Document:

Exhibit
10.2

GUARANTY

GUARANTY
(as the same may be amended, supplemented or otherwise modified from time to
time, this “Guaranty”), dated as of April
20, 2007, by and among each of the Subsidiaries listed on Schedule I hereto
(collectively, the “Subsidiary Guarantors”) and
BANK OF AMERICA, N.A., as administrative agent (in such capacity, the “Administrative Agent”) on behalf of
the Lenders under and as defined in the Loan Agreement (hereinafter defined).

RECITALS

I.                                         Reference
is made to that certain Revolving Credit Agreement, dated as of April 20, 2007,
by and among Super IntermediateCo LLC, a Maryland limited liability company
(the “Borrower”), Bank of America,
N.A., individually and as administrative agent, and the lenders party thereto
(as the same may have been otherwise amended, restated, supplemented or
modified from time to time prior to the date hereof, the “Credit
Agreement”).

II.                                     The
Administrative Agent and the Lenders have made it a condition precedent to the
effectiveness of the Credit Agreement that each Subsidiary Guarantor execute
and deliver this Guaranty.

III.                                 Each
Subsidiary Guarantor expects to derive substantial benefit from the Credit
Agreement and the transactions contemplated thereby and, in furtherance
thereof, has agreed to execute and deliver this Guaranty.

Therefore,
in consideration of the Recitals, the terms and conditions herein contained and
other good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, each of the Subsidiary Guarantors and the Administrative
Agent hereby covenant and agree as follows:

1.                                       Defined
Terms

(a)                                  Capitalized
terms used herein which are not otherwise defined herein shall have the
respective meanings ascribed thereto in the Credit Agreement.

(b)                                 When
used in this Guaranty, the following capitalized terms shall have the
respective meanings ascribed thereto as follows:

“Borrower Obligations” means all present and
future obligations and liabilities, whether deemed principal, interest,
additional interest, fees, expenses or otherwise of the Borrower to the
Administrative Agent and the Lenders, including, without limitation, all
obligations under (i) the Credit Agreement, (ii) the Notes (including, without
limitation, the Revolving Credit Notes, the Swing Loan Note and the Competitive
Advance Notes), (iii) the Letters of Credit, and (iv) all other Loan Documents.

“Guarantor Obligations” means, with respect to
each Subsidiary Guarantor, all of the obligations and liabilities of such
Subsidiary Guarantor hereunder, whether fixed, contingent, now existing or
hereafter arising, created, assumed, incurred or acquired.

2.                                       Guarantee

(a)                                  Subject
to Section 2(b), each Subsidiary Guarantor hereby absolutely, irrevocably and
unconditionally guarantees the full and prompt payment when due (whether at
stated maturity, by acceleration or otherwise) of the Borrower
Obligations.  The agreements of each
Subsidiary Guarantor in this Guaranty constitute a guarantee of payment, and no
Credit Party shall have any obligation to enforce any Loan Document or exercise
any right or remedy with respect to any collateral security thereunder by any
action, including making or perfecting any claim against any Person or any
collateral security for any of the Borrower Obligations prior to being entitled
to the benefits of this Guaranty.  The
Administrative Agent may, at its option, proceed against the Subsidiary
Guarantors, or any one or more of them, in the first instance, to enforce the
Guarantor Obligations without first proceeding against the Borrower or any
other Person, and without first resorting to any other rights or remedies, as
the Administrative Agent may deem advisable. 
In furtherance hereof, if any Credit Party is prevented by law from
collecting or otherwise hindered from collecting or otherwise enforcing any
Borrower Obligation in accordance with its terms, such Credit Party shall be
entitled to receive hereunder from the Subsidiary Guarantors after demand 

therefor, the sums
which would have been otherwise due had such collection or enforcement not been
prevented or hindered.

