SECURITY AGREEMENT dated as of February 5, 2024, 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 • February 6th, 2024 • Velocity Financial, Inc. • Finance services
This SECURITY AGREEMENT is entered into, as of February 5, 2024 (this “Agreement”), by and among VELOCITY FINANCIAL, INC., a Delaware corporation (“Parent”), VELOCITY COMMERCIAL CAPITAL, LLC, a California 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 9.875% Senior Secured Notes due 2029 Fully and unconditionally guaranteed by VELOCITY FINANCIAL, INC. NOTE PURCHASE AGREEMENT February 5, 2024Note Purchase Agreement • February 6th, 2024 • Velocity Financial, Inc. • Finance services • New York
EQUAL PRIORITY INTERCREDITOR AGREEMENT amongEqual Priority Intercreditor Agreement • February 6th, 2024 • Velocity Financial, Inc. • Finance services • New York
EQUAL PRIORITY INTERCREDITOR AGREEMENT, dated as of February 5, 2024 (as amended, restated, amended and restated, supplemented or otherwise modified from time to time, this “Agreement”), among Velocity Commercial Capital, LLC, a California limited liability company (the “Issuer”), Velocity Financial, Inc., a Delaware corporation (the “Parent”), the other Grantors (as defined below) from time to time party hereto, U.S. Bank Trust Company, National Association, as collateral agent for the 2027 Notes Secured Parties (as defined below) (in such capacity and together with its successors in such capacity, the “2027 Notes Collateral Agent”), U.S. Bank Trust Company, National Association, as collateral agent for the 2029 Notes Secured Parties (as defined below) (in such capacity and together with its successors in such capacity, the “2029 Notes Collateral Agent”), and each Additional Agent from time to time party hereto for the Additional Equal Priority Secured Parties of the Series with respe
