Forward ConfirmationW. P. Carey Inc. • June 22nd, 2020 • Real estate investment trusts • New York
The purpose of this letter agreement is to confirm the terms and conditions of the Transaction entered into between Bank of America, N.A. (“Dealer”) and W. P. Carey Inc. (the “Counterparty”) on the Trade Date specified below (the “Transaction”) in connection with the Underwriting Agreement dated June 17, 2020 between Counterparty, Dealer and the other parties thereto (the “Underwriting Agreement”). This letter agreement constitutes a “Confirmation” as referred to in the ISDA 2002 Master Agreement (as defined below).
ContractUnderwriting Agreement • June 22nd, 2020 • W. P. Carey Inc. • Real estate investment trusts • New York
Each of W. P. Carey Inc., a Maryland corporation (the “Company”), J.P. Morgan Securities LLC and BofA Securities, Inc. (in their capacities as sellers of Borrowed Shares (as defined herein), the “Forward Sellers”), in connection with (i) the letter agreement dated the date hereof between the Company and JPMorgan Chase Bank, National Association and (ii) the letter agreement dated the date hereof between the Company and Bank of America, N.A. (each such letter agreement, a “Forward Sale Agreement,” and together, the “Forward Sale Agreements,” and JPMorgan Chase Bank, National Association and Bank of America, N.A., in their capacities as counterparties to the respective Forward Sale Agreements, the “Forward Purchasers”) relating to the forward sale by the Company, subject to the Company’s right to elect Cash Settlement or Net Share Settlement (as such terms are defined in the Forward Sale Agreements) of a number of shares of its common stock, $0.001 par value per share (the “Shares”), ini
Forward ConfirmationForward Confirmation • June 22nd, 2020 • W. P. Carey Inc. • Real estate investment trusts • New York
The purpose of this letter agreement is to confirm the terms and conditions of the Transaction entered into between JPMorgan Chase Bank, National Association (“Dealer”) and W. P. Carey Inc. (the “Counterparty”) on the Trade Date specified below (the “Transaction”) in connection with the Underwriting Agreement dated June 17, 2020 between Counterparty, Dealer and the other parties thereto (the “Underwriting Agreement”). This letter agreement constitutes a “Confirmation” as referred to in the ISDA 2002 Master Agreement (as defined below).