(b)                                 Notwithstanding
anything to the contrary contained herein, the maximum aggregate amount of the
obligations of each Subsidiary Guarantor hereunder shall not, as of any date of
determination, exceed the lesser of the greatest amount that is valid and
enforceable against such Subsidiary Guarantor under principles of New York
State contract law and the greatest amount that would not render such
Subsidiary Guarantor’s liability hereunder subject to avoidance as a fraudulent
transfer or conveyance under Section 548 of Title 11 of the United States Code
or any provisions of applicable state law (collectively, the “Fraudulent
Transfer Laws”), in each case after giving effect to all other liabilities of
such Subsidiary Guarantor, contingent or otherwise, that are relevant under the
Fraudulent Transfer Laws (specifically excluding, however, any liability (A) in
respect of intercompany indebtedness to the Borrower or any Affiliate or
Subsidiary of the Borrower, to the extent that such intercompany indebtedness
would be discharged to the extent payment is made by such Subsidiary Guarantor
hereunder, and (B) under any guarantee of (1) senior unsecured indebtedness or
(2) indebtedness subordinated in right of payment to any Borrower Obligation,
in either case which contains a limitation as to maximum liability similar to
that set forth in this Section 2(b) and pursuant to which the liability of such
Subsidiary Guarantor hereunder is included in the liabilities taken into
account in determining such maximum liability) and after giving effect as
assets to the value (as determined under the applicable provisions of the
Fraudulent Transfer Laws) of any rights to subrogation, contribution,
reimbursement, indemnity or similar rights of such Subsidiary Guarantor
pursuant to applicable law or any agreement providing for an equitable
allocation among such Subsidiary Guarantor and other Affiliates or Subsidiaries
of the Borrower of obligations arising under guarantees by such parties.

(c)                                  Each
Subsidiary Guarantor agrees that the Guarantor Obligations may at any time and
from time to time exceed the maximum aggregate amount of the obligations of
such Subsidiary Guarantor hereunder without impairing this Guaranty or
affecting the rights and remedies of any Credit Party hereunder.

3.                                       Absolute
Obligation

Except
as provided by Section 8.2, 10.12 and 11.1 of the Credit Agreement, no
Subsidiary Guarantor shall be released from liability hereunder unless and
until the Commitments of the Lenders have terminated and either (i) the
Borrower shall have paid in full the outstanding principal balance of the
Loans, together with all accrued and unpaid interest thereon, and all other
amounts then due and owing under the Loan Documents, or (ii) the Guarantor
Obligations of such Subsidiary Guarantor shall have been paid in full in
cash.  Each Subsidiary Guarantor
acknowledges and agrees that (a) no Credit Party has made any representation or
warranty to such Subsidiary Guarantor with respect to the Borrower, any of its Subsidiaries,
any Loan Document, or any agreement, instrument or document executed or
delivered in connection therewith, or any other matter whatsoever, and (b) such
Subsidiary Guarantor shall be liable hereunder, and such liability shall not be
affected or impaired, irrespective of (A) the validity or enforceability of any
Loan Document, or any agreement, instrument or document executed or delivered
in connection therewith, or the collectability of any of the Borrower
Obligations, (B) the preference or priority ranking with respect to any of the
Borrower Obligations, (C) the existence, validity, enforceability or perfection
of any security interest or collateral security under any Loan Document, or the
release, exchange, substitution or loss or impairment of any such security
interest or collateral security, (D) any failure, delay, neglect or omission by
any Credit Party to realize upon or protect any direct or indirect collateral
security, indebtedness, liability or obligation, any Loan Document, or any agreement,
instrument or document executed or delivered in connection therewith, or any of
the Borrower Obligations, (E) the existence or exercise of any right of set-off
by any Credit Party, (F) the existence, validity or enforceability of any other
guarantee with respect to any of the Borrower Obligations, the liability of any
other Person in respect of any of the Borrower Obligations, or the release of
any such Person or any other guarantor of any of the Borrower Obligations, (G)
any act or omission of any Credit Party in connection with the administration
of any Loan Document or any of the Borrower Obligations, (H) the bankruptcy,
insolvency, reorganization or receivership of, or any other proceeding for the
relief of debtors commenced by or against, any Person, (I) the disaffirmance or
rejection, or the purported disaffirmance or purported rejection, of any of the
Borrower Obligations, any Loan Document, or any agreement, instrument or
document executed or delivered in connection therewith, in any bankruptcy,
insolvency, reorganization or receivership, or any other proceeding for the
relief of debtor, relating to any Person, (J) any law, regulation or decree now
or hereafter in effect which might in any manner affect any of the terms or
provisions of any Loan Document, or any agreement, instrument or document
executed or delivered in connection therewith or any of the Borrower
Obligations, or which might cause or permit to be invoked any alteration in the
time, amount, manner or payment or performance of any of the Borrower’s 

obligations and
liabilities (including the Borrower Obligations), (K) the merger or
consolidation of the Borrower into or with any Person, (L) the sale by the
Borrower of all or any part of its assets, (M) the fact that at any time and from
time to time none of the Borrower Obligations may be outstanding or owing to
any Credit Party, (N) any amendment or modification of, or supplement to, any
Loan Document, or (O) any other reason or circumstance which might otherwise
constitute a defense available to or a discharge of the Borrower in respect of
its obligations or liabilities (including the Borrower Obligations) or of such
Subsidiary Guarantor in respect of any of the Guarantor Obligations (other than
by the performance in full thereof).

