2007 Real Estate Securitization Transaction

2007 Real Estate Securitization Transaction. Means the following transactions collectively: (a) the Borrower transferring fee title to the Papillion Real Estate to the Papillion SPE and fee title to the Ralston Real Estate to the Ralston SPE; (b) the Borrower leasing the Papillion Real Estate from the Papillion SPE and leasing the Ralston Real Estate from the Ralston SPE; (c) the Papillion SPE borrowing approximately $21.5 million in the aggregate secured by first Liens on the Papillion Real Estate and... lease and paying the proceeds thereof to the Borrower; (d) the Ralston SPE borrowing approximately $22 million in the aggregate secured by first Liens on the Ralston Real Estate and lease and paying the proceeds thereof to the Borrower; (e) the Borrower using such proceeds to retire approximately $12.2 million of Indebtedness owed to First National Bank of Omaha, to pay related transaction costs and expenses and to pay Revolving Loans. View More