Common use of No Creation of a Partnership or Exclusive Purchase Right Clause in Contracts

No Creation of a Partnership or Exclusive Purchase Right. Nothing contained in this Agreement, and no action taken pursuant hereto shall be deemed to constitute the relationship created hereby between any of the Noteholders as a partnership, association, joint venture or other entity. None of the Note A-1-A Holders or the Note A-2 Holder shall have any obligation whatsoever to offer to any Subordinate Fixed Rate Noteholder the opportunity to purchase a Note interest in any future loans originated by any Note A-1-A Holder or the Note A-2 Holder or its respective Affiliates, and if any Note A-1-A Holder or the A-2 Holder chooses to offer to any Subordinate Fixed Rate Noteholder the opportunity to purchase a Note interest in any future mortgage loans originated by such Note A-1-A Holder or Note A-2 Holder or its respective Affiliates, such offer shall be at such purchase price and interest rate as such Note A-1-A Holder or Note A-2 Holder chooses, in its sole and absolute discretion. No Subordinate Fixed Rate Noteholder shall have any obligation whatsoever to purchase from any Note A-1-A Holder or the Note A-2 Holder a Note interest in any future loans originated by such Note A-1-A Holder or Note A-2 Holder or its respective Affiliates.

No Creation of a Partnership or Exclusive Purchase Right. Nothing contained in this Agreement, and no action taken pursuant hereto shall be deemed to constitute the relationship created hereby between among any of the Noteholders as a partnership, association, joint venture or other entity. None of the The Note A-1-A Holders or A-1 Holder and the Note A-2 Holder shall have any no obligation whatsoever to offer to any Subordinate Fixed Rate the Junior Noteholder the opportunity to purchase a Note interest in any future loans originated by any the Note A-1-A A-1 Holder or the Note A-2 Holder or its respective Affiliates, their Affiliates and if any the Note A-1-A A-1 Holder or the Note A-2 Holder chooses to offer to any Subordinate Fixed Rate Junior Noteholder the opportunity to purchase a Note interest in any future mortgage loans originated by such the Note A-1-A A-1 Holder or the Note A-2 Holder or its respective their Affiliates, such offer shall be at such purchase price and interest rate as such the Note A-1-A A-1 Holder or Note A-2 Holder chooses, in its sole and absolute discretion. No Subordinate Fixed Rate The Junior Noteholder shall not have any obligation whatsoever to purchase from any the Note A-1-A A-1 Holder or the Note A-2 Holder a Note interest in any future loans originated by such the Note A-1-A A-1 Holder or Note A-2 Holder or its respective their Affiliates.

No Creation of a Partnership or Exclusive Purchase Right. Nothing contained in this Agreement, and no action taken pursuant hereto shall be deemed to constitute the relationship created hereby between among any of the Noteholders as a partnership, association, joint venture or other entity. None of the The Note A-1-A Holders or A-1 Holder, the Note A-2 Holder and the Note A-3 Holder shall have any no obligation whatsoever to offer to any Subordinate Fixed Rate Noteholder Note B Holder the opportunity to purchase a Note interest in any future loans originated by any the Note A-1-A A-1 Holder, the Note A-2 Holder and the Note A-3 Holder or their Affiliates and if the Note A-1 Holder, the Note A-2 Holder or its respective Affiliates, and if any the Note A-1-A Holder or the A-2 A-3 Holder chooses to offer to any Subordinate Fixed Rate Noteholder Note B Holder the opportunity to purchase a Note interest in any future mortgage loans originated by such the Note A-1-A Holder or A-1 Holder, the Note A-2 Holder or its respective the Note A-3 Holder or their Affiliates, such offer shall be at such purchase price and interest rate as such the Note A-1-A A-1 Holder, the Note A-2 Holder or the Note A-2 A-3 Holder chooses, in its sole and absolute discretion. No Subordinate Fixed Rate Noteholder Note B Holder shall have any obligation whatsoever to purchase from any the Note A-1-A A-1 Holder, the Note A-2 Holder or the Note A-2 A-3 Holder a Note interest in any future loans originated by such the Note A-1-A Holder or A-1 Holder, the Note A-2 Holder or its respective the Note A-3 Holder or their Affiliates.

