Common use of Other Business Activities of the Noteholders Clause in Contracts

Other Business Activities of the Noteholders. Each Noteholder acknowledges that any Noteholder or its Affiliates may make loans or otherwise extend credit to, and generally engage in any kind of business with, any Affiliate of the Mortgage Loan Borrower Related Party, and receive payments on such other loans or extensions of credit to Mortgage Loan Borrower Related Parties and otherwise act with respect thereto freely and without accountability in the same manner as if this Agreement and the transactions contemplated hereby were not in effect.

Appears in 12 contracts

Samples: Co Lender Agreement (BMO 2023-C4 Mortgage Trust), Co Lender Agreement (BBCMS Mortgage Trust 2022-C18), Co Lender Agreement (UBS Commercial Mortgage Trust 2019-C18)

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Other Business Activities of the Noteholders. Each Noteholder acknowledges that any Noteholder or its Affiliates may make loans or otherwise extend credit to, and generally engage in any kind of business with, any Affiliate of the Mortgage Loan Borrower Related Party, and receive payments on such other loans or extensions of credit to any Mortgage Loan Borrower Related Parties Party and otherwise act with respect thereto freely and without accountability in the same manner as if this Agreement and the transactions contemplated hereby were not in effect.

Appears in 8 contracts

Samples: Co Lender Agreement (BBCMS Mortgage Trust 2020-C7), Co Lender Agreement (Wells Fargo Commercial Mortgage Trust 2020-C56), Co Lender Agreement (Benchmark 2020-Ig1 Mortgage Trust)

Other Business Activities of the Noteholders. Each Noteholder acknowledges that any each other Noteholder or its Affiliates may make loans or otherwise extend credit to, and generally engage in any kind of business with, any Affiliate of the Mortgage Loan Borrower Related Party, and receive payments on such other loans or extensions of credit to Mortgage Loan Borrower Related Parties and otherwise act with respect thereto freely and without accountability in the same manner as if this Agreement and the transactions contemplated hereby were not in effect.

Appears in 6 contracts

Samples: Agreement Between Noteholders (Benchmark 2023-B39 Mortgage Trust), Agreement Between Noteholders (BMO 2023-C5 Mortgage Trust), Agreement Between Noteholders (BBCMS Mortgage Trust 2023-C19)

Other Business Activities of the Noteholders. Each Noteholder acknowledges that any Noteholder each of the other Noteholders or its Affiliates may make loans or otherwise extend credit to, and generally engage in any kind of business with, any Affiliate of the Mortgage Loan Borrower Related Party, and receive payments on such other loans or extensions of credit to Mortgage Loan Borrower Related Parties and otherwise act with respect thereto freely and without accountability in the same manner as if this Agreement and the transactions contemplated hereby were not in effect.

Appears in 5 contracts

Samples: Co Lender Agreement (BBCMS Mortgage Trust 2019-C5), Co Lender Agreement (BBCMS Mortgage Trust 2019-C4), Co Lender Agreement (Benchmark 2019-B12 Mortgage Trust)

Other Business Activities of the Noteholders. Each Noteholder acknowledges that any Noteholder each of the other Noteholders or its Affiliates may make loans or otherwise extend credit to, and generally engage in any kind of business with, any Affiliate of the Mortgage 49 Loan Borrower Related Party, and receive payments on such other loans or extensions of credit to Mortgage Loan Borrower Related Parties and otherwise act with respect thereto freely and without accountability in the same manner as if this Agreement and the transactions contemplated hereby were not in effect.

Appears in 3 contracts

Samples: Co Lender Agreement (BBCMS Mortgage Trust 2019-C5), Co Lender Agreement (UBS Commercial Mortgage Trust 2019-C17), Co Lender Agreement (BBCMS Mortgage Trust 2019-C4)

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Other Business Activities of the Noteholders. Each Noteholder acknowledges that any each other Noteholder or its Affiliates may make loans or otherwise extend credit to, and generally engage in any kind of business with, any Borrower Party or any Affiliate of the Mortgage Loan Borrower Related Partythereof, and receive payments on such other loans or extensions of credit to Mortgage Loan Borrower Related Parties and otherwise act with respect thereto freely and without accountability in the same manner as if this Agreement and the transactions contemplated hereby were not in effect.

Appears in 2 contracts

Samples: Agreement Between Noteholders (GS Mortgage Securities Trust 2017-Gs7), Agreement Between Noteholders (GS Mortgage Securities Trust 2017-Gs6)

Other Business Activities of the Noteholders. Each Noteholder acknowledges that any each other Noteholder or its Affiliates may make loans or otherwise extend credit to, and generally engage in any kind of business with, any Borrower Party or any Affiliate of the Mortgage Loan Borrower Related Partythereof, and receive payments on such other loans or extensions of credit to Mortgage Loan any Borrower Related Parties Party or any Affiliate thereof and otherwise act with respect thereto freely and without accountability in the same manner as if this Agreement and the transactions contemplated hereby were not in effect.

Appears in 1 contract

Samples: Agreement Between Noteholders (Benchmark 2021-B31 Mortgage Trust)

Other Business Activities of the Noteholders. Each Noteholder acknowledges that any Noteholder or its Affiliates may make loans or otherwise extend credit to, and generally engage in any kind of business with, any Affiliate of the Mortgage Loan Borrower (each such Affiliate, a “Mortgage Loan Borrower Related Party”), and receive payments on such other loans or extensions of credit to Mortgage Loan Borrower Related Parties and otherwise act with respect thereto freely and without accountability in the same manner as if this Agreement and the transactions contemplated hereby were not in effect.

Appears in 1 contract

Samples: Agreement Between Noteholders (CSAIL 2016-C5 Commercial Mortgage Trust)

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