Common use of Description of Notes Clause in Contracts

Description of Notes. Closing Date August 4, 2016 Initial Note A-1-EMP-C1 Principal Balance $32,892,473.10 Initial Note A-1-SFC-C1 Principal Balance $9,107,526.90 Initial Note A-1-EMP-C2 Principal Balance $23,494,623.70 Initial Note A-1-SFC-C2 Principal Balance $6,505,376.30 Co-Lender Agreement (San Francisco Centre) Initial Note A-1-EMP-C3 Principal Balance $23,494,623.70 Initial Note A-1-SFC-C3 Principal Balance $6,505,376.30 Initial Note A-1-EMP-C4 Principal Balance $18,426,833.30 Initial Note A-1-SFC-C4 Principal Balance $5,102,166.70 Initial Note A-2-EMP-C1 Principal Balance $32,892,473.10 Initial Note A-2-SFC-C1 Principal Balance $9,107,526.90 Initial Note A-2-EMP-C2 Principal Balance $23,494,623.70 Initial Note A-2-SFC-C2 Principal Balance $6,505,376.30 Initial Note A-2-EMP-C3 Principal Balance $23,494,623.70 Initial Note A-2-SFC-C3 Principal Balance $6,505,376.30 Initial Note A-2-EMP-C4 Principal Balance $18,426,833.30 Initial Note A-2-SFC-C4 Principal Balance $5,102,166.70 Initial Note A-1-EMP-S1 Principal Balance $35,637,232.50 Initial Note A-1-SFC-S1 Principal Balance $9,867,517.50 Initial Note A-1-EMP-S2 Principal Balance $35,637,232.50 Initial Note A-1-SFC-S2 Principal Balance $9,867,517.50 Initial Note A-2-EMP-S1 Principal Balance $35,637,232.50 Initial Note A-2-SFC-S1 Principal Balance $9,867,517.50 Initial Note A-2-EMP-S2 Principal Balance $35,637,232.50 Initial Note A-2-SFC-S2 Principal Balance $9,867,517.50 Initial Note B-1-EMP Principal Balance $48,916,981.20 Initial Note B-1-SFC Principal Balance $13,544,518.80 Initial Note B-2-EMP Principal Balance $48,916,981.20 Initial Note B-2-SFC Principal Balance $13,544,518.80 Approximate Initial Note A-1-EMP-C1 5.89471% Co-Lender Agreement (San Francisco Centre) Percentage Interest Approximate Initial Note A-1-SFC-C1 Percentage Interest 1.63217% Approximate Initial Note A-1-EMP-C2 Percentage Interest 4.21051% Approximate Initial Note A-1-SFC-C2 Percentage Interest 1.16584% Approximate Initial Note A-1-EMP-C3 Percentage Interest 4.21051% Approximate Initial Note A-1-SFC-C3 Percentage Interest 1.16584% Approximate Initial Note A-1-EMP-C4 Percentage Interest 3.30230% Approximate Initial Note A-1-SFC-C4 Percentage Interest 0.91437% Approximate Initial Note A-2-EMP-C1 Percentage Interest 5.89471% Approximate Initial Note A-2-SFC-C1 Percentage Interest 1.63217% Approximate Initial Note A-2-EMP-C2 Percentage Interest 4.21051% Approximate Initial Note A-2-SFC-C2 Percentage Interest 1.16584% Approximate Initial Note A-2-EMP-C3 Percentage Interest 4.21051% Approximate Initial Note A-2-SFC-C3 Percentage Interest 1.16584% Approximate Initial Note A-2-EMP-C4 Percentage Interest 3.30230% Approximate Initial Note A-2-SFC-C4 Percentage Interest 0.91437% Approximate Initial Note A-1-EMP-S1 Percentage Interest 6.38660% Approximate Initial Note A-1-SFC-S1 Percentage Interest 1.76837% Approximate Initial Note A-1-EMP-S2 Percentage Interest 6.38660% Approximate Initial Note A-1-SFC-S2 Percentage Interest 1.76837% Approximate Initial Note A-2-EMP-S1 Percentage Interest 6.38660% Approximate Initial Note A-2-SFC-S1 Percentage Interest 1.76837% Approximate Initial Note A-2-EMP-S2 Percentage Interest 6.38660% Co-Lender Agreement (San Francisco Centre) Approximate Initial Note A-2-SFC-S2 Percentage Interest 1.76837% Approximate Initial Note B-1-EMP Percentage Interest 8.76648% Approximate Initial