CREDIT AGREEMENT Dated as of October 2, 2012 by and among BROADSTONE NET LEASE, LLC, as Borrower, BROADSTONE NET LEASE, INC. as Parent, THE FINANCIAL INSTITUTIONS PARTY HERETO AND THEIR ASSIGNEES UNDER SECTION 13.6., as Lenders, REGIONS BANK, as...Credit Agreement • April 24th, 2017 • Broadstone Net Lease Inc • New York
THIS CREDIT AGREEMENT (this “Agreement”) dated as of October 2, 2012 by and among BROADSTONE NET LEASE, LLC, a limited liability company formed under the laws of the State of New York (the “Borrower”), BROADSTONE NET LEASE, 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 13.6. (the “Lenders”), MANUFACTURERS AND TRADERS TRUST COMPANY, as Administrative Agent (together with its successors and assigns, the “Administrative Agent”), REGIONS BANK, as Syndication Agent (the “Syndication Agent”), and BANK OF AMERICA, N.A. and BMO CAPITAL MARKETS, as co-Documentation Agents (the “Documentation Agents”) with MANUFACTURERS AND TRADERS TRUST COMPANY and REGIONS CAPITAL MARKETS, as Joint Lead Arrangers (in such capacities, the “Joint Lead Arrangers”) and MANUFACTURERS AND TRADERS TRUST COMPANY, as sole Bookrunner (in such capacity, the “Bookru
TERM LOAN AGREEMENT Dated as of May 24, 2013 by and among BROADSTONE NET LEASE, LLC, as Borrower, BROADSTONE NET LEASE, INC. as Parent, THE FINANCIAL INSTITUTIONS PARTY HERETO AND THEIR ASSIGNEES UNDER SECTION 13.6., as Lenders, and REGIONS BANK, as...Term Loan Agreement • April 24th, 2017 • Broadstone Net Lease Inc • New York
THIS TERM LOAN AGREEMENT (this “Agreement”) dated as of May 24, 2013 by and among BROADSTONE NET LEASE, LLC, a limited liability company formed under the laws of the State of New York (the “Borrower”), BROADSTONE NET LEASE, 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 13.6. (the “Lenders”) and REGIONS BANK, as Administrative Agent (together with its successors and assigns, the “Administrative Agent”) with REGIONS CAPITAL MARKETS, as sole Lead Arranger and as sole Bookrunner.
GUARANTYGuaranty • April 24th, 2017 • Broadstone Net Lease Inc • New York
THIS GUARANTY dated as of May 24, 2013 (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 REGIONS BANK, in its capacity as Administrative Agent (together with its successors and assigns, the “Administrative Agent”) for the Lenders under that certain Term Loan Agreement dated as of May 24, 2013 (as amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), by and among Broadstone Net Lease, LLC, a New York limited liability company (the “Borrower”), Broadstone Net Lease, Inc., a Maryland corporation, the financial institutions party thereto and their assignees under Section 13.6. thereof (the “Lenders”), and the Administrative Agent, for its benefit and the benef
FIRST AMENDMENT TO TERM LOAN AGREEMENTTerm Loan Agreement • April 24th, 2017 • Broadstone Net Lease Inc • New York
THIS FIRST AMENDMENT TO TERM LOAN AGREEMENT (this “Amendment”) dated as of June 30, 2016, by and among BROADSTONE NET LEASE, LLC, a limited liability company organized under the laws of the State of New York (the “Borrower”), BROADSTONE NET LEASE, INC., a corporation organized under the laws of the State of Maryland (the “Parent”), each of the Lenders party hereto (the “Lenders”) and SUNTRUST BANK, as Administrative Agent (together with its successors and assigns, the “Administrative Agent”).
AMENDMENT #1 TO THE AMENDED AND RESTATED ASSET MANAGEMENT AGREEMENTAsset Management Agreement • April 24th, 2017 • Broadstone Net Lease Inc
This Amendment (this “Amendment”) is made and effective as of June 30, 2015, and is between BROADSTONE NET LEASE, INC. (the “Corporation”), a Maryland corporation, BROADSTONE NET LEASE, LLC (the “Operating Company”), a New York limited liability company, and BROADSTONE ASSET MANAGEMENT, LLC (the “Asset Manager”), a New York limited liability company. This Amendment amends the Amended and Restated Asset Management Agreement (the “Agreement”), dated February 8, 2013, between the Corporation, the Operating Company and the Asset Manager.
FOURTH AMENDMENT TO TERM LOAN AGREEMENTTerm Loan Agreement • April 24th, 2017 • Broadstone Net Lease Inc • New York
THIS FOURTH AMENDMENT TO TERM LOAN AGREEMENT (this “Amendment”) dated as of December 23, 2016, by and among BROADSTONE NET LEASE, LLC (the “Borrower”), BROADSTONE NET LEASE, INC. (the “Parent”), each of the Lenders party hereto and REGIONS BANK, an Alabama state banking corporation, as Administrative Agent (the “Administrative Agent”).
