CREDIT AGREEMENTCredit Agreement • March 14th, 2014 • Ares Commercial Real Estate Corp • Real estate investment trusts • New York
THIS CREDIT AGREEMENT, dated as of March 12, 2014, is entered into by and among, on the one hand, the lenders identified on the signature pages hereof (such lenders, together with their respective successors and permitted assigns, are referred to hereinafter each individually as a “Lender” and collectively as the “Lenders”) and CITY NATIONAL BANK, a national banking association (“CNB”), as the arranger and administrative agent for the Lenders (in such capacity, together with its successors and permitted assigns in such capacity, “Agent”), and, on the other hand, ACRC LENDER LLC, a Delaware limited liability company (“Borrower”).
INTERCOMPANY SUBORDINATION AGREEMENTIntercompany Subordination Agreement • March 14th, 2014 • Ares Commercial Real Estate Corp • Real estate investment trusts • New York
THIS INTERCOMPANY SUBORDINATION AGREEMENT (this “Agreement”), dated as of March 12, 2014, is made by and among ACRC LENDER LLC, a Delaware limited liability company (“Borrower”), ARES COMMERCIAL REAL ESTATE CORPORATION, a Maryland corporation (“Guarantor”, together with Borrower, referred to hereinafter each individually as an “Obligor”, and individually and collectively, jointly and severally, as the “Obligors”), in favor of CITY NATIONAL BANK, a national banking association, as the arranger and administrative agent for the Lender Group and the Bank Product Providers (in such capacity, together with its successors and assigns in such capacity, “Agent”).
GENERAL CONTINUING GUARANTYGeneral Continuing Guaranty • March 14th, 2014 • Ares Commercial Real Estate Corp • Real estate investment trusts • New York
This GENERAL CONTINUING GUARANTY (this “Guaranty”), dated as of March 12, 2014, is executed and delivered by ARES COMMERCIAL REAL ESTATE CORPORATION, a Maryland corporation (“Guarantor”) in favor of CITY NATIONAL BANK, a national banking association, as the arranger and administrative agent for the Lender Group and the Bank Product Providers (in such capacity, together with its successors and permitted assigns in such capacity, “Agent”), in light of the following:
SECURITY AGREEMENTSecurity Agreement • March 14th, 2014 • Ares Commercial Real Estate Corp • Real estate investment trusts • New York
This SECURITY AGREEMENT (this “Agreement”), entered into as of March 12, 2014, is executed and delivered by ACRC LENDER LLC, a Delaware limited liability company (“Borrower”) in favor of CITY NATIONAL BANK, a national banking association, as the arranger and administrative agent for the Lender Group and the Bank Product Providers (in such capacity, together with its successors and assigns in such capacity, “Agent”), in light of the following:
