Revolving NoteRevolving Note • October 12th, 2011 • Grubb & Ellis Healthcare REIT II, Inc. • Real estate investment trusts
For Value Received, the undersigned (the “Borrower”), hereby promises to pay to the order of KeyBank National Association (the “Lender”), on the Maturity Date (as defined in the Credit Agreement referred to below) the principal amount of Thirty-Five Million Seven Hundred Fifty Thousand Dollars ($35,750,000), or such lesser principal amount of Loans (as defined in the Credit Agreement referred to below) payable by Borrower to Lender on such Revolving Credit Termination Date under that certain Credit Agreement, dated as of June 30, 2011, among Borrower, Lenders from time to time party thereto, KeyBank National Association, as Agent and a Lender (as amended, restated, extended, supplemented or otherwise modified in writing from time to time, the “Agreement;” the terms defined therein being used herein as therein defined).
October 6, 2011Credit Agreement • October 12th, 2011 • Grubb & Ellis Healthcare REIT II, Inc. • Real estate investment trusts
Re: Credit Agreement dated as of June 30, 2011 (the “Loan Agreement”) among Grubb & Ellis Healthcare REIT II Holdings, LP, a Delaware limited partnership (“Borrower”); (b) the several financial institutions from time to time party thereto, as Lenders (the “Lenders”); and (c) KeyBank National Association (“Key”), as a Lender and as Agent (the “Agent”) as provided therein.
Assignment and AssumptionAssignment and Assumption • October 12th, 2011 • Grubb & Ellis Healthcare REIT II, Inc. • Real estate investment trusts
This Assignment and Assumption (the “Assignment and Assumption”) is dated as of the Effective Date set forth below and is entered into by and between the Assignor identified in item 1 below (the “Assignor”) and the Assignee identified in item 2 below (the “Assignee”). Capitalized terms used but not defined herein shall have the meanings given to them in the Credi Agreement identified below (as amended, the “Credit Agreement”), receipt of a copy of which is hereby acknowledged by the Assignee. The Standard Terms and Conditions set forth in Annex 1 attached hereto are hereby agreed to and incorporated herein by reference and made a part of this Assignment and Assumption as if set forth herein in full.
