Document:

Exhibit

Exhibit 10.8

THIS SECOND AMENDED AND RESTATED REVOLVING NOTE AMENDS AND RESTATES IN ITS ENTIRETY THAT CERTAIN AMENDED AND RESTATED NOTE DATED JUNE 28, 2018 MADE BY GRIFFIN CAPITAL ESSENTIAL ASSET OPERATING PARTNERSHIP II, L.P. IN FAVOR OF KEYBANK, NATIONAL ASSOCIATION IN THE ORIGINAL PRINCIPAL AMOUNT OF $69,750,000.00

SECOND AMENDED AND RESTATED REVOLVING NOTE

	
		
	$76,806,904
	April 30, 2019

FOR VALUE RECEIVED, GRIFFIN CAPITAL ESSENTIAL ASSET OPERATING PARTNERSHIP, L.P., a Delaware limited partnership (successor by merger to Griffin Capital Essential Asset Operating Partnership II, L.P.) promises to pay without offset or counterclaim to the order of KEYBANK, NATIONAL ASSOCIATION, a national banking association (“Payee”), the principal amount equal to the lesser of (x) SEVENTY-SIX MILLION EIGHT HUNDRED SIX THOUSAND NINE HUNDRED FOUR AND 00/100 DOLLARS ($76,806,904.00) or (y) the outstanding amount advanced by Payee as a Loan (or Loans) under the Credit Agreement (as hereinafter defined), payable in accordance with the terms of the Credit Agreement.
Maker also promises to pay interest on the unpaid principal amount of this Second Amended and Restated Revolving Note (this “Note”) at the rates and at the times which shall be determined in accordance with the provisions of that certain Second Amended and Restated Credit Agreement dated as of even date herewith, among Maker, the Lenders named therein, and KeyBank National Association, as Administrative Agent for itself and the Lenders (as hereafter amended, supplemented or otherwise modified from time to time, the “Credit Agreement”).  Capitalized terms used herein without definition shall have the meanings set forth in the Credit Agreement.
Subject to the terms and provisions of the Credit Agreement, amounts borrowed may be repaid and reborrowed at any time prior to the termination of the Availability Period.  No Lender shall have any obligation to make a Loan to the extent such Loan would cause the sum of the total Revolving Credit Exposures to exceed the total Maximum Loan Available Amount less the outstanding balance of all of the Term Loans.
This Note is subject to (a) mandatory prepayment and (b) prepayment at the option of the Maker, as provided in the Credit Agreement.
This Note is issued pursuant to the Credit Agreement and is entitled to the benefits of the Credit Agreement, reference to which is hereby made for a more complete statement of the terms and conditions under which the Loan evidenced hereby is made and is to be repaid.
THIS NOTE SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.  MAKER AGREES THAT JURISDICTION 

Exhibit 10.8

AND VENUE FOR ANY ACTION REGARDING THIS NOTE SHALL BE AS SET FORTH IN THE CREDIT AGREEMENT.
Upon the occurrence of an Event of Default, the unpaid balance of the principal amount of this Note may become, or may be declared to be, due and payable in the manner, upon the conditions and with the effect provided in the Credit Agreement.
Maker promises to pay all fees, costs and expenses incurred in the collection and enforcement of this Note in accordance with the terms of the Credit Agreement.  Maker and any endorser of this Note hereby consents to renewals and extensions of time at or after the maturity hereof, without notice, and hereby waive diligence, presentment, protest, demand and notice of every kind (except such notices as may be expressly required under the Credit Agreement or the other Loan Documents) and, to the full extent permitted by law, the right to plead any statute of limitations as a defense to any demand hereunder.
Whenever possible, each provision of this Note shall be interpreted in such manner as to be effective and valid under applicable law, but if any provision of this Note shall be prohibited by or invalid under applicable law, such provision shall be ineffective to the extent of such prohibition or invalidity, without invalidating the remainder of such provision or the remaining provisions of this Note.
[Remainder of Page Intentionally Left Blank]

IN WITNESS WHEREOF, Maker has caused this Note to be executed and delivered by its duly authorized officer, as of the day and year first written above.

