EXHIBIT 10.4
MODIFICATION, AMENDMENT, AND INCREASE
OF CREDIT AGREEMENT AND OTHER LOAN DOCUMENTS
THIS MODIFICATION, AMENDMENT, AND INCREASE OF CREDIT AGREEMENT AND OTHER
LOAN DOCUMENTS (this "AMENDMENT") is entered into on January __, 1997, to be
effective as of January 24, 1997, between XXXXXXXX PROPERTIES ACQUISITION
PARTNERS, L.P., a Delaware limited partnership ("BORROWER"), each of the banks
or other lending institutions which is a signatory to this Amendment
(collectively, the "LENDERS"), BANK ONE, TEXAS, N.A., a national banking
association, as Administrative Agent for the Lenders (in such capacity, together
with its successors in such capacity, the "ADMINISTRATIVE AGENT"), and
NATIONSBANK OF TEXAS, N.A., a national banking association, as Documentation
Agent for the Lenders (in such capacity, together with its successors in such
capacity, the "DOCUMENTATION AGENT").
R E C I T A L S
- - - - - - - -
A. Borrower, the Lenders, the Administrative Agent, and the Documentation
Agent are parties to the Credit Agreement (as increased, renewed, extended,
modified, and amended from time-to-time, the "CREDIT AGREEMENT") dated as of
October 17, 1996, providing for a $100,000,000.00 revolving line of credit.
B. Capitalized terms used herein shall, unless otherwise indicated, have
the respective meanings set forth in the Credit Agreement.
C. Borrower has requested that (i) each Lender increase its Commitment,
(ii) the Lenders increase the Total Commitment, and (iii) the Administrative
Agent, the Documentation Agent, and the Lenders modify certain other provisions
contained in the Credit Agreement.
D. The parties hereto desire to amend the Credit Agreement and certain
other Loan Documents, subject to the terms and conditions set forth herein.
NOW, THEREFORE, for good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, Borrower, the Lenders, the
Administrative Agent, and the Documentation Agent agree as follows:
1. AMENDMENTS TO THE CREDIT AGREEMENT.
(a) The definition of "Applicable Margin" in SECTION 1.1 of the Credit
Agreement is hereby deleted in its entirety and replaced with the following:
"APPLICABLE MARGIN" means, at the time of determination thereof, the
interest margin over the Base Rate or the Eurodollar Rate, as the case may
be, based upon the Rating Requirement as follows:
======================================================================
RATING REQUIREMENT APPLICABLE MARGIN
======================================================================
XXXXX'X RATING S & P RATING BASE RATE EURODOLLAR
BORROWINGS BORROWINGS
======================================================================
Less than Less than 0% 1.75%
Baa3 or not BBB- or not
rated rated
----------------------------------------------------------------------
Baa3 BBB- 0% 1.50%
----------------------------------------------------------------------
Baa2 or BBB or better 0% 1.25%
better
======================================================================
(b) The definition of "Pay Rate Constant" in SECTION 1.1 of the Credit
Agreement is hereby deleted in its entirety and replaced with the following:
"PAY RATE CONSTANT" means, as of any date, a variable Constant Annual
Percentage utilizing (a) a rate of interest equal to the greater of (i) the
Base Rate plus the Applicable Margin as of such date, or (ii) the
Eurodollar Rate for an Interest Period of one (1) month plus the Applicable
Margin as of such date, and (b) a twenty-five (25) year amortization.
(c) SECTION 3.1(a) of the Credit Agreement is hereby deleted in its
entirety and replaced with the following:
(a) The Principal Debt shall be evidenced by the Notes, which Notes
shall be payable to the Lenders in the aggregate stated principal
amount of the Total Commitment.
(d) SECTION 3.19(c) of the Credit Agreement is hereby deleted in its
entirety and replaced with the following:
(C) COMMITMENT FEES.
(i) Borrower shall pay to the Administrative Agent, for the
account of the Lenders, the commitment fees described in the letter
agreement or agreements between Borrower, the Administrative Agent,
and the Lenders.
