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 among any Holder (or the Master Servicer, Special Servicer or Trustee on its behalf) and any other Holder a partnership, association, joint venture or other entity. Each Holder (or the Master Servicer, Special Servicer or Trustee on its behalf) shall have no obligation whatsoever to offer to the other Holders the opportunity to purchase notes or interests relating to any future loans originated by such Holder or any of its Affiliates, and if any Holder chooses to offer to any of the other Holders, the opportunity to purchase notes or interests in any future mortgage loans originated by such Holder or its Affiliates, such offer shall be at such purchase price and interest rate as such Holder chooses, in its sole and absolute discretion. None of the Holders shall have any obligation whatsoever to purchase from any other Holder any notes or interests in any future loans originated by any other Holder or any of its Affiliates.

Appears in 308 contracts

Samples: Co Lender Agreement (Wells Fargo Commercial Mortgage Trust 2024-5c1), Lender Agreement (BBCMS Mortgage Trust 2024-C26), Co Lender Agreement (BBCMS Mortgage Trust 2024-C26)

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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 among between any Holder (or the Master Servicer, Special Servicer any servicer or Trustee trustee on its behalf) and any other Holder a partnership, association, joint venture or other entity. Each Holder (or the Master Servicer, Special Servicer any servicer or Trustee trustee on its behalf) shall have no obligation whatsoever to offer to the other Holders the opportunity to purchase notes or interests relating to any future loans originated by such Holder or any of its Affiliates, and if any Holder chooses to offer to any of the other Holders, the opportunity to purchase notes or interests in any future mortgage loans originated by such Holder or its Affiliates, such offer shall be at such purchase price and interest rate as such Holder chooses, in its sole and absolute discretion. None of the Holders shall have any obligation whatsoever to purchase from any other Holder any notes or interests in any future loans originated by any other Holder or any of its Affiliates.

Appears in 86 contracts

Samples: Lender Agreement (Benchmark 2024-V8 Mortgage Trust), Co Lender Agreement (BBCMS Mortgage Trust 2024-5c27), Lender Agreement (BBCMS Mortgage Trust 2024-5c27)

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 among any Holder (or the Master Servicer, Special Servicer or Trustee on its behalf) and any other Holder a partnership, association, joint venture or other entity. Each Holder (or the Master Servicer, Special Servicer or Trustee on its behalf) shall have no obligation whatsoever to offer to the other Holders Holder the opportunity to purchase notes or interests relating to any future loans originated by such Holder or any of its Affiliates, and if any Holder chooses to offer to any of the other HoldersHolder, the opportunity to purchase notes or interests in any future mortgage loans originated by such Holder or its Affiliates, such offer shall be at such purchase price and interest rate as such Holder chooses, in its sole and absolute discretion. None of the Holders Neither Holder shall have any obligation whatsoever to purchase from any the other Holder any notes or interests in any future loans originated by any the other Holder or any of its Affiliates.

Appears in 58 contracts

Samples: Co Lender Agreement (BMO 2023-C4 Mortgage Trust), Co Lender Agreement (Wells Fargo Commercial Mortgage Trust 2024-5c1), Lender Agreement (Bank5 2024-5yr7)

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 among any Holder (or the Master Servicer, Special Servicer or Trustee on its behalf) and any other Holder Holders a partnership, association, joint venture or other entity. Each Holder (or the Master Servicer, Special Servicer or Trustee on its behalf) shall have no obligation whatsoever to offer to the other Holders the opportunity to purchase notes or interests relating to any future loans originated by such Holder or any of its Affiliates, and if any Holder chooses to offer to any of the other Holders, the opportunity to purchase notes or interests in any future mortgage loans originated by such Holder or its Affiliates, such offer shall be at such purchase price and interest rate as such Holder chooses, in its sole and absolute discretion. None of the Holders shall have any obligation whatsoever to purchase from any other Holder any notes or interests in any future loans originated by any other Holder or any of its Affiliates.

