PLEDGE AND SECURITY AGREEMENTPledge and Security Agreement • July 30th, 2019 • Red Oak Capital Fund III, LLC • Real estate • Delaware
This Pledge and Security Agreement (this “Security Agreement”) is entered into as of [____], 2019, by and among Red Oak Capital Fund III, LLC, a Delaware limited liability company (“Grantor”), and UMB Bank, N.A., in its capacity as indenture trustee under the Indenture (as defined below) and collateral agent hereunder (the “Trustee”), for the benefit of the holders of Series A Bonds and Series B Bonds issued by Grantor under the Indenture (as defined in the Indenture).
Date: July 24, 2019 Crescent Securities Group, Inc. Dallas, Texas 75231Managing Broker-Dealer/Underwriter Agreement • July 30th, 2019 • Red Oak Capital Fund III, LLC • Real estate • Michigan
This letter sets forth the agreement (“Agreement”) among Red Oak Capital Fund III, LLC, a Delaware limited liability company (the “Company”) and Crescent Securities Group, Inc., a Texas corporation (“Crescent”), the “Managing Broker-Dealer/Underwriter” or “MBD/U”), regarding the offering and sale by the Company of Securities in the Company (the “Offering”).
LIMITED LIABILITY COMPANY AGREEMENT OF RED OAK CAPITAL FIXED INCOME III, LLCLimited Liability Company Agreement • July 30th, 2019 • Red Oak Capital Fund III, LLC • Real estate • Delaware
This Limited Liability Company Agreement, dated June 12, 2019, of Red Oak Capital Fixed Income III, LLC, a Delaware limited liability company (the “Company”), is entered into by the Company and Red Oak Capital GP, LLC, a Delaware limited liability company, the sole member of the Company (the “Member”).
ESCROW SERVICES AGREEMENTEscrow Services Agreement • July 30th, 2019 • Red Oak Capital Fund III, LLC • Real estate • Michigan
This Escrow Services Agreement (this “Agreement”) is made and entered into as of ________, 2019, by and between UMB Bank, N.A., in its capacity as escrow agent (“UMB”, or “Escrow Agent”), Red Oak Capital Fund III, LLC (“Issuer”), and Crescent Securities Group Inc. (“Broker”).
FIRST AMENDMENT TO LIMITED LIABILITY COMPANY AGREEMENT OF RED OAK CAPITAL FIXED INCOME III, LLCLimited Liability Company Agreement • July 30th, 2019 • Red Oak Capital Fund III, LLC • Real estate • Delaware
THIS FIRST AMENDMENT TO LIMITED LIABILITY COMPANY AGREEMENT (this “First Amendment”) of RED OAK CAPITAL FIXED INCOME III, LLC, a Delaware limited liability company (the “Company”) is made as of July 29, 2019 (“Effective Date”), by Red Oak Capital GP, LLC, a Delaware limited liability company (the “Member”), as the sole member of the Company. Unless otherwise indicated, capitalized words and phrases used in this First Amendment shall have the meanings set forth in the Limited Liability Company Agreement.
RED OAK CAPITAL FUND III, LLC SUBSCRIPTION AGREEMENT INSTRUCTION PAGESubscription Agreement • July 30th, 2019 • Red Oak Capital Fund III, LLC • Real estate • Delaware
We, Red Oak Capital Fund III, LLC (“we,” “our,” “us,” or the “Company”), are offering a minimum of $2,000,000 in the aggregate and a maximum of $50,000,000 in the aggregate of our 6.5% senior secured bonds (the “Series A Bonds”) and our 8.5% senior secured bonds (the “Series B Bonds,” and collectively, the “Bonds”) pursuant to the offering circular (the “Offering Circular”) dated [______], 2019 (the “Offering”). The purchase price per Bond is $1,000, with a minimum purchase amount of $10,000. Sales of Series A Bonds is limited to $15,000,000.
