Common Contracts
2 similar Loan Participation Agreement contracts
Loan Participation AgreementLoan Participation Agreement • July 23rd, 2019 • Delaware
This Loan Participation Agreement (the “Agreement”) referencing (the “Sponsor”), a Texas limited liability company, and made between you and Four Arrow Funding, Inc. (the “Issuer”) dated as July 25, 2019, shall set forth the terms and conditions of governance by and between the Issuer and you as loan participants (“Participants”). The Participants will make a loan (the “Loan”) to the Issuer and then the Issuer will make a preferred equity investment in the form of a Preferred Membership Interest in the Sponsor (the “PE”) secured by 3911 North Hall Street, Dallas, Texas 75219 (the “Real Property”). The PE is referred to as the Preferred Member Capital Contribution (“PMCC”) in the addendum of the operating agreement (“OA”) of the Sponsor. Contained within the OA, the PMCC has a preference liquidation to all the other equity contributed as capital to the Sponsor by its members.
Loan Participation AgreementLoan Participation Agreement • May 16th, 2019 • Delaware
This Loan Participation Agreement (the “Agreement”) referencing: i) The Heights at Werner LLC plus ii) The Pointe at Werner Creek, LLC (collectively, the “Borrower”) and made between you and Four Arrow Funding, Inc. (the “Issuer” and/or referred to as the “Lender”) dated as of May 16, 2019 shall set forth the terms and conditions of governance by and between the Issuer and you as loan participants (the “Participants”). The Participants will make an $875,000 participation loan (the “Loan”) to the Issuer and then the Issuer will make a preferred equity investment (the “PE”) secured by the real property as described.
