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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported):  July 26, 2022

 

Global Net Lease, Inc.

(Exact Name of Registrant as Specified in Charter)

 

Maryland   001-37390   45-2771978

(State or other jurisdiction

of incorporation)

  (Commission File Number)  

(I.R.S. Employer

Identification No.)

 

650 Fifth Avenue, 30th Floor

New York, New York 10019

(Address, including zip code, of Principal Executive Offices)

 

Registrant’s telephone number, including area code: (212) 415-6500

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

  

Securities registered pursuant to section 12(b) of the Act:

 

Title of each class   Trading Symbols   Name of each exchange on which registered
Common Stock, $0.01 par value per share   GNL   New York Stock Exchange
7.25% Series A Cumulative Redeemable Preferred Stock, $0.01 par value per share   GNL PR A   New York Stock Exchange
6.875% Series B Cumulative Redeemable Perpetual Preferred Stock, $0.01 par value per share   GNL PR B   New York Stock Exchange
Preferred Stock Purchase Rights       New York Stock Exchange

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.   ¨

  

 

 

 

 

Item 1.01. Entry into a Material Definitive Agreement.

  

On July 26, 2022, Global Net Lease, Inc. (the “Company”), through Global Net Lease Operating Partnership, L.P., its operating partnership subsidiary (the “Operating Partnership”), entered into an amendment (the “Amendment”) to its second amended and restated credit agreement, dated April 8, 2022, with KeyBank National Association, as agent, and the other lender parties thereto, to, among other things, increase the maximum aggregate asset value attributable to unencumbered pool assets located in approved foreign countries. The impact of this amendment will be to increase the Company’s flexibility to add properties to the pool of unencumbered assets which impacts the amount available for draw under the facility.

 

The foregoing description of the Amendment is only a summary, does not purport to be complete, and is qualified in its entirety by reference to the full text of the Amendment, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.

 

Item 2.03Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

 

The description of the Amendment in Item 1.01 of this Form 8-K is incorporated by reference into this Item 2.03.

 

Item 9.01. Financial Statements and Exhibits.

 

(d) Exhibits

 

Exhibit No.   Description
     
10.1   First Amendment, dated as of July 26, 2022, to Second Amended and Restated Credit Agreement, dated as of April 8, 2022, by and among Global Net Lease Operating Partnership, L.P., as borrower, Global Net Lease, Inc. and the other guarantors party thereto, KeyBank National Association, as agent, and the other lender parties thereto
104   Cover Page Interactive Data File – the cover page XBRL tags are embedded within the Inline XBRL Document

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  GLOBAL NET LEASE, INC.
     
Date: July 29, 2022 By: /s/ James L. Nelson
    Name: James L. Nelson
    Title: Chief Executive Officer and President

  

 

 

Exhibit 10.1

 

FIRST AMENDMENT TO sECOND AMENDED AND RESTATED CREDIT AGREEMENT

 

THIS FIRST AMENDMENT TO SECOND AMENDED AND RESTATED CREDIT AGREEMENT (this “Amendment”) made as of the 26th day of July, 2022, by and among GLOBAL NET LEASE OPERATING PARTNERSHIP, L.P., a Delaware limited partnership (“Borrower”), GLOBAL NET LEASE, INC., a Maryland corporation (“REIT”), ARC GLOBAL HOLDCO, LLC, a Delaware limited liability company (“International Holdco”), ARC GLOBAL II HOLDCO, LLC, a Delaware limited liability company (“Global II Holdco”), THE PARTIES EXECUTING BELOW AS SUBSIDIARY GUARANTORS (the “Subsidiary Guarantors”; REIT, International Holdco, Global II Holdco and the Subsidiary Guarantors, collectively the “Guarantors”), KEYBANK NATIONAL ASSOCIATION (“KeyBank”), individually and as Agent for itself and the other Lenders from time to time a party to the Credit Agreement (as hereinafter defined) (KeyBank, in its capacity as Agent, is hereinafter referred to as “Agent”), and THE OTHER “LENDERS” WHICH ARE SIGNATORIES HERETO (KeyBank and such Lenders hereinafter referred to collectively as the “Lenders”).

