The following Banking & Finance precedent produced in partnership with Ranajoy Basu of McDermott Will & Emery provides comprehensive and up to date legal information covering:
A Signing and Closing Memorandum is required to assist the smooth execution of a complex transaction. This precedent signing and closing memorandum sets out steps to be taken in order to close a commercial mortgage-backed securities (CMBS) transaction. Additional documents or steps may be required depending on the specific transaction.
[CURRENCY][AGGREGATE AMOUNT] CLASS [A] NOTES DUE [•] AND [CURRENCY] [AGGREGATE AMOUNT] CLASS [B] NOTES DUE [•] (THE NOTES)
SIGNING AND CLOSING MEMORANDUM
Parties involved in the transaction
TIMETABLE, VENUE AND PROCEDURE
The following events and dates form the anticipated timetable in respect of the issue of the Notes.
The signing and closing meetings will take place at [the offices of Issuer's Counsel].
It is intended that the transaction documents listed in paragraph 11 of Part III of this memorandum will be in agreed form by [●].
The matters to be attended to in respect of the signing meeting and the closing meeting are set out in more detail in Parts II, III, IV, V and VI of this memorandum.
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