Execution Version




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##### 



TABLE OF CONTENTS
 PageARTICLE I. DEFINITIONS AND ACCOUNTING TERMS
    
    
    11.01 Defined Terms
    
    
    11.02 Other Interpretive Provisions
    
    
    311.03 Accounting Terms
    
    
    321.04 Rounding
    
    
    321.05 Times of Day
    
    
    321.06 Letter of Credit Amounts
    
    
    32ARTICLE II. THE COMMITMENTS AND CREDIT EXTENSIONS
    
    
    332.01 Committed Loans
    
    
    332.02 Borrowings, Conversions and Continuations of Committed Loans
    
    
    332.03 Letters of Credit
    
    
    342.04 Swing Line Loans
    
    
    422.05 Prepayments
    
    
    452.06 Termination or Reduction of Commitments
    
    
    452.07 Repayment of Loans
    
    
    462.08 Interest
    
    
    462.09 Fees
    
    
    472.10 Computation of Interest and Fees; Retroactive Adjustments of Applicable Rate
    
    
    472.11 Evidence of Debt
    
    
    482.12 Payments Generally; Agents Clawback
    
    
    482.13 Sharing of Payments
    
    
    502.14 Increase in Commitments
    
    
    512.15 Extension of Maturity Date
    
    
    52ARTICLE III. TAXES, YIELD PROTECTION AND ILLEGALITY
    
    
    533.01 Taxes
    
    
    533.02 Illegality
    
    
    553.03 Inability to Determine Rates
    
    
    55
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TABLE OF CONTENTS
 Page3.04 Increased Costs
    
    
    563.05 Compensation for Losses
    
    
    573.06 Mitigation Obligations; Replacement Lenders
    
    
    573.07 Survival
    
    
    58ARTICLE IV. CONDITIONS PRECEDENT TO CREDIT EXTENSIONS
    
    
    584.01 Conditions of Initial Credit Extension
    
    
    584.02 Conditions to all Credit Extensions
    
    
    61ARTICLE V. CSI GUARANTY
    
    
    625.01 CSI Guaranty
    
    
    625.02 Payment
    
    
    625.03 Guaranty Absolute
    
    
    635.04 Reinstatement
    
    
    645.05 Waiver; Subrogation
    
    
    645.06 Set-Off and Waiver
    
    
    65ARTICLE VA. SECURITY
    
    
    665A.01 Security
    
    
    665A.02 Further Assurances
    
    
    665A.03 Information Regarding Collateral
    
    
    665A.04 Borrowing Base
    
    
    66ARTICLE VI. REPRESENTATIONS AND WARRANTIES
    
    
    696.01 Existence, Qualification and Power; Compliance with Laws
    
    
    696.02 Authorization; No Contravention
    
    
    696.03 Governmental Authorization; Other Consents
    
    
    696.04 Binding Effect
    
    
    696.05 Financial Statements; No Material Adverse Effect
    
    
    696.06 Litigation
    
    
    706.07 No Default
    
    
    706.08 Ownership of Property; Liens
    
    
    70
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TABLE OF CONTENTS
 Page6.09 Environmental Compliance
    
    
    706.10 Insurance
    
    
    716.11 Taxes
    
    
    716.12 ERISA Compliance
    
    
    716.13 Subsidiaries
    
    
    716.14 Margin Regulations; Investment Company Act
    
    
    726.15 Disclosure
    
    
    726.16 Compliance with Laws
    
    
    726.17 Intellectual Property; Licenses, Etc.
    
    
    726.18 Solvency
    
    
    736.19 REIT Status
    
    
    736.20 Ground Leases; Appraised Value; Net Operating Income
    
    
    73ARTICLE VII. AFFIRMATIVE COVENANTS
    
    
    737.01 Financial Statements
    
    
    737.02 Certificates; Other Information
    
    
    747.03 Notices
    
    
    767.04 Payment of Obligations
    
    
    777.05 Preservation of Existence, Etc.
    
    
    777.06 Maintenance of Properties
    
    
    777.07 Maintenance of Insurance
    
    
    777.08 Compliance with Laws
    
    
    787.09 Books and Records
    
    
    787.10 Inspection Rights
    
    
    787.11 Use of Proceeds
    
    
    787.12 Financial Covenants
    
    
    787.13 Additional Guarantors
    
    
    797.14 REIT Qualification; Listing on Securities Exchange
    
    
    797.15 Ownership of Borrower and GAC
    
    
    797.16 Delivery of Guarantor Certificates, Opinions, etc.
    
    
    807.17 Borrowing Base Requirements
    
    
    80
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TABLE OF CONTENTS
 Page7.18 Post Closing Deliveries
    
