Document:

EX-4.7

Exhibit 4.7

ENTERTAINMENT PROPERTIES TRUST; AND

EPT 301, LLC;

(individually and collectively, the “Borrowers” or the “Borrower”)

AMENDMENT NO. 1 TO

MASTER CREDIT AGREEMENT

     THIS AMENDMENT NO. 1 TO MASTER CREDIT AGREEMENT (this “Amendment”) is made as of June
30, 2009 by and among ENTERTAINMENT PROPERTIES TRUST, a real estate investment trust duly organized
and validly existing under the laws of the State of Maryland (“EPR”) having its principal
place of business at c/o Entertainment Properties Trust, 30 Pershing Road, Suite 201, Kansas City,
MO 64108, and EPT 301, LLC, a limited liability company organized duly organized and validly
existing under the laws of the State of Missouri (“EPT 301” and individually and
collectively, jointly and severally with EPR are referred to as the “Borrowers” or the
“Borrower”, and each individually may be referred to as a “Borrower”), the Lenders,
KEYBANK NATIONAL ASSOCIATION, as Administrative Agent and Lender (“Keybank” and/or the
“Agent”), and KEYBANC CAPITAL MARKETS, as Sole Lead Arranger and Sole Book Manager, and
Morgan Stanley Bank, as Documentation Agent. Capitalized terms used herein and not otherwise
defined shall have the meanings specified in the Loan Agreement (as defined below).

R E C I T A L S 

     WHEREAS, the Borrower, the Lenders, and the Agent entered into that certain Master Credit
Agreement dated as of October 26, 2007, as the same may be amended from time to time (as so
amended, the “Loan Agreement”).

     WHEREAS, Borrower has requested and Agent and Lenders have agreed to various modifications to
the Loan Agreement, all as more particularly set forth herein.

     NOW THEREFORE, in consideration of the foregoing premises and the mutual benefits to be
derived by the Borrower and the Lenders from a continuing relationship under the Loan Agreement and
for other good and valuable consideration, the receipt and adequacy of which are hereby
acknowledged, the parties hereto agree as follows:

 

A. The Loan Agreement is hereby modified and amended as follows:

     1. Section 8.1B of the Loan Agreement is hereby amended by deleting item (b) therein
in its entirety, and inserting the below item (b) in its stead:

     “(b) Indebtedness under the Revolving Credit Agreement (as defined herein-below) and unsecured
debt (i.e., Indebtedness that is not secured by a Lien) permitted pursuant to §9.1 of that certain
Amended and Restated Master Credit Agreement dated as of June ___, 2009 by and among 30 West
Pershing, LLC, EPR, EPT DownREIT Inc., EPT Huntsville, Inc., EPT Melbourne, Inc., EPT Pensacola,
Inc., Megaplex Four, Inc. and Westcol Center, LLC, as borrowers thereunder (individually,
collectively, jointly and severally, the “Revolving Borrowers”, and each, individually, as
a “Revolving Borrower”) and Keybank, as agent and lender and the other lenders a party to
said agreement from time to time, as the same has been or may hereafter be modified or amended (the
“Revolving Credit Agreement”);”

     2. Section 8.2(vii) of the Loan Agreement is hereby deleted in its entirety and
replaced with the following in its stead:

          “(vii) Liens in favor of the agent and the lenders arising under the Revolving Credit
Agreement and the other Loan Documents referred to therein.”

     3. Section 8.13 of the Loan Agreement is hereby amended by deleting the word “and”
prior to item (iii) therein, and inserting the following provision as item “(iv)”:

          “, and (iv) pledge its stock or other equity interests to secure Indebtedness under the
Revolving Credit Agreement.

     4. Section 9.10(a) of the Loan Agreement is hereby deleted in its entirety, and
replaced with the following in its stead.

          “(a) Maximum Secured Debt Total Asset Value. Unless and until such time as all
Indebtedness under the Revolving Credit Agreement is terminated and paid off in full, the Lenders
hereby waive any covenant requirements with respect to Maximum Secured Debt to Total Asset Value.
At such time as all Indebtedness under the Revolving Credit Agreement is terminated and paid off in
full, then such Maximum Secured Debt Total Asset Value shall be calculated on a Consolidated basis
with respect to EPR, and Indebtedness of Borrower secured by a Lien to Total Asset Value shall not
exceed fifty percent (50%).

