PURCHASE AND SALE AGREEMENT BY AND AMONG LOGAN RIDGE FINANCE CORPORATION, JMP CAPITAL LLC, JMP GROUP INC., PORTMAN RIDGE FINANCE CORPORATION, MEDALIST PARTNERS HARVEST MASTER FUND, LTD. AND ALTERNATIVE CREDIT INCOME FUND DATED AS OF OCTOBER 22, 2021Purchase and Sale Agreement • October 26th, 2021 • JMP Group LLC • Security brokers, dealers & flotation companies • New York
THIS PURCHASE AND SALE AGREEMENT (this “Agreement”), dated as of October 22, 2021, is made by and among Logan Ridge Finance Corporation, a Maryland corporation (“LRF”), JMP Capital LLC, a Delaware limited liability company (“JMP Capital”), JMP Group Inc., a Delaware corporation (“JMP Group” and, together with JMP Capital, “Sellers”), Portman Ridge Finance, a Delaware corporation (“PTMN”), Medalist Partners Harvest Master Fund, Ltd., a Cayman Islands corporation (“Medalist”) and Alternative Credit Income Fund, a Delaware statutory trust (“ACIF,” and together with LRF and PTMN, the “Buyers”). The parties hereto may be referred to individually herein as a “Party” and collectively as the “Parties”.
