Type of Financing Clause Samples

Type of Financing. Full Faith and Credit Financing Agreement (the “Financing Agreement” or “Loan”) Security/Source of Repayment: Pursuant to ORS 287A.315 the County will pledge its full faith and credit and taxing power within the limitations of Sections 11 and 11b of Article XI of the Oregon Constitution, and any and all of the County’s legally available funds, to pay the amounts due under the Financing Agreement. The Financing Agreement may also be secured by any unspent proceeds of the Financing Agreement. The Financing Agreement will not be secured by a lien on any revenues or other property of the County. The Financing Agreement will not constitute a debt or indebtedness of the State of Oregon, or any political subdivision thereof other than the County. Tax Status: Exempt from Federal Taxes and Exempt from Oregon State Personal Taxes Bank Qualified: This proposal is a non-bank qualified transaction Closing Date: Anticipated to be around September 20, 2022. Financing Term: Ten (10) years. Final Maturity on June 1, 2032. Amortization: Annual principal payments on June 1, beginning on June 1, 2023.

Type of Financing. This is a net equipment financing transaction whereby maintenance, insurance, property taxes, and all items of a similar nature are for the account of the Debtor.

Type of Financing. Senior secured first priority non- recourse construction and term financing (the “Senior Financing”). The Senior Financing shall be the lesser of (i) 60% of the total capital requirements (including contributions in kind made by the Sponsor and approved by the Lenders); or (ii) US$1.25 to US$1.35 per gallon of the total project capacity (the “Project”), as defined further below). The Senior Financing will include availability of working capital financing in an amount to be determined. The total capital requirements (including contributions in kind made by the Sponsor) are currently estimated to be approximately US$372.500.000.00 million. Borrowers: Jointly and severally (a) Northern Ethanol (Barrie) Inc. (“NE Barrie”), a special purpose bankruptcy remote entity that will directly own 100% of a 108 million gallon per year fuel grade undenatured ethanol facility, (b) Northern Ethanol (Sarnia) Inc. (“NE Sarnia”), a special purpose bankruptcy remote entity that will directly own 100% of a 108 million gallon per year fuel grade undenatured ethanol facility, and (c) [HoldCo],a special purpose bankruptcy remote entity that will directly own 100% membership interests in each of NE Barrie and NE Sarnia. [Note: the parties have agreed to review the corporate structure of the Borrowers to determine which structure is most tax advantageous to both the Borrowers and the Senior Lenders; provided, that such corporate structure shall not impact the economic and substantive terms set forth in this Term Sheet and the amount of financing provided will need to be reviewed in light of such structure. Sponsor: Northern Ethanol, Inc., a corporation organized and existing under the laws of Delaware

Type of Financing. The financing of each Investment Programme shall be based on the following principles: 17.1. 1The financing of construction costs and working capital necessary for the implementation of the Investment Programme may be provided by: • Shareholder subscriptions for the share capital of QMM SA; • Shareholder loans to QMM SA; • financing granted by donors composed of limited recourse funding loans to QMM SA; • all other appropriate financing sources. 17.1. 2All funding made available to QMM SA shall be in Dollars or other freely convertible foreign currency. However, the State’s contribution to the share capital of QMM SA may, after the approval of the Initial Investment Programme, be made in local currency (FMG) at the exchange rate prevailing at the date of such equity investment, to the extent that QMM SA has requirements for local currency. 17.1. 3Other than properly justified exceptions and only to the extent strictly necessary, the obligations of Shareholders to lenders shall be limited to guarantees which shall expire at the latest, at the Completion Date of the Initial Investment Programme. 17.1. 4Loans shall only be secured by QMM SA’s property, rights, titles and other interests and, if necessary, by the pledge of the Shareholders' shares in QMM SA. 17.1. 5As a result and subject to exception, the lenders shall thereafter only have recourse to QMM SA's income for repayment of their loans.

Type of Financing. Buyer and Seller agree that Buyer shall pursue the following financing: ☐ Conventional Financing. ☐ First priority (senior) mortgage, deed of trust, or deed to secure debt (as the case may be, “Mortgage”), in the approximate original principal amount of $ . ☐ Second (subordinate) Mortgage in the approximate principal amount of $ . ☐ USDA Guaranteed Mortgage, in the approximate amount of $ . ☐ Reverse Mortgage Financing, in the approximate amount of $ . ☐ FHA Insured Financing, in the approximate amount of $ . ☐ VA Guaranteed Financing, in the approximate amount of $ . ☐ Other. Describe: .

Type of Financing. The ballpark was primarily privately financed—$90.1 million came from the Cardinals, $9.2 million in interest earned on the construction fund, and $200.5 million in bonds to be paid over a 22-year period ($15.9 million per year) by the team. Public financing came from St. Louis County contributing $45 million through a long-term loan. Appendix 1, Sports Facility Reports, Vol. 12, available at ▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇▇.▇▇▇/assets/sports-law/pdf/sportsfacility-reports/v12- mlb-2011.pdf.

Type of Financing. Buyer and Seller agree that Buyer shall pursue the following financing: Conventional Financing. First priority (senior) mortgage, deed of trust, or deed to secure debt (as the case may be, “Mortgage”), in the approximate original principal amount of $ . Second (subordinate) Mortgage in the approximate principal amount of $ . USDA Guaranteed Mortgage, in the approximate amount of $ . Reverse Mortgage Financing, in the approximate amount of $ . FHA Insured Financing, in the approximate amount of $ . VA Guaranteed Financing, in the approximate amount of $ .