LETTER OF CREDIT AGREEMENTLetter of Credit Agreement • February 21st, 2018 • Potlatch Corp • Real estate investment trusts • Georgia
THIS LETTER OF CREDIT AGREEMENT (this “Agreement”), dated as of February 20, 2018, by and between (i) DEL-TIN FIBER L.L.C., A Delaware limited liability company and a taxable REIT subsidiary of PotlatchDeltic; (the “Company”), (ii) POTLATCHDELTIC TIMBER, LLC, an Arkansas limited liability company (“PotlatchDeltic Timber”); (iii) POTLATCHDELTIC MANUFACTURING, LLC, an Arkansas limited liability company and a taxable REIT subsidiary of PotlatchDeltic (“PotlatchDeltic Manufacturing”); (iv) POTLATCHDELTIC CORPORATION, a Delaware corporation and a REIT (“PotlatchDeltic”), (v) POTLATCHDELTIC FOREST HOLDINGS, INC., a Delaware corporation (“PotlatchDeltic Forest”), (vi) POTLATCHDELTIC LAND & LUMBER, LLC, a Delaware limited liability company and a taxable REIT subsidiary of PotlatchDeltic (“PotlatchDeltic Land & Lumber”) (collectively, the “Borrowers” and each individually, a “Borrower”) and SUNTRUST BANK, a Georgia banking corporation (the “Bank”);
ASSUMPTION AGREEMENTAssumption Agreement • February 21st, 2018 • Potlatch Corp • Real estate investment trusts • New York
This ASSUMPTION AGREEMENT (this “Agreement”) is entered into as of February [16], 2018, among Potlatch Corporation, a Delaware corporation and a REIT (“Potlatch”), Potlatch Forest Holdings, Inc., a Delaware corporation (“Potlatch Forest”), and Potlatch Land & Lumber, LLC (“Potlatch Land & Lumber”) (collectively, the “Successor Borrowers” and each individually, a “Successor Borrower”), Deltic Timber Corporation, a Delaware corporation (the “Initial Borrower” and together with the Successor Borrowers, the “Parties”), the Lenders and Voting Participants identified on the signature pages hereto and American AgCredit, PCA, as Administrative Agent (the “Administrative Agent”). Capitalized terms used herein and not otherwise defined shall have the meanings set forth in the Credit Agreement (as defined below).