(ii) Borrower agrees to pay to the Administrative Agent, for the
ratable account of the Lenders, a commitment fee equal to the sum of
the amounts obtained by multiplying the average daily Unused
Commitment set forth below times the applicable percentage set forth
opposite such portion below:
=========================================================================
UNUSED COMMITMENTS APPLICABLE PERCENTAGE PER ANNUM
=========================================================================
$0.00 through $74,999,999.99 0.125%
-------------------------------------------------------------------------
Equal to or greater than $75,000,000.00 0.25%
=========================================================================
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Such commitment fee shall be due and payable in arrears on the first
(1st) day of each April, July, October, and January during the term
hereof, commencing on April 1, 1997, and on the Termination Date, based
upon the Unused Commitment for each day during the quarter ending on
such date. Solely for purposes of this SECTION 3.19(c), "ratable"
means, for any calculation period, with respect to any Lender, the
proportion that (A) the average daily unused Commitment of such Lender
during the period bears to (B) the aggregate amount of the average
daily unused Total Commitment during the period.
(e) SECTION 9.1 of the Credit Agreement is hereby deleted in its entirety
and replaced with the following:
9.1 MINIMUM TANGIBLE NET WORTH. As of any date, Tangible Net Worth
to be less than the sum of (i) $275,000,000.00, and (ii) eighty percent
(80%) of the amount of net cash proceeds of any equity issuances of
Borrower or Guarantor, as the case may be, subsequent to the IPO.
(f) SECTION 13.11(e) of the Credit Agreement is hereby deleted in its
entirety and replaced with the following:
(E) Until March 31, 1997, each Agent shall identify and solicit
prospective Purchasers or Participants to be assignees of or participants
in the Rights and obligations of each Agent under this Agreement (in such
capacity, "SYNDICATING LENDERS") in an amount of up to $100,000,000.00.
During such period, the Syndicating Lenders shall (i) not solicit or enter
into any such assignment or participation except as provided in this
SECTION 13.11(e), and (ii) refer each prospective Purchaser or Participant
that expresses an interest in purchasing or acquiring any such assignment
or participation to the other Syndicating Lender. Each Syndicating Lender,
upon identifying any prospective Purchaser or Participant desiring to be an
assignee of or participant in any portion of the Rights and obligations of
the Syndicating Lenders under this Agreement, shall deliver written notice
to the other Syndicating Lender of the terms of such transaction ("PROPOSED
SYNDICATION TRANSACTION"). Each Syndicating Lender shall have the right to
participate in such Proposed Syndication Transaction on the terms set forth
in such notice by so notifying the other Syndicating Lender within five (5)
days of receiving such notice. The assignment or participation effected by
such Proposed Syndication Transaction shall be allotted equally to each
participating Syndicating Lender. Notwithstanding anything contained to
the contrary in SECTION 13.11(c), the aggregate assignments to a Purchaser
by the Syndicating Lenders shall be in an aggregate amount of not less
$15,000,000.00 or a greater integral multiple of $1,000,000.00.
(g) SCHEDULE 1 to the Credit Agreement is hereby deleted in its entirety
and replaced with SCHEDULE 1 attached hereto.
(h) SCHEDULE 2 to the Credit Agreement is hereby deleted in its entirety
and replaced with SCHEDULE 2 attached hereto.
2. AMENDMENTS TO OTHER LOAN DOCUMENTS.
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(a) All references in the Loan Documents to the Credit Agreement shall
henceforth include references to the Credit Agreement, as modified, amended, and
increased hereby, and as may, from time- to-time, be further amended, modified,
extended, renewed, and/or increased.
(b) Any and all of the terms and provisions of the Loan Documents are
hereby amended and modified wherever necessary, even though not specifically
addressed herein, so as to conform to the amendments and modifications set forth
herein.
3. RATIFICATIONS. Borrower (a) ratifies and confirms all provisions of
the Loan Documents as amended by this Amendment, (b) ratifies and confirms that
all guaranties, assurances, and Liens granted, conveyed, or assigned to the
Administrative Agent, the Documentation Agent, or the Lenders under the Loan
Documents are not released, reduced, or otherwise adversely affected by this
Amendment and continue to guarantee, assure, and secure full payment and
performance of the present and future Obligation, and (c) agrees to perform such
acts and duly authorize, execute, acknowledge, deliver, file, and record such
additional documents, and certificates as the Administrative Agent, the
Documentation Agent, and the Lenders may reasonably request in order to create,
perfect, preserve, and protect those guaranties, assurances, and Liens.
