SEVENTH AMENDMENT AGREEMENTSeventh Amendment Agreement • February 2nd, 2024 • Canterbury Park Holding Corp • Services-racing, including track operation • Minnesota
THIS SEVENTH AMENDMENT AGREEMENT (this “Amendment”) is made effective as of the 31 day of January, 2024, by and among CANTERBURY PARK ENTERTAINMENT LLC, a Minnesota limited liability company (the “Borrower”), CANTERBURY PARK HOLDING CORPORATION, a Minnesota corporation (the “Guarantor”), CANTERBURY PARK CONCESSIONS, INC., a Minnesota corporation (“Canterbury Concessions”), and BREMER BANK, NATIONAL ASSOCIATION, a national banking association (the “Lender”).
NEGATIVE PLEDGE AGREEMENTNegative Pledge Agreement • February 2nd, 2024 • Canterbury Park Holding Corp • Services-racing, including track operation
THIS NEGATIVE PLEDGE AGREEMENT (this “Agreement”), is made effective as of January 31, 2024, by CANTERBURY PARK ENTERTAINMENT LLC, a Minnesota limited liability company (the “Owner”), in favor of BREMER BANK, NATIONAL ASSOCIATION, a national banking association, its successors and/or assigns (the “Lender”).
