Note Purchase
Note Purchase
Note Purchase
2. Closing.
31944\1\00005.AGM/7.13.21
Los Angeles
2
contemplated hereby (the "Closing") shall take place at the
Escrow Agent's offices no later than __________, at 10:00
a.m. Los Angeles time Pacific, unless Lender, Guarantors,
Purchaser and XYZ Co. agree in writing to an extension of
such date.
31944\1\00005.AGM/7.13.21
Los Angeles
3
obligation of Lender.
31944\1\00005.AGM/7.13.21
Los Angeles
4
5.2 Performance. Purchaser will have performed and
complied with all agreements and conditions contained herein
required to be performed or complied with on or before the
Closing.
7. Covenants of Purchaser.
31944\1\00005.AGM/7.13.21
Los Angeles
5
defend and hold Lender, its officers, directors, shareholders,
employees and affiliated entities harmless from and against any
and all claims, losses, damages, liabilities, expenses and costs,
including, without limitation, attorneys' fees and costs,
incurred or suffered by such person or entity in connection with
or as a result of: (i) Purchaser's misrepresentation, breach of
warranty or breach of covenant, agreement or obligation contained
herein or in any other agreement or document contemplated hereby;
and/or (ii) any and all claims made by any third parties with
respect to or in connection with the Borrower Loan Documents or
the Property after the date hereof. The provisions of this
Section shall survive the Closing.
13. Miscellaneous.
31944\1\00005.AGM/7.13.21
Los Angeles
6
this Agreement.
To Lender:
To Purchaser:
31944\1\00005.AGM/7.13.21
Los Angeles
7
13.8 Severability. If any provision hereof is deemed
illegal or unenforceable, that provision shall be severed
from this Agreement and the remainder shall be enforced in
accordance with the intentions of the parties as expressed
in this Agreement.
"LENDER" [Name]
By:
31944\1\00005.AGM/7.13.21
Los Angeles
8
Its:
"PURCHASER" ________________________________________
GUARANTORS ________________________________________
31944\1\00005.AGM/7.13.21
Los Angeles