FIRST AMENDMENT TO LOAN AND SECURITY AGREEMENT AND SIDE LETTERLoan and Security Agreement • December 6th, 2024 • Offerpad Solutions Inc. • Real estate agents & managers (for others) • New York
This is a LOAN AND SECURITY AGREEMENT, dated as of October 16, 2023, among OFFERPAD SPE BORROWER A, LLC, a Delaware limited liability company, as borrower (the “Initial Borrower”) and each other Delaware limited liability company that may be subsequently added as a borrower to this Agreement under a Joinder Agreement (together with the Initial Borrower, individually, each a “Borrower” and collectively “Borrowers”), OFFERPAD SPE BORROWER A, LLC as borrower representative (“Borrower Representative”), JPMORGAN CHASE BANK, N.A., as initial lender (the “Initial Lender”) and any of its successors and assigns, and the other persons from time to time party hereto as lenders, together with their successors and assigns (each, a “Lender” and collectively, “Lenders”), JPMORGAN CHASE BANK, N.A., in its capacity as administrative agent acting for and on behalf of Lenders (in such capacity, the “Administrative Agent”) and COMPUTERSHARE TRUST COMPANY, N.A. as paying agent (in such capacity, “Paying Ag