SECOND AMENDMENT TO CREDIT AGREEMENT AND AGREEMENT REGARDING COMMITMENT INCREASES AND ADDITIONAL TERM LOANSCredit Agreement • April 24th, 2017 • Broadstone Net Lease Inc • New York
THIS SECOND AMENDMENT TO CREDIT AGREEMENT AND AGREEMENT REGARDING COMMITMENT INCREASES AND ADDITIONAL TERM LOANS (this “Agreement”) dated as of December 22, 2014 (the “Agreement”), is executed by each of the Lenders a signatory hereto including those Lenders (the “Increasing Lenders”) increasing their Revolving Commitment and/or making Additional Term Loans (as each such term is defined below), MANUFACTURERS AND TRADERS TRUST COMPANY, as Administrative Agent (the “Administrative Agent”), BROADSTONE NET LEASE, LLC (the “Borrower”) and BROADSTONE NET LEASE, INC. (the “Parent”).
FIFTH AMENDMENT TO CREDIT AGREEMENTCredit Agreement • April 24th, 2017 • Broadstone Net Lease Inc • New York
THIS FIFTH AMENDMENT TO CREDIT AGREEMENT (this “Amendment”) dated as of December 23, 2016, by and among BROADSTONE NET LEASE, LLC (the “Borrower”), BROADSTONE NET LEASE, INC. (the “Parent”), each of the Lenders party hereto and MANUFACTURERS AND TRADERS TRUST COMPANY, as Administrative Agent (the “Administrative Agent”).
GUARANTYGuaranty • April 24th, 2017 • Broadstone Net Lease Inc • New York
THIS GUARANTY dated as of November 6, 2015 (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 SUNTRUST BANK, in its capacity as Administrative Agent (together with its successors and assigns, the “Administrative Agent”) for the Lenders under that certain Term Loan Agreement dated as of November 6, 2015 (as amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), by and among Broadstone Net Lease, LLC, a New York limited liability company (the “Borrower”), Broadstone Net Lease, Inc., a Maryland corporation, the financial institutions party thereto and their assignees under Section 13.6. thereof (the “Lenders”), and the Administrative Agent, for its benefit and
AMENDMENT #1 TO THE SECOND AMENDED AND RESTATED PROPERTY MANAGEMENT AGREEMENTProperty Management Agreement • April 24th, 2017 • Broadstone Net Lease Inc
This Amendment (this “Amendment”) is made and effective as of June 30, 2015, and is between BROADSTONE NET LEASE, INC. (the “Corporation”), a Maryland corporation, BROADSTONE NET LEASE, LLC (the “Operating Company”), a New York limited liability company, and BROADSTONE REAL ESTATE, LLC (the “Property Manager”), a New York limited liability company. This Amendment amends the Second Amended and Restated Property Management Agreement (the “Agreement”), dated as of December 31, 2007, between the Corporation and the Operating Company, and the Property Manager.
AMENDED AND RESTATED ASSET MANAGEMENT AGREEMENTAsset Management Agreement • April 24th, 2017 • Broadstone Net Lease Inc • New York
This Amended and Restated Asset Management Agreement (this “Agreement”) is effective as of the 8th day of February, 2013, by and among BROADSTONE NET LEASE, INC. (the “Corporation”), a Maryland corporation, BROADSTONE NET LEASE, LLC, a New York limited liability company (the “Operating Company”), and BROADSTONE ASSET MANAGEMENT, LLC, a New York limited liability company (the “Asset Manager”). The Corporation and the Operating Company are sometimes referred to herein collectively as the “Fund.” Capitalized terms are used with the meaning as set forth in Section 1.
FIRST AMENDMENT TO CREDIT AGREEMENTCredit Agreement • April 24th, 2017 • Broadstone Net Lease Inc • New York
THIS FIRST AMENDMENT TO CREDIT AGREEMENT (this “Amendment”) dated as of June 27, 2014, by and among BROADSTONE NET LEASE, LLC (the “Borrower”), BROADSTONE NET LEASE, INC. (the “Parent”), each of the Lenders party hereto and MANUFACTURERS AND TRADERS TRUST COMPANY, as Administrative Agent (the “Administrative Agent”).
THIRD AMENDMENT TO CREDIT AGREEMENTCredit Agreement • April 24th, 2017 • Broadstone Net Lease Inc • New York
THIS THIRD AMENDMENT TO CREDIT AGREEMENT (this “Amendment”) dated as of November 6, 2015, by and among BROADSTONE NET LEASE, LLC (the “Borrower”), BROADSTONE NET LEASE, INC. (the “Parent”), each of the Lenders party hereto and MANUFACTURERS AND TRADERS TRUST COMPANY, as Administrative Agent (the “Administrative Agent”).
