Initial Agent Sample Clauses

Initial Agent. Xxxxxx Xxxxxxx Mortgage Capital Holdings LLC 0000 Xxxxxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Xxxx Xxx with a copy to: Xxxxxx Xxxxxxx Mortgage Capital Holdings LLC 0000 Xxxxxxxx, 00xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Legal Compliance Division and a copy by e-mail to: xxxx_xxxxxxx@xxxxxxxxxxxxx.xxx EXHIBIT C PERMITTED FUND MANAGERS
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Initial Agent. (a) Initial Agent is acting as initial agent under this Agreement, the Building Loan Mortgage and the Building Loan Assignment of Leases solely for the purpose of making available to Borrower an exemption from mortgage recording tax so that the Project may be financially feasible for Borrower. In order to accomplish the foregoing, Initial Agent hereby agrees to file this Agreement with the New York County Clerk’s Office and to submit the Building Loan Mortgage and the Building Loan Assignment of Leases to the Office of the City Register of New York County for recordation. Upon such filing of this Agreement and such submission for recording of the Building Loan Mortgage and the Building Loan Assignment of Leases, effective immediately, automatically and without any further action whatsoever, Initial Agent shall be deemed to have (i) resigned as the initial agent (and the parties hereto consent to and accept such resignation), and (ii) assigned unto Agent all of Initial Agent’s right, title and interest as initial agent under this Agreement, the Building Loan Mortgage and the Building Loan Assignment of Leases (and Agent shall be deemed to have consented to and accepted such assignments). The foregoing assignments are made without recourse, representation or warranty by Initial Agent, in any case or event or for any purpose whatsoever. In confirmation of (and simultaneously with) the foregoing assignments, Initial Agent and Agent shall execute an assignment and assumption agreement evidencing such assignment which shall be filed in the New York County Clerk’s Office immediately after the filing of the Building Loan Agreement in such office and submitted for recording in the Office of the City Register of New York County immediately after the submission of the Building Loan Mortgage and the Building Loan Assignment of Leases.
Sample 1
Initial Agent. The initial agent for service of process on the Company shall be Xxxxxx X. Xxxx, 0000 Xxxxxxx Xxxxxx, Suite 1500, Los Angeles, CA 90024. The Members may from time to time change the Company’s agent for service of process.
Sample 1
Initial Agent. The initial agent for services of process of the Company shall be Xxxxx Xxxxxxxx and her address is Xxxxxxxx Xxxx, 4 Calle Mexico Xxxx. 000, Xxx Xxxx, Puerto Rico 00917-2206. The Manager may from time to time change the Company's agent for services of process.
Sample 1

Related to Initial Agent

  • Appointment of Controlling Note Holder Representative and Non-Controlling Note Holder Representative (a) The Controlling Note Holder shall have the right at any time to appoint a representative in connection with the exercise of its rights and obligations with respect to the Mortgage Loan (the “Controlling Note Holder Representative”). The Controlling Note Holder shall have the right in its sole discretion at any time and from time to time to remove and replace the Controlling Note Holder Representative. When exercising its various rights under Section 5 and elsewhere in this Agreement, the Controlling Note Holder may, at its option, in each case, act through the Controlling Note Holder Representative. The Controlling Note Holder Representative may be any Person (other than the Mortgage Loan Borrower, its principal or any Affiliate of the Mortgage Loan Borrower), 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. No such Controlling Note Holder Representative shall owe any fiduciary duty or other duty to any other Person (other than the Controlling Note Holder). All actions that are permitted to be taken by the Controlling Note Holder under this Agreement may be taken by the Controlling Note Holder Representative acting on behalf of the Controlling Note Holder. Any Servicer acting on behalf of the Lead Securitization Note Holder shall not be required to recognize any Person as a Controlling Note Holder Representative until the Controlling Note Holder has notified the Servicer or Trustee of such appointment and, if the Controlling Note Holder Representative is not the same Person as the Controlling Note Holder, the Controlling Note Holder Representative provides any Servicer or Trustee with written confirmation of its acceptance of such appointment, an address and facsimile number for the delivery of notices and other correspondence and a list of officers or employees of such person with whom the parties to this Agreement may deal (including their names, titles, work addresses and facsimile numbers). The Controlling Note Holder shall promptly deliver such information to any Servicer. None of the Servicers, Operating Advisor and Trustee shall be required to recognize any person as a Controlling Note Holder Representative until they receive such information from the Controlling Note Holder. The Controlling Note Holder agrees to inform each such Servicer or Trustee of the then-current Controlling Note Holder Representative.

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