FIRST AMENDMENT AND INCREMENTAL TERM LOAN AGREEMENTIncremental Term Loan Agreement • May 2nd, 2016 • Rayonier Inc • Real estate investment trusts • New York
This FIRST AMENDMENT AND INCREMENTAL TERM LOAN AGREEMENT, dated as of April 28, 2016 (this “Agreement”), is entered into by and among RAYONIER INC., a North Carolina corporation (“Rayonier”), RAYONIER TRS HOLDINGS INC., a Delaware corporation (“TRS”) and RAYONIER OPERATING COMPANY LLC, a Delaware limited liability company (“ROC”; each of Rayonier, TRS and ROC being referred to herein individually as a “Borrower”, and collectively as the “Borrowers”), the several banks, financial institutions and other institutional lenders party hereto and COBANK, ACB (“CoBank”), as administrative agent (in such capacity, the “Administrative Agent”).
ContractGuarantee Agreement • May 2nd, 2016 • Rayonier Inc • Real estate investment trusts • New York
Reference is made to (a) the Credit Agreement dated as of August 5, 2015 (as amended, supplemented or otherwise modified, the “Credit Agreement”), among Rayonier, TRS and RAYONIER OPERATING COMPANY LLC, a Delaware limited liability company (“ROC”), as borrowers, the lenders from time to time party thereto (the “Lenders”) and CoBank, ACB, as Issuing Bank (the “Issuing Bank”), as Swing Line Lender (the “Swing Line Lender”) and as Administrative Agent and (b) the First Amendment and Incremental Term Loan Agreement dated as of April 28, 2016 (the “Incremental Term Loan Agreement”), among Rayonier, TRS and ROC, as borrowers, the Lenders party thereto, the 2016 Incremental Term Loan Lenders from time to time party thereto (as defined in the Incremental Term Loan Agreement) and CoBank, ACB as Administrative Agent.
