UBS AG, New York Branch definition

UBS AG, New York Branch shall have the meaning assigned to such term in the preamble to this Agreement.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

UBS AG, New York Branch means UBS AG, by and through its branch office at 1285 Avenue of the Americas, New York, New York and its successors in interest.

Examples of UBS AG, New York Branch in a sentence

The current designations, principal balances and Note Holders are: (i) one promissory note designated Amended, Restated and Severed Promissory Note A-1 made by the Mortgage Loan Borrower in favor of UBS AG New York Branch in the original principal amount of $59,500,000.00 and (ii) one promissory note designated Amended, Restated and Severed Promissory Note A-2 made by the Mortgage Loan Borrower in favor of UBS AG New York Branch in the original principal amount of $3,700,000.00.
Notwithstanding the foregoing, Note Holders hereby agree that, simultaneously with the closing of the Lead Securitization, the Master Servicer shall be deemed to have been automatically appointed as the successor Agent under this Agreement in place of UBS AG New York Branch without any further notice or other action.