    
    80ARTICLE VIII. NEGATIVE COVENANTS
    
    
    808.01 Liens
    
    
    818.02 Investments
    
    
    828.03 Indebtedness
    
    
    828.04 Fundamental Changes
    
    
    848.05 Dispositions
    
    
    848.06 Restricted Payments
    
    
    858.07 Change in Nature of Business
    
    
    868.08 Transactions with Affiliates and Members of the MEA Restricted Group
    
    
    868.09 Burdensome Agreements
    
    
    868.10 Use of Proceeds
    
    
    868.11 Amendments to Organization Documents
    
    
    868.12 Acquisitions
    
    
    868.13 Ownership of Property
    
    
    878.14 Amendment of GAC Term Loan Facility
    
    
    87ARTICLE IX. EVENTS OF DEFAULT AND REMEDIES
    
    
    879.01 Events of Default
    
    
    879.02 Remedies Upon Event of Default
    
    
    899.03 Application of Funds
    
    
    90ARTICLE X. ADMINISTRATIVE AGENT
    
    
    9110.01 Appointment and Authorization of Administrative Agent
    
    
    9110.02 Rights as a Lender
    
    
    9110.03 Exculpatory Provisions
    
    
    9110.04 Reliance by Administrative Agent
    
    
    9210.05 Delegation of Duties
    
    
    9210.06 Resignation of Agent
    
    
    9210.07 Non-Reliance on Agent and Other Lenders
    
    
    93
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TABLE OF CONTENTS
 Page10.08 No Other Duties, Etc.
    
    
    9410.09 Administrative Agent May File Proofs of Claim
    
    
    9410.10 Collateral and Guaranty Matters
    
    
    9410.11 Secured Cash Management Agreements and Secured Hedging Agreements
    
    
    95ARTICLE XI. MISCELLANEOUS
    
    
    9511.01 Amendments, Etc.
    
    
    9511.02 Notices; Effectiveness; Electronic Communications
    
    
    9611.03 No Waiver; Cumulative Remedies
    
    
    9811.04 Expenses; Indemnity; Damage Waiver
    
    
    9911.05 Payments Set Aside
    
    
    10011.06 Successors and Assigns
    
    
    10111.07 Treatment of Certain Information; Confidentiality
    
    
    10511.08 Right of Setoff
    
    
    10611.09 Interest Rate Limitation
    
    
    10611.10 Counterparts; Integration; Effectiveness
    
    
    10611.11 Survival of Representations and Warranties
    
    
    10611.12 Severability
    
    
    10711.13 Replacement of Lenders
    
    
    10711.14
Governing Law; Jurisdiction; Etc.
    
    
    10811.15 Waiver of Right to Trial by Jury
    
    
    10811.16 USA PATRIOT Act Notice
    
    
    10911.17 Intercreditor Agreement
    
    
    11011.18 Waiver of Appraisal Rights
    
    
    111
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SCHEDULES
 1.01
    
    Existing Letters of Credit2.01
    
    Commitments and Applicable Percentages5A.03
    
    Collateral Information5A.04
    
    Appraisal Requirements6.06
    
    Litigation6.09
    
    Environmental Matters6.13
    
    Subsidiaries and Other Equity Investments7.18
    
    Post Closing Deliveries8.01
    
    Existing Liens8.03
    
    Existing Indebtedness11.02
    
    Administrative Agents Office, Certain Addresses for Notices
 EXHIBITS
 Form ofA
    
    Committed Loan NoticeB
    
    Swing Line Loan NoticeC
    
    NoteD
    
    Available Amount CertificateE
    
    Compliance CertificateF
    
    Assignment and AssumptionG
    
    GuarantyH
    
    Eligible Property Compliance CertificateI
    
    Estoppel CertificateJ
    
    Subordination, Nondisturbance and Attornment AgreementK
    
    Opinion of Special CounselL
    
    Consent and Agreement Regarding Performance Under Ground LeaseM
    
    Environmental Indemnity AgreementN
    
    Mortgage
 vi




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CREDIT AGREEMENT
 Agreement Borrower CSI Lenders Lender
  ARTICLE I.
DEFINITIONS AND ACCOUNTING TERMS
 1.01 Defined Terms
 Acquisition
 Additions or Enhancements
 Adjusted Property EBITDA less
 Administrative Agent Agent
 Administrative Agents Office




