SECURED PROMISSORY NOTESecured Promissory Note • January 27th, 2021 • MCI Income Fund V, LLC • Real estate • Texas
FOR VALUE RECEIVED, ___________________________, a _____________________ (“Borrower”), hereby unconditionally promises to pay to the order of MCI INCOME FUND V, LLC, a Delaware limited liability company (the “Lender”), as hereinafter provided, the original principal sum of ____________________ and 00/100 Dollars ($________.00), or so much thereof as may be advanced by Lender from time to time hereunder to or for the benefit or account of Borrower, subject to the Modification Threshold described herein, and together with interest thereon at the rate of interest hereinafter provided, without right of offset in favor of Borrower and otherwise in strict accordance with the terms and provisions hereof.
LIMITED LIABILITY COMPANY AGREEMENT OFLimited Liability Company Agreement • January 27th, 2021 • MCI Income Fund V, LLC • Real estate • Delaware
THIS LIMITED LIABILITY COMPANY AGREEMENT (the “Agreement”) is effective as of April 1, 2019 (the “Effective Date”), between and among Megatel Capital Investment, LLC, a Delaware limited liability company (the “Manager”) and MCI Holdings, LLC, a Delaware limited liability company (the “Initial Member”), on the terms and conditions below. All capitalized terms not otherwise defined herein shall have the meaning set forth for such terms in Appendix I.
MASTER CREDIT FACILITYMaster Credit Facility • January 27th, 2021 • MCI Income Fund V, LLC • Real estate • Texas
This MASTER CREDIT FACILITY (this “Agreement”) is made as of the __ day of ______, 2021, between Megatel Homes, LLC, a Texas limited liability company; Megatel Holdings, LLC, a Texas limited liability company; and Megatel Homes III, LLC, a Texas limited liability company; including any wholly-owned subsidiaries of such entities and affiliates that may now or hereafter be joined thereunder pursuant to a joinder agreement (collectively, and any of which may be referred to herein as, “Megatel”), with its principal office located at 2101 Cedar Springs Road, Suite 700, Dallas, TX 75201 and MCI Income Fund V, LLC, a Delaware limited liability company with the same principal office location (the “Company”). Capitalized terms used herein and not otherwise defined shall have the meaning set forth in the Limited Liability Company Agreement of the Company (as the same may be amended from time to time, the “Company Agreement”).
MANAGING BROKER DEALER AGREEMENTManaging Broker Dealer Agreement • January 27th, 2021 • MCI Income Fund V, LLC • Real estate • Florida
As of [DATE] (the “Effective Date”), this MANAGING BROKER DEALER AGREEMENT (the “Agreement”) is made by and between MCI INCOME FUND V, LLC, a Delaware limited liability company (the “Company”), and INTERNATIONAL ASSETS ADVISORY, LLC, a Florida limited liability company (the “Managing Broker Dealer”), in connection with the offering and sale by the Company of preferred limited liability company interests in the Company (“Securities”) in the Company (“the “Offering”). The Securities will be offered during a period commencing and ending on such dates as set forth in the Offering Statement and Offering Circular (the “Offering Period”) for the Offering that shall be prepared by the Company, as either may be supplemented and amended (together with all exhibits or schedules thereto, the “Offering Document”). Capitalized terms used but not defined herein shall have the meanings ascribed to them in the Offering Document.
AMENDED AND RESTATED INVESTMENT OPPORTUNITY ALLOCATION AGREEMENTInvestment Opportunity Allocation Agreement • January 27th, 2021 • MCI Income Fund V, LLC • Real estate • Texas
This AMENDED AND RESTATED INVESTMENT OPPORTUNITY ALLOCATION AGREEMENT (this “Agreement”) is entered into and effective as of [______] 2021, by and between MCI Secured Income Fund, LLC., a Delaware limited liability company (“MCI SIF”), MCI Preferred Equity Fund, LLC, a Delaware liability company (“MCI PEF”), MCI Preferred Income Fund II, LLC (“MCI PIF II”), MCI Preferred Income Fund IV, LLC, a Delaware limited liability company (“MCI PIF IV”), and MCI Income Fund V, LLC (“MCI INC V”, and together with MCI SIF, MCI PEF, MCI PIF II, and MCI PIF IV, the “MCI Funds”).
SOLICITING DEALER AGREEMENT FORSoliciting Dealer Agreement • January 27th, 2021 • MCI Income Fund V, LLC • Real estate • Florida
The undersigned, International Assets Advisory, LLC a Florida limited liability company (the “Managing Broker Dealer”), has entered into an agreement (the “Managing Broker Dealer Agreement”) with MCI Income Fund V, LLC, a Delaware limited liability company (the “Company”), in connection with the offering and sale by the Company of Securities in the Company (“the “Offering”) pursuant to which the Managing Broker Dealer has agreed to use its best efforts to form and manage, as the Managing Broker Dealer, a group of securities dealers (the “Dealers”) for the purpose of soliciting offers for the purchase of the Securities. A copy of the Managing Broker Dealer Agreement is attached as Exhibit A. The terms of the Offering are set forth in the Offering Statement and Offering Circular, as may be supplemented or amended from time to time (collectively the “Offering Documents”). The Securities will be offered during a period commencing on the effective date of the Offering Documents and continui