Appears in 43 contracts

Samples: Co Lender Agreement (Wells Fargo Commercial Mortgage Trust 2020-C55), Co Lender Agreement (UBS Commercial Mortgage Trust 2019-C18), Co Lender Agreement (Citigroup Commercial Mortgage Trust 2019-C7)

No Creation of a Partnership or Exclusive Purchase Right. Nothing contained in this Agreement, and no action taken pursuant hereto, hereto shall be deemed to constitute among the arrangement between any Holder (one or more Holders, on the Master Servicerone hand, Special Servicer or Trustee on its behalf) and any one or more other Holder Holders, on the other hand, a partnership, association, joint venture or other entity. Each No Holder (or the Master Servicer, Special Servicer or Trustee on its behalf) shall have no any obligation whatsoever to offer to the any other Holders Holder the opportunity to purchase notes or participation interests relating to any future loans originated by such Holder or any of its Affiliates, and if any such Holder chooses in its sole discretion to offer to any of the one or more other Holders, Holders the opportunity to purchase notes or any participation interests in any future mortgage loans originated by such Holder or its Affiliates, such offer shall be at such purchase price and interest rate as such Holder chooses, in its sole and absolute discretion. None of the Holders No Holder shall have any obligation whatsoever to purchase from any one or more other Holder Holders any notes or participation interests in any future loans originated by any the other Holder or any of its respective Affiliates.

Appears in 27 contracts

Samples: Co Lender Agreement (BBCMS Mortgage Trust 2024-5c25), Co Lender Agreement (Benchmark 2024-V6 Mortgage Trust), Co Lender Agreement (Bank5 2024-5yr5)

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 among between any Holder (or the Master Servicer, Special Servicer or Trustee on its behalf) and any other Holder a partnership, association, joint venture or other entity. Each Holder (or the Master Servicer, Special Servicer or Trustee on its behalf) shall have no obligation whatsoever to offer to the other Holders the opportunity to purchase notes or interests relating to any future loans originated by such Holder or any of its Affiliates, and if any Holder chooses to offer to any of the other Holders, Holders the opportunity to purchase notes or interests in any future mortgage loans originated by such Holder or its Affiliates, such offer shall be at such purchase price and interest rate as such Holder chooses, in its sole and absolute discretion. None of the Holders shall have any obligation whatsoever to purchase from any other Holder any notes or interests in any future loans originated by any other Holder or any of its Affiliates.

Appears in 23 contracts

Samples: Lender Agreement (COMM 2019-Gc44 Mortgage Trust), Lender Agreement (Benchmark 2019-B13 Mortgage Trust), Lender Agreement (CD 2019-Cd8 Mortgage Trust)

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 among between any Holder (or the Master Servicer, Special Servicer any servicer or Trustee trustee on its behalf) and any other Holder a partnership, association, joint venture or other entity. Each Holder (or the Master Servicer, Special Servicer any servicer or Trustee trustee on its behalf) shall have no obligation whatsoever to offer to the any other Holders Holder the opportunity to purchase notes or interests relating to any future loans originated by such Holder or any of its Affiliates, and if any Holder chooses to offer to any of the other HoldersHolder, the opportunity to purchase notes or interests in any future mortgage loans originated by such Holder or its Affiliates, such offer shall be at such purchase price and interest rate as such Holder chooses, in its sole and absolute discretion. None of the Holders shall have any obligation whatsoever to purchase from any other Holder any notes or interests in any future loans originated by any other Holder or any of its Affiliates.

Appears in 18 contracts

Samples: Co Lender Agreement (Citigroup Commercial Mortgage Trust 2018-B2), Co Lender Agreement (BENCHMARK 2018-B2 Mortgage Trust), Co Lender Agreement (Benchmark 2018-B1 Mortgage Trust)

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 among any Holder (or the Master Servicer, Special Servicer or Trustee on its behalf) and any other Holder a partnership, association, joint venture or other entity. Each Holder (or the Master Servicer, Special Servicer or Trustee on its behalf) shall have no obligation whatsoever to offer to the other Holders Holder the opportunity to purchase notes or interests relating to any future loans originated by such Holder or any of its Affiliates, and if any Holder chooses to offer to any of the other HoldersHolder, the opportunity to purchase notes or interests in any future mortgage loans originated by such Holder or its Affiliates, such offer shall be at such purchase price and interest rate as such Holder chooses, in its sole and absolute discretion. None of the Holders Neither Holder shall have any obligation whatsoever to purchase from any the other Holder any notes or interests in any future loans originated by any other Holder or any of its Affiliates.

Appears in 13 contracts

Samples: Co Lender Agreement (Wells Fargo Commercial Mortgage Trust 2021-C60), Co Lender Agreement (Wells Fargo Commercial Mortgage Trust 2020-C57), Co Lender Agreement (CSAIL 2018-Cx11 Commercial Mortgage Trust)

