FIRST AMENDMENT TO CREDIT AGREEMENT
EXECUTION VERSION
FIRST
AMENDMENT TO
CREDIT AGREEMENT
THIS FIRST AMENDMENT TO CREDIT AGREEMENT (this “Amendment”) is made and entered into as of this 28th day of February, 2012 by and among AMERICAN REALTY CAPITAL OPERATING PARTNERSHIP, L.P., a Delaware limited partnership (“Borrower”), AMERICAN REALTY CAPITAL TRUST, INC., a Maryland corporation and the sole member of the sole general partner of Borrower (“Parent”), and RBS CITIZENS, N.A., a national banking association, as Administrative Agent for the benefit of the Lenders (in such capacity, the “Administrative Agent”), as L/C Issuer and as Swing Line Lender.
W I T N E S S E T H:
WHEREAS, Borrower, Parent, the Administrative Agent and the Lenders are parties to a certain Credit Agreement dated as of August 17, 2011 (together with any modifications and amendments, collectively, the “Credit Agreement”);
WHEREAS, Borrower has requested that the Administrative Agent and the Lenders amend certain terms and conditions of the Credit Agreement to provide for an increase in the amount of the Aggregate Commitments in accordance with Section 2.15 of the Credit Agreement from $115,00,000.00 to $220,000,000.00; and
WHEREAS, the Administrative Agent and the Lenders have agreed to so amend certain terms and conditions of the Credit Agreement, all on the terms and conditions set forth below in this Amendment.
NOW, THEREFORE, for good and valuable consideration, the receipt and adequacy of which is hereby acknowledged, the parties hereto hereby agree as follows:
| 1. | Definitions. All capitalized undefined terms used in this Amendment shall have the meanings ascribed thereto in the Credit Agreement, as amended hereby. |
| 2. | Amendments to Credit Agreement. The Credit Agreement is amended as of the First Amendment Effective Date (as defined below), as follows: |
| a. | Section 1.01 of the Credit Agreement is hereby amended by deleting the definition of “Aggregate Commitments” and “Consolidated EBITDA” in their entirety therefrom and substituting the following in lieu thereof: |
“Aggregate Commitments” means the Commitments of all the Lenders, which, prior to the First Amendment Effective Date, totaled One Hundred Fifteen Million Dollars ($115,000,000.00) and as of the First Amendment Effective Date, total Two Hundred Twenty Million Dollars ($220,000,000.00).
“Consolidated EBITDA” means, for any Person for any period, an amount equal to (a) Consolidated Net Income for the trailing three months, plus (b) the sum of the following (without duplication and to the extent reflected as a charge in the
statement of such Consolidated Net Income for such period): (i) income tax expense; (ii) interest expense, amortization or writeoff of debt discount and debt issuance costs and commissions, discounts and other fees and charges associated with Indebtedness; (iii) depreciation and amortization expense; (iv) amortization of intangibles (including goodwill) and organization costs; (v) any extraordinary, unusual or non-recurring expenses or losses (including, whether or not otherwise includable as a separate item in the statement of such Consolidated Net Income for such period, losses on sales of assets outside of the ordinary course of business and costs and expenses incurred during such period with respect to acquisitions consummated); (vi) any other non-cash charges, (vii) all commissions, guaranty fees, discounts and other fees and charges owed by such Person with respect to letters of credit and bankers’ acceptance financing and net costs of such Person under Swap Contracts in respect of interest rates to the extent such net costs are allocable to such period in accordance with GAAP; and (viii) fees, expenses and charges incurred during such period, in an aggregate amount during the term of this Agreement not to exceed $10,000,000, directly relating to (A) the issuance of any Equity Interests of such Person permitted hereunder (including, in each case, any such transaction undertaken but not completed) or (B) the Tender Offer Transactions (including, without limitation, the negotiation of and entry into the First Amendment), minus (c) the sum of the following (to the extent included in the statement of such Consolidated Net Income for such period): (i) interest income (except to the extent deducted in determining such Consolidated Net Income); (ii) any extraordinary, unusual or non-recurring income or gains (including, whether or not otherwise includable as a separate item in the statement of such Consolidated Net Income for such period, gains on the sales of assets outside of the ordinary course of business); (iii) any other non-cash income; and (iv) any cash payments made during such period in respect of items described in clause (b)(v) above subsequent to the fiscal quarter in which the relevant non-cash expenses or losses were reflected as a charge in the statement of Consolidated Net Income.
| b. | Section 1.01 of the Credit Agreement is hereby further amended by deleting the pricing grid set forth in the in the definition of “Applicable Rate” and replacing it with the following pricing grid: |
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Applicable Rate
| Pricing Level | Consolidated Leverage Ratio | Letters
of Credit | Eurodollar Rate + | Base
Rate + | ||||
| 1 | <40% | 2.05% | 2.05% | 1.25% | ||||
| 2 | > 40% but < 45% | 2.20% | 2.20% | 1.50% | ||||
| 3 | > 45% but < 50% | 2.45% | 2.45% | 1.50% | ||||
| 4 | > 50% but < 55% | 2.65% | 2.65% | 1.75% | ||||
| 5 | >55% | 2.85% | 2.85% | 1.75% |
| c. | Section 1.01 of the Credit Agreement is hereby further amended by deleting clause (b) of the definition of “Borrowing Base Asset Value” in its entirety therefrom and substituting the following in lieu thereof: |
“(b) the aggregate Borrowing Base Asset Value from Borrowing Base Properties which are hotels or convenience stores shall not exceed ten percent (10%) of the aggregate Borrowing Base Asset Value.”
| d. | Section 1.01 of the Credit Agreement is hereby further amended by inserting the phrase “(other than the Incentive Listing Fee Note)” following the phrase “aggregate unsecured Indebtedness” in the definition of “Borrowing Base Asset Value Ratio”. |
| e. | Section 1.01 of the Credit Agreement is hereby further amended by deleting the clause (b) of the definition of “Change of Control” in its entirety therefrom and substituting the following in lieu thereof: |
“(b) Xxxxxxx X. Xxxxxx and Xxxxxxxx Xxxxxxxx shall cease to be members of the board of directors or other equivalent governing body of Parent, unless replaced by a director acceptable to the Administrative Agent, in its sole discretion;”
| f. | Section 1.01 of the Credit Agreement is hereby further amended by deleting the definition of “Environmental Assessment” in its entirety and substituting the following in lieu thereof: |
““Environmental Assessment” means a report of an environmental assessment of any or all Borrowing Base Properties and of such scope so as to be compliant with the guidelines established by the ASTM (including the taking of soil borings and air and groundwater samples and other above and below ground testing) as Administrative Agent may reasonably request to be performed by a licensed environmental consulting firm reasonably acceptable to Administrative Agent.”
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| g. | Section 1.01 of the Credit Agreement is hereby further amended by inserting the phrase “the Subordination Agreement,” following the phrase “Fee Letter,” in the definition of “Loan Documents”. |
| h. | Section 1.01 of the Credit Agreement is hereby further amended by inserting in appropriate alphabetical order the following new definitions: |
“First Amendment Effective Date” means the “First Amendment Effective Date” (as defined in the First Amendment).
“First Amendment” means the First Amendment to Credit Agreement, dated as of February 28, 2012, among Borrower, Parent, the Administrative Agent and the Lenders.
“Incentive Listing Fee” means the fee, payable to AR Capital or its affiliate, in connection with the listing of Parent’s common stock on NASDAQ equal to the amount, if any, by which (a) the market value of Parent’s outstanding common stock plus distributions paid by Parent prior to listing, exceeds (b) the sum of the total amount of capital raised from stockholders during Parent’s prior continuous offering and the amount of cash flow necessary to generate a 6% annual cumulative, non-compounded return to such stockholders. For purposes of this definition, the market value of Parent’s common stock will be calculated based on the average market value of Parent’s shares issued and outstanding at listing over the 30 trading days beginning 180 days after such shares are first listed or included for quotation.
“Incentive Listing Fee Note” means the three-year convertible note to be issued in the amount of the Incentive Listing Fee, in form reasonably satisfactory to the Administrative Agent and substantially on the terms previously disclosed to the Administrative Agent, together with such other terms as are reasonably satisfactory to the Administrative Agent.
“Subordination Agreement” means the Subordination Agreement, to be entered into substantially contemporaneously with the issuance of Incentive Listing Fee Note, between the Administrative Agent and AR Capital in form and substance satisfactory to the Administrative Agent.
“Tender Offer Transactions” shall mean the purchase by Parent of up to $250,000,000.00 in value of shares of its common stock, par value $0.01 per share, on the terms set forth in the Offer to Purchase and the related Letter of Transmittal, as filed with the SEC on Schedule TO, dated February 15, 2012.
| i. | Section 2.15(a) of the Credit Agreement is hereby amended by (i) deleting that portion which reads “$250,000,000” and replacing it with the following: “$500,000,000”; and (ii) deleting clause (ii) of the proviso thereof and replacing it with the following: “(ii) Parent and Borrower may, after the First Amendment |
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Effective Date and in addition to the increase in Commitments effected by the First Amendment, make a maximum of two (2) such requests, and”.
| j. | Section 6.13 of the Credit Agreement is hereby amended by deleting any portion which reads “(other than Liens in favor of the Administrative Agent)” and replacing it with the following: “(other than Liens permitted by Section 8.01)”. |
| k. | Section 7.11(d) of the Credit Agreement is hereby amended by inserting the following new sentence at the end thereof: |
“Notwithstanding the foregoing, up to $220,000,000 of proceeds of Credit Extensions may be used in connection with the Tender Offer Transaction.”
| l. | Section 8.04 of the Credit Agreement is hereby amended by (i) deleting the period at the end thereof and replacing it with the “; and”; and (ii) inserting the following new clause (d) at the end thereof: |
“(d) Dispositions permitted by Section 8.03.”
| m. | Section 8.05(c) of the Credit Agreement is hereby amended by (i) deleting the phrase “each Subsidiary” and replacing it with the word “Parent”; and (ii) deleting the word “and” at the end of such Section. |
| n. | Section 8.05(d) of the Credit Agreement is hereby amended by deleting the period at the end thereof and replacing it with a semi-colon. |
| o. | Section 8.05 of the Credit Agreement is hereby amended by inserting the following new clauses at the end thereof: |
(e) Parent or Borrower may issue or sell Equity Interests; provided that they remain in compliance with clause (a), in the case of Parent, and clause (c), in the case of Borrower, of the definition of Change of Control;
(f) Parent, Borrower and each Subsidiary may make cash payments in lieu of the issuance of fractional shares representing insignificant interests in connection with the exercise of warrants, options or other securities convertible into or exchangeable for Equity Interests of Parent, Borrower or any Subsidiary;
(g) Parent, Borrower and each Subsidiary may make Restricted Payments in connection with the implementation of or pursuant to any retirement, health, stock option and other benefit plans, bonus plans, performance-based incentive plans, and other similar forms of compensation for the benefit of the directors, officers and employees of Parent, Borrower and the Subsidiaries;
(h) Parent may, and Borrower may make dividends or distributions to Parent to allow Parent to, make payments with respect to the Incentive Listing Fee Note
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(including the conversion thereof) to the extent permitted by the Subordination Agreement;
(i) Parent may, and Borrower may make dividends or distributions to Parent to allow Parent to, consummate the Tender Offer Transactions or make payments in connection with any other share repurchase program, to the extent not otherwise prohibited by the terms of this Agreement; and
(j) Parent may, and Borrower may make dividends or distributions to Parent to allow Parent to, pay the early termination fee in connection with the termination of the advisory agreement between Parent and AR Capital.
| p. | Section 8.07 of the Credit Agreement is hereby amended by (i) deleting the period at the end thereof and replacing it with the following: “, except:”; and (ii) inserting new clauses at the end thereof which read as follows: |
(a) reasonable and customary fees paid to, and indemnification arrangements with, members of the board of directors (or similar governing body) of any of the Loan Parties or the issuance of directors’ or nominees’ qualifying shares;
(b) compensation and indemnification arrangements for directors (or equivalent), officers and employees of Parent, Borrower and the Subsidiaries, including retirement, health, option and other benefit plans, bonuses, performance-based incentive plans, and other similar forms of compensation, the granting of Equity Interests to directors (or equivalent), officers and employees of Parent, Borrower and the Subsidiaries in connection with the implementation of any such arrangement, and the funding of any such arrangement;
(c) Restricted Payments permitted under Section 8.05;
(d) Investments permitted under Section 8.02(J);
(e) transactions between or among the Borrower and the Subsidiaries permitted under Section 8.03 not involving any other Affiliate;
(f) the incurrence of the Incentive Listing Fee and the issuance of the Incentive Listing Fee Note;
(g) the advisory agreement between Parent and AR Capital, as in effect on the First Amendment Effective Date, and any amendment thereto providing for transition services in connection with the termination thereof; and
(k) Parent may, and Borrower may make dividends or distributions to Parent to allow Parent to, purchase up to $7,300,000 of furniture, fixtures and equipment from AR Capital.
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q. The Schedules to the Credit Agreement are deleted in their entirety and replaced with the Schedules attached as Exhibit B hereto.
| 3. | Conditions to Effectiveness. This Amendment shall not be effective until each of the following conditions precedent has been fulfilled to the satisfaction of the Administrative Agent (such date, the “First Amendment Effective Date”): |
| a. | The Administrative Agent shall have received counterparts of this Amendment duly executed and delivered by each of the parties hereto; |
| b. | the Administrative Agent shall have received a Note or Amended and Restated Note, as applicable, executed by Borrower in favor of each Lender requesting a Note; |
| c. | the Administrative Agent shall have received counterparts of the Counterpart to Subsidiary Guaranty, in the form attached as Exhibit C hereto (the “Counterpart to Guaranty”), duly executed and delivered by each of the parties thereto (each Subsidiary executing the Counterpart to Guaranty as an “Additional Guarantor”, an “Additional Guarantor”); |
| d. | the Administrative Agent shall have received counterparts of the Pledge Amendment, in the form attached as Exhibit D hereto (the “Pledge Amendment”, and together with the Amendment and the Counterpart to Guaranty, the “Amendment Documents”), duly executed and delivered by each of the parties thereto; |
| e. | the Administrative Agent shall have received such certificates of resolutions or other action, incumbency certificates and/or other certificates of Responsible Officers of each Loan Party and each Additional Guarantor as the Administrative Agent may require evidencing the identity, authority and capacity of each Responsible Officer thereof authorized to act as a Responsible Officer in connection with the Amendment Documents and the other Loan Documents to which such Loan Party or Additional Guarantor is a party; |
| f. | the Administrative Agent shall have received such documents and certifications as the Administrative Agent may reasonably require to evidence that each Loan Party and each Additional Guarantor is duly organized or formed and in good standing in its jurisdiction of formation, except to the extent that failure to do so would not have a Material Adverse Effect; |
| g. | the Administrative Agent shall have received a certificate of a Responsible Officer of Borrower and Parent stating that (i) no consents, licenses or approvals are required in connection with the Amendment Documents and (ii) that there has been no event or circumstance since the date of delivery of the last Financial Statements that has had or could be reasonably expected to have, either individually or in the aggregate, a Material Adverse Effect; |
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| h. | the Administrative Agent shall have received a favorable opinion of legal counsel to the Loan Parties and the Additional Guarantors and local counsel to the Loan Parties and the Additional Guarantors in the jurisdiction of formation of each Loan Party and each Additional Guarantor, in each case, addressed to the Administrative Agent and each Lender, as to matters concerning due formation and applicable good standing of the Loan Parties and the Additional Guarantors and the due execution and enforceability of the Amendment Documents and the other Loan Documents; |
| i. | the Administrative Agent shall have received a duly completed Borrowing Base Report as of the First Amendment Effective Date, signed by a Responsible Officer of Borrower, together with Property Information with respect to each new Borrowing Base Property reflected on the First Amendment Effective Date Borrowing Base Certificate; |
| j. | the Administrative Agent shall have received and be reasonably satisfied with (i) the Tender Offer Statement on Schedule TO and (ii) the Registration Statement on Form S-11, each to be filed in connection with the Tender Offer Transactions; and |
| k. | the Administrative Agent shall have received evidence that all insurance required to be maintained pursuant to the Loan Documents has been obtained and is in effect, including, without limitation, with respect to the Additional Guarantors. |
| 4. | Representations and Warranties. The representations and warranties of Borrower and each other Loan Party, including without limitation, the Additional Guarantors, contained in Article VI of the Credit Agreement or any other Loan Document are true and correct in all material respects (except to the extent that any such representation and warranty is qualified as to “materiality,” “Material Adverse Effect” or similar language, in which case it shall be true and correct in all respects (after giving effect to any such qualification)) on and as of the First Amendment Effective Date; provided, if any such representations and warranties specifically refer to an earlier date, they shall be true and correct in all material respects (except to the extent that any such representation and warranty is qualified as to “materiality,” “Material Adverse Effect” or similar language, in which case it shall be true and correct in all respects (after giving effect to any such qualification)) as of such earlier date. |
| 5. | Further Assurances and Post Closing Conditions. |
| a. | The Loan Parties and the Additional Guarantors shall take any and all such actions and execute any and all such instruments and agreements as the Bank shall reasonably request for the purpose of effectuating the Amendment Documents. Prior to or contemporaneously with the execution of the Incentive Listing Fee Note, Borrower will cause AR Capital to deliver an executed counterpart to the Subordination Agreement to the Administrative Agent. |
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| b. | Within 15 days of the date hereof (or such longer time as agreed to by the Administrative Agent in its sole discretion) the Administrative Agent shall have received a certificate that each Subsidiary Guarantor is qualified to engage in business in each jurisdiction where its ownership, lease or operation of properties or the conduct of its business requires such qualification. |
Failure to comply with the provisions of this Section 5 shall be deemed an immediate Event of Default under Section 9(b) of the Credit Agreement.
