Common Contracts
2 similar Credit Agreement contracts by Lepercq Corporate Income Fund L P, LXP Industrial Trust
SECOND AMENDED AND RESTATED CREDIT AGREEMENT Dated as of July 5, 2022 by and among LXP INDUSTRIAL TRUST, as Borrower, THE FINANCIAL INSTITUTIONS INITIALLY SIGNATORY HERETO AND THEIR ASSIGNEES PURSUANT TO SECTION 12.5, as Lenders, and KEYBANK NATIONAL...Credit Agreement • July 11th, 2022 • LXP Industrial Trust • Real estate investment trusts • New York
Notwithstanding the Debt Ratings set forth in foregoing table, if: (i)(x) the Leverage Ratio as of the last day of the most recently ending fiscal quarter of the Borrower is less than 32.5% and (y) the Fixed Charge Coverage Ratio as of the last day of the most recently ending fiscal quarter of the Borrower is greater than 4.00 to 1.00, and (ii) (x) the Borrower shall have a Debt Rating from at least two of S&P, Moody’s and Fitch, (y) one or more of such Debt Ratings shall correspond to Pricing Level 3 (e.g., BBB or Baa2), and (z) none of such Debt Ratings shall be below Pricing Level 4 (i.e. below BBB- or Baa3), the Applicable Margin shall be determined in accordance with Pricing Level 2. For the avoidance of doubt, the Borrower may qualify for pricing at Pricing Level 1 or 2 based solely upon its Debt Rating even if it does not meet the conditions described in clause (i) of the first sentence of this paragraph. Any increase or decrease in the Applicable Margin set forth in the foregoi
CREDIT AGREEMENT Dated as of September 1, 2015 by and among Lexington REALTY Trust, and Lepercq Corporate Income Fund L.P., as Borrowers, The financial institutions INITIALLY SIGNATORY hereto and their assignees pursuant to Section 12.5, as Lenders,...Credit Agreement • September 1st, 2015 • Lepercq Corporate Income Fund L P • Real estate investment trusts • New York
THIS CREDIT AGREEMENT (this “Agreement”) dated as of September 1, 2015 by and among LEXINGTON REALTY TRUST, a real estate investment trust formed under the laws of the State of Maryland (the “Trust”) and LEPERCQ CORPORATE INCOME FUND L.P., a limited partnership formed under the laws of the State of Delaware (“LCIF”; collectively with the Trust, the “Borrowers” and each individually a “Borrower”), each of the financial institutions initially a signatory hereto together with their assignees pursuant to Section 12.5. (the “Lenders”), and KEYBANK NATIONAL ASSOCIATION, as Agent (the “Agent”), with KEYBANC CAPITAL MARKETS, INC. and WELLS FARGO SECURITIES, LLC, as Joint Lead Arrangers and Joint Bookrunners (collectively, the “Arrangers”), WELLS FARGO BANK, NATIONAL ASSOCIATION, as Syndication Agent, and REGIONS BANK, as Documentation Agent (the “Documentation Agent”).
