GUARANTYGuaranty • November 5th, 2014 • SmartStop Self Storage, Inc. • Real estate investment trusts • New York
THIS GUARANTY (this “Guaranty”) dated as of October 31, 2014, 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 SSTI Preferred Investor, LLC, a Delaware limited liability company (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.
CREDIT AGREEMENT dated as of October 31, 2014 among SSTI PREFERRED INVESTOR, LLC, as Borrower and The Lenders Party Hereto and KEYBANK, NATIONAL ASSOCIATION, as Administrative Agent KEYBANC CAPITAL MARKETS, LLC, as Sole Book Runner and Sole Lead ArrangerCredit Agreement • November 5th, 2014 • SmartStop Self Storage, Inc. • Real estate investment trusts • New York
THIS CREDIT AGREEMENT (this “Agreement”) dated as of the 31st day of October, 2014 by and among Borrower (as defined herein), the Lenders (as defined herein) and KeyBank as Administrative Agent (as defined herein).
NOTELoan Agreement • November 5th, 2014 • SmartStop Self Storage, Inc. • Real estate investment trusts • Ohio
FOR VALUE RECEIVED, SSTI PREFERRED INVESTOR, LLC, a Delaware limited liability company (the “Maker”) jointly and severally promises to pay without offset or counterclaim to the order of FIFTH THIRD BANK, an Ohio banking corporation (“Payee”), the principal amount equal to the lesser of (x) TWENTY-FIVE MILLION AND 00/100 DOLLARS ($25,000,000.00) 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.
