GUARANTYGuaranty • July 8th, 2011 • Strategic Storage Trust, Inc. • Real estate investment trusts • New York
THIS GUARANTY dated as of July 1, 2011, executed and delivered by each of the undersigned, whether one or more, (“Guarantor”), in favor of (a) KEYBANK, NATIONAL ASSOCIATION, in its capacity as Administrative Agent (the “Agent”) for the Lenders under that certain Credit Agreement dated as of even date herewith, by and among STRATEGIC STORAGE OPERATING PARTNERSHIP, L.P. and its Subsidiaries party to the Credit Agreement (collectively, the “Borrower”), the financial institutions party thereto and their assignees in accordance therewith (the “Lenders”), and the Agent (as the same may be amended, restated, supplemented or otherwise modified from time to time in accordance with its terms, the “Credit Agreement”) and (b) the Lenders.
PLEDGE AND SECURITY AGREEMENT (Equity Issuance Proceeds)Pledge and Security Agreement • July 8th, 2011 • Strategic Storage Trust, Inc. • Real estate investment trusts • New York
THIS PLEDGE AND SECURITY AGREEMENT (this “Agreement”) is dated as of July 1, 2011 and is made by STRATEGIC STORAGE TRUST INC., a Maryland corporation having an address at 111 Corporate Drive, Suite 120, Ladera Ranch, CA 92694, (“Pledgor”) and KEYBANK NATIONAL ASSOCIATION, a national banking association having a principal place of business at 225 Franklin Street, 18th Floor, Boston, Massachusetts 02110, as agent (in such capacity, “Agent”) for itself and any other lenders who become Lenders under the Credit Agreement (as hereinafter defined) (collectively referred to as “Lenders” and each individually referred to as a “Lender”).
CREDIT AGREEMENT dated as of July 1, 2011 among STRATEGIC STORAGE OPERATING PARTNERSHIP, L.P. AND CERTAIN AFFILIATED ENTITIES, collectively as Borrower and The Lenders Party Hereto and KEYBANK, NATIONAL ASSOCIATION, as Administrative AgentCredit Agreement • July 8th, 2011 • Strategic Storage Trust, Inc. • Real estate investment trusts • New York
COLLATERAL ASSIGNMENT AND SECURITY AGREEMENT IN RESPECT OF CONTRACTS, LICENSES AND PERMITSCollateral Assignment and Security Agreement • July 8th, 2011 • Strategic Storage Trust, Inc. • Real estate investment trusts • New York
NOTENote • July 8th, 2011 • Strategic Storage Trust, Inc. • Real estate investment trusts
FOR VALUE RECEIVED, STRATEGIC STORAGE OPERATING PARTNERSHIP, L.P., SSTI 12714 LA CIENEGA BLVD, LLC, SSTI 3155 W ANN RD, LLC AND SSTI 2025 N RANCHO DR, LLC (collectively, the “Maker”) jointly and severally promise to pay without offset or counterclaim to the order of KEYBANK, NATIONAL ASSOCIATION, (“Payee”), the principal amount equal to the lesser of (x) TWENTY-TWO MILLION AND 00/100 DOLLARS ($22,000,000.00) or (y) the outstanding amount advanced by Payee as a Loan (or Loans) under the Credit Agreement (as hereinafter defined), payable in accordance with the terms of the Credit Agreement.
COLLATERAL ASSIGNMENT OF MANAGEMENT CONTRACTCollateral Assignment of Management Contract • July 8th, 2011 • Strategic Storage Trust, Inc. • Real estate investment trusts
WHEREAS, SSTI 12714 S LA CIENEGA BLVD, LLC, a Delaware limited liability company having an address at c/o Strategic Storage Holdings, LLC, 111 Corporate Drive, Suite 120, Ladera Ranch, CA 92694 (the “Assignor”), has entered into a certain Credit Agreement of even date herewith (hereinafter, the “Credit Agreement”) with KEYBANK, NATIONAL ASSOCIATION, having an office at 225 Franklin Street, Boston, Massachusetts 02110, as agent (in its capacity as agent, hereinafter, the “Agent,” which term shall include, whenever the context permits, its successors and assigns as the holder of this ASSIGNMENT and the Notes and other Obligations secured hereby), and the other lending institutions which now are or hereafter become parties to the Credit Agreement (Keybank, National Association and such other lending institutions are collectively referred to as the “Lenders” and individually as the “Lender”), pursuant to which the Lenders have agreed to lend to the Borrower, subject to the terms and condit