 

W I T N E S S E T H:

 

WHEREAS, Borrower, Agent and certain of the Lenders entered into that certain Second Amended and Restated Credit Agreement dated as of April 8, 2022 (the “Credit Agreement”); and

 

WHEREAS, Borrower, the Agent and the Lenders have agreed to make certain modifications to the terms of the Credit Agreement subject to the execution and delivery by the parties of this Amendment.

 

NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto do hereby covenant and agree as follows:

 

1.             Definitions. All the terms used herein which are not otherwise defined herein shall have the meanings set forth in the Credit Agreement (as modified and amended by this Amendment).

 

2.             Modification of the Credit Agreement. Borrower, the Lenders and Agent do hereby modify and amend the Credit Agreement as follows:

 

(a)           By modifying the definition of “Approved Foreign Country” appearing in §1.1 of the Credit Agreement by deleting the word “Agent” from said definition and inserting in lieu thereof the words “Majority Lenders”; and

 

(b)           By modifying §7.20(a)(xii) of the Credit Agreement by deleting the words and figures “twenty percent (20.0%)” appearing in said §7.20(a)(xii) and inserting in lieu thereof the following words and figures: “fifty percent (50.0%)”.

 

3.             References to Loan Documents. All references in the Loan Documents to the Credit Agreement shall be deemed a reference to the Credit Agreement as modified and amended herein.

 

 

 

 

4.             Consent and Acknowledgment of Borrower and Guarantors. By execution of this Amendment, the Guarantors hereby expressly consent to the modifications and amendments relating to the Credit Agreement as set forth herein and any other agreements or instruments executed in connection herewith, and Borrower and Guarantors hereby acknowledge, represent and agree that (a) the Credit Agreement, as modified and amended herein, and the other Loan Documents remains in full force and effect and constitutes the valid and legally binding obligation of Borrower and Guarantors, as applicable, enforceable against such Persons in accordance with their respective terms, (b) that the Guaranty extends to and applies to the Credit Agreement as modified and amended herein, and (c) that the execution and delivery of this Amendment and any other agreements or instruments executed in connection herewith does not constitute, and shall not be deemed to constitute, a release, waiver or satisfaction of Borrower’s or any Guarantor’s obligations under the Loan Documents.

 

5.             Representations and Warranties. Borrower and Guarantors represent and warrant to Agent and the Lenders as follows:

 

(a)           Authorization. The execution, delivery and performance of this Amendment and any other agreements or instruments executed in connection herewith and the transactions contemplated hereby and thereby (i) are within the authority of Borrower and Guarantors, (ii) have been duly authorized by all necessary proceedings on the part of the Borrower and Guarantors, (iii) do not and will not conflict with or result in any breach or contravention of any provision of law, statute, rule or regulation to which Borrower or any Guarantor is subject or any judgment, order, writ, injunction, license or permit applicable to Borrower or any Guarantor, (iv) do not and will not conflict with or constitute a default (whether with the passage of time or the giving of notice, or both) under any provision of the partnership agreement, articles of incorporation or other charter documents or bylaws of, or any agreement or other instrument binding upon, Borrower or any Guarantor or any of their respective properties, (v) do not and will not result in or require the imposition of any lien or other encumbrance on any of the properties, assets or rights of Borrower or any Guarantor, other than those in favor of Agent, on behalf of itself and the other Lenders, pursuant to the Loan Documents, and (vi) do not require the approval or consent of any Person other than those already obtained and delivered to the Agent.

 

(b)           Enforceability. This Amendment and any other agreements or instruments executed in connection herewith to which Borrower or any Guarantor is a party are the valid and legally binding obligations of Borrower and Guarantors enforceable in accordance with the respective terms and provisions hereof, except as enforceability is limited by bankruptcy, insolvency, reorganization, moratorium or other laws relating to or affecting generally the enforcement of creditors’ rights and the effect of general principles of equity.

