AMENDMENT NO. 1 TO SECOND AMENDED AND RESTATED MEZZANINE LOAN AND SECURITY AGREEMENTMezzanine Loan and Security Agreement • July 8th, 2022 • Offerpad Solutions Inc. • Real estate agents & managers (for others) • New York
THIS AMENDMENT NO. 1 TO SECOND AMENDED AND RESTATED MEZZANINE LOAN AND SECURITY AGREEMENT (this “Amendment”), dated as of July 7, 2022, is by and among OP SPE Borrower Parent, LLC, a Delaware limited liability company (“Parent Borrower”), OP SPE PHX1, LLC, a Delaware limited liability company (“OP SPE PHX1”), OP SPE TPA1, LLC, a Delaware limited liability company (“OP SPE TPA1”, and together with Parent Borrower and OP SPE PHX1, each, a “Borrower” and, collectively, the “Borrowers”), and LL Private Lending Fund II, L.P., a Delaware limited partnership, as lender (the “Lender”). Capitalized terms used herein and not otherwise defined herein shall have the meaning given to such terms in the Loan Agreement (defined below).
