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-1-1 Holder, the Note A-1-2 Holder, the Note A-2-1 Holder, the Note A-2-2 Holder or the Note A-2-3 Holder shall have any obligation whatsoever to offer to any Subordinate Noteholder the opportunity to purchase a Note interest in any future loans originated by the Note A-1-1 Holder, the Note A-1-2 Holder, the Note A-2-1 Holder, the Note A-2-2 Holder or the Note A-2-3 Holder, as applicable, or its Affiliates, and if such Note A-1-1 Holder, the Note A-1-2 Holder, the Note A-2-1 Holder, the Note A-2-2 Holder or Note A-2-3 Holder chooses to offer to any Subordinate Noteholder the opportunity to purchase a Note interest in any future mortgage loans originated by the Note A-1-1 Holder, the Note A-1-2 Holder, the Note A-2-1 Holder, the Note A-2-2 Holder or the Note A-2-3 Holder or their respective Affiliates, such offer shall be at such purchase price and interest rate as the Note A-1-1 Holder, the Note A-1-2 Holder, the Note A-2-1 Holder, the Note A-2-2 Holder or the Note A-2-3 Holder, as applicable, chooses, in its sole and absolute discretion. No Subordinate Noteholder shall have any obligation whatsoever to purchase from either the Note A-1-1 Holder, the Note A-1-2 Holder, the Note A-2-1 Holder, the Note A-2-2 Holder or the Note A-2-3 Holder a Note interest in any future loans originated by such Note A-1-1 Holder, the Note A-1-2 Holder, the Note A-2-1 Holder, the Note A-2-2 Holder, the Note A-2-3 Holder or 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 of the Note A-1-1 A Holder, the Note A-1-2 B Holder, the Note A-2-1 Holder, the Note A-2-2 A Holder or the Note A-2-3 B Holder shall have any obligation whatsoever to offer to any Subordinate Noteholder the opportunity to purchase a Note interest in any future loans originated by the Note A-1-1 A Holder, the Note A-1-2 B Holder, the Note A-2-1 Holder, the Note A-2-2 A Holder or the Note A-2-3 B Holder, as applicable, or its Affiliates, and if such Note A-1-1 A Holder, the Note A-1-2 B Holder, the Note A-2-1 Holder, A Holder or the Note A-2-2 Holder or Note A-2-3 B Holder chooses to offer to any Subordinate Noteholder the opportunity to purchase a Note interest in any future mortgage loans originated by the Note A-1-1 A Holder, the Note A-1-2 B Holder, the Note A-2-1 Holder, the Note A-2-2 A Holder or the Note A-2-3 B Holder or their respective Affiliates, such offer shall be at such purchase price and interest rate as the Note A-1-1 A Holder, the Note A-1-2 B Holder, the Note A-2-1 Holder, the Note A-2-2 A Holder or the Note A-2-3 B Holder, as applicable, chooses, in its sole and absolute discretion. No Subordinate Noteholder shall have any obligation whatsoever to purchase from either the Note A-1-1 A Holder, the Note A-1-2 B Holder, the Note A-2-1 Holder, the Note A-2-2 A Holder or the Note A-2-3 B Holder a Note interest in any future loans originated by such Note A-1-1 A Holder, the Note A-1-2 B Holder, the Note A-2-1 A Holder, the Note A-2-2 Holder, the Note A-2-3 B Holder or 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 among any of the Noteholders as a partnership, association, joint venture or other entity. None of the The Note A-1-1 A-1 Holder, the Note A-1-2 A-2 Holder, the Note A-2-1 A-3 Holder, the Note A-2-2 A-4 Holder or and the Note A-2-3 A-5 Holder shall have any no obligation whatsoever to offer to any Subordinate Noteholder the Note B Holder the opportunity to purchase a Note interest in any future loans originated by the Note