0001104659-06-053094 Sample Contracts

SECOND AMENDMENT TO SECOND AMENDED AND RESTATED MASTER REPURCHASE AGREEMENT
Master Repurchase Agreement • August 9th, 2006 • Gramercy Capital Corp • Real estate investment trusts • New York

SECOND AMENDMENT TO SECOND AMENDED AND RESTATED MASTER REPURCHASE AGREEMENT, dated as of July 13, 2006 (this “Amendment”), by and among by and among WACHOVIA BANK, NATIONAL ASSOCIATION, in its capacities as Buyer, Agent (on behalf of Buyer and any subsequent buyers added from time to time) and Sole Lead Arranger (“Wachovia”), Gramercy Warehouse Funding I LLC, as a seller (“Gramercy”), and GKK Trading Warehouse I LLC, as a seller (“GKK” and with Gramercy, collectively, “Seller”), amends that certain Second Amended and Restated Master Repurchase Agreement, dated as of April 21, 2005 (as amended, restated, supplemented or otherwise modified and in effect from time to time, the “Repurchase Agreement”), by and between Wachovia and Gramercy and other parties named therein or referred to thereby. Capitalized terms used but not otherwise defined herein shall have the meanings given to them in the Repurchase Agreement (as defined below).

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