LOAN AGREEMENT by and between ARCIMOTO PROPERTY HOLDING COMPANY, LLC, as Borrower AND HRE FUV LENDING, LLC, as Lender For a Loan in the maximum amount of: $6,000,000.00 Pertaining to real property located in Lane County, Oregon as more fully described...Loan Agreement • February 22nd, 2023 • Arcimoto Inc • Motorcycles, bicycles & parts • New York
The Loan is to be evidenced by a Promissory Note Secured by Deed of Trust in the maximum amount of Six Million and 00/100 Dollars ($6,000,000.00), dated as of the date hereof, executed by Borrower in connection with the Loan for the benefit of Lender (as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time, “Note”), and is secured, in part, by a Line of Credit Instrument, Deed of Trust, Assignment of Leases and Rents and Security Agreement (Including Fixture Filing), dated as of the date hereof, executed by Borrower in connection with the Loan for the benefit of Lender (as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time, “Deed of Trust”).
SOLE MEMBER GUARANTYSole Member Guaranty • February 22nd, 2023 • Arcimoto Inc • Motorcycles, bicycles & parts • New York
THIS SOLE MEMBER GUARANTY (as the same may be amended, restated, replaced, supplemented, or otherwise modified from time to time, this “Guaranty”) is made and entered into as of February 17, 2023, by APHC HOLDINGS, LLC, a Delaware limited liability company (“Guarantor”), in favor of and for the benefit of HRE FUV LENDING, LLC, a Delaware limited liability company (together with its successors and assigns, “Lender”).
LIMITED RECOURSE CARVE-OUT GUARANTYArcimoto Inc • February 22nd, 2023 • Motorcycles, bicycles & parts • New York
This LIMITED RECOURSE CARVE-OUT GUARANTY (“Agreement” or “Guaranty”), is entered into as of February 17, 2023, by ARCIMOTO, INC., an Oregon corporation (“Guarantor”), in favor of HRE FUV LENDING, LLC, a Delaware limited liability company (together with its successors and assigns, “Lender”).
