ADVISORY AGREEMENT dated as of November 1, 2023 between Net Lease Office Properties andAdvisory Agreement • November 2nd, 2023 • W. P. Carey Inc. • Real estate investment trusts • New York
THIS ADVISORY AGREEMENT (this “Agreement”) is made as of November 1, 2023 (the “Effective Date”) by and between Net Lease Office Properties, a Maryland real estate investment trust (the “Company”), and W. P. Carey Management LLC, a Delaware limited liability company (together with its permitted assignees, the “Advisor”).
TAX MATTERS AGREEMENT BY AND BETWEEN W. P. CAREY INC. AND NET LEASE OFFICE PROPERTIES DATED AS OF OCTOBER 31, 2023Tax Matters Agreement • November 2nd, 2023 • W. P. Carey Inc. • Real estate investment trusts • New York
This TAX MATTERS AGREEMENT (this “Agreement”), dated as of October 31, 2023, is by and between W. P. Carey Inc., a Maryland corporation (“WPC”), and Net Lease Office Properties (“NLOP”), a Maryland real estate investment trust and wholly-owned subsidiary of WPC. Each of WPC and NLOP (and, solely with respect to Section 2.1(a)(iv) and Sections 1(b) and 3 of Appendix B, NLO Mezzanine Borrower LLC (“Mezz Borrower”)) is sometimes referred to herein as a “Party” and collectively as the “Parties.” Capitalized terms used but not otherwise defined herein have the meanings ascribed to them in the Separation and Distribution Agreement dated as of October 31, 2023 by and among WPC and NLOP (the “Separation and Distribution Agreement”).
SEPARATION AND DISTRIBUTION AGREEMENT by and between W. P. Carey Inc. and NET LEASE OFFICE PROPERTIES dated as of October 31, 2023Separation and Distribution Agreement • November 2nd, 2023 • W. P. Carey Inc. • Real estate investment trusts • New York
This SEPARATION AND DISTRIBUTION AGREEMENT (this “Agreement”) is entered into as of October 31, 2023, by and between W. P. Carey Inc., a Maryland corporation (“WPC”), and Net Lease Office Properties, a Maryland real estate investment trust and wholly owned subsidiary of WPC (“NLOP”). WPC and NLOP are sometimes referred to herein individually as a “Party” and collectively as the “Parties.” Capitalized terms used but not otherwise defined herein shall have the respective meanings set forth in Section 1.1.
