Examples of Note A-1C in a sentence
The Non-Controlling Note Holder Representatives, as of the date of this Agreement and until the Lead Securitization Note Holder (and the Master Servicer and the Special Servicer) is notified otherwise, shall be the Note A-1-B Holder, the Note A-1-C Holder, the Note A-2-A Holder, the Note A-2-B Holder and the Note A-2-C Holder.
Xxxxx Xx Xxxxx Title: Authorized Signatory NEW YORK BRANCH, as Initial Note A-1-C Holder By: /s/ Xxxxxx X.
Additional cure periods shall only be permitted with the consent of the Lead Securitization Noteholder and, in the case of additional cure periods requested by (i) the Note A-1-C Holders, the Note A-1-B Holder’s consent will also be required, and (ii) the Note A-1-D Holder, each Note A-1-C Holder’s consent will also be required.
In the case of a Non-Monetary Default, if a Note A-1-C Holder does not consummate such cure, notice of which failure the Lead Securitization Noteholder shall promptly communicate (or cause a Servicer to communicate) such fact to the Note A-1-B Holder, then, in the case of a failure by a Note A-1-C Holder in circumstances in which the Note A-1-B Holder delivered a notice of exercise, the Note A-1-B Holder shall have the right to effectuate such cure within the time period for a cure specified above.
As of the date hereof, the Note A-1-C Holders hereby designate the Note A-1-C Holders as the representative to exercise all of the rights of the Note A-1-C Holders pursuant to this Section 19, until such time as the Note A-1-C Holders shall notify the other Noteholders in writing.
The Note A-1-B Holder, acting unanimously, the Note A-1-C Holders, acting unanimously, and the Note A-1-D Holder, acting unanimously, shall each have the right, but not the obligation, to cure such Monetary Default within seven (7) Business Days after receiving the Monetary Default Notice (the “Cure Period”) and at no other times.
If the subject Note is held by more than one Noteholder at any time, the holders of a majority of the Note A-1-B Principal Balance, the Note A-1-C Principal Balance or the Note A-1-D Principal Balance, as applicable, shall immediately appoint a representative to exercise all rights of such Subordinate Fixed Rate Noteholder hereunder.
The Non-Controlling Note Holder Representatives, as of the date of this Agreement and until the Lead Securitization Note Holder (and the Master Servicer and the Special Servicer) is notified otherwise, shall be the Initial Note A-1-B Holder, the Initial Note A-1-C Holder, the Initial Note A-2-A Holder and the Initial Note A-2-B Holder.
Each Note A-1-C and the rights of the Note A-1-C Holders to receive payments of interest, principal and other amounts with respect to such Note A-1-C shall at all times be junior, subject and subordinate to the Note A-1-A and the Note A-1-B and the respective rights of the Note A-1-A Holders and the Note A-1-B Holder to receive payments of interest, principal and other amounts with respect to such Note A-1-A and Note A-1-B as and to the extent set forth herein.
In connection with any such Securitization of Note A-1-A, Note A-1-B, Note A-1-C, Note A-2-A, Note A-2-B or Note A-2-C, each other Noteholder agrees to provide for inclusion in any disclosure document relating to the related Securitization such customary non-confidential information concerning such Noteholder as the requesting Noteholder reasonably determines to be necessary to satisfy its disclosure obligations in connection with its Securitization.