LOAN AGREEMENTLoan Agreement • September 21st, 2021
Contract Type FiledSeptember 21st, 2021This LOAN AGREEMENT, made and entered into as of September 1, 2021 (this “Agreement”), by and between NASSAU COUNTY LOCAL ECONOMIC ASSISTANCE CORPORATION, a local development corporation created pursuant to the Not-for-Profit Corporation Law of the State of New York, having its principal office at One West Street, 4th Floor, Mineola, New York 11501 (the “Issuer”), party of the first part, and SCO FAMILY OF SERVICES, a duly organized and validly existing New York not-for-profit corporation and an organization described in Section 501(c)(3) of the Internal Revenue Code of 1986, as amended (the “Code”), which is exempt from federal income taxation pursuant to Section 501(a) of the Code, having an office at 1 Alexander Place, Glen Cove, New York 11542 (the “Institution”), party of the second part;