Common use of Sale of Loan and Securitization Clause in Contracts

Sale of Loan and Securitization. (a) Lender shall have the right (i) to sell, assign, pledge or otherwise transfer the Loan or any portion thereof or interest therein to any Person, (ii) to sell participation interests in the Loan to any Person, or (iii) to securitize the Loan or any portion thereof or interest therein in one or more private or public single asset or pooled loan securitizations. (The transactions referred to in clauses (i), (ii) and (iii) are each hereinafter referred to as a “Secondary Market Transaction” and the transactions referred to in clause (iii) shall hereinafter be referred to as a “Securitization”. Any certificates, notes or other securities issued in connection with a Securitization are hereinafter referred to as “Securities”).

Sale of Loan and Securitization. (a) Lender shall have the right (i) to sell, assign, pledge sell or otherwise transfer the Loan or any portion thereof or interest therein to any Personas a whole loan, (ii) to sell participation interests in the Loan to any Person, or (iii) to securitize the Loan or any portion thereof or interest therein in one or more private or public a single asset securitization or a pooled loan securitizationssecuritization. (The transactions transaction referred to in clauses (i), (ii) and (iii) are each shall hereinafter be referred to collectively as a “Secondary Market TransactionTransactions” and the transactions referred to in clause (iii) shall hereinafter be referred to as a “Securitization”. .” Any certificates, notes or other securities issued in connection with a Securitization are hereinafter referred to as “Securities.”).

Sale of Loan and Securitization. (a) Lender shall have the right (i) to sell, assign, pledge sell or otherwise transfer the Loan or any portion thereof or interest therein to any Personas a whole loan, (ii) to sell participation interests in the Loan to any Person, or (iii) to securitize the Loan or any portion thereof or interest therein in one or more private or public single single-asset or pooled pooled-loan securitizations. (The transactions referred to in clauses (i), (ii) and (iii) are each shall hereinafter be referred to collectively as a “Secondary Market TransactionTransactions” and the transactions transaction referred to in clause (iii) shall hereinafter be referred to as a “Securitization”. .” Any single- or multi-class certificates, notes or other securities issued in connection with a Securitization are hereinafter referred to as “Securities”).

Sale of Loan and Securitization. (a) Lender shall have the right (i) to sell, assign, pledge sell or otherwise transfer the Loan as a whole loan or sell or otherwise transfer any portion thereof or any interest therein to any Persontherein, (ii) to sell participation interests in the Loan to any Person, or (iii) to securitize the Loan or any portion thereof or any interest therein in one or more private or public single asset or pooled loan securitizations. (The transactions referred to in clauses (i), (ii) and (iii) are each hereinafter referred to as a “Secondary Market Transaction” and the transactions transaction referred to in clause (iii) shall hereinafter be referred to as a “Securitization”. .” Any certificates, notes or other securities issued in connection with a Securitization are hereinafter referred to as “Securities.”).

Sale of Loan and Securitization. (a) Lender shall have the right (i) to sell, assign, pledge syndicate or otherwise transfer the Loan or any portion thereof or interest therein to any Personas a whole loan, (ii) to sell participation interests in the Loan to any PersonLoan, or (iii) to securitize the Loan or any portion thereof or interest therein in one or more private or public a single asset securitization or a pooled loan securitizationssecuritization. (The transactions referred to in clauses (i), (ii) and (iii) are each hereinafter referred to as a “Secondary Market Transaction” and the transactions referred to in clause (iii) shall hereinafter be referred to as a “Securitization”. Any certificates, notes or other securities issued in connection with a Securitization Secondary Market Transaction are hereinafter referred to as “Securities”). At Lender’s election, each note and/or component comprising the Loan may be subject to one or more Secondary Market Transactions.

Sale of Loan and Securitization. (a) Lender shall have the right (i) to sell, assign, pledge sell or otherwise transfer the Loan or any portion thereof or interest therein to any Personas a whole loan, (ii) to sell participation interests in the Loan to any Person, or (iii) to securitize the Loan or any portion thereof or interest therein in one or more private or public a single asset securitization or a pooled loan securitizationssecuritization. (The transactions referred to in clauses (i), (ii) and (iii) are each shall hereinafter be referred to collectively as a “Secondary Market TransactionTransactions” and the transactions referred to in clause (iii) shall hereinafter be referred to as a “Securitization”. .” Any certificates, notes or other securities issued in connection with a Securitization are hereinafter referred to as “Securities.”).

Sale of Loan and Securitization. (a) Lender shall have the right (i) to sell, assign, pledge sell or otherwise transfer the Loan or any portion thereof or interest therein to any Personas a whole loan, (ii) to sell participation interests in the Loan to any Person, or (iii) to securitize the Loan or any portion thereof or interest therein in one or more private or public a single asset securitization or a pooled loan securitizationssecuritization. (The transactions transaction referred to in clauses (i), (ii) and (iii) are each shall hereinafter be referred to collectively as a “Secondary Market TransactionTransactions” and the transactions referred to in clause (iii) shall hereinafter be referred to as a “Securitization”. .” Any certificates, notes or other securities issued in connection with a Securitization are hereinafter referred to as “Securities.”)) At Lender’s election, each note and/or component comprising the Loan may be subject to one or more Secondary Market Transactions.