4.                                       Representations
and Warranties

(a)                                  Each
of the Subsidiary Guarantors represents and warrants as to itself that all
representations and warranties relating to it contained in the Credit Agreement
are true and correct.

(b)                                 Each
of the Subsidiary Guarantors represents and warrants as to itself that it has
full legal power and authority to enter into, execute, deliver and perform the
terms of this Guaranty, all of which have been duly authorized by all proper
and necessary corporate or trust action.

(c)                                  Each
of the Subsidiary Guarantors represents and warrants as to itself that this
Guaranty constitutes the valid and legally binding obligations of such
Subsidiary Guarantor, and is enforceable in accordance with its terms, except
as such enforceability may be limited by applicable bankruptcy, insolvency,
reorganization, or other similar laws affecting the enforcement of creditors’
rights generally; and that the execution, delivery and performance by such
Subsidiary Guarantor of this Guaranty does not violate the provisions of any
applicable statute, law, rule or regulation of any Governmental Authority.

(d)                                 Each
of the Subsidiary Guarantors represents and warrants as to itself that no
consent, authorization or approval of, filing with, notice to, or exemption by,
stockholders, any Governmental Authority or any other Person not obtained is
required to be obtained by such Subsidiary Guarantor to authorize, or is
required in connection with, the execution, delivery and performance of this
Guaranty or is required to be obtained by such Subsidiary Guarantor as a
condition to the validity or enforceability of this Guaranty.

5.                                       Notices

Except
as otherwise specifically provided herein, all notices, requests, consents,
demands, waivers and other communications hereunder shall be in writing
(including facsimile) and shall be given in the manner set forth in Section
11.2 of the Credit Agreement (i) in the case of the Administrative Agent, to
the address set forth in Section 11.2 of the Credit Agreement, (ii) in the case
of a Subsidiary Guarantor, to the address set forth in Schedule I hereto, or
(iii) in the case of each party hereto, to such other addresses as to which the
Administrative Agent may be hereafter notified by the respective parties
hereto.

6.                                       Expenses

Each
Subsidiary Guarantor agrees that it shall, promptly after demand, pay to the
Administrative Agent any and all reasonable out-of-pocket sums,
costs and expenses, which any Credit Party may pay or incur defending,
protecting or enforcing this Guaranty (whether suit is instituted or not),
reasonable attorneys’ fees and disbursements. 
All sums, costs and expenses which are due and payable pursuant to this
Section shall bear interest, payable on demand, at the highest rate then
payable on the Borrower Obligations.

7.                                       Repayment
in Bankruptcy, etc.

If,
at any time or times subsequent to the payment of all or any part of the
Borrower Obligations or the Guarantor Obligations, any Credit Party shall be
required to repay any amounts previously paid by or on behalf of the Borrower
or any Subsidiary Guarantor in reduction thereof by virtue of an order of any
court having jurisdiction in the premises, including as a result of an
adjudication that such amounts constituted preferential payments or fraudulent
conveyances, this Guaranty shall be reinstated with respect to such amounts and
the Subsidiary Guarantors unconditionally agree to pay to the Administrative
Agent, within 10 days after demand, a sum in cash equal to the amount of such
repayment, together with interest on such amount from the date of such
repayment by 

such Credit Party
to the date of payment to the Administrative Agent at the applicable after-maturity
rate set forth in the Credit Agreement.

8.                                       Miscellaneous

(a)                                  Except
as otherwise expressly provided in this Guaranty, each Subsidiary Guarantor
hereby waives presentment, demand for payment, notice of default,
nonperformance and dishonor, protest and notice of protest of or in respect of
this Guaranty, the other Loan Documents and the Borrower Obligations, notice of
acceptance of this Guaranty and reliance hereupon by any Credit Party, and the
incurrence of any of the Borrower Obligations, notice of any sale of collateral
security or any default of any sort.