| 6. | Retroactive Effect. It is understood and agreed that the amendment effected by clause j.(e) of Section 2 hereof is effective as of the Closing Date and that any Equity Issuances consummated by Parent prior to the First Amendment Effective Date shall not have resulted in a breach of Section 8.05 of the Credit Agreement. |
| 7. | Limited Amendment; Ratification of Loan Documents. Except as specifically amended hereby, the terms and conditions of the Credit Agreement and the other Loan Documents shall remain in full force and effect, and are hereby ratified and affirmed in all respects. This Amendment shall not be deemed a waiver of, or consent to, or a modification or amendment of, any other term or condition of the Credit Agreement or any other Loan Document, except as expressly set forth herein. |
| 8. | Waiver of Claims. Each Loan Party and each Additional Guarantor acknowledges and agrees that as of the date hereof, it does not have any claims, counterclaims, offsets, or defenses against the Bank directly or indirectly relating to such Person’s relationship with, and/or the Obligations under, the Loan Documents, and to the extent that such Loan Party currently has or ever had prior to the date hereof any such claims, counterclaims, offsets, or defenses against the Bank, such Loan Party affirmatively WAIVES the same and, on behalf of itself and its representatives, successors and assigns, hereby RELEASES, and forever discharges the Bank and its officers, directors, agents, servants, attorneys, and employees, and their respective representatives, successors and assigns, of, to, and from all known debts, demands, actions, suits, accounts, covenants, contracts, agreements, damages, and any and all claims, demands, or liabilities whatsoever, of every name and nature, both at law and in equity through the date hereof related to the same. |
| 9. | Governing Law. This Amendment shall be governed by and construed in accordance with the laws of the State of New York. |
| 10. | Miscellaneous. This Amendment may be executed in any number of counterparts, which shall together constitute an entire original agreement, and shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns. This Amendment expresses the entire understanding of the parties with respect to the transactions contemplated hereby. No prior negotiations or discussions shall limit, modify, or otherwise affect the provisions hereof. Any determination that any provision of this Amendment or any application hereof is invalid, illegal or unenforceable in any respect and in any instance shall not affect the validity, legality, or enforceability of such |
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provision in any other instance, or the validity, legality, or enforceability of any other provisions of this Amendment. The Loan Parties and the Additional Guarantors represent and warrant that they have consulted with independent legal counsel of their selection in connection with the Amendment Documents and are not relying on any representations or warranties of the Administrative Agent or the Lenders or their counsel in entering into this Amendment
[remainder of page left intentionally blank]
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IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed as of the day and year first above written.
| BORROWER: AMERICAN REALTY CAPITAL OPERATING PARTNERSHIP, LP., a Delaware limited partnership | ||
| By: | /s/ Xxxxx X. Block | |
| Name:
Xxxxx X. Block Title: Secretary & Treasurer | ||
| PARENT: AMERICAN REALTY CAPITAL TRUST, INC., a Maryland corporation | ||
| By: | /s/ Xxxxx X. Block | |
| Name:
Xxxxx X. Block Title: Secretary & Treasurer | ||
[Signature Page to First Amendment]
| RBS CITIZENS, N.A., as Administrative Agent, Swing Line Lender, L/C Issuer and as a Lender | ||
| By: |  | |
| Name: Xxxxxxxx
X. Xxxxx Title: Assistance Vice President | ||
[Signature Page to First Amendment]
| XXXXXXX SACHS BANK, USA, as a Lender | ||
| By: |  | |
| Name: Xxxxxx
Xxx Title: Authorized Signatory | ||
[Signature Page to First Amendment]
| CAPITAL ONE, NATIONAL BANK, as a Lender | ||
| By: |  | |
| Name: Xxxx
Lerdi Title: Senior Vice President | ||
[Signature Page to First Amendment]
| XXXXXXX XXXXX BANK, N.A.
as a Lender | ||
| By: | 
| |
| Name:Xxxxx
X. Xxxxxxxxx Title: Senior Vice President | ||
[Signature Page to First Amendment]
The undersigned, American Realty Capital Trust, Inc., as Guarantor under that certain Parent Guaranty Agreement dated as of August 17, 2011, hereby consents to the foregoing First Amendment to Credit Agreement and acknowledges and agrees that the Parent Guaranty Agreement executed by the undersigned dated as of August 17, 2011 remains in full force and effect.
| AMERICAN REALTY CAPITAL TRUST, INC., a Maryland corporation | ||
| By: | /s/ Xxxxx X. Block | |
| Name: Xxxxx X. Block
Title: Secretary and Treasurer | ||
[Signature Page to First Amendment]
Each of the undersigned, as Guarantor under that certain Subsidiary Guaranty Agreement dated as of August 17, 2011, hereby consents to the foregoing First Amendment to Credit Agreement and acknowledges and agrees that the Subsidiary Guaranty Agreement executed by the undersigned dated as of August 17, 2011 remains in full force and effect.
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ARC BFCHSVA001, LLC ARC BFDRDM0001, LLC ARC BFMWKWI001, LLC ARC BFNRFNJ001, LLC ARC BJBBGSC001, LLC ARC BJBUFGA001, LLC ARC BJGRFNC001, LLC ARC BJHLBNC001, LLC ARC BJHPTNC001, LLC ARC BJHWLGA001, LLC ARC BJINMSC001, LLC ARC BJLNCNC001, LLC ARC BJNPTAL001, LLC ARC BJPDNSC001, LLC ARC BJRFDNC001, LLC ARC BJTSVNC001, LLC ARC BJWKTNC001, LLC ARC CCALBGA001, LLC ARC CVDRYFLO01, LLC ARC DDBLKID001, LLC ARC DDENTAL001, LLC ARC DFWCHKS001, LLC ARC DGABBLA001, LLC ARC DGALSMI001, LLC ARC DGBKYMI001, LLC ARC DGCPMMI001, LLC ARC DGFLNLA001, LLC ARC DGMNRLA001, LLC ARC DGNMKMI001, LLC ARC DGPVTLA001, LLC
|
| By: | /s/Xxxxx X. Block | ||||||
| Name: | Xxxxx X. Block | ||||||
| Title: | Secretary & Treasurer | ||||||
[Signature Page to First Amendment]
|
ARC DGSMTFLO01, LLC ARC DGSPHMI001, LLC ARC DGWLLMI001, LLC ARC FEBTMMD001, LLC ARC IHBRGLA001, LLC ARC IHSALOR001, LLC ARC JJAMHNY001, LLC ARC JJLKGNY001, LLC ARC J.IPLYMA001, LLC ARC JJWATNJ001, LLC ARC NTDLVGA001, LLC ARC NTKNSGA001, LLC ARC NTLBNGA001, LLC ARC ORWFDMI001, LLC ARC PBLVGNV001, LLC ARC PBNWLPA001, LLC ARC PBSTKCA001, LLC ARC SEBRDFLO01, LLC ARC SEMTDFLO01, LLC ARC TPCANNY001, LLC ARC USMNEMN001, LLC ARC WGACWGA001, LLC ARC WGFSTMS001, LLC ARC WGLSPGA001, LLC ARC WMEBBPA001, LLC each, a Delaware limited liability company
|
| By: | /s/Xxxxx X. Block | ||||||
| Name: | Xxxxx X. Block | ||||||
| Title: | Secretary & Treasurer | ||||||
[Signature Page to First Amendment]
Acknowledged and Agreed to as of the date first above written:
ARC ARABLOH001, LLC
ARC ARABRNC001, LLC
ARC ARBYCMI001, LLC
ARC ARCBYPA001, LLC
ARC ARCTDNY001, LLC
ARC ARGIDNE001, LLC
ARC ARHDNFLO01, LLC
ARC ARKTGOH001, LLC
ARC AR1VILNSC001, LLC
ARC AROCTNY001, LLC
ARC ARPBLC0001, LLC
ARC ARPCLFLO01, LLC
ARC ARPHRFLO01, LLC
ARC ARPQAOH001, LLC
ARC ARRLDMS001, LLC
ARC ARRTDNY001, LLC
ARC ARSPHFLOOLLLC
ARC ARVCTTX001, LLC
ARC AZCLBSC001, LLC
ARC XXXXXXX000, XXX
XXX XXXXXXX000, DST
ARC BFCRWTX001, DST
ARC BFEDMOK001, LLC
ARC BFLGCTX001, DST
ARC BFMDBFLO01, LLC
ARC BFOKCOK001, LLC
ARC BFOWAOK001, LLC
ARC BFRKWTX001, DST
ARC BFTULOK001, LLC
ARC BFWTFTX001, DST
ARC BFYKNOK001, LLC
ARC BSPRCAR001, LLC
ARC CAOMHNE001, LLC
ARC CVCHSNY001, LLC
ARC CVRKRNC001, LLC
ARC DDSLVPA001, LLC
ARC DFLVPIL001, LLC
| By: | /s/Xxxxx X. Block |
|
|||||
| Name: | Xxxxx X. Block | ||||||
| Title: | Secretary & Treasurer | ||||||
[Signature Page to First Amendment]
ARC DGADLAL001, LLC
ARC DGBMNOH001, LLC
ARC DGBMTTX001, LLC
ARC DGBNTM0001, LLC
ARC DGBSMAL001, LLC
ARC DGBSNKY001, LLC
ARC DGCATIL001, LLC
ARC DGCCPM0001, LLC
ARC DGCDNOH001, LLC
ARC DGCLBIL001, LLC
ARC DGCNTMI001, LLC
ARC DGCPCTX001, LLC
ARC DGCRGIL001, LLC
ARC DGCVLAL001, LLC
ARC DGDRNKY001, LLC
ARC DGDSNLA001, LLC
ARC DGDTNOH001, LLC
ARC DGELSTX001, LLC
ARC DGFYTOH001, LLC
ARC DGGDNMI001, LLC
ARC DGGNSTX001, LLC
ARC DGIWNGA001, LLC
ARC DGJSNM0001, LLC
ARC DGJSPAL001, LLC
ARC DGJSPAL002, LLC
ARC DGJSPAL003, LLC
ARC DGKGNOH001, LLC
ARC DGLFTLA001, LLC
ARC DGLRHFLO01, LLC
ARC DGLTCMI001, LLC
ARC DGLVLLA001, LLC
ARC DGMCLMI001, LLC
ARC DGMLVLA001, LLC
ARC DGMMTLA001, LLC
ARC DGMTATX001, LLC
ARC DGMTSIA001, LLC
ARC DGNPTOH001, LLC
ARC DGOICHOH001, LLC
ARC DGOLKAL001, LLC
| By: | /s/Xxxxx X. Block |
|
|||||
| Name: | Xxxxx X. Block | ||||||
| Title: | Secretary & Treasurer | ||||||
[Signature Page to First Amendment]
ARC DGOLSLA001, LLC
ARC DGOROM0001, LLC
ARC DGPNKMI001, LLC
ARC DGQNCM0001, LLC
ARC DGRBLLA001, LLC
ARC DGSATTX001, LLC
ARC DGSBTTN001, LLC
ARC DGSHNMI001, LLC
ARC DGSLBAL001, LLC
ARC DGSSTAL001, LLC
ARC DGSTJMI001, LLC
ARC DGSVLOH001, LLC
ARC DGTBYAL001, LLC
ARC DGTKSMI001, LLC
ARC DGUVLM0001, LLC
ARC DGWTLIA001, LLC
ARC FECNTOH001, LLC
ARC FEEGBNY001, LLC
ARC FEGRNOH001, LLC
ARC FENPXAZ001, LLC
ARC FESAGMI001, LLC
ARC FESHRTX001, LLC
ARC FEWLBNH001, LLC
ARC GSBRICNY001, LLC
ARC GSBRNTX001, LLC
ARC GSCOSC0001, LLC
ARC GSDALTX001, LLC
ARC GSEAGTX001, LLC
ARC GSICNXTN001, LLC
ARC GSNPRFLOOL LLC
ARC GSPARTX001, LLC
ARC GSPARWV001, LLC
ARC GSREDCA001, LLC
ARC GSSCYIA001, LLC
ARC GSSVAAZ001, LLC
ARC HVHVPA0001 GP LLC
ARC HVLHNPA001 GP LLC
ARC HVLNDPA001 GP LLC
| By: | /s/Xxxxx X. Block |
|
|||||
