FIRST AMENDMENT TO


CREDIT AGREEMENT


 


THIS FIRST AMENDMENT
TO CREDIT AGREEMENT (this “First Amendment”) is made and entered into as of this 18th day of March, 2013
by and among ARC Properties Operating Partnership, L.P. (as successor to American
Realty Capital Operating Partnership III, L.P.), a Delaware limited partnership
(“Borrower”), TIGER ACQUISITION, LLC (as successor to American Realty Capital Trust III, Inc.), a Delaware limited
liability company (“Tiger”), AMERICAN REALTY CAPITAL PROPERTIES, INC., a Maryland corporation (“ARCP”),
the Lenders party hereto, and WELLS FARGO BANK, NATIONAL ASSOCIATION, as Administrative Agent for the benefit of the Lenders (in
such capacity, the “Administrative Agent”), as Issuing Bank and as Swingline Lender.


 


W I T N E
S S E T H:


 


WHEREAS, Borrower,
Tiger, ARCP, the Administrative Agent and the Lenders are parties to a certain Credit Agreement dated as of February 14, 2013 (together
with any modifications and amendments, collectively, the “Credit Agreement”);


 


WHEREAS, Borrower has
requested that the Administrative Agent and the Lenders amend certain terms and conditions of the Credit Agreement as described
herein; and


 


WHEREAS, the Administrative
Agent and the Lenders have agreed to so amend certain terms and conditions of the Credit Agreement, all on the terms and conditions
set forth below in this First Amendment.


 


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


 


		1.	Definitions. All capitalized undefined terms used in this First Amendment shall have the
meanings ascribed thereto in the Credit Agreement, as amended hereby.



 


		2.	Amendments to Credit Agreement. As of the date hereof, the Credit Agreement is amended as
follows:



 


		a.	Section 1.01 of the Credit Agreement is hereby amended by inserting in appropriate alphabetical order the following
new definition:



 


“First Amendment Effective
Date” means March 18, 2013.


 


		b.	Section 2.15 of the Credit Agreement is hereby amended by deleting the reference to “$125,000,000” contained
therein and replacing it with “$1,500,000,000 from and after the First Amendment Effective Date” thereof.



 


		3.	Conditions to Effectiveness.This First Amendment
shall not be effective until the Administrative Agent shall have received counterparts of this First Amendment duly executed and
delivered by the Borrower and the other Loan Parties, the Administrative Agent, the Issuing Bank, the Swingline Lender and the
Required Lenders.



 






    	 



    	 



    

 


		4.	Representations and Warranties. The representations and warranties of Borrower and each
other Loan Party, contained in Article VI of the Credit Agreement or any other Loan Document are true and correct in all
material respects (except to the extent that any such representation and warranty is qualified as to “materiality,”
“Material Adverse Effect” or similar language, in which case it shall be true and correct in all respects (after giving
effect to any such qualification)) on and as of the date hereof; provided, if any such representations and warranties specifically
refer to an earlier date, they shall be true and correct in all material respects (except to the extent that any such representation
and warranty is qualified as to “materiality,” “Material Adverse Effect” or similar language, in which
case it shall be true and correct in all respects (after giving effect to any such qualification)) as of such earlier date.



 


		5.	Limited Amendment; Ratification of Loan Documents. Except as specifically amended hereby,
the terms and conditions of the Credit Agreement and the other Loan Documents shall remain in full force and effect, and are hereby
ratified and affirmed in all respects. This First Amendment shall not be deemed a waiver of, or consent to, or a modification or
amendment of, any other term or condition of the Credit Agreement or any other Loan Document, except as expressly set forth herein.



 


		6.	Governing Law. This First Amendment shall be governed by and construed in accordance with
the laws of the State of New York.



 


		7.	Miscellaneous. This First Amendment may be executed in any number of counterparts, which
shall together constitute an entire original agreement, and shall be binding upon and inure to the benefit of the parties hereto
and their respective successors and assigns. This First Amendment expresses the entire understanding of the parties with respect
to the transactions contemplated hereby. No prior negotiations or discussions shall limit, modify, or otherwise affect the provisions
hereof. Any determination that any provision of this First Amendment or any application hereof is invalid, illegal or unenforceable
in any respect and in any instance shall not affect the validity, legality, or enforceability of such provision in any other instance,
or the validity, legality, or enforceability of any other provisions of this First Amendment. The Loan Parties represent and warrant
that they have consulted with independent legal counsel of their selection in connection herewith and are not relying on any representations
or warranties of the Administrative Agent or the Lenders or their counsel in entering into this First Amendment.



