Specifications include, but are not limited to: DDTL Summary: • Aggregate commitment: $75,000,000 • Availability period: 2 years • Rate: Variable or fixed, with preference for fixed rate option; swap considered if economic analysis included • Security: Certain real estate assets, if necessary • Repayment: Interest-only semiannually (each June 1 and December 1) during availability period; amortization semiannually (each June 1 and December 1) over a period of 20 or 30 years thereafter; prepayable at any time without premium if at floating rate • Reduction or Termination: Reduction or termination of commitments at ANTHC’s option at any time and from time to time • Maturity: 10 to 30 years after end of availability period • Max Draws/Min Amount: Not more than one per calendar month; not less than $1 million each • Other term loan approaches will be considered in lieu of draw down, but must be specific in the terms, conditions, and clear to management.
