same proportion, in the case of any partial prepayment) in accordance with this Agreement.