No Creation of a Partnership or Exclusive Purchase Right. Nothing contained in this Agreement, and no action taken pursuant hereto shall be deemed to constitute the relationship created hereby between among any of the Noteholders as a partnership, association, joint venture or other entity. None of the The Note A-1-A Holders or A-1 Holder and the Note A-2 Holder shall have any no obligation whatsoever to offer to any Subordinate Fixed Rate Noteholder the Note B Holder the opportunity to purchase a Note interest in any future loans originated by any the Note A-1-A A-1 Holder or the Note A-2 Holder or its respective Affiliates, their Affiliates and if any the Note A-1-A A-1 Holder or the Note A-2 Holder chooses to offer to any Subordinate Fixed Rate Noteholder Note B Holder the opportunity to purchase a Note interest in any future mortgage loans originated by such the Note A-1-A A-1 Holder or the Note A-2 Holder or its respective their Affiliates, such offer shall be at such purchase price and interest rate as such the Note A-1-A A-1 Holder or Note A-2 Holder chooses, in its sole and absolute discretion. No Subordinate Fixed Rate Noteholder The Note B Holder shall not have any obligation whatsoever to purchase from any the Note A-1-A A-1 Holder or the Note A-2 Holder a Note interest in any future loans originated by such the Note A-1-A A-1 Holder or Note A-2 Holder or their Affiliates, and if the Note B Holder chooses to offer to Note A-1 Holder or Note A-2 Holder the opportunity to purchase a Note interest in any future mortgage loans originated by the Note B Holder or their Affiliates, such offer shall be at such purchase price and interest rate as the Note B Holder chooses, in its respective Affiliatessole and absolute discretion.

No Creation of a Partnership or Exclusive Purchase Right. Nothing contained in this Agreement, and no action taken pursuant hereto shall be deemed to constitute the relationship created hereby between among any of the Noteholders as a partnership, association, joint venture or other entity. None of the The Note A-1-A Holders or A-1 Holder and the Note A-2 Holder shall have any no obligation whatsoever to offer to any Subordinate Fixed Rate Noteholder the Note B Holder the opportunity to purchase a Note interest in any future loans originated by any the Note A-1-A A-1 Holder or the Note A-2 Holder or its respective Affiliates, their Affiliates and if any the Note A-1-A A-1 Holder or the Note A-2 Holder chooses to offer to any Subordinate Fixed Rate Noteholder Note B Holder the opportunity to purchase a Note interest in any future mortgage loans originated by such the Note A-1-A A-1 Holder or the Note A-2 Holder or its respective their Affiliates, such offer shall be at such purchase price and interest rate as such the Note A-1-A A-1 Holder or Note A-2 Holder chooses, in its sole and absolute discretion. No Subordinate Fixed Rate Noteholder The Note B Holder shall not have any obligation whatsoever to purchase from any the Note A-1-A A-1 Holder or the Note A-2 Holder a Note interest in any future loans originated by such the Note A-1-A A-1 Holder or Note A-2 Holder or its respective their Affiliates.

No Creation of a Partnership or Exclusive Purchase Right. Nothing contained in this Agreement, and no action taken pursuant hereto shall be deemed to constitute the relationship created hereby between among any of the Noteholders as a partnership, association, joint venture or other entity. None of the The Note A-1-A Holders or A-1 Holder and the Note A-2 Holder shall have any no obligation whatsoever to offer to any Subordinate Fixed Rate Noteholder Note B Holder the opportunity to purchase a Note interest in any future loans originated by any the Note A-1-A A-1 Holder or the Note A-2 Holder or its respective Affiliates, their Affiliates and if any the Note A-1-A A-1 Holder or the Note A-2 Holder chooses to offer to any Subordinate Fixed Rate Noteholder Note B Holder the opportunity to purchase a Note interest in any future mortgage loans originated by such the Note A-1-A A-1 Holder or the Note A-2 Holder or its respective their Affiliates, such offer shall be at such purchase price and interest rate as such the Note A-1-A A-1 Holder or Note A-2 Holder chooses, in its sole and absolute discretion. No Subordinate Fixed Rate Noteholder Each Note B Holder shall not have any obligation whatsoever to purchase from any the Note A-1-A A-1 Holder or the Note A-2 Holder a Note interest in any future loans originated by such the Note A-1-A A-1 Holder or Note A-2 Holder or its respective their Affiliates.

