Common use of Description of Note Interests Clause in Contracts

Description of Note Interests. Each Note shall have the initial Principal Balance, Percentage Interest and initial rate of interest set forth in the table below. Note A-1 3.8443% 33.536585365% $55,000,000 Note A-2 3.8443% 12.195121951% $20,000,000 Note A-3 3.8443% 12.195121951% $20,000,000 Note A-4 3.8443% 12.195121951% $20,000,000 Note A-5 3.8443% 12.195121951% $20,000,000 Note A-6 3.8443% 6.097560975% $10,000,000 Note A-7 3.8443% 6.097560975% $10,000,000 Note A-7 3.8443% 2.743902439% $4,500,000 Note A-7 3.8443% 2.743902439% $4,500,000 Initial Goldman Noteholder: Xxxxxxx Xxxxx Bank USA 000 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Xxxx Xxxxxxx Email: xxxx.xxxxxxx@xx.xxx with a copy to: Xxxxxxx Sachs Bank USA 000 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Xxxxx Xxxxxx Email: xxxxx.x.xxxxxx@xx.xxx and xx-xxxxxxxxxxxxxxxxxx@xx.xxx and: Cadwalader, Xxxxxxxxxx & Xxxx LLP 000 Xxxxxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Xxxx Xxxxxxxxx, Esq. Facsimile No.: (000) 000-0000 E-mail: xxxx.xxxxxxxxx@xxx.xxx 1. Xxxxxxxxx Partners 2. DLJ Real Estate Capital Partners 3. iStar Financial Inc. 4. Capital Trust, Inc. 5. Lend-Lease Real Estate Investments 6. Archon Capital, L.P. 7. Whitehall Street Real Estate Fund, L.P. 8. The Blackstone Group International Ltd. 9. Apollo Real Estate Advisors 10. Colony Capital, Inc. 11. Praedium Group 12. X.X. Xxxxxxx Companies

Description of Note Interests. Each Note shall have the initial Principal Balance, Percentage Interest and initial rate of interest set forth in the table below. Note A-1 3.84433.955% 33.53658536551.1% $55,000,000 23,000,000 Note A-2 3.84433.955% 12.19512195148.9% $20,000,000 22,000,000 Initial Note A-3 3.8443% 12.195121951% $20,000,000 A-1 Holder and Initial Note A-4 3.8443% 12.195121951% $20,000,000 Note A-5 3.8443% 12.195121951% $20,000,000 Note A-6 3.8443% 6.097560975% $10,000,000 Note A-7 3.8443% 6.097560975% $10,000,000 Note A-7 3.8443% 2.743902439% $4,500,000 Note A-7 3.8443% 2.743902439% $4,500,000 Initial Goldman NoteholderA-2 Holder: Xxxxxxx Xxxxx Bank USA 000 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Xxxx Xxxxxxx Email: xxxx.xxxxxxx@xx.xxx with a copy to: Xxxxxxx Sachs Bank USA 000 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Xxxxx Xxxxxx Email: xxxxx.x.xxxxxx@xx.xxx and xx-xxxxxxxxxxxxxxxxxx@xx.xxx and: Cadwalader, Xxxxxxxxxx & Xxxx LLP 000 Xxxxxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Xxxx Xxxxxxxxx, Esq. Facsimile No.: (000) 000-0000 E-mail: xxxx.xxxxxxxxx@xxx.xxx 1. Xxxxxxxxx Partners 2. DLJ Real Estate Capital Partners 3. iStar Financial Inc. 4. Capital Trust, Inc. 5. Lend-Lease Real Estate Investments 6. Archon Capital, L.P. 7. Whitehall Street Real Estate Fund, L.P. 8. The Blackstone Group International Ltd. 9. Apollo Real Estate Advisors 10. Colony Capital, Inc. 11. Praedium Group 12. X.X. Xxxxxxx Companies

