0001437749-24-002892 Sample Contracts

SEVENTH AMENDMENT AGREEMENT
General Credit and Security Agreement • February 2nd, 2024 • Canterbury Park Holding Corp • Services-racing, including track operation • Minnesota

THIS SEVENTH AMENDMENT AGREEMENT (this “Amendment”) is made effective as of the 31 day of January, 2024, by and among CANTERBURY PARK ENTERTAINMENT LLC, a Minnesota limited liability company (the “Borrower”), CANTERBURY PARK HOLDING CORPORATION, a Minnesota corporation (the “Guarantor”), CANTERBURY PARK CONCESSIONS, INC., a Minnesota corporation (“Canterbury Concessions”), and BREMER BANK, NATIONAL ASSOCIATION, a national banking association (the “Lender”).

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NEGATIVE PLEDGE AGREEMENT
Negative Pledge Agreement • February 2nd, 2024 • Canterbury Park Holding Corp • Services-racing, including track operation

THIS NEGATIVE PLEDGE AGREEMENT (this “Agreement”), is made effective as of January 31, 2024, by CANTERBURY PARK ENTERTAINMENT LLC, a Minnesota limited liability company (the “Owner”), in favor of BREMER BANK, NATIONAL ASSOCIATION, a national banking association, its successors and/or assigns (the “Lender”).

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