(b)                                 No
Subsidiary Guarantor is relying upon any Credit Party to provide to such
Subsidiary Guarantor any information concerning the Borrower or any of its
Subsidiaries, and each Subsidiary Guarantor has made arrangements satisfactory
to such Subsidiary Guarantor to obtain from the Borrower on a continuing basis such
information concerning the Borrower and its Subsidiaries as such Subsidiary
Guarantor may desire.

(c)                                  Each
Subsidiary Guarantor agrees that any statement of account with respect to the
Borrower Obligations from any Credit Party to the Borrower which binds the
Borrower shall also be binding upon such Subsidiary Guarantor, and that copies
of said statements of account maintained in the regular course of or such
Credit Party’s business may be used in evidence against such Subsidiary
Guarantor in order to establish its Guarantor Obligations.

(d)                                 Each
Subsidiary Guarantor acknowledges that it has received a copy of the Loan
Documents and has approved of the same. 
In addition, each Subsidiary Guarantor acknowledges having read each
Loan Document and having had the advice of counsel in connection with all
matters concerning its execution and delivery of this Guaranty.

(e)                                  This
Guaranty shall be binding upon each Subsidiary Guarantor and its successors and
inure to the benefit of, and be enforceable by the Administrative Agent,
Lenders and their respective successors, transferees and assigns.  No Subsidiary Guarantor may assign any right,
or delegate any duty, it may have under this Guaranty.

(f)                                    Subject
to the limitations set forth in Section 2(b), the Guarantor Obligations shall
be joint and several.

(g)                                 This
Guaranty is the “Guaranty” referred to in the Credit Agreement, and is subject
to, and should be construed in accordance with, the provisions thereof.  Each of the parties hereto acknowledges and
agrees that the following provisions of the Credit Agreement are made
applicable to this Guaranty and all such provisions are incorporated by
reference herein as if fully set forth herein, including Sections 1 (Definitions), 2.11 (Taxes; Net Payments),
9.1 (Events of Default), 11.1 (Amendments and Waivers), 11.3 (No Waiver;
Cumulative Remedies), 11.5 (Payment of Expenses and
Taxes), 11.7 (Successors and Assigns),
11.9 (Counterparts), 11.12 (Indemnity), 11.13 (Governing Law),
11.14, (Headings Descriptive), 11.15 (Severability), 11.16 (Integration),
11.17 (Consent to Jurisdiction), 11.18 (Service of Process), 11.19 (No
Limitation on Service or Suit) and 11.20 (WAIVER OF
TRIAL BY JURY) thereof.

(h)                                 Each
Subsidiary Guarantor agrees that (i) the execution and delivery of a Guaranty
by any Required Additional Guarantor after the date hereof shall not affect the
obligations of the Subsidiary Guarantors hereunder, and (ii) the Subsidiary
Guarantors and each such Required Additional Guarantor shall, subject to
Section 2(b), be jointly and severally liable for all of the Borrower
Obligations.

(i)                                     If,
notwithstanding the provisions of Section 8(g) above, this Guaranty is deemed
to be governed by California law, then the following shall apply but shall not
in any way limit the generality of any other provisions contained in this
Guaranty.

The
Subsidiary Guarantors hereby waive (a) any defense of the Subsidiary Guarantors
based upon a Credit Party’s election of any remedy against the Subsidiary
Guarantors or Borrower or both; (b) any defense based upon a Credit Party’s
failure to disclose to the Subsidiary Guarantors any information concerning
Borrower’s financial 

condition or any
other circumstances bearing on Borrower’s ability to pay all sums payable under
the Loan Documents; (c) any defense based upon any statute or rule of law
which provides that the obligation of a surety must be neither larger in amount
nor in any other respects more burdensome than that of a principal;
(d) any defense based upon a Credit Party’s election, in any proceeding
instituted under Title 11, U.S.C.A., as amended from time to time or any
successor thereto (the “Bankruptcy Code”), of the application of Section
1111(b)(2) of the Bankruptcy Code or any successor statute; (e) any right
of subrogation, any right to enforce any remedy which a Credit Party may have
against Borrower and any right to participate in, or benefit from, any security
for any of the Loan Documents now or hereafter held by the Credit Parties; and
(f) benefit of any statute of limitations affecting the liability of the
Subsidiary Guarantors hereunder or the enforcement hereof.  Without limiting the generality of the
foregoing or any other provision hereof, the Subsidiary Guarantors expressly
waive any and all benefits which might otherwise be available to the Subsidiary
Guarantors under Sections 2787 to 2855, inclusive, of the California Civil
Code, including without limitation, Sections 2809, 2810, 2819, 2839, 2845, 2849
and 2850, and all benefits which might otherwise be available to the Subsidiary
Guarantors under Sections 2899 and 3433 of the California Civil Code and the
California Code of Civil Procedure Sections 580a, 580b, 580d and 726, or any of
such sections.  Furthermore, without
limitation of any waiver otherwise set forth herein, the Subsidiary Guarantors
waive all rights and defenses arising out of an election of remedies by the
Credit Parties even though that election of remedies, such as a nonjudicial
foreclosure with respect to the security for a guaranteed obligation, has destroyed
the Subsidiary Guarantors’ rights of subrogation and reimbursement against the
principal by operation of Section 580d of the California Code of Civil
Procedure or otherwise.

