Non-Controlling Note definition

Non-Controlling Note means any Note (other than the Controlling Note), including any New Note designated as a “Non-Controlling Note” hereunder pursuant to Section 32.

Non-Controlling Note means the interest of each Non-Controlling Noteholder in its Note.

Non-Controlling Note means each Note other than Note A-1.

Examples of Non-Controlling Note in a sentence

• Each Note Holder acknowledges and agrees that any successor special servicer appointed to replace the Special Servicer with respect to the Mortgage Loan that was terminated for cause at a Non-Controlling Note Holder’s direction cannot at any time be the person (or an Affiliate thereof) that was so terminated without the prior written consent of such Non-Controlling Note Holder.

• In no event shall the Lead Securitization Note Holder (or Master Servicer or Special Servicer, acting on its behalf) be obligated at any time to follow or take any alternative actions recommended by a Non-Controlling Note Holder (or its Non-Controlling Note Holder Representative).

• If more than one New Note is created hereunder, for purposes of exercising the rights of a Controlling Note Holder or Non-Controlling Note Holder hereunder, the “Controlling Note Holder” or “Non-Controlling Note Holder”, as applicable, shall be as provided in the definitions of such terms in this Agreement; provided that the Controlling Note Holder shall be entitled to designate any New Note created from the existing Controlling Note to be a Non-Controlling Note hereunder.

• 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.

• All of the provisions relating to the Controlling Note Holder and the Controlling Note Holder Representative set forth in the first paragraph of this Section 6(a) (except those contained in the last sentence thereof) and the second paragraph of this Section 6(a) shall apply to each Non-Controlling Note Holder and its Non-Controlling Note Holder Representative mutatis mutandis.

More Definitions of Non-Controlling Note

Non-Controlling Note means the respective Note held by a Non-Controlling Noteholder.

Non-Controlling Note means Note A-2.

Non-Controlling Note means any Note that is not the Controlling Note.

Non-Controlling Note means each of Note X-0, Xxxx X-0, Xxxx X-0, Note A-5 and Note A-6 and any New Note designated as a “Non-Controlling Note” hereunder pursuant to Section 33.

Non-Controlling Note means each Note other than the Controlling Note.

Non-Controlling Note means Note A-1-2, Note A-1-3, Note A-1-4, Note A-1-5, Note A-1-6, Note A-2-1, Note A-2-2, Note A-2-3 and Note A-2-4, individually and collectively as the context may require.

Non-Controlling Note means the interest of the Non-Controlling Note Holder in its Note.