 


[remainder of
page left intentionally blank]


 






    	-2-



    	 



    

 


IN WITNESS WHEREOF,
the parties hereto have caused this First Amendment to be duly executed as of the day and year first above written.


 


	 	ARC Properties Operating Partnership, L.P.,
	 	a Delaware limited partnership
	 	 
	 	By: 	/s/ Jesse C. Galloway
	 	 	Name:Jesse C. Galloway
	 	 	Title: Authorized Signatory


 


	 	AMERICAN REALTY CAPITAL PROPERTIES, INC.,
	 	a Maryland corporation
	 	 
	 	By: 	/s/ Jesse C. Galloway
	 	 	Name:Jesse C. Galloway
	 	 	Title: Authorized Signatory


 


	 	TIGER ACQUISITION, LLC,
	 	a Delaware limited liability company
	 	 
	 	By: 	/s/ Jesse C. Galloway
	 	 	Name:Jesse C. Galloway
	 	 	Title: Authorized Signatory


 


 


 



    	Signature Page to 
First Amendment to Credit Agreement



    	 



    




 


 


 


	 	WELLS FARGO BANK, NATIONAL ASSOCIATION,
	 	as Administrative Agent, SwingLine Lender, Issuing Bank and as a Lender
	 	 
	 	By: 	/s/ Matthew Ricketts
	 	 	Name: Matthew Ricketts
	 	 	Title: Managing Director


 


 



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	 	RBS Citizens N.A.,
	 	as a Lender
	 	 
	 	By: 	/s/ Donald Woods
	 	 	Name: Donald Woods
	 	 	Title: Senior Vice President


 






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First Amendment to Credit Agreement



    	 



    

 


 


	 	Bank of America, N.A.
	 	as a Lender
	 	 
	 	By: 	/s/ Michael W. Edwards
	 	 	Name: Michael W. Edwards
	 	 	Title: Senior Vice President



 






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	 	U.S. Bank National Association
	 	as a Lender
	 	 
	 	By: 	/s/ Gordon J. Clough
	 	 	Name: Gordon J. Clough
	 	 	Title: Vice President


 


 






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	 	Capital One, National Association,
	 	as a Lender
	 	 
	 	By: 	/s/ Frederick H. Denecke
	 	 	Name: Frederick H. Denecke
	 	 	Title: Vice President


 






    	Signature Page to 
First Amendment to Credit Agreement



    	 



    

 


 


	 	Union Bank, N.A.,
	 	as a Lender
	 	 
	 	By: 	/s/ Gregory A. Conner
	 	 	Name: Gregory A. Conner
	 	 	Title: Assistant Vice President


 






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First Amendment to Credit Agreement



    	 



    

 


 


	 	Comerica Bank,
	 	as a Lender
	 	 
	 	By: 	/s/ Charles Weddell
	 	 	Name: Charles Weddell
	 	 	Title: Vice President


 


 






    	Signature Page to 
First Amendment to Credit Agreement



    	 



    

 


	 	Regions Bank,
	 	as a Lender
	 	 
	 	By: 	/s/ Michael R. Mellott
	 	 	Name: Michael R. Mellott
	 	 	Title: Director


 






    	Signature Page to 
First Amendment to Credit Agreement



    	 



    

 


 


Each of the undersigned,
as Guarantor under that certain Amended and Restated Parent Guaranty Agreement dated as of February 28, 2013, hereby consents to
the foregoing First Amendment to Credit Agreement and acknowledges and agrees that the Amended and Restated Parent Guaranty Agreement
executed by the undersigned dated as of February 28, 2013 remains in full force and effect.


 


 


	 	AMERICAN REALTY CAPITAL PROPERTIES, INC.,
	 	a Maryland corporation
	 	 
	 	By: 	/s/ Jesse C. Galloway
	 	 	Name: Jesse C. Galloway
	 	 	Title: Authorized Signatory


 


	 	TIGER ACQUISITION, LLC,
	 	a Delaware limited liability company
	 	 
	 	By: 	/s/ Jesse C. Galloway
	 	 	Name: Jesse C. Galloway
	 	 	Title: Authorized Signatory


 






    	Signature Page to 
First Amendment to Credit Agreement



    	 



    

 


Each of the undersigned,
as Guarantor under that certain Subsidiary Guaranty Agreement dated as of February 14, 2013 (as amended and in effect from time
to time) hereby consents to the foregoing First Amendment to Credit Agreement and acknowledges and agrees that the Subsidiary Guaranty
Agreement and each Pledge Agreement executed by the undersigned remains in full force and effect.


