Common Contracts
3 similar Mortgage Loan Purchase Agreement contracts by JPMBB Commercial Mortgage Securities Trust 2013-C14, J.P. Morgan Chase Commercial Mortgage Securities Trust 2014-C20
J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP., PURCHASER, and JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, SELLER MORTGAGE LOAN PURCHASE AGREEMENT Dated as of June 23, 2014 Fixed Rate Mortgage Loans Series 2014-C20Mortgage Loan Purchase Agreement • June 23rd, 2014 • J.P. Morgan Chase Commercial Mortgage Securities Trust 2014-C20 • Asset-backed securities • New York
Rep. No. on Annex D-1 Mortgage Loan and Number as Identified on Annex A-1 Description of Exception permitted transfer of equity interests in the Mortgagor and its manager. The amendment clarified that in connection with the transfer, the initial guarantor would be released from liability under the guaranty and environmental indemnity, and an entity affiliated with the transferee would sign a replacement guaranty and environmental indemnity. 9 Technology Corners Building Six (Loan No. 2) (Junior Liens) – There is a mezzanine loan in the amount of $20,000,000, which is currently held by JPMCB. In connection with the mezzanine loan, the mortgage loan seller and the mezzanine lender are in the process of negotiating an intercreditor agreement, a copy of which will be included in the related Mortgage File. 9 200 West Monroe (Loan No. 6) (Junior Liens) – Future mezzanine debt is permitted in accordance with a permitted sale of the Mortgaged Property and assumption of the mortgage loan purs
J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP.,Mortgage Loan Purchase Agreement • August 19th, 2013 • JPMBB Commercial Mortgage Securities Trust 2013-C14 • Asset-backed securities • New York
the Mortgagor), provided that certain conditions are satisfied, which conditions include (but are not limited to) the following: (i) no event of default; (ii) the value of the equity in the related Mortgaged Property which is pledged as collateral will constitute no more than 15% of the total value of the assets securing such financing; and (iii) the exercise of the mezzanine lender’s remedies will not result in a prohibited change of control under the Mortgage Loan documents. 9 Texas Industrial Portfolio (Loan No. 6) (Junior Liens) – There is a mezzanine loan in the amount of $7,418,500, which is currently held by JPMorgan Chase Bank, National Association and which is expected to be sold to a third party investor. In connection with the mezzanine loan, the Mortgage Loan Seller and the mezzanine lender are negotiating an intercreditor agreement. 9 Copper Creek Portfolio (Loan No. 11) (Junior Liens) – There is a mezzanine loan in the amount of $6,000,000, which is currently held by JPMo
J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP.,Mortgage Loan Purchase Agreement • August 15th, 2013 • JPMBB Commercial Mortgage Securities Trust 2013-C14 • Asset-backed securities • New York
the Mortgagor), provided that certain conditions are satisfied, which conditions include (but are not limited to) the following: (i) no event of default; (ii) the value of the equity in the related Mortgaged Property which is pledged as collateral will constitute no more than 15% of the total value of the assets securing such financing; and (iii) the exercise of the mezzanine lender’s remedies will not result in a prohibited change of control under the Mortgage Loan documents. 9 Texas Industrial Portfolio (Loan No. 6) (Junior Liens) – There is a mezzanine loan in the amount of $7,418,500, which is currently held by JPMorgan Chase Bank, National Association and which is expected to be sold to a third party investor. In connection with the mezzanine loan, the Mortgage Loan Seller and the mezzanine lender are negotiating an intercreditor agreement. 9 Copper Creek Portfolio (Loan No. 11) (Junior Liens) – There is a mezzanine loan in the amount of $6,000,000, which is currently held by JPMo
