Textron Financial Corporation, Subsidiary of Textron Inc. AMENDED AND RESTATED WHOLESALE SECURITY AGREEMENTWholesale Security Agreement • August 22nd, 2006 • American Land Lease Inc • Real estate investment trusts • Rhode Island
This Amended and Restated Wholesale Security Agreement (this “Agreement”) is entered into, as of August 17, 2006, by All Homes Corp., a Delaware corporation (“Debtor”) and Textron Financial Corporation, a Delaware corporation (“Secured Party”). For purposes of this Agreement, any party which controls, is controlled by, or is under common control with Debtor or Secured Party, shall be deemed an affiliate of Debtor or Secured Party, as appropriate. This Agreement amends and restates in its entirety that certain Wholesale Security Agreement dated as of March 22, 2002, as amended to date, by Debtor and Secured Party (the “Existing Agreement”). Debtor desires to amend and restate the Existing Agreement as set forth in this Agreement to reflect and confirm, and this Agreement does hereby so amend and restate the Existing Agreement to reflect and confirm, that all of the loans outstanding under the Existing Agreement are hereby consolidated as loans outstanding hereunder and all principal, in
