loan agreement

In conjunction with our client’s pooled loan program, Ferriter Scobbo prepared the necessary documents to complete the advance of the first loan to a member.  In addition to preparing the Loan Agreement and Note, Ferriter Scobbo drafted the documents needed to unwind existing contractual arrangements between the member and another enitiy.  Ferriter Scobbo prepared numerous documents to terminate existing multi-party arrangements – including leases and sub-leases - in order to ensure that the pooled loan program transaction could be completed free of encumbrances and on a tax exempt basis.

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