Question for those one the lender side who are doing A/B participations or simply pari passu. In term of the loan fees, what is customary for the lead lender to offer the A-note provider in terms of split of fees (originations, extension, exit)? Is it typically pari-passu depending on what % the A-note is providing to the overall loan? Does the lead lender typically want more than their pro-rata because they "sourced" the loan? Does the fee structure change depending on whether the A-note comes in at funding or post funding?
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