Initial Note Holder definition

Initial Note Holder means each of the Initial Note A-1 Holder, the Initial Note A-2 Holder, the Initial Note A-3-1 Holder, the Initial Note A-3-2 Holder, the Initial Note A-4 Holder, the Initial Note A-5-1 Holder, the Initial Note A-5-2 Holder, the Initial Note A-6 Holder and the Initial Note A-7 Holder.

Initial Note Holder means each of the Note A-1 Holder and the Note A-2 Holder named on the cover page hereof.

Initial Note Holder or “Initial Note Holders” shall mean, individually and/or collectively, as the context may require, Barclays, JPM and WFB in their respective capacity as initial holder of their respective Notes as more particularly set forth on Schedule II attached hereto.

Examples of Initial Note Holder in a sentence

• Each Non-Controlling Note Holder shall provide notice of its identity and contact information (including any change thereof) to the Trustee, Certificate Administrator, the Master Servicer and the Special Servicer under the Lead Securitization Servicing Agreement; provided, that each Initial Note Holder shall be deemed to have provided such notice on the date hereof.

• Each Initial Note Holder shall have no liability to the other Note Holders with respect to its Note except with respect to losses actually suffered due to the gross negligence, willful misconduct or breach of this Agreement on the part of such Initial Note Holder.

• Each Non-Controlling Note Holder shall provide notice of its identity and contact information (including any change thereof) to the Trustee, Certificate Administrator, the Master Servicer and the Special Servicer under the Lead Securitization; provided, that each Initial Note Holder shall be deemed to have provided such notice on the date hereof.

• Each Initial Note Holder shall have no liability to any other Note Holder with respect to its Note except with respect to losses actually suffered due to the gross negligence, willful misconduct or breach of this Agreement on the part of such Initial Note Holder; provided, however, that to the extent that any Securitization Servicing Agreement imposes a different standard of care on any party thereto, then such Securitization Servicing Agreement shall control.

More Definitions of Initial Note Holder

Initial Note Holder means any Initial Note A Holder or Initial Note B Holder.

Initial Note Holder and “Initial Note Holders” shall have the meaning assigned to such term in the preamble to this Agreement.

Initial Note Holder or “Initial Note Holders” shall mean, individually and/or collectively, as the context may require, Initial Note A-1 Holder, Initial Note A-2 Holder, Initial Note A-3 Holder, Initial Note A-4 Holder, Initial Note A-5 Holder, Initial Note A-6 Holder, Initial Note A-7 Holder, Initial Note A-8 Holder, Initial Note A-9 Holder, Initial Note A-10 Holder, Initial Note A-11 Holder, Initial Note A-12 Holder, Initial Note A-13 Holder, and Initial Note A-14 Holder.

Initial Note Holder has the meaning set forth in the introductory paragraph to this Agreement.

Initial Note Holder. ORAMED PHARMACEUTICALS, INC. By: /s/ Xxxxx Xxxxxx Name: Xxxxx Xxxxxx Title: Chief Executive Officer By: /s/ Xxxx Xxxxxx Name: Xxxx Xxxxxx Title: Chief Business and Operating Officer

Initial Note Holder means Oramed Pharmaceuticals Inc., a Delaware corporation.

Initial Note Holder shall have the meaning assigned such term in the recitals.