GRIFFIN CAPITAL ESSENTIAL ASSET OPERATING PARTNERSHIP, L.P., (successor by merger to Griffin Capital Essential Asset Operating Partnership II, L.P.), a Delaware limited partnership

		
	By:
	GRIFFIN CAPITAL ESSENTIAL ASSET REIT II, INC., a Maryland corporation, its General Partner

By:/s/Javier F. Bitar    
Name:    Javier F. Bitar
Title:    Chief Financial Officer and Treasurer

[Signature Page to Second Amended and Restated Revolving Note (KeyBank)]Exhibit

Exhibit 10.9

SWINGLINE NOTE

	
		
	$41,666,667
	April 30, 2019

FOR VALUE RECEIVED, GRIFFIN CAPITAL ESSENTIAL ASSET OPERATING PARTNERSHIP, L.P., a Delaware limited partnership (successor by merger to Griffin Capital Essential Asset Operating Partnership II, L.P.) (the “Maker”) promises to pay without offset or counterclaim to the order of KEYBANK, NATIONAL ASSOCIATION, a national banking association (“Payee”), the principal amount equal to the lesser of (x) FORTY-ONE MILLION SIX HUNDRED SIXTY-SIX THOUSAND SIX HUNDRED SIXTY-SIX AND 67/100 DOLLARS ($41,666,666.67) or (y) the outstanding amount advanced by Payee as a Loan (or Loans) under the Credit Agreement (as hereinafter defined), payable in accordance with the terms of the Credit Agreement.
Maker also promises to pay interest on the unpaid principal amount of this Swingline Note (this “Note”) at the rates and at the times which shall be determined in accordance with the provisions of that certain Second Amended and Restated Credit Agreement dated as of even date herewith, among Maker, the Lenders named therein, and KeyBank National Association, as Administrative Agent for itself and the Lenders (as hereafter amended, supplemented or otherwise modified from time to time, the “Credit Agreement”).  Capitalized terms used herein without definition shall have the meanings set forth in the Credit Agreement.
Subject to the terms and provisions of the Credit Agreement, amounts borrowed may be repaid and reborrowed at any time prior to the termination of the Availability Period.  Payee shall not have any obligation to make a Swingline Loan to the extent such Loan would (i) cause the sum of the total Revolving Credit Exposures to exceed the total Maximum Loan Available Amount less the outstanding balance of all of the Term Loans, (ii) cause the outstanding amount of Swingline Loans made by Payee plus such Payee’s Revolving Credit Exposure to exceed such Payee’s Revolving Commitment, or (iii) cause the aggregate principal amount of outstanding Swingline Loans to exceed $125,000,000.00.
This Note is subject to (a) mandatory prepayment and (b) prepayment at the option of the Maker, as provided in the Credit Agreement.
This Note is issued pursuant to the Credit Agreement and is entitled to the benefits of the Credit Agreement, reference to which is hereby made for a more complete statement of the terms and conditions under which the Loan evidenced hereby is made and is to be repaid.
THIS NOTE SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.  MAKER AGREES THAT JURISDICTION AND VENUE FOR ANY ACTION REGARDING THIS NOTE SHALL BE AS SET FORTH IN THE CREDIT AGREEMENT.

Exhibit 10.9

Upon the occurrence of an Event of Default, the unpaid balance of the principal amount of this Note may become, or may be declared to be, due and payable in the manner, upon the conditions and with the effect provided in the Credit Agreement.
Maker promises to pay all fees, costs and expenses incurred in the collection and enforcement of this Note in accordance with the terms of the Credit Agreement.  Maker and any endorser of this Note hereby consents to renewals and extensions of time at or after the maturity hereof, without notice, and hereby waive diligence, presentment, protest, demand and notice of every kind (except such notices as may be expressly required under the Credit Agreement or the other Loan Documents) and, to the full extent permitted by law, the right to plead any statute of limitations as a defense to any demand hereunder.
Whenever possible, each provision of this Note shall be interpreted in such manner as to be effective and valid under applicable law, but if any provision of this Note shall be prohibited by or invalid under applicable law, such provision shall be ineffective to the extent of such prohibition or invalidity, without invalidating the remainder of such provision or the remaining provisions of this Note.
[Remainder of Page Intentionally Left Blank]

IN WITNESS WHEREOF, Maker has caused this Note to be executed and delivered by its duly authorized officer, as of the day and year first written above.