No Creation of a Partnership or Exclusive Purchase Right. Nothing contained in this Agreement, and no action taken pursuant hereto, hereto shall be deemed to constitute among the arrangement between 38 Co-Lender Agreement(Grace Building) any Holder (one or more Holders, on the Master Servicerone hand, Special Servicer or Trustee on its behalf) and any one or more other Holder Holders, on the other hand, a partnership, association, joint venture or other entity. Each No Holder (or the Master Servicer, Special Servicer or Trustee on its behalf) shall have no any obligation whatsoever to offer to the any other Holders Holder the opportunity to purchase notes or participation interests relating to any future loans originated by such Holder or any of its Affiliates, and if any such Holder chooses in its sole discretion to offer to any of the one or more other Holders, Holders the opportunity to purchase notes or any participation interests in any future mortgage loans originated by such Holder or its Affiliates, such offer shall be at such purchase price and interest rate as such Holder chooses, in its sole and absolute discretion. None of the Holders No Holder shall have any obligation whatsoever to purchase from any one or more other Holder Holders any notes or participation interests in any future loans originated by any the other Holder or any of its respective Affiliates.

Appears in 8 contracts

Samples: Co Lender Agreement (Wells Fargo Commercial Mortgage Trust 2021-C60), Co Lender Agreement (Bank 2021-Bnk33), Co Lender Agreement (CSAIL 2021-C20 Commercial Mortgage Trust)

No Creation of a Partnership or Exclusive Purchase Right. Nothing contained in this Agreement, and no action taken pursuant hereto, hereto shall be deemed to constitute among any the Lead Note A Holder (or the Master Servicer, Special Servicer or Trustee on its behalf), the Non-Lead Note A Holders (or any Non-Lead Servicers or Non-Lead Trustees on their behalf) and any other Holder the Note B Holders as a partnership, association, joint venture or other entity. Each Holder None of the Holders (or or, in the Master case of any Note A Holder, any Servicer, Special Trustee, Non-Lead Servicer or Non-Lead Trustee on its behalf) shall have no any obligation whatsoever to offer to the any other Holders party the opportunity to purchase notes or interests relating to any future loans originated by such Holder either party or any of its their respective Affiliates, and if any Holder such party chooses to offer to any of the other Holders, another party the opportunity to purchase notes or interests in any future mortgage loans originated by such Holder it or its Affiliates, such offer shall be at such purchase price and interest rate as such Holder chooses, the applicable party chooses in its sole and absolute discretion. None of the Holders No Holder shall have any obligation whatsoever to purchase from any other another Holder any notes or interests in any future loans originated by any other another Holder or any of its Affiliates.

Appears in 5 contracts

Samples: Intercreditor Agreement (UBS Commercial Mortgage Trust 2019-C18), Intercreditor Agreement (Bank 2019-Bnk24), Intercreditor Agreement (CSAIL 2019-C18 Commercial Mortgage Trust)

No Creation of a Partnership or Exclusive Purchase Right. Nothing contained in this Agreement, and no action taken pursuant hereto, hereto shall be deemed to constitute among the arrangement between any Holder (one or more Holders, on the Master Servicerone hand, Special Servicer or Trustee on its behalf) and any one or more other Holder Holders, on the other hand, a partnership, association, joint venture or other entity. Each No Holder (or the Master Servicer, Special Servicer or Trustee on its behalf) shall have no any obligation whatsoever to offer to the any other Holders Holder the opportunity to purchase notes or participation interests relating to any future loans originated by such Holder or any of its Affiliates, and if any such Holder chooses in its sole discretion to offer to any of the one or more other Holders, Holders the opportunity to purchase notes or any participation interests in any future mortgage loans originated by such Holder or its Affiliates, such offer shall be at such purchase price and interest rate as such Holder chooses, in its sole and absolute discretion. None of the Holders No Holder shall have any obligation whatsoever to purchase from any one or more other Holder Holders any notes or participation interests in any future loans originated by any the other Holder or any of its respective Affiliates.. 49 Co-Lender Agreement(30 Xxxxxx Yards)

Appears in 5 contracts

Samples: Co Lender Agreement (Citigroup Commercial Mortgage Trust 2019-Gc43), Co Lender Agreement (Benchmark 2019-B13 Mortgage Trust), Co Lender Agreement (GS Mortgage Securities Trust 2019-Gc42)

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 among any Holder (or the Master Servicer, Special Servicer or Trustee on its behalf) and any other Holder a partnership, association, joint venture or other entity. Each Holder (or the Master Servicer, Special Servicer or Trustee on its behalf) shall have no obligation whatsoever to offer to the other Holders Holder the opportunity to purchase notes or interests relating to any future loans originated by such Holder or any of its Affiliates, and if any Holder chooses to offer to any of the other HoldersHolders\, the opportunity to purchase notes or interests in any future mortgage loans originated by such Holder or its Affiliates, such offer shall be at such purchase price and interest rate as such Holder chooses, in its sole and absolute discretion. None of the Holders shall have any obligation whatsoever to purchase from any other Holder any notes or interests in any future loans originated by any other Holder or any of its Affiliates.

