Exhibit 10(nn)
JOINDER TO REVOLVING CREDIT AGREEMENT
This JOINDER TO REVOLVING CREDIT AGREEMENT ("Joinder Agreement") is made
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and entered into as of this 16/th/ day of August, 2001 by COMMERZBANK AG, New
YORK AND GRAND CAYMAN BRANCHES (the "Joining Lender") for the benefit of the
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Borrower, the Co-Arrangers and the Lenders under that certain Revolving Credit
Agreement dated as of July 31, 2000 (the "Credit Agreement") among GGP Limited
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Partnership, GGPLP L.L.C., Bank of America, N.A., U.S. Bank National
Association, Dresdner Bank AG, New York and Grand Cayman Branches, and the
institutions from time to time parties thereto as Lenders. Capitalized terms
used and not otherwise defined in this Joinder Agreement shall have the
respective meanings ascribed to them in the Credit Agreement.
Pursuant to Section 3.2 of the Credit Agreement, the Joining Lender
hereby joins in and becomes a party to the Credit Agreement and the other Loan
Documents, and assumes all of the obligations of a Lender thereunder, all upon
and subject to the terms and conditions set forth in the said Section 3.2, and
with the effect as provided therein.
In witness of the foregoing, the Joining Lender has executed and
delivered this Joinder Agreement to the Borrower, the Co-Arrangers and the
Lenders as of the day and year first set forth above.
JOINING LENDER: COMMERZBANK AG, NEW YORK AND GRAND CAYMAN
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BRANCHES
By: /s/ Xxxxxxx X. Xxxxxxx /s/ Xxxxx Xxxxxxxx
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Name: Xxxxxxx X. Xxxxxxx Xxxxx Xxxxxxxx
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Title: Senior Vice President Assisant V.P.
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Revolving Credit Commitment: Notice Address, Domestic Lending Office and
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$25,000,000 Eurodollar Lending Office:
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Commerzbank AG, New York
and Grand Cayman Branches
Two World Financial Center
New York, New York 10281
Attention: Xxxxxxx Xxxxxxx
Telephone: (000) 000-0000
Facsimile: (000) 000-0000
CONSENT TO JOINDER AND ACKNOWLEDGEMENT
Pursuant to and as required by Section 3.1 of the Credit Agreement, the
Co-Arrangers and the Borrower hereby consent to, and the undersigned Lenders
consent to, the joinder of the Joining Lender pursuant to the foregoing Joinder
Agreement, and to the increase in the Maximum Aggregate Commitment Amount
resulting therefrom, which Maximum Aggregate Commitment Amount, after giving
effect to the foregoing Joinder Agreement, is acknowledged to be $185,000,000.
BORROWER: GGPLP L.L.C., a Delaware limited
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liability company
By: GGP LIMITED PARTNERSHIP, a Delaware
limited partnership, its sole
managing member
By: GENERAL GROWTH PROPERTIES, INC.,
a Delaware corporation, its sole
general partner
By: /s/ Xxxxxxx Xxxxxxxx
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Name: Xxxxxxx Xxxxxxxx
Title: Executive Vice President
GGP LIMITED PARTNERSHIP, a Delaware
limited partnership
By: GENERAL GROWTH PROPERTIES, INC., a
Delaware corporation, its sole
general partner
By: /s/ Xxxxxxx Xxxxxxxx
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Name: Xxxxxxx Xxxxxxxx
Title: Executive Vice President
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SYNDICATION AGENT AND LENDER: U.S. BANK NATIONAL ASSOCIATION, a
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national banking association
By: /s/ Xxxx X. Xxxxx
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Name: Xxxx X. Xxxxx
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Title: Vice President
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ADMINISTRATIVE AGENT AND LENDER: BANK OF AMERICA, N.A., a national
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banking association
By: /s/ Xxxxxx X. Xxxxxxxxx
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Name: Xxxxxx X. Xxxxxxxxx
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Title: Principal
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DOCUMENTATION AGENT AND LENDER: DRESDNER BANK AG, NEW YORK AND GRAND
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CAYMAN BRANCHES
By: /s/ Xxxxxxx Xxxxxx
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Name: Xxxxxxx Xxxxxx
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Title: Director
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By: /s/ Xxxx Xxxxxxx
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Name: Xxxx Xxxxxxx
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Title: Associate
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LENDER: BAYERISCHE Hypo-und
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Vereinsbank, NEW YORK BRANCH
By: /s/ Xxxxxx X. Xxxxx
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Name: Xxxxxx X. Xxxxx
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Title: Managing Director
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By: /s/ Xxxxxxx X. Xxxxxx
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Name: Xxxxxxx X. Xxxxxx
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Title: Associate Director
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