A-1-1 A-1 Holder, the Note A-1-2 A-2 Holder, the Note A-2-1 A-3 Holder, the Note A-2-2 A-4 Holder and the Note A-5 Holder or their Affiliates and if the Note A-1 Holder, the Note A-2 Holder, the Note A-3 Holder, the Note A-4 Holder or the Note A-2-3 Holder, as applicable, or its Affiliates, and if such Note A-1-1 Holder, the Note A-1-2 Holder, the Note A-2-1 Holder, the Note A-2-2 Holder or Note A-2-3 A-5 Holder chooses to offer to any Subordinate Noteholder the Note B Holder the opportunity to purchase a Note interest in any future mortgage loans originated by the Note A-1-1 A-1 Holder, the Note A-1-2 A-2 Holder, the Note A-2-1 A-3 Holder, the Note A-2-2 A-4 Holder or the Note A-2-3 A-5 Holder or their respective Affiliates, such offer shall be at such purchase price and interest rate as the Note A-1-1 A-1 Holder, the Note A-1-2 A-2 Holder, the Note A-2-1 A-3 Holder, the Note A-2-2 A-4 Holder or the Note A-2-3 Holder, as applicable, A-5 Holder chooses, in its sole and absolute discretion. No Subordinate Noteholder The Note B Holder shall not have any obligation whatsoever to purchase from either the Note A-1-1 A-1 Holder, the Note A-1-2 A-2 Holder, the Note A-2-1 A-3 Holder, the Note A-2-2 A-4 Holder or the Note A-2-3 A-5 Holder a Note interest in any future loans originated by such the Note A-1-1 A-1 Holder, the Note A-1-2 A-2 Holder, the Note A-2-1 A-3 Holder, the Note A-2-2 Holder, A-4 Holder or the Note A-2-3 A-5 Holder or 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 among any of the Noteholders as a partnership, association, joint venture or other entity. None of the The Note A-1-1 A-1 Holder, the Note A-1-2 Holder, A-2 Holder and the Note A-2-1 Holder, the Note A-2-2 Holder or the Note A-2-3 A-3 Holder shall have any no obligation whatsoever to offer to any Subordinate Noteholder Note B Holder the opportunity to purchase a Note interest in any future loans originated by the Note A-1-1 A-1 Holder, the Note A-1-2 A-2 Holder and the Note A-3 Holder or their Affiliates and if the Note A-1 Holder, the Note A-2-1 Holder, the Note A-2-2 A-2 Holder or the Note A-2-3 Holder, as applicable, or its Affiliates, and if such Note A-1-1 Holder, the Note A-1-2 Holder, the Note A-2-1 Holder, the Note A-2-2 Holder or Note A-2-3 A-3 Holder chooses to offer to any Subordinate Noteholder Note B Holder the opportunity to purchase a Note interest in any future mortgage loans originated by the Note A-1-1 A-1 Holder, the Note A-1-2 Holder, the Note A-2-1 Holder, the Note A-2-2 A-2 Holder or the Note A-2-3 A-3 Holder or their respective Affiliates, such offer shall be at such purchase price and interest rate as the Note A-1-1 A-1 Holder, the Note A-1-2 Holder, the Note A-2-1 Holder, the Note A-2-2 A-2 Holder or the Note A-2-3 Holder, as applicable, A-3 Holder chooses, in its sole and absolute discretion. No Subordinate Noteholder Note B Holder shall have any obligation whatsoever to purchase from either the Note A-1-1 A-1 Holder, the Note A-1-2 Holder, the Note A-2-1 Holder, the Note A-2-2 A-2 Holder or the Note A-2-3 A-3 Holder a Note interest in any future loans originated by such the Note A-1-1 A-1 Holder, the Note A-1-2 Holder, A-2 Holder or the Note A-2-1 Holder, the Note A-2-2 Holder, the Note A-2-3 A-3 Holder or 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 among any of the Noteholders as a partnership, association, joint venture or other entity. None of the The Note A-1-1 A-1 Holder, the Note A-1-2 A-2 Holder, the Note A-2-1 A-3 Holder, the Note