GRIFFIN CAPITAL ESSENTIAL ASSET OPERATING PARTNERSHIP, L.P., (successor by merger to Griffin Capital Essential Asset Operating Partnership II, L.P.), a Delaware limited partnership

		
	By:
	GRIFFIN CAPITAL ESSENTIAL ASSET REIT II, INC., a Maryland corporation, its General Partner

By:/s/Javier F. Bitar                
Name:    Javier F. Bitar
Title:    Chief Financial Officer and Treasurer

[Signature Page to Swingline Note (KeyBank)]Exhibit

Exhibit 10.10

Schedule of Omitted Documents
of Griffin Capital Essential Asset REIT II, Inc.

The following 2023 Term Notes have not been filed as an exhibit pursuant to Instruction 2 of Item 601 of Regulation S-K; these documents are substantially identical in all material respects, except as noted below, to Exhibit 10.5 to this Form 8-K:

		
	1.
	2023 Term Note payable to SunTrust Bank in the amount of $25,300,000 dated April 30, 2019.

		
	2.
	2023 Term Note payable to Wells Fargo Bank, National Association in the amount of $25,400,000 dated April 30, 2019. 

		
	3.
	2023 Term Note payable to Capital One, National Association in the amount of $25,400,000 dated April 30, 2019. 

		
	4.
	2023 Term Note payable to U.S. Bank National Association in the amount of $25,400,000 dated April 30, 2019. 

		
	5.
	2023 Term Note payable to Fifth Third Bank in the amount of $20,000,000 dated April 30, 2019. 

		
	6.
	2023 Term Note payable to Regions Bank in the amount of $20,000,000 dated April 30, 2019.

		
	7.
	2023 Term Note payable to Associated Bank, National Association in the amount of $8,000,000 dated April 30, 2019.

The following 2024 Term Notes have not been filed as an exhibit pursuant to Instruction 2 of Item 601 of Regulation S-K; these documents are substantially identical in all material respects, except as noted below, to Exhibit 10.6 to this Form 8-K:

		
	1.
	2024 Term Note payable to SunTrust Bank in the amount of $30,413,334 dated April 30, 2019.

		
	2.
	2024 Term Note payable to Wells Fargo Bank, National Association in the amount of $30,413,333 dated April 30, 2019.

		
	3.
	2024 Term Note payable to Capital One, National Association in the amount of $30,413,333 dated April 30, 2019. 

		
	4.
	2024 Term Note payable to U.S. Bank National Association in the amount of $30,413,333 dated April 30, 2019. 

		
	5.
	2024 Term Note payable to Fifth Third Bank in the amount of $31,683,333 dated April 30, 2019. 

		
	6.
	2024 Term Note payable to BMO Harris Bank, National Association in the amount of $55,000,000 dated April 30, 2019.

		
	7.
	2024 Term Note payable to Regions Bank in the amount of $13,333,333 dated April 30, 2019.

		
	8.
	2024 Term Note payable to PNC Bank, National Association in the amount of $26,666,667 dated April 30, 2019. 

		
	9.
	2024 Term Note payable to Branch Banking and Trust Company in the amount of $26,666,667 dated April 30, 2019. 

		
	10.
	2024 Term Note payable to Goldman Sachs Bank USA in the amount of $23,333,333 dated April 30, 2019.

		
	11.
	2024 Term Note payable to Comerica Bank in the amount of $25,000,000 dated April 30, 2019. 

Exhibit 10.10

		
	12.
	2024 Term Note payable to First Tennessee Bank National Association in the amount of $13,333,333 dated April 30, 2019.