Note B-1-SFC Percentage Interest 2.42733% Approximate Initial Note B-2-EMP Percentage Interest 8.76648% Approximate Initial Note B-2-SFC Percentage Interest 2.42733% Note A-1-EMP-C1 Interest Rate 3.394% per annum Note A-1-SFC-C1 Interest Rate 3.394% per annum Note A-1-EMP-C2 Interest Rate 3.394% per annum Note A-1-SFC-C2 Interest Rate 3.394% per annum Note A-1-EMP-C3 Interest Rate 3.394% per annum Note A-1-SFC-C3 Interest Rate 3.394% per annum Note A-1-EMP-C4 Interest Rate 3.394% per annum Note A-1-SFC-C4 Interest Rate 3.394% per annum Note A-2-EMP-C1 Interest Rate 3.394% per annum Note A-2-SFC-C1 Interest Rate 3.394% per annum Note A-2-EMP-C2 Interest Rate 3.394% per annum Note A-2-SFC-C2 Interest Rate 3.394% per annum Note A-2-EMP-C3 Interest Rate 3.394% per annum Note A-2-SFC-C3 Interest Rate 3.394% per annum Note A-2-EMP-C4 Interest Rate 3.394% per annum Note A-2-SFC-C4 Interest Rate 3.394% per annum Note A-1-EMP-S1 Interest Rate 3.394% per annum Note A-1-SFC-S1 Interest Rate 3.394% per annum Note A-1-EMP-S2 Interest Rate 3.394% per annum Note A-1-SFC-S2 Interest Rate 3.394% per annum Note A-2-EMP-S1 Interest Rate 3.394% per annum Note A-2-SFC-S1 Interest Rate 3.394% per annum Note A-2-EMP-S2 Interest Rate 3.394% per annum Note A-2-SFC-S2 Interest Rate 3.394% per annum Note B-1-EMP Interest Rate 3.394% per annum Note B-1-SFC Interest Rate 3.394% per annum Note B-2-EMP Interest Rate 3.394% per annum Note B-2-SFC Interest Rate 3.394% per annum Note A-1-EMP-C1 Default Interest Rate the lesser of (i) the maximum legal rate and (ii) 3% above the Note A-1-C1 Interest Rate Note A-1-SFC-C1 Default Interest Rate the lesser of (i) the maximum legal rate and (ii) 3% above the Note A-1-C1 Interest Rate Note A-1-EMP-C2 Default Interest Rate the lesser of (i) the maximum legal rate and (ii) 3% above the Note A-1-C2 Interest Rate Co-Lender Agreement (San Francisco Centre) Note A-1-SFC-C2 Default Interest Rate the lesser of (i) the maximum legal rate and (ii) 3% above the Note A-1-C2 Interest Rate Note A-1-EMP-C3 Default Interest Rate the lesser of (i) the maximum legal rate and (ii) 3% above the Note A-1-C3 Interest Rate Note A-1-SFC-C3 Default Interest Rate the lesser of (i) the maximum legal rate and (ii) 3% above the Note A-1-C3 Interest Rate Note A-1-EMP-C4 Default Interest Rate the lesser of (i) the maximum legal rate and (ii) 3% above the Note A-1-C4 Interest Rate Note A-1-SFC-C4 Default Interest Rate the lesser of (i) the maximum legal rate and (ii) 3% above the Note A-1-C4 Interest Rate Note A-2-EMP-C1 Default Interest Rate the lesser of (i) the maximum legal rate and (ii) 3% above the Note A-2-C1 Interest Rate Note A-2-SFC-C1 Default Interest Rate the lesser of (i) the maximum legal rate and (ii) 3% above the Note A-2-C1 Interest Rate Note A-2-EMP-C2 Default Interest Rate the lesser of (i) the maximum legal rate and (ii) 3% above the Note A-2-C2 Interest Rate Note A-2-SFC-C2 Default Interest Rate the lesser of (i) the maximum legal rate and (ii) 3% above the Note A-2-C2 Interest Rate Note A-2-EMP-C3 Default Interest Rate the lesser of (i) the maximum legal rate and (ii) 3% above the Note A-2-C3 Interest Rate Note A-2-SFC-C3 Default Interest Rate the lesser of (i) the maximum legal rate and (ii) 3% above the Note A-2-C3 Interest Rate Note A-2-EMP-C4 Default Interest Rate the lesser of (i) the maximum legal rate and (ii) 3% above the Note A-2-C4 Interest Rate Note A-2-SFC-C4 Default Interest