 






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ARC AACFDSC001, LLC


 


ARC AACLRAL001, LLC


 


ARC AACPNSC001, LLC


 


ARC AAFLNOH001, LLC


 


ARC AAGFSNC001, LLC


 


ARC AAHUSTX003, LLC


 


ARC AAINZKY001, LLC


 


ARC AALWDNJ001, LLC


 


ARC AAOKCOK001, LLC


 


ARC AAPSDTX001, LLC


 


ARC AASMSWV001, LLC


 


ARC AASWRTN001, LLC


 


ARC AATVLPA001, LLC


 


ARC AAWBYNJ001, LLC


 


ARC ACLSHIL001, LLC


 


ARC ASFVLAR001, LLC


 


ARC BBSTNCA001, LLC


 


ARC BJBNENC001, LLC


 


ARC BJBSCNC001, LLC


 


ARC BJCPNSC001, LLC


 


ARC BJCTNSC001, LLC


 


ARC BJDBNNC001, LLC


 


ARC BJITLNC001, LLC


 


ARC BJMGNNC001, LLC


 


ARC BJMKCSC001, LLC


 


ARC BJRRDNC001, LLC


 


ARC BJSPTNC001, LLC


 


ARC BJWDRGA001, LLC


 


ARC BJWTBSC001, LLC


 


ARC BOLLSNM001, LLC, each a Delaware limited liability
company


 


 


	 	By: 	/s/ Jesse C. Galloway
	 	 	Name: Jesse C. Galloway
	 	 	Title: Authorized Signatory


 






    	Signature Page to 
First Amendment to Credit Agreement



    	 



    

 


ARC CBALPPA001, LLC


 


ARC CBALYPA001, LLC


 


ARC CBATAPA001, LLC


 


ARC CBBMNGA001, LLC


 


ARC CBBRFPA001, LLC


 


ARC CBBSNGA001, LLC


 


ARC CBCTRCT001, LLC


 


ARC CBCVNRI001, LLC


 


ARC CBDLBPA001, LLC


 


ARC CBDLSPA001, LLC


 


ARC CBDRRCT001, LLC


 


ARC CBDXHPA001, LLC


 


ARC CBELMCT001, LLC


 


ARC CBEPRVA001, LLC


 


ARC CBEREPA001, LLC


 


ARC CBFLNOH001, LLC


 


ARC CBHMNCT001, LLC


 


ARC CBHSTPA001, LLC


 


ARC CBHTNPA001, LLC


 


ARC CBJTNRI001, LLC


 


ARC CBKNENH001, LLC


 


ARC CBKSNPA001, LLC


 


ARC CBLBLPA001, LLC


 


ARC CBLCRPA002, LLC


 


ARC CBLDLMA001, LLC


 


ARC CBLTBPA001, LLC, each a Delaware limited liability
company


 


	 	By: 	/s/ Jesse C. Galloway
	 	 	Name: Jesse C. Galloway
	 	 	Title: Authorized Signatory


 


 






    	Signature Page to 
First Amendment to Credit Agreement



    	 



    

 


ARC CBMBGPA001, LLC


 


ARC CBMBNNC001, LLC


 


ARC CBMBYVT001, LLC


 


ARC CBMCRNH001, LLC


 


ARC CBMCRNH002, LLC


 


ARC CBMCRPA001, LLC


 


ARC CBMDFMA001, LLC


 


ARC CBMDNMA001, LLC


 


ARC CBMDNMA002, LLC


 


ARC CBMFDPA001, LLC


 


ARC CBMRSPA001, LLC


 


ARC CBMTLPA001, LLC


 


ARC CBMTPPA001, LLC


 


ARC CBMVLCT001, LLC


 


ARC CBNBDMA001, LLC


 


ARC CBNPRRI001, LLC


 


ARC CBOMTPA001, LLC


 


ARC CBPBGPA001, LLC


 


ARC CBPBGPA002, LLC


 


ARC CBPBGPA006, LLC


 


ARC CBPBGPA007, LLC


 


ARC CBPBGPA009, LLC


 


ARC CBPBGPA011, LLC


 


ARC CBPDAPA003, LLC


 


ARC CBPMAOH002, LLC, each a Delaware limited liability
company


 





 


