TERM LOAN AGREEMENT Dated as of July 1, 2011 by and among MHC OPERATING LIMITED PARTNERSHIP, as Borrower, EQUITY LIFESTYLE PROPERTIES, INC., as Parent, THE FINANCIAL INSTITUTIONS PARTY HERETO AND THEIR ASSIGNEES UNDER SECTION 12.6., as Lenders, WELLS...Term Loan Agreement • July 1st, 2011 • Equity Lifestyle Properties Inc • Real estate investment trusts • New York
THIS TERM LOAN AGREEMENT (this “Agreement”) dated as of July 1, 2011 by and among MHC OPERATING LIMITED PARTNERSHIP, a limited partnership formed under the laws of the State of Illinois (the “Borrower”), EQUITY LIFESTYLE PROPERTIES, INC., a corporation formed under the laws of the State of Maryland (the “Parent”), WELLS FARGO SECURITIES, LLC, as Sole Lead Arranger and Sole Bookrunner (the “Arranger”), each of the financial institutions initially a signatory hereto together with their successors and assignees under Section 12.6. (the “Lenders”), BANK OF AMERICA, N.A., as Syndication Agent (the “Syndication Agent”), and WELLS FARGO BANK, NATIONAL ASSOCIATION, as Administrative Agent (the “Administrative Agent”).
GUARANTYGuaranty • July 1st, 2011 • Equity Lifestyle Properties Inc • Real estate investment trusts • New York
THIS GUARANTY dated as of July 1, 2011 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 an Accession Agreement in the form of Annex I hereto (all of the undersigned, together with such other Persons each a “Guarantor” and collectively, the “Guarantors”) in favor of WELLS FARGO BANK, NATIONAL ASSOCIATION (“Wells Fargo”), in its capacity as Administrative Agent (the “Administrative Agent”) for the Lenders under that certain Term Loan Agreement dated as of July 1, 2011 (as amended, restated, supplemented or otherwise modified from time to time, the “Loan Agreement”), by and among MHC Operating Limited Partnership (the “Borrower”), Equity Lifestyle Properties, Inc. (the “Parent”), the financial institutions party thereto and their assignees under Section 12.6. thereof (the “Lenders”) and the Administrative Agent (the Administrative Agent and the Lenders, each individually a “Guarantied Party” an
SERIES H SUBORDINATED NON-VOTING CUMULATIVE REDEEMABLE PREFERENCE UNITS TERM SHEET AND JOINDER TO SECOND AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIPEquity Lifestyle Properties Inc • July 1st, 2011 • Real estate investment trusts
This Series H Subordinated Non-Voting Cumulative Redeemable Preference Units Term Sheet and Joinder to the Second Amended and Restated Agreement of Limited Partnership (the “Term Sheet”) is made and entered as of July 1, 2011 by the signatories hereto. As of July 1, 2011 (the “Effective Date”), each person and entity signing this Term Sheet hereby joins in, adopts and agrees to be bound by all the terms and provisions of the Agreement (as defined below) as a Limited Partner of the Partnership holding the number of Series H Units (as defined below) as indicated on Exhibit A attached hereto. Capitalized terms used but not defined herein shall have the meanings ascribed to them in the Agreement (as defined below).
