LOAN AGREEMENT BASIC TERMSLoan Agreement Basic Terms • November 30th, 2020 • Delaware
Contract Type FiledNovember 30th, 2020 JurisdictionThis Loan Agreement (including this Loan Agreement Basic Terms, the Loan Agreement Terms and Conditions attached hereto and any and all exhibits and schedules attached hereto or thereto, collectively, as the same may be supplemented, amended, modified consolidated, extended, replaced, renewed and/or restated from time to time, this “Agreement” or “Loan Agreement”) is made and entered into by and among Developer and Defeasance Trust (individually a “Co-Borrower” and collectively, the “Co‑Borrowers”), on one hand, and Lender, on the other hand. Co-Borrowers and Lender acknowledge and agree that the below Loan Agreement Basic Terms are applied under, and that the loan in the maximum principal balance of the Loan Amount (the “Loan”) from Lender to Co‑Borrowers evidenced hereby is governed by, the Loan Agreement Terms and Conditions attached hereto and incorporated herein by reference. In consideration of the covenants set forth in this Agreement, and other good and valuable consideration,