LIMITED LIABILITY COMPANY AGREEMENT OF GGT CRESCENT ALEXANDER NC VENTURE, LLCLimited Liability Company Agreement • December 3rd, 2012 • Global Growth Trust, Inc. • Real estate investment trusts • Delaware
This Limited Liability Company Agreement of GGT CRESCENT ALEXANDER NC VENTURE, LLC (this “Agreement”) is entered into and shall be effective as of the 27th day of November, 2012, by and between CRESCENT ALEXANDER VILLAGE I, LLC, a Delaware limited liability company (“Crescent”), and GGT CRESCENT ALEXANDER HOLDINGS, LLC, a Delaware limited liability company (“CNL”), pursuant to the provisions of the Delaware Limited Liability Company Act (the “Act”). Crescent and CNL are sometimes referred to herein, collectively, as the Members and individually as a Member.
DEVELOPMENT AGREEMENT Between CRESCENT DEVELOPMENT, LLC, a Delaware limited liability company, as Developer And GGT CRESCENT ALEXANDER NC VENTURE, LLC, a Delaware limited liability company, as Owner Dated: November 27, 2012Development Agreement • December 3rd, 2012 • Global Growth Trust, Inc. • Real estate investment trusts
THIS DEVELOPMENT AGREEMENT (this “Agreement”), is entered into as of the 27th day of November, 2012 by and between GGT Crescent Alexander NC Venture, LLC, a Delaware limited liability company (together with its successors and assigns, “Owner”) and Crescent Development, LLC, a Delaware limited liability company (“Developer”).
CONSTRUCTION LOAN AGREEMENT between GGT Crescent Alexander NC Venture, LLC, a Delaware limited liability company and Regions Bank Entered into as of November 27, 2012Construction Loan Agreement • December 3rd, 2012 • Global Growth Trust, Inc. • Real estate investment trusts • North Carolina
THIS CONSTRUCTION LOAN AGREEMENT (“Agreement”) is entered into as of November 27, 2012, by and between GGT Crescent Alexander NC Venture, LLC, a Delaware limited liability company (“Borrower”), and Regions Bank, an Alabama chartered commercial bank, and its successors and assigns (“Lender”).
SECURED PROMISSORY NOTESecured Promissory Note • December 3rd, 2012 • Global Growth Trust, Inc. • Real estate investment trusts
This is the Note (the “Note”) referred to in that certain Construction Loan Agreement dated as of the date hereof between the Borrower and the Lender (as amended, modified, supplemented or restated from time to time, the “Loan Agreement”) pursuant to which the Lender agreed to make a construction loan (the “Loan”) available to the Borrower. Capitalized terms used herein, and not otherwise defined herein, have their respective meanings given them in the Loan Agreement.
