Assignment and Pledge of Tax Increment Financing Sample Contracts

ASSIGNMENT AND PLEDGE OF TAX INCREMENT FINANCING
Assignment and Pledge of Tax Increment Financing • November 28th, 2023

is made as of September 29, 2023, by and between BLACK BEAR MN, LLC, a Delaware limited liability company ("Borrower"), having its principal office at 533 South Third Street, Suite 100, Minneapolis, Minnesota 55415, and ASSOCIATED BANK, NATIONAL ASSOCIATION, a national banking association, as administrative bank ("Administrative Bank") for the benefit of itself and for the ratable benefit of all other "Banks" now or hereafter parties to the Loan Agreement (as hereinafter defined), whose address is 45 South Seventh Street, Suite 2900, Minneapolis, Minnesota 55402.

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