FIRST AMENDMENT TO THE CREDIT AGREEMENTCredit Agreement • October 19th, 2005 • Affordable Residential Communities Inc • Real estate investment trusts • New York
FIRST AMENDMENT, dated as of October 14, 2005 (this “Amendment”), to the Credit Agreement, dated as of April 6, 2005 (as previously amended, supplemented or otherwise modified, the “Existing Credit Agreement”, and as amended hereby and as further amended, restated, supplemented or otherwise modified and in effect from time to time, the “Credit Agreement”), by and among ARC Housing LLC (“Housing LLC”), ARC HousingTX LP (“HousingTX LP”, together with Housing LLC, collectively, the “Borrowers”, each, a “Borrower”) and Merrill Lynch Mortgage Capital Inc. (the “Lender”).
SECURITY AGREEMENTSecurity Agreement • October 19th, 2005 • Affordable Residential Communities Inc • Real estate investment trusts • New York
SECURITY AGREEMENT, dated as of October 14, 2005, made by ARC REAL ESTATE HOLDINGS, LLC, a Delaware limited liability company (the “Grantor”), in favor of MERRILL LYNCH MORTGAGE CAPITAL INC., as Lender (the “Lender”).
FIRST AMENDMENT TO THE ARC LP GUARANTEEArc Lp Guarantee • October 19th, 2005 • Affordable Residential Communities Inc • Real estate investment trusts • New York
FIRST AMENDMENT, dated as of October 14, 2005 (this “Amendment”), to the ARC LP Guarantee, dated as of April 6, 2005 (as previously amended, supplemented or otherwise modified, the “Existing ARC LP Guarantee”, and as amended hereby and as further amended, restated, supplemented or otherwise modified and in effect from time to time, the “ARC LP Guarantee”), by Affordable Residential Communities LP (the “Guarantor”) in favor of Merrill Lynch Mortgage Capital Inc. (the “Lender”).