Appears in 4 contracts

Samples: Lender Agreement (Wells Fargo Commercial Mortgage Trust 2019-C52), Lender Agreement (Wells Fargo Commercial Mortgage Trust 2019-C52), Lender Agreement (Wells Fargo Commercial Mortgage Trust 2019-C51)

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 among any between either Holder (or the Master Servicer, Special Servicer any servicer or Trustee trustee on its behalf) and any the other Holder a partnership, association, joint venture or other entity. Each Holder (or the Master Servicer, Special Servicer any servicer or Trustee trustee on its behalf) shall have no obligation whatsoever to offer to the other Holders Holder the opportunity to purchase notes or interests relating to any future loans originated by such Holder or any of its Affiliates, and if any either Holder chooses to offer to any of the other HoldersHolder, the opportunity to purchase notes or interests in any future mortgage loans originated by such Holder or its Affiliates, such offer shall be at such purchase price and interest rate as such Holder chooses, in its sole and absolute discretion. None Neither of the Holders shall have any obligation whatsoever to purchase from any the other Holder any notes or interests in any future loans originated by any the other Holder or any of its Affiliates.

Appears in 3 contracts

Samples: Lender Agreement (JPMDB Commercial Mortgage Securities Trust 2016-C2), Lender Agreement (Citigroup Commercial Mortgage Trust 2016-C1), Lender Agreement (JPMDB Commercial Mortgage Securities Trust 2016-C2)

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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 among any Holder (or the Master Servicer, Special Servicer or Trustee on its behalf) and any other Holder a partnership, association, joint venture or other entity. Each Holder (or the Master Servicer, Special Servicer or Trustee on its behalf) shall have no obligation whatsoever to offer to the other Holders the opportunity to purchase notes or interests relating to any future loans originated by such Holder or any of its Affiliates, and if any Holder chooses to offer to any of the other HoldersHolder, the opportunity to purchase notes or interests in any future mortgage loans originated by such Holder or its Affiliates, such offer shall be at such purchase price and interest rate as such Holder chooses, in its sole and absolute discretion. None of the Holders shall have any obligation whatsoever to purchase from any other Holder any notes or interests in any future loans originated by any other Holder or any of its Affiliates.

Appears in 3 contracts

Samples: Co Lender Agreement (Wells Fargo Commercial Mortgage Trust 2019-C53), Co Lender Agreement (UBS Commercial Mortgage Trust 2019-C17), Lender Agreement (Wells Fargo Commercial Mortgage Trust 2019-C52)

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 among any Holder (or the Master Servicer, Special Servicer or Trustee on its behalf) arrangement between Agent and any other Holder the Holders of a partnership, association, joint venture or other entity. Each Holder (or None of the Master Servicer, Special Servicer or Trustee on its behalf) Holders shall have no any obligation whatsoever to offer to the any other Holders Holder the opportunity to purchase notes or participation interests relating to any future loans originated by such Holder or any of its Affiliates, and if any such Holder chooses to offer to any of the other Holders, Holder the opportunity to purchase notes or any participation interests in any future mortgage loans originated by such Holder or its Affiliates, such offer shall be at such purchase price and interest rate as such Holder chooses, in its sole and absolute discretion. None of the Holders No Holder shall have any obligation whatsoever to purchase from any other Holder any notes or participation interests in any future loans originated by any other Holder or any of its Affiliates.

Appears in 3 contracts

Samples: Participation and Servicing Agreement (Alexanders Inc), Participation and Servicing Agreement (Alexanders Inc), Participation and Servicing Agreement (Alexanders Inc)

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 among any Holder (or the Master Servicer, Special Servicer or Trustee on its behalf) and any other Holder a partnership, association, joint venture or other entity. Each Holder (or the Master Servicer, Special Servicer or Trustee on its behalf) shall have no obligation whatsoever to offer to the other Holders Holder the opportunity to purchase notes or interests relating to any future loans originated by such Holder or any of its Affiliates, and if any Holder chooses to offer to any of the other HoldersHolder, the opportunity to purchase notes or interests in any future mortgage loans originated by such Holder or its Affiliates, such offer shall be at such purchase price and interest rate as such Holder chooses, in its sole and absolute discretion. None of the Holders shall have any obligation whatsoever to purchase from any other Holder any notes or interests in any future loans originated by any other Holder or any of its Affiliates.

