REDEMPTION AGREEMENT GIPAL JV 15091 SW ALABAMA 20, LLCRedemption Agreement • December 19th, 2019 • Generation Income Properties, Inc. • Real estate investment trusts • Florida
THIS REDEMPTION AGREEMENT (this “Agreement”) by and between GIPAL JV 15091 SW ALABAMA 20, LLC, a Delaware limited liability company (the “Company”) and TC Huntsville, LLC, a Florida limited liability company (the “Redeemed Member”). Unless otherwise defined herein, any capitalized term referred to herein shall have the meaning ascribed to such term in that Limited Liability Company Agreement of the Company entered into December 4, 2018 (the “JV Agreement”).
SECURITY AGREEMENTSecurity Agreement • December 19th, 2019 • Generation Income Properties, Inc. • Real estate investment trusts
THIS SECURITY AGREEMENT, dated as of December 16, 2019 (as amended, supplemented or otherwise modified from time to time in accordance with the provisions hereof, this “Agreement”), is made by and among Generation Income Properties, L.P., a Delaware limited partnership (the “Grantor”), in favor of Brown Family Enterprises, a Florida limited liability company (the “Secured Party”).
