Acknowledgment of Indebtedness. Each Loan Party acknowledges and agrees that, as of February 28, 2020, the Loan Parties are indebted, jointly and severally, # to the Tranche A Term Loan Lenders for the Tranche A Term Loans in an aggregate outstanding principal amount equal to $4,812,500.00 plus accrued and unpaid interest thereon, as provided in the Financing Agreement and the other Loan Documents, # the Tranche B Term Loan Lenders for the Tranche B Term Loans in an aggregate outstanding principal amount equal to $33,687,500.00 plus accrued and unpaid interest thereon, as provided in the Financing Agreement and the other Loan Documents; # the Tranche C Term Loan Lenders for the Tranche C Term Loans in an aggregate outstanding principal amount equal to $773,261.77 plus accrued and unpaid interest thereon, as provided in the Financing Agreement and the other Loan Documents; # the Tranche D Term Loan Lenders for the Tranche D Term Loans in an aggregate outstanding principal amount equal to $4,639,570.56 plus accrued and unpaid interest thereon, as provided in the Financing Agreement and the other Loan Documents and # for accrued and unpaid fees and expenses of Agents and Lenders (and any other amounts due under the Financing Agreement and the other Loan Documents, including but not limited to reasonable fees and disbursements of counsel).

Acknowledgment of Indebtedness. Each Loan Party acknowledges and agrees that, as of February 8, 2021, the Loan Parties are indebted, jointly and severally, # to the Tranche A Term Loan Lenders for the Tranche A Term Loans in an aggregate outstanding principal amount equal to $5,028,141.13 plus accrued and unpaid interest thereon, as provided in the Financing Agreement and the other Loan Documents, $1,238,759.62 of which is payable to Callodine Commercial Finance SPV, LLC (f/k/a Gordon Brothers Finance Company, LLC), $1,301,986.51 of which is payable to Gordon Brothers Brands, LLC and $2,487,395.00 of which is payable 1903 Partners, LLC; # the Tranche B Term Loan Lenders for the Tranche B Term Loans in an aggregate outstanding principal amount equal to $35,196,988.01 plus accrued and unpaid interest 10083707

Acknowledgment of Indebtedness. Each Loan Party acknowledges and agrees that, as of September 1, 2020 (and including the interest accruing from August 1, 2020 through August 31, 2020 which is capitalized and added to the principal amount of the applicable Loans on which such interest accrued in accordance with Section 8(d) hereof), the Loan Parties are indebted, jointly and severally, # to the Tranche A Term Loan Lenders for the Tranche A Term Loans in an aggregate outstanding principal amount equal to $4,855,561.70 plus accrued and unpaid interest thereon, as provided in the Financing Agreement and the other Loan Documents, $1,238,759.62 of which is payable to Gordon Brothers Finance Company, LLC, $1,242,690.27 of which is payable to Gordon Brothers Brands, LLC and $2,374,111.81 of which is payable 1903 Partners, LLC; # the Tranche B Term Loan Lenders for the Tranche B Term Loans in an aggregate outstanding principal amount equal to $33,988,932.00 plus accrued and unpaid interest thereon, as provided in the Financing Agreement and the other Loan Documents, $8,671,317.37 of which is payable to Gordon Brothers Finance Company, LLC, $8,698,831.97 of which is payable to Gordon Brothers Brands, LLC and $16,618,782.66 of which is payable 1903 Partners, LLC; # the Tranche C Term Loan Lenders for the Tranche C Term Loans in an aggregate outstanding principal amount equal to $814,446.54 plus accrued and unpaid interest thereon, as provided in the Financing Agreement and the other Loan Documents; # the Tranche D Term Loan Lenders for the Tranche D Term Loans in an aggregate outstanding principal amount equal to $4,886,679.21 plus accrued and unpaid interest thereon, as provided in the Financing Agreement and the other Loan Documents and # for accrued and unpaid fees and expenses of Agents and Lenders (and any other amounts due under the Financing Agreement and the other Loan Documents, including but not limited to reasonable fees and disbursements of counsel).

Acknowledgment of Indebtedness. Each Loan Party acknowledges and agrees that, as of December 14, 2020, the Loan Parties are indebted, jointly and severally, # to the Tranche A Term Loan Lenders for the Tranche A Term Loans in an aggregate outstanding principal amount equal to $ $4,957,263.88 plus accrued and unpaid interest thereon, as provided in the Financing Agreement and the other Loan Documents, $1,238,759.62 of which is payable to Callodine Commercial Finance SPV, LLC (f/k/a Gordon Brothers Finance Company, LLC), $1,277,633.93 of which is payable to Gordon Brothers Brands, LLC and $2,440,870.33 of which is payable 1903 Partners, LLC; # the Tranche B Term Loan Lenders for the Tranche B Term Loans in an aggregate outstanding principal amount equal to $34,700,847.25 plus accrued and unpaid interest thereon, as provided in the Financing Agreement and the other Loan Documents, $8,671,317.37 of which is payable to Callodine Commercial Finance SPV, LLC, $8,943,437.61 of which is payable to Gordon Brothers Brands, LLC and $17,086,092.27 of which is payable 1903 Partners, LLC; # the Tranche C Term Loan Lenders for the Tranche C Term Loans in an aggregate outstanding principal amount equal to $841,820.01 plus accrued and unpaid interest thereon, as provided in the Financing Agreement and the other Loan Documents; # the Tranche D Term Loan Lenders for the Tranche D Term Loans in an aggregate outstanding principal amount equal to $5,050,920.00 plus accrued and unpaid interest thereon, as provided in the Financing Agreement and the other Loan Documents and # for accrued and unpaid fees and expenses of Agents and Lenders (and any other amounts due under the Financing Agreement and the other Loan Documents, including but not limited to reasonable fees and disbursements of counsel).

