TERM LOAN AGREEMENT Dated as of January 4, 2006 among PROLOGIS and CERTAIN AFFILIATE BORROWERS, as Borrowers, BANK OF AMERICA, N.A., as Administrative Agent, and The Lenders Party HeretoTerm Loan Agreement • January 10th, 2006 • Prologis • Real estate investment trusts • New York
This TERM LOAN AGREEMENT is entered into as of January 4, 2006, among PROLOGIS, a Maryland real estate investment trust (“ProLogis”), PROLOGIS NORTH AMERICAN INDUSTRIAL FUND III, LP, a Delaware limited partnership, PROLOGIS NORTH AMERICAN INDUSTRIAL FUND IV, LP, a Delaware limited partnership, PROLOGIS THIRD U.S. PROPERTIES LP, a Delaware limited partnership, and each Consolidated Affiliate or Unconsolidated Affiliate of ProLogis that assumes a Borrower’s obligations under this Agreement pursuant to Section 10.6.1 (each, an “Affiliate Borrower,” and collectively, “Affiliate Borrowers;” ProLogis and Affiliate Borrowers are each a “Borrower,” and collectively, “Borrowers”), each lender from time to time party hereto (collectively, the “Lenders,” and each individually, a “Lender”), and BANK OF AMERICA, N.A., as Administrative Agent and a Lender.
