FIRST AMENDMENT TO CREDIT AND SECURITY AGREEMENTCredit and Security Agreement • November 13th, 2023 • Sachem Capital Corp. • Real estate investment trusts
Contract Type FiledNovember 13th, 2023 Company IndustryThis First Amendment to Loan and Security Agreement (this “Amendment”), dated as of September 8, 2023, is entered into by and among Sachem Capital Corp., a New York corporation (the “Borrower”), each lender from time to time a party hereto (collectively, the “Lenders” and individually a “Lender”) and Needham Bank, a Massachusetts co-operative bank (“Needham”), in its capacity as administrative agent (the “Administrative Agent”), to amend that certain Credit and Security Agreement, dated as of March 2, 2023, among the Borrower, the Lenders and the Administrative Agent (the “Credit Agreement”). Capitalized terms used but not otherwise defined herein shall have the meanings given such terms in the Credit Agreement.