 

(c)           Governmental Approvals. The execution, delivery and performance of this Amendment and any other agreements or instruments executed in connection herewith and the transactions contemplated hereby and thereby do not require the approval or consent of, or any filing or registration with, or the giving of any notice to, any court, department, board, governmental agency or authority other than those already obtained, and filings after the date hereof of disclosures with the SEC, or as may be required hereafter with respect to tenant improvements, repairs or other work with respect to any Real Estate.

 

2 

 

 

(d)           Reaffirmation of Representations and Warranties. Each of the representations and warranties made by or on behalf of the Borrower, the Guarantors or any of their respective Subsidiaries contained in the Credit Agreement, the other Loan Documents or in any document or instrument delivered pursuant to or in connection with the Credit Agreement or this Amendment is true and correct in all material respects as of the date hereof, with the same effect as if made at and as of the date hereof, except to the extent of changes resulting from transactions permitted by the Loan Documents (it being understood and agreed that, with respect to any representation or warranty which by its terms is made as of a specified date, such representation or warranty is reaffirmed hereby only as of such specified date). To the extent that any of the representations and warranties contained in the Credit Agreement, any other Loan Document or in any document or instrument delivered pursuant to or in connection with the Credit Agreement or this Amendment is qualified by “Material Adverse Effect” or any other materiality qualifier, then the qualifier “in all material respects” contained in this Paragraph 5(d) shall not apply with respect to any such representations and warranties.

 

6.             No Default. By execution hereof, the Borrower and the Guarantors certify that, immediately after giving effect to this Amendment, there exists no Default or Event of Default as of the date of this Amendment.

 

7.             Waiver of Claims. Borrower and Guarantors acknowledge, represent and agree that none of such Persons has any defenses, setoffs, claims, counterclaims or causes of action of any kind or nature whatsoever arising on or before the date hereof with respect to the Loan Documents, the administration or funding of the Loan or the Letters of Credit or with respect to any acts or omissions of Agent or any Lender, or any past or present officers, agents or employees of Agent or any Lender pursuant to or relating to the Loan Documents, and each of such Persons does hereby expressly waive, release and relinquish any and all such defenses, setoffs, claims, counterclaims and causes of action arising on or before the date hereof, if any.

 

8.             Ratification. Except as hereinabove set forth, all terms, covenants and provisions of the Credit Agreement remain unaltered and in full force and effect, and the parties hereto do hereby expressly ratify and confirm the Credit Agreement as modified and amended herein. Nothing in this Amendment or any other document delivered in connection herewith shall be deemed or construed to constitute, and there has not otherwise occurred, a novation, cancellation, satisfaction, release, extinguishment or substitution of the indebtedness evidenced by the Notes or the other obligations of Borrower and Guarantors under the Loan Documents.

 

9.             Effective Date. This Amendment shall be deemed effective and in full force and effect (the “Effective Date”) upon confirmation by the Agent of the satisfaction of the following conditions:

 

(a)           the execution and delivery of this Amendment by Borrower, Guarantors, Agent and the Majority Lenders;

 

(b)           receipt by Agent of such other resolutions, certificates, documents, instruments and agreements as the Agent may reasonably request; and

 

(c)           the Borrower shall have paid the reasonable fees and expenses of Agent in connection with this Amendment.

 

3 

 

 

10.           Amendment as Loan Document. This Amendment shall constitute a Loan Document.

 

11.           Counterparts. This Amendment may be executed in any number of counterparts which shall together constitute but one and the same agreement.

 

12.           MISCELLANEOUS. THIS AMENDMENT SHALL, PURSUANT TO NEW YORK GENERAL OBLIGATIONS LAW SECTION 5-1401, BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK. This Amendment shall be binding upon and shall inure to the benefit of the parties hereto and their respective permitted successors, successors-in-title and assigns as provided in the Credit Agreement.

