Examples of Note A-11 Holder in a sentence
The average tree height in the study area is 9 m and the average forest canopy coverage is 64%.
The Note A-1-1 Holder (or the Servicer acting on its behalf) shall deposit such amounts to the applicable account within two (2) Business Days after receipt of properly identified funds by the Note A-1-1 Holder (or the Servicer acting on its behalf) from or on behalf of the Mortgage Loan Borrower.
Subject to the provisions of Section 5(f) hereof, each Non-Controlling Note Holder, the Note B-1 Holder and the Note B-2 Holder further agrees that only the Note A-1-1 Holder, as a creditor, can make any election, give any consent, commence any action or file any motion, claim, obligation, notice or application or take any other action in any case by or against the Mortgage Loan Borrower under the Bankruptcy Code or in any other Insolvency Proceeding.
In no event shall the Note A-1-1 Holder (or Servicer acting on its behalf) be obligated at any time to follow or take any alternative actions recommended by the Non-Controlling Note Holder (or its controlling class representative).
The Note A-1-1 Holder (or the Servicer on its behalf) shall service the Mortgage Loan in accordance with the terms of this Agreement, including without limitation the rights of the Note B Holder set forth in Section 5(f) below.
If the Note A-1-1 Holder is the Controlling Noteholder, no Controlling Noteholder Representative shall be appointed and the rights of the Note A-1-1 Holder exercisable by the Controlling Class Representative shall be as set forth in the Servicing Agreement.
The Noteholders agree that the provisions of this Section 5(e) shall be effected by compliance by the Note A-1-1 Holder or its assignees with this Agreement or the Servicing Agreement or any other agreement which governs the administration of the Mortgage Loan or the Note A-1-1 Holder’s interests therein.
The Note A-1-1 Holder shall not be obligated to make any payment hereunder to any Note B Holder in respect of its respective B Note or otherwise until such Note B Holder shall have furnished to the Note A-1-1 Holder the requested forms, certificates, statements or documents.
The Note A-1-1 Holder (or the Servicer acting on behalf of the Note A-1-1 Holder) shall not have any fiduciary duty to the Non-Controlling Note Holder, the Note B-1 Holder or the Note B-2 Holder in connection with the administration of the Mortgage Loan (but the foregoing shall not relieve the Note A-1-1 Holder from the obligation to make any disbursement of funds as set forth herein).
Upon the delivery of the Noteholder Purchase Notice to each Senior Note, each Senior Note Holder shall sell (and the Note B Holder shall purchase) the Senior Notes (including, without limitation, any Notes therein) at the applicable Defaulted Mortgage Loan Purchase Price, on a date (the “Defaulted Note Purchase Date”) not less than ten (10) and not more than thirty (30) days after the date of the Noteholder Purchase Notice, as shall be established by the Note A-1-1 Holder.