Common use of Description of Notes Clause in Contracts

Description of Notes. Note Initial Note Principal Balance Initial Percentage Interest (approx.) Note Interest Rate (per annum) Note Default Interest Rate Initial Holder Standalone Note (Yes/No) Note A-1-S1 $100,000,000 0.0083333333333333% 3.0045% the lesser of (i) the maximum allowable legal rate and (ii) 4% above the Note Interest Rate DBNY Yes Note A-1-S2 $60,000,000 0.0500000000000000% 3.0045% the lesser of (i) the maximum allowable legal rate and (ii) 4% above the Note Interest Rate DBNY Yes Note A-1-S3 $40,000,000 0.0333333333333333% 3.0045% the lesser of (i) the maximum allowable legal rate and (ii) 4% above the Note Interest Rate DBNY Yes Note A-1-C1 $25,000,000 0.0208333333333333% 3.0045% the lesser of (i) the maximum allowable legal rate and (ii) 4% above the Note Interest Rate DBNY No Note A-1-C2 $37,500,000 0.0312500000000000% 3.0045% the lesser of (i) the maximum allowable legal rate and (ii) 4% above the Note Interest Rate DBNY No Note A-1-C3 $50,000,000 0.0416666666666667% 3.0045% the lesser of (i) the maximum allowable legal rate and (ii) 4% above the Note Interest Rate DBNY No Note A-1-C4 $50,000,000 0.0416666666666667% 3.0045% the lesser of (i) the maximum allowable legal rate and (ii) 4% above the Note Interest Rate DBNY No Note A-1-C5 $25,000,000 0.0208333333333333% 3.0045% the lesser of (i) the maximum allowable legal rate and (ii) 4% above the Note Interest Rate DBNY No Note A-1-C6 $25,000,000 0.0208333333333333% 3.0045% the lesser of (i) the maximum allowable legal rate and (ii) 4% above the Note Interest Rate DBNY No Note A-1-C7 $25,000,000 0.0208333333333333% 3.0045% the lesser of (i) the maximum allowable legal rate and (ii) 4% above the Note Interest Rate DBNY No Note A-1-C8 $12,500,000 0.0104166666666667% 3.0045% the lesser of (i) the maximum allowable legal rate and (ii) 4% above the Note Interest Rate DBNY No Note A-2-S1 $50,000,000 0.0416666666666667% 3.0045% the lesser of (i) the maximum allowable legal rate and (ii) 4% above the Note Interest Rate MSBNA Yes Note A-2-S2 $30,000,000 0.0250000000000000% 3.0045% the lesser of (i) the maximum allowable legal rate and (ii) 4% above the Note Interest Rate MSBNA Yes Note A-2-S3 $20,000,000 0.0166666666666667% 3.0045% the lesser of (i) the maximum allowable legal rate and (ii) 4% above the Note Interest Rate MSBNA Yes Note A-2-C1 $12,500,000 0.0104166666666667% 3.0045% the lesser of (i) the maximum allowable legal rate and (ii) 4% above the Note Interest Rate MSBNA Yes Note A-2-C2 $18,750,000 0.0156250000000000% 3.0045% the lesser of (i) the maximum allowable legal rate and (ii) 4% above the Note Interest Rate MSBNA No Note A-2-C3 $30,000,000 0.0250000000000000% 3.0045% the lesser of (i) the maximum allowable legal rate and (ii) 4% above the Note Interest Rate MSBNA Yes Note A-2-C4 $20,000,000 0.0166666666666667% 3.0045% the lesser of (i) the maximum allowable legal rate and (ii) 4% above the Note Interest Rate MSBNA Yes Note A-2-C5 $20,000,000 0.0166666666666667% 3.0045% the lesser of (i) the maximum allowable legal rate and (ii) 4% above the Note Interest Rate MSBNA No Note A-2-C6 $13,750,000 0.0114583333333333% 3.0045% the lesser of (i) the maximum allowable legal rate and (ii) 4% above the Note Interest Rate MSBNA No Note A-2-C7 $10,000,000 0.0083333333333333% 3.0045% the lesser of (i) the maximum allowable legal rate and (ii) 4% above the Note Interest Rate MSBNA No

Appears in 3 contracts

Samples: Co Lender Agreement (Benchmark 2019-B15 Mortgage Trust), Co Lender Agreement (COMM 2019-Gc44 Mortgage Trust), Co Lender Agreement (JPMDB Commercial Mortgage Securities Trust 2019-Cor6)

