NOTECredit Agreement • August 6th, 2014 • New England Realty Associates Limited Partnership • Operators of apartment buildings
NON-RECOURSE CARVE OUT GUARANTYNon-Recourse • August 6th, 2014 • New England Realty Associates Limited Partnership • Operators of apartment buildings • Massachusetts
THIS NONRECOURSE CARVE OUT GUARANTY (this “Guaranty”) dated as of July 31, 2014, executed and delivered by NEWREAL, INC., a Massachusetts corporation (the “Guarantor”) in favor of (a) KEYBANK NATIONAL ASSOCIATION, in its capacity as Administrative Agent (the “Agent”) for the Lenders under that certain Credit Agreement dated as of even date herewith, by and among NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP, a Massachusetts limited partnership (the “Borrower”), the financial institutions party thereto and their assignees in accordance therewith (the “Lenders”), and the Agent (as the same may be amended, restated, supplemented or otherwise modified from time to time in accordance with its terms, the “Credit Agreement”) and (b) the Lenders. Capitalized terms used herein and not otherwise defined herein shall have the meanings set forth in the Credit Agreement.
OWNERSHIP INTEREST PLEDGE AND SECURITY AGREEMENTOwnership Interest Pledge and Security Agreement • August 6th, 2014 • New England Realty Associates Limited Partnership • Operators of apartment buildings
THIS OWNERSHIP INTEREST PLEDGE AND SECURITY AGREEMENT (this “Pledge Agreement”) dated effective as of the 31st day of July, 2014 by and between NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP, a Massachusetts limited partnership (the, “Pledgor”) and KEYBANK, NATIONAL ASSOCIATION, a national banking association having an address at 225 Franklin Street, Boston, Massachusetts 02110, as administrative agent (KeyBank National Association, in such capacity as administrative agent, hereinafter referred to as the “Administrative Agent”) for a syndicate of lenders (singly and collectively, the “Lenders”) as specifically provided in the Credit Agreement (as defined below).
CREDIT AGREEMENTCredit Agreement • August 6th, 2014 • New England Realty Associates Limited Partnership • Operators of apartment buildings • Massachusetts
THIS CREDIT AGREEMENT is dated as of July 31, 2014 by and among NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP, a Massachusetts limited partnership (the “Borrower”), the banks and financial institutions listed on the signature page hereof as lenders (each a “Lender” and collectively, the “Lenders”, and KEYBANK NATIONAL ASSOCIATION, a national banking association (in its individual capacity, “KeyBank”), as administrative agent (together with any successor appointed pursuant to Section 12 below, the “Administrative Agent”) for the Lenders (as hereinafter defined), and the Lenders.
