Note A-1-1 definition
Examples of Note A-1-1 in a sentence
Prior to the Note A-1-1 Securitization Date and the Note A-1-2 Securitization Date, the originals of all of the Mortgage Loan Documents (other than Note A-1-1 and Note A-1-2) will be held by the Initial Agent on behalf of the registered holders of the Notes.
On and after the Note A-1-1 Securitization Date, the originals of all of the Mortgage Loan Documents (other than any Notes not included in the Note A-1-1 Securitization) shall be transferred to and held in the name of the trustee (and held by a duly appointed custodian therefor) under the Note A-1-1 PSA, on behalf of the registered holders of the Notes.
Note A-1-1 and Note A-1-2 are collectively referred to herein as the “Notes”.
If the Lead Securitization is not also the Note A-1-1 Securitization, then on and after the Lead Securitization Date, the originals of all of the Mortgage Loan Documents (other than any Notes not included in such Lead Securitization, which will be held by the respective Note Holders or their designated custodians) shall be held in the name of the trustee (and held by a duly appointed custodian therefor) under the Lead Securitization Servicing Agreement, on behalf of the registered holders of the Notes.
If the Lead Securitization is not also the Note A-1-1 Securitization, then on and after the Lead Securitization Date the originals of all of the Mortgage Loan Documents (other than Note A-1-1 and any other Notes not included in such Lead Securitization) shall be held in the name of the trustee (and held by a duly appointed custodian therefor) under the Lead Securitization Servicing Agreement on behalf of the registered holders of the Notes.
The current designations, principal balances and Note Holders are: (i) one promissory note designated Promissory Note A-1-1 made by the Mortgage Loan Borrower in favor of UBS AG, New York Branch in the original principal amount of $60,000,000.00 and (ii) one promissory note designated Promissory Note A-1-2 made by the Mortgage Loan Borrower in favor of UBS AG, New York Branch in the original principal amount of $7,500,000.00.
On and after the Note A-1-1 Securitization Date, the originals of all of the Mortgage Loan Documents (other than Note A-1-2, unless any such Note is also included in the Note A-1-1 Securitization) shall be transferred to and held in the name of the trustee (and held by a duly appointed custodian therefor) under the Note A-1-1 PSA, on behalf of the registered holders of the Notes.