| Name: | Xxxxx X. Block | ||||||
| Title: | Secretary & Treasurer | ||||||
[Signature Page to First Amendment]
ARC HVLNDPA002 GP LLC
ARC HVLRKPA001 GP LLC
ARC HVLSDPA001 GP LLC
ARC HVPMTPA001 GP LLC
ARC HVSGHPA001 GP LLC
ARC HVSHPA0001 GP LLC
ARC HVSPKPA001 GP LLC
ARC HVSTNPA001 GP LLC
ARC HVSTNPA002 GP LLC
ARC HVSVPA0001 GP LLC
ARC HVWPTPA001 GP LLC
ARC HVWYMPA001 GP LLC
ARC KGADRIA001, LLC
ARC KGBLVM0001, LLC
ARC KGBLVM0002, LLC
ARC KGFGRM0001, LLC
ARC KGHLSM0001, LLC
ARC KGMNTM0001, LLC
ARC KGNLAIA001, LLC
ARC KGSPFM0001, LLC
ARC KGSPFM0002, LLC
ARC KGSPFM0003, LLC
ARC KGSPFM0004, LLC
ARC KGSPFM0005, LLC
ARC KGSPFM0006, LLC
ARC KGSPFM0007, LLC
ARC KGSPFM0008, LLC
ARC KGWYVM0001, LLC
ARC LWAUGGA001, LLC
ARC MBOKCOK001, LLC
ARC MBWESTX001, LLC
ARC ORBVAMI001, LLC
ARC ORRSVMI001, LLC
ARC ORSGNMI001, LLC
ARC PMOTTIL001, LLC
ARC RNAUGGA001, LLC
ARC RNDKSTN001, LLC
ARC RNKSCKS001, LLC
ARC RNMPHTN001, LLC
| By: | /s/Xxxxx X. Block |
|
|||||
| Name: | Xxxxx X. Block | ||||||
| Title: | Secretary & Treasurer | ||||||
[Signature Page to First Amendment]
ARC RNNAUSC001, LLC
ARC RNNCSIN001, LLC
ARC RNSMPTN001, LLC
ARC RNSVLGA001, LLC
ARC RNVLDGA001, LLC
ARC TJPTLME001, LLC
ARC TSFRCSC001, LLC
ARC TSKIVIZMI001, LLC
ARC TSMDNGA001, LLC
ARC TSPTKCT001, LLC
ARC VACLDID001, LLC
ARC WGANGNY001, LLC
ARC WGBKLNY001 LLC
ARC WGBKLNY002 LLC
ARC WGELKIN001, LLC
ARC WGMRCLA001, LLC
ARC WGPTHNY001 LLC
ARC WGQNSNY001 LLC
ARC WGQNSNY002 LLC
ARC WGQNSNY003 LLC
ARC WPMRNOH001, LLC
CRE JV Mixed Five IL 1 Branch Holdings LLC
Each, a Delaware limited liability company
| By: | /s/Xxxxx X. Block |
|
|||||
| Name: | Xxxxx X. Block | ||||||
| Title: | Secretary & Treasurer | ||||||
[Signature Page to First Amendment]
EXHIBIT A
Amended and Restated Schedules to Credit Agreement
SCHEDULE 2.01
COMMITMENTS
AND APPLICABLE PERCENTAGES
| Lender | Commitment | Applicable Percentage |
| RBS CITIZENS, N.A. | $95,000,000.00 | 43.1818181818182000% |
| XXXXXXX XXXXX BANK USA | $35,000,000.00 | 15.9090909090909000% |
| CAPITAL ONE NATIONAL ASSOCIATION |
$50,000,000.00 | 22.7272727272727000% |
| XXXXXXX XXXXX BANK, N.A. | $40,000,000.00 | 18.1818181818182000% |
| Total | $220,000,000.00 | 100.00% |
SCHEDULE 4.01
INITIAL BORROWING BASE PROPERTIES
| Tenant | Address | City | State | County | Entity |
| Aaron's, Inc. | 0000 X Xxxxx Xxxx Xxxx | Xxxxxxxxx | XX | Ashtabula | ARC ARABLOH001, LLC |
| Aaron's, Inc. | 0000 X Xxxxx Xxxxx | Xxxxxxxx | XX | Xxxxxxxx | ARC ARABRNC001, LLC |
| Aaron's, Inc. | 0000 X. Xxxxxx Xxxx | Xxx Xxxx | XX | Bay | ARC ARBYCMI001, LLC |
| Aaron's, Inc. | 0000 XX Xxxxx 000 | Xxxxxxxxx | XX | Venango | ARC ARCBYPA001, LLC |
| Aaron's, Inc. | 0000 Xxxxx 000 | Xxxxxxxx | XX | Cortland | ARC ARCTDNY001, LLC |
| Aaron's, Inc. | 0000 X. Xxxxx Xxxxxx | Xxxxx Xxxxxx | XX | Hall | ARC ARGIDNE001, LLC |
| Aaron's, Inc. | 00000 XX Xxxxxxx 00 | Xxxxxx | XX | Pasco | ARC ARHDNFL001, LLC |
| Aaron's, Inc. | 0000 Xxxx Xxxxxx Xxxx | Xxxxxxxxx | XX | Xxxxxxxxxx | ARC ARKTGOH001, LLC |
| Aaron's, Inc. | 00000 Xxxxxxx 00 Xxxxxx | Xxxxxxxx Xxxxx | XX | Horry | ARC ARMLNSC001, LLC |
| Aaron's, Inc. | 0000 Xxxxx Xxxxxxx 00 | Xxxxxxx | XX | Otsego | ARC AROCTNY001, LLC |
| Aaron's, Inc. | 0000 Xxxxxxx 00 Xxxx | Xxxxxx | XX | Pueblo | ARC ARPBLCO001, LLC |
| Aaron's, Inc. | 0000 X. Xxxxxxxxx Xxxx. | Xxxxxxxxx | XX | Escambia | ARC ARPCLFL001, LLC |
| Aaron's, Inc. | 00000 XX Xxxxxxx 00 X | Xxxx Xxxxxx | XX | Pinellas | ARC ARPHRFL001, LLC |
| Aaron's, Inc. | 0000 X. Xxx Xxxxxx | Xxxxx | XX | Miami | ARC ARPQAOH001, LLC |
| Aaron's, Inc. | 000 X. Xxxxxxx Xxxxxx | Xxxxxxxxx | XX | Madison | ARC ARRLDMS001, LLC |
| Aaron's, Inc. | 00 Xxxx Xxxxxxxx Xxxx | Xxxxxxxxx | XX | Schenectady | ARC ARRTDNY001, LLC |
| Aaron's, Inc. | 0000 Xxxxxxxxxx Xxx | Xxxxxx Xxxx | XX | Hernando | ARC ARSPHFL001,LLC |
| Aaron's, Inc. | 0000 X. Xxxxxxx | Xxxxxxxx | XX | Xxxxxxxx | XXX XXXXXXX000, LLC |
| Auto Zone | 000 X'Xxxx Xxxxx | Xxxxxxxx | XX | Richland | ARC AZCLBSC001, LLC |
| BSFS II | 00000 Xxxxx XXXX | Xxxxxxxxxxx | XX | Bernalillo | ARC BFABQNM001, DST |
| BSFS II | 000 Xxxx Xxxxx Xxxx | Xxxxx | XX | Xxxxxx | XXX XXXXXXX000, DST |
| Bridgestone Firestone | 00000 Xxxx Xxxxxx Xxxx | Xxxxxxx | XX | Chesterfield | ARC BFCHSVA001, LLC |
| Schedule 4.1 |
| BSFS II | 000 X. Xxxxxxx Xxxx | Xxxxxxx | XX | Xxxxxxx | ARC BFCRWTX001, DST |
| DardennIe (StI. | |||||
| 1B1ridgestoIne FirestonIe | 00000 XXxXxx XxxxxX Xxxxx | Xxxxx) | XX | St. Xxxxxxx | X0XX XX XX XXXX0000 LLC |
| BSFS | 0000 X. XXXXXXXX XXXX | Xxxxxx | XX | Oklahoma | ARC BFEDMOK001, LLC |
| BSFS II | 000 Xxxxx Xxx Xxxx. | Xxxxxx Xxxx | XX | Galveston | ARC BFLGCTX001, DST |
| BSFS | 0000 XXXXXXXX XXXXXXXXX | Xxxxxxxxxx | XX | Clay | ARC BFMDBFL001, LLC |
| Bridgestone Firestone | 0000 Xxxxxx Xxxx Xxx | Xxxxxxxxx | XX | Milwaukee | ARC BFMWKWI001, LLC |
| Bridgestone Firestone | 0000 Xxxxxx Xx | Xxxxxxxxxx | XX | Atlantic | ARC BFNRFNJ001, LLC |
| BSFS | 00000 X. XXXXXXXXXXXX XXX | Xxxxxxxx Xxxx | XX | Oklahoma | ARC BFOKCOK001, LLC |
| BSFS | HIGHWAY I-69 & 96TH STREET | Owasso | OK | Tulsa | ARC BFOWAOK001, LLC |
| BSFS II | 000 Xxxx X-00 | Xxxxxxxx | XX | Xxxxxxxx | XXX XXXXXXX000, DST |
| BSFS | 0000 X Xxxxxxx Xxx | Xxxxx | XX | Tulsa | ARC BFTULOK001, LLC |
| BSFS II | 0000 X. Xxxx Xxxxxx | Xxxxxxxxxxx | XX | Xxxxxx | ARC BFWTFTX001, DST |
| BSFS | 000 XXXXXXX XXXXXXX | Xxxxx | XX | Canadian | ARC BFYKNOK001, LLC |
| Bojangles | 000 Xxxx Xxxxxxxx Xxx. | Xxxxxxxxx | XX | Lexington and Saluda | ARC BJBBGSC001, LLC |
| Bojangles | 0000 Xxxxxx Xxxxx | Xxxxxx (Xxxxxxx) | XX | Gwinnett and Hall | ARC BJBUFGA001, LLC |
| Bojangles | 0000 Xxxxxxx Xxxx | Xxxxxxx Xxxxx | XX | Catawba | ARC BJGRFNC001, LLC |
| Bojangles | 317 S1oIuth CenIter StIreet | HildebIraIn I (H ickolry) | INC | CatawIba | X0XX XXXXXX X00000XXX |
| Xxxxxxxxx | 0000 Xxxxxxxxxxx Xxxxx | Xxxx Xxxxx | XX | Guilford | ARC BJHPTNC001, LLC |
| Bojangles | 000 Xxxx Xxxxxxxx Xxxxxx | Xxxxxxxx | XX | Xxxx | ARC BJHWLNC001, LLC |
| Bojangles | 00000 Xxxxxxxxx Xxxxxxx | Xxxxx | XX | Spartanburg | ARC BJINMSC001, LLC |
| Bojangles | 0000 Xxxx Xxxx Xx. | Xxxxxxxxxx | XX | Lincoln | ARC BJLNCNC001, LLC |
| Bojangles | 0000 XxXxxxxxx Xxxxx | Xxxxxxxxx | XX | Tuscaloosa | ARC BJNPTAL001, LLC |
| Bojangles | 0000 Xxxxxxx Xxxx | Xxxxxxxx | XX | Xxxxxxxx and Greenville | ARC BJPDNSC001, LLC |
| Bojangles | 000 Xxxxxxxxxxxx Xxxx | Xxxxxxx | XX | Xxxx | ARC BJRFDNC001, LLC |
| Bojangles | 0000 Xxxxxxxx Xxxxxx | Xxxxxxxxxxx | XX | Davidson | ARC BJTSVNC001, LLC |
| Bojangles | 0000 Xxxxxxxxxxx xxxxxxx Xxxxxx | Xxxxxxxxxx | XX | Forsyth | ARC BJWKTNC001, LLC |
| Schedule 4.01 |
| Bridgestone Xxxxxxxxx - | |||||
| Xxxxxxxx | 000 Xxx Xxxxxx Xxxxx | Xxxxxxxx | XX | Nevada | ARC BSPSCAR001, LLC |
| ConAgra Data Center | 0000 Xxxxx Xxxxxxxxxxxxxx Xxxxx | Xxxxx | XX | Xxxxxxx | ARC CAOMHNE001, LLC |
| Coats & Xxxxx | 000 Xxxxx Xxxxx | Xxxxxx | XX | Xxxxxxxxx | ARC CCALBGA001, LLC |
| CVS | 000 Xxxxxxxx Xxxxx | Xxxxxx | XX | Albany | ARC CVCHSNY001, LLC |
| CVS | 000 XX 0xx Xxx., XX Xxxxxxx 0 | Xxxxxx Xxxxx | XX | Palm Beach | ARC CVDRYFL001, LLC |
| CVS Roanoke Rapids | 0000 Xxxx 00xx Xxxxxx | Xxxxxxx Xxxxxx | XX | Halifax | ARC CVRKRNC001, LLC |
| DaVita Dialysis | 0000 Xxxxxxx Xxxxx | Xxxxxxxxx | XX | Xxxxxxx | XXX XXXXXXX000, LLC |
| DaVita Dialysis | 6002 Xxxx Weevil Cirle | Enterprise | AL | Coffee and Xxxx | ARC DDENTAL001, LLC |
| DaVita | 0000 Xxx Xxxxxxxxx Xxxx | Xxxxxxxxxxxx | XX | Bucks | ARC DDSLVPA001, LLC |
| Danfoss | Loves Park Corporate Center | Loves Park | IL | Winnebago | ARC DFLVPIL001, LLC |
| Dillons | 0000 Xxxxx Xxxxxxxx Xxxxxx | Xxxxxxx | XX | Sedgwick | ARC DFWCHKS001, LLC |
| Dollar General | 0000 Xxxxx Xxxxx Xxxxxx | Xxxxxxxxx | XX | Xxxxxxxxxx Xxxxxx | ARC DGABBLA001, LLC |
| Dollar General | 00000 XX Xxx 00 | Xxxxxxxxx | XX | Xxxxxxxxx | ARC DGADLAL001, LLC |
| Dollar General | 0000 X-00 Xxx | Xxxxxxx | XX | Emmet | ARC DGALSMI001, LLC |
| Dollar General | 000 Xxxxxxx Xxx. | Xxxxxxx | XX | Wexford | ARC DGBKYMI001, LLC |
| Dollar General | 000 Xxxxx Xxxxxxxxxx Xx. | Xxxxxx | XX | Xxxxxxxxx | XXX XXXXXXX000, LLC |
| Dollar General | 00 Xxxx Xxxxxx Xx. | Xxxxxxxxxxx | XX | Xxxxxxxx | XXX XXXXXXX000, LLC |
| Dollar General | 00 Xxx Xxxxx Xxxxx | Bonne Terre | MO | Xx. Xxxxxxxx | XXX XXXXXXX000, LLC |
| Dollar General | 000 0xx Xxx. XX | Xxxxxxxx | XX | Xxxxxxxxx | ARC DGBSMAL001, LLC |
| Dollar General | 0000 Xxx 00 | Xxxxxxxx | XX | Pulaski | ARC DGBSNKY001, LLC |
| Dollar General | PT 34-19-12 VCI | Xxxxxx | IL | Vermilion | ARC DGCATIL001, LLC |
| Dollar General | 000 X. Xxxx Xx. | Xxxx Xxxx | XX | Xxxxxx | ARC DGCCPMO001, LLC |
| Dollar General | 0000 XX 00 | Xxxxxxxxxx | XX | Xxxxxx | ARC DGCDNOH001, LLC |
| Dollar General | S. Main Street | Columbia | IL | Monroe | ARC DGCLBIL001, LLC |
| Dollar General | 0000 X. Xxxxxxxx Xxxxxx | Xxxxxxx | XX | Lenawee | ARC DGCNTMI001, LLC |
| Dollar General | 0000 Xxxxx Xx. | Xxxxxx Xxxxxxx | XX | Nueces | ARC DGCPCTX001, LLC |
| Schedule 5.01 |
| Dollar General | 00000 Xxxxxxxx Xxx | Xxxxxxxx | XX | Manistee | ARC DGCPMMI001, LLC |
| Dollar General | N2 Lot 2 NE4 SE4 | Cerro Gordo | IL | Xxxxx | ARC DGCRGIL001, LLC |
| Dollar General | 00 Xxxxxx Xx. 000 | Xxxxxxxxxx | XX | DeKalb | ARC DGCVLAL001, LLC |
| Dollar General | 000 Xxxxxx Xxxxxxx Xxx | Xxxxxx | XX | Xxxx | ARC DGDRNKY001, LLC |
| Dollar General | 1804 Ridge RdN | DEIMMEI | LEI El | LIWIMEIMERENEIDIFEEI Gov't |
ARC XXXXX XX000, LLC |
