Document:

SIXTH AMENDMENT
TO DEBTOR-IN-POSSESSION
CREDIT AGREEMENT 

        This
SIXTH AMENDMENT TO DEBTOR-IN-POSSESSION CREDIT AGREEMENT (this
“Amendment”) is dated as of March 28, 2005 and entered into by and among
INTERMET CORPORATION, a Georgia corporation (“Company”),
THE SUBSIDIARIES OF COMPANY LISTED ON THE SIGNATURE PAGES HEREOF AS
BORROWERS (collectively, Company and such Subsidiaries of Company are
“Borrowers” and each a “Borrower”), THE BANK OF NOVA
SCOTIA, as Administrative Agent for the Lenders (“Administrative
Agent”) and as a Lead Lender, DEUTSCHE BANK TRUST COMPANY AMERICAS, as
Collateral Agent and Co-Agent for the Lenders (“Collateral Agent”) and as
a Lead Lender, and the undersigned Lenders, and is made with reference to that certain
Debtor-In-Possession Revolving Credit Agreement dated as of October 22, 2004 (as amended,
supplemented or otherwise modified to the date hereof, the “Credit
Agreement”), by and among Borrowers, the Lenders, Administrative Agent and
Collateral Agent. Capitalized terms used herein without definition shall have the same
meanings herein as set forth in the Credit Agreement. 

RECITALS 

        WHEREAS,
Borrowers and the undersigned Lenders desire to amend the Credit Agreement on the
terms and conditions set forth below; 

        NOW,
THEREFORE, in consideration of the premises and agreements, provisions and covenants
herein contained, the parties hereto agree as follows: 

	SECTION 1.  	AMENDMENTS
TO THE CREDIT AGREEMENT  

	 	  1.1  	Amendments
to Subsection 1.1.  

                             Subsection
1.1 of the Credit Agreement is hereby amended by inserting the following definitions in
appropriate alphabetical order: 

	 	        “CMD
Agreements” means the letter agreement and related indemnification letter
between Conway MacKenzie & Dunleavy and Borrowers, in the form delivered to Agents
pursuant to Section 3.3 of the Sixth Amendment.  

	 	        “PBGC
Foreign Subsidiary Liens” means Liens asserted by the PBGC prior to the Sixth
Amendment Effective Date against certain Foreign Subsidiaries and evidenced by the
financing statements filed by the PBGC prior to such date in the District of Columbia.  

	 	        “Racine
Plant Sales” means, collectively, (i) the sale of certain equipment of the
Company’s Racine Machining plant, located in Racine, Wisconsin, to International
Truck & Engine Corporation for cash consideration in an aggregate amount not less
than $764,000, as approved by the Bankruptcy Court pursuant to the order delivered to
Agents pursuant to Section 3.3 of the Sixth Amendment, (ii) the sale of certain
equipment located at such Racine Machining plant to Amcan Consolidated Technologies
Corporation for cash consideration in an aggregate amount not less than $170,000, as
approved by the Bankruptcy Court pursuant to the order delivered to Agents pursuant to
Section 3.3 of the Sixth Amendment, (iii) the sale of certain equipment located
at such Racine Machining plant to ICG Casting, Inc. for cash consideration in an
aggregate amount not less than $75,000, as approved by the Bankruptcy Court pursuant to
the order delivered to Agents pursuant to Section 3.3 of the Sixth Amendment, (iv) the
sale of certain equipment located at such Racine Machining plant to Ford Motor Company,
or its designee, for cash consideration in an aggregate amount not less than $749,000, as
approved by the Bankruptcy Court pursuant to an order in form and substance reasonably
satisfactory to Agents, and (v) all sales (to Persons other than Borrowers and their
Affiliates) of other assets of Borrowers located at such Racine Machining plant and not
sold in the sales described in clauses (i) through (iv) of this definition, so long
as the consideration received by Borrowers in each such sale of other assets is
consistent with the value of such assets reflected in a reasonably current appraisal of
such assets and each such sale is approved by the Bankruptcy Court pursuant to an order
in form and substance reasonably satisfactory to Agents.  

	 	        “Lazard
Agreements” means the letter agreement and related indemnification letter
between Lazard Frères & Co. LLC and Borrowers, in the form delivered to Agents
pursuant to Section 3.3 of the Sixth Amendment.  

	 	        “Sixth
Amendment” means that certain Sixth Amendment to Debtor-In-Possession Credit
Agreement dated as of March 28, 2005 by and among Borrowers, Agents, Lead Lenders
and the Lenders party thereto.  

	 	        “Sixth
Amendment Effective Date” has the meaning assigned to that term in the Sixth
Amendment.  

