AGREEMENT BETWEEN NOTEHOLDERS Dated as of July 23, 2025, by and between GOLDMAN SACHS BANK USA (Initial Note A-1 Holder) and GOLDMAN SACHS BANK USA (Initial Note A-2 Holder) Poinciana Lakes PlazaAgreement Between Noteholders • July 24th, 2025 • Benchmark 2025-V16 Mortgage Trust • Asset-backed securities • New York
THIS AGREEMENT BETWEEN NOTEHOLDERS, dated as of July 23, 2025 by and between GOLDMAN SACHS BANK USA (together with its successors and assigns in interest, “GSBI”), a New York state-chartered bank (in its capacity as initial owner of Note A-1, the “Initial Note A-1 Holder”, and in its capacity as the initial agent, the “Initial Agent”) and GSBI, a New York state-chartered bank (in its capacity as initial owner of Note A-2, the “Initial Note A-2 Holder” and, together with the Initial Note A-1 Holder, the “Initial Noteholders”).
AGREEMENT BETWEEN NOTEHOLDERS Dated as of April 24, 2025 by and among STARWOOD MORTGAGE CAPITAL LLC (Initial SMC Note A Holder) and BANK OF MONTREAL (Initial BMO Note A Holder)Agreement Between Noteholders • July 24th, 2025 • Benchmark 2025-V16 Mortgage Trust • Asset-backed securities • New York
THIS AGREEMENT BETWEEN NOTEHOLDERS, dated as of April 24, 2025, by and between STARWOOD MORTGAGE CAPITAL LLC (together with its successors in interest and assigns, “SMC”), a Delaware limited liability company (in its capacity as initial owner of the SMC A Notes, the “Initial SMC Note A Holder” and, in its capacity as the initial agent, the “Initial Agent”), and BANK OF MONTREAL (together with its successors in interest and assigns, “BMO”), a Canadian chartered bank (in its capacity as initial owner of the BMO A Notes, the “Initial BMO Note A Holder”).