Space above this line for recorder’s use only DEED OF TRUST, ASSIGNMENT OF LEASES AND RENTS, SECURITY AGREEMENT, FINANCING STATEMENT AND FIXTURE FILING dated as of May 25, 2017 Cadiz Inc., Cadiz Real Estate LLC, and Octagon Partners, LLC,...Cadiz Inc • May 26th, 2017 • Water supply • California
THIS DEED OF TRUST, ASSIGNMENT OF LEASES AND RENTS, SECURITY AGREEMENT, FINANCING STATEMENT AND FIXTURE FILING (this “Deed of Trust”) is made as of May 25, 2017 (the “Effective Date”), by and among CADIZ INC., a Delaware corporation formerly known as and formerly named Cadiz Land Company, Inc., a Delaware corporation, which (i) took title to the property described as Parcel 21 on Exhibit A hereto as “Pergola Properties” and (ii) was successor by merger to Cadiz Valley Development Corporation, a California Corporation, with an address of 550 South Hope Street, Suite 2850, Los Angeles, California, 90071 (“Cadiz”) and CADIZ REAL ESTATE LLC, a Delaware limited liability company with an address of 550 South Hope Street, Suite 2850, Los Angeles, California, 90071 (“CRE”), and Octagon Partners, LLC, a California limited liability company with an address of 550 South Hope Street, Suite 2850, Los Angeles, California, 90071 (“Octagon”, together with Cadiz and CRE, collectively the “Trustor”), in
SECURITY AGREEMENT made by CADIZ INC. and CADIZ REAL ESTATE LLC, as Loan Parties, in favor of WELLS FARGO BANK, NATIONAL ASSOCIATION, as Agent Dated as of May 25, 2017Security Agreement • May 26th, 2017 • Cadiz Inc • Water supply • New York
SECURITY AGREEMENT, dated as of May 25, 2017, made by Cadiz Inc., a Delaware corporation (“Parent”), and Cadiz Real Estate LLC, a Delaware limited liability company (“CRE”) (together with any other entity that may become a party hereto as provided herein, the “Loan Parties”), in favor of Wells Fargo Bank, National Association, as administrative agent and collateral agent (in such capacity, the “Agent”), on behalf of the Lenders holding Secured Term Loans under the Credit Agreement, dated as of May 1, 2017 (as amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), among Parent and CRE, as borrowers (together, the “Borrower”), the lenders party thereto (the “Lenders”) and the Agent.
AMENDED AND RESTATED PAYOFF AGREEMENT AND STIPULATIONPayoff Agreement and Stipulation • May 26th, 2017 • Cadiz Inc • Water supply • New York
This Amended and Restated Payoff Agreement and Stipulation (this “Agreement”) is entered into as of May 24, 2017, by Cadiz Inc., a Delaware corporation (“Cadiz Inc.”), Cadiz Real Estate LLC, a Delaware limited liability company (collectively with Cadiz Inc., “Cadiz”), MSD Credit Opportunity Master Fund, L.P. (“MSD”), Milfam II L.P. (“Milfam”), WPI-Cadiz Farm CA, LLC (“WPI”; collectively with Milfam and MSD, the “Lenders”) and Wells Fargo Bank, National Association, as administrative agent (the “Agent”). Cadiz, the Lenders, and the Agent may be referred to herein as the Parties, or individually, as a Party.