	 	By: 	/s/ Jesse C. Galloway
	 	 	Name: Jesse C. Galloway
	 	 	Title: Authorized Signatory


 



    	Signature Page to 
First Amendment to Credit Agreement



    	 



    




 


ARC CBRNDMA001, LLC


 


ARC CBSDSMA001, LLC


 


ARC CBSLMNH001, LLC


 


ARC CBSRLOH001, LLC


 


ARC CBSTNCT001, LLC


 


ARC CBSTNCT002, LLC


 


ARC CBSVLMA001, LLC


 


ARC CBTCKPA001, LLC


 


ARC CBTMPPA001, LLC


 


ARC CBTRNPA001, LLC


 


ARC CBUDYPA001, LLC


 


ARC CBWBNMA001, LLC


 


ARC CBWHNPA001, LLC


 


ARC CBWKFRI001, LLC


 


ARC CBWRNRI001, LLC


 


ARC CBWSKVA001, LLC


 


ARC CBWTNMA001, LLC


 


ARC CBWTPMA001, LLC


 


ARC CKAKNOH001, LLC


 


ARC CKMTZGA001, LLC


 


ARC CKPNXAZ002, LLC


 


ARC CVFKNIN001, LLC


 


ARC CVFLDPA001, LLC


 


ARC CVLVGNV001, LLC


 


ARC CVMCBPA001, LLC


 


ARC CVRTRNY001, LLC, each a Delaware limited liability
company


 


 


	 	By: 	/s/ Jesse C. Galloway
	 	 	Name: Jesse C. Galloway
	 	 	Title: Authorized Signatory



 






    	Signature Page to 
First Amendment to Credit Agreement



    	 



    

 


ARC DDAPKMI001, LLC


 


ARC DDBVLTX001, LLC


 


ARC DGABNKS001, LLC


 


ARC DGAUSTX001, LLC


 


ARC DGBGRMI001, LLC


 


ARC DGBHMAL001, LLC


 


ARC DGBLSTX001, LLC


 


ARC DGBMNAR001, LLC


 


ARC DGBTNMO001, LLC


 


ARC DGBVLVA001, LLC


 


ARC DGBYNTX001, LLC


 


ARC DGBYNTX002, LLC


 


ARC DGBYNTX003, LLC


 


ARC DGCCLAL001, LLC


 


ARC DGCDWMO001, LLC


 


ARC DGCFLKS001, LLC


 


ARC DGCLROK001, LLC


 


ARC DGCPCTX002, LLC


 


ARC DGCRTIA001, LLC


 


ARC DGCTGIL001, LLC


 


ARC DGCVSLA001, LLC


 


ARC DGCVTMI001, LLC


 


ARC DGCYLTX001, LLC


 


ARC DGDKNTX001, LLC


 


ARC DGDNATX001, LLC


 


ARC DGDNATX002, LLC


 


ARC DGDYLLA001, LLC


 


ARC DGDYLTN001, LLC, each a Delaware limited liability
company


 


	 	By: 	/s/ Jesse C. Galloway
	 	 	Name: Jesse C. Galloway
	 	 	Title: Authorized Signatory


 


 



    	Signature Page to 
First Amendment to Credit Agreement



    	 



    




 


 


ARC DGEBGTX001, LLC


 


ARC DGEDFTX001, LLC


 


ARC DGEDNMO001, LLC


 


ARC DGEJNMI001, LLC


 


ARC DGEREKS001, LLC


 


ARC DGERVIA001, LLC


 


ARC DGFLTMI002, LLC


 


ARC DGFMTNM001, LLC


 


ARC DGGDLAL001, LLC


 


ARC DGGNCKS001, LLC


 


ARC DGGWRMO001, LLC


 


ARC DGGWRTX001, LLC


 


ARC DGGYDMI001, LLC


 


ARC DGHBTKS001, LLC


 


ARC DGHHNOK001, LLC


 


ARC DGHKPMO001, LLC


 


ARC DGHKYMS001, LLC


 


ARC DGHKYNC001, LLC


 


ARC DGHPRKS001, LLC


 


ARC DGIRRMI001, LLC


 


ARC DGJKNMS001, LLC


 


ARC DGJKVIL001, LLC


 


ARC DGJNSMO001, LLC


 


ARC DGJVLLA001, LLC


 


ARC DGKMNKS001, LLC


 


ARC DGKSCMO001, LLC


 


ARC DGKYLTX001, LLC, each a Delaware limited liability
company


 


