Non-Lead Trustee definition

Non-Lead Trustee means the “trustee” under any Non-Lead Securitization Servicing Agreement.
Non-Lead Trustee shall have the meaning assigned to such term in Section 2(b).
Non-Lead Trustee means the Note A-2 Trustee or the Note A-3 Trustee, as the case may be.

Examples of Non-Lead Trustee in a sentence

  • Except as provided herein, including without limitation, with respect to the Trustee, Certificate Administrator, Master Servicer and Special Servicer and the Non-Lead Master Servicer, Non-Lead Special Servicer or Non-Lead Trustee, none of the provisions of this Agreement shall be for the benefit of or enforceable by any Person not a party hereto.

  • The Lead Servicer, each Non-Lead Master Servicer, the Trustee and each Non-Lead Trustee will be entitled to interest on any Advance (at a rate not to exceed the Prime Rate) made in the manner and from the sources provided in the Note A-1 PSA, the Note A-2 PSA, the Note A-3-1 PSA, the Note A-3-2 PSA, the Note A-4 PSA, the Note A-5-1 PSA, the Note A-5-2 PSA, the Note A-6 PSA and the Note A-7 PSA, as applicable.

  • Each of the Master Servicer, each Non-Lead Master Servicer, the Trustee and each Non-Lead Trustee is an intended third-party beneficiary of this Agreement.

  • The Lead Servicer and/or the Trustee will not be required to make any P&I Advance with respect to any Non-Lead Note (other than a Non-Lead Note that is also included in the Lead Securitization) and no Non-Lead Master Servicer or Non-Lead Trustee will be required to make any P&I Advance with respect to the Lead Note, any other Non-Lead Note (other than another Non-Lead Note that is also included in the same Non-Lead Securitization) or any Property Advance.

  • The Lead Servicer and/or the related Trustee will not be required to make any P&I Advance with respect to any Non-Lead Note and the related Non-Lead Master Servicer and/or the related Non-Lead Trustee will not be required to make any P&I Advance with respect to any Lead Note, any other Non-Lead Note or any Property Advance.


More Definitions of Non-Lead Trustee

Non-Lead Trustee means, with respect to each Non-Lead Securitization, the trustee under the related Non-Lead Servicing Agreement.
Non-Lead Trustee means the applicable “Trustee” under a Non-Lead Securitization Servicing Agreement.
Non-Lead Trustee means shall mean the trustee under a Non-Lead Note A PSA and any successor appointed as provided thereunder.
Non-Lead Trustee means, from and after the Note A-1 Securitization, the trustee designated under the Note A-2 TSA, the Note A-3 TSA, the Note A-4 TSA, the Note A-5 TSA, the Note A-6 TSA, the Note A-7 TSA, the Note A-8 TSA and the Note C TA.
Non-Lead Trustee means, from and after the Note A-1 Securitization, the trustee designated under the Note A-2 PSA, Note A-3 PSA, Note A-4 PSA, Note A-5 PSA and Note A-6 PSA.
Non-Lead Trustee means, from and after the Note A-1 Securitization Date, the trustee designated under the Note A-2 PSA.
Non-Lead Trustee means from and after the Note A-1 Securitization Date, the trustee designated under any Non-Lead Servicing Agreement.