Description of Note Interests. Each Note shall have the initial Principal Balance, Percentage Interest and initial rate of interest set forth in the table below. Note A-1 3.84434.75% 33.53658536556.7% $55,000,000 32,700,000 Note A-2 3.84434.75% 12.19512195143.3% $20,000,000 25,000,000 Initial Note A-3 3.8443% 12.195121951% $20,000,000 A-1 Holder and Initial Note A-4 3.8443% 12.195121951% $20,000,000 Note A-5 3.8443% 12.195121951% $20,000,000 Note A-6 3.8443% 6.097560975% $10,000,000 Note A-7 3.8443% 6.097560975% $10,000,000 Note A-7 3.8443% 2.743902439% $4,500,000 Note A-7 3.8443% 2.743902439% $4,500,000 Initial Goldman NoteholderA-2 Holder: Xxxxxxx Xxxxx Sachs Bank USA 000 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Xxxx Xxxxxxx Email: xxxx.xxxxxxx@xx.xxx with a copy to: Xxxxxxx Sachs Bank USA 000 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Xxxxx Xxxxxx Xxx Xxxxxxx Email: xxxxx.x.xxxxxx@xx.xxx xxx.xxxxxxx@xx.xxx and xx-xxxxxxxxxxxxxxxxxx@xx.xxx and: Cadwalader, Xxxxxxxxxx & Xxxx LLP 000 Xxxxxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Xxxx Xxxxxxxxx, Esq. Facsimile No.: (000) 000-0000 E-mail: xxxx.xxxxxxxxx@xxx.xxx 1. Xxxxxxxxx Partners 2. DLJ Real Estate Capital Partners 3. iStar Financial Inc. 4. Capital Trust, Inc. 5. Lend-Lease Real Estate Investments 6. Archon Capital, L.P. 7. Whitehall Street Real Estate Fund, L.P. 8. The Blackstone Group International Ltd. 9. Apollo Real Estate Advisors 10. Colony Capital, Inc. 11. Praedium Group 12. X.X. Xxxxxxx Companies

Description of Note Interests. Each Note shall have the initial Principal Balance, Percentage Interest and initial rate of interest set forth in the table below. Note A-1 3.84433.032% 33.53658536579.5% $55,000,000 105,000,000 Note A-2 3.84433.032% 12.19512195120.5% $20,000,000 27,000,000 Initial Note A-3 3.8443% 12.195121951% $20,000,000 A-1 Holder and Initial Note A-4 3.8443% 12.195121951% $20,000,000 Note A-5 3.8443% 12.195121951% $20,000,000 Note A-6 3.8443% 6.097560975% $10,000,000 Note A-7 3.8443% 6.097560975% $10,000,000 Note A-7 3.8443% 2.743902439% $4,500,000 Note A-7 3.8443% 2.743902439% $4,500,000 Initial Goldman NoteholderA-2 Holder: Xxxxxxx Xxxxx Sachs Bank USA 000 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Xxxx Xxxxxxx Email: xxxx.xxxxxxx@xx.xxx with a copy to: Xxxxxxx Sachs Bank USA 000 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Xxxxx Xxxxxx Xxx Xxxxxxx Email: xxxxx.x.xxxxxx@xx.xxx xxx.xxxxxxx@xx.xxx and xx-xxxxxxxxxxxxxxxxxx@xx.xxx and: Cadwalader, Xxxxxxxxxx & Xxxx LLP 000 Xxxxxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Xxxx Xxxxxxxxx, Esq. Facsimile No.: (000) 000-0000 E-mail: xxxx.xxxxxxxxx@xxx.xxx 1. Xxxxxxxxx Partners 2. DLJ Real Estate Capital Partners 3. iStar Financial Inc. 4. Capital Trust, Inc. 5. Lend-Lease Real Estate Investments 6. Archon Capital, L.P. 7. Whitehall Street Real Estate Fund, L.P. 8. The Blackstone Group International Ltd. 9. Apollo Real Estate Advisors 10. Colony Capital, Inc. 11. Praedium Group 12. X.X. Xxxxxxx Companies

Description of Note Interests. Each Note shall have the initial Principal Balance, Percentage Interest and initial rate of interest set forth in the table below. Note A-1 3.84433.7330% 33.53658536562.2% $55,000,000 30,000,000 Note A-2 3.84433.7330% 12.19512195137.8% $20,000,000 18,225,000 Initial Note A-3 3.8443% 12.195121951% $20,000,000 A-1 Holder and Initial Note A-4 3.8443% 12.195121951% $20,000,000 Note A-5 3.8443% 12.195121951% $20,000,000 Note A-6 3.8443% 6.097560975% $10,000,000 Note A-7 3.8443% 6.097560975% $10,000,000 Note A-7 3.8443% 2.743902439% $4,500,000 Note A-7 3.8443% 2.743902439% $4,500,000 Initial Goldman NoteholderA-2 Holder: Xxxxxxx Xxxxx Sachs Bank USA 000 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Xxxx Xxxxxxx Email: xxxx.xxxxxxx@xx.xxx and xx-xxxxxxxxxxxxxxxxxx@xx.xxx with a copy to: Xxxxxxx Sachs Bank USA 000 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Xxxxx Xxxxxx Xxx Xxxxxxx Email: xxxxx.x.xxxxxx@xx.xxx xxx.xxxxxxx@xx.xxx and xx-xxxxxxxxxxxxxxxxxx@xx.xxx xx-xxxxxxxxx@xx.xxx and: Cadwalader, Xxxxxxxxxx & Xxxx LLP 000 Xxxxxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Xxxx Xxxxxxxxx, Esq. Facsimile No.: (000) 000-0000 E-mail: xxxx.xxxxxxxxx@xxx.xxx 1. Xxxxxxxxx Partners 2. DLJ Real Estate Capital Partners 3. iStar Financial Inc. 4. Capital Trust, Inc. 5. Lend-Lease Real Estate Investments 6. Archon Capital, L.P. 7. Whitehall Street Real Estate Fund, L.P. 8. The Blackstone Group International Ltd. 9. Apollo Real Estate Advisors 10. Colony Capital, Inc. 11. Praedium Group 12. X.X. Xxxxxxx Companies

Description of Note Interests. Each Note shall have the initial Principal Balance, Percentage Interest and initial rate of interest set forth in the table below. Note A-1 3.84436.502% 33.53658536537.97% $55,000,000 90,000,000 Note A-2 3.84436.502% 12.19512195162.03% $20,000,000 147,000,000 Initial Note A-3 3.8443% 12.195121951% $20,000,000 A-1 Holder and Initial Note A-4 3.8443% 12.195121951% $20,000,000 Note A-5 3.8443% 12.195121951% $20,000,000 Note A-6 3.8443% 6.097560975% $10,000,000 Note A-7 3.8443% 6.097560975% $10,000,000 Note A-7 3.8443% 2.743902439% $4,500,000 Note A-7 3.8443% 2.743902439% $4,500,000 Initial Goldman NoteholderA-2 Holder: Xxxxxxx Xxxxx Bank USA 000 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Xxxx Xxxxxxx Xxxxx Xxxxxxxx Email: xxxx.xxxxxxx@xx.xxx xxxxx.xxxxxxxx@xx.xxx and xx-xxxxxxxxxxxxxxxxxx@xx.xxx with a copy to: Xxxxxxx Sachs Xxxxx Bank USA 000 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Xxxxx Xxxxxx Structured Finance Legal (REFG) Email: xxxxx.x.xxxxxx@xx.xxx and xx-xxxxxxxxxxxxxxxxxx@xx.xxx xx-xxxxxxxxx@xx.xxx and: Cadwalader, Xxxxxxxxxx & Xxxx LLP 000 Xxxxxxx Xxxxxx Xxx XxxxNew York, Xxx Xxxx 00000 New York 10281 Attention: Xxxx Xxxxxxxxx, Esq. Facsimile No.: (000) 000-0000 E-mail: xxxx.xxxxxxxxx@xxx.xxx 1. Xxxxxxxxx Partners 2. DLJ Real Estate Capital Partners 3. iStar Financial Inc. 4. Capital Trust, Inc. 5. Lend-Lease Real Estate Investments 6. Archon Capital, L.P. 7. Whitehall Street Real Estate Fund, L.P. 8. The Blackstone Group International Ltd. 9. Apollo Real Estate Advisors 10. Colony Capital, Inc. 11. Praedium Group 12. X.X. Xxxxxxx Companies

Description of Note Interests. Each Note shall have the initial Principal Balance, Percentage Interest and initial rate of interest set forth in the table below. Note A-1 3.84433.493% 33.53658536556.6% $55,000,000 25,000,000 Note A-2 3.84433.493% 12.19512195143.4% $20,000,000 19,205,881 Initial Note A-3 3.8443% 12.195121951% $20,000,000 A-1 Holder and Initial Note A-4 3.8443% 12.195121951% $20,000,000 Note A-5 3.8443% 12.195121951% $20,000,000 Note A-6 3.8443% 6.097560975% $10,000,000 Note A-7 3.8443% 6.097560975% $10,000,000 Note A-7 3.8443% 2.743902439% $4,500,000 Note A-7 3.8443% 2.743902439% $4,500,000 Initial Goldman NoteholderA-2 Holder: Xxxxxxx Xxxxx Sachs Bank USA 000 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Xxxx Xxxxxxx Email: xxxx.xxxxxxx@xx.xxx with a copy to: Xxxxxxx Sachs Bank USA 000 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Xxxxx Xxxxxx Xxx Xxxxxxx Email: xxxxx.x.xxxxxx@xx.xxx xxx.xxxxxxx@xx.xxx and xx-xxxxxxxxxxxxxxxxxx@xx.xxx and: Cadwalader, Xxxxxxxxxx & Xxxx LLP 000 Xxxxxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Xxxx Xxxxxxxxx, Esq. Facsimile No.: (000) 000-0000 E-mail: xxxx.xxxxxxxxx@xxx.xxx 1. Xxxxxxxxx Partners 2. DLJ Real Estate Capital Partners 3. iStar Financial Inc. 4. Capital Trust, Inc. 5. Lend-Lease Real Estate Investments 6. Archon Capital, L.P. 7. Whitehall Street Real Estate Fund, L.P. 8. The Blackstone Group International Ltd. 9. Apollo Real Estate Advisors 10. Colony Capital, Inc. 11. Praedium Group 12. X.X. Xxxxxxx Companies

Description of Note Interests. Each Note shall have the initial Principal Balance, Percentage Interest and initial rate of interest set forth in the table below. Note A-1 3.84433.3700% 33.53658536525.7% $55,000,000 62,400,000 Note A-2 3.84433.3700% 12.19512195124.8% $20,000,000 60,000,000 Note A-3 3.84433.3700% 12.19512195124.8% $20,000,000 60,000,000 Note A-4 3.84433.3700% 12.19512195112.4% $20,000,000 30,000,000 Note A-5 3.84433.3700% 12.19512195112.4% $20,000,000 30,000,000 Initial Note A-6 3.8443% 6.097560975% $10,000,000 A-1 Holder, Initial Note A-7 3.8443% 6.097560975% $10,000,000 A-2 Holder, Initial Note A-7 3.8443% 2.743902439% $4,500,000 A-3 Holder, Initial Note A-7 3.8443% 2.743902439% $4,500,000 A-4 Holder and Initial Goldman NoteholderNote A-5 Holder: Xxxxxxx Xxxxx Bank USA 000 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Xxxx Xxxxxxx Email: xxxx.xxxxxxx@xx.xxx with a copy to: Xxxxxxx Sachs Bank USA 000 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Xxxxx Xxxxxx Email: xxxxx.x.xxxxxx@xx.xxx and xx-xxxxxxxxxxxxxxxxxx@xx.xxx and: Cadwalader, Xxxxxxxxxx & Xxxx LLP 000 Xxxxxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Xxxx Xxxxxxxxx, Esq. Facsimile No.: (000) 000-0000 E-mail: xxxx.xxxxxxxxx@xxx.xxx 1. Xxxxxxxxx Partners 2. DLJ Real Estate Capital Partners 3. iStar Financial Inc. 4. Capital Trust, Inc. 5. Lend-Lease Real Estate Investments 6. Archon Capital, L.P. 7. Whitehall Street Real Estate Fund, L.P. 8. The Blackstone Group International Ltd. 9. Apollo Real Estate Advisors 10. Colony Capital, Inc. 11. Praedium Group 12. X.X. Xxxxxxx Companies

