JOINDER AGREEMENT
EXECUTION VERSION
Exhibit 10.43
JOINDER AGREEMENT, dated as of February ___, 2018 (this “Joinder Agreement”), made by the Subsidiaries signatory hereto (each, a “New Guarantor”) in favor of Bank of America, N.A., as administrative agent (in such capacity, together with its successors and assigns, the “Administrative Agent”) for the Lenders referred to in that certain Amended and Restated Credit Agreement, dated as of October 20, 2017 (as amended, restated, amended and restated, extended, supplemented or otherwise modified in writing from time to time, the “Credit Agreement;” the terms defined therein being used herein as therein defined), among Xxxxxxx-Xxxxxx, Inc., a Delaware corporation (the “Parent Borrower”), the Designated Borrowers from time to time party thereto, Xxxxxxx-Xxxxxx Holdings, Inc. and its subsidiaries from time to time party thereto as guarantors, the Lenders from time to time party thereto, Bank of America, N.A., as Administrative Agent, and Bank of America, N.A. and JPMorgan Chase Bank, N.A. as L/C Issuers.
1.Each New Guarantor, hereby acknowledges that it has received and reviewed a copy of the Credit Agreement, and acknowledges and agrees to:
(a) join the Credit Agreement as a Guarantor, as indicated with its signature below;
(b) be bound by all covenants, agreements and acknowledgments attributable to a Guarantor in the Credit Agreement; and
(c) perform all obligations and duties required of it by the Credit Agreement.
2. Each New Guarantor represents and warrants that the representations and warranties contained in Article V of the Credit Agreement as they relate to such New Guarantor or which are contained in any other Loan Document under or in connection herewith are true and correct in all material respects on and as of the date hereof, except (i) to the extent that such representations and warranties specifically refer to an earlier date, in which case they shall be true and correct in all material respects as of such earlier date, (ii) any representation or warranty that is already by its terms qualified as to “materiality”, “Material Adverse Effect” or similar language shall be true and correct in all respects as of such applicable date (including such earlier date set forth in the foregoing clause (i)) after giving effect to such qualification and (iii) that for purposes of this certification, the representations and warranties contained in subsections (a) and (b) of Section 5.05 shall be deemed to refer to the most recent statements furnished pursuant to subsections (a) and (b), respectively, of Section 6.01.
3. The name, type of organization, jurisdiction of incorporation or organization and taxpayer identification number (or, in the case of a Foreign Subsidiary, the true and correct unique identification number that has been issued to such Foreign Subsidiary by its jurisdiction of organization, if any) of each New Guarantor is set forth in Annex I to this Joinder Agreement.
4. This Joinder Agreement may be executed in counterparts (and by different parties hereto in different counterparts), each of which shall constitute an original, but all of which when taken together shall constitute a single agreement.
5. Except as expressly supplemented hereby, the Credit Agreement and the Guaranty shall remain in full force and effect.
6. THIS JOINDER AGREEMENT AND ANY CLAIMS, CONTROVERSY, DISPUTE OR CAUSE OF ACTION (WHETHER IN CONTRACT OR TORT OR OTHERWISE) BASED UPON, ARISING OUT OF OR RELATING TO THIS JOINDER AGREEMENT AND THE TRANSACTIONS CONTEMPLATED HEREBY SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK.
[Signature Page Follows]
IN WITNESS WHEREOF, each of the undersigned has caused this Joinder Agreement to be duly executed and delivered by its proper and duly authorized officer as of the day and year first above written.
KW HANOVER QUAY, LLC
XXXXXXX XXXXXX PROPERTY EQUITY VI, LLC
XXXXXXX XXXXXX PROPERTY SERVICES VI, LLC
KW LV 3 SPONSOR, LLC
KW NB LLC
XX XXXXXXXXX LAND, LLC,
each as a New Guarantor
each as a New Guarantor
By: | Name: Xxxx Xxxxxx Title: President |
ACKNOWLEDGED AND AGREED TO:
BANK OF AMERICA, N.A.,
as Administrative Agent
as Administrative Agent
By:
Name:
Title:
XXXXXXX-XXXXXX, INC.,
as the Parent Borrower
as the Parent Borrower
By:
Name: Xxxx Xxxxxx
Title: Vice President
ANNEX I
TO JOINDER AGREEMENT
TO JOINDER AGREEMENT
Name of Guarantor | Type of Organization | Jurisdiction of Incorporation/Organization | Taxpayer ID/ Identification Number |
KW Hanover Quay, LLC | Limited liability company | Delaware | 00-0000000 |
Xxxxxxx Xxxxxx Property Services VI, LLC | Limited liability company | Delaware | 00-0000000 |
Xxxxxxx Xxxxxx Property Equity VI, LLC | Limited liability company | Delaware | 00-0000000 |
KW LV 3 Sponsor, LLC | Limited liability company | Delaware | 00-0000000 |
KW NB LLC | Limited liability company | Delaware | 00-0000000 |
XX Xxxxxxxxx Land, LLC | Limited liability company | Delaware | 00-0000000 |