LEXINGTON REALTY TRUST (NYSE:LXP) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01. Entry into a Material Definitive Agreement.
as the Trust, entered into the Second Amendment to Credit
Agreement, which we refer to as the Credit Agreement Amendment,
among the Trust, as borrower, KeyBank National Association, as
agent, and each of the lenders party thereto. The parties entered
into the Credit Agreement Amendment for the primary purpose of
releasing Lepercq Corporate Income Fund L.P., which we refer to
as LCIF, as a borrower under the Credit Agreement, dated as of
September 1, 2015 (as amended, restated, supplemented or
otherwise modified from time to time, the Credit Agreement), and
making certain other related changes to the Credit Agreement to
reflect the release of LCIF. The foregoing description of the
Credit Agreement Amendment is qualified in its entirety by
reference to the Credit Agreement Amendment attached as Exhibit
10.1 to this Current Report on Form 8-K, which we refer to as
this Current Report.
Credit Agreement constitutes a termination of a material
definitive agreement with respect to LCIF, the disclosure set
forth in Item 1.01 of this Current Report is incorporated by
reference into this Item 1.02 of this Current Report.
the Indenture, dated as of June 10, 2013 (as amended and
supplemented from time to time (the 2013 Indenture), among the
Trust, certain subsidiaries of the Trust signatories thereto and
U.S. Bank National Association (U.S. Bank), and (2) the
Indenture, dated as of May 9, 2014 (as amended and supplemented
from time to time (the 2014 Indenture), among the Trust, certain
subsidiaries of the Trust signatories thereto and U.S. Bank. The
certificate provides (1) notice to U.S. Bank, as Trustee under
the 2013 Indenture and the 2014 Indenture, of the termination of
LCIFs obligations under the Credit Agreement, which was
previously designated as the Principal Credit Agreement (as
defined in the 2013 Indenture and the 2014 Indenture), and (2)
the automatic and unconditional release of LCIF from its
obligations under (i) the Guarantee as defined in the 2013
Indenture and the 2014 Indenture, (ii) the 2013 Indenture and the
2014 Indenture, (iii) the Registration Rights Agreement (as
defined in the 2013 Indenture) and (iv) the termination of such
Guarantees.
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(d)
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Exhibits
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10.1
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Second Amendment to Credit Agreement, dated as of
December 21, 2018, among Lexington Realty Trust, as borrower, KeyBank National Association, as agent, and each of the lenders signatory thereto. |
LEPERCQ CORPORATE INCOME FUND L P Exhibit
EX-10.1 2 ex101-secondamendmenttocre.htm EXHIBIT 10.1 Exhibit Exhibit 10.1SECOND AMENDMENT TO CREDIT AGREEMENT THIS SECOND AMENDMENT TO CREDIT AGREEMENT dated as of December 21,…
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About LEXINGTON REALTY TRUST (NYSE:LXP)
Lexington Realty Trust is a self-managed and self-administered real estate investment trust (REIT). The Company owns a portfolio of equity and debt investments in single-tenant properties and land. The Company’s segment is single-tenant real estate assets. The Company also provides investment advisory and asset management services to investors in the single-tenant area. The Company has equity ownership interests in approximately 215 consolidated real estate properties, located in over 40 states and containing an aggregate of approximately 42.3 million square feet of space, approximately 96.8% of which was leased. The properties in which the Company has an interest are leased to tenants in various industries, including service, automotive, technology, transportation and logistics, and finance and insurance.