No Creation of a Partnership or Exclusive Purchase Right. Nothing contained in this Agreement, and no action taken pursuant hereto shall be deemed to constitute the relationship created hereby between any of the Noteholders as a partnership, association, joint venture or other entity. None of Neither the Note A-1-A Holders or A-1 Holder nor the Note A-2 Holder shall have any obligation whatsoever to offer to any Subordinate Fixed Rate Noteholder the opportunity to purchase a Note interest in any future loans originated by any the Note A-1-A A-1 Holder or the Note A-2 Holder Holder, as applicable, or its respective Affiliates, and if any such Note A-1-A A-1 Holder or the Note A-2 Holder chooses to offer to any Subordinate Fixed Rate Noteholder the opportunity to purchase a Note interest in any future mortgage loans originated by such the Note A-1-A A-1 Holder or the Note A-2 Holder or its their respective Affiliates, such offer shall be at such purchase price and interest rate as such the Note A-1-A A-1 Holder or Note A-2 Holder Holder, as applicable, chooses, in its sole and absolute discretion. No Subordinate Fixed Rate Noteholder shall have any obligation whatsoever to purchase from any either the Note A-1-A A-1 Holder or the Note A-2 Holder a Note interest in any future loans originated by such Note A-1-A A-1 Holder or Note A-2 Holder or its their respective Affiliates.

No Creation of a Partnership or Exclusive Purchase Right. Nothing contained in this Agreement, and no action taken pursuant hereto shall be deemed to constitute the relationship created hereby between any of the Noteholders as a partnership, association, joint venture or other entity. None similar arrangement between the Note A Holder and the Note B Holder, and the Note A Holder (including any Servicer) shall have no fiduciary duties in favor of the Note A-1-A Holders or B Holder or, except as expressly set forth herein, have any obligations to the Note A-2 Holder B Holder; provided, however, the Mortgage Loan must be serviced in accordance with the Servicing Agreement and the Servicing Standard. No holder of Note A or Note B shall have any obligation whatsoever to offer to any Subordinate Fixed Rate Noteholder the other the opportunity to purchase a Note interest in notes or participation interests relating to any future loans originated by any either Note A-1-A Holder or the its affiliates, or Note A-2 B Holder or its respective Affiliatesaffiliates, and if any a holder of Note A-1-A Holder or the A-2 Holder Note B chooses to offer to any Subordinate Fixed Rate Noteholder the other the opportunity to purchase a Note interest notes or any participation interests in any future mortgage loans originated by such Note A-1-A Holder or Note A-2 Holder holder or its respective Affiliatesaffiliates, such offer shall be on such terms and at such purchase price and interest rate as such Note A-1-A Holder or Note A-2 Holder holder chooses, in its sole and absolute discretion. No Subordinate Fixed Rate Noteholder Except as otherwise expressly agreed to by the parties hereto, neither the Note B Holder nor the Note A Holder shall have any obligation whatsoever to purchase from the other any Note A-1-A Holder notes or the Note A-2 Holder a Note interest participation interests in any future loans originated by such Note A-1-A Holder or Note A-2 Holder holder or its respective Affiliatesaffiliates.

No Creation of a Partnership or Exclusive Purchase Right. Nothing contained in this Agreement, and no action taken pursuant hereto shall be deemed to constitute the relationship created hereby between any of the Noteholders as a partnership, association, joint venture or other entity. None of the The Note A-1-A Holders or the Note A-2 Holder shall not have any obligation whatsoever to offer to any Subordinate Fixed Rate Noteholder the opportunity to purchase a Note interest in any future loans originated by any the Note A-1-A Holder or the Note A-2 Holder or its respective Affiliates, and if any such Note A-1-A Holder or the A-2 Holder chooses to offer to any Subordinate Fixed Rate Noteholder the opportunity to purchase a Note interest in any future mortgage loans originated by the Note A Holder or their respective Affiliates, such offer shall be at such purchase price and interest rate as the Note A Holder chooses, in its sole and absolute discretion. No Subordinate Noteholder shall have any obligation whatsoever to purchase from the Note A Holder a Note interest in any future loans originated by such Note A Holder or its Affiliates, and if any Note B Holder chooses to offer to the Note A Holder the opportunity to purchase a Note interest in any future mortgage loans originated by such Note A-1-A Holder or Note A-2 B Holder or its respective Affiliates, such offer shall be at such purchase price and interest rate as such Note A-1-A Holder or Note A-2 B Holder chooses, in its sole and absolute discretion. No Subordinate Fixed Rate Noteholder shall have any obligation whatsoever to purchase from any Note A-1-A Holder or the Note A-2 Holder a Note interest in any future loans originated by such Note A-1-A Holder or Note A-2 Holder or its respective Affiliates.