UNCONDITIONAL GUARANTY OF PAYMENT AND PERFORMANCEGuaranty of Payment and Performance • December 19th, 2024 • Gladstone Commercial Corp • Lessors of real property, nec
FOR AND IN CONSIDERATION OF the sum of Ten and No/100 Dollars ($10.00) and other good and valuable consideration paid or delivered to the undersigned GLADSTONE COMMERCIAL CORPORATION, a Maryland corporation (the “Parent”), EACH OF THE ENTITIES IDENTIFIED AS “SUBSIDIARY GUARANTORS” ON THE SIGNATURE PAGES HEREOF (the “Initial Subsidiary Guarantors”), and EACH ADDITIONAL GUARANTOR (AS DEFINED IN THE NOTE PURCHASE AGREEMENT (AS HEREINAFTER DEFINED)) THAT MAY HEREAFTER BECOME A PARTY HERETO (the Initial Subsidiary Guarantors and such Additional Guarantors are sometimes hereinafter referred to individually as a “Subsidiary Guarantor” and collectively as the “Subsidiary Guarantors”; the Parent and the Subsidiary Guarantors are sometimes hereinafter referred to individually as a “Guarantor” and collectively as the “Guarantors”), the receipt and sufficiency whereof are hereby acknowledged by the Guarantors, and for the purpose of seeking to induce THE PURCHASERS LISTED ON THE PURCHASER SCHEDULE
GLADSTONE COMMERCIAL LIMITED PARTNERSHIP AND GLADSTONE COMMERCIAL CORPORATION 6.47% Senior Guaranteed Notes due December 18, 2029 NOTE PURCHASE AGREEMENT Dated December 18, 2024Note Purchase Agreement • December 19th, 2024 • Gladstone Commercial Corp • Lessors of real property, nec • New York
Gladstone Commercial Limited Partnership, a Delaware limited partnership (the “Company”) and Gladstone Commercial Corporation, a Maryland corporation (the “Parent Guarantor”), agree with each of the Purchasers as follows:
