AMENDED AND RESTATED CO-LENDER AGREEMENT Dated as of September 17, 2018 by and between Wilmington Trust, National Association, as Trustee for the benefit of the registered holders of Benchmark 2018-B5 Mortgage Trust, Commercial Mortgage Pass-Through...Co-Lender Agreement • September 20th, 2018 • Benchmark 2018-B5 Mortgage Trust • Asset-backed securities • New York
THIS AMENDED AND RESTATED CO-LENDER AGREEMENT (this “Agreement”), dated as of September 17, 2018 by and between Wilmington Trust, National Association, as trustee for the benefit of the registered holders of Benchmark 2018-B5 Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2018-B5 (the “Note A-1 Holder”), JPMORGAN CHASE BANK, NATIONAL ASSOCIATION (“JPM”, together with its successors and assigns in interest, in its capacity as owner of the Note A-2A, the “Initial Note A-2A Holder”) and JPMORGAN CHASE BANK, NATIONAL ASSOCIATION (together with its successors and assigns in interest, in its capacity as owner of the Note A-2B, the “Initial Note A-2B Holder”, and together with the Initial Note A-2A Holder, the “Initial Note Holders”).
J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP., PURCHASER, and GERMAN AMERICAN CAPITAL CORPORATION, SELLER MORTGAGE LOAN PURCHASE AGREEMENT Dated as of August 21, 2018 Fixed Rate Mortgage Loans Series 2018-B5Mortgage Loan Purchase Agreement • September 20th, 2018 • Benchmark 2018-B5 Mortgage Trust • Asset-backed securities • New York
through multi-year assessments against the Mortgaged Property, in an amount not to exceed $5,000,000 subject to Rating Agency Confirmation and the lender’s consent (not to be unreasonably withheld, conditioned or delayed). The Mortgage Loan documents permit the pledge of direct or indirect equity interests in the Borrower to secure a corporate or parent level credit facility from one or more financial institutions involving multiple underlying real estate assets, so long as the value of the property is not, in the aggregate, represent more than 20% of the value of all the collateral to be pledged, encumbered, granted or otherwise assigned or given as collateral for such corporate or parent level credit facility. There is no requirement for an intercreditor agreement.
J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP., PURCHASER, and JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, SELLER MORTGAGE LOAN PURCHASE AGREEMENT Dated as of August 21, 2018 Fixed Rate Mortgage Loans Series 2018-B5Mortgage Loan Purchase Agreement • September 20th, 2018 • Benchmark 2018-B5 Mortgage Trust • Asset-backed securities • New York
S&P, and the balance of the coverage is, in each case, provided by insurers with a claims paying ability rating of “BBB” or better by S&P. The Mortgagor may obtain a policy from an insurance company not satisfying the rating requirements set forth in the Mortgage Loan documents, provided that any such insurance company is subject to (A) the prior approval of the lender and (B) the lender’s receipt of a rating agency confirmation with respect to each such insurance carrier. The Mortgagor may continue to utilize Pennsylvania Manufacturers’ Association Insurance (“PMA”) as the carrier for the Workers Compensation/Employers’ Liability coverage required in the Mortgage Loan documents, provided the AM Best rating of PMA is not withdrawn or downgraded below its rating as of the loan origination date. The Mortgagor may continue to utilize Lancashire Insurance Company Limited, rated “A-” by S&P and “A3” by Moody’s, in its current participation amount and position within the syndicate of the ter