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Administrative Questionnaire
 Affiliate
 Aggregate Commitments
 Agreement
 Applicable Percentage Section 9.02 Schedule 2.01
 Applicable Rate Section 7.02(b)
 Applicable RateEurodollar RatePricing
    
    Total Leverage
    
    +Level
    
    Ratio
    
    Letters of Credit
    
    Base Rate +1
    
    < 0.40:1
    
    
    0.95
    %
    
    
    0.00
    %2
    

3 0.40:1 but < 0.50:1
    
    
    1.15
    %
    
    
    0.00
    %3
    
    3 0.50:1 but < 0.65:1
    
    
    1.25
    %
    
    
    0.00
    %4
    
    3 0.65:1
    
    
    1.40
    %
    
    
    0.00
    %
 Section 7.02(b) provided however
 2




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Appraisal Requirements Schedule
5A.04
 Appraised Value clause (i) (ii)
 Approved Fund
 Arranger
 Assignee Group
 Assignment and Assumption Section
11.06(b) Exhibit F
 Audited Financial Statements
 Availability Period Section 2.06 Section 9.02
 Available Amount
 (a)
    
    the Total Collateral Value;(b)
    
    the Synthetic DSCR Principal Amount; and(c)
    
    the Aggregate Commitments.
  3




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Available Amount Certificate Section
4.01(a)(xvi)
 Bank of America
 Base Rate plus
 Base Rate Committed Loan
 Base Rate Loan
 Benefited Parties
 Borrower
 Borrower Materials Section 7.02
 Borrowing
 Borrowing Base Property Schedule 5A.04
 Borrowing Base
 Business Day
 Capital Reserves times
 4




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Capitalized Lease Obligations
 Cash Collateralize Section 2.03(g)
 Cash Management Agreement
 Cash Management Bank
 Change in Law
 Change of Control
 option right
 clause (i)
 5




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clauses (i) (ii) clause (ii) clause (iii)
   Closing Date Section
4.01 Section 11.01
 Code
 Commitment Section 2.01 Schedule 2.01
 Collateral
 Committed Borrowing Section 2.01
 Committed Loan Section 2.01
 Committed Loan Notice Section 2.02(a) Exhibit A
 Compliance Certificate Exhibit E
 Consolidated Adjusted EBITDA
 6




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plus clause (a)(ii) less
 Consolidated Fixed Charges
 Consolidated Interest Expense plus clause (a)
 Consolidated Real Estate Asset Value
 7




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clause (a)
 Consolidated Real Estate Indebtedness
 Consolidated Recourse Indebtedness
 Consolidated Tangible Net Worth plus minus
 Consolidated Total Asset Value plus
 Consolidated Total Indebtedness
 Construction-in-Process
 8




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Contractual Obligation
 Control Controlling Controlled
 Credit Extension
 CS Business Trust I
 CS Business Trust II
 CSI
 Debtor Relief Laws
 Default
 Default Rate plus plus provided however plus plus
 Defaulting Lender
 9




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Development Property
 Disposition Dispose
 Dollar $
 Domestic Subsidiary
 Eligible Assignee Section 11.06(b)(iii) (v) (vi) Section 11.06(b)(iii)
 Eligible Property
  provided that
 Section 8.01
  10




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Eligible Property Compliance Certificate items (a) (f) item
(g) Exhibit H
 Environmental Indemnity Agreement Environmental Indemnity Agreements Exhibit M
 Environmental Laws
 Environmental Liability
 Equity Interests
 11




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Equity Issuance
 ERISA
 ERISA Affiliate
 ERISA Event
 Eurodollar Base Rate
 Eurodollar Rate
 Eurodollar Rate
    
    =
    
    Eurodollar Base Rate1.00  Eurodollar Reserve Percentage
  Eurodollar Base Rate BBA LIBOR
 12




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Eurodollar
Base Rate
 Eurodollar Reserve Percentage
 Eurodollar Rate Loan
 Event of Default Section 9.01
 Excluded Subsidiary Section
8.03(g) provided however
 Excluded Taxes
 13




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Section 11.13 Section 3.01(e) Section
3.01(a)
 Existing Credit Agreement
 Existing Letters of Credit Schedule
1.01
 Facility Guaranty
 Facility Termination Date clauses (a) (c)
 Federal Funds Rate provided
 14




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Fee Letter
 Fee Simple Value
 Foreign Lender
 FRB
 Fund
 Funds From Operations minus plus plus
 GAAP
 GAC
 GAC Lender
 15




