Examples of Note A-1A in a sentence
The Note A-1-A Holder shall have the right to designate the Master Servicer and Special Servicer for the Note A-1-A Securitization as long as each such party is a Qualified Servicer.
The preceding sentence shall not be construed to grant to the Non-Lead Securitization Note Holders the benefit of any representation or warranty made by the Initial Note A-1-A Holder or any document delivery obligation imposed on the Initial Note A-1-A Holder under any mortgage loan purchase and sale agreement, instrument of transfer or other document or instrument that may be executed or delivered by the Initial Note A-1-A Holder in connection with the Lead Securitization.
The Agent may be terminated at any time upon ten (10) days prior written notice from the Note A-1-A Holder.
The Noteholders acknowledge that the Note A-1-A TSA may contain certain provisions that give the Operating Advisor certain non-binding consultation rights with respect to Major Decisions related to compliance with the Risk Retention Rules applicable to the Lead Securitization.
The Master Servicer, the Special Servicer and the Trustee, as applicable, shall be entitled to make their own recoverability determination with respect to a principal and interest Advance to be made on the Lead Securitization Note based on the information that they have on hand and in accordance with the Note A-1-A TSA.
The Non-Lead Master Servicer may be required to make principal and interest Advances on a Non-Lead Securitization Note, from time to time, subject to the terms of the Non-Lead Securitization Servicing Agreement, the Note A-1-A TSA and this Agreement.
On and after the First Securitization Date, but prior to the Note A-1A Securitization Date, the originals of all of the Mortgage Loan Documents (other than the Notes) shall be held in the name of the trustee (and held by a duly appointed custodian therefor) under the related Securitization Servicing Agreement on behalf of the registered holders of the Notes.
The originals of all of the Mortgage Loan Documents (other than Note A-1-A and Note A-1-B) will be held by the Note A-2 Trustee (or by a custodian on its behalf) under the terms of the Note A-2 PSA on behalf of all of the Holders until the Note A-1-A Securitization Date, at which time the originals of all of the Mortgage Loan Documents (other than Note A-1-B and Note A-2) will be transferred to and held by the Note A-1-A Trustee (or by a custodian on its behalf) on behalf of all of the Holders.
The Lead Servicer, each Non-Lead Master Servicer and any Trustee will be entitled to interest on any Advance made in the manner and from the sources provided in the Note A-1-A PSA, the Note A-1-B PSA or the Note A-2 PSA, as applicable.
The obligations of the Note A-1-A Holder, the Note A-1-B Holder and the Note A-2 Holder under this Section 5 constitute absolute, unconditional and continuing obligations and each Servicer shall be deemed a third-party beneficiary of these provisions.