Common use of Background; Use of Funds; Definitions Clause in Contracts

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Drop 004 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 4 contracts

Sources: Purchase and Sale Agreement (Otis Collection LLC), Purchase and Sale Agreement (Otis Collection LLC), Promissory Note (Otis Collection LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 064 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 031 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 046 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 071 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 037 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 104 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 094 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 120 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 036 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 118 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 030 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 061 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 075 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 016 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 078 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 017 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 086 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 050 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 059 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Drop 004 010 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Collection LLC), Promissory Note (Otis Collection LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 019 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Drop 004 005 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Collection LLC), Promissory Note (Otis Collection LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 076 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 113 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 053 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 063 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 057 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 096 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 023 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 066 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 105 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 044 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Drop 004 001 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Promissory Note (Otis Collection LLC), Promissory Note (Otis Collection LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 054 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 042 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 085 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 080 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 091 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 062 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 052 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Drop 004 006 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Collection LLC), Promissory Note (Otis Collection LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 070 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 025 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 035 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 045 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Drop 004 009 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Collection LLC), Promissory Note (Otis Collection LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 073 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 040 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 058 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 082 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 068 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Drop 004 007 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Collection LLC), Promissory Note (Otis Collection LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 033 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 032 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 049 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 069 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 039 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Drop 004 008 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Collection LLC), Promissory Note (Otis Collection LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 110 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 092 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 097 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 027 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 038 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 028 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 029 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 116 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 056 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 114 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 123 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Otis Gallery LLC), Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Drop 004 003 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 2 contracts

Sources: Promissory Note (Otis Collection LLC), Promissory Note (Otis Collection LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Drop 004 008 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 1 contract

Sources: Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Drop 004 002 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 1 contract

Sources: Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Drop 004 007 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 1 contract

Sources: Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Drop 004 006 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 1 contract

Sources: Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Drop 004 002 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 1 contract

Sources: Promissory Note (Otis Collection LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Drop 004 009 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 1 contract

Sources: Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Drop 004 005 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 1 contract

Sources: Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Drop 004 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 1 contract

Sources: Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 013 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 1 contract

Sources: Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Drop 004 010 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 1 contract

Sources: Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Gallery Drop 004 011 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 1 contract

Sources: Promissory Note (Otis Gallery LLC)

Background; Use of Funds; Definitions. This Note constitutes the consideration payable to the Lender for the Series Collection Drop 004 003 Asset (the “Series Asset”) pursuant to the Purchase and Sale Agreement relating to the Series Asset that was entered into between the Company and the Lender on or about the date hereof. As used in this Note, the following terms shall have the following meanings:

Appears in 1 contract

Sources: Promissory Note (Otis Gallery LLC)