CREDIT AGREEMENTCredit Agreement • November 19th, 2018 • Phillips Edison & Company, Inc. • Real estate investment trusts • New York
This AMENDED AND RESTATED CREDIT AGREEMENT is entered into as of November 16, 2018 among PHILLIPS EDISON GROCERY CENTER OPERATING PARTNERSHIP I, L.P., a Delaware limited partnership (the “Borrower”), PHILLIPS EDISON & COMPANY, INC. (f/k/a PHILLIPS EDISON GROCERY CENTER REIT I, INC.) (or its successors as permitted hereunder, the “Parent Entity”), the other Guarantors (defined herein), the Lenders (defined herein), BANK OF AMERICA, N.A., as Administrative Agent, Swing Line Lender and L/C Issuer and the other Swing Line Lenders and L/C Issuers.
AMENDED AND RESTATED CREDIT AGREEMENT Dated as of November 16, 2018 among PHILLIPS EDISON GROCERY CENTER OPERATING PARTNERSHIP I, L.P. as the Borrower, PHILLIPS EDISON & COMPANY, INC. (f/k/a PHILLIPS EDISON GROCERY CENTER REIT I, INC.) as the Parent...Credit Agreement • November 19th, 2018 • Phillips Edison & Company, Inc. • Real estate investment trusts • New York
Page ARTICLE I DEFINITIONS AND ACCOUNTING TERMS 1.01 Defined Terms 1 1.02 Other Interpretive Provisions 32 1.03 Accounting Terms 32 1.04 Rounding 33 1.05 Times of Day; Rates 33 ARTICLE II THE COMMITMENTS AND CREDIT EXTENSIONS 33 2.01 Commitments 34 2.02 Borrowings, Conversions and Continuations of Loans 34 2.03 [Reserved] 35 2.04 [Reserved] 35 2.05 Voluntary Prepayments 35 2.06 Optional Reduction of Term Loan A-1 Commitment 36 2.07 Repayment of Loans 36 2.08 Interest 36 2.09 Fees 37 2.10 Computation of Interest and Fees; Retroactive Adjustments of Applicable Rate 37 2.11 Evidence of Debt 38 2.12 Payments Generally; Administrative Agent's Clawback 38 2.13 Sharing of Payments by Lenders 40 2.14 [Reserved] 40 2.15 Defaulting Lenders 40 2.16 Increase in Commitments 42 ARTICLE III TAXES, YIELD PROTECTION AND ILLEGALITY 43 3.01 Taxes 43 3.02 Illegality 47 3.03 Inability to Determine Rates 48 3.04 Increased Costs 49 3.05 Compensation for
FIRST AMENDMENT TO CREDIT AGREEMENTCredit Agreement • November 19th, 2018 • Phillips Edison & Company, Inc. • Real estate investment trusts • New York
THIS FIRST AMENDMENT TO CREDIT AGREEMENT, dated as of November 16, 2018 (this “Amendment”), is entered into among Phillips Edison Grocery Center Operating Partnership I, L.P., a Delaware limited partnership (the “Borrower”), Phillips Edison & Company, Inc. (f/k/a Phillips Edison Grocery Center REIT I, Inc.), a Maryland corporation (the “Parent Entity”), the Lenders party hereto and KeyBank National Association, as Administrative Agent (in such capacity, the “Administrative Agent”).