 

13.           Electronic Signatures. Delivery of an executed counterpart of a signature page to this Amendment by facsimile or as an attachment to an electronic mail message in .pdf, .jpeg, .TIFF or similar electronic format shall be effective as delivery of a manually executed counterpart of this Amendment for all purposes. The words “execution,” “signed,” “signature,” “delivery,” and words of like import in or relating to this Amendment and any other Loan Document to be signed in connection with this Amendment, the other Loan Documents and the transactions contemplated hereby and thereby shall be deemed to include Electronic Signatures, deliveries or the keeping of records in electronic form, each of which shall be of the same legal effect, validity or enforceability as manually executed signature, physical delivery thereof or the use of a paper-based recordkeeping system, as the case may be, to the extent and as provided for in any Applicable Law, including the Federal Electronic Signatures in Global and National Commerce Act, the New York State Electronic Signatures and Records Act, or any other similar state laws based on the Uniform Electronic Transactions Act; provided that nothing herein shall require the Agent to accept electronic signatures in any form or format without its prior written consent. For the purposes hereof, “Electronic Signatures” means an electronic sound, symbol, or process attached to, or associated with, a contract or other record and adopted by a Person with the intent to sign, authenticate or accept such contract or record. Each of the parties hereto represents and warrants to the other parties hereto that it has the corporate capacity and authority to execute this Amendment through electronic means and there are no restrictions for doing so in that party’s constitutive documents. Without limiting the generality of the foregoing, the Borrower hereby (i) agrees that, for all purposes, including without limitation, in connection with any workout, restructuring, enforcement of remedies, bankruptcy proceedings or litigation among any of the Agent or the Lenders and any of the Borrower or Guarantors, electronic images of this Agreement or any other Loan Document (in each case, including with respect to any signature pages thereto) shall have the same legal effect, validity and enforceability as any paper original, and (ii) waives any argument, defense or right to contest the validity or enforceability of any Loan Document based solely on the lack of paper original copies of such Loan Document, including with respect to any signature pages thereto.

 

[Signatures Begin On Next Page]

 

4 

 

 

IN WITNESS WHEREOF, the parties hereto have hereto set their hands and affixed their seals as of the day and year first above written.

 

  BORROWER:
   
  GLOBAL NET LEASE OPERATING
  PARTNERSHIP, L.P., a Delaware limited partnership
   
   
  By: GLOBAL NET LEASE, INC., a Maryland corporation, its general partner
   
    By: Christopher J. Masterson
    Name: Christopher J. Masterson
    Title: Chief Financial Officer, Treasurer and Secretary
   
   
  REIT:
   
  GLOBAL NET LEASE, INC., a Maryland corporation
   
  By: Christopher J. Masterson
  Name: Christopher J. Masterson
  Title: Chief Financial Officer, Treasurer and Secretary
   
   
  INTERNATIONAL HOLDCO:
   
  ARC GLOBAL HOLDCO, LLC, a Delaware limited
  liability company
   
  By: Michael Anderson
  Name: Michael Anderson
  Title: Authorized Signatory
   
   
  GLOBAL II HOLDCO:
   
  ARC GLOBAL II HOLDCO, LLC, a Delaware limited liability company
   
  By: Michael Anderson
  Name: Michael Anderson
  Title: Authorized Signatory

 

[Signatures Continue on Following Page]

 

 

KeyBank/Global Net Lease Operating Partnership, L.P.

Signature Page to First Amendment to Second Amended and Restated Credit Agreement

 

 

 

  SUBSIDIARY GUARANTORS:  
   
  ARC GSFRNTN001, LLC,
  ARC TFDPTIA001, LLC,
  ARC NOWILND001, LLC,
  ARC GSDVRDE001, LLC,
  ARC GSGTNPA001, LLC,
  ARC GSMSSTX001, LLC,
  ARC GSDALTX001, LLC,
  ARC NOPLNTX001, LLC,
  ARC DRINDIN001, LLC,
  ARC VALWDCO001, LLC,
  ARC GBLMESA001, LLC,
  ARC FEAMOTX001, LLC,
  ARC FECPEMA001, LLC,
  ARC WNBRNMO001, LLC,
  ARC VCLIVMI001, LLC,
  ARC CTFTMSC001, LLC,
  ARC TFKMZMI001, LLC,
  ARC SWWSVOH001, LLC,
  ARC WMWSLNC001, LLC,
  ARC SANPLFL001, LLC,
  ARC FEWNAMN001, LLC,
  ARC DG40PCK001, LLC,
  ARC FEWTRNY001, LLC,
  ARC KUSTHMI001, LLC,
  ARC FELEXKY001, LLC,
  ARC GECINOH001, LLC, and
  ARC DNDUBOH001, LLC, each a Delaware limited liability company
   
