CONTRIBUTION AGREEMENT (Country Meadows Village)Contribution Agreement • June 29th, 2011 • Sun Communities Inc • Real estate investment trusts
THIS CONTRIBUTION AGREEMENT is made and entered into this 5th day of May, 2011, by and among COUNTRY MEADOWS VILLAGE MHP HOLDING COMPANY #2, LLC, a Michigan limited liability company (“Contributor”), COUNTRY MEADOWS VILLAGE MHP HOLDING COMPANY #1, LLC, a Michigan limited liability company (the “Holding Company”), COUNTRY MEADOWS VILLAGE MOBILE HOME PARK, LLC, a Michigan limited liability company (“Owner”), and SUN COMMUNITIES OPERATING LIMITED PARTNERSHIP, a Michigan limited partnership (“SCOLP”).
TERM LOAN AGREEMENT by and between Cider Mill Village Mobile Home Park, LLC, a Michigan limited liability company Country Hills Village Mobile Home Park, LLC, a Michigan limited liability company Country Meadows Village Mobile Home Park, LLC, a...Term Loan Agreement • June 29th, 2011 • Sun Communities Inc • Real estate investment trusts
This Term Loan Agreement (this “Agreement”) is made as of the 23rd day of June, 2011, by and between Cider Mill Village Mobile Home Park, LLC, a Michigan limited liability company; Country Hills Village Mobile Home Park, LLC, a Michigan limited liability company; and Country Meadows Village Mobile Home Park, LLC, a Michigan limited liability company; and Sun Orange City LLC, a Michigan limited liability company (collectively, the “Borrower”), and Bank of America, N.A., a national banking association (“Lender”).
TWO HUNDRED SEVENTY FIFTH AMENDMENT TO THE SECOND AMENDED AND RESTATED LIMITED PARTNERSHIP AGREEMENT OF SUN COMMUNITIES OPERATING LIMITED PARTNERSHIPLimited Partnership Agreement • June 29th, 2011 • Sun Communities Inc • Real estate investment trusts • Michigan
This Two Hundred Seventy fifth Amendment to the Second Amended and Restated Limited Partnership Agreement of Sun Communities Operating Limited Partnership (this “Amendment”) is made and entered into on June 23, 2011, but effective as of May 1, 2011 (“Effective Date”), by and between SUN COMMUNITIES, INC., a Maryland corporation (the “General Partner”), as the general partner of SUN COMMUNITIES OPERATING LIMITED PARTNERSHIP, a Michigan limited partnership (the “Partnership”), and the holders of Series A-1 Preferred Units (as hereinafter defined) set forth on Exhibit A hereto (collectively, the “Series A-1 Preferred Partners”).
REGISTRATION RIGHTS AGREEMENTRegistration Rights Agreement • June 29th, 2011 • Sun Communities Inc • Real estate investment trusts • Michigan
This Registration Rights Agreement (“Agreement”) is entered into as of June 23, 2011 by and between Sun Communities, Inc., a Maryland corporation (the “Company”), and the holders of Series A-1 Preferred Units that have executed this Agreement below (the “Initial Holders”). The Company and each Holder is sometimes referred to herein individually as a “Party” and together as the “Parties”.
MASTER CONTRIBUTION AGREEMENTMaster Contribution Agreement • June 29th, 2011 • Sun Communities Inc • Real estate investment trusts • Michigan
THIS MASTER CONTRIBUTION AGREEMENT (this “Agreement”) is made and entered into as of April 1, 2011 by and among SUN COMMUNITIES, INC., a Maryland corporation (“SCI”), SUN COMMUNITIES OPERATING LIMITED PARTNERSHIP, a Michigan limited partnership (“SCOLP” and, together with SCI, the “Sun Group”), and KENTLAND CORPORATION, a Michigan corporation (“KC”), WILBUR A. LETTINGA, WILLIAM B. LETTINGA and MICHAEL LETTINGA (collectively with KC, the “Principals”).
Promissory NotePromissory Note • June 29th, 2011 • Sun Communities Inc • Real estate investment trusts
FOR VALUE RECEIVED, Cider Mill Village Mobile Home Park, LLC, a Michigan limited liability company; Country Hills Village Mobile Home Park, LLC, a Michigan limited liability company; Country Meadows Village Mobile Home Park, LLC, a Michigan limited liability company; and Sun Orange City LLC, a Michigan limited liability company (collectively, the “Borrower”), hereby promise to pay to the order of Bank of America, N.A., a national banking association (together with any and all of its successors and assigns and/or any other holder of this Note, “Lender”), without offset, in immediately available funds in lawful money of the United States of America, at 2600 West Big Beaver Road, Troy, Michigan 48084, the principal sum of Fifteen Million Five Hundred Thirty Thousand and No/100 Dollars ($15,530,000.00) (or the unpaid balance of all principal advanced against this Note, if that amount is less), together with interest on the unpaid principal balance of this Note from day to day outstanding a
Promissory NotePromissory Note • June 29th, 2011 • Sun Communities Inc • Real estate investment trusts
FOR VALUE RECEIVED, Pinebrook Village Mobile Home Park, LLC, a Michigan limited liability company, and Windsor Woods Village Mobile Home Park, LLC, a Michigan limited liability company (collectively, the “Borrower”), hereby promise to pay to the order of Bank of America, N.A., a national banking association (together with any and all of its successors and assigns and/or any other holder of this Note, “Lender”), without offset, in immediately available funds in lawful money of the United States of America, at 2600 West Big Beaver Road, Troy, Michigan 48084, the principal sum of Seven Million Four Hundred Thousand and No/100 Dollars ($7,400,000.00) (or the unpaid balance of all principal advanced against this Note, if that amount is less), together with interest on the unpaid principal balance of this Note from day to day outstanding as hereinafter provided.
MEMBERSHIP INTEREST PURCHASE AGREEMENTMembership Interest Purchase Agreement • June 29th, 2011 • Sun Communities Inc • Real estate investment trusts
THIS MEMBERSHIP INTEREST PURCHASE AGREEMENT (this “Agreement”) is made and entered into this 23rd day of June, 2011 by and among WILBUR A. LETTINGA, WILLIAM B. LETTINGA and MICHAEL LETTINGA (each a “Principal” and collectively, the “Principals”) and SUN HOME SERVICES, INC., a Michigan corporation (“Purchaser”).
