CREDIT AGREEMENT Dated as of December 18, 2014 by and among TIER OPERATING PARTNERSHIP LP,Credit Agreement • March 11th, 2015 • Tier Reit Inc • Real estate investment trusts • New York
THIS CREDIT AGREEMENT (this “Agreement”) dated as of December 18, 2014 by and among TIER OPERATING PARTNERSHIP LP, a limited partnership formed under the laws of the State of Texas (the “Borrower”), TIER REIT, Inc., a corporation formed under the laws of the State of Maryland (the “Parent”), each of the financial institutions initially a signatory hereto together with their successors and assignees under Section 13.5 (the “Lenders”), and WELLS FARGO BANK, NATIONAL ASSOCIATION, as Administrative Agent (the “Administrative Agent”), with WELLS FARGO SECURITIES, LLC and J.P. MORGAN SECURITIES LLC, as Joint Lead Arrangers and Joint Bookrunners (in such capacities, the “Arrangers”), JPMORGAN CHASE BANK, N.A., as Syndication Agent (the “Syndication Agent”) and U.S. BANK NATIONAL ASSOCIATION, as Documentation Agent (the “Documentation Agent”).
December 17, 2014Letter Agreement • March 11th, 2015 • Tier Reit Inc • Real estate investment trusts • Ohio
Reference is hereby made to that certain Amended and Restated Credit Agreement, dated as of December 20, 2013 (as amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), among TIER Operating Partnership LP (“Borrower”), the lenders from time party thereto (the “Lenders”), and KeyBank National Association, as agent for the Lenders (“Agent”); capitalized terms used herein but not otherwise defined shall have the meaning ascribed to such terms in the Credit Agreement). We understand that Borrower expects to repay in full its obligations to Agent and the Lenders evidenced by the Credit Agreement and the other Loan Documents (the “Obligations”).
GUARANTYGuaranty • March 11th, 2015 • Tier Reit Inc • Real estate investment trusts • New York
THIS GUARANTY dated as of December 18, 2014 (this “Guaranty”) executed and delivered by each of the undersigned and the other Persons from time to time party hereto pursuant to the execution and delivery of an Accession Agreement in the form of Annex I hereto (all of the undersigned, together with such other Persons each a “Guarantor” and collectively, the “Guarantors”) in favor of WELLS FARGO BANK, NATIONAL ASSOCIATION, in its capacity as Administrative Agent (the “Administrative Agent”) for the Lenders under that certain Credit Agreement dated as of the date hereof (as amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), by and among Tier Operating Partnership LP, a Texas limited partnership (the “Borrower”), TIER REIT, Inc., a Maryland corporation (the “Parent”), the financial institutions party thereto and their assignees under Section 13.5 thereof (the “Lenders”), the Administrative Agent, for its benefit and the benefit of the Lenders,
FIRST AMENDMENT TO CREDIT AGREEMENTCredit Agreement • March 11th, 2015 • Tier Reit Inc • Real estate investment trusts • New York
This FIRST AMENDMENT TO CREDIT AGREEMENT (this “First Amendment”) is made and entered into as of January 23, 2015 by and among TIER OPERATING PARTNERSHIP LP, a limited partnership formed under the laws of the State of Texas (together with its successors and assigns, the “Borrower”), TIER REIT, Inc., a corporation formed under the laws of the State of Maryland (the “Parent”), each of the financial institutions initially a signatory to the Credit Agreement (as defined below) together with their successors and assigns under Section 13.5 of the Credit Agreement (the “Lenders”) and WELLS FARGO BANK, NATIONAL ASSOCIATION, as Administrative Agent (the “Administrative Agent”).