   
  By: Michael Anderson
  Name: Michael Anderson
  Title: Authorized Signatory  

 

 

[Signatures Continue on Following Page]

 

 

KeyBank/Global Net Lease Operating Partnership, L.P.

Signature Page to First Amendment to Second Amended and Restated Credit Agreement

 

 

 

 

ARC OGHDGMD001, LLC,

ARC FSMCHIL001, LLC,

ARC FEBILMA001, LLC,

ARC AMWCHKS001, LLC,

ARC FESALUT001, LLC,

ARC CGJNSMI001, LLC;

ARC CGFRSMI001, LLC,

ARC FEPIESD001, LLC,

ARC GSFFDME001, LLC,

ARC GSRNGME001, LLC,

ARC GSRPCSD001, LLC,

ARC TRLIVMI001, LLC,

ARC FEHBRKY001, LLC,

ARC CGMARSC001, LLC,

ARC CGLGNIN001, LLC,

ARC JTCHATN001, LLC,

ARC JTCHATN002, LLC,

ARC HLHSNTX001, LLC,

ARC FEMANMN001, LLC,

ARC GSRTNNM001, LLC,

ARG CBSKSMO001, LLC,

ARC ODVLONET001, LLC

ARG VAGNVFL001, LLC,

ARG LSWYGMI001, LLC,

ARG LSCHIIL001, LLC,

ARG LSCHIIL002, LLC,

ARG LSCHIIL003, LLC, each a Delaware limited liability company

 

 

  By: Michael Anderson
  Name: Michael Anderson
  Title: Authorized Signatory

 

[Signatures Continue on Following Page]

 

 

KeyBank/Global Net Lease Operating Partnership, L.P.

Signature Page to First Amendment to Second Amended and Restated Credit Agreement

 

 

 

 

ARG CSBLVMI001, LLC,

ARG CSHMDIN001, LLC,

ARG CSLIVMI001, LLC,

ARG CSTWBOH001, LLC,

ARG CSWYGMI001, LLC,

ARG FCSTHMI001, LLC,

ARG DPSPNIA001, LLC,

ARC FEGBRNC001, LLC,

ARG NIGTNMA001, LLC,

ARG LKCLLAL001, LLC,

ARG GASTNMI001, LLC,

ARG WGPTBPA001, LLC,

ARG VFKCYKS001, LLC,

ARG SNCSPCO001, LLC

ARG CFSRSLB001, LLC,

ARG CFSRSLB002, LLC,

ARG VSSRACA001, LLC,

ARG VSSRACA002, LLC,

ARC WHAMSNE001, LLC,

ARG FRAHLMI001, LLC,

ARG PSBRDFL001, LLC,

ARG PSLKCLA001, LLC, each a Delaware limited liability company

 

 

  By: Michael Anderson
  Name: Michael Anderson
  Title: Authorized Signatory

 

[Signatures Continue on Following Page]

 

 

KeyBank/Global Net Lease Operating Partnership, L.P.

