MEMBERSHIP INTEREST PURCHASE AGREEMENT BY AND BETWEEN NDT SENIOR LOAN FUND, L.P., SPECIALTY LOAN VG FUND, L.P., LINCOLN INVESTMENT SOLUTIONS, INC., JADE REAL ASSETS FUND, L.P., AMERICAN UNITED LIFE INSURANCE COMPANY, AND HPS SLF UE AGGREGATOR, L.P....Membership Interest Purchase Agreement • September 12th, 2019 • Biglari Holdings Inc. • Retail-eating places • Texas
THIS MEMBERSHIP INTEREST PURCHASE AGREEMENT (“Agreement”) is executed as of this 9th day of September, 2019 (the “Execution Date”), by NDT Senior Loan Fund, L.P., a Delaware limited partnership, Specialty Loan VG Fund, L.P., a Delaware limited partnership, Lincoln Investment Solutions, Inc., a Delaware corporation, Jade Real Assets Fund, L.P., a Delaware limited partnership, American United Life Insurance Company, an Indiana corporation and HPS SLF UE Aggregator, L.P., a Delaware limited partnership (collectively, the “Seller Parties”), which shall herein be referred to collectively as “Seller”, and Southern Oil Inc., a Delaware corporation (“Buyer”). Seller and Buyer may also be referred to herein, individually, as a “Party” and, collectively, as the “Parties.”
