Attached files

file filename
EX-32.2 - JPF EX 32-2 - AMBASE CORPjpfex32-2.htm
EX-31.1 - RAB EX. 31-1 - AMBASE CORPrabex31-1.htm
EX-31.2 - JPF EX. 31-2 - AMBASE CORPjpfex31-2.htm
EX-32.1 - RAB 32-1 - AMBASE CORPrabex32-1.htm
10-Q - AMBASE CORPform10q.htm
AmBase Corporation
100 Putnam Green, 3rd Floor
Greenwich, CT  06830-6027




May 12, 2016



Mr. Richard A. Bianco
350 South Ocean Boulevard, Apt. 9A
Boca Raton, FL  33432
 

Dear Richard:

This letter confirms that you, Richard A. Bianco (R. A. Bianco) personally hereby agrees to provide a financial commitment to AmBase Corporation ("AmBase" or the "Company") in the form of a line of credit up to $1,000,000 (One Million Dollars) or an additional amount(s) as may be necessary and agreed to for working capital for the Company on an as needed basis from time to time, if and when the case may be necessary on terms agreeable to/by the Company and R. A. Bianco at such time.  Such line of credit to be secured by a first mortgage interest in the building, 100 Putnam Green, Greenwich, Connecticut ("100 Putnam") which shall be senior to any then existing liens on 100 Putnam.

Sincerely,



 
/s/ John Ferrara
John Ferrara
Vice President and Chief Financial Officer

 

Accepted and agreed to by:
Accepted and agreed to by:
   
   
/s/ Richard A. Bianco
/s/John Ferrara 
Richard A. Bianco
John Ferrara, AmBase Corporation
 
Vice President and Chief Financial Officer