Common use of Borrower’s Obligations Clause in Contracts

Borrower’s Obligations. The Borrowers' obligations under the 2023-A Exchange Note and the other Sold Property are solely the Borrowers' obligations and are not the Depositor's obligation or an interest in any of the Depositor's assets. The Issuer acknowledges and agrees that it has no right, title or interest in any assets of the Depositor for the payment of amounts due or for the performance of obligations under the 2023-A Exchange Note or the other Sold Property.

Borrower’s Obligations. The Borrowers' ’ obligations under the 20232019-A Exchange Note and the other Sold Property are solely the Borrowers' ’ obligations and are not the Depositor's ’s obligation or an interest in any of the Depositor's ’s assets. The Issuer acknowledges and agrees that it has no right, title or interest in any assets of the Depositor for the payment of amounts due or for the performance of obligations under the 20232019-A Exchange Note or the other Sold Property.

Borrower’s Obligations. The Borrowers' ’ obligations under the 20232019-A B Exchange Note and the other Sold Property are solely the Borrowers' ’ obligations and are not the Depositor's ’s obligation or an interest in any of the Depositor's ’s assets. The Issuer acknowledges and agrees that it has no right, title or interest in any assets of the Depositor for the payment of amounts due or for the performance of obligations under the 20232019-A B Exchange Note or the other Sold Property.

Borrower’s Obligations. The Borrowers' ’ obligations under the 20232020-A Exchange Note and the other Sold Property are solely the Borrowers' ’ obligations and are not the Depositor's ’s obligation or an interest in any of the Depositor's ’s assets. The Issuer acknowledges and agrees that it has no right, title or interest in any assets of the Depositor for the payment of amounts due or for the performance of obligations under the 20232020-A Exchange Note or the other Sold Property.

Borrower’s Obligations. The Borrowers' ’ obligations under the 20232016-A Exchange Note and the other Sold Property are solely the Borrowers' ’ obligations and are not the Depositor's ’s obligation or an interest in any of the Depositor's ’s assets. The Issuer acknowledges and agrees that it has no right, title or interest in any assets of the Depositor for the payment of amounts due or for the performance of obligations under the 20232016-A Exchange Note or the other Sold Property.

Borrower’s Obligations. The Borrowers' ’ obligations under the 20232017-A Exchange Note and the other Sold Property are solely the Borrowers' ’ obligations and are not the Depositor's ’s obligation or an interest in any of the Depositor's ’s assets. The Issuer acknowledges and agrees that it has no right, title or interest in any assets of the Depositor for the payment of amounts due or for the performance of obligations under the 20232017-A Exchange Note or the other Sold Property.

Borrower’s Obligations. The Borrowers' ’ obligations under the 20232018-A Exchange Note and the other Sold Property are solely the Borrowers' ’ obligations and are not the Depositor's ’s obligation or an interest in any of the Depositor's ’s assets. The Issuer acknowledges and agrees that it has no right, title or interest in any assets of the Depositor for the payment of amounts due or for the performance of obligations under the 20232018-A Exchange Note or the other Sold Property.

Borrower’s Obligations. The Borrowers' ’ obligations under the 20232017-A B Exchange Note and the other Sold Property are solely the Borrowers' ’ obligations and are not the Depositor's ’s obligation or an interest in any of the Depositor's ’s assets. The Issuer acknowledges and agrees that it has no right, title or interest in any assets of the Depositor for the payment of amounts due or for the performance of obligations under the 20232017-A B Exchange Note or the other Sold Property.

Borrower’s Obligations. The Borrowers' obligations under the 20232022-A Exchange Note and the other Sold Property are solely the Borrowers' obligations and are not the Depositor's obligation or an interest in any of the Depositor's assets. The Issuer acknowledges and agrees that it has no right, title or interest in any assets of the Depositor for the payment of amounts due or for the performance of obligations under the 20232022-A Exchange Note or the other Sold Property.

Borrower’s Obligations. The Borrowers' obligations under the 20232025-A Exchange Note and the other Sold Property are solely the Borrowers' obligations and are not the Depositor's obligation or an interest in any of the Depositor's assets. The Issuer acknowledges and agrees that it has no right, title or interest in any assets of the Depositor for the payment of amounts due or for the performance of obligations under the 20232025-A Exchange Note or the other Sold Property.

Borrower’s Obligations. The Borrowers' ’ obligations under the 20232020-A B Exchange Note and the other Sold Property are solely the Borrowers' ’ obligations and are not the Depositor's ’s obligation or an interest in any of the Depositor's ’s assets. The Issuer acknowledges and agrees that it has no right, title or interest in any assets of the Depositor for the payment of amounts due or for the performance of obligations under the 20232020-A B Exchange Note or the other Sold Property.

Borrower’s Obligations. The Borrowers' ’ obligations under the 20232021-A B Exchange Note and the other Sold Property are solely the Borrowers' ’ obligations and are not the Depositor's ’s obligation or an interest in any of the Depositor's ’s assets. The Issuer acknowledges and agrees that it has no right, title or interest in any assets of the Depositor for the payment of amounts due or for the performance of obligations under the 20232021-A B Exchange Note or the other Sold Property.

Borrower’s Obligations. The Borrowers' obligations under the 2023-A B Exchange Note and the other Sold Property are solely the Borrowers' obligations and are not the Depositor's obligation or an interest in any of the Depositor's assets. The Issuer acknowledges and agrees that it has no right, title or interest in any assets of the Depositor for the payment of amounts due or for the performance of obligations under the 2023-A B Exchange Note or the other Sold Property.

Borrower’s Obligations. The Borrowers' obligations under the 20232024-A B Exchange Note and the other Sold Property are solely the Borrowers' obligations and are not the Depositor's obligation or an interest in any of the Depositor's assets. The Issuer acknowledges and agrees that it has no right, title or interest in any assets of the Depositor for the payment of amounts due or for the performance of obligations under the 20232024-A B Exchange Note or the other Sold Property.

Borrower’s Obligations. The Borrowers' obligations under the 20232025-A B Exchange Note and the other Sold Property are solely the Borrowers' obligations and are not the Depositor's obligation or an interest in any of the Depositor's assets. The Issuer acknowledges and agrees that it has no right, title or interest in any assets of the Depositor for the payment of amounts due or for the performance of obligations under the 20232025-A B Exchange Note or the other Sold Property.

Borrower’s Obligations. The Borrowers' obligations under the 20232024-A Exchange Note and the other Sold Property are solely the Borrowers' obligations and are not the Depositor's obligation or an interest in any of the Depositor's assets. The Issuer acknowledges and agrees that it has no right, title or interest in any assets of the Depositor for the payment of amounts due or for the performance of obligations under the 20232024-A Exchange Note or the other Sold Property.

Borrower’s Obligations. The Borrowers' ’ obligations under the 20232021-A Exchange Note and the other Sold Property are solely the Borrowers' ’ obligations and are not the Depositor's ’s obligation or an interest in any of the Depositor's ’s assets. The Issuer acknowledges and agrees that it has no right, title or interest in any assets of the Depositor for the payment of amounts due or for the performance of obligations under the 20232021-A Exchange Note or the other Sold Property.

Borrower’s Obligations. The Borrowers' ’ obligations under the 20232018-A B Exchange Note and the other Sold Property are solely the Borrowers' ’ obligations and are not the Depositor's ’s obligation or an interest in any of the Depositor's ’s assets. The Issuer acknowledges and agrees that it has no right, title or interest in any assets of the Depositor for the payment of amounts due or for the performance of obligations under the 20232018-A B Exchange Note or the other Sold Property.