	 	  1.2  	Amendment
to Subsection 2.10.  

                             Subsection
2.10 of the Credit Agreement is hereby amended by adding at the end thereof the following
new sentence: 

	 	
“Notwithstanding
anything to the contrary in this subsection 2.10, Borrowers, with the approval of the
Bankruptcy Court, may enter into the Lazard Agreements and the CMD Agreements.”. 

	 	  1.3  	Amendment
to Subsection 7.2.  

                             Subsection
7.2A of the Credit Agreement is hereby amended by (i) deleting the “and” at
the end of subsection (iii) thereof, (ii) deleting the “.” at the end of
subsection (iv) thereof and substituting therefor “; and”, and
(iii) adding at the end thereof the following new subsection (v): 

2 

	 	
“(v)     the
PBGC Foreign Subsidiary Liens.”.  

	 	  1.4  	Amendment
to Subsection 7.5.  

                             Subsection
7.5(ii) of the Credit Agreement is hereby amended by adding immediately prior to the
“;” at the end thereof the following: 

	 	
“and
payments made pursuant to and in accordance with the terms of the Lazard Agreements and
the CMD Agreements”. 

	 	  1.5  	Amendments
to Subsection 7.7.  

                             A.              Subsection
7.7(iv) of the Credit Agreement is hereby amended by deleting the           proviso
contained in clause (a) of such subsection in its entirety and
          substituting therefor the following::  

	 	
“,
provided that the Columbus Machinery Plant Sales and the Racine Plant Sales shall
not be required to be conducted as auctions under Section 363 of the Bankruptcy
Code”. 

                             B.              Subsection
7.7 of the Credit Agreement is hereby amended by adding at the end           thereof the
following new paragraph:  

	 	        “Borrowers
hereby agree that, except for sales of obsolete, worn-out or surplus property in the
ordinary course of business that do not require Bankruptcy Court approval and with respect
to which Borrowers do not receive proceeds in excess of $50,000 individually and $250,000
in the aggregate, (a) any sale of all or any part of Company’s assets relating
to the Racine Machining plant, located in Racine, Wisconsin, shall be considered an Asset
Sale for all purposes of this Agreement, and (b) all sales of or all or any part of
Company’s assets relating to any plant shut down or wound down after the Sixth
Amendment Effective Date shall be considered Asset Sales for all purposes of this
Agreement.  Upon
consummation of any Asset Sale after the Sixth Amendment Effective Date, Borrowers shall
deliver to Agents a certificate certifying the total amount of Net Asset Sale Proceeds
received from such Asset Sale and all Asset Sales preceding such Asset Sale consummated
after the Closing Date.”. 

	 	  1.6  	Amendment
to Subsection 8.6.  

                             A.              Subsection
8.6(a)(vii) of the Credit Agreement is hereby amended by adding           immediately
prior to the “;” at the end thereof the following proviso:  

	 	
“,
provided, however, that entry by the Bankruptcy Court of an order approving the
Lazard Agreements and the CMD Agreements shall not be an Event of Default under this
clause (vii)". 

                             B.              Subsection
8.6(b) of the Credit Agreement is hereby amended by adding           immediately prior to
the “;” at the end thereof the following proviso:  

3 

	 	
“,
provided, however, that the filing by Borrowers of a motion or motions with the
Bankruptcy Court for authority to enter into the Lazard Agreements and the CMD Agreements
shall not be an Event of Default under this clause (b)". 

	 	  1.7  	Amendment
to Subsection 8.9.  

                             Subsection
8.9 of the Credit Agreement is hereby amended by adding immediately prior to the
“;” contained therein the following new proviso: 

	 	
“,
and provided, further, that the assertion and filing of the PBGC Foreign Subsidiary Liens
shall not result in an Event of Default unless Company or any of its Subsidiaries shall
make payment on account of the obligations secured by the PBGC Foreign Subsidiary
Liens”. 

	SECTION 2.  	BORROWER’S
REPRESENTATIONS AND WARRANTIES  

                             In
order to induce the Lead Lenders and the Lenders to enter into this Amendment and to amend
the Credit Agreement in the manner provided herein, Borrowers represent and warrant to
each Lead Lender and Lender that the following statements are true, correct and complete: 

                             2.1    Corporate
Power and Authority.  Each Borrower has all requisite corporate power and authority to
enter into this Amendment and to carry out the transactions contemplated by, and perform
its obligations under, the Credit Agreement as amended by this Amendment (the “Amended
Agreement”).  

                             2.2     Authorization
of Agreements.  The execution and delivery of this Amendment has been duly authorized
by all necessary action on the part of each Borrower and the performance of the Amended
Agreement has been duly authorized by all necessary action on the part of each Borrower.  

