Non-Lead Trustee definition

Non-Lead Trustee means the “trustee” under any Non-Lead Securitization Servicing Agreement.
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Non-Lead Trustee shall have the meaning assigned to such term in Section 2(b).
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Non-Lead Trustee means the Note A-2 Trustee or the Note A-3 Trustee, as the case may be.
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Examples of Non-Lead Trustee in a sentence

  • Except as provided herein, including without limitation, with respect to the Trustee, the Certificate Administrator, the Master Servicer, the Special Servicer, the Non-Lead Master Servicer, the Non-Lead Special Servicer and the Non-Lead Trustee, none of the provisions of this Agreement shall be for the benefit of or enforceable by any Person not a party hereto.

  • The Master Servicer and the Trustee, as applicable, and the Non-Lead Master Servicer or the Non-Lead Trustee shall be required to notify each other servicer and trustee with respect to a Securitization of the amount of its principal and interest Advance within two (2) Business Days of making such Advance.

  • The Master Servicer or Trustee shall be required to provide written notice to the Non-Lead Master Servicer and the Non-Lead Trustee of any principal and interest Advance it has made with respect to the Lead Securitization Note within two (2) Business Days of making such Advance.

  • 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.

  • Except as provided herein, including without limitation, with respect to the Trustee, Certificate Administrator, Master Servicer, Special Servicer, Operating Advisor, Non-Lead Master Servicer, Non-Lead Special Servicer, Non-Lead Trustee, none of the provisions of this Agreement shall be for the benefit of or enforceable by any Person not a party hereto.

  • Each of the Master Servicer, each Non-Lead Master Servicer, the Trustee and each Non-Lead Trustee is an intended third-party beneficiary of this Agreement.

  • The Lead Servicer and/or the related Trustee will not be required to make any P&I Advance with respect to any Non-Lead Note and the related Non-Lead Master Servicer and/or the related Non-Lead Trustee will not be required to make any P&I Advance with respect to any Lead Note, any other Non-Lead Note or any Property Advance.


More Definitions of Non-Lead Trustee

Non-Lead Trustee means the applicable “Trustee” under a Non-Lead Securitization Servicing Agreement.
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Non-Lead Trustee means shall mean the trustee under a Non-Lead Note A PSA and any successor appointed as provided thereunder.
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Non-Lead Trustee means, from and after the Note A-1 Securitization, the trustee designated under the Note A-2 TSA, the Note A-3 TSA, the Note A-4 TSA, the Note A-5 TSA, the Note A-6 TSA, the Note A-7 TSA, the Note A-8 TSA and the Note C TA.
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Non-Lead Trustee means, from and after the Note A-1 Securitization, the trustee designated under the Note A-2 PSA, Note A-3 PSA, Note A-4 PSA, Note A-5 PSA and Note A-6 PSA.
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Non-Lead Trustee means, from and after the Note A-1 Securitization Date, the trustee designated under the Note A-2 PSA.
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Non-Lead Trustee means from and after the Note A-1 Securitization Date, the trustee designated under any Non-Lead Servicing Agreement.
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Related to Non-Lead Trustee

  • Non-Lead Master Servicer means the “master servicer” under any Non-Lead Securitization Servicing Agreement.

  • Non-Lead Servicer means any Non-Lead Master Servicer or Non-Lead Special Servicer, as the context may require.

  • Non-Lead Sponsor means the Note A-2 Holder in its capacity as the sponsor with respect to the Non-Lead Securitization Note in connection with the Non-Lead Securitization.

  • Non-Lead Depositor means the “depositor” under any Non-Lead Securitization Servicing Agreement.

  • Non-Lead Certificate Administrator means the “certificate administrator” under any Non-Lead Securitization Servicing Agreement.

  • Non-Lead Note Holders means the holders of the Non-Lead Notes.

  • Non-Lead Special Servicer means the “special servicer” under any Non-Lead Securitization Servicing Agreement.

  • Trustee means any person, including the founder of a trust, to whom property is bequeathed in order for such property to be administered for the benefit of another person.

  • Non-Lead Noteholder means any Noteholder other than the Lead Securitization Noteholder.

  • Lead Depositor means the Depositor under the Lead Securitization Servicing Agreement.

  • Qualified Trustee means (i) a corporation, national bank, national banking association or a trust company, organized and doing business under the laws of any state or the United States of America, authorized under such laws to exercise corporate trust powers and to accept the trust conferred, having a combined capital and surplus of at least $50,000,000 and subject to supervision or examination by federal or state authority, (ii) an institution insured by the Federal Deposit Insurance Corporation or (iii) an institution whose long-term senior unsecured debt is rated either of the then in effect top two rating categories of each of the applicable Rating Agencies.