Examples of Note A Holders in a sentence
Each of the Note A Holders represents and warrants that it is duly organized, validly existing, in good standing and in possession of all licenses and authorizations necessary to carry on its respective businesses.
Each of the Note A Holders acknowledges that no other Noteholder owes such Noteholder any fiduciary duty with respect to any action taken under the Mortgage Loan Documents and, except as provided herein or in the Servicing Agreement, need not consult with such Noteholder with respect to any action taken by such Noteholder in connection with the Mortgage Loan.
Each of the Note A Holders represents and warrants that the execution, delivery and performance of this Agreement is within its corporate powers, has been duly authorized by all necessary corporate action, and does not contravene such Noteholder’s charter or any law or contractual restriction binding upon such Noteholder and that this Agreement is the legal, valid and binding obligation of such Noteholder as applicable enforceable against it in accordance with its terms.
The Note A Holders shall cause Situs Holdings, LLC to be appointed as the initial Special Servicer for the Mortgage Loan in connection with the initial closing of the Note A-1 Securitization and the Note A Holders shall be responsible for (i) the reasonable fees and expenses (subject to an aggregate cap of $35,000) of Situs Holdings, LLC in connection with such initial appointment and (ii) all other costs and expenses incurred by any Note A Holder in connection with such appointment.