AGENCY RESIGNATION, APPOINTMENT, ACCEPTANCE AND WAIVER AGREEMENTAcceptance and Waiver Agreement • May 7th, 2021 • Pennsylvania Real Estate Investment Trust • Real estate investment trusts • New York
This AGENCY RESIGNATION, APPOINTMENT, ACCEPTANCE AND WAIVER AGREEMENT, dated as of April 13, 2021 (this “Agreement”), is entered into among Wells Fargo Bank, National Association (“Wells Fargo”), as resigning Administrative Agent (as defined below) (in such capacity, the “Resigning Agent”), Wilmington Savings Fund Society, FSB (“WSFS”), as the successor Administrative Agent (as defined below), PREIT Associates, L.P., a Delaware limited partnership (“PREIT”), PREIT-RUBIN, INC., a Pennsylvania corporation (“PREIT-RUBIN”), Pennsylvania Real Estate Investment Trust, a Pennsylvania business trust (the “Parent”; together with PREIT and PREIT-RUBIN, each individually, a “Borrower, and collectively, the “Borrower”) and those Lenders (as defined below) which are parties hereto (constituting Requisite Lenders under the Credit Agreement). All signatories of this Agreement will be referred to jointly as the “Parties”.
