TERM LOAN AND SECURITY AGREEMENTTerm Loan and Security Agreement • November 6th, 2014 • Summit Healthcare REIT, Inc • Real estate investment trusts • Illinois
This TERM LOAN AND SECURITY AGREEMENT (this “Agreement”), dated as of September 22, 2014, is by and among Summit Lamar, LLC, a Delaware limited liability company (“Lamar”), Summit Monte Vista, LLC, a Delaware limited liability company (“Monte Vista” and together with Lamar, the “Borrowers” and each a “Borrower”) and The PrivateBank and Trust Company, an Illinois banking corporation (together with its successors and assigns, the “Lender”).
LOAN AND SECURITY AGREEMENTLoan and Security Agreement • November 6th, 2014 • Summit Healthcare REIT, Inc • Real estate investment trusts • Illinois
THIS FIRST AMENDMENT TO TERM LOAN AND SECURITY AGREEMENT (this “Amendment”) dated as of October 31, 2014 is entered into by and among Summit Lamar, LLC, a Delaware limited liability company (“Lamar”), Summit Monte Vista, LLC, a Delaware limited liability company (“Monte Vista” and together with Lamar, the “Borrowers” and each a “Borrower”) and THE PRIVATEBANK AND TRUST COMPANY, an Illinois banking corporation (the “Lender”) and is agreed to and acknowledged by Summit Myrtle Point, LLC, a Delaware limited liability company (“Myrtle”).
