Common Contracts
4 similar Commercial Loan Agreement contracts by Red Oak Capital Fund V, LLC
COMMERCIAL LOAN AGREEMENT Dated as of March 2, 2022 Between a New Jersey limited liability company, as Borrower and RED OAK CAPITAL FUND V, LLC a Delaware limited liability company as Lender Loan No. APP-000632Commercial Loan Agreement • March 29th, 2022 • Red Oak Capital Fund V, LLC • Real estate • Michigan
COMMERCIAL LOAN AGREEMENT Dated as of December 20, 2021 Between a California limited liability company, as Borrower and RED OAK CAPITAL FUND V, LLC a Delaware limited liability company as Lender Loan No. APP-000563Commercial Loan Agreement • December 23rd, 2021 • Red Oak Capital Fund V, LLC • Real estate • Michigan
COMMERCIAL LOAN AGREEMENT Dated as of April 30, 2021 Between a District of Columbia limited liability company, as Borrower and RED OAK CAPITAL FUND V, LLC a Delaware limited liability company as Lender Loan No. APP-_____Commercial Loan Agreement • May 10th, 2021 • Red Oak Capital Fund V, LLC • Real estate • Michigan
Page ARTICLE I - DEFINITIONS; PRINCIPLES OF CONSTRUCTION 8 Section 1.1 Definitions 8 Section 1.2 Principles of Construction 23 Section 1.3 Accounting terms and Determinations; GAAP 24 ARTICLE II - GENERAL TERMS 24 Section 2.1 Loan Commitment; Disbursement to Borrower 24 2.1.1 Agreement to Lend and Borrow 24 2.1.2 Disbursements to Borrower 24 2.1.3 The Note, Security Instrument and Loan Documents 24 2.1.4 Use of Proceeds 24 Section 2.2 Interest Rate 24 2.2.1 Interest Rate 24 2.2.2 Interest Calculation 24 2.2.3 Default Rate 25 2.2.4 Usury Savings 25 Section 2.3 Loan Payment 25 Section 2.4 Prepayments 25 2.4.1 Voluntary Prepayments 25 2.4.2 Mandatory Prepayments 26 2.4.3 Payments After Default 26 Section 2.5 Payment of Exit Fee 26 Section 2.6 Release of Property 27 Section 2.7 Clearing Account/Cash Management 27 2.7.1 Clearing Account 27 2.7.2 Cash Management Account 28 2.7.3 Payments Received under the Cash Management Agreement 28 2.7.4 Commitment Fee; Arra
COMMERCIAL LOAN AGREEMENT Dated as of March 26, 2021 Between a District of Columbia limited liability company, as Borrower and RED OAK CAPITAL FUND V, LLC a Delaware limited liability company as Lender Loan No. ______________Commercial Loan Agreement • April 2nd, 2021 • Red Oak Capital Fund V, LLC • Real estate • Michigan
THIS COMMERCIAL LOAN AGREEMENT is made as of March 26, 2021 (this “Agreement”), between RED OAK CAPITAL FUND V, LLC, a Delaware limited liability company, having an address at 625 Kenmoor Ave SE, Suite 200, Grand Rapids, Michigan 49546 (“Lender”) and 4559 BENNING RD SE LLC, a District of Columbia limited liability company, having its principal place of business at 4559 Benning Road SE, #103, Washington, DC 20019 (“Borrower”).