INDEMNIFICATION AGREEMENTIndemnification Agreement • April 24th, 2017 • Broadstone Net Lease Inc • Maryland
THIS INDEMNIFICATION AGREEMENT (this “Agreement”) is entered into on the date set forth below to be effective as of the day of , between Broadstone Net Lease, Inc. (the “Company”), a Maryland corporation and (“Indemnitee”).
SECOND AMENDMENT TO TERM LOAN AGREEMENTTerm Loan Agreement • April 24th, 2017 • Broadstone Net Lease Inc • New York
THIS SECOND AMENDMENT TO TERM LOAN AGREEMENT (this “Amendment”) dated as of December 23, 2016, by and among BROADSTONE NET LEASE, LLC (the “Borrower”), BROADSTONE NET LEASE, INC. (the “Parent”), each of the Lenders party hereto and SUNTRUST BANK, as Administrative Agent (the “Administrative Agent”).
SECOND AMENDED AND RESTATED PROPERTY MANAGEMENT AGREEMENTProperty Management Agreement • April 24th, 2017 • Broadstone Net Lease Inc • New York
This Second Amended and Restated Property Management Agreement (this “Agreement”) is effective as of the 31st day of December, 2007, by and among BROADSTONE NET LEASE, INC., a Maryland corporation (the “Corporation”), BROADSTONE NET LEASE, LLC, a New York limited liability company (the “Operating Company”) and BROADSTONE REAL ESTATE, LLC, a New York limited liability company (the “Property Manager”). Capitalized terms are used with the meaning set forth in Article I.
SECOND AMENDMENT TO TERM LOAN AGREEMENTTerm Loan Agreement • April 24th, 2017 • Broadstone Net Lease Inc • New York
THIS SECOND AMENDMENT TO TERM LOAN AGREEMENT (this “Amendment”) dated as of November 6, 2015, by and among BROADSTONE NET LEASE, LLC, a limited liability company organized under the laws of the State of New York (the “Borrower”), BROADSTONE NET LEASE, INC., a corporation organized under the laws of the State of Maryland (the “Parent”), each of the Lenders party hereto (the “Lenders”) and REGIONS BANK, an Alabama state banking corporation, as Administrative Agent (together with its successors and assigns, the “Administrative Agent”).
SIXTH AMENDMENT TO CREDIT AGREEMENTCredit Agreement • April 24th, 2017 • Broadstone Net Lease Inc • New York
THIS SIXTH AMENDMENT TO CREDIT AGREEMENT (this “Amendment”) dated as of March 23, 2017, by and among BROADSTONE NET LEASE, LLC (the “Borrower”), BROADSTONE NET LEASE, INC. (the “Parent”), each of the Lenders party hereto and MANUFACTURERS AND TRADERS TRUST COMPANY, as Administrative Agent (the “Administrative Agent”).
GUARANTYGuaranty • April 24th, 2017 • Broadstone Net Lease Inc • New York
THIS GUARANTY dated as of October 2, 2012 (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 MANUFACTURERS AND TRADERS TRUST COMPANY, in its capacity as Administrative Agent (together with its successors and assigns, the “Administrative Agent”) for the Lenders under that certain Credit Agreement dated as of October 2, 2012 (as amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), by and among Broadstone Net Lease, LLC, a New York limited liability company (the “Borrower”), Broadstone Net Lease, Inc., a Maryland corporation, the financial institutions party thereto and their assignees under Section 13.6. thereof (the “Lenders”), and the Administrative Agent,
FOURTH AMENDMENT TO CREDIT AGREEMENTCredit Agreement • April 24th, 2017 • Broadstone Net Lease Inc • New York
THIS FOURTH AMENDMENT TO CREDIT AGREEMENT (this “Amendment”) dated as of June 30, 2016, by and among BROADSTONE NET LEASE, LLC (the “Borrower”), BROADSTONE NET LEASE, INC. (the “Parent”), each of the Lenders party hereto and MANUFACTURERS AND TRADERS TRUST COMPANY, as Administrative Agent (the “Administrative Agent”).
FIRST AMENDMENT TO TERM LOAN AGREEMENTTerm Loan Agreement • April 24th, 2017 • Broadstone Net Lease Inc • New York
THIS FIRST AMENDMENT TO TERM LOAN AGREEMENT (this “Amendment”) dated as of October 11, 2013, by and among BROADSTONE NET LEASE, LLC, a limited liability company organized under the laws of the State of New York (the “Borrower”), BROADSTONE NET LEASE, INC., a corporation organized under the laws of the State of Maryland (the “Parent”), each of the existing Lenders party hereto (the “Lenders”), WELLS FARGO BANK, NATIONAL ASSOCIATION (“Wells Fargo”), RBS CITIZENS, N.A. (“RBS”), BANK OF MONTREAL (“BMO”; together with Wells Fargo and RBS, the “New Lenders”), and REGIONS BANK, an Alabama state banking corporation, as Administrative Agent (together with its successors and assigns, the “Administrative Agent”).
