Lead Securitization Note definition

Lead Securitization Note means the Note included in the Lead Securitization.
Lead Securitization Note means Note A-1.
Lead Securitization Note means (a) during the period from and after the Securitization Date and prior to the Securitization of Note A-1, the first Note or portion thereof contributed to a Securitization, and (b) on and after the Securitization of Note A-1, Note A-1.

Examples of Lead Securitization Note in a sentence

  • The Lead Securitization Note Holder shall have the right to offset any amounts due hereunder from a Non-Lead Securitization Note Holder with respect to the Mortgage Loan against any future payments due to such Non-Lead Securitization Note Holder under the Mortgage Loan.

  • The Note Holders hereby agree that, upon the request of the Lead Securitization Note Holder, each Non-Lead Securitization Note Holder shall execute, acknowledge and deliver to the Lead Securitization Note Holder all and every such further deeds, conveyances and instruments as the Lead Securitization Note Holder may reasonably request for the better assuring and evidencing of the foregoing appointment and grant.

  • Each Note Holder further agrees that only the Lead Securitization Note Holder, and not any Non-Lead Securitization Note Holder, can make any election, give any consent, commence any action or file any motion, claim, obligation, notice or application or take any other action in any case by or against the Mortgage Loan Borrower under the Bankruptcy Code or in any other Insolvency Proceeding.

  • Notwithstanding anything to the contrary contained herein, in accordance with the Lead Securitization Servicing Agreement, the Lead Securitization Note Holder shall cause the Master Servicer and the Special Servicer to service and administer the Mortgage Loan in accordance with the Servicing Standard, taking into account the interests of each Note Holder.

  • If the Lead Securitization Note Holder so requests, the Original Entity holding the New Notes (and any subsequent holder of such Notes) shall execute a confirmation of the continuing applicability of this Agreement to the New Notes, as so modified.


More Definitions of Lead Securitization Note

Lead Securitization Note means Note A-1; provided that, if the Note A-2 Securitization occurs prior to the Note A-1 Securitization Date, then Note A-2 shall be the Lead Securitization Note until the Note A-1 Securitization Date, at which time Note A-1 shall be the Lead Securitization Note.
Lead Securitization Note means Note A-1 provided that, in the event that the Other Note Securitization occurs prior to the Note A-1 Securitization, the “Lead Securitization Note” shall mean, solely during the period commencing from the Other Note Securitization Date and ending on the Note A-1 Securitization Date, the Other Securitization Note.
Lead Securitization Note means (a) during the period from and after the closing date of the Securitization of Note A-6 (if such date is prior to the Note A-4-1 Securitization Date) until the Note A-4-1 Securitization Date, the Note(s) included in such Securitization of Note A-6 and (b) on and after the Note A-4-1 Securitization Date, Note A-4-1.
Lead Securitization Note means Note A-1 and any other Note included in the Lead Securitization.
Lead Securitization Note means during the period from and after the Note A-1 Securitization Date, Note A-1.
Lead Securitization Note means (a) if the First Securitization includes Note A-1, such Note, and (b) if the First Securitization does not include Note A-1, then (i) for the period beginning upon the closing of such First Securitization and ending upon the closing of the Securitization that includes Note A-1, the Notes included in such First Securitization and (ii) on and after closing of the Securitization that includes Note A-1, such Note.
Lead Securitization Note means: