Common Contracts

2 similar Mortgage Loan Purchase Agreement contracts by J.P. Morgan Chase Commercial Mortgage Securities Trust 2012-Lc9

PURCHASER, and JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, SELLER MORTGAGE LOAN PURCHASE AGREEMENT Dated as of December 21, 2012 Fixed Rate Mortgage Loans Series 2012-LC9
Mortgage Loan Purchase Agreement • December 21st, 2012 • J.P. Morgan Chase Commercial Mortgage Securities Trust 2012-Lc9 • Asset-backed securities • New York

Rep. No. on Exhibit B Mortgage Loan and Loan Number as Identified on Exhibit A Description of Exception of 1.38x; and (iii) a combined minimum debt yield of 8.78%. 9 Embassy Suites Minneapolis (Loan No. 10) (Junior Liens) - Future mezzanine debt is permitted provided certain conditions are satisfied, which conditions include the following: (i) a combined maximum LTV of 70.0%; (ii) a combined minimum DSCR of 1.50x; and (iii) a combined minimum debt yield of 11.0%. 9 Amazon Fulfillment Center (Loan No. 11) (Junior Liens) – Future mezzanine debt is permitted prior to the related Anticipated Repayment Date, provided certain conditions are satisfied, which conditions include the following: (i) a combined maximum LTV of 75.0%; (ii) a combined minimum DSCR of 1.60x; and (iii) the single tenant, Amazon, maintaining a senior unsecured credit rating of “BBB-”. 9 Waterford Plaza (Loan No. 13) (Junior Liens) - Future mezzanine debt is permitted in connection with a sale of the property to a

AutoNDA by SimpleDocs
PURCHASER, and JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, SELLER MORTGAGE LOAN PURCHASE AGREEMENT Dated as of December 21, 2012 Fixed Rate Mortgage Loans Series 2012-LC9
Mortgage Loan Purchase Agreement • December 18th, 2012 • J.P. Morgan Chase Commercial Mortgage Securities Trust 2012-Lc9 • Asset-backed securities • New York

Rep. No. on Exhibit B Mortgage Loan and Loan Number as Identified on Exhibit A Description of Exception of 1.38x; and (iii) a combined minimum debt yield of 8.78%. 9 Embassy Suites Minneapolis (Loan No. 10) (Junior Liens) - Future mezzanine debt is permitted provided certain conditions are satisfied, which conditions include the following: (i) a combined maximum LTV of 70.0%; (ii) a combined minimum DSCR of 1.50x; and (iii) a combined minimum debt yield of 11.0%. 9 Amazon Fulfillment Center (Loan No. 11) (Junior Liens) – Future mezzanine debt is permitted prior to the related Anticipated Repayment Date, provided certain conditions are satisfied, which conditions include the following: (i) a combined maximum LTV of 75.0%; (ii) a combined minimum DSCR of 1.60x; and (iii) the single tenant, Amazon, maintaining a senior unsecured credit rating of “BBB-”. 9 Waterford Plaza (Loan No. 13) (Junior Liens) - Future mezzanine debt is permitted in connection with a sale of the property to a

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!