     5. Section 9.10(b) of the Loan Agreement is hereby deleted in its entirety, and
replaced with the following in its stead:

          “(b) Maximum Secured Recourse Debt to Total Asset Value. Calculated on a
Consolidated basis with respect to EPR, Indebtedness of Borrower, other than Indebtedness under the
Revolving Credit Agreement, secured by a Lien (“Secured Indebtedness”) that is recourse to
EPR (and insofar as the amount of such Indebtedness exceeds 50% of the value of the property
securing such Indebtedness), to Total Asset Value shall not exceed 15%; additionally, the amount
of each such loan made after the date of this Agreement shall not at the time of origination,
exceed 65% of the value of the property securing such loan. For purposes of calculating amounts
under this covenant, valuation of

2

 

property shall be: (i) in the case of existing properties which are Megaplex Movie Theatres
and Entertainment-Related Retail Improvements (whether subject to a Lease or an EPR Senior First
Mortgage), based upon such property’s net operating income (calculated in accordance with GAAP),
capped at 9.00%, (ii) in the case of properties that are not Megaplex Movie Theatres or
Entertainment-Related Retail Improvements (other than those under construction), based upon such
property’s net operating income (calculated in accordance with GAAP), capped at 10.00%, provided
however, that in the event the capped value is greater than the purchase price of the asset, then
such calculation shall incorporate the purchase price, instead, and (iii) in the case of properties
under construction, based upon such property’s cost.”

B. The Borrower represents and warrants to the Lenders and the Agent that said Borrower has the
full power and authority to execute, deliver and perform its obligations under, this Amendment and
the execution and delivery of this Amendment have been duly authorized by all necessary action of
the stockholders, members and directors and managers of the Borrower, as applicable.

C. The Borrower hereby (i) reaffirms that the Borrower remains indebted to Lenders without defense,
counterclaim or offset and no default or Event of Default or event of default has occurred or
exists under the Loan Documents (ii) restate, and reaffirm, all of their covenants, representations
and warranties set forth in the Loan Documents to the same extent as if fully set forth herein and
the Borrower hereby certifies that all such covenants, representations and warranties are true and
accurate as of the date hereof (except for any such representations or warranties which expressly
relate to a specified date, which representations and warranties were true and accurate as of such
specified date)

and (iii) acknowledges and warrants that the Borrower does not have any claims, actions or causes
of action whatsoever in law or in equity against Lenders or Agent, their officers, directors,
employees, agents, successors, subsidiaries, related companies or attorneys (for the purpose of
this paragraph, collectively referred to herein as the “Lenders”) or any of them, in
connection with or related to or arising from the Loan Documents, whether known or unknown, from
the beginning of the world to the date of this Agreement, and the Borrower for good and valuable
consideration hereby waives, remises, releases and discharges any and all rights with respect to
such claims, additions or causes of action, if any.

D. This Amendment may be executed in one or more counterparts, each of which when so executed and
delivered shall be deemed to be an original and all of which taken together shall constitute but
one and the same agreement. Delivery of an executed counterpart of a signature page to this
Amendment by telecopier shall be effective as delivery of a manually executed counterpart of this
Amendment.

E. Upon and after the date of this Amendment all references to the Loan Agreement, or in any
related document, shall mean the Loan Agreement as amended by this Amendment. Except as expressly
provided in this Amendment, the execution and delivery of this Amendment does not and will not
amend, modify or supplement any provision of, or constitute a consent to or a waiver of any
noncompliance with the provisions of the Loan Agreement, and, except as specifically provided in
this Amendment, the Loan Agreement shall remain in full force and effect in accordance with the
respective terms thereof.

3

 

F. This Amendment is executed as an instrument under seal and shall be governed by and construed in
accordance with the laws of the State of New York without regard to its conflicts of law rules.
All parts of the Loan Agreement not affected by this Amendment are hereby ratified and affirmed in
all respects, provided that if any provision of the Loan Agreement shall conflict
or be inconsistent with this Amendment, the terms of this Amendment shall supersede and prevail.