                             2.3     No
Conflict.  The execution and delivery by each Borrower of this Amendment and the
performance by each Borrower of the Amended Agreement do not and will not (i) violate any
provision of any law or any governmental rule or regulation applicable to any Borrower or
any of its Subsidiaries, or the Organizational Documents of any Borrower or any of its
Subsidiaries or any order, judgment or decree of the Bankruptcy Court of any other
Government Authority binding on any Borrower or any of its Subsidiaries, (ii) conflict
with, result in a breach of or constitute (with due notice or lapse of time or both) a
default under any Contractual Obligation of any Borrower or any of its Subsidiaries or
any applicable order of the Bankruptcy Court, (iii) result in or require the
creation or imposition of any Lien upon any of the properties or assets of any Borrower
or any of its Subsidiaries (other than Liens created under any of the Loan Documents in
favor of Collateral Agent on behalf of the Lenders), or (iv) require any approval of
stockholders or any approval or consent of any Person under any Contractual Obligation of
any Borrower or any of its Subsidiaries.  

                             2.4     Governmental
Consents.  The execution and delivery by each Borrower of this Amendment and the
performance by each Borrower of the Amended Agreement do not and will not require any
Governmental Authorization.  

4 

                             2.5     Binding
Obligation.  This Amendment has been duly executed and delivered by each Borrower, and
each of this Amendment and the Amended Agreement is the legally valid and binding
obligations of each Borrower enforceable against each Borrower in accordance with its
respective terms.  

                             2.6     Incorporation
of Representations and Warranties From Credit Agreement.  The representations and
warranties contained in Section 5 of the Credit Agreement are and will be true,
correct and complete in all material respects on and as of the Sixth Amendment Effective
Date (as hereinafter defined) to the same extent as though made on and as of that date,
except to the extent such representations and warranties specifically relate to an
earlier date, in which case they were true, correct and complete in all material respects
on and as of such earlier date.  

                             2.7     Absence
of Default.  As of the date hereof after giving effect hereto, there exists no Event
of Default or Potential Event of Default under the Credit Agreement.  

                             2.8     Final
Borrowing Order.  The Final Borrowing Order is in full force and effect and has not
been stayed by the Bankruptcy Court or any other court of competent jurisdiction and has
not been reversed, vacated or otherwise modified after the entry thereof.  

	SECTION 3.  	CONDITIONS
TO EFFECTIVENESS  

                             Section
1 of this Amendment shall become effective on the first date (such date being referred to
herein as the “Sixth Amendment Effective Date”) on which each of
the following conditions shall have been satisfied:  

                             3.1     Payment
of Expenses.  Borrowers shall have paid in full all outstanding statements for fees
and expenses of each of Collateral Agent and Administrative Agent and their respective
experts and counsel (including, but not limited to, O’Melveny & Myers LLP,
Wachtell, Lipton, Rosen & Katz, Pepper Hamilton LLP and Capstone Corporate Recovery
LLC) to the extent submitted to Company prior to 12:00 Noon (New York City time) on March
28, 2005.  

                             3.2     Requisite
Approvals.  Borrowers and Requisite Lenders shall have each executed a counterpart
hereof, and Company and Agents shall have received written or telephonic notification of
such execution and authorization of delivery of such counterparts.  

                             3.3     Approved
Documents.  Borrowers shall have delivered to Agents (i) a correct and complete
copy of the order entered by the Bankruptcy Court regarding the Racine Plant Sales
described in clauses (i) through (iii) of the definition of the term “Racine
Plant Sales,” (ii) a correct and complete copy of the letter agreement and
related indemnification agreement to be entered into by between Lazard Frères & Co.
LLC and Company and its Subsidiaries, which agreements shall be satisfactory in form and
substance to Agents, and (iii) a correct and complete copy of the letter agreement
and related indemnification agreement to be entered into by between Conway MacKenzie &Dunleavy
and Company and its Subsidiaries, which agreements shall be satisfactory in form and
substance to Agents.  

5 

	SECTION 4.  	ACKNOWLEDGEMENT
AND CONSENT  

                             Each
Borrower hereby acknowledges that such Borrower has read this Amendment and consents to
the terms hereof and further hereby confirms and agrees that, notwithstanding the
effectiveness of this Amendment, the obligations of such Borrower under each of the Loan
Documents to which such Borrower is a party shall not be impaired and each of the Loan
Documents to which such Borrower is a party are, and shall continue to be, in full force
and effect and are hereby confirmed and ratified in all respects. 

	SECTION 5.  	MISCELLANEOUS  

                             5.1     Reference
to and Effect on the Credit Agreement and the Other Loan Documents. 

	 	                             A.     On
and after the Sixth Amendment Effective Date, each reference in the Credit
          Agreement to “this Agreement”, “hereunder”,           “hereof”,
“herein” or words of like import referring to the           Credit Agreement,
and each reference in the other Loan Documents to the           “Credit Agreement”,
“thereunder”, “thereof” or           words of like import referring
to the Credit Agreement shall mean and be a           reference to the Amended Agreement.  

