Agreement Re Carve Out of Funds Under $19,500,000 Line of Credit Sample Contracts

WEBSTER BANK, NA CITYPLACE II

Agreement Re Carve Out of Funds Under $19,500,000 Line of Credit • July 6th, 2020 • Griffin Industrial Realty, Inc. • Real estate

• Contract Type
  Agreement Re Carve Out of Funds Under $19,500,000 Line of Credit
• Filed
  July 6th, 2020
• Company
  Griffin Industrial Realty, Inc.
• Industry
  Real estate

We are writing to confirm the agreement reached by us in connection with a loan in the amount of $5,100,000 (the “Maggie Boulevard Loan”) being made by Webster Bank, N.A. (the “Bank”) to Riverbend Orlando Holdings III, LLC which is secured by property known as 3320 Maggie Boulevard, Orlando, Orange County, Florida (the “Mortgaged Premises”).