	 	By: 	/s/ Jesse C. Galloway
	 	 	Name: Jesse C. Galloway
	 	 	Title: Authorized Signatory


 


 



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ARC DGLBKTX001, LLC


 


ARC DGLBNMO001, LLC


 


ARC DGLBNMO002, LLC


 


ARC DGLDVOH001, LLC


 


ARC DGLMQTX001, LLC


 


ARC DGLRDTX001, LLC


 


ARC DGLVLOH001, LLC


 


ARC DGLXNIL001, LLC


 


ARC DGLXNOK001, LLC


 


ARC DGMADOK001, LLC


 


ARC DGMBHMO001, LLC


 


ARC DGMCRTN001, LLC


 


ARC DGMDLMI001, LLC


 


ARC DGMDNMS001, LLC


 


ARC DGMDNMS002, LLC


 


ARC DGMLGKS001, LLC


 


ARC DGMLNAL001, LLC


 


ARC DGMLRMN001, LLC


 


ARC DGMNDAR001, LLC


 


ARC DGMNPKS001, LLC


 


ARC DGMPRTX001, LLC


 


ARC DGMPTTX001, LLC


 


ARC DGMRHMO001, LLC


 


ARC DGMRNIL001, LLC


 


ARC DGMRVMO001, LLC


 


ARC DGMTGMN001, LLC


 


ARC DGMTMIL001, LLC


 


ARC DGMVLOK001, LLC


 


ARC DGMVLTN001, LLC, each a Delaware limited liability
company


 


 


	 	By: 	/s/ Jesse C. Galloway
	 	 	Name: Jesse C. Galloway
	 	 	Title: Authorized Signatory


 


 



    	Signature Page to 
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ARC DGNBFTX001, LLC


 


ARC DGNCLOH001, LLC


 


ARC DGNCYKY001, LLC


 


ARC DGNGEMI001, LLC


 


ARC DGNIRLA001, LLC


 


ARC DGNSAIA001, LLC


 


ARC DGOZKMO001, LLC


 


ARC DGPBGMO001, LLC


 


ARC DGPFCMO001, LLC


 


ARC DGPMNKS001, LLC


 


ARC DGPTNLA001, LLC


 


ARC DGRBVMO001, LLC


 


ARC DGRCYMN001, LLC


 


ARC DGRMTMO001, LLC


 


ARC DGRSCMI001, LLC


 


ARC DGRSSOK001, LLC


 


ARC DGSCSKS001, LLC


 


ARC DGSDLMO001, LLC


 


ARC DGSDNKS001, LLC


 


ARC DGSFLMO001, LLC


 


ARC DGSGRMS001, LLC


 


ARC DGSKNMO001, LLC


 


ARC DGSLBTX001, LLC


 


ARC DGSNTTX001, LLC


 


ARC DGSPGMN001, LLC


 


ARC DGSRGLA001, LLC


 


ARC DGSRTLA001, LLC


 


ARC DGSTLMO001, LLC


 


ARC DGSTLMO002, LLC


 


ARC DGSWLMS001, LLC, each a Delaware limited liability
company


 


	 	By: 	/s/ Jesse C. Galloway
	 	 	Name: Jesse C. Galloway
	 	 	Title: Authorized Signatory


 


 



    	Signature Page to 
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ARC DGTLRTX001, LLC


 


ARC DGTRYTX001, LLC


 


ARC DGTYNNC001, LLC


 


ARC DGWCOTX001, LLC


 


ARC DGWLCTX001, LLC


 


ARC DGWSTAR001, LLC


 


ARC DGZCYLA001, LLC


 


ARC FDARCID001, LLC


 


ARC FDAVGTX001, LLC


 


ARC FDCHOTX001, LLC


 


ARC FDCLVOH001, LLC


 


ARC FDCMTLA001, LLC


 


ARC FDCWLTX001, LLC


 


ARC FDDVLMS001, LLC


 


ARC FDELKTX001, LLC


 


ARC FDGPTMS001, LLC


 


ARC FDGPTMS002, LLC


 


ARC FDKLNMS001, LLC


 


ARC FDMTRNM001, LLC


 


ARC FDOKTTX001, LLC


 


ARC FDOLNMS001, LLC


 


ARC FDSSGNV001, LLC


 


ARC FDSTLMO001, LLC


 


ARC FDSTLMO003, LLC


 


ARC FDSTLMO004, LLC


 


ARC FDTFWLA001, LLC, each a Delaware limited liability
company


 


 