Signature Page to First Amendment to Second Amended and Restated Credit Agreement

 

 

 

 

ARG PSGRLTX001, LLC,

ARG PSELPTX001, LLC,

ARG PSHCKNC001, LLC,

ARG PSIRVTX001, LLC,

ARG PSPRAIL001, LLC,

ARG PSMSNTX001, LLC,

ARG PSMRDMS001, LLC,

ARG NIFLNNH001, LLC,

ARG MT2PKSLB002, LLC,

ARG VSSRACA003, LLC,

ARG CSSTLMO001, LLC,

ARG FEBTHNB001, LLC,

ARG FELWDNB001, LLC,

ARG FEMTNNB001, LLC,

ARG KLSLBNC001, LLC,

ARG PSDANVA001, LLC,

ARG PSDEMIA001, LLC,

ARG PSERIPA001, LLC,

ARG PSYNSOH001, LLC,

ARG PSDAYOH001, LLC,

ARG PSLASNV001, LLC,

ARG NIFLNNH002, LLC,

ARG STELDCA001, LLC,

ARG STWINCT001, LLC,

ARG STKNCMO001, LLC,

ARG STFALNY001, LLC, and

ARG KLSLBNC002, LLC, each a Delaware limited liability company

 

 

  By: Michael Anderson
  Name: Michael Anderson
  Title: Authorized Signatory

 

[Signatures Continue on Following Page]

 

 

KeyBank/Global Net Lease Operating Partnership, L.P.

Signature Page to First Amendment to Second Amended and Restated Credit Agreement

 

 

 

 

ARG WPOTWOH001, LLC,

ARG WPCLDOH001, LLC,

ARG WPCLDOH002, LLC,

ARG WPMRNOH001, LLC,

ARG WPFNDOH001, LLC,

ARG WPCLVTN001, LLC,

ARG ZFFINOH001, LLC,

ARG FCDETMI001, LLC,

ARG SBPSLTX001, LLC,

ARG NIAMHNH001, LLC,

ARG WMBVLAR001, LLC,

ARG PPSPPTX001, LLC,

ARG PPSHLTX001, LLC,

ARG THDEXMI001, LLC,

ARG THAARMI001, LLC,

ARG THMISIN001, LLC,

ARG PRBRIMI001, LLC,

ARG PRBRIMI002, LLC,

ARG PRBRIMI003, LLC,

ARG PF4PCAN001 US, LLC,

ARG PFB4PCK001, LLC,

ARG NXHSNTX001, LLC,

ARC ACHNETH001, LLC,

ARG EMSPHIL001, LLC, and

ARC TKMANUK001, LLC, each a Delaware limited liability company

   
   
  By: Michael Anderson
  Name: Michael Anderson
  Title: Authorized Signatory

 

[Signatures Continue on Following Page]

 

 

KeyBank/Global Net Lease Operating Partnership, L.P.

Signature Page to First Amendment to Second Amended and Restated Credit Agreement

 

 

 

  ARG PF4PCAN001, ULC,
  an Alberta unlimited liability corporation
   
   
  By: Michael Anderson
  Name: Michael Anderson
  Title: Director
   
   
  ARC GLOBAL II S.À R.L., a Luxembourg private limited liability company (société à responsabilité limitée), having its registered office at 17, Boulevard F.W Raiffeisen, L-2411 Luxembourg, Grand Duchy of Luxembourg and registered with the Luxembourg Register of Commerce and Companies (Registre de commerce et des Sociétés) under number B 196327.
   
   
  By: James Nelson      
  Name: James Nelson
  Title: Manager
   
   
  ARC GLOBAL II (MIDCO) S.À R.L., a Luxembourg private limited liability company (société à responsabilité limitée) , having its registered office at 17, Boulevard F.W Raiffeisen, L-2411 Luxembourg, Grand Duchy of Luxembourg and registered with the Luxembourg Register of Commerce and Companies (Registre de commerce et des Sociétés) under number B 201048.
   
   
  By: James Nelson
  Name: James Nelson
  Title: Manager  

 

[Signatures Continue on Following Page]

 

 

KeyBank/Global Net Lease Operating Partnership, L.P.

Signature Page to First Amendment to Second Amended and Restated Credit Agreement

 

 

 

  ARC GLOBAL II (FRANCE) HOLDINGS S.À R.L., a Luxembourg private limited liability company (société à responsabilité limitée) , having its registered office at 17, Boulevard F.W Raiffeisen, L-2411 Luxembourg, Grand Duchy of Luxembourg and registered with the Luxembourg Register of Commerce and Companies (Registre de commerce et des Sociétés) under number B 190960.
   