4. REPRESENTATIONS. Borrower represents and warrants to the
Administrative Agent, the Documentation Agent, and the Lenders that as of the
date of this Amendment: (a) the Amendment Documents (defined below) have been
duly authorized, executed, and delivered by Borrower and each of the other
Companies that are parties to the Amendment Documents; (b) no action of, or
filing with, any Governmental Authority is required to authorize, or is
otherwise required in connection with, the execution, delivery, and performance
by Borrower or the other Companies of the Amendment Documents to which they are
a party, other than recordation of the Amendment Documents described in ITEM 4
of EXHIBIT A; (c) the Loan Documents, as amended by the Amendment Documents, are
valid and binding upon Borrower and the other Companies that are parties to the
Amendment Documents and are enforceable against Borrower and the other Companies
in accordance with their respective terms, except as limited by Debtor Relief
Laws and general principles of equity; (d) the execution, delivery, and
performance by Borrower and the other Companies to which they are a party of the
Amendment Documents do not require the consent of any other Person and do not
and will not constitute a violation of any Governmental Requirement, order of
any Governmental Authority, or material agreements to which Borrower or any
other Company is a party thereto or by which Borrower or any other Company is
bound; (e) all representations and warranties in the Loan Documents are true and
correct in all material respects on and as of the date of this Amendment, except
to the extent that (i) any of them speak to a different specific date, or (ii)
the facts on which any of them were based have been changed by transactions
contemplated or permitted by the Credit Agreement; and (f) both before and after
giving effect to the Amendment Documents, no Potential Default or Default
exists.
5. CONDITIONS. This Amendment and the other Amendment Documents shall not
be effective unless and until:
(a) the Agents shall have received the documents set forth on EXHIBIT A
attached hereto (the "AMENDMENT DOCUMENTS"), in form and substance acceptable to
the Agents;
(b) the representations and warranties in this Amendment are true and
correct in all material respects on and as of the date of this Amendment, except
to the extent that (i) any of them speak to a different specific date, or (ii)
the facts on which any of them were based have been changed by transactions
contemplated or permitted by the Credit Agreement; and
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(c) both before and after giving effect to this Amendment, no Potential
Default or Default exists.
6. CONTINUED EFFECT. Except to the extent amended hereby or by any
documents executed in connection herewith, all terms, provisions, and conditions
of the Credit Agreement and the other Loan Documents, and all documents executed
in connection therewith, shall continue in full force and effect and shall
remain enforceable and binding in accordance with their respective terms.
7. MISCELLANEOUS. Unless stated otherwise (a) the singular number
includes the plural and vice versa and words of any gender include each other
gender, in each case, as appropriate, (b) headings and captions may not be
construed in interpreting provisions, (c) this Amendment must be construed --
and its performance enforced -- under Texas law, (d) if any part of this
Amendment is for any reason found to be unenforceable, all other portions of it
nevertheless remain enforceable, and (e) this Amendment may be executed in any
number of counterparts with the same effect as if all signatories had signed the
same document, and all of those counterparts must be construed together to
constitute the same document.
8. ENTIRETIES. THE CREDIT AGREEMENT AND THE OTHER LOAN DOCUMENTS, AS
AMENDED BY THIS AMENDMENT AND THE OTHER AMENDMENT DOCUMENTS, REPRESENT THE FINAL
AGREEMENT BETWEEN THE PARTIES ABOUT THE SUBJECT MATTER OF THE CREDIT AGREEMENT
AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS, OR SUBSEQUENT
ORAL AGREEMENTS OF THE PARTIES. THERE ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN
THE PARTIES.
9. PARTIES. This Amendment binds and inures to Borrower, the
Administrative Agent, the Documentation Agent, and the Lenders and their
respective successors and permitted assigns.
[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK;
SIGNATURE PAGES TO FOLLOW.]
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SIGNATURE PAGE TO MODIFICATION, AMENDMENT, AND INCREASE
OF CREDIT AGREEMENT AND OTHER LOAN DOCUMENTS
BETWEEN XXXXXXXX PROPERTIES ACQUISITION PARTNERS, L.P.,
BANK ONE, TEXAS, N.A., AS ADMINISTRATIVE AGENT,
NATIONSBANK OF TEXAS, N.A., AS DOCUMENTATION AGENT,
AND THE LENDERS DEFINED THEREIN
EXECUTED as of the day and year first mentioned.
