Contract analysis

1. Reference and Purpose Reference is hereby made to the Payoff Letter (the "Payoff Letter") issued by Atlas Meridian Bank, N.A. ("Atlas Meridian"), in its capacity as Administrative Agent and Collateral Agent under the Existing Credit Agreement, in connection with the proposed refinancing by Nexford Industrial Holdings Inc. ("Nexford" or the "Borrower") of its existing first lien credit facilities currently outstand

2. Payoff Amount 2.1 Estimated Payoff Amount Based upon the records of Atlas Meridian as Administrative Agent and subject to final confirmation on the Anticipated Closing Date, the total estimated Payoff Amount required to repay in full all outstanding obligations under the Existing Credit Agreement, calculated as of the Anticipated Closing Date of March 28, 2025, is as follows: Notes Regarding Accrued Fees: Any accr

3. Wire Transfer Instructions 3.1 Primary Wire Instructions — Term Loan Payoff All funds constituting the Payoff Amount shall be remitted by wire transfer of immediately available funds in U.S. dollars to the following account: IMPORTANT: The ABA/Routing Number and Account Number set forth above are placeholders and will be confirmed by Atlas Meridian Loan Operations by separate communication to the designated wire-s

4. Confirmation and Release Mechanics Upon confirmed receipt of the Payoff Amount in full in immediately available funds in accordance with the wire transfer instructions set forth herein, Atlas Meridian Bank, N.A., in its capacities as Administrative Agent and Collateral Agent under the Existing Credit Agreement, shall promptly take the following actions: (a) Written Confirmation of Satisfaction. Atlas Meridian shal

5. Contact Information for Wire Confirmation Upon sending the wire transfer of the Payoff Amount, the remitting party (whether Crescent Harbor Bank, N.A. or Nexford Industrial Holdings Inc., as applicable pursuant to the funds flow memorandum prepared in connection with the refinancing) shall promptly confirm the wire by contacting the following individuals at Atlas Meridian: Primary Contact: Sandra Vickers Managing

6. Good Through Date and Per Diem These wire transfer instructions and the estimated Payoff Amount set forth herein are good through and including March 28, 2025 (the "Good Through Date"). If the Payoff Amount is not received in full in immediately available funds on or before 2:00 p.m. Eastern Time on March 28, 2025, then: (a) the Payoff Amount must be recalculated to include additional per diem interest accruing fr

7. Governing Provisions These wire transfer instructions are provided in connection with and subject to the terms and conditions of the Payoff Letter delivered by Atlas Meridian Bank, N.A. in respect of the Existing Credit Agreement. In the event of any conflict or inconsistency between the terms of this letter and the terms of the Payoff Letter, the terms of the Payoff Letter shall control. This document does not co

8. Authorization Please do not hesitate to contact the undersigned or David Calloway at the contact information set forth in Section 5 above with any questions regarding these wire transfer instructions or the payoff mechanics described herein. Very truly yours, ATLAS MERIDIAN BANK, N.A., as Administrative Agent and Collateral Agent under the Existing Credit Agreement By: ________ Name: Sandra Vickers Title: Managing