Description of Note Interests. Each Note shall have the initial Principal Balance, Percentage Interest and initial rate of interest set forth in the table below. Note A-1 3.84433.595% 33.53658536552.1% $55,000,000 30,000,000 Note A-2 3.84433.595% 12.19512195147.9% $20,000,000 Note A-3 3.8443% 12.195121951% $20,000,000 Note A-4 3.8443% 12.195121951% $20,000,000 Note A-5 3.8443% 12.195121951% $20,000,000 Note A-6 3.8443% 6.097560975% $10,000,000 Note A-7 3.8443% 6.097560975% $10,000,000 Note A-7 3.8443% 2.743902439% $4,500,000 Note A-7 3.8443% 2.743902439% $4,500,000 Initial Goldman Noteholder: Xxxxxxx Xxxxx 27,620,000 Gxxxxxx Sxxxx Bank USA 000 200 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Xxxx Lxxx Xxxxxxx Email: xxxx.xxxxxxx@xx.xxx lxxx.xxxxxxx@xx.xxx with a copy to: Xxxxxxx Gxxxxxx Sachs Bank USA 000 200 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Xxxxx Bxxxx Xxxxxx Email: xxxxx.x.xxxxxx@xx.xxx bxxxx.x.xxxxxx@gx.xxx and xx-xxxxxxxxxxxxxxxxxx@xx.xxx gx-xxxxxxxxxxxxxxxxxx@xx.xxx and: Cadwalader, Xxxxxxxxxx Wxxxxxxxxx & Xxxx Txxx LLP 000 200 Xxxxxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Xxxx Lxxx Xxxxxxxxx, Esq. Facsimile No.: (000) 000-0000 E-mail: xxxx.xxxxxxxxx@xxx.xxxlxxx.xxxxxxxxx@xxx.xxx 1. Xxxxxxxxx Wxxxxxxxx Partners 2. DLJ Real Estate Capital Partners 3. iStar Financial Inc. 4. Capital Trust, Inc. 5. Lend-Lease Real Estate Investments 6. Archon Capital, L.P. 7. Whitehall Street Real Estate Fund, L.P. 8. The Blackstone Group International Ltd. 9. Apollo Real Estate Advisors 10. Colony Capital, Inc. 11. Praedium Group 12. X.X. J.X. Xxxxxxx Companies

Description of Note Interests. Each Note shall have the initial Principal Balance, Percentage Interest and initial rate of interest set forth in the table below. Note A-1 3.84433.595% 33.53658536552.1% $55,000,000 30,000,000 Note A-2 3.84433.595% 12.19512195147.9% $20,000,000 27,620,000 Initial Note A-3 3.8443% 12.195121951% $20,000,000 A-1 Holder and Initial Note A-4 3.8443% 12.195121951% $20,000,000 Note A-5 3.8443% 12.195121951% $20,000,000 Note A-6 3.8443% 6.097560975% $10,000,000 Note A-7 3.8443% 6.097560975% $10,000,000 Note A-7 3.8443% 2.743902439% $4,500,000 Note A-7 3.8443% 2.743902439% $4,500,000 Initial Goldman NoteholderA-2 Holder: Xxxxxxx Xxxxx Bank USA 000 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Xxxx Xxxxxxx Email: xxxx.xxxxxxx@xx.xxx with a copy to: Xxxxxxx Sachs Bank USA 000 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Xxxxx Xxxxxx Email: xxxxx.x.xxxxxx@xx.xxx and xx-xxxxxxxxxxxxxxxxxx@xx.xxx and: Cadwalader, Xxxxxxxxxx & Xxxx LLP 000 Xxxxxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Xxxx Xxxxxxxxx, Esq. Facsimile No.: (000) 000-0000 E-mail: xxxx.xxxxxxxxx@xxx.xxx 1. Xxxxxxxxx Partners 2. DLJ Real Estate Capital Partners 3. iStar Financial Inc. 4. Capital Trust, Inc. 5. Lend-Lease Real Estate Investments 6. Archon Capital, L.P. 7. Whitehall Street Real Estate Fund, L.P. 8. The Blackstone Group International Ltd. 9. Apollo Real Estate Advisors 10. Colony Capital, Inc. 11. Praedium Group 12. X.X. Xxxxxxx Companies