Common Contracts

2 similar Pledge and Security Agreement contracts by NNN 2003 Value Fund LLC

PLEDGE AND SECURITY AGREEMENT
Pledge and Security Agreement • March 13th, 2007 • NNN 2003 Value Fund LLC • Operators of nonresidential buildings • Pennsylvania

THIS PLEDGE AND SECURITY AGREEMENT (together with all amendments, restatements and other modifications, this “Agreement”), is dated effective as of March 7, 2007, is by and between NNN 2003 VALUE FUND, LLC, a Delaware limited liability company (“Pledgor”), and RAIT PARTNERSHIP, L.P., a Delaware limited partnership (together with its successors and assigns, “Lender”).

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PLEDGE AND SECURITY AGREEMENT
Pledge and Security Agreement • February 28th, 2007 • NNN 2003 Value Fund LLC • Operators of nonresidential buildings • Pennsylvania

THIS PLEDGE AND SECURITY AGREEMENT (together with all amendments, restatements and other modifications, this “Agreement”), is dated effective as of February 15, 2007, is by and between NNN 2003 VALUE FUND, LLC, a Delaware limited liability company (“Pledgor”), and RAIT PARTNERSHIP, L.P., a Delaware limited partnership (together with its successors and assigns, “Lender”).

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