A-2-2 A-4 Holder or the and Note A-2-3 A-5 Holder shall have any no obligation whatsoever to offer to any Subordinate Noteholder the Note B Holder the opportunity to purchase a Note interest in any future loans originated by the Note A-1-1 A-1 Holder, the Note A-1-2 A-2 Holder, the Note A-2-1 A-3 Holder, the Note A-2-2 A-4 Holder or the Note A-2-3 Holder, as applicable, A-5 Holder or its Affiliates, their Affiliates and if such the Note A-1-1 A-1 Holder, the Note A-1-2 A-2 Holder, the Note A-2-1 A-3 Holder, the Note A-2-2 A-4 Holder or the Note A-2-3 A-5 Holder chooses to offer to any Subordinate Noteholder the Note B Holder the opportunity to purchase a Note interest in any future mortgage loans originated by the Note A-1-1 A-1 Holder, the Note A-1-2 A-2 Holder, the Note A-2-1 A-3 Holder, the Note A-2-2 A-4 Holder or the Note A-2-3 A-5 Holder or their respective Affiliates, such offer shall be at such purchase price and interest rate as the Note A-1-1 A-1 Holder, the Note A-1-2 A-2 Holder, the Note A-2-1 A-3 Holder, the Note A-2-2 A-4 Holder or the Note A-2-3 Holder, as applicable, A-5 Holder chooses, in its sole and absolute discretion. No Subordinate Noteholder The Note B Holder shall not have any obligation whatsoever to purchase from either the Note A-1-1 A-1 Holder, the Note A-1-2 A-2 Holder, the Note A-2-1 A-3 Holder, the Note A-2-2 A-4 Holder or the Note A-2-3 A-5 Holder a Note an interest in any future loans originated by such the Note A-1-1 A-1 Holder, the Note A-1-2 A-2 Holder, the Note A-2-1 A-3 Holder, the Note A-2-2 Holder, A-4 Holder or the Note A-2-3 A-5 Holder or 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 of the Note A-1-1 A-1 Holder, the Note A-1-2 A-2 Holder, the Note A-2-1 A-3 Holder, the Note A-2-2 A-4 Holder, the Note A-5 Holder, the Note A-6 Holder or the Note A-2-3 A-7 Holder shall have any obligation whatsoever to offer to any Subordinate Noteholder the opportunity to purchase a Note interest in any future loans originated by the Note A-1-1 A-1 Holder, the Note A-1-2 A-2 Holder, the Note A-2-1 A-3 Holder, the Note A-2-2 A-4 Holder, the Note A-5 Holder, the Note A-6 Holder or the Note A-2-3 A-7 Holder, as applicable, or its Affiliates, and if such Note A-1-1 A-1 Holder, the Note A-1-2 A-2 Holder, the Note A-2-1 A-3 Holder, the Note A-2-2 A-4 Holder, Note A-5 Holder, Note A-6 Holder or Note A-2-3 A-7 Holder chooses to offer to any Subordinate Noteholder the opportunity to purchase a Note interest in any future mortgage loans originated by the Note A-1-1 A-1 Holder, the Note A-1-2 A-2 Holder, the Note A-2-1 A-3 Holder, the Note A-2-2 A-4 Holder, the Note A-5 Holder, the Note A-6 Holder or the Note A-2-3 A-7 Holder or their respective Affiliates, such offer shall be at such purchase price and interest rate as the Note A-1-1 A-1 Holder, the Note A-1-2 A-2 Holder, the Note A-2-1 Holder, the Note A-2-2 A-3 Holder or the Note A-2-3 A-4 Holder, as applicable, chooses, in its sole and absolute discretion. No Subordinate Noteholder shall have any obligation whatsoever to purchase from either any of the Note A-1-1 A-1 Holder, the Note A-1-2 A-2 Holder, the Note A-2-1 A-3 Holder, the Note A-2-2 A-4 Holder, the Note A-5 Holder, the Note A-6 Holder or the Note A-2-3 A-7 Holder a Note interest in any future loans originated by such Note A-1-1 A-1 Holder, the Note A-1-2 A-2 Holder, the Note A-2-1 A-3 Holder, the Note A-2-2 A-4 Holder, the Note A-2-3 A-5 Holder, the Note A-6 Holder, the Note A-7 Holder or their respective Affiliates.