SECURITY AGREEMENT dated as of March 15, 2022, among VELOCITY COMMERCIAL CAPITAL, LLC, as the Issuer, VELOCITY FINANCIAL, INC., as Parent THE OTHER GRANTORS FROM TIME TO TIME PARTY HERETO, and U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, as...Security Agreement • March 16th, 2022 • Velocity Financial, Inc. • Finance services
This SECURITY AGREEMENT is entered into, as of March 15, 2022 (this “Agreement”), by and among VELOCITY FINANCIAL, INC., a Delaware corporation (“Parent”), VELOCITY COMMERCIAL CAPITAL, LLC, a Delaware limited liability company (the “Issuer” and, together with Parent and each Subsidiary Party that, at the option of the Issuer, becomes a party hereto from time to time, collectively the “Grantors” and each, a “Grantor”), and U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, as collateral agent (in such capacity, the “Collateral Agent”) for the Secured Parties (as defined herein).
VELOCITY COMMERCIAL CAPITAL, LLC 7.125% Senior Secured Notes due 2027 Fully and unconditionally guaranteed by VELOCITY FINANCIAL, INC. NOTE PURCHASE AGREEMENT March 15, 2022Note Purchase Agreement • March 16th, 2022 • Velocity Financial, Inc. • Finance services • New York