XXXXXXXX PROPERTIES ACQUISITION PARTNERS, L.P.,
a Delaware limited partnership,
as Borrower
By: XXXXXXXX PROPERTIES I, INC.,
General Partner
By:
----------------------------------------
Xxxx X. Xxxxx
Executive Vice President
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SIGNATURE PAGE TO MODIFICATION, AMENDMENT, AND INCREASE
OF CREDIT AGREEMENT AND OTHER LOAN DOCUMENTS
BETWEEN XXXXXXXX PROPERTIES ACQUISITION PARTNERS, L.P.,
BANK ONE, TEXAS, N.A., AS ADMINISTRATIVE AGENT,
NATIONSBANK OF TEXAS, N.A., AS DOCUMENTATION AGENT,
AND THE LENDERS DEFINED THEREIN
BANK ONE, TEXAS, N.A.,
as the Administrative Agent and a Lender
By:
---------------------------------------------
Xxxxxxxx Xxxxxxxxxx
Vice President
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SIGNATURE PAGE TO MODIFICATION, AMENDMENT, AND INCREASE
OF CREDIT AGREEMENT AND OTHER LOAN DOCUMENTS
BETWEEN XXXXXXXX PROPERTIES ACQUISITION PARTNERS, L.P.,
BANK ONE, TEXAS, N.A., AS ADMINISTRATIVE AGENT,
NATIONSBANK OF TEXAS, N.A., AS DOCUMENTATION AGENT,
AND THE LENDERS DEFINED THEREIN
NATIONSBANK OF TEXAS, N.A.,
as the Documentation Agent and a Lender
By:
---------------------------------------------
Xxxx X. Xxxx
Senior Vice President
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To induce the Administrative Agent, the Documentation Agent, and the
Lenders to enter into this Amendment, the undersigned jointly and severally (a)
consent and agree to the Amendment Documents' execution and delivery, (b) ratify
and confirm that all guaranties, assurances, and Liens granted, conveyed, or
assigned to the Administrative Agent or the Lenders under the Loan Documents are
not released, diminished, impaired, reduced, or otherwise adversely affected by
the Amendment Documents and continue to guarantee, assure, and secure the full
payment and performance of all present and future Obligation (except to the
extent specifically limited by the terms of such guaranties, assurances, or
Liens, (c) agree to perform such acts and duly authorize, execute, acknowledge,
deliver, file, and record such additional guaranties, assignments, security
agreements, deeds of trust, mortgages, and other agreements, documents,
instruments, and certificates as the Administrative Agent, the Documentation
Agent, and the Lenders may reasonably deem necessary or appropriate in order to
create, perfect, preserve, and protect those guaranties, assurances, and Liens,
and (d) waive notice of acceptance of this consent and agreement, which consent
and agreement binds the undersigned and their successors and permitted assigns
and inures to the Administrative Agent, the Documentation Agent, and the Lenders
and their respective successors and permitted assigns.
XXXXXXXX PROPERTIES TRUST, a Maryland real estate
investment trust
By:
----------------------------------------------------
Name:
---------------------------------------------
Title:
--------------------------------------------
PL PROPERTIES ASSOCIATES, L.P., a Delaware limited
partnership
By: XXXXXXXX PROPERTIES ACQUISITION PARTNERS, L.P., a
Delaware limited partnership, General Partner
By: XXXXXXXX PROPERTIES I, INC., a Delaware
corporation, General Partner
By:
-----------------------------------------
Xxxx X. Xxxxx
Executive Vice President
WESTERN AVENUE ASSOCIATES LIMITED PARTNERSHIP, a
Maryland limited partnership
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By: XXXXXXXX PROPERTIES ACQUISITION PARTNERS, L.P., a
Delaware limited partnership, General Partner
By: XXXXXXXX PROPERTIES I, INC., a Delaware
corporation, General Partner
By:
-----------------------------------------
Xxxx X. Xxxxx
Executive Vice President
RUN DEEP LIMITED PARTNERSHIP, a Maryland limited
partnership
By: XXXXXXXX PROPERTIES ACQUISITION PARTNERS, L.P., a
Delaware limited partnership, General Partner
By: XXXXXXXX PROPERTIES I, INC., a Delaware
corporation, General Partner
By:
-----------------------------------------
Xxxx X. Xxxxx
Executive Vice President
RIVERSIDE INVESTORS, a Maryland general partnership
By: XXXXXXXX PROPERTIES ACQUISITION PARTNERS, L.P., a
Delaware limited partnership, General Partner
By: XXXXXXXX PROPERTIES I, INC., a Delaware
corporation, General Partner
By:
-----------------------------------------
Xxxx X. Xxxxx
Executive Vice President
XXXXXXXX X'XXXX ILLINOIS, INC., an Illinois corporation
By:
