Note A-2 Principal definition

Note A-2 Principal. Balance” set forth on the Mortgage Loan Schedule, less any payments of principal on Note A-2 received by the Note A-2 Holder or reductions in the principal balance thereof pursuant to Section 3 or 4, as applicable.
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Examples of Note A-2 Principal in a sentence

  • Digital-PR ▇▇▇▇▇ ▇▇▇▇▇▇▇ E, LLC Date of Mortgage Loan: September 7, 2018 Date of Notes: September 7, 2018 Original Principal Amount of Mortgage Loan: $212,000,000 Principal Amount of Mortgage Loan as of the date hereof: $212,000,000 Initial Note A-1 Principal Balance: $70,000,000 Initial Note A-2 Principal Balance: $36,000,000 Initial Note A-3 Principal Balance: $70,000,000 Initial Note A-4 Principal Balance: $36,000,000 Location of Mortgaged Property: 1.

  • If the subject Note is held by more than one Noteholder at any time, the holders of a majority of the Note A2 Principal Balance or the Note B Principal Balance, as applicable, shall immediately appoint a representative to exercise all rights of such Subordinate Noteholder hereunder.

  • The Holder of each Funded Note (or at any time when such Note is included in a Securitization, the Master Servicer) shall maintain a record of each Future Advance advanced by the Future Funding Note Holder and will increase the Note A-2 Principal Balance by the amount of such Future Advance.

  • Notwithstanding anything to the contrary herein, if the Note A-1 Principal Balance and Note A-2 Principal Balance have been reduced to zero pursuant to application of distributions pursuant to Sections 3 and/or 4 hereof, as the case may be, “Controlling Holder” and “Control Note” shall mean the Note B Holder and Note B and thereafter no change in the Controlling Holder shall be effected by reason of a Control Appraisal Event.

  • Date of Mortgage Loan: October 24, 2023 Original Principal Amount of Mortgage Loan: $70,500,000 Principal Amount of Mortgage Loan as of the date hereof: $70,500,000 Date of Note A-1 and Note A-2: October 26, 2023 Initial Note A-1 Principal Balance: $60,500,000 Initial Note A-2 Principal Balance: $10,000,000 Location of Mortgaged Property: New York, New York Initial Maturity Date: November 6, 2028 Initial Note A-1 Holder, Initial Note A-2 Holder and Initial Agent: Citi Real Estate Funding Inc.

  • Date of Mortgage Loan: October 12, 2018 Date of Notes: October 21, 2018 Original Principal Amount of Mortgage Loan: $32,000,000 Principal Amount of Mortgage Loan as of the date hereof: $32,000,000 Initial Note A-1 Principal Balance: $16,000,000 Initial Note A-2 Principal Balance: $16,000,000 Location of Mortgaged Property: Lakeside Pointe at ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Fox Club Apartments ▇▇▇▇ ▇ ▇▇▇▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Stated Maturity Date: November 6, 2028.

  • Initial Note A-1 Principal Balance: $55,000,000 Initial Note A-2 Principal Balance: $21,000,000 Initial Note B Principal Balance: $20,000,000 Initial Note A-1 Percentage Interest: 57.292% Initial Note A-2 Percentage Interest: 21.875% Initial Note B Percentage Interest: 20.833% Note A-1 Rate: 3.145789% Note A-2 Rate: 3.145789% Note B Rate: 5.856000% Initial Note A-1 Holder: GS COMMERCIAL REAL ESTATE LP Notice Address: ▇▇▇▇▇▇▇ Sachs Mortgage Company ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ Attention: J.

Related to Note A-2 Principal

  • Note A-2-1 shall have the meaning assigned to such term in the recitals.

  • Note A-2-2 shall have the meaning assigned to such term in the recitals.

  • Note A-2 Principal Balance means, with respect to the Mortgage Loan, at any time of determination, the Initial Note A-2 Principal Balance set forth on the Mortgage Loan Schedule, less any payments of principal thereon received by the Note A-2 Holder or reductions in such amount pursuant to Section 3 or 4, as applicable.

  • Note A-2-2 Principal Balance means, with respect to the Mortgage Loan, at any time of determination, the Initial Note A-2-2 Principal Balance set forth on the Mortgage Loan Schedule, less any payments of principal thereon received by the Note A-2-2 Holder or reductions in such amount pursuant to Section 3 or 4, as applicable.

  • Note A-1-1 shall have the meaning assigned to such term in the recitals.