AutoNDA by SimpleDocs

Description of Notes. Note Initial Note Principal Balance Initial Percentage Interest (approx.) Note Interest Rate (per annum) Note Default Interest Rate Initial Holder Standalone Note (Yes/No) Note A-1-S1 $100,000,000 0.0083333333333333% 3.0045% the lesser of (i) the maximum allowable legal rate and (ii) 4% above the Note Interest Rate DBNY Yes Note A-1-S2 $60,000,000 0.0500000000000000% 3.0045% the lesser of (i) the maximum allowable legal rate and (ii) 4% above the Note Interest Rate DBNY Yes Note A-1-S3 $40,000,000 0.0333333333333333% 3.0045% the lesser of (i) the maximum allowable legal rate and (ii) 4% above the Note Interest Rate DBNY Yes Note A-1-C1 $25,000,000 0.0208333333333333% 3.0045% the lesser of (i) the maximum allowable legal rate and (ii) 4% above the Note Interest Rate DBNY No Note A-1-C2 $37,500,000 0.0312500000000000% 3.0045% the lesser of (i) the maximum allowable legal rate and (ii) 4% above the Note Interest Rate DBNY No Note A-1-C3 $50,000,000 0.0416666666666667% 3.0045% the lesser of (i) the maximum allowable legal rate and (ii) 4% above the Note Interest Rate DBNY No Note A-1-C4 $50,000,000 0.0416666666666667% 3.0045% the lesser of (i) the maximum allowable legal rate and (ii) 4% above the Note Interest Rate DBNY No Note A-1-C5 $25,000,000 0.0208333333333333% 3.0045% the lesser of (i) the maximum allowable legal rate and (ii) 4% above the Note Interest Rate DBNY No Note A-1-C6 $25,000,000 0.0208333333333333% 3.0045% the lesser of (i) the maximum allowable legal rate and (ii) 4% above the Note Interest Rate DBNY No Note A-1-C7 $25,000,000 0.0208333333333333% 3.0045% the lesser of (i) the maximum allowable legal rate and (ii) 4% above the Note Interest Rate DBNY No Note A-1-C8 $12,500,000 0.0104166666666667% 3.0045% the lesser of (i) the maximum allowable legal rate and (ii) 4% above the Note Interest Rate DBNY No Note A-2-S1 $50,000,000 0.0416666666666667% 3.0045% the lesser of (i) the maximum allowable legal rate and (ii) 4% above the Note Interest Rate MSBNA Yes Note A-2-S2 $30,000,000 0.0250000000000000% 3.0045% the lesser of (i) the maximum allowable legal rate and (ii) 4% above the Note Interest Rate MSBNA Yes Note A-2-S3 $20,000,000 0.0166666666666667% 3.0045% the lesser of (i) the maximum allowable legal rate and (ii) 4% above the Note Interest Rate MSBNA Yes Note A-2-C1 $12,500,000 0.0104166666666667% 3.0045% the lesser of (i) the maximum allowable legal rate and (ii) 4% above the Note Interest Rate MSBNA Yes Note A-2-C2 $18,750,000 0.0156250000000000% 3.0045% the lesser of (i) the maximum allowable legal rate and (ii) 4% above the Note Interest Rate MSBNA No Note A-2-C3 $30,000,000 0.0250000000000000% 3.0045% the lesser of (i) the maximum allowable legal rate and (ii) 4% above the Note Interest Rate MSBNA Yes Note A-2-C4 $20,000,000 0.0166666666666667% 3.0045% the lesser of (i) the maximum allowable legal rate and (ii) 4% above the Note Interest Rate MSBNA Yes Note A-2-C5 $20,000,000 0.0166666666666667% 3.0045% the lesser of (i) the maximum allowable legal rate and (ii) 4% above the Note Interest Rate MSBNA No Note A-2-C6 $13,750,000 0.0114583333333333% 3.0045% the lesser of (i) the maximum allowable legal rate and (ii) 4% above the Note Interest Rate MSBNA No Note A-2-C7 $10,000,000 0.0083333333333333% 3.0045% the lesser of (i) the maximum allowable legal rate MSBNA No Note Initial Note Principal Balance Initial Percentage Interest (approx.) Note Interest Rate (per annum) Note Default Interest Rate Initial Holder Standalone Note (Yes/No) and (ii) 4% above the Note Interest Rate Note A-3-S1 $50,000,000 0.0416666666666667% 3.0045% the lesser of (i) the maximum allowable legal rate and (ii) 4% above the Note Interest Rate