Multibank Structured Transaction 2010-1 CRE Loan Contribution and Sale Agreement - Dated July 2, 2010 - Execution Copy

Sep 16, 2026

Multibank Structured Transaction 2010-1 CRE Loan Contribution and Sale Agreement sets the legal framework for the contribution and sale of loans in a multibank structured transaction. The agreement is executed by the Federal Deposit Insurance Corporation as receiver for specified failed financial institutions and by 2010-1 CRE Venture, LLC as of July 2, 2010. It defines terms, governs payment allocation, adjustments, and tax transfer matters, and details transfer of loans, collateral documentation, and servicing arrangements, including servicing duties and reporting obligations.

LanguageEnglish

CategoryLetters

FormatPDF

Pages76

Reading Time27 min

AccessFree to download

Article I Definitions and Construction

Section 1.1 Definitions

Section 1.2 Construction

Article II Contribution and Sale of Loans

Section 2.1 Terms and Conditions

Section 2.2 Liabilities Assumed by the Company

Section 2.3 Allocation of Payments; Advances

Section 2.4 Adjustments

Section 2.5 Rebates and Refunds

Section 2.6 Interest Conveyed

Section 2.7 Retained Claims

Section 2.8 Transfer Taxes

Article III Transfer of Loans, Collateral Documents and Servicing

Section 3.1 Delivery of Documents

Section 3.2 Recordation of Documents

Section 3.3 Transfer of Servicing

Section 3.4 Grant of Power of Attorney by Company

Article IV Covenants, Duties and Obligations of the Company

Section 4.1 Servicing of Loans

Section 4.2 Collection Agency/Contingency Fee Agreements

Section 4.3 Insured or Guaranteed Loans

Section 4.4 Reporting to or for the Applicable Taxing Authorities

Section 4.5 Loans in Litigation

Section 4.6 Loans in Bankruptcy

Section 4.7 Loan Related Insurance

Section 4.8 Loans with Escrow Accounts

Section 4.9 Initial Member as Lead Lender in Loan Participations

Section 4.10 Contracts for Deed

Section 4.11 Acquired Property

Section 4.12 Leases

Section 4.13 Notice to Borrowers

Section 4.14 Notice of Claims

Section 4.15 Use of the FDIC’s Name and Reservation of Statutory Powers

Section 4.16 Prior Servicer Information

Section 4.17 Release of Initial Member

Section 4.18 Reasonable Cooperation with Respect to Deficiency Judgment Claim

Article V Loans Sold “As Is” and Without Recourse

Section 5.1 Loans Conveyed “As Is”

Section 5.2 No Warranties or Representations with Respect to Escrow Accounts

Section 5.3 No Warranties or Representations as to Amounts of Unfunded Principal

Section 5.4 Disclaimer Regarding Calculation or Adjustment of Interest on any Loan

Section 5.5 No Warranties or Representations With Regard to Information

Section 5.6 Intervening or Missing Assignments

Section 5.7 No Warranties or Representations as to Documents

Article VI Repurchase by the Initial Member at the Company’s Option

Section 6.1 Repurchases at Company’s Option

Section 6.2 Notice to Initial Member

Multibank Structured Transaction 2010-1 CRE EXECUTION COPY LOAN CONTRIBUTION AND SALE AGREEMENT BY AND BETWEEN THE FEDERAL DEPOSIT INSURANCE CORPORATION AS RECEIVER FOR VARIOUS FAILED FINANCIAL INSTITUTIONS LISTED ON SCHEDULE 1 HERETO AND 2010-1 CRE VENTURE, LLC Dated as of July 2, 2010 Multibank Structured Transaction 2010-1 CRE Loan Contribution and Sale Agreement OHS East:160711166 .10 TABLE OF CONTENTS Article I Definitions and Construction ................................................................................. 2 Section 1.1 Definitions............................................................................................ 2 Section 1.2 Construction ......................................................................................... 5 Article II Contribution and Sale of Loans ............................................................................. 6 Section 2.1 Terms and Conditions .......................................................................... 6 Section 2.2 Liabilities Assumed by the Company .................................................. 7 Section 2.3 Allocation of Payments; Advances ...................................................... 7 Section 2.4 Adjustments ......................................................................................... 8 Section 2.5 Rebates and Refunds ............................................................................ 9 Section 2.6 Interest Conveyed ................................................................................ 9 Section 2.7 Retained Claims ................................................................................. 10 Section 2.8 Transfer Taxes ................................................................................... 10 Article III Transfer of Loans, Collateral Documents and Servicing..................................... 10 Section 3.1 Delivery of Documents ...................................................................... 10 Section 3.2 Recordation of Documents ................................................................ 14 Section 3.3 Transfer of Servicing ......................................................................... 14 Section 3.4 Grant of Power of Attorney by Company.......................................... 17 Article IV Covenants, Duties and Obligations of the Company ........................................... 17 Section 4.1 Servicing of Loans ............................................................................. 17 Section 4.2 Collection Agency/Contingency Fee Agreements ............................. 17 Section 4.3 Insured or Guaranteed Loans ............................................................. 17 Section 4.4 Reporting to or for the Applicable Taxing Authorities...................... 18 Section 4.5 Loans in Litigation ............................................................................. 18 Section 4.6 Loans in Bankruptcy .......................................................................... 21 Section 4.7 Loan Related Insurance...................................................................... 22 Section 4.8 Loans with Escrow Accounts............................................................. 22 Section 4.9 Initial Member as Lead Lender in Loan Participations ..................... 23 Section 4.10 Contracts for Deed ............................................................................. 23 Section 4.11 Acquired Property .............................................................................. 23 Section 4.12 Leases ................................................................................................. 23 Section 4.13 Notice to Borrowers ........................................................................... 23 Multibank Structured Transaction 2010-1 CRE Loan Contribution and Sale Agreement OHS East:160711166 .10 Section 4.14 Notice of Cla

FAQs

Who are the parties to the Multibank Structured Transaction 2010-1 CRE agreement?

The agreement is made by the Federal Deposit Insurance Corporation as receiver for various failed financial institutions listed on Schedule 1 and by 2010-1 CRE Venture, LLC.

What does the agreement cover regarding loan contribution and sale?

It sets terms and conditions for contribution and sale of loans, including allocation of payments and advances, adjustments, rebates and refunds, interest conveyed, retained claims, and transfer taxes.

How are loan transfers and servicing handled?

The agreement covers delivery and recordation of documents, transfer of servicing, and includes a grant of power of attorney by the company to support those processes.

What warranties apply to the loans being sold?

The loans are sold “As Is” and without recourse, with disclaimers and limitations on warranties, including matters related to escrow accounts, unfunded principal amounts, interest calculation adjustments, and information provided.

Sep 16, 2026

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