Common Contracts
1 similar Loan Pay-Off Agreement contracts
LOAN PAY-OFF AGREEMENT (44TH STREET)Loan Pay-Off Agreement • May 14th, 2009 • New York
THIS LOAN PAY-OFF AGREEMENT (“Agreement”) is made as of the [ ] day of May, 2009 (the “Effective Date”), by and among 44th STREET PARTNERS I LLC, a Delaware limited liability company (in its capacity as the borrower under the Mortgage Loan (as hereinafter defined), the “Mortgage Borrower”; and in its capacity as the project owner whose interests were pledged to LBHI pursuant to the Project Owner Pledge (as hereinafter defined), the “Project Owner”), 44th STREET PARTNERS II LLC, a Delaware limited liability company (“Mezzanine Borrower”), PATRICK THOMPSON, an individual (in his capacity as a guarantor under the Mortgage Loan, the “Thompson Mortgage Guarantor” and in his capacity as a guarantor under the Mezzanine Loan (as hereinafter defined), the “Mezzanine Guarantor” and in his capacity as a pledgor under the Patrick Pledge (as hereinafter defined), the “Patrick Pledgor”), SAMMY ISAMU SUZUKI, an individual (in his capacity as a guarantor under the Mortgage Loan, the “Suzuki Mortgage G