| Dollar General | 0000 Xxxxxxxxxx Xxx | Xxxxxx | XX | Xxxxxxxxxx | ARC DGDTNOH001, LLC |
| Dollar General | 000 X. Xxxxxxxx Xxx. | Xxxx | XX | Xxxxxxx | XXX XXXXXXX000, LLC |
| Dollar General | 000 Xxxxx Xxxxx | Xxxxxxx | XX | Xxxxxx Xxxxxx | ARC DGFLRLA001, LLC |
| Dollar General | 000 Xxxx Xxxx Xx. | Xxxxxxx | XX | Xxxxxx | ARC DGFYTOH001, LLC |
| Dollar General | 000 X Xxxxx Xxxxxx | Xxxxxxx | XX | Gladwin | ARC DGGDNMI001, LLC |
| Dollar General | 0000 X. Xxxx to Market 0000 | Xxxxxxx Xxxxxx | XX | Burnet | ARC DGGNSTX001, LLC |
| Dollar General | 000 Xxxx Xxxx Xx. | Xxxxxxxx | XX | Xxxxxxxxx | ARC DGIWNGA001, LLC |
| Dollar General | 0000 XX Xxx 00 | Xxxxxxx | XX | Cape Girardeau | ARC DGJSNMO001, LLC |
| Dollar General | 00000 Xxx 00 | Xxxxxx | XX | Xxxxxx | ARC DGJSPAL001, LLC |
| Dollar General | 0000 Xxx 000 | Xxxxxx | XX | Xxxxxx | ARC DGJSPAL002, LLC |
| Dollar General | 0000 Xxxxxx Xx. | Xxxxxx | XX | Xxxxxx | ARC DGJSPAL003, LLC |
| Dollar General | 00000 XX 000 | Xxxxxxxx | XX | Xxxx | ARC DGKGNOH001, LLC |
| Dollar General | 000 X . XxXxxxxxxxx Xxx. | XxxxxxXxxx | XX | LIafayette ConsolidIatedEI Gov't |
ARC DGLFTLA001I LLC |
| Dollar General | 0000 Xxx 00 | Xxxxxx Xxxx | XX | Xxxxxx | ARC DGLRHFL001, LLC |
| Dollar General | 000 Xxxxxxxx Xxxxxx | Xxxxxxxxxx | XX | Hillsdale | ARC DGLTCMI001, LLC |
| Dollar General | 0000 Xxx 00 | Xxxxxxxxx | XX | St. Landry Parish | ARC DGLVLLA001, LLC |
| Dollar General | 000 X. Xxxxxxxx Xxx. | Mancelona | MI | Antrim | ARC DGMCLMI001, LLC |
| Dollar General | 00000 XX Xxx 000 | Xxxxxxxx | XX | St. Landry Parish | ARC DGMLVLA001, LLC |
| Dollar General | 000 0xx Xx. | Xxxxxxxxx | XX | Xxxxxx Xxxxxx | ARC DGMMTLA001, LLC |
| Dollar General | 0000 Xxxxxxx Xxxxxx | Xxxx Xxxxxx | XX | Xxxxxxxx Xxxxxx | ARC DGMNRLA001, LLC |
| Dollar General | 00000 XX 00 | Xxxxx Xxxx | XX | Xxxxxxxx | XXX XXXXXXX000, LLC |
| Schedule 6.01 |
| Dollar General | 0000 000xx Xx. | Xxxxxxxx | XX | Xxx | ARC DGMTSIA001, LLC |
| Dollar General | 000 Xxxxxx Xx | Xxxxx Xxxxxxxx | XX | Muskegon | ARC DGNMKMI001, LLC |
| Dollar General | 0000 Xxxxxxxxxxx Xx. | Xxxxxxxx | XX | Xxxxxxxxx | XXX XXXXXXX000, LLC |
| Dollar General | 000 Xxxxx Xxxxxx | Xxx Xxxxxx | XX | Ottawa | ARC DGOKHOH001, LLC |
| Dollar General | 00 Xxx Xx. 621 | Opelika | AL | Xxx | ARC DGOLKAL001, LLC |
| Dollar General | 0000 Xxx 000 | Xxxxxxxxx | XX | St. Landry Parish | ARC DGOLSLA001, LLC |
| Dollar General | 000 Xxxxxx Xxxxx Xxxx. | Xxxxxxx | XX | Jasper | ARC DGOROMO001, LLC |
| Dollar General | 0000 Xxxx Xxxxxx | Xxxxxxxx | XX | Xxxxxxxxxx | ARC DGPNKMI001, LLC |
| Dollar General | 00000 Xxxxxxx 00 | Xxxx Xxxxxxx | XX | Xxxxxxxxxx Xxxxxx | ARC DGPVTLA001, LLC |
| Dollar General | 0000 X. Xxx 00 | Xxxxx Xxxx | XX | Xxxxxxxx | ARC DGQNCMO001, LLC |
| Dollar General | 0000 Xxxxxxx 0 | Xxxxxxxx | XX | Xxxxxxxxxxxx Xxxxxx | ARC DGRBLLA001, LLC |
| Dollar General | 0000 Xxx Xxxxxxxx Xx. | Xxx Xxxxxxx | XX | Xxxxx | XXX XXXXXXX000, LLC |
| Dollar General | 0000 Xxxxxx Xxxxxx Xxx | Xxxxxxxxx | XX | Xxxxxx | ARC DGSBTTN001, LLC |
| Dollar General | 000 X. Xxxx Xxxxxx | Xxxxxxxx | XX | Montcalm | ARC DGSHNMI001, LLC |
| Dollar General | 0000 Xxx 00 | Xxxxxx | XX | Xxxxxx | ARC DGSLBAL001, LLC |
| Dollar General | 000 Xxxxx XX Xxxxxxx 00 | Xxx Xxxxx | XX | Xxxxxx | ARC DGSMTFL001, LLC |
| Dollar General | 0000 Xxxxxx Xxxxx Xx. | Xxxxxx Xxxxx | XX | Xxxxxxx | ARC DGSPHMI001, LLC |
| Dollar General | 0000 Xxxxxx Xxxx 000 | Xxxxxx Xxxxxxx | XX | Xxx | ARC DGSSTAL001, LLC |
| Dollar General | 000 X. Xxxxx Xx. | Xx Xxxxx | XX | Xxxxxxx | ARC DGSTJMI001, LLC |
| Dollar General | 000 Xxxxxx Xx. | Xxxxxxx | XX | Xxxxxx | ARC DGSVLOH001, LLC |
| Dollar General | 00 Xxxxxx Xx. | Xxxxxxx | XX | Xxxxxxx | ARC DGTBYAL001, LLC |
| Dollar General | 00000 X-00 | Xxxxxxxx | XX | Xxxxxxx | ARC DGTKSMI001, LLC |
| Dollar General | 00000 Xxx 000 | Xxxxxxxxxx | XX | Xxxxxx | ARC DGUVLMO001, LLC |
| Dollar General | 00000 Xxxxxxxx Xxx | Xxxxxxxx | XX | Manistee | ARC DGWLLMI001, LLC |
| Dollar General | 0000 Xxxxx Xxxxxx | Xxxxxxxx | XX | Black Hawk | ARC DGWTLIA001, LLC |
| FedEx Ground | 0000 Xxxxxxx Xxxxx Xxxx | Xxxxxxxxx | XX | Baltimore | ARC FEBTMMD001, LLC |
| FedEx Ground | 0000 Xxxx Xxxxxxx Xxxxxx | Xxxxxx | XX | Xxxxx | ARC FECNTOH001, LLC |
| Schedule 7.01 |
| FedEx Ground | 000 Xxxx Xxxx | Xxxxxxxxxx | XX | Rensselaer | ARC FEEGBNY001, LLC |
| FedEx Custom Critical | 0000 Xxxxxxxx Xxxx | Xxxxx | XX | Summit | ARC FEGRNOH001, LLC |
| FedEx Ground | 00000 Xxxxx 0xx Xxx. | Xxxxx Xxxxxxx | XX | Maricopa | ARC FENPXAZ001, LLC |
| FedEx Ground | 0000 Xxxxxxxx Xxxxxx | Xxxxxxx | XX | Saginaw | ARC FESAGMI001, LLC |
| FedEx Ground | 0000 Xxxxxxxxx Xxxxx | Xxxxxxx | XX | Xxxxxxx | ARC FESHRTX001, LLC |
| FedEx Ground | 00 Xxxxx Xxxxxxx Xxxx | Xxxxxxx | XX | Grafton | ARC FEWLBNH001, LLC |
| GSA - Customs & Border Patrol | 0000 Xxxxx Xxxxx 00 | Xxxxxx (Burke) | NY | Xxxxxxxx | ARC GSBRKNY001, LLC |
| GSA - FBI | 0000 Xxxxxx Xxxxxxxxx | Xxxxxxxxxxx | XX | Cameron | ARC GSBRNTX001, LLC |
| GSA - Army Command Center | 0000 X. Xxxxxxx Xxxx | Xxxxxxxx Xxxxxxx | XX | El Paso | ARC GSCOSCO001, LLC |
| GSA - SSA | 0000 Xxxxx Xxxxx Xxxxxxxx | Xxxxxx | XX | Dallas | ARC GSDALTX001, LLC |
| GSA - DEA | 0000 Xxxxx 000 X | Xxxxx Xxxx | XX | Xxxxxxxx | XXX XXXXXXX000, LLC |
| GSA - SSA | 000 Xxxxxx Xxxx | Xxxxxxxxx | XX | Xxxx | ARC GSKNXTN001, LLC |
| GSA - VA Clinic | 9912 & 0000 Xxxxxx Xxxx | Xxx Xxxx Xxxxxx | XX | Pasco | ARC GSNPRFL001, LLC |
| GSA - Social Security Admin | 0000 Xxxx Xxxx Xxxx | Xxxxx | XX | Xxxxx | ARC GSPARTX001, LLC |
| GSA - US Treasury | 000 Xxxxxx Xxxxxxxxxx Xxxx Xxxxx | Xxxxxxxxxxx | XX | Wood | ARC GSPARWV001, LLC |
| GSA - USDA | 0000 Xxxxxx Xxxxxxx | Xxxxxxx | XX | Shasta | ARC GSREDCA001, LLC |
| GSA - DEA | 0000 Xxxxxxx Xxxxxx | Xxxxx Xxxx | XX | Woodbury | ARC GSSCYIA001, LLC |
| GSA - Dept of Interior | 000 Xxxxx Xxxxxxx 00 | Xxxxxx Xxxxx | XX | Cochise | ARC GSSVAAZ001, LLC |
| First Niagara Bank - | |||||
| Harleysville | 000 Xxxx Xxxxxx | Xxxxxxxxxxxx | XX | Xxxxxxxxxx | ARC HVHVPA0001 GP LLC |
| First N iagara Ban k | 000 Xxxxxxxxx Xxxx | Xxxxxxxxx | XX | Carbon | ARC HVLHNPA001 GP LLC |
| First Niagara Bank | 0000 X Xxxxx Xxxx | Xxxxxxxx | XX | Xxxxxxxxxx | ARC HVLNDPA001 GP LLC |
| First Niagara Bank | 0000 X. Xxxxx Xxxxxx | Xxxxxxxx | XX | Xxxxxxxxxx | ARC HVLNDPA002 GP LLC |
| First Niagara Bank | 000 X Xxxxx Xxxx | Xxxxxxxx | XX | Xxxxxxxxxx | ARC HVLRKPA001 GP LLC |
| First Niagara Bank | 00-00 X. Xxxxx Xxxx | Xxxxxxxx | XX | Carbon | ARC HVLSDPA001 GP LLC |
| First Niagara Bank | 000 Xxxxxxxx Xxx | Xxxxxxxxx | XX | Carbon | ARC HVPMTPA001 GP LLC |
| Schedule 8.01 |
| First Niagara Bank | 0000-00 X Xxxxxxxxx Xxxx | Xxxxxx Xxxxx | XX | Xxxxxxxxxx | ARC HVSGHPA001 GP LLC |
| First Niagara Bank | 0 X. Xxxxxx Xxxxxx | Xxxxxx Xxxx | XX | Carbon | ARC HVSHPA0001 GP LLC |
| First Niagara Bank | 0000 Xxxxxxxx Xxxx | Xxxxxxxx | XX | Xxxxxxxxxx | ARC HVSPKPA001 GP LLC |
| First Niagara Bank | 000-000 Xxxx Xxxxxx | Xxxxxxxxxx | XX | Lehigh | ARC HVSTNPA001 GP LLC |
| First Niagara Bank | 000 Xxxx Xxxxxx | Xxxxxxxxxx | XX | Lehigh | ARC HVSTNPA002 GP LLC |
| First Niagara Bank | 000 X. Xxxx Xxxxxx | Xxxxxxxxxxxx | XX | Bucks | ARC HVSVPA0001 GP LLC |
| First Niagara Bank | 0000 Xxxxxx Xxxxx | Xxxxxxxxxx | XX | Northampton |
LO ARC H PTPA001 GP LLO[ |
| First Niagara Bank | 0000 Xxxxx Xxxx Xxxx | Xxxxxxxxxx | XX | Berks | ARC HVWYMPA001 GP LLC |
| IHOP | 0000 Xxxxxxx Xx. | Xxxxx Xxxxx | XX | E. Baton Rouge Parish | ARC IHBRGLA001, LLC |
| IHOP | 000 Xxxxxxxxx Xx. XX | Xxxxx | XX | Xxxxxx | ARC IHSAL0R001, LLC |
| Jared Jewelry | 0000 Xxxxxxx Xxxxx XXXX | Xxxxxxx | XX | Erie | ARC JJAMHNY001, LLC |
| Jared Jewelry | Xx 000 xxx Xxx Xxxxxxxx Xx | Xxxx Xxxxx | XX | Suffolk | ARC JJLKGNY001, LLC |
| Jared Jewelry* | 000 Xxxxxx Xxxxx | Xxxxxxxx | XX | Plymouth | ARC JJPLYMA001, LLC |
| Jared Jewelry* | 0000 Xxxxx 00 | Xxxxxxxx | XX | Somerset | ARC JJWATNJ001, LLC |
| Kum and Go II | 000 X. 0xx Xxxxxx | Xxxxx | XX | Xxxxx | ARC KGADRIA001, LLC |
| Kum and Go | 0000 Xxxx Xxxxxxxx Xxxxxx | Xxxxxxx | XX | Polk | ARC KGBLVMO001, LLC |
| Kum and Go | 0000 Xxxxx Xxxxxxxxxxx Xxx | Xxxxxxx | XX | Polk | ARC KGBLVMO002, LLC |
| Kum and Go | 000 Xxxx Xxx Xxxx Xxxx | Xxxx Xxxxx | XX | Xxxxxx | ARC KGFGRMO001, LLC |
| Kum and Go | 000 Xxxx Xxxxxx | Xxxxxxxxx | XX | Taney | ARC KGHLSMO001, LLC |
| Kum and Go | 000 Xxxx XX Xxxxxxx 00 | Xxxxxx | XX | Xxxxx | ARC KGMNTMO001, LLC |
| Kum and Go II | 00000 000xx Xxxxxx | Xxxxx | XX | Pottawattamie | ARC KGNLAIA001, LLC |
| Kum and Go | 0000 Xxxx Xxxxxxx Xxxxxx | Xxxxxxxxxxx | XX | Xxxxxx | ARC KGSPFMO001, LLC |
| Kum and Go | 0000 Xxxx Xxxxxxxx Xxxx | Xxxxxxxxxxx | XX | Xxxxxx | ARC KGSPFMO002, LLC |
| Kum and Go | 000 Xxxxx Xxxxxxxxx Xxxxxx | Xxxxxxxxxxx | XX | Xxxxxx | ARC KGSPFMO003, LLC |
| Kum and Go | 0000 Xxxxx Xxxxxxxx Xxxxxx | Xxxxxxxxxxx | XX | Xxxxxx | ARC KGSPFMO004, LLC |
| Kum and Go | 0000 Xxxx Xxxxx Xxxxxx | Xxxxxxxxxxx | XX | Xxxxxx | ARC KGSPFMO005, LLC |
| Kum and Go | 0000 Xxxx Xxxxxxxx Xxxxxxxxxx | Xxxxxxxxxxx | XX | Xxxxxx | ARC KGSPFMO006, LLC |
| Schedule 9.01 |
| Kum and Go | 000 Xxxxx Xxxxxx Xxxxxxxxxx | Xxxxxxxxxxx | XX | Xxxxxx | ARC KGSPFMO007, LLC |
| Kum and Go | 0000 Xxxx Xxxxxxx Xx | Xxxxxxxxxxx | XX | Xxxxxx | ARC KGSPFMO008, LLC |
| Kum and Go | 000 Xxxxxx Xxxxxx | Xxxxxxxxxxx | XX | Pulaski | ARC KGWYVMO001, LLC |
| Lowe's | 0000 Xxxxx Xxxxxxx Xxxx | Xxxxxxx | XX | Richmond | ARC LWAUGGA001, LLC |