	 	                             B.     Except
as specifically amended by this Amendment, the Credit Agreement and the           other
Loan Documents shall remain in full force and effect and are hereby           ratified
and confirmed.  

	 	                             C.     The
execution, delivery and performance of this Amendment shall not constitute a
          waiver of any provision of, or operate as a waiver of (or otherwise prejudice)
          any right, power or remedy of any Agent or any Lender under, the Credit
          Agreement or any of the other Loan Documents.  

                             5.2     Fees
and Expenses. Each Borrower acknowledges that all costs, fees and expenses as
described in subsection 10.2 of the Credit Agreement incurred by Administrative
Agent and Collateral Agent and their respective counsel (including, without limitation, O’Melveny
& Myers LLP, Wachtell, Lipton, Rosen & Katz, Pepper Hamilton LLP and Capstone
Corporate Recovery LLC) with respect to this Amendment and the documents and transactions
contemplated hereby shall be for the account of Borrowers.  

                             5.3     Headings.
Section and subsection headings in this Amendment are included herein for
convenience of reference only and shall not constitute a part of this Amendment for any
other purpose or be given any substantive effect.  

                             5.4     Applicable
Law. THIS AMENDMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER SHALL BE
GOVERNED BY, AND SHALL BE CONSTRUED AND ENFORCED IN ACCORDANCE WITH, THE INTERNAL LAWS OF
THE STATE OF NEW YORK (INCLUDING WITHOUT LIMITATION SECTION 5-1401 OF THE GENERAL
OBLIGATIONS LAW OF THE STATE OF NEW YORK), WITHOUT REGARD TO CONFLICTS OF LAWS
PRINCIPLES.  

6  

                             5.5     Counterparts.
This Amendment may be executed in any number of counterparts and by different parties
hereto in separate counterparts, each of which when so executed and delivered shall be
deemed an original, but all such counterparts together shall constitute but one and the
same instrument; signature pages may be detached from multiple separate counterparts and
attached to a single counterpart so that all signature pages are physically attached to
the same document.  

[Remainder of page
intentionally left blank] 

7 

        IN
WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed and
delivered by their respective officers thereunto duly authorized as of the date first
written above. 

        BORROWERS:  

		INTERMET CORPORATION

		By:   	/s/  Alan J. Miller 

			Name:  Alan J. Miller

Title:  Vice President

		ALEXANDER CITY CASTING COMPANY, INC.

		By:   	/s/  Alan J. Miller 

			Name:  Alan J. Miller

Title:  Vice President

		CAST-MATIC CORPORATION

		By:   	/s/  Alan J. Miller 

			Name:  Alan J. Miller

Title:  Vice President

		COLUMBUS FOUNDRY, L.P.

		By:   	/s/  Alan J. Miller 

			Name:  Alan J. Miller

Title:  Vice President

		DIVERSIFIED DIEMAKERS, INC.

		By:   	/s/  Alan J. Miller 

			Name:  Alan J. Miller

Title:  Vice President

S-1 

		GANTON TECHNOLOGIES INC.

		By:   	/s/  Alan J. Miller 

			Name:  Alan J. Miller

Title:  Vice President

		INTERMET HOLDING COMPANY

		By:   	/s/  Alan J. Miller 

			Name:  Alan J. Miller

Title:  Vice President

		INTERMET ILLINOIS, INC.

		By:   	/s/  Alan J. Miller 

			Name:  Alan J. Miller

Title:  Vice President

		INTERMET INTERNATIONAL, INC.

		By:   	/s/  Alan J. Miller 

			Name:  Alan J. Miller

Title:  Vice President

		INTERMET U.S. HOLDING, INC.

		By:   	/s/  Alan J. Miller 

			Name:  Alan J. Miller

Title:  Vice President

S-2 

		IRONTON IRON, INC.

		By:   	/s/  Alan J. Miller 

			Name:  Alan J. Miller

Title:  Vice President

		LYNCHBURG FOUNDRY COMPANY

		By:   	/s/  Alan J. Miller 

			Name:  Alan J. Miller

Title:  Vice President

		NORTHERN CASTINGS CORPORATION

		By:   	/s/  Alan J. Miller 

			Name:  Alan J. Miller

Title:  Vice President

		SUDBURY, INC.

		By:   	/s/  Alan J. Miller 

			Name:  Alan J. Miller

Title:  Vice President

		SUDM, INC.