Acknowledgment of Indebtedness. Each Loan Party acknowledges and agrees that, as of February 8, 2021, the Loan Parties are indebted, jointly and severally, # to the Tranche A Term Loan Lenders for the Tranche A Term Loans in an aggregate outstanding principal amount equal to $5,028,141.13 plus accrued and unpaid interest thereon, as provided in the Financing Agreement and the other Loan Documents, $1,238,759.62 of which is payable to Callodine Commercial Finance SPV, LLC (f/k/a Gordon Brothers Finance Company, LLC), $1,301,986.51 of which is payable to Gordon Brothers Brands, LLC and $2,487,395.00 of which is payable 1903 Partners, LLC; # the Tranche B Term Loan Lenders for the Tranche B Term Loans in an aggregate outstanding principal amount equal to $35,196,988.01 plus accrued and unpaid interest thereon, as provided in the Financing Agreement and the other Loan Documents, $8,671,317.37 of which is payable to Callodine Commercial Finance SPV, LLC, $9,113,905.69 of which is payable to Gordon Brothers Brands, LLC and $17,411,764.95 of which is payable 1903 Partners, LLC; # the Tranche C Term Loan Lenders for the Tranche C Term Loans in an aggregate outstanding principal amount equal to $860,992.83 plus accrued and unpaid interest thereon, as provided in the Financing Agreement and the other Loan Documents; # the Tranche D Term Loan Lenders for the Tranche D Term Loans in an aggregate outstanding principal amount equal to $5,165,956.95 plus accrued and unpaid interest thereon, as provided in the Financing Agreement and the other Loan Documents and # for accrued and unpaid fees and expenses of Agents and Lenders (and any other amounts due under the Financing Agreement and the other Loan Documents, including but not limited to reasonable fees and disbursements of counsel).

Acknowledgment of Indebtedness. Each Loan Party acknowledges and agrees that, as of December 16, 2019, the Loan Parties are indebted, jointly and severally, # to the Tranche A Term Loan Lenders for the Tranche A Term Loans in an aggregate outstanding principal amount equal to $4,856,250.00 plus accrued and unpaid interest thereon, as provided in the Financing Agreement and the other Loan Documents, # the Tranche B Term Loan Lenders for the Tranche B Term Loans in an aggregate outstanding principal amount equal to $33,993,750.00 plus accrued and unpaid interest thereon, as provided in the Financing Agreement and the other Loan Documents; # the Tranche C Term Loan Lenders for the Tranche C Term Loans in an aggregate outstanding principal amount equal to $769,282.01 plus accrued and unpaid interest thereon, as provided in the Financing Agreement and the other Loan Documents; # the Tranche D Term Loan Lenders for the Tranche D Term Loans in an aggregate outstanding principal amount equal to $4,615,692.02 plus accrued and unpaid interest thereon, as provided in the Financing Agreement and the other Loan Documents and # for accrued and unpaid fees and expenses of Agents and Lenders (and any other amounts due under the Financing Agreement and the other Loan Documents, including but not limited to reasonable fees and disbursements of counsel).

Acknowledgment of Indebtedness and Obligations. Borrowers hereby acknowledge and confirm that, as of the date of this Amendment, Borrowers are indebted to Agent and Lenders, without defense, setoff or counterclaim, under the Loan Agreement (in addition to any other indebtedness or obligations owed by Borrowers to [[Agent:Organization]] Affiliates) in the aggregate principal amount of $​, plus continually accruing interest and all fees, costs, and expenses, including reasonable attorneys’ fees, incurred through the date hereof.

Acknowledgment of Indebtedness and Obligations. Borrowers hereby acknowledge and confirm that, as of the date hereof, Borrowers are jointly and severally liable on the Obligations, without defense, setoff or counterclaim, under the Loan Agreement (in addition to any other indebtedness or obligations owed by Borrowers with respect to Bank Products owing to Agent and Wells Fargo Affiliates).

Acknowledgment. Executive acknowledges that he has had the opportunity to discuss this matter with and obtain advice from his private attorney, has had sufficient time to, and has carefully read and fully understands all the provisions of this Agreement, and is knowingly and voluntarily entering into this Agreement.

Acknowledgment. I certify and acknowledge that I have carefully read all of the provisions of this Agreement and that I understand and will fully and faithfully comply with such provisions.