SUPPORT AGREEMENTSupport Agreement • November 6th, 2023 • Ayr Wellness Inc. • Medicinal chemicals & botanical products • Ontario
This Backstop Commitment Letter (the “Commitment Letter”) is being entered into by [Redacted – Personal Information] (together with its controlled investment affiliates and designees, the “Backstop Party”) in connection with backstopping the proposed financing of an aggregate principal amount of $50.0 million of New 1L Secured Notes (the “New Money Notes” as defined in the Term Sheet) to be offered by Ayr Wellness Canada Holdings Inc. to the Supporting Senior Noteholders and guaranteed by Ayr Wellness Inc. (“Ayr” and, together with its direct and indirect subsidiaries, the “Company”) (such proposed financing, the “New Money Financing”) in accordance with (x) the Support Agreement dated October 31, 2023 by and among Ayr, Ayr Wellness Canada Holdings Inc. and the Supporting Senior Noteholders party thereto (the “Support Agreement”) and (y) the trust indenture dated December 10, 2020 between Ayr and Odyssey Trust Company (the “Trustee”), as amended, restated, amended and restated, modifie