Rate the lesser of (i) the maximum legal rate and (ii) 3% above the Note A-2-C4 Interest Rate Note A-1-EMP-S1 Default Interest Rate the lesser of (i) the maximum legal rate and (ii) 3% above the Note A-1-S1 Interest Rate Note A-1-SFC-S1 Default Interest Rate the lesser of (i) the maximum legal rate and (ii) 3% above the Note A-1-S1 Interest Rate Note A-1-EMP-S2 Default Interest Rate the lesser of (i) the maximum legal rate and (ii) 3% above the Note A-1-S2 Interest Rate Note A-1-SFC-S2 Default Interest Rate the lesser of (i) the maximum legal rate and (ii) 3% above the Note A-1-S2 Interest Rate Note A-2-EMP-S1 Default Interest Rate the lesser of (i) the maximum legal rate and (ii) 3% above the Note A-2-S1 Interest Rate Note A-2-SFC-S1 Default Interest Rate the lesser of (i) the maximum legal rate and (ii) 3% above the Note A-2-S1 Interest Rate Note A-2-EMP-S2 Default Interest Rate the lesser of (i) the maximum legal rate and (ii) 3% above the Note A-2-S2 Interest Rate Note A-2-SFC-S2 Default Interest Rate the lesser of (i) the maximum legal rate and (ii) 3% above the Note A-2-S2 Interest Rate Note B-1-EMP Default Interest Rate the lesser of (i) the maximum legal rate and (ii) 3% above the Note B-1 Interest Rate Note B-1-SFC Default Interest Rate the lesser of (i) the maximum legal rate and Co-Lender Agreement (San Francisco Centre)

Appears in 4 contracts

Samples: Co Lender Agreement (JPMDB Commercial Mortgage Securities Trust 2016-C4), Co Lender Agreement (JPMCC Commercial Mortgage Securities Trust 2016-Jp3), Co Lender Agreement (CD 2016-Cd1 Mortgage Trust)

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Description of Notes. Closing Date August 4, 2016 Initial Note A-1-EMP-C1 Principal Balance $32,892,473.10 Initial Note A-1-SFC-C1 Principal Balance $9,107,526.90 Initial Note A-1-EMP-C2 Principal Balance $23,494,623.70 Initial Note A-1-SFC-C2 Principal Balance $6,505,376.30 Co-Lender Agreement (San Francisco Centre) Initial Note A-1-EMP-C3 Principal Balance $23,494,623.70 Initial Note A-1-SFC-C3 Principal Balance $6,505,376.30 Initial Note A-1-EMP-C4 Principal Balance $18,426,833.30 Initial Note A-1-SFC-C4 Principal Balance $5,102,166.70 Initial Note A-2-EMP-C1 Principal Balance $32,892,473.10 Initial Note A-2-SFC-C1 Principal Balance $9,107,526.90 Initial Note A-2-EMP-C2 Principal Balance $23,494,623.70 Initial Note A-2-SFC-C2 Principal Balance $6,505,376.30 Initial Note A-2-EMP-C3 Principal Balance $23,494,623.70 Initial Note A-2-SFC-C3 Principal Balance $6,505,376.30 Initial Note A-2-EMP-C4 Principal Balance $18,426,833.30 Initial Note A-2-SFC-C4 Principal Balance $5,102,166.70 Initial Note A-1-EMP-S1 Principal Balance $35,637,232.50 Initial Note A-1-SFC-S1 Principal Balance $9,867,517.50 Initial Note A-1-EMP-S2 Principal Balance $35,637,232.50 Initial Note A-1-SFC-S2 Principal Balance $9,867,517.50 Initial Note A-2-EMP-S1 Principal Balance $35,637,232.50 Initial Note A-2-SFC-S1 Principal Balance $9,867,517.50 Initial Note A-2-EMP-S2 Principal Balance $35,637,232.50 Initial Note A-2-SFC-S2 Principal Balance $9,867,517.50 Initial Note B-1-EMP Principal Balance $48,916,981.20 Initial Note B-1-SFC Principal Balance $13,544,518.80 Initial Note B-2-EMP Principal Balance $48,916,981.20 Initial Note B-2-SFC Principal Balance $13,544,518.80 Approximate Initial Note A-1-EMP-C1 Percentage Interest 5.89471% Co-Lender Agreement (San Francisco Centre) Percentage Interest Approximate Initial