TERM LOAN AGREEMENT Dated as of April 26, 2019 between ARC NYC570SEVENTH, LLC, as Borrower, CAPITAL ONE, NATIONAL ASSOCIATION as Administrative Agent, Sole Lead Arranger and Sole Bookrunner and the LENDERS party heretoTerm Loan Agreement • May 2nd, 2019 • New York City REIT, Inc. • Real estate investment trusts • New York
This TERM LOAN AGREEMENT is dated as of the Effective Date (as hereinafter defined) (as the same may be modified, supplemented, amended or otherwise changed, this “Agreement”) and is made by and between ARC NYC570SEVENTH, LLC, a Delaware limited liability company (together with its permitted successors and assigns, “Borrower”), CAPITAL ONE, NATIONAL ASSOCIATION, as administrative agent (together with its successors and assigns in such capacity and any replacement administrative agent appointed pursuant hereto, “Administrative Agent”) and in its capacity as the sole lead arranger and sole bookrunner (in such capacities, “Sole Lead Arranger” and “Sole Bookrunner,” respectively), and the lenders party hereto (each, a “Lender”, collectively, the “Lenders”).
ENVIRONMENTAL INDEMNITYEnvironmental Indemnity • May 2nd, 2019 • New York City REIT, Inc. • Real estate investment trusts • New York
This ENVIRONMENTAL INDEMNITY (“Indemnity”), dated as of April 26, 2019, is made jointly and severally by ARC NYC570SEVENTH, LLC, a Delaware limited liability company, having an address at c/o AR Global, 405 Park Avenue, 14th Floor New York, NY 10022, Attention: General Counsel (“Borrower”), and NEW YORK CITY REIT, INC., a Maryland corporation, having an address at c/o AR Global, 405 Park Avenue, New York, NY 10022, Attention: Michael Anderson, Esq. (“Guarantor”; together with Borrower, individually and collectively, “Indemnitor”), in favor of CAPITAL ONE, NATIONAL ASSOCIATION, as administrative agent on behalf of the Lenders (as defined below) (together with its successors and assigns, hereinafter referred to as “Administrative Agent”).