----------------------------------------------------
Xxxx X. Xxxxx
Executive Vice President
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EXHIBIT A
LIST OF AMENDMENT DOCUMENTS
1. This Amendment.
2. A Note executed by Borrower and payable to the order of Bank One, Texas,
N.A. in the original principal amount of $75,000,000.00, which note shall
be in modification, increase, and substitution of the Note delivered
pursuant to the Credit Agreement.
3. A Note executed by Borrower and payable to the order of NationsBank of
Texas, N.A. in the original principal amount of $75,000,000.00, which note
shall be in modification, increase, and substitution of the Note delivered
pursuant to the Credit Agreement.
4. Amendments to the Collateral Documents covering each of the following
Projects:
-----------------------
PROJECT
-----------------------
X-0 Xxxx Xxxx
(Xxxxx)
-----------------------
5307 E. Mockingbird
(Texas)
-----------------------
Cottonwood Office
(Texas)
-----------------------
Plaza on Xxxxxxx
(Texas)
-----------------------
Xxxxxxxxx III
(Texas)
-----------------------
00000 Xxxxxxxxxx
(Xxxxx)
-----------------------
0000 Xxxxxx X
(Xxxxx)
-----------------------
0000 Xxxxxxx
(Xxxxx)
-----------------------
West Loop
(Texas)
-----------------------
0000 Xxxxxxxx Xxxx
(Virginia)
-----------------------
Cumberland Office Park
(Georgia)
-----------------------
1329 Western
(Maryland)
-----------------------
4611 Mercedes
(Maryland)
-----------------------
8869 Greenwood
(Maryland)
-----------------------
Deep Run
(Maryland)
-----------------------
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5. Endorsements (or other arrangements acceptable to the Administrative Agent
and the Documentation Agent) to each Mortgagee Policy of Title Insurance
issued with respect to the Projects listed above.
6. Officer's Certificate of Xxxxxxxx Properties I, Inc. ("PPI") certifying the
(a) constituent documents and resolutions of PPI, (b) constituent documents
of Borrower, (c) constituent documents of each other Company (including PL
Properties, L.P., Riverside Investors, Western Avenue Associates Limited
Partnership, Run Deep Limited Partnership, and Xxxxxxxx X'Xxxx Illinois,
Inc.), and (d) the incumbency of officers of PPI.
7. Officer's Certificate of Xxxxxxxx Properties Trust certifying the (a)
constituent documents and resolutions of Xxxxxxxx Properties Trust, and (b)
the incumbency of officers of Xxxxxxxx Properties Trust.
8. Certificates of Existence and Good Standing of Borrower issued by the
Delaware Secretary of State.
9. Opinions of the Companies' Texas, Maryland, Georgia, Virginia, and Illinois
counsel.
10. Such other information or documents as may be reasonably required by
Lender.
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SCHEDULE 1
PARTIES, ADDRESSES, COMMITMENTS AND WIRING INFORMATION
================================================================================
BORROWER
================================================================================
Xxxxxxxx Properties Acquisition
Partners, L.P.
0000 X. Xxxxxxxxx Xxxxxxx, Xxxxx 000
Xxxxxx, Xxxxx 00000
Attention: Xx. Xxxxxxx X. Xxxxxxxx /
Mr. Xxxx Xxxxx
With a Copy to:
Akin, Gump, Strauss, Xxxxx & Xxxx,
L.L.P.
0000 Xxxxxxx Xxxxxx, Xxxxx 0000
Xxxxxx, Xxxxx 00000-0000
Attention: Xxxxxxx X. Xxxxxx, Esq.
================================================================================
ADMINISTRATIVE AGENT
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
Xxxx Xxx, Xxxxx, N.A.
