Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / mezzanine-promissory-note.docx
mezzanine-promissory-note.docx
Parties
HUDSON YARDS WEST MEZZANINE LLC
Metropolitan Transit Development Corp
Hudson Yards West Mortgage LLC
Harkness LLP
Baines LLP
Granite Peak Capital GP LLC
Dates
June 15, 2025
August 1, 2025
June 15, 2029
June 15, 2030
June 15, 2031
June 15, 2027
Amounts
$200,000,000.00
$1,916,666.67
Obligations
Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in the Mezzanine Loan Agreement
Interest Rate The outstanding principal balance of this Note shall bear interest at a fixed rate (the "Interest Rate") equal to eleven and fifty hundredths percent (11
Interest shall be calculated on the basis of a three hundred sixty (360)-day year comprised of twelve (12) thirty (30)-day months (the "30/360 day-count convention")
Interest on the outstanding principal balance of this Note shall accrue from and including the date hereof and shall continue to accrue until the Indebtedness has been paid in full
All computations of interest payable under this Note shall be made on the basis of the actual outstanding principal balance of this Note from time to time, subject to the foregoing day-count convention
During the entire term of this Note, from and including the date hereof through and including the Maturity Date (as hereinafter defined, and as the same may be extended pursuant to Section 5 hereof), Maker shall pay interest only on the outstanding principal balance of this Note