TERM LOAN AGREEMENT Dated as of May 11, 2012 by and among COLONIAL REALTY LIMITED PARTNERSHIP, as Borrower, THE FINANCIAL INSTITUTIONS PARTY HERETO AND THEIR ASSIGNEES UNDER SECTION 12.5., as Lenders, and U.S. BANK NATIONAL ASSOCIATION, as...Term Loan Agreement • May 16th, 2012 • Colonial Realty Limited Partnership • Real estate investment trusts • New York
THIS TERM LOAN AGREEMENT (this “Agreement”) dated as of May 11, 2012, by and among COLONIAL REALTY LIMITED PARTNERSHIP, a limited partnership formed under the laws of the State of Delaware (the “Borrower”), COLONIAL PROPERTIES TRUST, a trust formed under the laws of the State of Alabama, certain Subsidiaries thereof which may become party hereto from time to time, each of the financial institutions initially a signatory hereto together with their successors and assignees under Section 12.5 (the “Lenders”), and U.S. BANK NATIONAL ASSOCIATION, as Administrative Agent (the “Administrative Agent”), and with PNC CAPITAL MARKETS LLC, as Joint Lead Arrangers (the “Arrangers”), and PNC BANK, NATIONAL ASSOCIATION, as Syndication Agent (the “Syndication Agent”).
GUARANTYGuaranty • May 16th, 2012 • Colonial Realty Limited Partnership • Real estate investment trusts • New York
THIS GUARANTY (this “Guaranty”) dated as of May 11, 2012, executed and delivered by each of the undersigned and the other Persons from time to time party hereto pursuant to the execution and delivery of a Joinder Agreement (all of the undersigned, together with such other Persons each a “Guarantor” and collectively, the “Guarantors”) in favor of U.S. BANK NATIONAL ASSOCIATION, in its capacity as Administrative Agent (together with its successors and assigns in such capacity, the “Administrative Agent”) for the Lenders (as defined herein) under that certain Term Loan Agreement dated as of even date herewith (as amended, restated, supplemented or otherwise modified from time to time, the “Term Loan Agreement”), by and among COLONIAL REALTY LIMITED PARTNERSHIP, a Delaware limited partnership (the “Borrower”), the financial institutions party thereto and their assignees under Section 12.5 thereof (the “Lenders”), the Administrative Agent for the benefit of itself and the Lenders (the Lende