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

4

 

     IN WITNESS WHEREOF, each of the Borrower and the Lenders have caused this Amendment to be
executed and delivered by their respective duly authorized officers as of the date set forth in the
preamble on page one of this Amendment.

	 	 	 	 	 	 	 
	 	 	BORROWER:	 	 
	 
	 	 	 	 	 	 
	 	 	EPT 301, LLC,	 	 
	 	 	a Missouri limited liability company	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	Name:
	 	/s/ Mark A. Peterson

Mark A. Peterson
	 	 
	 

	 	Title:
	 	Vice President and Chief Financial Officer	 	 
	 
	 	 	 	 	 	 
	 	 	ENTERTAINMENT PROPERTIES TRUST	 	 
	 	 	a Maryland real estate investment trust	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	Name:
	 	/s/ Mark A. Peterson

Mark A. Peterson
	 	 
	 

	 	Title:
	 	Vice President and Chief Financial Officer	 	 

(signatures continued on following pages)

 

 

(continuation of signature pages to Amendment No. 1 to Master Credit Agreement)

	 	 	 	 	 	 	 
	 	 	KEYBANK NATIONAL ASSOCIATION	 	 
	 
	 	 	 	 	 	 
	 
	 	By:	 	/s/ Jeffry M. Morrison	 	 
	 
	 	Name:	 	Jeffry M. Morrison

	 	 
	 
	 	Title:	 	Senior Banker	 	 
	 
	 	 	 	 	 	 
	 	 	ROYAL BANK OF CANADA	 	 
	 
	 	 	 	 	 	 
	 
	 	By:	 	/s/ Dan LePage	 	 
	 
	 	Name:
	 	Dan LePage

	 	 
	 
	 	Title:	 	Authorized Signatory	 	 
	 
	 	 	 	 	 	 
	 	 	JPMORGAN CHASE BANK, N.A.	 	 
	 
	 	 	 	 	 	 
	 
	 	By:	 	/s/ Mohammad Hasan	 	 
	 
	 	Name:
	 	Mohammad Hasan

	 	 
	 
	 	Title:	 	Associate	 	 
	 
	 	 	 	 	 	 
	 	 	MORGAN STANLEY BANK	 	 
	 
	 	 	 	 	 	 
	 
	 	By:	 	/s/ Melissa James	 	 
	 
	 	Name:
	 	Melissa James

	 	 
	 
	 	Title:	 	Authorized Signatory	 	 
	 	 	UMB BANK, n.a.	 	 
	 
	 	 	 	 	 	 
	 
	 	By:	 	/s/ Robert P. Elbert	 	 
	 
	 	Name:
	 	Robert P. Elbert

	 	 
	 
	 	Title:	 	Senior Vice President	 	 
	 
	 	 	 	 	 	 
	 	 	SOVEREIGN BANK	 	 
	 
	 	 	 	 	 	 
	 
	 	By:	 	 	 	 
	 
	 	Name:
	 	 

	 	 
	 
	 	Title:	 	 	 	 

 

 

(continuation of signature pages to Amendment No. 1 to Master Credit Agreement)

	 	 	 	 	 	 	 
	 	 	BEARSTEARNS CORPORATE LENDING, INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	Name:
	 	 

	 	 
	 

	 	Title:	 	 	 	 
	 
	 	 	 	 	 	 
	 	 	BANK MIDWEST N.A.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	/s/ David L. Rambo	 	 
	 

	 	Name:
	 	David L. Rambo

	 	 
	 

	 	Title:	 	Senior Vice President

Commercial Lendingexv10w1

Exhibit 10.1

Farm Credit Services of America

TENTH AMENDMENT TO CREDIT AGREEMENT

This Tenth Amendment to Credit Agreement (“Amendment”) is made and entered into effective the
30th day of June, 2009, by and between Siouxland Ethanol, LLC (hereinafter referred to
as “Borrower”) and Farm Credit Services of America, FLCA and Farm Credit Services of America, PCA
(hereinafter referred to as “Lender”) to amend and modify the Credit Agreement dated May 4, 2006
(hereinafter referred to as the “Credit Agreement”). The Credit Agreement and underlying Loan
Documents are modified only to the extent necessary to give effect to the terms of this Amendment,
and the remaining terms of said Loan Documents, not otherwise inconsistent herewith, are ratified
by the parties. Capitalized terms used but not otherwise defined herein have the respective
meanings given to them in the Credit Agreement.