[SIGNATURES
COMMENCE ON FOLLOWING PAGE]

IN EVIDENCE of the
agreement by the parties hereto to the terms and conditions herein contained,
each such party has caused this Guaranty to be duly executed on its behalf.

	
  SUBSIDIARY GUARANTORS:

  	
  NEW PLAN REALTY TRUST, LLC a Delaware limited 

  liability company

  
	
   

  	
   

  
	
   

  	
  By:

  	
    /s/ Basil S. Donnelly

  	
   

  
	
   

  	
  Name:

  	
    Basil S. Donnelly

  	
   

  
	
   

  	
  Title:

  	
    Vice President

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  EXCEL REALTY TRUST - ST, LLC, a Delaware Limited
  

  Liability Company

  
	
   

  	
   

  
	
   

  	
  By:

  	
    /s/ Basil S. Donnelly

  	
   

  
	
   

  	
  Name:

  	
    Basil S. Donnelly

  	
   

  
	
   

  	
  Title:

  	
    Vice President

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  NEW PLAN FLORIDA HOLDINGS, LLC, a Delaware 

  Limited Liability Company

  
	
   

  	
   

  
	
   

  	
  By:

  	
    /s/ Steven F. Siegel

  	
   

  
	
   

  	
  Name:

  	
    Steven F. Siegel

  	
   

  
	
   

  	
  Title:

  	
    EVP, General Counsel and Secretary

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  CA NEW PLAN ASSET PARTNERSHIP IV, L.P., a
  Delaware 

  limited partnership

  
	
   

  	
   

  
	
   

  	
  By:

  	
  CA New Plan Asset, Inc., a Delaware corporation, its
  sole 

  general partner

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
    /s/ Steven F. Siegel

  	
   

  
	
   

  	
   

  	
  Name:

  	
    Steven F. Siegel

  	
   

  
	
   

  	
   

  	
  Title:

  	
    EVP, General Counsel and Secretary

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  EXCEL REALTY TRUST-NC, a North Carolina general 

  partnership

  
	
   

  	
   

  
	
   

  	
  By:

  	
  NC Properties #1 Inc., a Delaware corporation, its
  managing 

  partner

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
    /s/ Steven F. Siegel

  	
   

  
	
   

  	
   

  	
  Name:

  	
    Steven F. Siegel

  	
   

  
	
   

  	
   

  	
  Title:

  	
    EVP, General Counsel and Secretary

  	
   

  
													

 

 

[Signature
page to follow.]

 

	
  

  	
  NP OF TENNESSEE, L.P., a Delaware limited
  partnership

  
	
   

  	
   

  
	
   

  	
  By:

  	
  New Plan of Tennessee, Inc., a Delaware corporation,
  its 

  sole general partner

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
    /s/ Steven F. Siegel

  	
   

  
	
   

  	
   

  	
  Name:

  	
    Steven F. Siegel

  	
   

  
	
   

  	
   

  	
  Title:

  	
    EVP, General Counsel and Secretary

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  POINTE ORLANDO DEVELOPMENT COMPANY, a California
  general partnership

  
	
   

  	
   

  
	
   

  	
  By:

  	
  ERT Development Corporation, a Delaware corporation,
  

  general partner

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
    /s/ Steven F. Siegel

  	
   

  
	
   

  	
   

  	
  Name:

  	
    Steven F. Siegel

  	
   

  
	
   

  	
   

  	
  Title:

  	
    EVP, General Counsel and Secretary

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  ERT Pointe Orlando, Inc., a New York Corporation, a
  New 

