Examples of Borrower Affiliate in a sentence
Subject to the terms of the Lead Securitization Servicing Agreement, each Non-Lead Securitization Note Holder (or its representative) that is not a Borrower Affiliate shall be permitted to submit an offer at any sale of the Mortgage Loan.
The Controlling Note Holder Representative may be any Person (other than the Mortgage Loan Borrower or any Borrower Affiliate), including, without limitation, the Controlling Note Holder, any officer or employee of the Controlling Note Holder, any affiliate of the Controlling Note Holder or any other unrelated third party.
Petersburg Loan means that certain loan from the Bank to the Borrower Affiliate of even date herewith in the amount of $12,820,000.00 secured by a first mortgage on the St. Petersburg Property.
The Loan shall be cross-defaulted and cross-collateralized with the St. Petersburg Loan made by the Bank to the Borrower Affiliate.
No assignment or participation may be made to a Borrower, Affiliate of a Borrower, Defaulting Lender or natural person.