LICENSED CANNABIS FACILITY ABSOLUTE NET LEASE AGREEMENT ZP RE HOLDINGS, LLC (Landlord or Lessor) JG IL LLC (Tenant or Lessee) JG HoldCo, LLC (Guarantor) Dated: January 18, 2024 (for reference purposes only)Lease Agreement • January 22nd, 2024 • Zoned Properties, Inc. • Operators of nonresidential buildings
This LEASE AGREEMENT (“Lease” or “Agreement”) dated as of the Effective Date (as hereinafter defined), is made by and between ZP RE HOLDINGS, LLC, an Arizona limited liability company (“Landlord” or “Lessor”), and JG IL LLC, an Illinois limited liability company (“Tenant” or “Lessee”).
TENTH AMENDMENT TO PURCHASE AND SALE AGREEMENTPurchase and Sale Agreement • January 22nd, 2024 • Zoned Properties, Inc. • Operators of nonresidential buildings
Reference is hereby made to that certain Purchase and Sale Agreement dated as of _______________ (as amended and assigned from time to time, the “Purchase Agreement”), by and between ________________ (“Land Trust”), and ________________ (“Beneficiary”, and collectively with the Land Trust, known herein as the “Seller”), and ________________, an Illinois limited liability company (“Purchaser”), for the sale by Seller to Purchaser of that certain real property having an address of ________________, and all such other property being more particularly described in the Purchase Agreement (the “Property”).
ASSIGNMENT AND ASSUMPTION AGREEMENTAssignment and Assumption Agreement • January 22nd, 2024 • Zoned Properties, Inc. • Operators of nonresidential buildings
This Assignment and Assumption Agreement (this “Assignment”) is effective as of _____________________, (the “Assignment Date”) by and between KEYSTONE VENTURES, LLC (“Assignor”), and ZP RE HOLDINGS, LLC (“Assignee”).
SECURITY AGREEMENTSecurity Agreement • January 22nd, 2024 • Zoned Properties, Inc. • Operators of nonresidential buildings • Illinois
This SECURITY AGREEMENT, dated as of January 18, 2024 (as amended, supplemented or otherwise modified from time to time in accordance with the provisions hereof, this “Agreement”), made by and among JG IL LLC, an Illinois limited liability company (the “Grantor”), in favor of ZP RE HOLDINGS, LLC, an Arizona limited liability company, its successors and assignees (the “Secured Party”).
AGREEMENT REGARDING PURCHASE AND SALE CONTRACTAgreement Regarding Purchase and Sale Contract • January 22nd, 2024 • Zoned Properties, Inc. • Operators of nonresidential buildings • Arizona
This Agreement Regarding Purchase and Sale Contract (the “Agreement”) by and between KEYSTONE VENTURES, LLC, an Illinois limited liability company (“Assignor”), and ZP RE HOLDINGS, LLC, an Arizona limited liability company, or its assignee (“Assignee”) is effective as of December 15, 2023 (the “Effective Date”).
GUARANTY OF PAYMENT AND PERFORMANCEGuaranty • January 22nd, 2024 • Zoned Properties, Inc. • Operators of nonresidential buildings
THIS GUARANTY (this “Guaranty”) is made January 18, 2024 by JG HOLDCO LLC, a Delaware limited liability company (herein called “Guarantor”) in favor of ZP RE HOLDINGS, LLC, an Arizona limited liability company, its successors and assignees (herein called “Landlord”).
