Note A-8 Holder definition
Examples of Note A-8 Holder in a sentence
The Person in whose name a Note is so registered shall be deemed and treated as the sole owner and holder thereof for all purposes of this Agreement, except in the case of the Initial Note A-1 Holder, the Initial Note A-2 Holder, the Initial Note A-3 Holder, the Initial Note A-4 Holder, the Initial Note A-5 Holder, the Initial Note A-6 Holder, the Initial Note A-7 Holder and the Initial Note A-8 Holder who may hold their Notes through a nominee.
BSP, as Initial Note A-1 Holder, Initial Note A-5 Holder and Initial Note A-8 Holder, intends to sell, transfer and assign all of its right, title and interest in and to Note A-1, Note A-5 and Note A-8 to RREF V – D Direct Lending Investments, LLC, a Delaware limited liability company (“Rialto”), pursuant to a Mortgage Loan Purchase Agreement dated as of October 27, 2025, among Rialto, as purchaser, BSP, as seller, and Franklin BSP Realty Trust, Inc.
The obligations of the Note A-1 Holder, the Note A-2 Holder, the Note A-3 Holder, the Note A-4 Holder, the Note A-5 Holder, the Note A-6 Holder, the Note A-7 Holder and the Note A-8 Holder under this Section 5 constitute absolute, unconditional and continuing obligations and each Servicer shall be deemed a third-party beneficiary of these provisions.
To the extent another party is appointed as Agent hereunder, the Note A-1 Holder, the Note A-2 Holder, the Note A-3 Holder, the Initial Note A-4 Holder, the Initial Note A-5 Holder, the Initial Note A-6 Holder, the Initial Note A-7 Holder and the Initial Note A-8 Holder, hereby designates such person as its agent under this Section 14 solely for purposes of maintaining the Note Register.
Each of the Note A-1 Holder, the Note A-2 Holder, the Note A-3 Holder, the Note A-4 Holder, the Note A-5 Holder, the Note A-6 Holder, the Note A-7 Holder and the Note A-8 Holder agrees that if at any time it shall receive from any sources whatsoever any payment on account of the Mortgage Loan in excess of its distributable share thereof, it will promptly remit such excess to the Master Servicer.