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 Agent, the Note A-1 Holder (or the Servicer or Trustee on its behalf), any Non-Lead Note A Holder (nor any Non-Lead Note Master Servicer, Non-Lead Note Special Servicer or Non-Lead Note Trustee on its behalf) and the Note B Holders as a partnership, association, joint venture or other entity. None of the Holders (nor any Servicer, Trustee, Non-Lead Note Master Servicer, Non-Lead Note Special Servicer or Non-Lead Note Trustee on behalf of a Note A Holder) shall have any obligation whatsoever to offer to any other party the opportunity to purchase notes or interests relating to any future loans originated by either party or their respective Affiliates, and if any such party chooses to offer to another party the opportunity to purchase notes or interests in any future mortgage loans originated by it or its Affiliates, such offer shall be at such purchase price and interest rate as the applicable party chooses in its sole and absolute discretion. No Holder shall have any obligation whatsoever to purchase from another Holder any notes or interests in any future loans originated by another Holder or any of its 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 Agent, the Note A-1 A-5 Holder (or the Servicer or Trustee on its behalf), any Non-Lead Note A Holder (nor any Non-Lead Note Master Servicer, Non-Lead Note Special Servicer or Non-Lead Note Trustee on its behalf) and the Note B Holders as a partnership, association, joint venture or other entity. None of the Holders (nor any Servicer, Trustee, Non-Lead Note Master Servicer, Non-Lead Note Special Servicer or Non-Lead Note Trustee on behalf of a Note A Holder) shall have any obligation whatsoever to offer to any other party the opportunity to purchase notes or interests relating to any future loans originated by either party or their respective Affiliates, and if any such party chooses to offer to another party the opportunity to purchase notes or interests in any future mortgage loans originated by it or its Affiliates, such offer shall be at such purchase price and interest rate as the applicable party chooses in its sole and absolute discretion. No Holder shall have any obligation whatsoever to purchase from another Holder any notes or interests in any future loans originated by another Holder or any of its Affiliates.