The following 2026 Term Notes have not been filed as an exhibit pursuant to Instruction 2 of Item 601 of Regulation S-K; these documents are substantially identical in all material respects, except as noted below, to Exhibit 10.7 to this Form 8-K:

		
	1.
	2026 Term Note payable to SunTrust Bank in the amount of $11,904,762 dated April 30, 2019.

		
	2.
	2026 Term Note payable to Wells Fargo Bank, National Association in the amount of $11,904,762 dated April 30, 2019. 

		
	3.
	2026 Term Note payable to Capital One, National Association in the amount of $11,904,762 dated April 30, 2019.  

		
	4.
	2026 Term Note payable to U.S. Bank National Association in the amount of $11,904,762 dated April 30, 2019. 

		
	5.
	2026 Term Note payable to Fifth Third Bank in the amount of $11,904,762 dated April 30, 2019. 

		
	6.
	2026 Term Note payable to BMO Harris Bank, National Association in the amount of $11,904,761 dated April 30, 2019.

		
	7.
	2026 Term Note payable to Regions Bank in the amount of $11,666,667 dated April 30, 2019.

		
	8.
	2026 Term Note payable to PNC Bank, National Association in the amount of $10,000,000 dated April 30, 2019. 

		
	9.
	2026 Term Note payable to Branch Banking and Trust Company in the amount of $10,000,000 dated April 30, 2019. 

		
	10.
	2026 Term Note payable to Comerica Bank in the amount of $5,000,000 dated April 30, 2019.

		
	11.
	2026 Term Note payable to Synovus Bank in the amount of $25,000,000 dated April 30, 2019.

		
	12.
	2026 Term Note payable to First Tennessee Bank National Association in the amount of $5,000,000 dated April 30, 2019. 

The following Revolving Notes have not been filed as an exhibit pursuant to Instruction 2 of Item 601 of Regulation S-K; these documents are substantially identical in all material respects, except as noted below, to Exhibit 10.8 to this Form 8-K:

		
	1.
	Second Amended and Restated Revolving Note payable to SunTrust Bank in the amount of $76,756,904 dated April 30, 2019.

		
	2.
	Second Amended and Restated Revolving Note payable to Wells Fargo Bank, National Association in the amount of $76,656,905 dated April 30, 2019.

		
	3.
	Second Amended and Restated Revolving Note payable to Capital One, National Association in the amount of $76,656,905 dated April 30, 2019. 

		
	4.
	Second Amended and Restated Revolving Note payable to U.S. Bank National Association in the amount of $76,656,905 dated April 30, 2019. 

		
	5.
	Second Amended and Restated Revolving Note payable to Fifth Third Bank in the amount of $80,786,905 dated April 30, 2019.

		
	6.
	Revolving Note payable to BMO Harris Bank, National Association in the amount of $77,470,239 dated April 30, 2019.

Exhibit 10.10

		
	7.
	Second Amended and Restated Revolving Note payable to Regions Bank in the amount of $55,000,000 dated April 30, 2019.

		
	8.
	Revolving Note payable to PNC Bank, National Association in the amount of $13,333,333 dated April 30, 2019.

		
	9.
	Revolving Note payable to Branch Banking and Trust Company in the amount of $13,333,333 dated April 30, 2019.

		
	10.
	Revolving Note payable to Goldman Sachs Bank USA in the amount of $11,666,667 dated April 30, 2019.

		
	11.
	Second Amended and Restated Revolving Note payable to Associated Bank, National Association in the amount of $22,000,000 dated April 30, 2019.

		
	12.
	Revolving Note payable to First Tennessee Bank National Association in the amount of $6,666,667 dated April 30, 2019.

The following Swingline Note has not been filed as an exhibit pursuant to Instruction 2 of Item 601 of Regulation S-K; this document is substantially identical in all material respects, except as noted below, to Exhibit 10.9 to this Form 8-K:

		
	1.
	Swingline Note payable to Wells Fargo Bank, National Association in the amount of $41,666,666.67 dated April 30, 2019.

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