In consideration of the mutual agreements, provisions and covenants herein contained, and
furthermore to induce Lender to consider financial accommodations for the Borrower under the terms
and provisions of the Credit Agreement, the parties hereby agree as follows:

Credit Facility C is amended as follows:

Section 2.2.1 Credit Facility C (138039-RLOC). Lender agrees to advance sums to Borrower
up to the amount of $3,500,000.00 (Maximum Principal Balance) until March 1, 2010 (Final
Advancement Date). Each Advance made will reduce the funds available for future advances by the
amount of the Advance. Repayments of principal will be available for subsequent Advances. The
proceeds of said Loan will be used by Borrower for financing grain, ethanol, inventory,
receivables, grain hedging activity and letters of credit (Purpose) and Borrower agrees not to
request or use such proceeds for any other purpose.

	 	(b)	 	Principal. Borrower hereby promises to pay principal, plus all accrued
interest and any unpaid fees, costs or expenses in full on March 1, 2010.

Borrower hereby represents and warrants to the Lender that, after giving effect to this Amendment,
(i) no Default or Event of Default exists under the Credit Agreement or any of the other Loan
Documents and (ii) the representations and warranties set forth in the Credit Agreement are true
and correct in all material respects as of the date hereof (except for those which expressly relate
to an earlier date).

Borrower hereby ratifies the Credit Agreement as amended and acknowledges and reaffirms (i) that it
is bound by all terms of the Credit Agreement applicable to it and (ii) that it is responsible for
the observance and full performance of its respective obligations.

Borrower hereby certifies that the person(s) executing this Amendment on behalf of Borrower is/are
duly authorized to execute such document on behalf of Borrower and that there have been no changes
in the name, ownership, control, organizational documents, or legal status of the Borrower since
the last application, loan, or loan servicing action; that all resolutions, powers and authorities
remain in full force and effect, and that the information provided by Borrower is and remains true
and correct.

This Amendment may be executed by the parties hereto in several counterparts, each of which shall
be deemed to be an original and all of which shall constitute one and the same agreement. Delivery
of executed counterparts of this Amendment by telecopy shall be effective as an original and shall
constitute a representation that an original shall be delivered.

THIS AMENDMENT SHALL BE DEEMED TO BE A CONTRACT MADE UNDER AND GOVERNED BY THE INTERNAL LAWS OF THE
STATE OF NEBRASKA.

 

 

This Amendment shall be binding upon and inure to the benefit of the parties hereto and their
respective successors and assigns.

IN WITNESS WHEREOF, the parties hereto have set their hand effective the day and year first above
written.

The Internal Revenue Service does not require your consent to any provision of this document other
than the following certification required to avoid backup withholding. Under penalties of perjury,
I/we certify that the Taxpayer Identification Number shown herein is correct and that I/we am/are
not subject to backup withholding either because I/we are exempt, have not been notified that I/we
are subject to backup withholding due to failure or reporting interest or dividends, or the
Internal Revenue Service has notified me/us that I/we am/are no longer subject to backup
withholding. I/we am/are a U.S. person (including U.S. resident alien):

Siouxland Ethanol, LLC                         223902184

BORROWER:

	 	 	 	 	 
	Siouxland Ethanol, LLC

 	 	 
	By:  	/s/ Charles Hofland
 	 	 
	 	Charles Hofland, President 	 	 
	 	 	 	 
	 

	 	 	 
	Address for Notice:

	 	P.O. Box 147

Jackson, NE 68743

LENDER:

Farm Credit Services of America, FLCA

Farm Credit Services of America, PCA

	 	 	 	 	 
	 	 	 
	By:  	/s/ Shane Frahm
 	 	 
	 	Shane Frahm, Vice President

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