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GAC Term Loan Credit Agreement
 GAC Term Loan Facility
 Governmental Authority
 Grantor Section 5A.03
 Grantor Authority Documents
    Ground Lease
 16




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clause (a)
 Ground Lessor Agreement Exhibit L
 Guarantee primary obligor
 Guarantors Obligations Section 5.01
 Guarantors
 Guaranty Exhibit G
 Guaranty Joinder Agreement Section 7.13 Section 10.10
 Hazardous Materials
 17




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Hedge Bank Article VIII
 Indebtedness
 Indemnified Taxes
 18




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Indemnitees Section 11.04(b)
 Information Section 11.07
 Intercreditor Agreement Section 4.01(a)(xx)
 Interest Payment Date Section
2.05 provided however Section 2.05
 Interest Period provided
    Investment
 IRS
 19




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ISP
 Issuer Documents
 Laws
 L/C Advance
 L/C Application
 L/C Borrowing
 L/C Credit Extension
 L/C Expiration Date
 L/C Fee Section 2.03(i)
 L/C Issuer
 L/C Obligations Section 1.06
 20




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L/C Sublimit
 Lease Party Documents Exhibit I Exhibit
J
 Leased Fee Value
 Lender
 Lending Office
 Letter of Credit
 Lien
 Loan Article II
 Loan Documents
 Loan Parties
 Mandatorily Redeemable Stock
 21




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Material Adverse Effect
 Material Subsidiary Sections 7.01(a) (b) provided however
 Maturity Date Section 2.15
 MEA Acquisition
 MEA Restricted Group
 Merger Agreement
 Mortgage Mortgages Exhibit N
 22




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Mortgage Receivables
 Multiemployer Plan
 Net Operating Income NOI minus provided
 Net Proceeds
 Non-recourse Indebtedness
 23




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Note Exhibit C
 Obligations
 Occupancy Rate Section
7.17
 Off-Balance Sheet Obligations
 Organization Documents
 24




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##### 



Other Taxes
 Outstanding Amount
 Participant Section 11.06(d)
 Partnership Units
 PBGC
 Pension Plan
 Permitted Distribution Amount
 Permitted Encumbrances
 25




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Permitted Liens
 Person
 Plan
 Platform Section 7.02
 Pledged Property Pledged Properties
 Preferred Dividends
 Preferred Equity Interest
 Property
 Qualified Appraiser
 Real Estate Leverage Ratio
 Real Property Support Documents
 26




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Recourse Indebtedness
 Register Section 11.06(c)
 Registration Statement
 REIT
 Related Parties
 Reportable Event
 Request for Credit Extension
 Required Lenders Section 9.02 provided
 Responsible Officer
 Restricted Payment
 27




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Sarbanes-Oxley
 SEC
 Secured Cash Management Agreement
 Secured Hedge Agreement Article VIII
 Secured Parties
 Securities Laws
 Security Instruments
 Single Asset Entity
 Solvent
    28




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Subsidiary
 Subsidiary Guarantors
 Swap Contract Master Agreement
 Swap Termination Value clause (a)
 Swing Line Section 2.04
 Swing Line Borrowing Section
2.04
 Swing Line Lender
 29




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Swing Line Loan Section 2.04(a)
 Swing Line Loan Notice Section 2.04(b) Exhibit
B
 Swing Line Sublimit
 Synthetic DSCR Principal Amount
 Synthetic Lease Obligation
 Taxes
 Total Collateral Value
 Total Debt to Real Estate Value Ratio
 Total Leverage Ratio
 Total Outstandings
 Type
 30




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Unconsolidated Affiliate
 Unfunded Pension Liability
 Unimproved Land
 United States U.S.
 Unreimbursed Amount Section 2.03(c)(i)
 1.02 Other Interpretive Provisions
 include includes including will shall herein hereof hereunder asset property
 31




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##### 



from from and including to until to but excluding through to and
including
  1.03 Accounting Terms Generally provided
 Changes in GAAP provided
 Consolidation of Variable Interest Entities
 Valuation of Indebtedness
 1.04 Rounding
 1.05 Times of Day
 32




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##### 



1.06 Letter of Credit Amounts provided however
 ARTICLE II.
THE COMMITMENTS AND CREDIT EXTENSIONS
 2.01 Committed Loans Committed Loan provided however plus plus Section 2.01 Section 2.05 Section
2.01
 2.02 Borrowings, Conversions and Continuations of Committed Loans Section 2.02(a) Sections 2.03(c) 2.04(c)
 33




