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Joinder Agreement

 

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Title:

Joinder Agreement

Entities:

Commerzbank AG; General Growth Properties Inc.; Lehman Commercial Paper Inc.

Date:

2001

Size:

Preview shows 2KB of 6KB total

Price:

$35

ID:

#336050

 

 

► Legal ► Joinder Agreements
► Financial
► Real Estate

 

 

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                               JOINDER AGREEMENT


Reference is made to the Term Loan Agreement, dated as of July 31,
2000 (as amended, supplemented or otherwise modified from time to time, the
"Loan Agreement"), among GGP Limited Partnership, GGPLP L.L.C., the institutions
from time to time parties thereto as Lenders, Lehman Commercial Paper Inc., as
Syndication Agent, and Bankers Trust Company, as Administrative Agent. Unless
otherwise defined herein, terms defined in the Loan Agreement and used herein
shall have the meanings given to them in the Loan Agreement.

Commerzbank AG, New York and Grand Cayman Branches (the "Joining
Lender") (i) represents and warrants that it is legally authorized to enter into
this Joinder Agreement; (ii) confirms that it has received a copy of the Loan
Agreement, together with copies of such other documents and information as it
has deemed appropriate to make its own credit analysis and decision to enter
into this Joinder Agreement; (iii) agrees that it will, independently and
without reliance upon the Co-Agents or any other Lender and based on such
documents and information as it shall deem appropriate at the time, continue to
make its own credit decisions in taking or not taking action under the Loan
Agreement; (iv) appoints and authorizes the Co-Agents to take such action as
agent on its behalf and to exercise such powers under the Loan Agreement as are
delegated to the Co-Agents by the terms thereof, together with such powers as

 

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