Extract to table
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Extract to table / assignment-of-contracts-collateral.docx
assignment-of-contracts-collateral.docx
Parties
Harkness LLP
STONEBRIDGE CAMPUS HOLDINGS LLC
Ironhaven Data Centers LLC
Cascade Commercial Lending Corp
Insurance Corp
Calloway LLP
Dates
October 20, 2025
Amounts
$180,000,000
$130,000,000
$80,000,000
$390,000,000
$600,000,000
$412,000,000
$18,500,000
$125,000
$10,300,000
$103,000,000
Obligations
Pursuant to the Loan Agreement, the Borrower is required to execute and deliver this Assignment as a condition precedent to the initial advance under the Loan
1 — Defined Terms As used in this Assignment, the following terms shall have the meanings set forth below: "Administrative Agent" means Summit National Bank, N
2 — Rules of Construction Capitalized terms used but not defined in this Assignment shall have the respective meanings given to such terms in the Loan Agreement
This Assignment shall be governed by and construed in accordance with the laws of the Commonwealth of Virginia, as provided in Section 8
The Borrower shall exercise such rights in a prudent manner consistent with its obligations under the Loan Documents
No interest of the Administrative Agent hereunder shall be subordinate to any other lien, encumbrance, or security interest, and the Borrower shall take no action that would impair the first-priority status of the security interest created hereby