Incremental Commitment Joinder Sample Contracts
INCREMENTAL COMMITMENT JOINDER NO. 1Incremental Commitment Joinder • February 10th, 2025 • Ladder Capital Corp • Real estate investment trusts • New York
This INCREMENTAL COMMITMENT JOINDER NO. 1 (this “Agreement”), dated as of January 2, 2025, and effective as of the Effective Date (as hereinafter defined), is made and entered into by and among LADDER CAPITAL FINANCE HOLDINGS LLLP, a Delaware limited liability limited partnership (“Parent”), LADDER CORPORATE REVOLVER I LLC, a Delaware limited liability company (“Ladder Corporate Revolver”), LADDER CAPITAL FINANCE CORPORATION, a Delaware corporation (“LCFC” and, together with Parent and Ladder Corporate Revolver, “Borrowers” and each, individually, a “Borrower”), the GUARANTORS (as defined in the Credit Agreement referred to below) party hereto (solely with respect to Section 5.1 herein), each of the undersigned Lenders providing First Incremental Amendment Revolving Commitments (as defined below) (each, an “Additional Lender” and collectively, the “Additional Lenders”), the ISSUING BANKS (as defined in the Credit Agreement referred to below) party hereto and JPMORGAN CHASE BANK, N.A. (