	 	By: 	/s/ Jesse C. Galloway
	 	 	Name: Jesse C. Galloway
	 	 	Title: Authorized Signatory


 


 



    	Signature Page to 
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ARC FDWNNMS001, LLC


 


ARC FEBYNTX001, LLC


 


ARC FEHBTTN001, LLC


 


ARC FEHZDKY001, LLC


 


ARC FEOMKWA001, LLC


 


ARC FERVLMN001, LLC


 


ARC FEYMAAZ001, LLC


 


ARC FMARAIL001, LLC


 


ARC FMCARMI001, LLC


 


ARC FMCGOIL001, LLC


 


ARC FMJSNMI001, LLC


 


ARC FMKMLOH001, LLC


 


ARC FMPRUIN001, LLC


 


ARC FMWGNIL001, LLC


 


ARC GEAUBAL001, LLC


 


ARC GMFTWIN001, LLC


 


ARC GSFTWTX001, LLC


 


ARC GSSPRAZ001, LLC


 


ARC GSSPRMO001, LLC


 


ARC HBRHLNC001, LLC


 


ARC KGBTVAR001, LLC


 


ARC KGCYNWY001, LLC


 


ARC KGFTNCO001, LLC


 


ARC KGLWLAR001, LLC


 


ARC KGMCTIA001, LLC


 


ARC KGMMTCO001, LLC


 


ARC KGOTMIA001, LLC


 


ARC KGPGDAR001, LLC


 


ARC KGRGSAR001, LLC


 


ARC KGSWDAR001, LLC


 


ARC KGTGAND001, LLC, each a Delaware limited liability
company


 


 


	 	By: 	/s/ Jesse C. Galloway
	 	 	Name: Jesse C. Galloway
	 

                                     
	 	Title: Authorized Signatory


 


 






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ARC KLABYGA001, LLC


 


ARC KLATLGA001, LLC


 


ARC KLATLGA002, LLC


 


ARC KLAUGGA001, LLC


 


ARC KLCBSGA001, LLC


 


ARC KLCTNTN001, LLC


 


ARC KLEPTGA001, LLC


 


ARC KLGFPMS001, LLC


 


ARC KLJACFL001, LLC


 


ARC KLJAKMS001, LLC


 


ARC KLJAKMS002, LLC


 


ARC KLKNXTN001, LLC


 


ARC KLMCNGA001, LLC


 


ARC KLMDGGA001, LLC


 


ARC KLMGYAL001, LLC


 


ARC KLORLFL001, LLC


 


ARC KLORLFL002, LLC


 


ARC KLPHCAL001, LLC


 


ARC KLPLCFL001, LLC


 


ARC KLPRLMS001, LLC


 


ARC KLSAGFL001, LLC


 


ARC KLSNVGA001, LLC


 


ARC KLTCLAL001, LLC


 


ARC MFCBSIN001, LLC


 


ARC MFFNCSC001, LLC


 


ARC MFNDLTX001, LLC


 


ARC MFRLHNC001, LLC


 


ARC MFWSNNC001, LLC


 


ARC NTMRWGA001, LLC


 


ARC NTSTLMO001, LLC, each a Delaware limited liability
company


 


 


	 	By: 	/s/ Jesse C. Galloway
	 	 	Name: Jesse C. Galloway
	 	 	Title: Authorized Signatory


 






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ARC ORLMIWY001, LLC


 


ARC ORONAAL001, LLC


 


ARC PRRCRNY001, LLC


 


ARC PSCLSNC001, LLC


 


ARC PSCLTNC001, LLC


 


ARC PSCLTNC002, LLC


 


ARC PSCLTNC003, LLC


 


ARC PSCLTNC004, LLC


 


ARC PSCNRNC001, LLC


 


ARC PSFMLSC001, LLC


 


ARC PSLTNNC001, LLC


 


ARC PSMGYAL001, LLC


 


ARC PSMTSNC001, LLC


 


ARC PSTVLNC001, LLC


 


ARC RAHTNWV001, LLC


 


ARC RAJFVIN001, LLC


 


ARC RALMAOH001, LLC


 


ARC RALNGKY001, LLC


 


ARC RALVLOH001, LLC


 


ARC RALXNKY001, LLC


 


ARC RAMAROH001, LLC


 


ARC RAPRSKY001, LLC


 


ARC RASFDKY001, LLC


 


ARC RASVLKY001, LLC


 


ARC RMWFDKS002, LLC


 


ARC SEGCTVA001, LLC


 


ARC SEHPNVA001, LLC


 


