Material Agreement Form 8 K

Item 1.01 - Entry into a Material Definitive Agreement

Western Alliance Bank Revolving Line of Credit

On June 26, 2024, Terra Property Trust, Inc., a Maryland corporation (the "Company"), entered into that certain Sixth Amendment to Loan Documents ("Sixth Amendment"), between the Company and Terra Mortgage Portfolio II, LLC, a Delaware limited liability company and wholly owned subsidiary of the Company, on the one hand, and Western Alliance Bank, an Arizona Corporation ("WAB"), on the other hand, pursuant to which, among other things, the facility agreement governing the revolving line of credit with WAB was amended to extend the maturity date of the facility agreement to December 31, 2024, eliminate the ability to make additional revolving borrowings under the facility agreement, decrease the minimum net worth covenant of the Company for future quarterly measurement dates, introduce a minimum liquidity covenant of the Company, establish an interest reserve account and remove the minimum profitability and maximum global leverage covenants of the Company

The description above is only a summary of the material provisions of the Sixth Amendment and is qualified in its entirety by reference to a copy of such document which will be filed as an exhibit to the Company's Quarterly Report on Form 10-Q for the period ending June 30, 2024.