AGREEMENT FOR PURCHASE AND SALE OF REAL PROPERTYPurchase and Sale Agreement • September 28th, 2021 • Lincoln Educational Services Corp • Services-educational services • New York
Contract Type FiledSeptember 28th, 2021 Company Industry JurisdictionThis LEASE AGREEMENT (as amended, supplemented or modified, this “Lease”), made as of this _____ day of _______________, 2021 (the “Effective Date”), between LNT Denver (Multi) LLC, a Delaware limited liability company (together with its successors and assigns “Landlord”), with an address at 888 Seventh Avenue, 4th Floor, New York, New York 10019, and Lincoln Technical Institute, Inc., a New Jersey corporation (together with its successors and permitted assigns, “Tenant”) with an address at __________________________.
Sterling National BankConsent to Departure From Certain Terms of Loan Documents • September 28th, 2021 • Lincoln Educational Services Corp • Services-educational services • New Jersey
Contract Type FiledSeptember 28th, 2021 Company Industry JurisdictionReference is hereby made to that certain Credit Agreement dated as of November 14, 2019 (as amended, modified, or supplemented from time to time, including by that certain First Amendment to Credit Agreement dated as of November 10, 2020, together with any subsequent amendments thereto, the “Credit Agreement”) by and among Lincoln Educational Services Corporation, Lincoln Technical Institute, Inc., Nashville Acquisition, L.L.C., New England Acquisition, LLC, Euphoria Acquisition, LLC, LCT Acquisition, LLC, NN Acquisition, LLC and LTI Holdings LLC (individually and collectively, “Borrower”) and Sterling National Bank (“Bank”) pursuant to which Bank made available to Borrower certain senior secured credit facilities consisting of (i) a $15,000,000.00 senior secured revolving line of credit (the “Line of Credit”); (ii) a $20,000,000.00 senior secured term loan (the “Term Loan”); (iii) a $10,000,000.00 senior secured revolving loan facility available for the issuance of letters of credit (
CONTRACT FOR THE PURCHASE OF REAL ESTATEContract for the Purchase of Real Estate • September 28th, 2021 • Lincoln Educational Services Corp • Services-educational services
Contract Type FiledSeptember 28th, 2021 Company IndustryTHIS CONTRACT FOR THE PURCHASE OF REAL ESTATE (this “Contract”), is made and entered into as of September 24, 2021 (the “Effective Date”), by and between NASHVILLE ACQUISITION, LLC, a Delaware limited liability company (“Seller”), and SLC DEVELOPMENT, LLC, a Tennessee limited liability company (“Purchaser”).