SEC Contract Filing

Filing Date: 2018-02-23

Document Content:
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>tv486908_ex10-1.htm
<DESCRIPTION>EXHIBIT 10.1
<TEXT>
<HTML>
<HEAD>
 <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0; text-align: right"><B>Exhibit 10.1</B></P>

<P STYLE="margin: 0; text-align: right">&nbsp;</P>

<P STYLE="margin: 0; text-align: left"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 16pt">MB EQUIPMENT
FINANCE, LLC</FONT></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 2pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">&nbsp;<FONT STYLE="font-size: 12pt"><B>MASTER
LEASE AGREEMENT NO. <U>100521</U></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 17.25pt">THIS MASTER LEASE
AGREEMENT (this &quot;<B>Lease</B>&quot;) is made as of November 23, 2016, between MB EQUIPMENT FINANCE, LLC, its successors and
permitted assigns (&quot;<B>Lessor</B>&quot;), and TOWER AUTOMOTIVE OPERATIONS USA I, LLC and TOWER AUTOMOTIVE HOLDINGS USA, LLC,
(each such entity and its successors and permitted assigns are a Co-Lessee and collectively the &quot;<B>Lessee</B>&quot;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 17.25pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 17.25pt">Lessee desires to
lease from Lessor the equipment and other property (the &quot;<B>Equipment</B>&quot;) described in each Equipment Schedule executed
pursuant to this Lease (each, a &quot;<B>Schedule</B>&quot;) incorporating by reference the terms and conditions of this Lease
(the term &ldquo;<B>Lease</B>&rdquo; shall also include any Riders to this Lease entered into with respect to such Schedule). Certain
definitions and construction of certain of the terms used in this Lease are provided in Section 18 hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 17.25pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">For good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the parties to this Lease agree as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">1.<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><B>AGREEMENT TO LEASE; TERM</B>. This Lease is effective as of the date specified above. By entering into a Schedule, Lessor
leases the Equipment described therein to Lessee, and Lessee leases such Equipment from Lessor, in each case, subject to the terms
and conditions in this Lease and such Schedule and all of the other documents and agreements executed in connection herewith (collectively,
the &ldquo;<B>Lease Documents</B>&rdquo;). Each Schedule, incorporating the terms and conditions of this Lease, will constitute
a separate instrument of lease. The term of lease with respect to each item of Equipment leased under a Schedule shall commence
on the date of execution of such Schedule and continue for the term provided in that Schedule.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>RENT</B>.
Lessee shall pay Lessor (a) the rental installments (&ldquo;<B>Basic Rent</B>&rdquo;) as and when specified in each Schedule, without
demand, and (b) all of the other amounts payable in accordance with this Lease, such Schedule and/or any of the other Lease Documents
(&ldquo;<B>Other Payments</B>&rdquo;, and together with the Basic Rent, collectively, the &quot;<B>Rent</B>&quot;). Upon Lessee&rsquo;s
execution thereof, the related Schedule shall constitute a non-cancelable net lease, and Lessee's obligation to pay Rent, and otherwise
to perform its obligations under or with respect to such Schedule and all of the other Lease Documents, are and shall be absolute
and unconditional and shall not be affected by any circumstances whatsoever, including any right of setoff, counterclaim, recoupment,
deduction, defense or other right which Lessee may have against Lessor, the manufacturer or vendor of the Equipment (the &quot;<B>Suppliers</B>&quot;),
or anyone else, for any reason whatsoever (each, an &ldquo;<B>Abatement</B>&rdquo;). Lessee agrees that all Rent shall be paid
in accordance with Lessor&rsquo;s or Assignee&rsquo;s written direction. Time is of the essence. If any Rent is not paid within
five (5) days of the due date, Lessee shall pay a late charge equal to five (5) percent of the amount in arrears.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>REPRESENTATIONS,
WARRANTIES AND AGREEMENTS OF LESSEE</B>. Lessee represents, warrants and agrees that, as of the effective date of this Lease and
of each Schedule: (a) Lessee has the form of business organization indicated, and is and will remain duly organized a