ARC SEHPNVA002, LLC


 


ARC SESSAFL001, LLC


 


ARC SSPMTMA001, LLC, each a Delaware limited liability
company


 


 


	 	By: 	/s/ Jesse C. Galloway
	 	 	Name: Jesse C. Galloway
	 	 	Title: Authorized Signatory


 






    	Signature Page to 
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ARC STORROH001, LLC


 


ARC STORROH002, LLC


 


ARC STORROH003, LLC


 


ARC TRSEAWA001, LLC


 


ARC TSGRYLA001, LLC


 


ARC TSNGNMI001, LLC


 


ARC TSPYMNH001, LLC


 


ARC WGANDIN001, LLC


 


ARC WGCDVTN001, LLC


 


ARC WGCLBMS001, LLC


 


ARC WGCTPMI001, LLC


 


ARC WGESYSC001, LLC


 


ARC WGETNOH001, LLC


 


ARC WGGVLSC001, LLC


 


ARC WGLNPMI001, LLC


 


ARC WGLVSNV001, LLC


 


ARC WGMEMTN001, LLC


 


ARC WGNCNSC001, LLC


 


ARC WMDVLVA001, LLC


 


ARC3 DGBKLMO01, LLC


 


ARC3 DGADYTX01, LLC


 


ARC3 DGNCZMS001, LLC


 


ARC3 DGNHNMO01, LLC


 


ARC3 FDHLKMS01, LLC


 


ARC3 FEEWCWA001, LLC


 


ARC3 FEKKMIN01, LLC


 


ARC3 FEPBGWV001, LLC


 


ARC3 FEQNCIL01, LLC


 


ARC3 WGSTNNY001, LLC, each a Delaware limited liability
company


 


 


	 	By: 	/s/ Jesse C. Galloway
	 	 	Name: Jesse C. Galloway
	 	 	Title: Authorized Signatory


 


 



    	Signature Page to 
First Amendment to Credit Agreement



    	 



    




 


ARC AAABYGA001, LLC


 


ARC AABDNKY001, LLC


 


ARC AABNBKY001, LLC


 


ARC AACROGA001, LLC


 


ARC AADTNAL001, LLC


 


ARC AAEPSAL001, LLC


 


ARCP AAFNTMI001, LLC


 


ARC AAHNBKY001, LLC


 


ARC AAHZHGA001, LLC


 


ARC AAHVLGA001, LLC


 


ARC AALFDKY001, LLC


 


ARC AAPRYGA001, LLC


 


ARC AASPDOH001, LLC


 


ARC AATVLGA001, LLC


 


ARCP AAYLNMI001, LLC


 


ARC AAATNTX001, LLC


 


CRE JV Mixed Five OH 6 Branch Holdings LLC


 


CRE JV Mixed Five IL 5 Branch Holdings LLC


 


CRE JV Mixed Five OH 5 Branch Holdings LLC


 


CRE JV Mixed Five OH 4 Branch Holdings LLC


 


CRE JV Mixed Five IL 3 Branch Holdings LLC


 


CRE JV Mixed Five OH 2 Branch Holdings LLC


 


CRE JV Mixed Five MI 1 Branch Holdings LLC


 


CRE JV Mixed Five MI 4 Branch Holdings LLC


 


CRE JV Mixed Five MI 6 Branch Holdings LLC


 


CRE JV Mixed Five MI 7 Branch Holdings LLC


 


CRE JV Mixed Five MI 5 Branch Holdings LLC


 


CRE JV Mixed Five OH 3 Branch Holdings LLC


 


CRE JV Mixed Five MI 3 Branch Holdings LLC


 


CRE JV Mixed Five OH 7 Branch Holdings LLC


 


CRE JV Mixed Five OH 1 Branch Holdings LLC,
each a Delaware limited liability company


 


 


 


	 	By: 	/s/ Jesse C. Galloway
	 	 	Name: Jesse C. Galloway
	 	 	Title: Authorized Signatory


 



    	Signature Page to 
First Amendment to Credit Agreement



    	 



    




 


CRE JV Mixed Five NH Branch Holdings LLC


 


CRE JV Mixed Five VT Branch Holdings LLC


 


CRE JV Mixed Five MI 2 Branch Holdings LLC


 


CRE JV Mixed Five IL 2 Branch Holdings LLC


 


ARC CVVDAGA001, LLC


 


ARC CVNVLTN001, LLC


 


ARCP DGAPCMO001, LLC


 