Note A-1-SFC-C1 Percentage Interest 1.63217% Approximate Initial Note A-1-EMP-C2 Percentage Interest 4.21051% Approximate Initial Note A-1-SFC-C2 Percentage Interest 1.16584% Approximate Initial Note A-1-EMP-C3 Percentage Interest 4.21051% Approximate Initial Note A-1-SFC-C3 Percentage Interest 1.16584% Approximate Initial Note A-1-EMP-C4 Percentage Interest 3.30230% Approximate Initial Note A-1-SFC-C4 Percentage Interest 0.91437% Approximate Initial Note A-2-EMP-C1 Percentage Interest 5.89471% Approximate Initial Note A-2-SFC-C1 Percentage Interest 1.63217% Approximate Initial Note A-2-EMP-C2 Percentage Interest 4.21051% Approximate Initial Note A-2-SFC-C2 Percentage Interest 1.16584% Approximate Initial Note A-2-EMP-C3 Percentage Interest 4.21051% Approximate Initial Note A-2-SFC-C3 Percentage Interest 1.16584% Approximate Initial Note A-2-EMP-C4 Percentage Interest 3.30230% Approximate Initial Note A-2-SFC-C4 Percentage Interest 0.91437% Approximate Initial Note A-1-EMP-S1 Percentage Interest 6.38660% Approximate Initial Note A-1-SFC-S1 Percentage Interest 1.76837% Approximate Initial Note A-1-EMP-S2 Percentage Interest 6.38660% Approximate Initial Note A-1-SFC-S2 Percentage Interest 1.76837% Approximate Initial Note A-2-EMP-S1 Percentage Interest 6.38660% Approximate Initial Note A-2-SFC-S1 Percentage Interest 1.76837% Approximate Initial Note A-2-EMP-S2 Percentage Interest 6.38660% Co-Lender Agreement (San Francisco Centre) Approximate Initial Note A-2-SFC-S2 Percentage Interest 1.76837% Approximate Initial Note B-1-EMP Percentage Interest 8.76648% A-3 Amended and Restated Co-Lender Agreement (San Francisco Centre) Approximate Initial Note B-1-SFC Percentage Interest 2.42733% Approximate Initial Note B-2-EMP Percentage Interest 8.76648% Approximate Initial Note B-2-SFC Percentage Interest 2.42733% Note A-1-EMP-C1 Interest Rate 3.394% per annum Note A-1-SFC-C1 Interest Rate 3.394% per annum Note A-1-EMP-C2 Interest Rate 3.394% per annum Note A-1-SFC-C2 Interest Rate 3.394% per annum Note A-1-EMP-C3 Interest Rate 3.394% per annum Note A-1-SFC-C3 Interest Rate 3.394% per annum Note A-1-EMP-C4 Interest Rate 3.394% per annum Note A-1-SFC-C4 Interest Rate 3.394% per annum Note A-2-EMP-C1 Interest Rate 3.394% per annum Note A-2-SFC-C1 Interest Rate 3.394% per annum Note A-2-EMP-C2 Interest Rate 3.394% per annum Note A-2-SFC-C2 Interest Rate 3.394% per annum Note A-2-EMP-C3 Interest Rate 3.394% per annum Note A-2-SFC-C3 Interest Rate 3.394% per annum Note A-2-EMP-C4 Interest Rate 3.394% per annum Note A-2-SFC-C4 Interest Rate 3.394% per annum Note A-1-EMP-S1 Interest Rate 3.394% per annum Note A-1-SFC-S1 Interest Rate 3.394% per annum Note A-1-EMP-S2 Interest Rate 3.394% per annum Note A-1-SFC-S2 Interest Rate 3.394% per annum Note A-2-EMP-S1 Interest Rate 3.394% per annum Note A-2-SFC-S1 Interest Rate 3.394% per annum Note A-2-EMP-S2 Interest Rate 3.394% per annum Note A-2-SFC-S2 Interest Rate 3.394% per annum Note B-1-EMP Interest Rate 3.394% per annum Note B-1-SFC Interest Rate 3.394% per annum Note B-2-EMP Interest Rate 3.394% per annum Note B-2-SFC Interest Rate 3.394% per annum Note A-1-EMP-C1 Default Interest Rate the lesser of (i) the maximum legal rate and (ii) 3% above the Note A-1-C1 Interest Rate Note A-1-SFC-C1 Default Interest Rate the lesser of (i) the maximum legal rate and (ii) 3% above the Note A-1-C1 Interest Rate Note A-1-EMP-C2 Default Interest Rate the lesser of (i) the