SUBORDINATED SECOND ASSIGNMENT OF LEASES AND RENTSAmerican Superconductor Corp /De/ • April 3rd, 2018 • Motors & generators
THIS SUBORDINATED ASSIGNMENT OF LEASES AND RENTS (this “Assignment”) is dated as of the 28th day of March, 2018 and is made by JACKSON 64 MGI, LLC, a Delaware limited liability company, to ASC DEVENS, LLC, a Delaware limited liability company.
This Note is subject to an Intercreditor, Subordination and Standstill Agreement of even date herewith between Lender and the East Boston Savings Bank. Any assignment, transfer or conveyance of this Note shall be subject to the aforesaid...American Superconductor Corp /De/ • April 3rd, 2018 • Motors & generators • Massachusetts
This Subordinated Secured Commercial Promissory Note (“Note”) is issued pursuant to that certain Purchase and Sale Agreement between the Borrower and the Lender dated as of February 1, 2018, as it may be amended, modified and/or restated from time to time by mutual written agreement of Lender and Borrower (the “Agreement”), all of the terms and conditions of which are incorporated herein by reference. Capitalized terms used herein and not defined herein have the meanings ascribed to them in the Agreement.
Property Address: 64 Jackson Road, Devens, MassachusettsAmerican Superconductor Corp /De/ • April 3rd, 2018 • Motors & generators • Massachusetts
This Subordinated Second Mortgage is subject to an Intercreditor, Subordination and Standstill Agreement of even date herewith between Mortgagee and the East Boston Savings Bank. Any assignment, transfer or conveyance of this Subordinated Second Mortgage shall be subject to the aforesaid Intercreditor, Subordination and Standstill Agreement referenced above.
INTERCREDITOR, SUBORDINATION AND STANDSTILL AGREEMENTIntercreditor, Subordination and Standstill Agreement • April 3rd, 2018 • American Superconductor Corp /De/ • Motors & generators • Massachusetts
Intercreditor, Subordination and Standstill Agreement made as of the 28th day of March, 2018 by and between EAST BOSTON SAVINGS BANK (hereafter “Senior Lender”) with a principal place of business at 67 Prospect Street, Peabody, Massachusetts 01960 and ASC DEVENS LLC, a Delaware limited liability company (hereafter the “Junior Lender”) with a place of business at 114 East Main Street, Ayer, Massachusetts 01432.
ASSIGNMENT OF PURCHASE AND SALE AGREEMENTAssignment of Purchase and Sale Agreement • April 3rd, 2018 • American Superconductor Corp /De/ • Motors & generators • Massachusetts
THIS ASSIGNMENT OF PURCHASE AND SALE AGREEMENT (“Assignment”), is made as of this 26th day of March, 2018, by and between ASC DEVENS LLC, a Delaware limited liability company (“Seller”), 64 JACKSON, LLC, a Massachusetts limited liability company (“Purchaser”), and JACKSON 64 MGI, LLC, a Delaware limited liability company (“Assignee”) (Seller, Purchaser and Assignee are sometimes referred herein, collectively, as the “Parties”). All initially capitalized terms used herein which are not otherwise defined herein shall have the meanings ascribed to them in the Purchase Agreement (as such term is defined below).