WFB Yes Note A-3-S2 $30,000,000 0.0250000000000000% 3.0045% the lesser of (i) the maximum allowable legal rate and (ii) 4% above the Note Interest Rate WFB Yes Note A-3-S3 $20,000,000 0.0166666666666667% 3.0045% the lesser of (i) the maximum allowable legal rate and (ii) 4% above the Note Interest Rate WFB Yes Note A-3-C1 $12,500,000 0.0104166666666667% 3.0045% the lesser of (i) the maximum allowable legal rate and (ii) 4% above the Note Interest Rate WFB Yes Note A-3-C2 $18,750,000 0.0156250000000000% 3.0045% the lesser of (i) the maximum allowable legal rate and (ii) 4% above the Note Interest Rate WFB No Note A-3-C3 $50,000,000 0.0416666666666667% 3.0045% the lesser of (i) the maximum allowable legal rate and (ii) 4% above the Note Interest Rate WFB Yes Note A-3-C4 $20,000,000 0.0166666666666667% 3.0045% the lesser of (i) the maximum allowable legal rate and (ii) 4% above the Note Interest Rate WFB No Note A-3-C5 $23,750,000 0.0197916666666667% 3.0045% the lesser of (i) the maximum allowable legal rate and (ii) 4% above the Note Interest Rate WFB No Note B-1 $150,000,000 0.1250000000000000% 3.0045% the lesser of (i) the maximum allowable legal rate and (ii) 4% above the Note Interest Rate DBNY Yes Note B-2 $75,000,000 0.0625000000000000% 3.0045% the lesser of (i) the maximum allowable legal rate and (ii) 4% above the Note Interest Rate MSBNA Yes Note B-3 $75,000,000 0.0625000000000000% 3.0045% the lesser of (i) the maximum allowable legal rate and (ii) 4% above the Note Interest Rate WFB Yes EXHIBIT B NOTICES DBNY as a Note A Holder: Deutsche Bank AG, New York Branch 00 Xxxx Xxxxxx, 00xx Xxxxx Xxx Xxxx, XX 00000 Attention: Xxxxxx X. Xxxxxxxxx, Xx. Facsimile No.: (000) 000-0000 with a copy to: Deutsche Bank AG, New York Branch 00 Xxxx Xxxxxx, 00xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: General Counsel Facsimile No.: (000) 000-0000 WFB as a Note A Holder: Xxxxx Fargo Bank, National Association 000 Xxxx Xxxxxx, 0xx Xxxxx X0000-000 Xxx Xxxx, Xxx Xxxx 00000 Attention: X.X. Xxxxxx Email: Xxxxxxx.xxxxxx@xxxxxxxxxx.xxx with a copy to: Xxxx Xxxxxxxx, Esq. Senior Counsel Xxxxx Fargo Law Department D1053-300 000 Xxxxx Xxxxxxx Xx. Xxxxxxxxx, Xxxxx Xxxxxxxx 00000 Email: xxxx.xxxxxxxx@xxxxxxxxxx.xxx with a copy to (if by email): xxxx.xxxxxxxx@xxxxxx.xxx and xxxxx.xxxxx@xxxxxx.xxx MSBNA as a Note A Holder: Xxxxxx Xxxxxxx Bank, N.A. 0000 Xxxxxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Xxxx Xxx with a copy to: Xxxxxx Xxxxxxx Bank, N.A. 0000 Xxxxxxxx, 00xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Legal Compliance Division Note B-1 Holder: Deutsche Bank AG, New York Branch 00 Xxxx Xxxxxx, 00xx Xxxxx Xxx Xxxx, XX 00000 Attention: Xxxxxx X. Xxxxxxxxx, Xx. Facsimile No.: (000) 000-0000 with a copy to: Deutsche Bank AG, New York Branch 00 Xxxx Xxxxxx, 00xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: General Counsel Facsimile No.: (000) 000-0000 Note B-2 Holder: Xxxxxx Xxxxxxx Bank, N.A. 0000 Xxxxxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Xxxx Xxx with a copy to: Xxxxxx Xxxxxxx Bank, N.A. 0000 Xxxxxxxx, 00xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Legal Compliance Division Note B-3 Holder: Xxxxx Fargo Bank, National Association 000 Xxxx Xxxxxx, 0xx Xxxxx X0000-000 Xxx Xxxx, New York 10152 Attention: X.X. Xxxxxx Email: Xxxxxxx.xxxxxx@xxxxxxxxxx.xxx with a copy to: Xxxx Xxxxxxxx, Esq. Senior Counsel Xxxxx Fargo Law Department D1053-300 000 Xxxxx Xxxxxxx Xx. Xxxxxxxxx, Xxxxx Xxxxxxxx 00000 Email: xxxx.xxxxxxxx@xxxxxxxxxx.xxx with a copy to (if by email):

Appears in 2 contracts

Samples: Co Lender Agreement (UBS Commercial Mortgage Trust 2019-C18), Co Lender Agreement (Bank 2019-Bnk23)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.