maximum legal rate and (ii) 3% above the Note A-1-C2 Interest Rate Co-Lender Agreement (San Francisco Centre) Note A-1-SFC-C2 Default Interest Rate the lesser of (i) the maximum legal rate and (ii) 3% above the Note A-1-C2 Interest Rate Note A-1-EMP-C3 Default Interest Rate the lesser of (i) the maximum legal rate and (ii) 3% above the Note A-1-C3 Interest Rate Note A-1-SFC-C3 Default Interest Rate the lesser of (i) the maximum legal rate and (ii) 3% above the Note A-1-C3 Interest Rate Note A-1-EMP-C4 Default Interest Rate the lesser of (i) the maximum legal rate and (ii) 3% above the Note A-1-C4 Interest Rate Note A-1-SFC-C4 Default Interest Rate the lesser of (i) the maximum legal rate and (ii) 3% above the Note A-1-C4 Interest Rate Note A-2-EMP-C1 Default Interest Rate the lesser of (i) the maximum legal rate and (ii) 3% above the Note A-2-C1 Interest Rate Note A-2-SFC-C1 Default Interest Rate the lesser of (i) the maximum legal rate and (ii) 3% above the Note A-2-C1 Interest Rate Note A-2-EMP-C2 Default Interest Rate the lesser of (i) the maximum legal rate and (ii) 3% above the Note A-2-C2 Interest Rate Note A-2-SFC-C2 Default Interest Rate the lesser of (i) the maximum legal rate and (ii) 3% above the Note A-2-C2 Interest Rate Note A-2-EMP-C3 Default Interest Rate the lesser of (i) the maximum legal rate and (ii) 3% above the Note A-2-C3 Interest Rate Note A-2-SFC-C3 Default Interest Rate the lesser of (i) the maximum legal rate and (ii) 3% above the Note A-2-C3 Interest Rate Note A-2-EMP-C4 Default Interest Rate the lesser of (i) the maximum legal rate and (ii) 3% above the Note A-2-C4 Interest Rate Note A-2-SFC-C4 Default Interest Rate the lesser of (i) the maximum legal rate and (ii) 3% above the Note A-2-C4 Interest Rate Note A-1-EMP-S1 Default Interest Rate the lesser of (i) the maximum legal rate and (ii) 3% above the Note A-1-S1 Interest Rate Note A-1-SFC-S1 Default Interest Rate the lesser of (i) the maximum legal rate and (ii) 3% above the Note A-1-S1 Interest Rate Note A-1-EMP-S2 Default Interest Rate the lesser of (i) the maximum legal rate and (ii) 3% above the Note A-1-S2 Interest Rate Note A-1-SFC-S2 Default Interest Rate the lesser of (i) the maximum legal rate and (ii) 3% above the Note A-1-S2 Interest Rate Note A-2-EMP-S1 Default Interest Rate the lesser of (i) the maximum legal rate and (ii) 3% above the Note A-2-S1 Interest Rate Note A-2-SFC-S1 Default Interest Rate the lesser of (i) the maximum legal rate and (ii) 3% above the Note A-2-S1 Interest Rate Note A-2-EMP-S2 Default Interest Rate the lesser of (i) the maximum legal rate and (ii) 3% above the Note A-2-S2 Interest Rate Note A-2-SFC-S2 Default Interest Rate the lesser of (i) the maximum legal rate and (ii) 3% above the Note A-2-S2 Interest Rate Note B-1-EMP Default Interest Rate the lesser of (i) the maximum legal rate and (ii) 3% above the Note B-1 Interest Rate Note B-1-SFC Default Interest Rate the lesser of (i) the maximum legal rate and Co(ii) 3% above the Note B-1 Interest Rate Note B-2-Lender Agreement EMP Default Interest Rate the lesser of (San Francisco Centre)i) the maximum legal rate and (ii) 3% above the Note B-2 Interest Rate Note B-2-SFC Default Interest Rate the lesser of (i) the maximum legal rate and (ii) 3% above the Note B-2 Interest Rate EXHIBIT B

Appears in 1 contract

Samples: Co Lender Agreement (COMM 2016-Cor1 Mortgage Trust)

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