FIRST AMENDMENT TO LOAN DOCUMENTSLoan Documents • October 1st, 2015 • Stratus Properties Inc • Land subdividers & developers (no cemeteries) • Texas
THIS FIRST AMENDMENT TO LOAN DOCUMENTS (this “Agreement”) is executed effective as of September 28, 2015 (the “Effective Date”), by and among CJUF II STRATUS BLOCK 21 LLC, a Delaware limited liability company (“Borrower”), STRATUS PROPERTIES INC., a Delaware corporation (“Guarantor”), and BANK OF AMERICA, N.A., a national banking association (“Administrative Agent”), as administrative agent on behalf of and for the benefit of the Lenders, and the Lenders. Capitalized terms used herein, but not otherwise defined herein, shall have the meaning given to such term in the Loan Agreement.
CJUF II STRATUS BLOCK 21 LLC AGREEMENT REGARDING SALE AND PURCHASEAgreement Regarding Sale and Purchase • October 1st, 2015 • Stratus Properties Inc • Land subdividers & developers (no cemeteries) • Delaware
This Agreement Regarding Sale and Purchase (this “Agreement”) is made and entered into effective as of September 28, 2015 (the “Effective Date”) by and among CJUF II BLOCK 21 MEMBER, LLC, a Delaware limited liability company (“Seller”), CANYON-JOHNSON URBAN FUND II, L.P., a Delaware limited partnership (“Canyon-Johnson”), STRATUS BLOCK 21 INVESTMENTS, L.P., a Texas limited partnership (“Purchaser”), STRATUS BLOCK 21 HOLDINGS, INC., a Texas corporation (“Stratus Block 21 Holdings”), STRATUS PROPERTIES INC., a Delaware corporation (“Stratus”), and CJUF II STRATUS BLOCK 21 LLC, a Delaware limited liability company (the “Company”). Seller, Canyon-Johnson, Purchaser, Stratus Block 21 Holdings, Stratus, and the Company are referred to individually as a “Party” and collectively as the “Parties.” Seller and Canyon-Johnson are referred to collectively as the “Seller Parties.” Purchaser, Stratus Block 21 Holdings, Stratus, and the Company are referred to collectively as the “Purchaser Parties.”
