EX-10.1
from 8-K
3 pages
We Refer to That Certain Promissory Note Governing the Captioned Facility Made by CNL Strategic Capital B, Inc., a Delaware Corporation ([Individually and Collectively, as the Context Requires, but in Each Case Jointly and Severally,] “Borrower” or “You”) and Valley National Bank (“Lender”, “We” or “US”) Dated February 15, 2024 (As Amended, Restated, Amended and Restated, Supplemented or Otherwise Modified From Time to Time, the “Note”), Together With Any and All Loan Agreements, Guaranties, Security Agreements, Mortgages, Deed of Trust, Instruments and Other Documents Executed in Connection With or Relating to the Facility or Any Collateral Therefor (As Each May Have Been Amended, Restated, Amended and Restated, Supplemented or Otherwise Modified From Time to Time, Together With the Note, Collectively, the “Loan Documents”). You Have Requested, and Lender Has Agreed, to Extend the Maturity Date of the Facility on the Terms and Conditions Set Forth Herein. Now, Therefore, the Parties Hereto Agree as Follows: Section 1. Amendments. the Current Maturity Date of the Facility of February 15, 2026 Is Hereby Extended Until May 15, 2026 (The “New Maturity Date”). the Note and All Other Applicable Loan Documents Shall Be Deemed Amended, Without Further Action, to Reflect Such New Maturity Date. Section 2. Acknowledgements
12/34/56
