SEC Contract Filing

Filing Date: 2020-03-09

Document Content:
<DOCUMENT>
<TYPE>EX-10.21
<SEQUENCE>6
<FILENAME>ex1021firstamendment8400.htm
<DESCRIPTION>EXHIBIT 10.21
<TEXT>
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<div><a name="s4ad4908704a448e58feb94cdbb53f3ed"></a></div><div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:120%;padding-bottom:10px;text-align:center;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;font-weight:bold;">FIRST AMENDMENT TO LEASE</font></div><div style="line-height:120%;padding-bottom:10px;text-align:justify;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">THIS FIRST AMENDMENT TO LEASE ("Amendment") is entered into on September 8, 2017 by and between MCIB Partners, a Kansas General Partnership ("Landlord&#8221;) and CURO Management, LLC, f/k/a Tiger Financial Management LLC, a Nevada Limited Liability Company ("Tenant"), and amends the lease between the parties dated July 26, 2012 ("Lease") for the property commonly known as 8400 E. 32nd Street, Wichita, KS 67226.</font></div><div style="line-height:120%;padding-bottom:10px;text-align:justify;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">NOW THEREFORE, in consideration of the mutual covenants contained herein, and other good and valuable consideration the receipt and adequacy of which is hereby acknowledged, the parties hereto agree to amend the Lease as follows:</font></div><div style="line-height:120%;padding-bottom:10px;text-align:justify;text-indent:48px;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">A.&#160;&#160;&#160;&#160;</font><font style="font-family:Arial;font-size:9pt;text-decoration:underline;">Tenant Name</font><font style="font-family:Arial;font-size:9pt;">: The parties hereby acknowledge that the Tenant entity name has changed to CURO Management, LLC.</font></div><div style="line-height:120%;padding-bottom:10px;text-align:justify;text-indent:48px;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">B.&#160;&#160;&#160;&#160;</font><font style="font-family:Arial;font-size:9pt;text-decoration:underline;">Guarantor Name</font><font style="font-family:Arial;font-size:9pt;">: The parties hereby acknowledge that the name of the Guarantor of the Lease has changed to CURO Intermediate Holdings Corp.</font></div><div style="line-height:120%;padding-bottom:10px;text-align:justify;text-indent:48px;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">C.&#160;&#160;&#160;&#160;</font><font style="font-family:Arial;font-size:9pt;text-decoration:underline;">Additional Options to Extend</font><font style="font-family:Arial;font-size:9pt;">: Tenant shall have one (1) additional option ("Third Option") of five (5) years to extend the term of the Lease pursuant to the terms of Section 29 of the Lease. The remaining options shall be:</font></div><div style="line-height:120%;padding-bottom:10px;text-align:justify;padding-left:96px;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">Option 2: October 1, 2022 to September 30, 2027 </font></div><div style="line-height:120%;padding-bottom:10px;text-align:justify;padding-left:96px;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">Option 3: October 1, 2027 to September 30, 2032</font></div><div style="line-height:120%;padding-bottom:10px;text-align:justify;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">The Annual Fixed Rent for the Third Option shall be at the then-current market rate for similar space in the Wichita, Kansas market, but will not be less than the amount of Annual Fixed Rent payable in the Second Option term.</font></div><div style="line-height:120%;padding-bottom:10px;text-align:justify;text-indent:48px;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">D.&#160;&#160;&#160;&#160;</font><font style="font-family:Arial;font-size:9pt;text-decoration:underline;">Modification of Section 2.3.3, Common Area Maintenance</font><font style="font-family:Arial;font-size:9pt;">: The following is added to Section 2.3.3 as an additional paragraph immediately following the first paragraph:</font></div><div style="line-height:120%;padding-bottom:10px;text-align:justify;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">"Landlord shall be responsible for maintaining the Common Areas in a first class manner, and shall complete any necessary repairs and maintenance in a timely fashion. In the event that Landlord fails to make any necessary repairs or complete any necessary maintenance within thirty (30) days after receipt of written notification from Tenant of the need for such repairs or maintenance, or, in the event a repair or maintenance cannot reasonably be completed within thirty (30) days, fails to initiate such repair or maintenance within thirty (30) days and diligently pursue such repair or maintenance to completion, then Tenant may, upon five (5) additional business days' notice to Landlord, in which such failure is not cured, complete such repairs or maintenance and present the invoice or invoices for such work to Landlord for payment. In the event that Landlord fails to pay such invoices when due, then Tenant shall have the right to pay such invoices and deduct the cost of same from future rent payments."</font></div><div style="line-height:120%;padding-bottom:10px;text-align:justify;text-indent:48px;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">E.&#160;&#160;&#160;&#160;</font><font style="font-family:Arial;font-size:9pt;text-decoration:underline;">Modification of Section 4.1 of the Lease, Use</font><font style="font-family:Arial;font-size:9pt;">: The following language shall be added to the end of single sentenc