Initial Noteholder definition

Initial Noteholder means (i) with respect to Note A-1, the Initial Note A-1 Holder and (ii) with respect to Note A-2, the Initial Note A-2 Holder.

Initial Noteholder as to any Note shall mean either the Initial Note A Holder or the Initial Subordinate Noteholders as is designated the “Holder” in the table set forth in the preamble to this Agreement.

Initial Noteholder as to any Note shall mean the Initial Barclays Note Holder, the Initial DBNY Note Holder or the Initial Goldman Note Holder as is designated the “Initial Noteholder” in the table set forth in the preamble to this Agreement.

Examples of Initial Noteholder in a sentence

• Each Initial Noteholder represents and warrants that it is duly organized, validly existing, in good standing and possession of all licenses and authorizations necessary to carry on its respective business.

• Each Initial Noteholder acknowledges that no other Noteholder owes such Noteholder any fiduciary duty with respect to any action taken under the Mortgage Loan Documents and, except as provided herein or in the Servicing Agreement, need not consult with such Noteholder with respect to any action taken by such Noteholder in connection with the Mortgage Loan.

• Each Initial Noteholder represents and warrants that the execution, delivery and performance of this Agreement is within its corporate powers, has been duly authorized by all necessary corporate action, and does not contravene such Noteholder’s charter or any law or contractual restriction binding upon such Noteholder and that this Agreement is the legal, valid and binding obligation of such Noteholder as applicable enforceable against it in accordance with its terms.

• Each Noteholder acknowledges that each Initial Noteholder may elect, in its sole discretion, to include the related Note in a Securitization and agrees that it will reasonably cooperate with such other Noteholder, at such other Noteholder’s expense, to effect such Securitization.

• Each Noteholder acknowledges that each Initial Noteholder (if it is not already the trustee for a Securitization Trust) may elect, in its sole discretion, to include the related Note in a Securitization and agrees that it will reasonably cooperate with such other Noteholder, at such other Noteholder’s expense, to effect such Securitization.

More Definitions of Initial Noteholder

Initial Noteholder as to any Note shall mean the Initial Goldman Note Holder as is designated the “Holder” in the table set forth in the preamble to this Agreement.

Initial Noteholder means any of the Initial Note A Holder and/or the Initial Note B Holder.

Initial Noteholder means (i) with respect to Note A-1, the Initial Note A-1 Holder, (ii) with respect to Note A-2, the Initial Note A-2 Holder, (iii) with respect to Note A-3, the Initial Note A-3 Holder, (iv) with respect to Note A-4, the Initial Note A-4 Holder, (v) with respect to Note A-5, the Initial Note A-5 Holder, (vi) with respect to Note A-6, the Initial Note A-6 Holder, (vii) with respect to Note A-7, the Initial Note A-7 Holder, (viii) with respect to Note A-8, the Initial Note A-8 Holder and (ix) with respect to Note A-9, the Initial Note A-9 Holder.

Initial Noteholder means (i) with respect to Note A-1-1, Note A-1-2, Note A-1-3, Note A-1-4, Note A-1-5, Note A-1-6, Note A-1-7, Note A-1-8, Note A-1-9, Note A-1-10, Note A-1-11, Note A-1-12, Note A-1-13, Note A-1-14, Note A-1-15, Note A-1-16 and Note A-1-17, the Initial Note A-1 Holder, and (ii) with respect to Note A-2-1, Note A-2-2, Note A-2-3 and Note A-2-4, the Initial Note A-2 Holder.

Initial Noteholder shall have the meaning assigned to such term in the preamble to this Agreement.

Initial Noteholder means each Noteholder listed on Schedule A to the Note Agreement purchasing any Notes on the Closing Date.

Initial Noteholder as to any Note shall mean CCRE.