ARCP DGAFTAR01, LLC


 


ARCP DGASGMO001, LLC


 


ARCP DGASDMO001, LLC


 


ARCP DGBLVAR001, LLC


 


ARCP DGBRNMO001, LLC


 


ARCP DGBLFMO001, LLC


 


ARCP DGCNYKS01, LLC


 


ARCP DGCRLAR001, LLC


 


ARCP DGCTNMO001, LLC


 


ARCP DGCVRMO01, LLC


 


ARCP DGCMROK001, LLC


 


ARCP DGCCDMO01, LLC


 


ARCP DGDMDMO001, LLC


 


ARCP DGFPNAR01, LLC


 


ARCP DGGRFAR001, LLC


 


ARCP DGGFDMO01, LLC


 


ARCP DGHVLMO01, LLC


 


ARCP DGJNBIL001, LLC


 


ARCP DGLSNMO001, LLC


 


ARCP DGNWTOK01, LLC


 


ARCP DGOGVMO01, LLC


 


ARCP DGPMRMO001, LLC, each
a Delaware limited liability company


 


 


 


	 	By: 	/s/ Jesse C. Galloway
	 	 	Name: Jesse C. Galloway
	 	 	Title: Authorized Signatory


 


 



    	Signature Page to 
First Amendment to Credit Agreement



    	 



    

 





ARCP DGPCYFL01, LLC


 


ARCP DGSNTMO01, LLC


 


ARCP DGSJSMO01, LLC


 


ARCP DGWSGMO01, LLC


 


ARCP DGWNAMO01, LLC


 


ARC FDBKNIN001, LLC


 


ARC FDCMONM001, LLC


 


ARC FDDRTMI002, LLC


 


ARC FDLNXGA001, LLC


 


ARC FECCOCA001, LLC


 


ARC FECCTOH001, LLC


 


ARC FEEVLIN001, LLC


 


ARC FEKKEIL001, LLC


 


ARC FELDNKY002, LLC


 


ARC FEMTPPA001, LLC


 


ARC FEMTVIL001, LLC


 


ARC FMBSRLA001, LLC


 


ARC FMWSWNC001, LLC


 


ARC GSGLOVA001, LLC


 


ARC GSMOBAL001, LLC


 


ARCP GSPLTNY01, LLC


 


ARCP GSWARPA001, LLC


 


ARCP GSFRENY001, LLC


 


ARC IMCLBOH001, LLC


 


ARCP JDDPTIA01, LLC


 


ARCP MBDLSTX01, ,LLC


 


ARC PFCNLGA001, LLC


 


ARC SBTPAFL001, LLC


 


 


	 	By: 	/s/ Jesse C. Galloway
	 	 	Name: Jesse C. Galloway
	 	 	Title: Authorized Signatory


 






    	[Signature Page to First Amendment]



    	 



    

 


 


ARCP TSRGCTX01, LLC


 


ARC WGCGOIL002, LLC, each
a Delaware limited liability company


 


ARC WGCGOIL001, LLC


 


ARCP WGEPTMI001, LLC


 


ARCP WGMRBSC001, LLC


 


ARC WGTRYMI001, LLC


 


ARC WGWRNMI001, LLC


 


ARC WGTLQOK001, LLC


 


ARC DGDNATX003, LLC


 


ARC DGOTWIA001, LLC


 


ARC3 DGLKCLA001, LLC


 


ARC3 DGWMRLA001, LLC


 


ARC3 GSSTUFL001, LLC


 


ARC DGVRGMN001, LLC


 


ARC AMAHBCA001, LLC


 


ARC WGACWGA002, LLC


 


ARC FDHBGMS001, LLC


 


ARC DGOLVMN001, LLC


 


ARC DGVCTTX001, LLC


 


ARC ACAWBWI001, LLC


 


ARC CVSPGPA001, LLC


 


ARCP DGSNCMO01, LLC


 


ARC ASDTNGA001, LLC


 


ARC KFCPTCA001, LLC


 


ARC BWNCNOH001, LLC


 


ARC MFBSEID001, LLC


 


ARC CBLWSDE001, LLC


 


ARC CBSFDMA001, LLC


 


ARC DGCRVMO001, LLC


 


ARC INCOME PROPERTIES, LLC,
each a Delaware limited liability company


 


 





	 	By: 	/s/ Jesse C. Galloway
	 	 	Name: Jesse C. Galloway
	 	 	Title: Authorized Signatory


 


 



    	[Signature Page to First Amendment]