Common Contracts
2 similar Loan Agreement contracts by KBS Strategic Opportunity REIT II, Inc.
LOAN AGREEMENT between KBS SOR II Q&C PROPERTY, LLC, as Borrower, KBS SOR II Q&C OPERATIONS, LLC, as Operating Lessee, andLoan Agreement • February 11th, 2016 • KBS Strategic Opportunity REIT II, Inc. • Real estate investment trusts • New York
Page ARTICLE 1 DEFINITIONS 1 1.1 Defined Terms 1 1.2 Exhibits Incorporated 13 ARTICLE 2 LOAN 13 2.1 Loan 13 2.2 Fees 13 2.3 Loan Documents 13 2.4 Effective Date 14 2.5 Maturity Date 14 2.6 Prepayment/Prepayment Fee 14 2.7 Credit for Principal Payments 14 2.8 Full Repayment and Reconveyance 14 2.9 Intentionally Omitted 15 2.10 First Option to Extend 15 2.11 Second Option to Extend 16 2.12 Recourse 18 2.13 Assignment of Accounts 18 2.14 Interest Rate Protection 18 2.15 Amortization 19 ARTICLE 3 DISBURSEMENT 20 3.1 Conditions Precedent to the Initial Disbursement 20 3.2 Conditions Precedent to Future Disbursement 20 3.3 Disbursements 21 3.4 Earnout 21 ARTICLE 4 INTENTIONALLY OMITTED 22 ARTICLE 5 INSURANCE 22 5.1 Property INsurance 22 5.2 Flood Hazard Insurance 22 5.3 Liability Insurance 22 5.4 Other Coverage 22 5.5 General 23 ARTICLE 6 REPRESENTATIONS AND WARRANTIES 23 6.1 Authority/enforceability 23 6.2 Binding Obligatio
LOAN AGREEMENT between andLoan Agreement • March 26th, 2015 • KBS Strategic Opportunity REIT II, Inc. • Real estate investment trusts • New York
THIS LOAN AGREEMENT (“Agreement”) is entered into as of December 30, 2014, by and between IC Myrtle Beach LLC, a Delaware limited liability company (“Borrower”), IC Myrtle Beach Operations LLC, a Delaware limited liability company (f/k/a IC Myrtle Beach TRS LLC) (“Operating Lessee”), and Wells Fargo Bank, National Association (“Lender”).
