FR EA

Extract to table

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

Extract to table / senior-mortgage-loan-agreement.docx
senior-mortgage-loan-agreement.docx · 1031-00004

Parties

HUDSON YARDS WEST MORTGAGE LLC
NYC Economic Development Corp
Metropolitan Transit Development Corp
Harkness LLP
Associates LLP
Net Operating Inc
Employee Retirement Inc
Hudson Yards West Mezzanine LLC

Dates

June 15, 2025
June 1, 2020
September 24, 2001
April 1, 2025
March 20, 2025
June 15, 2031
June 15, 2030
June 15, 2029
September 15, 2029
March 15, 2028

Amounts

$475,000,000
$920,000,000
$200,000,000
$45,000,000
$1,025,000,000
$412,000,000
$500,000,000
$58,200,000
$675,000,000
$4,200,000

Obligations

"Business Day" means any day other than a Saturday, a Sunday, or a day on which national banking associations in the City of New York, State of New York, are authorized or required by law, executive order, or governmental decree to be closed; provided that, for purposes of any calculations or determinations relating to SOFR or Term SOFR, "Business Day" shall also mean a day that is a U
The DSCR shall be tested quarterly, and the minimum covenant level is 1
"Force Majeure" means any event or circumstance beyond the reasonable control of Borrower (excluding financial inability), including acts of God, fire, flood, earthquake, hurricane, pandemic, epidemic, war, terrorism, riot, civil unrest, labor strike or lockout (not caused by Borrower), governmental action or inaction, or unavailability of materials or labor due to industry-wide shortage; provided, however, that Force Majeure shall not extend any deadline by more than one hundred eighty (180) days in the aggregate without the prior written consent of Administrative Agent
"Interest Period" means the period commencing on the Closing Date (for the first Interest Period) or on the last day of the immediately preceding Interest Period (for each subsequent Interest Period), and ending on the numerically corresponding day of the next succeeding calendar month (or, if there is no numerically corresponding day in such month, the last day of such month); provided that (a) no Interest Period shall extend beyond the Maturity Date, (b) any Interest Period that would otherwise end on a day that is not a Business Day shall be extended to the next succeeding Business Day unless such next succeeding Business Day would fall in the following calendar month, in which case such Interest Period shall end on the immediately preceding Business Day, and (c) each Interest Period shall be one (1) month in duration
25%); provided that the SOFR Floor shall apply
"Leasing Threshold Deadline" means September 15, 2029, which is thirty (30) months following the projected first Temporary Certificate of Occupancy date of March 15, 2028; provided that such date shall be adjusted day-for-day for any permitted extension of the Projected TCO Date due to Force Majeure