SEC Contract Filing

Filing Date: 2021-03-31

Document Content:
<DOCUMENT>
<TYPE>EX-10.23
<SEQUENCE>2
<FILENAME>ewb_hartmanvreitxxi-master.htm
<DESCRIPTION>EX-10.23
<TEXT>
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<title>Document</title></head><body><div id="i5cb6cac4a8b740b0a6072409e73b5cbd_1"></div><div style="min-height:72pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><font><br></font></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><font><br></font></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><font><br></font></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><font><br></font></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><font><br></font></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><font><br></font></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><font><br></font></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:120%">MASTER CREDIT FACILITY AGREEMENT</font></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><font><br></font></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:120%">DATED&#58; March 10, 2020</font></div><div style="height:72pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;7435458 v3 (78055.00044.000)</font></div></div></div><div id="i5cb6cac4a8b740b0a6072409e73b5cbd_4"></div><hr style="page-break-after:always"><div style="min-height:72pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:120%">MASTER CREDIT FACILITY AGREEMENT</font></div><div style="margin-bottom:12pt;text-align:justify;text-indent:36pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:120%">THIS MASTER CREDIT FACILITY AGREEMENT is made and entered into as of March 10, 2020 (the &#34;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:120%;text-decoration:underline">Effective Date</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:120%">&#34;) by East West Bank, a California state-chartered bank having an address at 9090 Katy Freeway, 3</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:7.8pt;font-weight:400;line-height:120%;position:relative;top:-4.2pt;vertical-align:baseline">rd</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:120%"> Floor, Houston, Texas 77024 (&#34;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:120%;text-decoration:underline">Lender</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:120%">&#34;), and Hartman vREIT XXI Operating Partnership L.P., a Texas limited partnership, having an address at 2909 Hillcroft, Suite 420, Houston, Texas 77057 (&#34;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:120%;text-decoration:underline">Hartman Partnership&#34;)</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:120%">, Hartman Timberway II, LLC, a Texas limited liability company, having an address at 2909 Hillcroft, Suite 420, Houston, Texas 77057 (&#34;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:120%;text-decoration:underline">Hartman Timberway</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:120%">&#34;), Hartman Village Pointe, LLC, a Texas limited liability company, having an address at 2909 Hillcroft Street, Suite 420, Houston, Texas 77057 (&#34;Hartman Village Pointe&#34;), Hartman Park Ten Place I &#38; II, LLC, Texas limited liability company, having an address at 2909 Hillcroft, Suite 420, Houston, Texas 77057 (&#34;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:120%;text-decoration:underline">Hartman Park</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:120%">&#34;&#59; and Hartman Park, Hartman Timberway, Hartman Village Pointe and Hartman Partnership are collectively referred to herein as &#34;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:120%;text-decoration:underline">Borrowers</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:120%">&#34; and each sometimes individually referred to as a &#34;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:120%;text-decoration:underline">Borrower</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:120%">&#34;), and Hartman vREIT XXI, Inc.,