		By:   	/s/  Alan J. Miller 

			Name:  Alan J. Miller

Title:  Vice President

		TOOL PRODUCTS, INC.

		By:   	/s/  Alan J. Miller 

			Name:  Alan J. Miller

Title:  Vice President

S-3 

		WAGNER CASTINGS COMPANY

		By:   	/s/  Alan J. Miller 

			Name:  Alan J. Miller

Title:  Vice President

		WAGNER HAVANA, INC.

		By:   	/s/  Alan J. Miller 

			Name:  Alan J. Miller

Title:   Vice President

S-4 

        AGENTS
AND LENDERS:  

		THE BANK OF NOVA SCOTIA,

as Administrative Agent and as a Lead Lender and a Lender

		By:   	/s/  Ronald Dooley 

			Name:  Ronald Dooley

Title:  Director

		DEUTSCHE BANK TRUST COMPANY AMERICAS,

as Collateral Agent and as a Lead Lender and a Lender

		By:   	/s/  Keith C. Braun 

			Name:  Keith C. Braun

Title:  Director

		DK ACQUISITION PARTNERS, LP,

as a Lender

		By:   	    

			Name:  

Title:  

		TRS CALLISTO LLC,

as a Lender

		By:   	    

			Name:  

Title:  

S-5EXECUTION COPY 

FIRST AMENDMENT TO
AMENDED AND RESTATED CREDIT AGREEMENT 

        THIS
FIRST AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT (this “Amendment”)
dated as of March 28, 2005, by and among REGENCY CENTERS, L.P., a Delaware limited
partnership (the “Borrower”), REGENCY CENTERS CORPORATION, a Florida corporation
formerly known as Regency Realty Corporation (the “Parent”), each of the other
Guarantors signatory hereto (the “Guarantors”), each of the Lenders signatory
hereto, and WELLS FARGO BANK, NATIONAL ASSOCIATION, as Agent (the “Agent”). 

        WHEREAS,
the Borrower, the Parent, the Lenders, the Agent and others are parties to that certain
Amended and Restated Credit Agreement dated as of March 26, 2004 (as amended and in
effect immediately prior to the date hereof, the “Credit Agreement”); and 

        WHEREAS,
the parties hereto desire to amend certain provisions of the Credit Agreement on the terms
and conditions contained herein; 

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

        Section 1.       Specific
Amendments to Credit Agreement. The parties hereto agree that           the Credit
Agreement is amended as follows:  

        (a)                 Section 1.1.
of the Credit Agreement is amended by adding the following           definitions in the
appropriate alphabetical locations in such Section:  

	 	        “Acquisition”
means the acquisition by Macquarie CountryWide-Regency II, LLC of all of the issued
and outstanding membership interested in Eastern Shopping Centers Holdings, LLC, USRP
Texas GP, LLC and U.S. Retail Partners, LLC pursuant to the Purchase and Sale Agreement
dated as of February 14, 2005 by and among Macquarie CountryWide-Regency II,
LLC, the Parent, Macquarie CountryWide Trust, California Public Employees’ Retirement
System, USRP Texas GP, LLC, U.S. Retail Partners, LLC, Eastern Shopping Centers Holdings,
LLC and First Washington Investment I, LLC. 

	 	        “Acquisition
Date” means the date on which the Acquisition occurs.  

	 	        “JV
CMBS Bridge Facility” means that certain Credit Agreement effective as of the
Acquisition Date by and among Macquarie CountryWide-Regency II, LLC, the financial
institutions from time to time party thereto as “Lenders”, Wachovia Bank,
National Association, as Agent, and the other parties thereto. 

        (b)                 The
definition of Borrowing Base contained in Section 1.1. of the Credit
          Agreement is restated in its entirety as follows:  

	 	        “Borrowing
Base” means, without duplication, the sum of (i) the aggregate Unencumbered
Pool Values of all Stabilized Retail Operating Properties, Pre-Stabilized Retail Operating
Properties, Qualified Development Properties and Environmentally Impacted Properties
divided by (ii) the Borrowing Base Factor. Notwithstanding anything set forth in this
definition to the contrary, (a) not more than 7.5% of the Borrowing Base can be
attributable to Environmentally Impacted Properties, (b) not more than 25.0% of the
Borrowing Base can be attributable to Qualified Development Properties, Pre-Stabilized
Retail Operating Properties and Environmentally Impacted Properties and (c) not more
than 15.0% of the Borrowing Base can be attributable to Properties that are not anchored
by grocery store tenants (for purposes of this definition, a Side Shop Center shall be
considered to be anchored by a grocery store tenant). As used in this definition, the term
“Borrowing Base Factor” means 1.67 unless the Acquisition shall occur in which
case it means (x) 1.25 from the Acquisition Date to and including the date six months
following the Acquisition Date, (y) 1.35 after the date six months following the
Acquisition Date to an including the date nine months following the Acquisition Date and
(z) 1.67 at all times thereafter. 