| Mrs Bairds | 0000 Xxxxxxx Xxxxxxx | Xxxxxxxx Xxxx | XX | Oklahoma | ARC MBOKCOK001, LLC |
| Mrs Bairds | 0000 Xxxx Xxxxx Xxxx Xxxxx | Xxxxxxx | XX | Xxxxxxx | XXX XXXXXXX000, LLC |
| National Tire & Battery | 0000 Xxxxxxx Xxxx | Xxxxxxxxxxxx | XX | Xxxxxxx | ARC NTDLVGA001, LLC |
| National Tire & Battery | 000 Xxxxxx X. Xxxxxx Xxxx | Xxxxxxxx | XX | Xxxx | ARC NTKNSGA001, LLC |
| National Tire & Battery | 000 Xxxxxxxx Xxxx Xx XX | Xxxxxxx | XX | Gwinnett | ARC NTLBNGA001, LLC |
| X'Xxxxxx Auto Parts -2 Pack MI | 0000 Xxxxx Xxxxxxx | Xxxxx Xxxxx | XX | Saginaw | ARC ORBVAMI001, LLC |
| X'Xxxxxx Auto Parts | 00000 Xxxxxxxxx Xxxxxxx | Xxxxxxxxx | XX | Macomb | ARC ORRSVMI001, LLC |
| X'Xxxxxx Auto Parts -2 Pack MI | 0000 Xxxxx Xxxxxx | Xxxxxxx | XX | Saginaw | ARC ORSGNMI001, LLC |
| X'Xxxxxx Auto Parts | 0000 Xxxxxxxxx Xxxx Xxxx | Xxxxxxxxx | XX | Oakland | |
| ARC ORWFDMI001, LLC | |||||
| Pep Boys Pep Boys | 0000 Xxxx Xxxxxx Xxxx | Xxx Xxxxx | XX | Xxxxx | ARC PBLVGNV001, LLC |
| Pep Boys PetSmart Distribution | 000 X. Xxxxx Xxxx | Xxxxx Xxxxx | XX | Xxxxxxxxxx | ARC PBNWLPA001, LLC |
| Renal Advantage Dialysis Center | 000 Xxxx Xxxxxxx Xxx | Xxxxxxxx | XX | Xxxxxxx | ARC PBSTKCA001, LLC |
| Renal Advantage Dialysis Center | 000 X Xxxxxxxxx Xxxx | Xxxxxx | XX | LaSalle | ARC PMOTTIL001, LLC |
| Renal Advantage Dialysis Center | 0000 Xxxxxxxx Xxxxx | Xxxxxxx | XX | Richmond | ARC RNAUGGA001, LLC |
| Renal Advantage Dialysis Center | 000 Xxxxxxx Xxxxx | Xxxxxxx | XX | Xxxxxxx | ARC RNDKSTN001, LLC |
| Renal Advantage Dialysis Center | 0000 Xxxxxxxx Xxxxxxx | Xxxxxx Xxxx | XX | Wyandote | ARC RNKSCKS001, LLC |
| Renal Advantage Dialysis Center | 0000 Xxxxx Xxxxxx | Xxxxxxx | XX | Shelby | ARC RNMPHTN001, LLC |
| Renal Advantage Dialysis Center | 000 Xxxxxx Xxxx | Xxxxx Xxxxxxx | XX | Aiken | ARC RNNAUSC001, LLC |
| Renal Advantage Dialysis Center | 000 Xxxxxxx Xxxxxx | X ew CaIstle | IN | H enry | ARC RN N CSIN 001, LLC |
| Schedule 10.01 |
| Renal Advantage Dialysis Center | 0000 Xxxx Xxxx | Xxxxxxx | XX | Shelby | ARC RNSMPTN001, LLC |
| Renal Advantage Dialysis Center | 0000 Xxxxx Xxxxxxxxx Xxxxxx | Xxxxxxxx | XX | Lowndes | ARC RNSVLGA001, LLC |
| Renal Advantage Dialysis Center | 0000 Xxxxx Xxx | Xxxxxxxx | XX | Lowndes | ARC RNVLDGA001, LLC |
| 7-Eleven | 0000 Xxxx Xxxxx Xxxx 00 | Xxxxxxxxx | XX | Manatee | ARC SEBRDFL001, LLC |
| 7-Eleven | 00000 XX Xxxxxxx 000 | Xxxxx Xxxx | XX | Lake | ARC SEMTDFL001, LLC |
| Trader Joe's - Portland | 00 Xxxxxxxx Xxx | Xxxxxxxx | XX | Cumberland | ARC TJPTLME001, LLC |
| Tops | 0000 Xxxxx Xxxxxx | Xxxxxxxxxxx | XX | Ontario | ARC TPCANNY001, LLC |
| Tractor Supply | 0000 X Xxxx Xx | Xxxxxxxx | XX | Xxxxxxxx | ARC TSFRCSC001, LLC |
| Tractor Supply - Kalamazoo | 0000 Xxxx Xxxx | Xxxxxxxxx | XX | Kalamazoo | ARC TSKMZMI001, LLC |
| Tractor Supply | 0000 Xxxxxxxx Xx | Xxxxxxx | XX | Xxxxxx | ARC TSMDNGA001, LLC |
| Tractor Supply | 000 Xxxxxxx Xxxxxx | Xxxxxxxxx | XX | New London | ARC TSPTKCT001, LLC |
| USPS | 0000 Xxxx 00xx Xxxxxx | Xxxxxxxxxxx | XX | Hennepin | ARC USMNEMN001, LLC |
| VA Clinic | 0000 Xxxxxx Xxxxxxxxx Xxxxxx | Xxxxxxxx | XX | Canyon | ARC VACLDID001, LLC |
| Walgreens | 0000 Xxxx Xxxxxxx Xx. | Xxxxxxx | XX | Xxxx | ARC WGACWGA001, LLC |
| Walgreens VII | 0000 Xxxx Xxxx | Xxxxxx | XX | Erie | ARC WGANGNY001, LLC |
| Walgreens (NY) | 0000 Xxxxxx X | Xxxxxxxx | XX | New York City | ARC WGBKLNY001 LLC |
| Walgreens (NY) | 0000 Xxxxx Xxxxxx Xxxxxx | Xxxxxxxx | XX | New York City | ARC WGBKLNY002 LLC |
| Walgreens | 0000 Xxxxxxxxxx Xxxxxx | Xxxxxxx | IN | Elkhart | ARC WGELKIN001, LLC |
| Walgreens | 000 Xxxxxxxx Xxxxx Xxxxx | Xxxxxx | XX | Xxxxx | ARC WGFSTMS001, LLC |
| Walgreens | 000 Xxxxxxxx Xxxx | Xxxxxx Xxxxxxx | XX | Xxxxxxx | ARC WGLSPGA001, LLC |
| Walgreens | 000 Xxxxxxxx Xxxxxx | Xxxxxx Xxxx | XX | Xx. Xxxx Xxxxxx | ARC WGMRCLA001, LLC |
| Walgreens (NY) | 000 Xxxx Xxxx Xxxxxx | Xxxxxxxxx | XX | Suffolk | ARC WGPTHNY001 LLC |
| Walgreens (NY) | Hillside Ave & 175th St | Queens | NY | Jamaica | ARC WGQNSNY001 LLC |
| Walgreens (NY) | 0000 Xxxxxxx Xxxx | Xxxxxxxx | XX | New York City | ARC WGQNSNY002 LLC |
| Walgreens (NY) | 0000 Xxxxxx Xxxxxx | Xxxxxxxx | XX | New York City | ARC WGQNSNY003 LLC |
| Schedule 4.01 |
|
Wal-Mart Whirlpool Citizens Citizens |
000 Xxxxxxx Xxxxx 0000 Xxxxxx-Xxxxxxxxxxxx Xxxx 0000 Xxxxx Xxxxxx Xxx. 0000 Xxxxx Xxxxxx Xxx. |
Ebensburg Xxxxxx Xxxxxxxx Oak Lawn |
PA IL |
Cambria Xxxx |
ARC WMEBBPA001, LLC CRE JV Mixed Five IL 1 Branch Holdings |
| Schedule 4.01 |
SCHEDULE 6.06
LITIGATION
None
Schedule 6.6
SCHEDULE 6.09
ENVIRONMENTAL MATTERS
As disclosed in the Environmental Reports delivered to the Lenders
Schedule 6.09
SCHEDULE 6.13
SUBSIDIARIES AND
OTHER EQUITY INVESTMENTS
AND EQUITY INTERESTS IN EACH PROPERTY OWNER
| ARC AADUNNY001, LLC | ARC ARRTDNY001, LLC | ARC BFOKCOK001, LLC |
| ARC AAHARAL001, LLC | ARC ARSPHFL001, LLC | ARC BFOWAOK001, LLC |
| ARC AALAFLA001, LLC | ARC ARVCTTX001, LLC | ARC BFPRLTX001, LLC |
| ARC AAROKMI001 LLC | ARC ATMTPSC001, LLC | ARC BFRKWTX001, LLC |
| ARC AASDLLA001, LLC | ARC AZCLBSC001 LLC | ARC BFTULOK001, LLC |
| ARC AAVICMS0001, LLC | ARC AZGYAPR001, LLC | ARC BFWCHKS001, LLC |
| ARC AAWMNLA001, LLC | ARC AZHUMPR001, LLC | ARC BFWTFTX001, LLC |
| ARC ARABLOH001, LLC | ARC AZPONPR001, LLC | ARC BFYKNOK001, LLC |
| ARC ARABRNC001, LLC | ARC AZSNJPR001, LLC | ARC BJBBGSC001, LLC |
| ARC ARBYCMI001, LLC | ARC BBFTMFL001, LLC | ARC BJBUFGA001, LLC |
| ARC DGFLRLA001, LLC | ARC BFABQNM001, LLC | ARC BJGRNFNC001, LLC |
| ARC ARCBYPA001, LLC | ARC BFALLTX001, LLC | ARC BJHLBNC001, LLC |
| ARC ARCTDNY001, LLC | ARC BFAUSTX001, LLC | ARC BJHPTNC001, LLC |
| ARC ARGIDNE001, LLC | ARC BFBENAR001, LLC | ARC BJHWLGA001, LLC |
| ARC ARHDNFL001, LLC | ARC BFBRGLA001, LLC | ARC BJINMSC001, LLC |
| ARC ARKTGOH001, LLC | ARC BFCHSVA001, LLC | ARC BJLNCNC001, LLC |
| ARC ARMLNSC001, LLC | ARC BFCRWTX001, LLC | ARC BJNPTAL001, LLC |
| ARC AROCTNY001, LLC | ARC BFDRDMO001, LLC | ARC BJPDNSC001, LLC |
| ARC ARPBLCO001, LLC | ARC BFEDMOK001, LLC | ARC BJRFDNC001, LLC |
| ARC ARPCLFL001, LLC | ARC BFGRJCO001, LLC | ARC BJTSVNC001, LLC |
| ARC ARPHRFL001, LLC | ARC BFLGCTX001, LLC | ARC BJWKTNC001, LLC |
| ARC ARPQAOH001, LLC | ARC BFMDBFL001, LLC | |
| ARC ARRLDMS001, LLC | ARC BFMWKWI001, LLC | |
| ARC BFNRFNJ001, LLC |
Schedule 7.13
| ARC BSLBCCA001, LLC | ARC CVPHXAZ001, LLC | ARC DGDBMOH001 LLC |
| ARC BSPSCAR001, LLC | ARC CVPRACA001, LLC | ARC DGDRNKY001 LLC |
| ARC CAMBR BSPL, LLC | ARC CVRKRNC001, LLC | ARC DGDSNLA001 LLC |
| ARC CAMBR FESACCA, LLC | ARC CVRNONV001, LLC | ARC DGDTNOH001 LLC |
| ARC CAMBR RB LLC | ARC CVROMGA001, LLC | ARC DGELSTX001 LLC |
| ARC CAOMHNE001, LLC | ARC CVSMYGA001, LLC | ARC DGFYTOH001 LLC |
| ARC CCALBGA001, LLC | ARC CVVISCA001, LLC | ARC DGGDNMI001 LLC |
| ARC CHCARIL001, LLC | ARC CVWILNY001, LLC | ARC DGGLLIL001, LLC |
| ARC CHNLKIL001, LLC | ARC CVWKTNC001, LLC | ARC DGGNSTX001 LLC |
| ARC CPSTPNY001, LLC | ARC DDABBSC001, LLC | ARC DGHLDFL001, LLC |
| ARC CPSTPNY001, LLC | ARC DDBLKID001, LLC | ARC DGIWNGA001 LLC |
| ARC CPSTPNY001, LLC | ARC DDENTAL001, LLC | ARC DGJKVFL001, LLC |
| ARC CVASHNC001, LLC | ARC DDLNCNE001, LLC | ARC DGJSNMO001 LLC |
| ARC CVAUBAL001, LLC | ARC DDOKMOK001, LLC | ARC DGJSPAL001 LLC |
| ARC CVBIDME001, LLC | ARC DDSHRLA001, LLC | ARC DGJSPAL002 LLC |
| ARC CVBPKMN001, LLC | ARC DDSLVPA001, LLC | ARC DGJSPAL003 LLC |
| ARC CVCHAAZ001, LLC | ARC DDWLMNC001, LLC | ARC DGKGNOH001 LLC |
| ARC CVCHHMI001, LLC | ARC DFLVPIL001, LLC | ARC DGLFTLA001 LLC |
| ARC CVCHIIL001, LLC | ARC DFLWRKS001, LLC | ARC DGLKCLA001 LLC |
| ARC CVCHIL002,LLC | ARC DFWCHKS001, LLC | ARC DGLRHFL001 LLC |
| ARC CVCHSNY001 LLC | ARC DGABBLA001, LLC | ARC DGLTCMI001, LLC |
| ARC CVCOLSC001, LLC | ARC DGADLAL001 LLC | ARC DGLVLLA001 LLC |
| ARC CVCOPTX001, LLC | ARC DGALSMI001, LLC | ARC DGMCLMI001, LLC |
| ARC CVCRDNC001, LLC | ARC DGBKYMI001, LLC | ARC DGMLVLA001 LLC |
| ARC CVCSTIN001, LLC | ARC DGBMTTX001 LLC | ARC DGMMTLA001 LLC |
| ARC CVDECGA001, LLC | ARC DGBNTMO001 LLC | ARC DGMNRLA001, LLC |
| ARC CVDRYFL001, LLC | ARC DGBSMAL001 LLC | ARC DGMNVIN001 LLC |
| ARC CVEELGA001, LLC | ARC DGBSNKY001 LLC | ARC DGMRSIL001, LLC |
| ARC CVGNVFL001, LLC | ARC DGCATIL001, LLC | ARC DGMTATX001 LLC |
| ARC CVHLSNC001, LLC | ARC DGCCPMO001 LLC | ARC DGMTSIA001 LLC |
| ARC CVHSVMO001, LLC | ARC DGCDNOH001 LLC | ARC DGMTZIL001, LLC |
| ARC CVJKVFL001, LLC | ARC DGCLBIL001, LLC | ARC DGNMKMI001, LLC |
| ARC CVKGCVA001, LLC | ARC DGCNTMI001 LLC | ARC DGNPTOH001 LLC |
| ARC CVMOLIL001, LLC | ARC DGCPCTX001 LLC | ARC DGOKHOH001 LLC |
| ARC CVNVLMI001, LLC | ARC DGCPMMI001, LLC | ARC DGOLKAL001 LLC |
| ARC DGCRGIL001, LLC | ARC DGOLSLA001 LLC | |
| ARC DGCVLAL001 LLC | ||
| ARC DGOROMO001 LLC | ARC DGPNKMI001 | LLC ARC DGPVTLA001, |
Schedule 8.13
| LLC ARC DGQNCMO001 | ARC FELSVKY001, LLC | ARC HVLSDPA001 LP |
| LLC ARC DGRBLLA001, | ARC FENPXAZ001 LLC | ARC HVPMTPA001 LP |
| LLC ARC DGSATTX001 | ARC FESACCA001, LLC | ARC HVSGHPA001 LP |
| LLC ARC DGSBTTN001 | ARC FESAGMI001 LLC | ARC HVSHPA0001 LP |
| LLC ARC DGSHNMI001 | ARC FESHRTX001 LLC | ARC HVSPKPA001 LP |
| LLC ARC DGSLBAL001 | ARC FESPFMO001, LLC | ARC HVSTNPA001 LP |
| LLC ARC DGSMTFL001, | ARC FESPKWA001 LLC | ARC HVSTNPA002 LP |
| LLC ARC DGSPHMI001, | ARC FESSAPA001, LP | ARC HVSVPA0001 LP |
| LLC ARC DGSSTAL001 | ARC FESTCMN001, LLC | ARC HVWPTPA001 LP |
| LLC ARC DGSTJMI001, | ARC FESXFSD001, LLC | ARC HVWYMPA001 LP |
