PLEDGE AND SECURITY AGREEMENTPledge and Security Agreement • August 24th, 2016 • Nexpoint Multifamily Capital Trust, Inc. • Real estate investment trusts • New York
THIS PLEDGE AND SECURITY AGREEMENT (this “Agreement”) is made as of this 18th day of August, 2016, by NREA SOV INVESTORS, LLC, a Texas limited partnership (“Pledgor”), having an address at c/o NexPoint Multifamily Operating Partnership, L.P., 300 Crescent Court, Suite 700, Dallas, Texas 75201, for the benefit of KEYBANK NATIONAL ASSOCIATION, in its capacity as Administrative Agent (the “Administrative Agent”) for the lenders party thereto from time to time (the “Lenders”) under that certain Bridge Credit Agreement dated as of August 5, 2015 by and among Highland Capital Management L.P. and NexPoint Multifamily Operating Partnership, L.P. (collectively, “Borrowers”), the Administrative Agent and Lenders, as amended by that certain First Amendment to Revolving Credit Agreement dated as of even date herewith by and among Borrower, Administrative Agent and Lenders (as may be further amended, modified, restated, or supplemented and in effect from time to time, the “Credit Agreement”); and
FIRST AMENDMENT TO REVOLVING CREDIT AGREEMENTRevolving Credit Agreement • August 24th, 2016 • Nexpoint Multifamily Capital Trust, Inc. • Real estate investment trusts • New York
This FIRST AMENDMENT TO REVOLVING CREDIT AGREEMENT (this “Agreement”), dated as of August 18, 2016 (the “Effective Date”) by and among , HIGHLAND CAPITAL MANAGEMENT L.P., a Delaware limited partnership, NEXPOINT MULTIFAMILY OPERATING PARTNERSHIP, L.P., a Delaware limited partnership, such parties being referred to individually as a “Borrower” and collectively as the “Borrowers”), the banks and financial institutions listed on the signature pages hereof as Lenders, and KEYBANK NATIONAL ASSOCIATION, as administrative agent (in such capacity, the “Administrative Agent”) for the Lenders.
