ContractParticipation Agreement and Agreement • May 5th, 2020 • North Carolina
Contract Type FiledMay 5th, 2020 JurisdictionEX-10.A 4 dex10a.htm LOAN PARTICIPATION AGREEMENT Exhibit 10(a) LOAN PARTICIPATION AGREEMENT AND AGREEMENT FOR CONTRIBUTION This LOAN PARTICIPATION AGREEMENT AND AGREEMENT FOR CONTRIBUTION (this “Agreement”), is made and entered into as of November 25, 2002 (the “Effective Date”), by and between Wachovia Bank, National Association, a national banking association (“Bank”), and Wachovia Preferred Funding Holding Corp., a corporation organized under the laws of the State of California (“Participant”). RECITALS WHEREAS, Bank owns and holds certain commercial, commercial real estate loan and mortgage obligations set forth on Schedule A attached hereto (collectively, the “Loans”); WHEREAS, Bank desires to contribute, assign, and transfer to Participant (i) the Participation Interest (as defined below), (ii) the Transferred Amount (as defined below), (iii) 99,851,752 shares of Wachovia Preferred Funding Corp.’s, a corporation organized under the laws of the State of Delaware (“WPFC”), common