        (c)                 The
definition of Capitalized EBITDA contained in Section 1.1. of the           Credit
Agreement is amended by replacing the reference to “8.50%” in           clause (c)
thereof with a reference to “8.25%".  

        (d)                 The
definition of Non-Guarantor Entity contained in Section 1.1. of the           Credit
Agreement is restated in its entirety as follows:  

	 	        “Non-Guarantor
Entity” means any Subsidiary that is not required to become a party to the
Guaranty under Section 8.22.(a). 

        (e)                 The
definition of Unencumbered Pool Value contained in Section 1.1. of the
          Credit Agreement is amended by replacing the references to “8.50%” in
          clauses (a)(iii) and (b)(ii)(C) thereof with references to           “8.25%".  

        (f)                 The
second sentence of Section 7.6. of the Credit Agreement is restated in           its
entirety as follows:  

	 	
The
Borrower, each Guarantor, each of the other Subsidiaries of the Parent or of the Borrower,
each Non-Guarantor Entity and each Unconsolidated Affiliate have performed and are in
compliance with all of the terms of such Indebtedness and all instruments and agreements
relating thereto, and no default or event of default, or event or condition which with the
giving of notice, the lapse of time, a determination of materiality, the satisfaction of
any other condition or any combination of the foregoing, would constitute such a default
or event of default, exists with respect to any such Indebtedness. 

-2- 

        (g)                 The
second sentence of Section 7.21. of the Credit Agreement is restated in
          its entirety as follows:  

	 	
No
Non-Guarantor Entity or Unconsolidated Affiliate that has failed to become a party to the
Guaranty under Section 8.22(a) satisfies any condition contained in clause (i) of
Section 8.22.(a). 

        (h)                 Section 8.23.
of the Credit Agreement is restated in its entirety as           follows:  

        SECTION
8.23. Asset Value of Non-Guarantor Entities and Recourse Indebtedness of Unconsolidated
Affiliates. 

	 	        (a)       Asset
Value. At no time shall the aggregate Asset Value of the                Non-Guarantor
Entities obligated in respect of any Indebtedness other than                Nonrecourse
Indebtedness exceed 10% of the Gross Asset Value of the Parent and                its
Consolidated Subsidiaries.  

	 	        (b)       Recourse
Indebtedness. At no time shall the aggregate outstanding                principal
balance of Indebtedness (other than Nonrecourse Indebtedness) of
               Unconsolidated Affiliates of the Parent exceed 25% of the sum of (i) with
               respect to all completed Properties of Unconsolidated Affiliates of the
Parent                and the Borrower, the Capitalized EBITDA of such Unconsolidated
Affiliates                attributable to such Properties for the fiscal quarter most
recently ended and                (ii) with respect to all Properties of such
Unconsolidated Affiliates under                construction, the aggregate book value of
Construction in Process for such                Properties as of the end of such fiscal
quarter. For purposes of determining                compliance with this subsection, if
the Acquisition shall occur, the                Indebtedness of Macquarie
CountryWide-Regency II, LLC and its Subsidiaries                in respect of the JV
CMBS Bridge Facility shall be disregarded from the                Acquisition Date to but
excluding the date one year after the Acquisition Date                and shall be
included thereafter to the extent then outstanding.  

        (i)                 Section 9.2.
of the Credit Agreement is restated in its entirety as           follows:  

        SECTION
9.2.  Ratio of Total Liabilities to Gross Asset Value. 

	 	        The
Parent shall not at any time permit the ratio of Total Liabilities of the Parent and its
Consolidated Subsidiaries to Gross Asset Value of the Parent and its Consolidated
Subsidiaries to exceed 0.60 to 1.00; provided, however, if the Acquisition shall occur,
then during the period from the Acquisition Date to but excluding the date nine months
following the Acquisition Date, such ratio may exceed 0.60 to 1.00 but may not exceed
0.625 to 1.00 at any time during such period. 

-3- 

        Section 2.       Effectiveness
of Amendment. The effectiveness of Section 1 of this           Amendment is
subject to receipt by the Agent of each of the following in form           and substance
satisfactory to the Agent:  

        (a)                 Counterparts
of this Amendment executed by each of the parties hereto;  

        (b)                 A
certificate of the chief executive officer, chief financial officer or other
          senior officer of the Parent certifying the matters set forth in the
immediately           preceding clause;  

        (c)                 Evidence
of payment of the fees payable under Section 9 below; and  

        (d)                 Such
other documents, instruments and agreements as the Agent may reasonably
          request.  

