Non-Lead Securitization Note definition

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

Non-Lead Securitization Note means Note A-2.

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.

Examples of Non-Lead Securitization Note in a sentence

• Such Non-Lead Securitization Note Holder’s obligations under this Section 8 constitute absolute, unconditional and continuing obligations.

• Each Non-Lead Securitization Note Holder acknowledges that the information provided by it to the Lead Securitization Note Holder may be incorporated into the offering documents for the Lead Securitization.

• The Lead Securitization Note Holder and each Rating Agency shall be entitled to rely on the information supplied by, or on behalf of, each Non-Lead Securitization Note Holder.

• 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.

• 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.

More Definitions of Non-Lead Securitization Note

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.

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 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 (a) during the period from and after the Securitization of any A Note (other than Note A-1-1) and prior to the Securitization of Note A-1-1, any of the Notes other than the first Note or portion thereof contributed to a Securitization, and (b) on and after the Securitization of Note A-1-1, each of Note A-1-2, Note A-1-3, Note A-1-4, Note A-2-1, Note A-2-2 and Note A-2-3.

Non-Lead Securitization Note means any Senior Note included in a Non-Lead Securitization.