LEASE RESERVE AND INTEREST CARRY GUARANTEELease Reserve and Interest Carry Guarantee • November 10th, 2008 • Maguire Properties Inc • Real estate investment trusts • New York
WHEREAS, MAGUIRE PARTNERS-PLAZA LAS FUENTES, LLC, a Delaware limited liability company (“Borrower”), certain lenders (collectively, the “Lenders”), the Administrative Agent and Wells Fargo Bank, N.A., as Syndication Agent and as a Lender, are parties to a Loan Agreement dated as of the date hereof (said Loan Agreement, as modified, amended, supplemented and in effect from time to time, being herein called the “Loan Agreement”; and, except as otherwise herein expressly provided, all terms defined in the Loan Agreement are being used herein as defined therein), which Loan Agreement provides, among other things, for Loans to be made by the Lenders to Borrower in an aggregate principal amount not exceeding $100,000,000 in connection with the Project, such Loans to be (i) evidenced by, and repayable with interest thereon in accordance with, various Notes to be executed and delivered to the respective order of the Lenders and (ii) secured by, among other things, the Mortgage; capitalized ter
