BUSINESS LOAN AGREEMENTBusiness Loan Agreement • September 29th, 2023 • California
Contract Type FiledSeptember 29th, 2023 JurisdictionTHIS BUSINESS LOAN AGREEMENT (“Agreement”) is dated for reference purposes and entered into as of [November 1, 2023] (“Effective Date”), between SANTA CRUZ COUNTY BANK, a California state-chartered bank (“Lender”), with an address at P.O. Box 8426, Santa Cruz, CA 95061 and PAJARO VALLEY HEALTH CARE DISTRICT HOSPITAL CORPORATION, a California nonprofit public benefit corporation (“PVHDHC”), with a chief executive office located at 75 Nielson Street, Watsonville, CA 95076, and PAJARO VALLEY HEALTH CARE DISTRICT, a California organization formed pursuant to California Senate Bill 418 enacted on February 4, 2022 (“PVHD”), with a chief executive office located at 75 Nielson Street, Watsonville, CA 95076 (PVHDHC and PVHD are together referred to herein as “Borrower”), and with reference to the below recitals.