SUBORDINATION AGREEMENT PRIVATE ENTITYSubordination Agreement • August 23rd, 2018
Contract Type FiledAugust 23rd, 2018THIS SUBORDINATION AGREEMENT (“Agreement”) is entered into this [ ] day of September 2018, by and among U.S. BANK NATIONAL ASSOCIATION, a national banking association, in its capacity as Fiscal Agent (as defined herein) under the Funding Loan Agreement (as defined herein) (“Senior Tax-Exempt Mortgagee”), and U.S. BANK NATIONAL ASSOCIATION, a national banking association, in its capacity as Trustee for the City of Minnetonka, Minnesota pursuant to that certain Subordinate Indenture of Trust dated [September] 1, 2018 (“Subordinate Mortgagee”).