| LLC ARC DGSVLOH001 | ARC FEWLBNH001 LLC | ARC IHABQNM001, LLC |
| LLC ARC DGTBYAL001 | ARC FRAPVCA001, LLC | ARC IHALXLA001, LLC |
| LLC ARC DGTKSMI001 | ARC FRSHLCA001, LLC | ARC IHBRGLA001, LLC |
| LLC ARC DGTRTAL001 | ARC FTMTGIL001, LLC | ARC IHBUFGA001, LLC |
| LLC ARC DGUVLMO001 | ARC FTSCHIL001, LLC | ARC IHBVROR001, LLC |
| LLC ARC DGWLLMI001, | ARC GEMSKWI001, LLC | ARC IHCINOH001, LLC |
| LLC ARC DGWMRLA001 | ARC GSBRKNY001 LLC | ARC IHCTVUT001, LLC |
| LLC ARC DGWTLIA001 | ARC GSBRNTX001, LLC | ARC IHCVLVA001, LLC |
| LLC ARC ESBKYMO001, | ARC GSCOSCO001,LLC | ARC IHEPSTX001, LLC |
| LLC ARC ESSTLMO001, | ARC GSDALTX001, LLC | ARC IHEPSTX002, LLC |
| LLC ARC FEAARMI001, | ARC GSEAGTX001 LLC | ARC IHHHDSC001, LLC |
| LLC ARC FEBKYWV001, | ARC GSKNXTN001 LLC | ARC IHLVRCA001, LLC |
| LLC ARC FEBNXNY001, | ARC GSMESAZ001 LLC | ARC IHMPHTN001, LLC |
| LLC ARC FEBTMMD001, | ARC GSNPRFL001, LLC | ARC IHMPHTN002, LLC |
| LLC ARC FECNTOH001 | ARC GSPARTX001, LLC | ARC IHPKRCO001, LLC |
| LLC ARC FEDGCKS001, | ARC GSPARWV001, LLC | ARC IHROAVA001, LLC |
| LLC ARC FEEGBNY001 | ARC GSREDCA001 LLC | ARC IHROCNY001, LLC |
| LLC ARC FEGFKND001, | ARC GSSCYIA001, LLC | ARC IHSALOR001, LLC |
| LLC ARC FEGRNOH001, | ARC GSSVAAZ001 LLC | ARC IHSGLTX001, LLC |
| LLC ARC XXXXXXX000, | XXX XXXXXXX000, LLC | ARC IHSHWKS001, LLC |
| LLC ARC FEHOUTX 001 | ARC HDTPAKS001, LLC | ARC IHSPFMO001, LLC |
| LLC | ARC HVHVPA0001 LP | ARC IHTPKKS001, LLC |
| ARC FEHOUTX MEMBER LLC | ARC HVLHNPA001 LP | ARC Income Properties II, LLC |
| ARC FELNCNE001, LLC | ARC HVLNDPA001 LP | ARC Initial PE Member LLC |
| ARC HVLNDPA002 LP | ARC JBBEATX001, LLC | |
| ARC HVLRKPA001 LP | ARC JBCCRTX001 LLC |
Schedule 9.13
| ARC JBDESMO001 LLC | ARC NTDLVGA001, LLC | ARC CCALBGA001, LLC |
| ARC JBFERTX001, LLC | ARC NTKNSGA001, LLC | ARC CCALBGA001, LLC |
| ARC JBFORTX001, LLC | ARC NTLBNGA001, LLC | ARC CCALBGA001, LLC |
| ARC JBHOUTX001 LLC | ARC ORBVAMI001, LLC | ARC CCALBGA001, LLC |
| ARC JBSHOTX001, LLC | ARC ORJOLIL001, LLC | ARC CCALBGA001, LLC |
| ARC JBTDAOR001 LLC | ARC ORRSVMI001, LLC | ARC CCALBGA001, LLC |
| ARC JBVANWA001 LLC | ARC ORSGNMI001, LLC | ARC CCALBGA001, LLC |
| ARC JBVICTX001, LLC | ARC ORWFDMI001, LLC | ARC PANJOH54 LLC Member LLC |
| ARC JBVICTX002, LLC | ARC PANJOH54 LLC | ARC PA-QRS Trust |
| ARC JJAMHNY001, LLC | ARC CCALBGA001, LLC | ARC CHNLKIL001, LLC |
| ARC JJLKGNY001, LLC | ARC CCALBGA001, LLC | ARC CHNLKIL001, LLC |
| ARC JJPLYMA001, LLC | ARC CCALBGA001, LLC | ARC CHNLKIL001, LLC |
| ARC JJWATNJ001, LLC | ARC CCALBGA001, LLC | ARC CHNLKIL001, LLC |
| ARC KGADRIA001 LLC | ARC CCALBGA001, LLC | ARC CHNLKIL001, LLC |
| ARC KGBLVMO001,LLC | ARC CCALBGA001, LLC | ARC CHNLKIL001, LLC |
| ARC KGBLVMO002, LLC | ARC CCALBGA001, LLC | ARC CHNLKIL001, LLC |
| ARC KGFGRMO001, LLC | ARC CCALBGA001, LLC | ARC CHNLKIL001, LLC |
| ARC KGHLSMO001, LLC | ARC CCALBGA001, LLC | ARC CHNLKIL001, LLC |
| ARC KGMNTMO001, LLC | ARC CCALBGA001, LLC | ARC CHNLKIL001, LLC |
| ARC KGNLAIA001 LLC | ARC CCALBGA001, LLC | ARC CHNLKIL001, LLC |
| ARC KGRGVMO001, LLC | ARC CCALBGA001, LLC | ARC CHNLKIL001, LLC |
| ARC KGSPFMO001, LLC | ARC CCALBGA001, LLC | ARC CHNLKIL001, LLC |
| ARC KGSPFMO002, LLC | ARC CCALBGA001, LLC | ARC CHNLKIL001, LLC |
| ARC KGSPFMO004, LLC | ARC CCALBGA001, LLC | ARC CHNLKIL001, LLC |
| ARC KGSPFMO005, LLC | ARC CCALBGA001, LLC | ARC CHNLKIL001, LLC |
| ARC KGSPFMO006, LLC | ARC CCALBGA001, LLC | ARC PA-QRS Trust Member LLC |
| ARC KGSPFMO007, LLC | ARC CCALBGA001, LLC | ARC PBLVGNV001, LLC |
| ARC KGSPFMO008, LLC | ARC CCALBGA001, LLC | ARC PBNWLPA001, LLC |
| ARC KGWYVMO001, LLC | ARC CCALBGA001, LLC | ARC PBSTKCA001, LLC |
| ARC KHCLNIL001, LLC | ARC CCALBGA001, LLC | ARC PLBKVOH001, LLC |
| ARC KHGTNKY001, LLC | ARC CCALBGA001, LLC | ARC PMOTTIL001, LLC |
| ARC LMLUFTX001 LLC | ARC CCALBGA001, LLC | ARC QTDECGA001, LLC |
| ARC LWAUGGA001 LLC | ARC CCALBGA001, LLC | ARC RACADOH001,LLC |
| ARC LWKNXTN001, LLC | ARC CCALBGA001, LLC | ARC RACAROH001, LLC |
| ARC MBOKCOK001, LLC | ARC CCALBGA001, LLC | ARC RACARPA0001, LP |
| ARC MBWESTX001, LLC | ARC CCALBGA001, LLC |
Schedule 10.13
| ARC RAELPOH001, LLC | ARC SEBRDFL001, LLC | ARC WBPCFL0001 |
| ARC RALISOH001, LLC | ARC SEMTDFL001, LLC | ARC WGACWGA001, LLC |
| ARC RAPITPA001, LP | ARC SJHSPAR001, LLC | ARC WGAMTLA001, LLC |
| ARC RBSLCUT001 LLC | ARC SJHSPAR002, LLC | ARC WGANGNY001, LLC |
| ARC RNAUGGA001, LLC | ARC SJHSPAR003, LLC | ARC WGAUBNY001, LLC |
| ARC RNDKSTN001, LLC | ARC SSNANNY001, LLC | ARC WGAUBNY002, LLC |
| ARC RNKSCKS001, LLC | ARC SYGRINY001 LLC | ARC WGAUSTX001, LLC |
| ARC RNMPHTN001, LLC | ARC THAUBNY001, LLC | ARC WGBKLNY001 LLC |
| ARC RNNAUSC001, LLC | ARC TITUCAZ001, LLC | ARC WGBKLNY002 LLC |
| ARC RNNCSIN001, LLC | ARC TJPTLME001, LLC | ARC WGBYRMS001, LLC |
| ARC RNSMPTN001, LLC | ARC TMDKBIL001, LLC | ARC WGCHEAL001, LLC |
| ARC RNSVLGA001, LLC | ARC TPCANNY001, LLC | ARC WGCNWSC001, LLC |
| ARC RNVLDGA001, LLC | ARC XXXXXX000 LLC | ARC WGELKIN001, LLC |
| ARC ROCK17MA LLC | ARC TRSMBR002 LLC | ARC WGFSTMS001, LLC |
| ARC ROCK17MA LLC | ARC TRSMBR003 LLC | ARC WGGRCNY001, LLC |
| ARC ROCK17MA LLC | ARC TRSMBR004 LLC | ARC WGGRCNY002, LLC |
| ARC ROCK17MA LLC | ARC TRSNRCA001, LLC | ARC WGGRPMN001, LLC |
| ARC ROCK17MA LLC | ARC TSDEMAL001, LLC | ARC WGIRDNY001, LLC |
| ARC ROCK17MA LLC | ARC TSDUBPA001 LLC | ARC WGJOLIL001, LLC |
| ARC ROCK17MA LLC | ARC TSELBPA001 LLC | ARC WGLERNY001, LLC |
| ARC ROCK17MA LLC | ARC TSFRCSC001 LLC | ARC WGLSPGA001, LLC |
| ARC ROCK17MA LLC | ARC TSKMZMI001, LLC | ARC WGMARVA001, LLC |
| ARC ROCK17MA LLC | ARC TSLWBWV001 LLC | ARC WGMFDOH001, LLC |
| ARC ROCK17MA LLC | ARC TSMDNGA001 LLC | ARC WGMRCLA001, LLC |
| ARC ROCK17MA LLC | ARC TSMNFPA001 LLC | ARC WGMRYOH001, LLC |
| ARC ROCK17MA LLC | ARC TSMRKLA001, LLC | ARC WGMTPMI001, LLC |
| ARC ROCK17MA LLC | ARC TSNBSTX001, LLC | ARC WGOPKNY001, LLC |
| ARC ROCK17MA LLC | ARC TSPTKCT001, LLC | ARC WGOTTIA001, LLC |
| ARC ROCK17MA LLC | ARC USMNEMN001, LLC | ARC WGPLTNY001, LLC |
| ARC ROCK17MA LLC | ARC VACLDID001, LLC | ARC WGPTHNY001 LLC |
| ARC ROCK17MA LLC | ARC VZHRMMD001 SUB, LLC | ARC WGPYNNY001, LLC |
| ARC ROCK17MA LLC | ARC VZHRMMD001, LLC | ARC WGQNSNY001 LLC |
| ARC RRBDFTX001 LLC | ARC WBPBFL0001 | ARC WGQNSNY002 LLC |
| ARC SCAUGGA001 LLC | ARC WGQNSNY003 LLC | |
| ARC WGSBLVT001, LLC | ||
| ARC WGSEATX 001, LLC |
Schedule 11.13
| ARC WGSYRNY001, LLC | ARCKGSPFMO003, LLC | Fresenius |
| ARC WGUAROH001, LLC | BSFS | LWAGHTWV, LLC |
| ARC WMBLYAR001, LLC | CRE JV Mixed Five IL 1 Branch Holdings LLC | LWAGLVKY 1, LLC |
| ARC WMEBBPA001, LLC | CRE JV Mixed Five IL 1 Branch Holdings LLC | LWAGLVKY 2, LLC |
| ARC WPIACIA001, LLC | CRE JV Mixed Five IL 1 Branch Holdings LLC | LWAGLVKY 3, LLC |
| ARC WPMRNOH001 LLC | CVS | LWAGMFKY, LLC |
| ARC WRELPTX001, LLC | CVS - 15 | LWAGPTIN, LLC |
| ARC WWALLPA001, LLC | DST entity - DST I | LWAGRCKY, LLC |
| ARC WWYKTVA001, LLC | DST entity - DST I - ARC FESSPA001 DST | |
| ARCAACRSMS001, LLC | DST entity - DST II - ARC WBPBFL0001 LLC |
| Part (b). | Other Equity Investments. |
| None. | |
| Part (c). | Owners of Equity Interests in each Property Owner. |
American Realty Capital Operating Partnership, L.P. – 100%
Schedule 6.13
SCHEDULE 6.18
INTELLECTUAL PROPERTY MATTERS
None.
SCHEDULE 8.01
EXISTING LIENS
None.
SCHEDULE 8.13
INDEBTEDNESS
None.
EXECUTION VERSION SCHEDULE 11.02
ADMINISTRATIVE
AGENT’S OFFICE;
CERTAIN ADDRESSES FOR NOTICES
PARENT AND BORROWER:
c/o American Realty Capital 000 Xxxx Xxxxxx, 00xx Xxxxx Xxx Xxxx, Xxx Xxxx
Attn: Xxxxxxx X. Xxxxxx
with a copy to:
c/o American Realty Capital 000 Xxxx Xxxxxx, 00xx Xxxxx Xxx Xxxx, Xxx Xxxx
Attn: Xxxxx X. Xxxxxxxx
ADMINISTRATIVE AGENT:
Administrative Agent’s Office
(for payments and Requests for Credit Extensions):
RBS Citizens, N.A.
0000 Xxxxxxxx Xxxxxx
Xxxxxxxxx, Xxxx 00000
Ref: American Realty Capital Partnership, L.P. Credit Facility
with a copy to (other for payments and Requests for Credit Extensions):
Xxxxxx & Xxxxxxxxxx LLP Xxxxx Xxxxxx Xxxxx
Xxxxxx, Xxxxxxxxxxxxx 00000 Attn: Xxxxx X. Xxxxx, Esq.
L/C ISSUER:
RBS Citizens, N.A.
00 Xxxxx Xxxx
Mail Stop: MMF470
Xxxxxxx, Xxxxxxxxxxxxx 00000
Ref: American Realty Capital Partnership, L.P. Credit Facility
[Counterpart to Subsidiary Guaranty Agreement]
EXHIBIT B
Form of Counterpart to Subsidiary Guaranty
COUNTERPART TO SUBSIDIARY GUARANTY AGREEMENT
In witness whereof, the undersigned Additional Guarantor has caused this Counterpart to Subsidiary Guaranty Agreement (“Counterpart”) to be executed and delivered by its officer thereunto duly authorized as of February 28, 2012. Schedule 1 sets forth a list of the each Additional Guarantor executing this Counterpart. Each Additional Guarantor acknowledges and agrees that by its execution of this Counterpart it shall become a Guarantor under and be bound by the terms of that certain Subsidiary Guaranty Agreement, dated as of August 17, 2011 (as amended, modified, supplemented, or restated from time to time), related to that certain Credit Agreement dated as of August 17, 2011 (as amended, modified, supplemented, or restated from time to time, the “Credit Agreement”), among American Realty Capital Operating Partnership, L.P., American Realty Capital Trust, Inc., the Lenders thereto, and RBS Citizens, N.A., as Administrative Agent, L/C Issuer and Swing Line Lender. Unless otherwise defined herein, capitalized terms shall have the meanings set forth in the Credit Agreement.