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##### 



Section 4.02 Section 4.01 provided however first second
    2.03 Letters of Credit
 The Letter of Credit Commitment
 Section 2.03 subsection (b) provided
 34




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plus plus
        35




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##### 



Section 2.03(c)
    Article X Article X
 Procedures for Issuance and Amendment of Letters of Credit
  36




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##### 



Schedule 11.02 Article IV
  Drawings and Reimbursements; Funding of Participations
 Honor Date Unreimbursed Amount Section 2.02 Section 4.02 Section 2.03(c)(i) provided
 37




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Section 2.03(c)(i) Section 2.03(c)(iii)
 Section
4.02 Section 2.03(c)(ii) Section 2.03
 Section 2.03(c)
 Section
2.03(c) provided however Section 2.03(c) Section 4.02
 Section 2.03(c) Section 2.03(c)(ii) plus
 38




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##### 



Repayment of Participations
 Section 2.03(c)
 Section 2.03(c)(i) Section 11.05
 Obligations Absolute
    39




---



##### 



Role of L/C Issuer provided however clauses (i) (v) Section
2.03(e) provided however
 40




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##### 



Cash Collateral Sections 2.05 9.02(c) Cash Collateralize
 Applicability of ISP and UCP
 L/C Fees L/C Fee Section 1.06
 Fronting Fee and Documentary and Processing Charges Payable to L/C Issuer
 41




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##### 



provided however Section 1.06
 Conflict with Issuer Documents
 2.04 Swing Line Loans
 The Swing Line Section
2.04 Swing Line Loan provided however plus plus Section 2.04 Section 2.05 Section 2.04
 Borrowing Procedures
 42




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##### 



Section 2.04(a) Article IV
 Refinancing of Swing Line Loans
 Section
2.02 Section 4.02 Section 2.04(c)(ii)
 Section 2.04(c)(i) Section 2.04(c)(i)
 43




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Section 2.04(c) Section 2.04(c)(i) plus
 Section 2.04(c) provided however Section 2.04(c) Section 4.02
 Repayment of Participations
  Section 11.05
 44




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##### 



Interest for Account of Swing Line Lender Section 2.04
 Payments Directly to Swing Line Lender
 2.05 Prepayments provided Section 3.05
 provided
 provided however Section 2.05(c)
 2.06 Termination or Reduction of Commitments provided
 45




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##### 



2.07 Repayment of Loans
  2.08 Interest subsection (b) plus plus plus
   provided however
 46




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2.09 Fees subsections (i) (j) Section 2.03
 Utilization Fee Utilization Fee times times Article IV
 Other Fees
 2.10 Computation of Interest and Fees; Retroactive Adjustments of Applicable Rate provided Section 2.12(a)
 47




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##### 



Section 2.03(c)(iii) 2.03(i) 2.08(a) Article
XI
 2.11 Evidence of Debt
  2.12 Payments Generally; Agents Clawback
 General
 48




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Funding by Lenders; Presumption by Agent Section
2.02 Section
2.02 plus
 Payments by Borrower; Presumptions by Agent
 49




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subsection (b)
 Failure to Satisfy Conditions Precedent Article II Article IV
 Obligations of Lenders Several Section 11.04(c) Section
11.04(c) Section 11.04(c)
 Funding Source
 2.13 Sharing of Payments pro rata provided
   50




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2.14 Increase in Commitments
 Request for Increase provided
 Lender Elections to Increase
 Notification by Administrative Agent; Additional Lenders
 Effective Date and Allocations Increase Effective Date
 Conditions to Effectiveness of Increase Article VI
 51




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Section 2.14 subsections (a) (b) Section
6.05 clauses
(a) (b) Section 7.01 Section 3.05
 Conflicting Provisions Sections 2.13 11.01
 2.15 Extension of Maturity Date
 Requests for Extension
 Minimum Extension Requirement Section 2.15(a)
 Conditions to Effectiveness of Extensions
  provided subsections
(a) (b) Section 6.05 clauses (a) (b) Section 7.01 Section 6.05 clause (a) clause (b) Section 7.01
  52




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##### 



Section 4.01(a)(iii)
  times
  Conflicting Provisions Section 2.13 11.01
 ARTICLE III.
TAXES, YIELD PROTECTION AND ILLEGALITY
 3.01 Taxes
 Payments Free of Taxes provided
 Payment of Other Taxes by Borrower
 Indemnification by Borrower
 53




