CO-LENDER AGREEMENT Dated as of October 2, 2024 by and between ARGENTIC REAL ESTATE FINANCE 2 LLC (Initial Note A-1 Holder and Initial Note A-2 Holder) and WELLS FARGO BANK, NATIONAL ASSOCIATION (Initial Note A-3 Holder) THE GREENECo-Lender Agreement • July 22nd, 2025 • Morgan Stanley Bank of America Merrill Lynch Trust 2025-C35 • Asset-backed securities • New York
THIS CO-LENDER AGREEMENT (this “Agreement”), dated as of October 2, 2024, by and between ARGENTIC REAL ESTATE FINANCE 2 LLC, a Delaware limited liability company (“Argentic” and together with its successors and assigns in interest, in its capacity as initial owner of the Note A-1, the “Initial Note A-1 Holder”, and in its capacity as the initial agent, the “Initial Agent”), and ARGENTIC REAL ESTATE FINANCE 2 LLC, a Delaware limited liability company (together with its successors and assigns in interest, in its capacity as initial owner of the Note A-2, the “Initial Note A-2 Holder”) and WELLS FARGO BANK, NATIONAL ASSOCIATION, a national banking association (“Wells Fargo Bank” and together with its successors and assigns in interest, in its capacity as initial owner of the Note A-3, the “Initial Note A-3 Holder” and, together with the Initial Note A-1 Holder and the Initial Note A-2 Holder, the “Initial Note Holders”).
CO-LENDER AGREEMENT Dated as of January 24, 2025 by and between AREF 2 WH BC LLC (Initial Note A-1 Holder) and AREF 2 WH BC LLC (Initial Note A-2 Holder)Co-Lender Agreement • July 22nd, 2025 • Morgan Stanley Bank of America Merrill Lynch Trust 2025-C35 • Asset-backed securities • New York
THIS CO-LENDER AGREEMENT (this “Agreement”), dated as of January 24, 2025, by and between AREF 2 WH BC LLC, a Delaware limited liability company (“Argentic” and together with its successors and assigns in interest, in its capacity as initial owner of the Note A-1, the “Initial Note A-1 Holder”, and in its capacity as the initial agent, the “Initial Agent”), and AREF 2 WH BC LLC, a Delaware limited liability company (together with its successors and assigns in interest, in its capacity as initial owner of the Note A-2, the “Initial Note A-2 Holder” and, together with the Initial Note A-1 Holder, the “Initial Note Holders”).
CO-LENDER AGREEMENT Dated as of May 20, 2025 by and among GOLDMAN SACHS BANK USA, MORGAN STANLEY MORTGAGE CAPITAL HOLDINGS LLC, and BARCLAYS CAPITAL REAL ESTATE INC.Co-Lender Agreement • July 22nd, 2025 • Morgan Stanley Bank of America Merrill Lynch Trust 2025-C35 • Asset-backed securities • New York
THIS CO-LENDER AGREEMENT (this “Agreement”), dated as of May 20, 2025, by and among GOLDMAN SACHS BANK USA GS (“GS” and, together with its successors and assigns in interest, in its capacity as initial owner of Note A-1 described below, Note A-2 described below and Note A-3 described below (collectively defined as “GS Notes”), the “Initial GS Note Holder” and, in its capacity as the initial agent, the “Initial Agent”), BARCLAYS CAPITAL REAL ESTATE INC. (“BCREI” and, together with its successors and assigns in interest, in its capacity as initial owner of Note A-4 described below and Note A-5 described below, the “Initial BCREI Note Holder”), and MORGAN STANLEY MORTGAGE CAPITAL HOLDINGS LLC (“MS” and, together with its successors and assigns in interest, in its capacity as initial owner of Note A-6 described below and Note A-7 described below, the “Initial MS Note Holder”); and collectively with the Initial GS Note Holder and the Initial BCREI Note Holder, the “Initial Note Holders”).