0000 Xxxx Xxxxxx
Xxxxxx, Xxxxx 00000
Attention: Xx. Xxxxxxxx Xxxxxxxxxx
Vice President
Fax: (000) 000-0000
Wiring Instructions:
Bank One, Texas, N.A.
ABA No. 000000000
Reference: Xxxxxxxx Properties
Acquisition Partners, L.P.
Attention: Ms. Xxxxxx Xxxxx
(000) 000-0000
================================================================================
DOCUMENTATION AGENT
================================================================================
NationsBank of Texas, N.A.
000 Xxxx Xxxxxx, 00xx Xxxxx
Xxxxxx, Xxxxx 00000-0000
Attn: Xx. Xxxxxx X. Xxxxx
Assistant Vice President
Fax: (000) 000-0000
Wiring Instructions:
NationsBank of Texas, N.A.
ABA # 000000000
Corporate Loans FTA 000-0000-000
Reference: Xxxxxxxx Properties
Acquisition Partners, L.P.
Attention: Xxxxx Xxxxxx (000) 000-0000
================================================================================
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================================================================================
Pro Rata Part of the
LENDERS Commitment Commitments
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
Xxxx Xxx, Xxxxx, N.A. $75,000,000.00 50%
0000 Xxxx Xxxxxx
Xxxxxx, Xxxxx 00000
Attention: Xx. Xxxxxxxx Xxxxxxxxxx
Vice President
Fax: (000) 000-0000
Wiring Instructions:
Bank One, Texas, N.A.
ABA No. 000000000
Reference: Xxxxxxxx Properties
Acquisition Partners, L.P.
Attention: Ms. Xxxxxx Xxxxx
(000) 000-0000
--------------------------------------------------------------------------------
NationsBank of Texas, N.A. $75,000,000.00 50%
000 Xxxx Xxxxxx, 51st Floor
X.X. Xxx 000000
Xxxxxx, Xxxxx 00000-0000
Attn: Xx. Xxxxxx X. Xxxxx
Assistant Vice President
Fax: (000) 000-0000
Wiring Instructions:
NationsBank of Texas, N.A.
ABA # 000000000
Corporate Loans FTA 000-0000-000
Reference: Xxxxxxxx Properties
Acquisition Partners, L.P.
Attention: Xxxxx Xxxxxx (000) 000-0000
================================================================================
Total Commitments $150,000,000 100%
================================================================================
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SCHEDULE 2
PROJECTS ADMITTED INTO BORROWING BASE
AS OF JANUARY 24, 1997
-------------------------------------------------------------
PROJECT APPROVED COST SQUARE FOOTAGE
-------------------------------------------------------------
C-2 Park West $45,000,000 344,216
(Texas)
-------------------------------------------------------------
5307 E. Mockingbird $ 4,500,000 118,945
(Texas)
-------------------------------------------------------------
Cottonwood Office $11,250,000 164,111
(Texas)
-------------------------------------------------------------
Plaza on Xxxxxxx $10,000,000 125,903
(Texas)
-------------------------------------------------------------
Xxxxxxxxx III $ 2,500,000 155,712
(Texas)
-------------------------------------------------------------
13425 Branchview $ 2,050,000 121,250
(Texas)
-------------------------------------------------------------
0000 Xxxxxx X $ 2,125,000 100,000
(Texas)
-------------------------------------------------------------
1025 Vantage $ 1,200,000 50,000
(Texas)
-------------------------------------------------------------
West Loop $ 3,250,000 75,231
(Texas)
-------------------------------------------------------------
0000 Xxxxxxxx Xxxx $ 8,000,000 145,257
(Virginia)
-------------------------------------------------------------
Cumberland Office Park $22,700,000 530,198
(Georgia)
-------------------------------------------------------------
1329 Western $ 5,750,000 185,600
(Maryland)
-------------------------------------------------------------
4611 Mercedes $ 5,429,000 128,133
(Maryland)
-------------------------------------------------------------
0000 Xxxxxxxxx $ 2,050,000 89,582
(Maryland)
-------------------------------------------------------------
Deep Run $ 5,400,000 169,112
(Maryland)
-------------------------------------------------------------
0000 Xxxxxxxxx $21,550,000 137,904
(Illinois)
-------------------------------------------------------------
X'Xxxx Plaza II $25,520,000 232,943
-------------------------------------------------------------
9080 Junction $ 4,500,000 108,350
-------------------------------------------------------------
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