ADDITIONAL GUARANTORS: [INSERT SIGNATURE BLOCK FOR ADDITIONAL GUARANOTORS] | |||||||
| By: |
|
||||||
| Name: | |||||||
| Title: | |||||||
EXECUTION VERSION
SCHEDULE 1
ADDITIONAL GUARANTORS
| 1. | ARC ARABLOH001, LLC |
| 2. | ARC ARABRNC001, LLC |
| 3. | ARC ARBYCMI001, LLC |
| 4. | ARC ARCBYPA001, LLC |
| 5. | ARC ARCTDNY001, LLC |
| 6. | ARC ARGIDNE001, LLC |
| 7. | ARC ARHDNFL001, LLC |
| 8. | ARC ARKTGOH001, LLC |
| 9. | ARC ARMLNSC001, LLC |
| 10. | ARC AROCTNY001, LLC |
| 11. | ARC ARPBLCO001, LLC |
| 12. | ARC ARPCLFL001, LLC |
| 13. | ARC ARPHRFL001, LLC |
| 14. | ARC ARPQAOH001, LLC |
| 15. | ARC ARRLDMS001, LLC |
| 16. | ARC ARRTDNY001, LLC |
| 17. | ARC ARSPHFL001,LLC |
| 18. | ARC ARVCTTX001, LLC |
| 19. | ARC AZCLBSC001, LLC |
| 20. | ARC BFABQNM001, DST |
| 21. | ARC BFALLTX001, DST |
| 22. | ARC BFCRWTX001, DST |
| 23. | ARC BFEDMOK001, LLC |
| 24. | ARC BFLGCTX001, DST |
| 25. | ARC BFMDBFL001, LLC |
| 26. | ARC BFOKCOK001, LLC |
| 27. | ARC BFOWAOK001, LLC |
| 28. | ARC BFRKWTX001, DST |
| 29. | ARC BFTULOK001, LLC |
| 30. | ARC BFWTFTX001, DST |
| 31. | ARC BFYKNOK001, LLC |
| 32. | ARC BSPRCAR001, LLC |
| 33. | ARC CAOMHNE001, LLC |
| 34. | ARC CVCHSNY001, LLC |
| 35. | ARC CVRKRNC001, LLC |
| 36. | ARC DDSLVPA001, LLC |
| 37. | ARC DFLVPIL001, LLC |
| 38. | ARC DGADLAL001, LLC |
| 39. | ARC DGBMNOH001, LLC |
| 40. | ARC DGBMTTX001, LLC |
| 41. | ARC DGBNTMO001, LLC |
| 42. | ARC DGBSMAL001, LLC |
| 43. | ARC DGBSNKY001, LLC |
| 44. | ARC DGCATIL001, LLC |
| 45. | ARC DGCCPMO001, LLC |
[Pledge Amendment]
| 46. | ARC DGCDNOH001, LLC |
| 47. | ARC DGCLBIL001, LLC |
| 48. | ARC DGCNTMI001, LLC |
| 49. | ARC DGCPCTX001, LLC |
| 50. | ARC DGCRGIL001, LLC |
| 51. | ARC DGCVLAL001, LLC |
| 52. | ARC DGDRNKY001, LLC |
| 53. | ARC DGDSNLA001, LLC |
| 54. | ARC DGDTNOH001, LLC |
| 55. | ARC DGELSTX001, LLC |
| 56. | ARC DGFYTOH001, LLC |
| 57. | ARC DGGDNMI001, LLC |
| 58. | ARC DGGNSTX001, LLC |
| 59. | ARC DGIWNGA001, LLC |
| 60. | ARC DGJSNMO001, LLC |
| 61. | ARC DGJSPAL001, LLC |
| 62. | ARC DGJSPAL002, LLC |
| 63. | ARC DGJSPAL003, LLC |
| 64. | ARC DGKGNOH001, LLC |
| 65. | ARC DGLFTLA001, LLC |
| 66. | ARC DGLRHFL001, LLC |
| 67. | ARC DGLTCMI001, LLC |
| 68. | ARC DGLVLLA001, LLC |
| 69. | ARC DGMCLMI001, LLC |
| 70. | ARC DGMLVLA001, LLC |
| 71. | ARC DGMMTLA001, LLC |
| 72. | ARC DGMTATX001, LLC |
| 73. | ARC DGMTSIA001, LLC |
| 74. | ARC DGNPTOH001, LLC |
| 75. | ARC DGOKHOH001, LLC |
| 76. | ARC DGOLKAL001, LLC |
| 77. | ARC DGOLSLA001, LLC |
| 78. | ARC DGOROMO001, LLC |
| 79. | ARC DGPNKMI001, LLC |
| 80. | ARC DGQNCMO001, LLC |
| 81. | ARC DGRBLLA001, LLC |
| 82. | ARC DGSATTX001, LLC |
| 83. | ARC DGSBTTN001, LLC |
| 84. | ARC DGSHNMI001, LLC |
| 85. | ARC DGSLBAL001, LLC |
| 86. | ARC DGSSTAL001, LLC |
| 87. | ARC DGSTJMI001, LLC |
| 88. | ARC DGSVLOH001, LLC |
| 89. | ARC DGTBYAL001, LLC |
| 90. | ARC DGTKSMI001, LLC |
| 91. | ARC DGUVLMO001, LLC |
| 92. | ARC DGWTLIA001, LLC |
Schedule I to
Pledge Amendment
| 93. | ARC FECNTOH001, LLC |
| 94. | ARC FEEGBNY001, LLC |
| 95. | ARC FEGRNOH001, LLC |
| 96. | ARC FENPXAZ001, LLC |
| 97. | ARC FESAGMI001, LLC |
| 98. | ARC FESHRTX001, LLC |
| 99. | ARC FEWLBNH001, LLC |
| 100. | ARC GSBRKNY001, LLC |
| 101. | ARC GSBRNTX001, LLC |
| 102. | ARC GSCOSCO001, LLC |
| 103. | ARC GSDALTX001, LLC |
| 104. | ARC GSEAGTX001, LLC |
| 105. | ARC GSKNXTN001, LLC |
| 106. | ARC GSNPRFL001, LLC |
| 107. | ARC GSPARTX001, LLC |
| 108. | ARC GSPARWV001, LLC |
| 109. | ARC GSREDCA001, LLC |
| 110. | ARC GSSCYIA001, LLC |
| 111. | ARC GSSVAAZ001, LLC |
| 112. | ARC HVHVPA0001 GP LLC |
| 113. | ARC HVLHNPA001 GP LLC |
| 114. | ARC HVLNDPA001 GP LLC |
| 115. | ARC HVLNDPA002 GP LLC |
| 116. | ARC HVLRKPA001 GP LLC |
| 117. | ARC HVLSDPA001 GP LLC |
| 118. | ARC HVPMTPA001 GP LLC |
| 119. | ARC HVSGHPA001 GP LLC |
| 120. | ARC HVSHPA0001 GP LLC |
| 121. | ARC HVSPKPA001 GP LLC |
| 122. | ARC HVSTNPA001 GP LLC |
| 123. | ARC HVSTNPA002 GP LLC |
| 124. | ARC HVSVPA0001 GP LLC |
| 125. | ARC HVWPTPA001 GP LLC |
| 126. | ARC HVWYMPA001 GP LLC |
| 127. | ARC KGADRIA001, LLC |
| 128. | ARC KGBLVMO001, LLC |
| 129. | ARC KGBLVMO002, LLC |
| 130. | ARC KGFGRMO001, LLC |
| 131. | ARC KGHLSMO001, LLC |
| 132. | ARC KGMNTMO001, LLC |
| 133. | ARC KGNLAIA001, LLC |
| 134. | ARC KGSPFMO001, LLC |
| 135. | ARC KGSPFMO002, LLC |
| 136. | ARC KGSPFMO003, LLC |
| 137. | ARC KGSPFMO004, LLC |
| 138. | ARC KGSPFMO005, LLC |
| 139. | ARC KGSPFMO006, LLC |
Schedule I to
Pledge Amendment
| 140. | ARC KGSPFMO007, LLC |
| 141. | ARC KGSPFMO008, LLC |
| 142. | ARC KGWYVMO001, LLC |
| 143. | ARC LWAUGGA001, LLC |
| 144. | ARC MBOKCOK001, LLC |
| 145. | ARC MBWESTX001, LLC |
| 146. | ARC ORBVAMI001, LLC |
| 147. | ARC ORRSVMI001, LLC |
| 148. | ARC ORSGNMI001, LLC |
| 149. | ARC PMOTTIL001, LLC |
| 150. | ARC RNAUGGA001, LLC |
| 151. | ARC RNDKSTN001, LLC |
| 152. | ARC RNKSCKS001, LLC |
| 153. | ARC RNMPHTN001, LLC |
| 154. | ARC RNNAUSC001, LLC |
| 155. | ARC RNNCSIN001, LLC |
| 156. | ARC RNSMPTN001, LLC |
| 157. | ARC RNSVLGA001, LLC |
| 158. | ARC RNVLDGA001, LLC |
| 159. | ARC TJPTLME001, LLC |
| 160. | ARC TSFRCSC001, LLC |
| 161. | ARC TSKMZMI001, LLC |
| 162. | ARC TSMDNGA001, LLC |
| 163. | ARC TSPTKCT001, LLC |
| 164. | ARC VACLDID001, LLC |
| 165. | ARC WGANGNY001, LLC |
| 166. | ARC WGBKLNY001 LLC |
| 167. | ARC WGBKLNY002 LLC |
| 168. | ARC WGELKIN001, LLC |
| 169. | ARC WGMRCLA001, LLC |
| 170. | ARC WGPTHNY001 LLC |
| 171. | ARC WGQNSNY001 LLC |
| 172. | ARC WGQNSNY002 LLC |
| 173. | ARC WGQNSNY003 LLC |
| 174. | ARC WPMRNOH001, LLC |
| 175. | CRE JV Mixed Five IL 1 Branch Holdings LLC |
Schedule I to
Pledge Amendment
EXHIBIT C
Form of Pledge Amendment
PLEDGE AMENDMENT
This Pledge Amendment, dated February 28, 2012, is delivered pursuant to Section 5(d) of the Pledge Agreement referred to below. The undersigned hereby agrees that this Pledge Amendment may be attached to the Pledge Agreement dated as of August 17, 2011, between the undersigned and RBS Citizens, N.A., as Administrative Agent for the benefit of the Secured Parties, (the “Pledge Agreement;” capitalized terms defined therein being used herein as therein defined), and that the Equity Interests listed on Schedule I to this Pledge Amendment shall be deemed to be part of the Equity Interests pledged under the Pledge Agreement and shall become part of the Collateral and shall secure all Secured Obligations.
PLEDGOR: AMERICAN REALTY CAPITAL OPERATING PARTNERSHIP, L.P., a Delaware limited partnership | |||||||
| By: |
|
||||||
| Name: | |||||||
| Title: | |||||||
Acknowledged and Agreed as of the date first written above:
ADDITIONAL GUARANTORS: [INSERT SIGNATURE BLOCK FOR ADDITNIOAL GUARANTORS]
| |||||||
| By: |
|
||||||
| Name: | |||||||
| Title: | |||||||
[Acknowledgement to Pledge Amendment]
SCHEDULE
I to
PLEDGE AMENDMENT
| Pledgor | Limited Liability Company | Jurisdiction of Organization |
Percent Interest | |
| 1. | American Realty Capital Operating Partnership, L.P. |
ARC ARABLOH001, LLC | Delaware | 100% |
| 2. | American Realty Capital Operating Partnership, L.P. |
ARC ARABRNC001, LLC | Delaware | 100% |
| 3. | American Realty Capital Operating Partnership, L.P. |
ARC ARBYCMI001, LLC | Delaware | 100% |
| 4. | American Realty Capital Operating Partnership, L.P. |
ARC ARCBYPA001, LLC | Delaware | 100% |
| 5. | American Realty Capital Operating Partnership, L.P. |
ARC ARCTDNY001, LLC | Delaware | 100% |
| 6. | American Realty Capital Operating Partnership, L.P. |
ARC ARGIDNE001, LLC | Delaware | 100% |
| 7. | American Realty Capital Operating Partnership, L.P. |
ARC ARHDNFL001, LLC | Delaware | 100% |
| 8. | American Realty Capital Operating Partnership, L.P. |
ARC ARKTGOH001, LLC | Delaware | 100% |
| 9. | American Realty Capital Operating Partnership, L.P. |
ARC ARMLNSC001, LLC | Delaware | 100% |
| 10. | American Realty Capital Operating Partnership, L.P. |
ARC AROCTNY001, LLC | Delaware | 100% |
| 11. | American Realty Capital Operating Partnership, L.P. |
ARC ARPBLCO001, LLC | Delaware | 100% |
| 12. | American Realty Capital Operating Partnership, L.P. |
ARC ARPCLFL001, LLC | Delaware | 100% |
| 13. | American Realty Capital Operating Partnership, L.P. |
ARC ARPHRFL001, LLC | Delaware | 100% |
| 14. | American Realty Capital Operating Partnership, L.P. |
ARC ARPQAOH001, LLC | Delaware | 100% |
| 15. | American Realty Capital Operating Partnership, L.P. |
ARC ARRLDMS001, LLC | Delaware | 100% |
| 16. | American Realty Capital Operating Partnership, L.P. |
ARC ARRTDNY001, LLC | Delaware | 100% |
| 17. | American Realty Capital Operating Partnership, L.P. |
ARC ARSPHFL001,LLC | Delaware | 100% |
| 18. | American Realty Capital Operating Partnership, L.P. |
ARC ARVCTTX001, LLC | Delaware | 100% |
| 19. | American Realty Capital Operating Partnership, L.P. |
ARC AZCLBSC001, LLC | Delaware | 100% |
| 20. | American Realty Capital Operating Partnership, L.P. |
ARC BFABQNM001, DST | Delaware | 100% |
| 21. | American Realty Capital Operating Partnership, L.P. |
ARC BFALLTX001, DST | Delaware | 100% |
| 22. | American Realty Capital Operating Partnership, L.P. |
ARC BFCRWTX001, DST | Delaware | 100% |
| Pledgor | Limited Liability Company | Jurisdiction of Organization |
Percent Interest | |
| 23. | American Realty Capital Operating Partnership, L.P. |
ARC BFEDMOK001, LLC | Delaware | 100% |
| 24. | American Realty Capital Operating Partnership, L.P. |
ARC BFLGCTX001, DST | Delaware | 100% |
| 25. | American Realty Capital Operating Partnership, L.P. |
ARC BFMDBFL001, LLC | Delaware | 100% |
| 26. | American Realty Capital Operating Partnership, L.P. |
ARC BFOKCOK001, LLC | Delaware | 100% |
| 27. | American Realty Capital Operating Partnership, L.P. |
ARC BFOWAOK001, LLC | Delaware | 100% |
| 28. | American Realty Capital Operating Partnership, L.P. |
ARC BFRKWTX001, DST | Delaware | 100% |
| 29. | American Realty Capital Operating Partnership, L.P. |
ARC BFTULOK001, LLC | Delaware | 100% |
| 30. | American Realty Capital Operating Partnership, L.P. |
ARC BFWTFTX001, DST | Delaware | 100% |
| 31. | American Realty Capital Operating Partnership, L.P. |
ARC BFYKNOK001, LLC | Delaware | 100% |
| 32. | American Realty Capital Operating Partnership, L.P. |
ARC BSPRCAR001, LLC | Delaware | 100% |
| 33. | American Realty Capital Operating Partnership, L.P. |
ARC CAOMHNE001, LLC | Delaware | 100% |
| 34. | American Realty Capital Operating Partnership, L.P. |
ARC CVCHSNY001, LLC | Delaware | 100% |
| 35. | American Realty Capital Operating Partnership, L.P. |
ARC CVRKRNC001, LLC | Delaware | 100% |
| 36. | American Realty Capital Operating Partnership, L.P. |
ARC DDSLVPA001, LLC | Delaware | 100% |
| 37. | American Realty Capital Operating Partnership, L.P. |
ARC DFLVPIL001, LLC | Delaware | 100% |
| 38. | American Realty Capital Operating Partnership, L.P. |
ARC DGADLAL001, LLC | Delaware | 100% |
| 39. | American Realty Capital Operating Partnership, L.P. |
ARC DGBMNOH001, LLC | Delaware | 100% |
| 40. | American Realty Capital Operating Partnership, L.P. |
ARC DGBMTTX001, LLC | Delaware | 100% |
| 41. | American Realty Capital Operating Partnership, L.P. |
ARC DGBNTMO001, LLC | Delaware | 100% |
| 42. | American Realty Capital Operating Partnership, L.P. |
ARC DGBSMAL001, LLC | Delaware | 100% |
| 43. | American Realty Capital Operating Partnership, L.P. |
ARC DGBSNKY001, LLC | Delaware | 100% |
| 44. | American Realty Capital Operating Partnership, L.P. |
ARC DGCATIL001, LLC | Delaware | 100% |
| 45. | American Realty Capital Operating Partnership, L.P. |
ARC DGCCPMO001, LLC | Delaware | 100% |
| Pledgor | Limited Liability Company | Jurisdiction of Organization |
Percent Interest | |
| 46. | American Realty Capital Operating Partnership, L.P. |
ARC DGCDNOH001, LLC | Delaware | 100% |
| 47. | American Realty Capital Operating Partnership, L.P. |
ARC DGCLBIL001, LLC | Delaware | 100% |
| 48. | American Realty Capital Operating Partnership, L.P. |
ARC DGCNTMI001, LLC | Delaware | 100% |
| 49. | American Realty Capital Operating Partnership, L.P. |
ARC DGCPCTX001, LLC | Delaware | 100% |
| 50. | American Realty Capital Operating Partnership, L.P. |
ARC DGCRGIL001, LLC | Delaware | 100% |
| 51. | American Realty Capital Operating Partnership, L.P. |
ARC DGCVLAL001, LLC | Delaware | 100% |
| 52. | American Realty Capital Operating Partnership, L.P. |
ARC DGDRNKY001, LLC | Delaware | 100% |
| 53. | American Realty Capital Operating Partnership, L.P. |
ARC DGDSNLA001, LLC | Delaware | 100% |
| 54. | American Realty Capital Operating Partnership, L.P. |
ARC DGDTNOH001, LLC | Delaware | 100% |
| 55. | American Realty Capital Operating Partnership, L.P. |
ARC DGELSTX001, LLC | Delaware | 100% |
| 56. | American Realty Capital Operating Partnership, L.P. |
