Common use of Sale of Mortgage and Securitization Clause in Contracts

Sale of Mortgage and Securitization. (a) Lender shall have the right (i) to sell or otherwise transfer the Loan or any portion thereof as a whole loan, (ii) to sell participation interests in the Loan or (iii) to securitize the Loan or any portion thereof in a single asset securitization or a pooled loan securitization. (The transactions referred to in clauses (i), (ii) and (iii) shall hereinafter be referred to collectively as “Secondary Market Transactions” and the 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 Mortgage and Securitization. (a) Lender shall have the right (i) to sell or otherwise transfer the Loan or any portion thereof as a whole loanloan or parts thereof, (ii) to sell participation interests in the Loan to any entity other than to a publicly traded real estate investment trust of which the majority of its assets are office properties or (iii) to securitize the Loan or any portion thereof in a single asset securitization or a pooled loan securitization. (The transactions transaction referred to in clauses (i), (ii) and (iii) shall hereinafter be referred to collectively as “"Secondary Market Transactions” " and the transaction 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 Mortgage and Securitization. (a) Lender shall have the right (i) to sell or otherwise transfer the Loan as a whole loan or to syndicate any direct or indirect interests in the Loan or sell or otherwise transfer any portion thereof as a whole loanor any interest therein, (ii) to sell participation interests in the Loan or (iii) to securitize the Loan or any portion thereof or any interest therein in a single asset securitization one or a pooled loan securitizationmore private or public securitizations. (The transactions referred to in clauses (i), (ii) and (iii) shall are each hereinafter be referred to collectively as a “Secondary Market TransactionsTransaction” and the 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 Mortgage and Securitization. (a) Lender shall have the right (i) to sell or otherwise transfer the Loan or any portion thereof as a whole loan, (ii) to sell participation interests in the Loan or (iii) to securitize the Loan or any portion thereof in a single asset securitization or a pooled loan securitization. (The transactions transaction referred to in clauses (i), (ii) and (iii) shall hereinafter be referred to collectively as “Secondary Market Transactions” and the transaction 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 Mortgage and Securitization. (a) Lender shall have the right (i) to sell sell, assign, pledge or otherwise transfer the Loan or any portion thereof as a whole loanor 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 a one or more private or public single asset securitization or a pooled loan securitizationsecuritizations. (The transactions referred to in clauses (i), (ii) and (iii) shall are each hereinafter be referred to collectively as a “Secondary Market TransactionsTransaction” 77 EAST\87098743.3 and the transaction 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 Mortgage and Securitization. (a) Lender shall have the right (i) to sell or otherwise transfer the Loan or any portion thereof as a whole loan, (ii) to sell participation interests in the Loan or (iii) to securitize the Loan or any portion thereof in a single asset securitization or a pooled loan securitization. (The transactions transaction referred to in clauses (i), (ii) and (iii) shall hereinafter be referred to collectively as “Secondary Market Transactions” and the transaction 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 Mortgage and Securitization. (a) Lender shall have the right (i) to sell or otherwise transfer the Loan or any portion thereof as a whole loan, (ii) to sell participation interests in the Loan to any entity other than to a publicly traded real estate investment trust of which the majority of its assets are office properties or (iii) to securitize the Loan or any portion thereof in a single asset securitization or a pooled loan securitization. (The transactions transaction referred to in clauses (i), (ii) and (iii) shall hereinafter be referred to collectively as “"Secondary Market Transactions” " and the transaction 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”").