        Section 3.       Representations
of the Borrower. The Borrower represents and warrants to           the Agent and the
Lenders that:  

        (a)       Authorization.
Each Loan Party a party to this Amendment has the right           and power, and has
taken all necessary action to authorize it, to execute and           deliver this
Amendment and to perform its obligations hereunder in accordance           with its
terms. The Borrower has the right and power, and has taken all           necessary action
to authorize it, to perform its obligations under the Credit           Agreement, as
amended by this Amendment, in accordance with its terms. This           Amendment has
been duly executed and delivered by a duly authorized officer of           each such Loan
Party and each of this Amendment and the Credit Agreement, as           amended by this
Amendment, is a legal, valid and binding obligation of each Loan           Party a party
thereto enforceable against such Loan Party in accordance with its           respective
terms except as the same may be limited by bankruptcy, insolvency,           and other
similar laws affecting the rights of creditors generally and the           availability
of equitable remedies for the enforcement of certain obligations           contained
herein or therein may be limited by equitable principles generally.  

        (b)       Compliance
with Laws, etc. The execution and delivery of this Amendment           by each Loan
Party a party hereto and the performance of this Amendment and the           Credit
Agreement, as amended by this Amendment, by each Loan Party a party           thereto in
accordance with their respective terms, do not and will not, by the           passage of
time, the giving of notice or otherwise: (i) require any           Government
Approval or violate any Applicable Law relating to any such Loan           Party the
failure to possess or to comply with which would have a Materially           Adverse
Effect; (ii) conflict with, result in a breach of or constitute a           default
under the any such Loan Party’s organizational documents or any           indenture,
agreement or other instrument to which any such Loan Party is a party           or by
which it or any of its properties may be bound and the violation of which           could
reasonably be expected to have a Materially Adverse Effect; or           (iii) result
in or require the creation or imposition of any Lien upon or           with respect to
any property now owned or hereafter acquired by any Loan Party           other than
Permitted Liens.  

-4- 

        (c)       No
Default. No Default or Event of Default has occurred and is continuing           as
of the date hereof nor will exist immediately after giving effect to this
          Amendment.  

        (d)       Ownership
of JV. Upon the Acquisition Date, the Borrower shall own,           directly or
indirectly, 35% of the membership interests in Macquarie           CountryWide-Regency II,
LLC.  

        Section 4.       Notice
of Acquisition Date. The Borrower shall give the Agent and each           Lender
notice of the occurrence of the Acquisition Date (as defined above in           Section 1)
within 1 Business Day of the occurrence thereof.  

        Section 5.       Reaffirmation
of Guaranty by Guarantors. Each Guarantor hereby reaffirms           its continuing
obligations to the Agent and the Lenders under the Guaranty, and           agrees that
the transactions contemplated by this Amendment shall not in any way           affect the
validity and enforceability of such Guaranty, or reduce, impair or           discharge
the obligations of such Guarantor thereunder.  

        Section 6.       Reaffirmation
of Representations. Each Loan Party a party hereto repeats           and reaffirms
all representations and warranties made by such Loan Party to the           Agent and the
Lenders in the Credit Agreement and the other Loan Documents to           which it is a
party on and as of the date hereof (and after giving effect to           this Amendment)
with the same force and effect as if such representations and           warranties were
set forth in this Amendment in full.  

        Section 7.       References
to the Credit Agreement. Each reference to the Credit           Agreement in any of
the Loan Documents (including the Credit Agreement) shall be           deemed to be a
reference to the Credit Agreement, as amended by this Amendment.  

        Section 8.       Expenses.
The Borrower shall reimburse the Agent upon demand for all           costs and expenses
(including attorneys’ fees) incurred by the Agent in           connection with the
preparation, negotiation and execution of this Amendment and           the other
agreements and documents executed and delivered in connection           herewith.  

        Section 9.       Amendment
Fee. In consideration of Lenders party hereto entering into           this Amendment,
the Borrower agrees to pay to the Agent for the account of each           Lender a party
hereto an amendment fee in the amount equal to 0.05% of the           amount of such
Lender’s Commitment.  

        Section 10.       Benefits.
This Amendment shall be binding upon and shall inure to the           benefit of the
parties hereto and their respective successors and assigns.  

        Section 11.       GOVERNING
LAW. THIS AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED AND           ENFORCED IN
ACCORDANCE WITH, THE LAWS OF THE STATE OF GEORGIA APPLICABLE TO           CONTRACTS
EXECUTED, AND TO BE FULLY PERFORMED, IN SUCH STATE.  

-5- 

        Section 12.       Effect.
Except as expressly herein amended, the terms and conditions of           the Credit
Agreement and the other Loan Documents shall remain in full force and           effect.  