ARC DGFYTOH001, LLC | Delaware | 100% |
| 57. | American Realty Capital Operating Partnership, L.P. |
ARC DGGDNMI001, LLC | Delaware | 100% |
| 58. | American Realty Capital Operating Partnership, L.P. |
ARC DGGNSTX001, LLC | Delaware | 100% |
| 59. | American Realty Capital Operating Partnership, L.P. |
ARC DGIWNGA001, LLC | Delaware | 100% |
| 60. | American Realty Capital Operating Partnership, L.P. |
ARC DGJSNMO001, LLC | Delaware | 100% |
| 61. | American Realty Capital Operating Partnership, L.P. |
ARC DGJSPAL001, LLC | Delaware | 100% |
| 62. | American Realty Capital Operating Partnership, L.P. |
ARC DGJSPAL002, LLC | Delaware | 100% |
| 63. | American Realty Capital Operating Partnership, L.P. |
ARC DGJSPAL003, LLC | Delaware | 100% |
| 64. | American Realty Capital Operating Partnership, L.P. |
ARC DGKGNOH001, LLC | Delaware | 100% |
| 65. | American Realty Capital Operating Partnership, L.P. |
ARC DGLFTLA001, LLC | Delaware | 100% |
| 66. | American Realty Capital Operating Partnership, L.P. |
ARC DGLRHFL001, LLC | Delaware | 100% |
| 67. | American Realty Capital Operating Partnership, L.P. |
ARC DGLTCMI001, LLC | Delaware | 100% |
| 68. | American Realty Capital Operating Partnership, L.P. |
ARC DGLVLLA001, LLC | Delaware | 100% |
| Pledgor | Limited Liability Company | Jurisdiction of Organization |
Percent Interest | |
| 69. | American Realty Capital Operating Partnership, L.P. |
ARC DGMCLMI001, LLC | Delaware | 100% |
| 70. | American Realty Capital Operating Partnership, L.P. |
ARC DGMLVLA001, LLC | Delaware | 100% |
| 71. | American Realty Capital Operating Partnership, L.P. |
ARC DGMMTLA001, LLC | Delaware | 100% |
| 72. | American Realty Capital Operating Partnership, L.P. |
ARC DGMTATX001, LLC | Delaware | 100% |
| 73. | American Realty Capital Operating Partnership, L.P. |
ARC DGMTSIA001, LLC | Delaware | 100% |
| 74. | American Realty Capital Operating Partnership, L.P. |
ARC DGNPTOH001, LLC | Delaware | 100% |
| 75. | American Realty Capital Operating Partnership, L.P. |
ARC DGOKHOH001, LLC | Delaware | 100% |
| 76. | American Realty Capital Operating Partnership, L.P. |
ARC DGOLKAL001, LLC | Delaware | 100% |
| 77. | American Realty Capital Operating Partnership, L.P. |
ARC DGOLSLA001, LLC | Delaware | 100% |
| 78. | American Realty Capital Operating Partnership, L.P. |
ARC DGOROMO001, LLC | Delaware | 100% |
| 79. | American Realty Capital Operating Partnership, L.P. |
ARC DGPNKMI001, LLC | Delaware | 100% |
| 80. | American Realty Capital Operating Partnership, L.P. |
ARC DGQNCMO001, LLC | Delaware | 100% |
| 81. | American Realty Capital Operating Partnership, L.P. |
ARC DGRBLLA001, LLC | Delaware | 100% |
| 82. | American Realty Capital Operating Partnership, L.P. |
ARC DGSATTX001, LLC | Delaware | 100% |
| 83. | American Realty Capital Operating Partnership, L.P. |
ARC DGSBTTN001, LLC | Delaware | 100% |
| 84. | American Realty Capital Operating Partnership, L.P. |
ARC DGSHNMI001, LLC | Delaware | 100% |
| 85. | American Realty Capital Operating Partnership, L.P. |
ARC DGSLBAL001, LLC | Delaware | 100% |
| 86. | American Realty Capital Operating Partnership, L.P. |
ARC DGSSTAL001, LLC | Delaware | 100% |
| 87. | American Realty Capital Operating Partnership, L.P. |
ARC DGSTJMI001, LLC | Delaware | 100% |
| 88. | American Realty Capital Operating Partnership, L.P. |
ARC DGSVLOH001, LLC | Delaware | 100% |
| 89. | American Realty Capital Operating Partnership, L.P. |
ARC DGTBYAL001, LLC | Delaware | 100% |
| 90. | American Realty Capital Operating Partnership, L.P. |
ARC DGTKSMI001, LLC | Delaware | 100% |
| 91. | American Realty Capital Operating Partnership, L.P. |
ARC DGUVLMO001, LLC | Delaware | 100% |
| Pledgor | Limited Liability Company | Jurisdiction of Organization |
Percent Interest | |
| 92. | American Realty Capital Operating Partnership, L.P. |
ARC DGWTLIA001, LLC | Delaware | 100% |
| 93. | American Realty Capital Operating Partnership, L.P. |
ARC FECNTOH001, LLC | Delaware | 100% |
| 94. | American Realty Capital Operating Partnership, L.P. |
ARC FEEGBNY001, LLC | Delaware | 100% |
| 95. | American Realty Capital Operating Partnership, L.P. |
ARC FEGRNOH001, LLC | Delaware | 100% |
| 96. | American Realty Capital Operating Partnership, L.P. |
ARC FENPXAZ001, LLC | Delaware | 100% |
| 97. | American Realty Capital Operating Partnership, L.P. |
ARC FESAGMI001, LLC | Delaware | 100% |
| 98. | American Realty Capital Operating Partnership, L.P. |
ARC FESHRTX001, LLC | Delaware | 100% |
| 99. | American Realty Capital Operating Partnership, L.P. |
ARC FEWLBNH001, LLC | Delaware | 100% |
| 100. | American Realty Capital Operating Partnership, L.P. |
ARC GSBRKNY001, LLC | Delaware | 100% |
| 101. | American Realty Capital Operating Partnership, L.P. |
ARC GSBRNTX001, LLC | Delaware | 100% |
| 102. | American Realty Capital Operating Partnership, L.P. |
ARC GSCOSCO001, LLC | Delaware | 100% |
| 103. | American Realty Capital Operating Partnership, L.P. |
ARC GSDALTX001, LLC | Delaware | 100% |
| 104. | American Realty Capital Operating Partnership, L.P. |
ARC GSEAGTX001, LLC | Delaware | 100% |
| 105. | American Realty Capital Operating Partnership, L.P. |
ARC GSKNXTN001, LLC | Delaware | 100% |
| 106. | American Realty Capital Operating Partnership, L.P. |
ARC GSNPRFL001, LLC | Delaware | 100% |
| 107. | American Realty Capital Operating Partnership, L.P. |
ARC GSPARTX001, LLC | Delaware | 100% |
| 108. | American Realty Capital Operating Partnership, L.P. |
ARC GSPARWV001, LLC | Delaware | 100% |
| 109. | American Realty Capital Operating Partnership, L.P. |
ARC GSREDCA001, LLC | Delaware | 100% |
| 110. | American Realty Capital Operating Partnership, L.P. |
ARC GSSCYIA001, LLC | Delaware | 100% |
| 111. | American Realty Capital Operating Partnership, L.P. |
ARC GSSVAAZ001, LLC | Delaware | 100% |
| 112. | American Realty Capital Operating Partnership, L.P. |
ARC HVHVPA0001 GP LLC | Delaware | 100% |
| 113. | American Realty Capital Operating Partnership, L.P. |
ARC HVLHNPA001 GP LLC | Delaware | 100% |
| 114. | American Realty Capital Operating Partnership, L.P. |
ARC HVLNDPA001 GP LLC | Delaware | 100% |
| Pledgor | Limited Liability Company | Jurisdiction of Organization |
Percent Interest | |
| 115. | American Realty Capital Operating Partnership, L.P. |
ARC HVLNDPA002 GP LLC | Delaware | 100% |
| 116. | American Realty Capital Operating Partnership, L.P. |
ARC HVLRKPA001 GP LLC | Delaware | 100% |
| 117. | American Realty Capital Operating Partnership, L.P. |
ARC HVLSDPA001 GP LLC | Delaware | 100% |
| 118. | American Realty Capital Operating Partnership, L.P. |
ARC HVPMTPA001 GP LLC | Delaware | 100% |
| 119. | American Realty Capital Operating Partnership, L.P. |
ARC HVSGHPA001 GP LLC | Delaware | 100% |
| 120. | American Realty Capital Operating Partnership, L.P. |
ARC HVSHPA0001 GP LLC | Delaware | 100% |
| 121. | American Realty Capital Operating Partnership, L.P. |
ARC HVSPKPA001 GP LLC | Delaware | 100% |
| 122. | American Realty Capital Operating Partnership, L.P. |
ARC HVSTNPA001 GP LLC | Delaware | 100% |
| 123. | American Realty Capital Operating Partnership, L.P. |
ARC HVSTNPA002 GP LLC | Delaware | 100% |
| 124. | American Realty Capital Operating Partnership, L.P. |
ARC HVSVPA0001 GP LLC | Delaware | 100% |
| 125. | American Realty Capital Operating Partnership, L.P. |
ARC HVWPTPA001 GP LLC | Delaware | 100% |
| 126. | American Realty Capital Operating Partnership, L.P. |
ARC HVWYMPA001 GP LLC | Delaware | 100% |
| 127. | American Realty Capital Operating Partnership, L.P. |
ARC KGADRIA001, LLC | Delaware | 100% |
| 128. | American Realty Capital Operating Partnership, L.P. |
ARC KGBLVMO001, LLC | Delaware | 100% |
| 129. | American Realty Capital Operating Partnership, L.P. |
ARC KGBLVMO002, LLC | Delaware | 100% |
| 130. | American Realty Capital Operating Partnership, L.P. |
ARC KGFGRMO001, LLC | Delaware | 100% |
| 131. | American Realty Capital Operating Partnership, L.P. |
ARC KGHLSMO001, LLC | Delaware | 100% |
| 132. | American Realty Capital Operating Partnership, L.P. |
ARC KGMNTMO001, LLC | Delaware | 100% |
| 133. | American Realty Capital Operating Partnership, L.P. |
ARC KGNLAIA001, LLC | Delaware | 100% |
| 134. | American Realty Capital Operating Partnership, L.P. |
ARC KGSPFMO001, LLC | Delaware | 100% |
| 135. | American Realty Capital Operating Partnership, L.P. |
ARC KGSPFMO002, LLC | Delaware | 100% |
| 136. | American Realty Capital Operating Partnership, L.P. |
ARC KGSPFMO003, LLC | Delaware | 100% |
| 137. | American Realty Capital Operating Partnership, L.P. |
ARC KGSPFMO004, LLC | Delaware | 100% |
| Pledgor | Limited Liability Company | Jurisdiction of Organization |
Percent Interest | |
| 138. | American Realty Capital Operating Partnership, L.P. |
ARC KGSPFMO005, LLC | Delaware | 100% |
| 139. | American Realty Capital Operating Partnership, L.P. |
ARC KGSPFMO006, LLC | Delaware | 100% |
| 140. | American Realty Capital Operating Partnership, L.P. |
ARC KGSPFMO007, LLC | Delaware | 100% |
| 141. | American Realty Capital Operating Partnership, L.P. |
ARC KGSPFMO008, LLC | Delaware | 100% |
| 142. | American Realty Capital Operating Partnership, L.P. |
ARC KGWYVMO001, LLC | Delaware | 100% |
| 143. | American Realty Capital Operating Partnership, L.P. |
ARC LWAUGGA001, LLC | Delaware | 100% |
| 144. | American Realty Capital Operating Partnership, L.P. |
ARC MBOKCOK001, LLC | Delaware | 100% |
| 145. | American Realty Capital Operating Partnership, L.P. |
ARC MBWESTX001, LLC | Delaware | 100% |
| 146. | American Realty Capital Operating Partnership, L.P. |
ARC ORBVAMI001, LLC | Delaware | 100% |
| 147. | American Realty Capital Operating Partnership, L.P. |
ARC ORRSVMI001, LLC | Delaware | 100% |
| 148. | American Realty Capital Operating Partnership, L.P. |
ARC ORSGNMI001, LLC | Delaware | 100% |
| 149. | American Realty Capital Operating Partnership, L.P. |
ARC PMOTTIL001, LLC | Delaware | 100% |
| 150. | American Realty Capital Operating Partnership, L.P. |
ARC RNAUGGA001, LLC | Delaware | 100% |
| 151. | American Realty Capital Operating Partnership, L.P. |
ARC RNDKSTN001, LLC | Delaware | 100% |
| 152. | American Realty Capital Operating Partnership, L.P. |
ARC RNKSCKS001, LLC | Delaware | 100% |
| 153. | American Realty Capital Operating Partnership, L.P. |
ARC RNMPHTN001, LLC | Delaware | 100% |
| 154. | American Realty Capital Operating Partnership, L.P. |
ARC RNNAUSC001, LLC | Delaware | 100% |
| 155. | American Realty Capital Operating Partnership, L.P. |
ARC RNNCSIN001, LLC | Delaware | 100% |
| 156. | American Realty Capital Operating Partnership, L.P. |
ARC RNSMPTN001, LLC | Delaware | 100% |
| 157. | American Realty Capital Operating Partnership, L.P. |
ARC RNSVLGA001, LLC | Delaware | 100% |
| 158. | American Realty Capital Operating Partnership, L.P. |
ARC RNVLDGA001, LLC | Delaware | 100% |
| 159. | American Realty Capital Operating Partnership, L.P. |
ARC TJPTLME001, LLC | Delaware | 100% |
| 160. | American Realty Capital Operating Partnership, L.P. |
ARC TSFRCSC001, LLC | Delaware | 100% |
| Pledgor | Limited Liability Company | Jurisdiction of Organization |
Percent Interest | |
| 161. | American Realty Capital Operating Partnership, L.P. |
ARC TSKMZMI001, LLC | Delaware | 100% |
| 162. | American Realty Capital Operating Partnership, L.P. |
ARC TSMDNGA001, LLC | Delaware | 100% |
| 163. | American Realty Capital Operating Partnership, L.P. |
ARC TSPTKCT001, LLC | Delaware | 100% |
| 164. | American Realty Capital Operating Partnership, L.P. |
ARC VACLDID001, LLC | Delaware | 100% |
| 165. | American Realty Capital Operating Partnership, L.P. |
ARC WGANGNY001, LLC | Delaware | 100% |
| 166. | American Realty Capital Operating Partnership, L.P. |
ARC WGBKLNY001 LLC | Delaware | 100% |
| 167. | American Realty Capital Operating Partnership, L.P. |
ARC WGBKLNY002 LLC | Delaware | 100% |
| 168. | American Realty Capital Operating Partnership, L.P. |
ARC WGELKIN001, LLC | Delaware | 100% |
| 169. | American Realty Capital Operating Partnership, L.P. |
ARC WGMRCLA001, LLC | Delaware | 100% |
| 170. | American Realty Capital Operating Partnership, L.P. |
ARC WGPTHNY001 LLC | Delaware | 100% |
| 171. | American Realty Capital Operating Partnership, L.P. |
ARC WGQNSNY001 LLC | Delaware | 100% |
| 172. | American Realty Capital Operating Partnership, L.P. |
ARC WGQNSNY002 LLC | Delaware | 100% |
| 173. | American Realty Capital Operating Partnership, L.P. |
ARC WGQNSNY003 LLC | Delaware | 100% |
| 174. | American Realty Capital Operating Partnership, L.P. |
ARC WPMRNOH001, LLC | Delaware | 100% |
| 175. | American Realty Capital Operating Partnership, L.P. |
CRE JV Mixed Five IL 1 Branch Holdings LLC | Delaware | 100% |
