Form of Series 2018-A Note] Agree Limited Partnership 4.32% Senior Guaranteed Note, Series 2018-A, due September 26, 2030Senior Guaranteed Note • October 22nd, 2018 • Agree Realty Corp • Real estate investment trusts
Contract Type FiledOctober 22nd, 2018 Company IndustryThis Note is one of the Senior Guaranteed Notes, Series 2018-A (herein called the “Notes”) issued pursuant to the First Supplement dated as of September 26, 2018 to the Uncommitted Master Note Facility dated as of August 3, 2017 (as from time to time amended, the “Master Note Facility”), between Agree Realty Corporation (the “Parent Guarantor”), the Company, AIG Asset Management (U.S.), LLC and the Purchasers from time to time referred to therein and is entitled to the benefits thereof. Each holder of this Note will be deemed, by its acceptance hereof, to have (i) agreed to the confidentiality provisions set forth in Section 20 of the Master Note Facility and (ii) made the representations set forth in Section 6.2 of the Master Note Facility. Unless otherwise indicated, capitalized terms used in this Note shall have the respective meanings ascribed to such terms in the Master Note Facility.
Form of Series 2018-B Note] Agree Limited Partnership 4.32% Senior Guaranteed Note, Series 2018-B, due September 26, 2030Senior Guaranteed Note • October 22nd, 2018 • Agree Realty Corp • Real estate investment trusts
Contract Type FiledOctober 22nd, 2018 Company IndustryThis Note is one of the Senior Guaranteed Notes, Series 2018-B (herein called the “Notes”) issued pursuant to the First Supplement dated as of September 26, 2018 to the Uncommitted Master Note Facility dated as of August 3, 2017 (as from time to time amended, the “Master Note Facility”), between Agree Realty Corporation (the “Parent Guarantor”), the Company, Teachers Insurance and Annuity Association of America and the Purchasers from time to time referred to therein and is entitled to the benefits thereof. Each holder of this Note will be deemed, by its acceptance hereof, to have (i) agreed to the confidentiality provisions set forth in Section 20 of the Master Note Facility and (ii) made the representations set forth in Section 6.2 of the Master Note Facility. Unless otherwise indicated, capitalized terms used in this Note shall have the respective meanings ascribed to such terms in the Master Note Facility.