  York corporation, general partner

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
    /s/ Steven F. Siegel

  	
   

  
	
   

  	
   

  	
  Name:

  	
    Steven F. Siegel

  	
   

  
	
   

  	
   

  	
  Title:

  	
    EVP, General Counsel and Secretary

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  CA NEW PLAN TEXAS ASSETS, L.P., a Delaware
  limited 

  partnership

  
	
   

  	
   

  
	
   

  	
  By:

  	
  CA New Plan Floating Rate SPE, Inc., a Delaware 

  corporation, its sole general partner

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
    /s/ Steven F. Siegel

  	
   

  
	
   

  	
   

  	
  Name:

  	
    Steven F. Siegel

  	
   

  
	
   

  	
   

  	
  Title:

  	
    EVP, General Counsel and Secretary

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  HK NEW PLAN EXCHANGE PROPERTY OWNER I, LLC, a 

  Delaware limited liability company

  
	
   

  	
   

  
	
   

  	
  By:

  	
    /s/ Steven F. Siegel

  	
   

  
	
   

  	
  Name:

  	
    Steven F. Siegel

  	
   

  
	
   

  	
  Title:

  	
    EVP, General Counsel and Secretary

  	
   

  
												

 

 

	
  

  	
  HK NEW PLAN EXCHANGE PROPERTY OWNER II, L.P., 

  a Delaware limited partnership

  
	
   

  	
   

  
	
   

  	
  By:

  	
  HK New Plan Lower Tier OH, LLC, a Delaware limited
  liability company, its general partner

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
    /s/ Steven F. Siegel

  	
   

  
	
   

  	
   

  	
  Name:

  	
    Steven F. Siegel

  	
   

  
	
   

  	
   

  	
  Title:

  	
    EVP, General Counsel and Secretary

  	
   

  
	
   

  	
   

  
	
   

  	
  NEW PLAN OF ILLINOIS, LLC, a Delaware limited
  liability 

  company

  
	
   

  	
   

  
	
   

  	
  By:

  	
    /s/ Steven F. Siegel

  	
   

  
	
   

  	
  Name:

  	
    Steven F. Siegel

  	
   

  
	
   

  	
  Title:

  	
    EVP, General Counsel and Secretary

  	
   

  
	
   

  	
   

  
	
   

  	
  NEW PLAN PROPERTY HOLDING COMPANY, a Maryland 

  real estate investment trust

  
	
   

  	
   

  
	
   

  	
  By:

  	
    /s/ Steven F. Siegel

  	
   

  
	
   

  	
  Name:

  	
    Steven F. Siegel

  	
   

  
	
   

  	
  Title:

  	
    EVP, General Counsel and Secretary

  	
   

  
	
   

  	
   

  
	
   

  	
  NEW PLAN OF MICHIGAN, LLC, a Delaware limited 

  liability company

  
	
   

  	
   

  
	
   

  	
  By:

  	
    /s/ Steven F. Siegel

  	
   

  
	
   

  	
  Name:

  	
    Steven F. Siegel

  	
   

  
	
   

  	
  Title:

  	
    EVP, General Counsel and Secretary

  	
   

  
										

 

 

	
  

  	
  BANK OF AMERICA, N.A., as Administrative 

  Agent

  
	
   

  	
   

  
	
   

  	
  By:

  	
    /s/ Mark A. Mokelke

  	
   

  
	
   

  	
  Name:

  	
    Mark A. Mokelke

  	
   

  
	
   

  	
  Title:

  	
    Vice President

  	
   

  
						

 

SCHEDULE I
 TO GUARANTY

SUBSIDIARY
GUARANTORS

UNDER GUARANTY
DATED AS OF APRIL 20, 2007

	
  Name

  	
   

  	
  Jurisdiction of 

  Incorporation or Formation

  	
   

  	
  Address for Notices

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  New Plan Realty
  Trust, LLC

  	
   

  	
  Delaware

  	
   

  	
  c/o Super IntermediateCo LLC

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Excel Realty
  Trust-ST, LLC

  	
   

  	
  Delaware

  	
   

  	
  c/o Super IntermediateCo LLC

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  New Plan Florida
  Holdings, LLC

  	
   

  	
  Delaware

  	
   

  	
  c/o Super IntermediateCo LLC

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  CA New Plan
  Asset Partnership IV, L.P.

