Common Contracts

1 similar Subordination of Option Agreement contracts

SUBORDINATION OF OPTION AGREEMENT FOR THE PURCHASE AND SALE OF REAL PROPERTY
Subordination of Option Agreement • December 3rd, 2014 • New York

REAL PROPERTY (this “Subordination”) is made as of the day of , 2014, by and among the TRANSBAY JOINT POWERS AUTHORITY, a joint powers authority created pursuant to an agreement among the City and County of San Francisco, the Alameda-Contra Costa Transit District and the Peninsula Corridor Joint Powers Board (Caltrain) and under the California Joint Exercise of Powers Act, codified at California Government Code Sections 6500 et seq. (“Borrower”), GOLDMAN SACHS BANK USA, as collateral agent on behalf the Secured Parties (as defined in the below-described Credit Agreement) (together with its successor and assigns in such capacity, “Collateral Agent”), and the CITY AND COUNTY OF SAN FRANCISCO OFFICE OF COMMUNITY

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