Non-Lead Securitization Note definition

Non-Lead Securitization Note means any Note other than the Lead Securitization Note.

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Non-Lead Securitization Note means Note A-2.

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

Examples of Non-Lead Securitization Note in a sentence

Any such amounts paid by the Non-Lead Securitization Note Holders pursuant to this paragraph shall be reimbursed thereto on a pro rata and pari passu basis, in accordance with the unreimbursed portion of such amounts paid by each such Note Holder, prior to any subsequent amounts being paid hereunder in respect of any B Notes.
The Non-Lead Master Servicer and the Non-Lead Special Servicer and the Non-Lead Trustee, as applicable, shall be entitled to make their own recoverability determination with respect to a principal and interest Advance to be made on a Non-Lead Securitization Note based on the information that they have on hand and in accordance with the Non-Lead Securitization Servicing Agreement.
Such Non-Lead Securitization Note Holder’s obligations under this Section 8 constitute absolute, unconditional and continuing obligations.
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.
Subject to the terms of the Servicing Agreement, each of the Controlling Noteholder, the Controlling Class Representative, any other Noteholder (or any controlling class representative or directing holder on its behalf under the Non-Lead Securitization Servicing Agreement) shall be permitted to bid at any sale of the Non-Lead Securitization Note unless such Person is a Borrower Party.

More Definitions of Non-Lead Securitization Note

Non-Lead Securitization Note means (a) during the period from and after the Note A-2 Securitization Date and prior to the Note A-1 Securitization Date, Note A-1; and (b) on and after the Note A-1 Securitization Date, Note A-2.

Non-Lead Securitization Note means Note A-2 or Note A-3, as the case may be.

Non-Lead Securitization Note means a Senior Note that is neither the Lead Securitization Note nor otherwise part of the Lead Securitization.

Non-Lead Securitization Note means (a) during the period from and after the Securitization of Note A-2 and prior to the Securitization of Note ▇-▇, ▇▇▇▇ ▇-▇, and (b) on and after the Securitization of Note A-2, Note A-2.

Non-Lead Securitization Note means Note A-2; provided that, if the Note A-2 Securitization occurs prior to the Note A-1 Securitization, then Note A-1 shall be the Non-Lead Securitization Note until such time as the Note A-1 Securitization occurs, at which time Note A-2 shall be the Non-Lead Securitization Note.

Non-Lead Securitization Note means any Senior Note not included in the Lead Securitization.

Non-Lead Securitization Note means each Senior Note included in a securitization, other than the Lead Securitization Note and any other Senior Note included in the same securitization as the Lead Securitization Note.