Appears in 3 contracts

Samples: Co Lender Agreement (BBCMS Mortgage Trust 2020-C8), Co Lender Agreement (Wells Fargo Commercial Mortgage Trust 2020-C57), Lender Agreement (Wells Fargo Commercial Mortgage Trust 2019-C52)

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 among any Holder (or the Master Servicer, Special Servicer or Trustee on its behalf) and any the other Holder a partnership, association, joint venture or other entity. Each Holder (or the Master Servicer, Special Servicer or Trustee on its behalf) shall have no obligation whatsoever to offer to the other Holders Holder the opportunity to purchase notes or interests relating to any future loans originated by such Holder or any of its Affiliates, and if any Holder chooses to offer to any of the other HoldersHolder, the opportunity to purchase notes or interests in any future mortgage loans originated by such Holder or its Affiliates, such offer shall be at such purchase price and interest rate as such Holder chooses, in its sole and absolute discretion. None of the Holders shall have any obligation whatsoever to purchase from any other Holder any notes or interests in any future loans originated by any other Holder or any of its Affiliates.

Appears in 2 contracts

Samples: Lender Agreement (CSAIL 2017-Cx9 Commercial Mortgage Trust), Lender Agreement (JPMCC Commercial Mortgage Securities Trust 2017-Jp7)

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 among between any Holder (or the Master Servicer, Special Servicer any servicer or Trustee trustee on its behalf) and any other Holder a partnership, association, joint venture or other entity. Each Holder (or the Master Servicer, Special Servicer any servicer or Trustee trustee on its behalf) shall have no obligation whatsoever to offer to the other Holders the opportunity to purchase notes or participation interests relating to any future loans originated by such Holder or any of its Affiliates, and if any Holder chooses to offer to any of the other Holders, the opportunity to purchase notes or participation interests in any future mortgage loans originated by such Holder or its Affiliates, such offer shall be at such purchase price and interest rate as such Holder chooses, in its sole and absolute discretion. None of the Holders shall have any obligation whatsoever to purchase from any other Holder any notes or participation interests in any future loans originated by any other Holder or any of its Affiliates.

Appears in 2 contracts

Samples: Participation Agreement (Rodin Income Trust, Inc.), Participation Agreement (Rodin Income Trust, Inc.)

No Creation of a Partnership or Exclusive Purchase Right. Nothing contained in this Agreement, and no action taken pursuant hereto, hereto shall be deemed to constitute among Co-Lender Agreement (Cambridge Crossing – 222 Xxxxxx) the arrangement between any Holder (one or more Holders, on the Master Servicerone hand, Special Servicer or Trustee on its behalf) and any one or more other Holder Holders, on the other hand, a partnership, association, joint venture or other entity. Each No Holder (or the Master Servicer, Special Servicer or Trustee on its behalf) shall have no any obligation whatsoever to offer to the any other Holders Holder the opportunity to purchase notes or participation interests relating to any future loans originated by such Holder or any of its Affiliates, and if any such Holder chooses in its sole discretion to offer to any of the one or more other Holders, Holders the opportunity to purchase notes or any participation interests in any future mortgage loans originated by such Holder or its Affiliates, such offer shall be at such purchase price and interest rate as such Holder chooses, in its sole and absolute discretion. None of the Holders No Holder shall have any obligation whatsoever to purchase from any one or more other Holder Holders any notes or participation interests in any future loans originated by any the other Holder or any of its respective Affiliates.

Appears in 1 contract

Samples: Co Lender Agreement (Benchmark 2020-B21 Mortgage Trust)

No Creation of a Partnership or Exclusive Purchase Right. Nothing contained in this Agreement, and no action taken pursuant hereto, hereto shall be deemed to constitute among the arrangement between any Holder (one or more Holders, on the Master Servicerone hand, Special Servicer or Trustee on its behalf) and any one or more other Holder Holders, on the other hand, a partnership, association, joint venture or other entity. Each No Holder (or the Master Servicer, Special Servicer or Trustee on its behalf) shall have no any obligation whatsoever to offer to the any other Holders Holder the opportunity to purchase notes or participation interests relating to any future loans originated by such Holder or any of its Affiliates, and if any such Holder chooses in its sole discretion to offer to any of the one or more other Holders, Holders the opportunity to purchase notes or any participation interests in any future mortgage loans originated by such Holder or its Affiliates, such offer shall be at such purchase price and interest rate as such Holder chooses, in its sole and absolute discretion. None of the Holders No Holder shall have any obligation whatsoever to purchase from any one or more other Holder Holders any notes or participation interests in any future loans originated by any the other Holder or any of its respective Affiliates.. Co-Lender Agreement (30 Xxxxxx Yards)

Appears in 1 contract

Samples: Co Lender Agreement (Bank 2019-Bnk19)

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