THIRD AMENDED AND RESTATED MEZZANINE LOAN AND SECURITY AGREEMENT AMONG OP SPE BORROWER PARENT, LLC, as Parent Borrower, OP SPE PHX1, LLC, as a Borrower, OP SPE TPA1, LLC, as a Borrower, and as the Lender Dated as of November 6, 2023Mezzanine Loan and Security Agreement • November 9th, 2023 • Offerpad Solutions Inc. • Real estate agents & managers (for others) • New York
This Third Amended and Restated Mezzanine Loan and Security Agreement, dated as of November 6, 2023, is by and among OP SPE Borrower Parent, LLC, a Delaware limited liability company (“Parent Borrower”), and OP SPE PHX1, LLC, a Delaware limited liability company, and OP SPE TPA1, LLC, a Delaware limited liability company (each, a “Borrower” and, collectively with Parent Borrower, the “Borrowers”), on the one hand, and LL Private Lending Fund II, L.P., a Delaware limited partnership, as lender (the “Lender”), on the other hand.
EIGHTH AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT by and among OFFERPAD (SPVBORROWER1), LLC, as Borrower, LL PRIVATE LENDING FUND, L.P., as Senior Lender, LL PRIVATE LENDING FUND II, L.P. as Mezz Lender, and LL FUNDS, LLC, as Collateral Agent...Loan and Security Agreement • November 9th, 2023 • Offerpad Solutions Inc. • Real estate agents & managers (for others) • Pennsylvania
This EIGHTH AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT (as may be amended, restated, supplemented or otherwise modified from time to time, this “Agreement”) is made and entered into as of November 6, 2023, by and among (a) OFFERPAD (SPVBORROWER1), LLC (“Borrower”), as Borrower, (b) LL PRIVATE LENDING FUND, L.P. (“Senior Lender”), as lender under the Revolving Senior Loan, (c) LL PRIVATE LENDING FUND II, L.P. (“Mezz Lender”), as lender under the Revolving Mezz Loan, and (d) LL FUNDS, LLC, as collateral agent for Lenders (the “Collateral Agent”).
