0001193125-14-038953 Sample Contracts

LIMITED LIABILITY COMPANY AGREEMENT OF GGT CRESCENT GATEWAY FL VENTURE, LLC, a Delaware limited liability company
Limited Liability Company Agreement • February 6th, 2014 • CNL Growth Properties, Inc. • Real estate investment trusts • Delaware

THIS LIMITED LIABILITY COMPANY AGREEMENT OF GGT CRESCENT GATEWAY FL VENTURE, LLC (this “Agreement”) is entered into and shall be effective as of the 31st day of January, 2014, by and between CRESCENT GATEWAY VENTURE, LLC, a Georgia limited liability company (“Crescent”), and GGT CRESCENT GATEWAY 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.

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28,500,000 CONSTRUCTION LOAN AGREEMENT by and between GGT CRESCENT GATEWAY FL VENTURE, LLC, as Borrower and PNC BANK, NATIONAL ASSOCIATION, as Lender Dated: January 31, 2014
Construction Loan Agreement • February 6th, 2014 • CNL Growth Properties, Inc. • Real estate investment trusts • Florida

THIS CONSTRUCTION LOAN AGREEMENT (the “Agreement”) is made to be effective January 31, 2014, by and between GGT Crescent Gateway FL Venture, LLC, a Delaware limited liability company (“Borrower”), and PNC BANK, NATIONAL ASSOCIATION, a national banking association, as Lender.

SALES CONTRACT by and between CRESCENT COMMUNITIES, LLC, as Seller and GGT CRESCENT GATEWAY FL VENTURE, LLC, as Purchaser
Sales Contract • February 6th, 2014 • CNL Growth Properties, Inc. • Real estate investment trusts • Florida

This Sales Contract (the “Agreement”) is made and entered into this 31st day of January, 2014 (the “Effective Date”), by and between CRESCENT COMMUNITIES, LLC, a Georgia limited liability company (formerly named Crescent Resources, LLC) (“Seller”) and GGT CRESCENT GATEWAY FL VENTURE, LLC, a Delaware limited liability company (“Purchaser”).

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