   
  By: James Nelson
  Name: James Nelson
  Title: Manager
   
   
  CROWN PORTFOLIO S.À R.L., a Luxembourg private limited liability company (société à responsabilité limitée), having its registered office at 17, Boulevard F.W Raiffeisen, L-2411 Luxembourg, Grand Duchy of Luxembourg and registered with the Luxembourg Register of Commerce and Companies (Registre de commerce et des Sociétés) under number B 199533.
   
   
  By: James Nelson                         
  Name: James Nelson
  Title: Manager
   
   
  ARC GLOBAL II (MADRID) S.À R.L., a Luxembourg private limited liability company (société à responsabilité limitée), having its registered office at 17, Boulevard F.W Raiffeisen, L-2411 Luxembourg, Grand Duchy of Luxembourg and registered with the Luxembourg Register of Commerce and Companies (Registre de commerce et des Sociétés) under number B 247015.
   
   
  By: James Nelson
  Name: James Nelson
  Title: Manager  

 

[Signatures Continue on Following Page]

 

 

KeyBank/Global Net Lease Operating Partnership, L.P.

Signature Page to First Amendment to Second Amended and Restated Credit Agreement

 

 

 

  ARG WPFBRIT001 S.R.L., an Italian società a responsabilità limitata
   
   
  By: Michael Anderson
  Name: Michael Anderson
  Title: Director    

 

[Signatures Continue on Following Page]

 

 

 

 

 

 

KeyBank/Global Net Lease Operating Partnership, L.P.

Signature Page to First Amendment to Second Amended and Restated Credit Agreement

 

 

 

  LENDERS:
   
  KEYBANK NATIONAL ASSOCIATION, individually as a Lender and as the Agent
   
   
  By: Jonathan K. Bond
  Name: Jonathan K. Bond
  Title: Vice President
   

 

  CAPITAL ONE, NATIONAL ASSOCIATION
   
   
  By:  
  Name:                                                  
  Title:  

 

   
  CITIZENS BANK, N.A.
   
   
  By: Donald Woods
  Name: Donald Woods
  Title: SVP
   
   
  BMO HARRIS BANK, N.A.
   
   
  By: Lloyd Baron
  Name: Lloyd Baron
  Title: Managing Director
   
   
  MIZUHO BANK, LTD.
   
   
  By: Donna DeMagistris
  Name: Donna DeMagistris
  Title: Executive Director

 

[Signatures Continue on Following Page]

 

 

KeyBank/Global Net Lease Operating Partnership, L.P.

Signature Page to First Amendment to Second Amended and Restated Credit Agreement

 

 

 

  SUMITOMO MITSUI BANKING CORPORATION
   
  By: Cindy Hwee
  Name: Cindy Hwee
  Title: Director
   
   
  THE HUNTINGTON NATIONAL BANK
   
  By: Joe White
  Name: Joe White
  Title: Vice President
   
   
  SOCIÉTÉ GÉNÉRALE
   
  By: Henry Schwarz
  Name: Henry Schwarz
  Title: Director
   
   
  COMERICA BANK
   
  By: Charles Weddell
  Name: Charles Weddell
  Title: Senior Vice President
   
   
  SYNOVUS BANK
   
  By: Zachary Braun
  Name: Zachary Braun
  Title: Corporate Banker

 

[Signatures Continue on Following Page]

 

 

KeyBank/Global Net Lease Operating Partnership, L.P.

Signature Page to First Amendment to Second Amended and Restated Credit Agreement

 

 

 

  CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH
   
   
  By: Komal Shah
  Name: Komal Shah
  Title: Authorized Signatory
   
   
  By: Michael Dieffenbacher
  Name: Michael Dieffenbacher
  Title: Authorized Signatory
   
   
  BARCLAYS BANK PLC
   
  By: Craig Malloy
  Name: Craig Malloy
  Title: Director

 

 

 

KeyBank/Global Net Lease Operating Partnership, L.P.

Signature Page to First Amendment to Second Amended and Restated Credit Agreement