SEASIDE NATIONAL BANK & TRUST AMENDED AND RESTATED UNCONDITIONAL GUARANTYCNL Strategic Capital, LLC • July 17th, 2020 • Miscellaneous manufacturing industries
LENDER: UNITED COMMUNITY BANK D/B/A SEASIDE BANK AND TRUST (hereinafter termed “Lender”) 201 South Orange Avenue, Suite 1350 Orlando, Florida 32801
AMENDED AND RESTATED PROMISSORY NOTECNL Strategic Capital, LLC • July 17th, 2020 • Miscellaneous manufacturing industries
FOR VALUE RECEIVED, the undersigned, CNL STRATEGIC CAPITAL B, INC., a Delaware corporation (“Borrower”), having its office at 450 South Orange Avenue, Suite 1400, Orlando, Florida 32801promise to pay to the order of UNITED COMMUNITY BANK DBA SEASIDE BANK AND TRUST (“Lender”), having its office at 201 South Orange Avenue, Suite 1350, Orlando, Florida 32801, the principal sum of TWENTY MILLION AND NO/100 DOLLARS ($20,000,000.00) (the “Principal Sum”) or so much thereof as may be advanced hereunder, together with interest on the principal balance from time to time remaining unpaid from the date of each advance at the applicable interest rate hereinafter set forth, in lawful money of the United States of America which shall be legal tender in payment of all debts at the time of payment; said principal and interest to be paid over a term, at the times, and in the manner following, to wit:
AMENDED AND RESTATED LOAN AGREEMENTLoan Agreement • July 17th, 2020 • CNL Strategic Capital, LLC • Miscellaneous manufacturing industries
THIS AMENDED AND RESTATED LOAN AGREEMENT (this “Agreement”) is made as of July 15, 2020 by and between CNL STRATEGIC CAPITAL B, INC., a Delaware corporation having an address of 450 South Orange Avenue, Suite 1400, Orlando, Florida 32801 (“Borrower”) and UNITED COMMUNITY BANK DBA SEASIDE BANK AND TRUST, whose address is 201 South Orange Avenue, Suite 1350, Orlando, FL 32801 (the “Lender”).
PLEDGE AND SECURITY AGREEMENTPledge and Security Agreement • July 17th, 2020 • CNL Strategic Capital, LLC • Miscellaneous manufacturing industries
THIS PLEDGE AND SECURITY AGREEMENT (this “Agreement”) is made and entered into as of the 15th day of July, 2020, by and between CNL STRATEGIC CAPITAL, LLC, a Delaware limited liability company whose address is 450 South Orange Avenue, Suite 1400, Orlando, Florida 32801 (“Pledgor”), and UNITED COMMUNITY BANK DBA SEASIDE BANK AND TRUST, whose address is 201 South Orange Avenue, Suite 1350, Orlando, FL 32801 (“Secured Party”);
