Date: ___________, 2020 Crescent Securities Group, Inc. Dallas, Texas 75231MBD Agreement • August 13th, 2021 • Red Oak Capital Fund V, LLC • Real estate • Michigan
This letter sets forth the agreement (“Agreement”) among Red Oak Capital Fund V, 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 up to $50,000,000 of Bonds (the “Securities”) to be issued by the Company (the “Offering”).
RED OAK CAPITAL FUND V, LLC SUBSCRIPTION AGREEMENT INSTRUCTION PAGESubscription Agreement Instruction Page • August 13th, 2021 • Red Oak Capital Fund V, LLC • Real estate • Delaware
We, Red Oak Capital Fund V, LLC (“we,” “our,” “us,” or the “Company”), are offering a maximum of $75,000,000 in the aggregate of our 7.50% senior secured bonds (the “A Bonds”), 7.50% senior secured bonds (the “B Bonds”), our 8.00% senior secured bonds (the “A R-Bonds) and 8.00% senior secured bonds (the “B R-Bonds,” and together with the A Bonds, B Bonds and A R-Bonds, the “Bonds”) pursuant to the offering circular (the “Offering Circular”) dated ______, 2021 (the “Offering”). Sales of the A Bonds and A R-Bonds are complete. The purchase price per Bond is $1,000, with a minimum purchase amount of $10,000. B R-Bonds may be purchased solely by subscribers described under “Plan of Distribution – Eligibility to Purchase B R-Bonds” in the Offering Circular.
FIRST AMENDMENT TO PLEDGE AND SECURITY AGREEMENTPledge and Security Agreement • August 13th, 2021 • Red Oak Capital Fund V, LLC • Real estate
THIS FIRST AMENDMENT TO PLEDGE AND SECURITY AGREEMENT (this “First Amendment”) dated as of August 12, 2021 made by Red Oak Capital Fund V, LLC, a Delaware limited liability company (“Pledgor”), and UMB Bank, N.A. (“Trustee”) in its capacity as indenture trustee and collateral agent for the benefit of the holders of Bonds (as defined herein) issued by Pledgor under that certain Indenture, dated July 31, 2020 and as supplemented and modified from time to time (the “Indenture”).
FIRST SUPPLEMENTAL INDENTUREFirst Supplemental Indenture • August 13th, 2021 • Red Oak Capital Fund V, LLC • Real estate
THIS FIRST SUPPLEMENTAL INDENTURE (this “First Supplement”) is effective as of the 12th day of August 2021, by and between Red Oak Capital Fund V, LLC, a Delaware limited liability company (the “Issuer”), and UMB Bank, N.A., a national banking association (the “Trustee”).