        Section 13.       Effective
Date. This Amendment shall not be effective until its execution           and
delivery by the Borrower, the Guarantors and the Requisite Lenders whereupon
          its shall be deemed effective as of the date first written above.  

        Section 14.       Counterparts.
This Amendment may be executed in any number of           counterparts, each of which
shall be deemed to be an original and shall be           binding upon all parties, their
successors and assigns.  

        Section 15.       Definitions.
All capitalized terms not otherwise defined herein are used           herein with the
respective definitions given them in the Credit Agreement.  

[Signatures on Next
Page] 

-6- 

        IN
WITNESS WHEREOF, the parties hereto have caused this First Amendment to Amended and
Restated Credit Agreement to be executed as of the date first above written. 

		REGENCY CENTERS, L.P.
	
 	By: Regency Realty Corporation, its sole general partner
	

 	By:__________________________________________________
		      Name: John F. Euart, Jr.
		      Title: Managing Director
	

 	REGENCY CENTERS CORPORATION
	

 	By:__________________________________________________
		      Name: John F. Euart, Jr.
		      Title: Managing Director

[Signatures Continued
on Next Page] 

-7- 

[SignaturePage to
First Amendment to Amended and Restated Credit Agreement 
dated as of March 28,
2005 with Regency Centers, L.P.]. 

		WELLS FARGO BANK, NATIONAL ASSOCIATION, 
  individually and as the Agent
	

  	By:__________________________________________________
		      Name:___________________________________________
		      Title:__________________________________________
	

 	WACHOVIA BANK, NATIONAL ASSOCIATION
	

 	By:______________________________________________
		      Name:_______________________________________
		      Title:______________________________________
	

 	PNC BANK, NATIONAL ASSOCIATION
	

 	By:______________________________________________
		      Name:_______________________________________
		      Title:______________________________________
	

 	JPMORGAN CHASE BANK
	

 	By:______________________________________________
		      Name:_______________________________________
		      Title:______________________________________

[Signatures Continued
on Next Page] 

-8- 

[SignaturePage to
First Amendment to Amended and Restated Credit Agreement dated as of March 28,
2005 with Regency Centers, L.P.] 

		SUNTRUST BANK
	

 	By:______________________________________________
		      Name:_______________________________________
		      Title:______________________________________
	

 	COMMERZBANK AG, NEW YORK BRANCH,
	

 	By:______________________________________________
		      Name:_______________________________________
		      Title:______________________________________
	

 	By:______________________________________________
		      Name:_______________________________________
		      Title:
	

 	AMSOUTH BANK
	

 	By:______________________________________________
		      Name:_______________________________________
		      Title:______________________________________
	

 	ING REAL ESTATE FINANCE (USA) LLC
	

 	By:______________________________________________
		      Name:_______________________________________
		      Title:______________________________________

[Signatures Continued
on Next Page] 

-9- 

[SignaturePage to
First Amendment to Amended and Restated Credit Agreement dated as of March 28,
2005 with Regency Centers, L.P.] 

		U.S. BANK, NATIONAL ASSOCIATION
	

 	By:______________________________________________
		      Name:_______________________________________
		      Title:______________________________________
	

 	SUMITOMO MITSUI BANKING CORPORATION
	

 	By:______________________________________________
		      Name:_______________________________________
		      Title:______________________________________
	

 	CHEVY CHASE BANK, F.S.B.
	

 	By:______________________________________________
		      Name:_______________________________________
		      Title:______________________________________
	

 	COMPASS BANK, an Alabama banking corporation
	

 	By:______________________________________________
		      Name:_______________________________________
		      Title:______________________________________
	

 	COMMERCEBANK, N. A.
	

 	By:______________________________________________
		      Name: Alan Hills
		      Title: Vice President

[Signatures Continued
on Next Page] 

-10- 

[SignaturePage to
First Amendment to Amended and Restated Credit Agreement dated as of March 28,
2005 with Regency Centers, L.P.] 

		FIRST HORIZON BANK, a division of First Tennessee Bank, N.A.
	

 	By:______________________________________________
	

 	      Name:_______________________________________
		      Title:______________________________________
	

 	ISRAEL DISCOUNT BANK OF NEW YORK
	

 	By:______________________________________________
		      Name:_______________________________________
		      Title:______________________________________
	

 	By:______________________________________________
		      Name:_______________________________________
		      Title:______________________________________
	

 	CHANG HWA COMMERCIAL BANK, LTD., NEW YORK BRANCH
	

 	By:______________________________________________
		      Name:_______________________________________
		      Title:______________________________________
	

 	COMERICA BANK
	

 	By:______________________________________________
		      Name:_______________________________________
		      Title:______________________________________

-11-

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00082-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00082-of-00352.parquet"}]]