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Evidence of Payments
 Status of Lenders
     54




---



##### 



Treatment of Certain Refunds provided
 3.02 Illegality Section 3.05
 3.03 Inability to Determine Rates
 55




---



##### 



3.04 Increased Costs
 Increased Costs Generally
  Section 3.01
   Capital Requirements
 56




---



##### 



Certificates for Reimbursement
 Delay in Requests provided
 3.05 Compensation for Losses
   Section 11.13
 Section 3.05
 57




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##### 



3.06 Mitigation Obligations; Replacement Lenders
 Designation of a Different Lending Office Section 3.04 Section 3.01 Section 3.02 Section 3.01 3.04 Section 3.02
 Replacement of Lenders Section
3.04 Section 3.01 Section 11.13
 3.07 Survival Article III
 ARTICLE IV.
CONDITIONS PRECEDENT TO CREDIT EXTENSIONS
 4.01 Conditions of Initial Credit Extension
     58




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##### 



Exhibit K
  Sections 4.02(a) (b)
 59




---



##### 



Available Amount Certificate Exhibits D H
  Section 5A.04
   60




---



##### 



Intercreditor
Agreement
       provided
  61




---



##### 



Section 10.03 Section 4.01
 4.02 Conditions to all Credit Extensions
 Article VI Section 4.02 subsections (a) (b) Section 6.05 clauses (a) (b) Section 7.01
   Sections 4.02(a) (b)
 ARTICLE V.
CSI GUARANTY
 5.01 CSI Guaranty
 62




---



##### 



Guarantors Obligations
 5.02 Payment
 5.03 Guaranty Absolute Article V
 Related Agreements
       63




---



##### 



Article V
 5.04 Reinstatement Article V
 5.05 Waiver; Subrogation
  64




---



##### 



Article V ARTICLE V
  5.06 Set-Off and Waiver
 65




---



##### 



Section 5.06
 ARTICLE VA.
SECURITY
 5A.01 Security
 5A.02 Further Assurances
 5A.03 Information Regarding Collateral Grantor Schedule 5A.03.
 5A.04 Borrowing Base
 66




---



##### 



Schedule 5A.04 Section 5A.04 Section 5A.04 Exhibit K
 67




---



##### 



Schedule 5A.04
 Section 2.05(a) Schedule 5A.04 Section 5A.04(b) Section 11.04(a) Section
5A.04(b) Section 3.05
  Schedule
5A.04
 Section 2.14
 68




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##### 



ARTICLE VI.
REPRESENTATIONS AND WARRANTIES
  6.01 Existence, Qualification and Power; Compliance with Laws clause (b)(i) (c) (d)
 6.02 Authorization; No Contravention clause (b)(i)
 6.03 Governmental Authorization; Other Consents
 6.04 Binding Effect
 69




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##### 



6.05 Financial Statements; No Material Adverse Effect
 clauses (i) (ii)
 [Reserved.]
  6.06 Litigation Schedule 6.06 Schedule 6.06
 6.07 No Default
 6.08 Ownership of Property; Liens
 70




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##### 



Section 8.01
 6.09 Environmental Compliance Schedule 6.09
 6.10 Insurance
 6.11 Taxes
 6.12 ERISA Compliance
   71




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##### 



6.13 Subsidiaries Schedule 6.13 Schedule
6.13 Schedule
6.13 Schedule 6.13 Schedule 6.13
 6.14 Margin Regulations; Investment Company Act
 6.15 Disclosure provided
 6.16 Compliance with Laws
 6.17 Intellectual Property; Licenses, Etc
 72




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##### 



6.18 Solvency
 6.19 REIT Status
 6.20 Ground Leases; Appraised Value; Net Operating Income Schedule 5A.04
  ARTICLE VII.
AFFIRMATIVE COVENANTS
 Sections 7.01 7.02 7.03 7.12
 7.01 Financial Statements
  73




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##### 



Section 7.02(d)
 7.02 Certificates; Other Information
 Section
7.01(a)
 Sections
7.01(a) (b)
  74




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##### 



Section 7.01 Section 7.02
      75




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##### 



Section 7.01(a) (b) Section 7.02(d) Schedule 11.02 provided i.e. Section 7.02(b)
 Borrower Materials Platform i.e. Public Lender provided however Section 11.07
 76




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##### 



7.03 Notices
      Section
7.03(a)
 7.04 Payment of Obligations
 7.05 Preservation of Existence, Etc Section 8.04 8.05
 7.06 Maintenance of Properties
 77




