LOAN AGREEMENT dated as of July 14, 2008 by and between AGREE LIMITED PARTNERSHIP, a Delaware limited partnership, as Borrower THE FINANCIAL INSTITUTIONS PARTY HERETO, as Co-Lenders and LASALLE BANK MIDWEST NATIONAL ASSOCIATION, a national banking...Loan Agreement • August 8th, 2008 • Agree Realty Corp • Real estate investment trusts • Michigan
This LOAN AGREEMENT dated as of July 14, 2008 (the “Agreement”), is executed by and among AGREE LIMITED PARTNERSHIP, a Delaware limited partnership (the “Borrower”), the financial institutions that are or may from time to time become parties hereto and are described on Schedule 3.1 hereto (together with LaSalle and their respective successors and assigns, the “Banks”) and LASALLE BANK MIDWEST NATIONAL ASSOCIATION, a national banking association (in its individual capacity, “LaSalle”), as agent for itself and the other Banks.
COMMERCIAL MORTGAGECommercial Mortgage • August 8th, 2008 • Agree Realty Corp • Real estate investment trusts • Michigan
This COMMERCIAL MORTGAGE dated as of July 14, 2008 (the “Mortgage”), is executed by AGREE LIMITED PARTNERSHIP, a Delaware limited partnership, whose address is 31850 Northwestern Highway,Farmington Hills, Michigan 48334 (the “Mortgagor”), to and for the benefit of LASALLE BANK MIDWEST NATIONAL ASSOCIATION, a national banking association, whose address is 2600 West Big Beaver Road, Troy, Michigan 48084 (in its individual capacity, “LaSalle”), as Agent for itself and the other Banks party to a Loan Agreement of even date herewith (in such capacity, “Agent”), among the Mortgagor, LaSalle, as Agent, and LaSalle and RAYMOND JAMES BANK, FSB, as Banks (as defined in the Loan Agreement) (the “Banks”), as amended, supplemented, restated or otherwise modified from time to time (the “Loan Agreement”).
CONTINUING UNCONDITIONAL GUARANTYContinuing Unconditional Guaranty • August 8th, 2008 • Agree Realty Corp • Real estate investment trusts • Michigan
This CONTINUING UNCONDITIONAL GUARANTY dated as of July 14, 2008 (the “Guaranty”), is executed by AGREE REALTY CORPORATION, a Maryland corporation, whose address is 31850 Northwestern Highway, Farmington Hills, Michigan 48334 (the “Guarantor”), to and for the benefit of LASALLE BANK MIDWEST NATIONAL ASSOCIATION, a national banking association, whose address is 2600 West Big Beaver Road, Troy, Michigan 48084 (in its individual capacity, “LaSalle”), as Agent for itself and the other Banks party to a Loan Agreement of even date herewith (in such capacity, “Agent”), among AGREE LIMITED PARTNERSHIP, a Delaware limited partnership (the “Borrower”), LaSalle, as Agent, and LaSalle and RAYMOND JAMES BANK, FSB, as Banks (as defined in the Loan Agreement) (the “Banks”), as amended, supplemented, restated or otherwise modified from time to time (the “Loan Agreement”).
