83,500,000 Term Loan Facility (subject to increase to $250,000,000) TERM LOAN AGREEMENT Dated as of September 3, 2008 by and among PREIT ASSOCIATES, L.P. and PREIT-RUBIN, INC. as Borrower, PENNSYLVANIA REAL ESTATE INVESTMENT TRUST, as Parent, THE...Term Loan Agreement • November 7th, 2008 • Pennsylvania Real Estate Investment Trust • Real estate investment trusts • Pennsylvania
THIS TERM LOAN AGREEMENT dated as of September 3, 2008, by and among PREIT ASSOCIATES, L.P., a Delaware limited partnership (“PREIT”), PREIT-RUBIN, INC., a Pennsylvania corporation (“PREIT-RUBIN”; together with PREIT, each a Borrower and collectively, the “Borrower”), PENNSYLVANIA REAL ESTATE INVESTMENT TRUST, a Pennsylvania business trust (the “Parent”), each of the financial institutions initially a signatory hereto together with their assignees pursuant to Section 11.5.(c), and WELLS FARGO BANK, NATIONAL ASSOCIATION, as Lead Arranger (the “Lead Arranger”), as Sole Bookrunner (the “Sole Bookrunner”), and as Agent.
GUARANTYGuaranty • November 7th, 2008 • Pennsylvania Real Estate Investment Trust • Real estate investment trusts • Pennsylvania
PR NEW GARDEN RESIDENTIAL LIMITED PARTNERSHIP, a Pennsylvania limited partnership PR NEW GARDEN RESIDENTIAL LLC, a Delaware limited liability company
AMENDMENT AGREEMENTAmendment Agreement • November 7th, 2008 • Pennsylvania Real Estate Investment Trust • Real estate investment trusts
This Amendment Agreement (“Agreement”) is made as of the 10th day of September, 2008, by and among Valley View Downs, LP, a Pennsylvania partnership (“Partnership”), Centaur Pennsylvania, LLC, an Indiana limited liability company (“Centaur PA”), PR Valley View Downs, L.P., a Pennsylvania limited partnership (“PREIT”), and PREIT-RUBIN, INC., a Delaware corporation (“Developer”).