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##### 



7.07 Maintenance of Insurance
 7.08 Compliance with Laws
 7.09 Books and Records
 7.10 Inspection Rights provided however
 7.11 Use of Proceeds provided however
 78




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##### 



7.12 Financial Covenants
 Total Leverage Ratio
 Real Estate Leverage Ratio
 Fixed Charge Coverage Ratio
 Consolidated Tangible Net Worth
   Total Debt to Real Estate Value Ratio
 7.13 Additional Guarantors clauses (iii) (iv) Section 4.01(a) clause (a)
 7.14 REIT Qualification; Listing on Securities Exchange Section 8.06
 79




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7.15 Ownership of Borrower and GAC
 7.16 Delivery of Guarantor Certificates, Opinions, etc
     7.17 Borrowing Base Requirements
 7.18 Post Closing Deliveries Schedule 7.18
 80




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ARTICLE VIII.
NEGATIVE COVENANTS
  8.01 Liens
  Schedule 8.01 provided Section 8.03(b)
      Section 9.01(h)
 Section 8.03(e) provided
 81




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Section 8.03(g)
   8.02 Investments
   provided that
  Section 8.03
    provided however clauses (i) (ii)
 8.03 Indebtedness
  82




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Schedule 8.03 provided
 provided
 provided provided
 Section 8.01(i) provided however
 provided however
  83




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8.04 Fundamental Changes
 provided provided provided further provided further
 provided provided further provided further
 8.05 Dispositions
    provided
 Section 8.04
 84




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##### 



provided
  Section 8.08
 clauses (a) (h)
 8.06 Restricted Payments
    clauses (a) (b) provided however Section 9.01(f) (g)
 85




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8.07 Change in Nature of Business
 8.08 Transactions with Affiliates and Members of the MEA Restricted Group provided
 8.09 Burdensome Agreements Section 8.03(e)
 8.10 Use of Proceeds
 8.11 Amendments to Organization Documents
 8.12 Acquisitions
 86




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8.13 Ownership of Property.
 8.14 Amendment of GAC Term Loan Facility
 ARTICLE IX.
EVENTS OF DEFAULT AND REMEDIES
 9.01 Events of Default
 Non-Payment
 Specific Covenants Section 7.01 7.02 7.03 7.05 7.10 7.11 7.12 7.17 Article
VIII
 Other Defaults subsection (a) (b)
 Representations and Warranties
 Cross-Default
 87




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Insolvency Proceedings, Etc
 Inability to Pay Debts; Attachment
 Judgments
 88




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ERISA
 Invalidity of Loan Documents
 Change of Control
 9.02 Remedies Upon Event of Default
     provided however
 89




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##### 



9.03 Application of Funds Section
9.02 Section 9.02
 First Article III
 Second Article III Second
 Third Third
 Fourth Fourth
 Fifth
 Last
 Section 2.03(c) Fifth
  90




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Article X
 ARTICLE X.
ADMINISTRATIVE AGENT
 10.01 Appointment and Authorization of Administrative Agent
 10.02 Rights as a Lender
 10.03 Exculpatory Provisions
  provided
  91




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Sections 9.02 11.01 Article IV
 10.04 Reliance by Administrative Agent
 10.05 Delegation of Duties
 10.06 Resignation of Agent
 92




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##### 



provided Section 11.04
  10.07 Non-Reliance on Agent and Other Lenders
 93




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10.08 No Other Duties, Etc
 10.09 Administrative Agent May File Proofs of Claim
 Sections 2.03(i) (j) 2.09 11.04
  Sections 2.09 11.04
 10.10 Collateral and Guaranty Matters
 Section
11.01
 94




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Section 8.01(i)
 Section 10.10
 Section
10.10
 10.11 Secured Cash Management Agreements and Secured Hedging Agreements Section 9.03 Article
V Article X
 ARTICLE XI.
MISCELLANEOUS
 11.01 Amendments, Etc provided however
 Section 4.01(a) Section 11.06(d) provided however Section 4.01(a)(iii) (iv)
 95




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Section 9.02
  clause (iv) Section 11.01 provided however
 Section 2.13 Section 9.03
   provided further
 11.02 Notices; Effectiveness; Electronic Communications
 Notices Generally subsection (b)
 96




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##### 



Schedule 11.02
  subsection (b)
 Electronic Communications provided Article
II provided provided clause (i)
 The Platform
 97




