AGREEMENT BETWEEN NOTE HOLDERS Dated as of December 15, 2015 by and between UBS REAL ESTATE SECURITIES INC., (Initial Note A-1 Holder), UBS REAL ESTATE SECURITIES INC., (Initial Note A-2 Holder), UBS REAL ESTATE SECURITIES INC., (Initial Note A-3...Agreement Between Note Holders • December 16th, 2015 • Morgan Stanley Capital I Trust 2015-Ubs8 • Asset-backed securities • New York
This AGREEMENT BETWEEN NOTE HOLDERS (this “Agreement”), dated as of December 15, 2015 by and between UBS REAL ESTATE SECURITIES INC. (“UBSRES”, together with its successors and assigns in interest, as initial owner of Note A-1 described below, in its capacity as the “Initial Note A-1 Holder”) and UBSRES (together with its successors and assigns in interest, in its capacity as initial owner of Note A-2 described below, the “Initial Note A-2 Holder” and, in its capacity as the initial agent, the “Initial Agent”), UBSRES (together with its successors and assigns in interest, in its capacity as initial owner of Note A-3 described below, the “Initial Note A-3 Holder”) and UBSRES (together with its successors and assigns in interest, in its capacity as initial owner of Note A-4 described below, the “Initial Note A-4 Holder”; the Initial Note A-1 Holder, the Initial Note A-2 Holder, the Initial Note A-3 Holder and the Initial Note A-4 Holder are referred to collectively herein as the “Initial
