Except as set forth in the “Transaction Costs,” “ Deposit,” “Exclusivity,” and “Confidentiality”
sections above, this Summary of Term Sheet is not a commitment and does not create any
obligation on the part of Investor and MCD, nor among any of the parties. No such right or
obligation shall arise until definitive documents, satisfactory to all of the parties, are fully
executed and delivered. This outline is only a brief description of the principal terms of the
suggested facility and is intended for discussion purposes only.
Thank you for giving MCD the opportunity to present these preliminary terms of the tax credit
financing of your project. While these terms are subject to advisory board and credit approval,
we will seek such approval quickly in order to meet your project timeline.
Sincerely,
fe nase LL iedb-2,
Mascoma Community Development, LLC
Upon acceptance, we consider all communications to be confidential except as provided above.
Acceptance will be recognized upon receipt of the deposit and signature by the manager of the
Project Sponsor/Borrower.
Accepted this day of October, 2020
fl
City of Nashua, Ne Ph
By: ZL)
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Title: ;
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LP
MCD/NPAC Term Sheet 8