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##### 



Agent Parties provided however
 Change of Address, Etc
 Reliance by Agent. L/C Issuer and Lenders
 11.03 No Waiver; Cumulative Remedies
 98




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##### 



11.04 Expenses; Indemnity; Damage Waiver
 Costs and Expenses
 Indemnification by Borrower Indemnitee IN
ALL CASES, WHETHER OR NOT CAUSED BY OR ARISING, IN WHOLE OR IN PART, OUT OF THE COMPARATIVE,
CONTRIBUTORY OR SOLE NEGLIGENCE OF THE INDEMNITEE provided
 99




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Reimbursement by Lenders provided subsection (c) Section 2.12(d)
 Waiver of Consequential Damages, Etc subsection (b)
 Payments
 Survival
 11.05 Payments Set Aside
 100




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##### 



11.06 Successors and Assigns
 Successors and Assigns Generally subsection (b) subsection (d) subsection (f) subsection (d)
 Assignments by Lenders provided
 Minimum Amounts
   101




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##### 



provided however
 Proportionate Amounts
 Required Consents
     Assignment and Assumption provided however
 No Assignment to Borrower
 No Assignment to Natural Persons
 102




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##### 



Register Register
 Sections 3.01 3.04 3.05 11.04
 Participations Participant provided
 provided Section 11.01 Sections 3.01 3.04
 103




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##### 



3.05 Section 11.08 provided Section
2.13
 Limitations upon Participant Rights Section 3.01 3.04 Section 3.01 Section
3.01(e)
 Certain Pledges provided
 Electronic Execution of Assignments
 Deemed Consent of Borrower clause (i) Section 11.06(b)
 Resignation as L/C Issuer or Swing Line Lender subsection (b) provided however
 104




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##### 



Section 2.03(c) Section
2.04(c)
 11.07 Treatment of Certain Information; Confidentiality Information provided
 105




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##### 



11.08 Right of Setoff provided
 11.09 Interest Rate Limitation Maximum Rate
 11.10 Counterparts; Integration; Effectiveness Section 4.01
 11.11 Survival of Representations and Warranties
 106




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##### 



11.12 Severability
 11.13 Replacement of Lenders Section 3.04 Section 3.01 Section 11.06 provided
 Section
11.06(b)
 Section 3.05
 Section 3.04 Section 3.01
   107




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##### 



11.14 Governing Law; Jurisdiction; Etc
 GOVERNING LAW
 SUBMISSION TO JURISDICTION
 WAIVER OF VENUE
 SERVICE OF PROCESS SECTION 11.02
 11.15 Waiver of Right to Trial by Jury
 108




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##### 



No Advisory or Fiduciary Responsibility
 11.16 USA PATRIOT Act Notice Act
 109




---



##### 



11.17 Intercreditor Agreement.
  110




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##### 



11.18 Waiver of Appraisal Rights THE BORROWER
HEREBY WAIVES AND RELINQUISHES THE STATUTORY APPRAISAL RIGHTS WHICH MEANS THE HIGH BID AT THE
JUDICIAL FORECLOSURE SALE WILL BE APPLIED TO THE DEBT REGARDLESS OF ANY APPRAISED VALUE OF THE
PROPERTY.
  COGDELL SPENCER LP, a Delaware limited
partnershipBy:
    
    CS Business Trust I, a Maryland
Business trust, its General PartnerBy:Name: Charles M. HandyTitle: Chief Financial Officer




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##### 



BANK OF AMERICA, N.A., as Administrative
AgentBy:Name: Scott McClintockTitle: Senior Vice President




---



##### 



BANK OF AMERICA, N.A., as Swing Line
Lender, L/C Issuer and as a LenderBy:Name: Scott McClintockTitle: Senior Vice President




---



##### 



WACHOVIA BANK, NATIONAL ASSOCIATIONBy:Name: Wesley G. CarterTitle: Director




---



##### 



BRANCH BANKING AND TRUST COMPANYBy:Name: H. Wright Uzzell Jr.Title: Senior Vice President




---



##### 



CITICORP NORTH AMERICA, INC.By:Name: Ricardo JamesTitle: Vice President




---



##### 



KEYBANK NATIONAL ASSOCIATIONBy:Name: Daniel StegemoellerTitle: Sr. Banker




---



##### 



M&I MARSHALL & ILSLEY BANKBy:Name: Brian S. FisherTitle: Vice PresidentBy:Name: Jeffrey T. TicknorTitle: Senior Vice President