FR EA

Extract to table

Pull the structured facts out of a document: parties, dates, amounts, obligations.

Extract to table / consolidated-mortgage-assignment-security-agreement.docx
consolidated-mortgage-assignment-security-agreement.docx · 1031-00004

Parties

Associates LLP
Hudson Yards West Mortgage LLC
Metropolitan Transit Development Corp
NYC Economic Development Corp
Hudson Yards West Mezzanine LLC
Net Operating Inc
Employee Retirement Inc
Evergreen Property Management LLC

Dates

June 15, 2025
June 1, 2020
June 15, 2029
June 15, 2030
June 15, 2031
September 12, 2023
October 25, 2023
April 15, 2025
March 20, 2025
April 1, 2025

Amounts

$475,000,000.00
$412,000,000.00
$4,200,000.00
$200,000,000.00
$58,200,000.00
$4,750,000.00
$500,000,000.00
$1,025,000,000.00
$250,000.00
$500,000.00

Obligations

The foregoing assignment is intended to be, and shall be construed as, an absolute and present assignment and not merely the granting of a security interest, lien, or encumbrance
Any Rents collected by Mortgagor during the continuance of such license shall be held in trust for the benefit of Mortgagee and applied in accordance with the terms of this Mortgage and the Loan Agreement
PROVIDED, HOWEVER, that if all Secured Obligations shall have been indefeasibly paid and performed in full in accordance with the terms of the Loan Documents and the commitments of the Lenders under the Loan Agreement shall have been terminated, then Mortgagee shall, at the request and expense of Mortgagor, release and discharge this Mortgage of record by executing and delivering to Mortgagor such instruments of satisfaction, discharge, and reconveyance as may be necessary or appropriate to release the Mortgaged Property from the lien and security interest of this Mortgage, and shall reconvey the Mortgaged Property to the extent held by Mortgagee, in each case in form reasonably satisfactory for recording
1 — Defined Terms Capitalized terms used but not otherwise defined in this Mortgage shall have the respective meanings ascribed to such terms in the Loan Agreement
A Cash Sweep Trigger Event shall trigger a hard lockbox cash sweep under the Cash Management Agreement as set forth in the Loan Agreement
(b) The words "include," "includes," and "including" shall be deemed to be followed by the phrase "without limitation