  	
   

  	
  Delaware

  	
   

  	
  c/o Super IntermediateCo LLC

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Excel Realty
  Trust – NC

  	
   

  	
  North Carolina

  	
   

  	
  c/o Super IntermediateCo LLC

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  NP of Tennessee,
  L.P.

  	
   

  	
  Delaware

  	
   

  	
  c/o Super IntermediateCo LLC

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Pointe Orlando
  Development Company

  	
   

  	
  California

  	
   

  	
  c/o Super IntermediateCo LLC

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  CA New Plan
  Texas Assets, L.P.

  	
   

  	
  Delaware

  	
   

  	
  c/o Super IntermediateCo LLC

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  HK New Plan
  Exchange Property Owner I, LLC

  	
   

  	
  Delaware

  	
   

  	
  c/o Super IntermediateCo LLC

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  HK New Plan
  Exchange Property Owner II, LP

  	
   

  	
  Delaware

  	
   

  	
  c/o Super IntermediateCo LLC

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  New Plan of
  Illinois, LLC

  	
   

  	
  Delaware

  	
   

  	
  c/o Super IntermediateCo LLC

  

 

 

	
  Name

  	
   

  	
  Jurisdiction of 

  Incorporation or Formation

  	
   

  	
  Address for Notices

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  New Plan
  Property Holding Company

  	
   

  	
  Maryland

  	
   

  	
  c/o Super IntermediateCo LLC

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  New Plan of
  Michigan, LLC

  	
   

  	
  Delaware

  	
   

  	
  c/o Super IntermediateCo LLCExhibit
10.3

FIRST AMENDMENT TO
REVOLVING CREDIT AGREEMENT

THIS FIRST AMENDMENT TO REVOLVING CREDIT AGREEMENT
dated as of June 14, 2007 (the “First Amendment”), is by and among
CENTRO NP LLC, a Delaware limited liability company (formerly known as Super IntermediateCo
LLC), (the “Borrower”)
BANK OF AMERICA, N.A., as Administrative Agent for the Lenders under the
Revolving Credit Agreement referenced below (in such capacity, the “Administrative
Agent”) and the Lenders to such Revolving Credit Agreement, and is an
amendment to that certain Revolving Credit Agreement dated as of April 20, 2007
by and among the Borrower, the Lenders and the Administrative Agent (the “Revolving
Credit Agreement”).  Capitalized
terms used herein and not otherwise defined shall have the meanings assigned to
such terms in the Revolving Credit Agreement.

W I T N E S
S E T H

WHEREAS, the Borrower, the Lenders, and the
Administrative Agent have agreed to amend the Revolving Credit Agreement on the
terms and conditions set forth herein; and

WHEREAS, each of the Guarantors under that certain
Guaranty dated as of April 20, 2007, has executed this First Amendment as
evidence of such Guarantor’s consent to the amendment set forth herein and for
the purposes of (a) reaffirming the terms of its Guaranty, (b) making the
representations and warranties set forth herein to the extent applicable to
such Guarantor and (c) for the other purposes referenced herein;

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

1.                                      Amendments to Revolving Credit Agreement.

(a)                                  All references to “Super IntermediateCo LLC”
contained in the Revolving Credit Agreement (and each other Loan Document) are
hereby deemed to be references to “Centro NP LLC.”

(b)                                 All references to the Borrower as a “Maryland
limited liability company” contained in the Revolving Credit Agreement (and
each other Loan Document) are hereby changed to reference the Borrower as a “Delaware
limited liability company.”

(c)                                  The definition of the term “Applicable Margin”
contained in Section 1.1 of the Revolving Credit Agreement is hereby deleted in
its entirety and replaced with the following:

““Applicable Margin”:  (a) with respect to the unpaid principal
balance of Prime Rate Loans or LIBOR Loans, at all times during which the
applicable Pricing Level set forth below is in effect, (b) with respect to the
calculation of the Facility Fee pursuant to Section 3.1, at all times during
which the applicable Pricing Level set forth below is in effect (the “Applicable
Facility Fee Percentage”), and (c) with respect to the calculation of the
Letter of Credit Commission Fees pursuant to Section 2.5(f), at all times
during which the applicable Pricing Level set forth below is in effect, the
respective percentage set forth below next to such Pricing Level:

	
  Pricing Level

  	
   

  	
  LIBOR Loans/

  Letter of Credit

  Commission Fee

  	
   

  	
  Prime Rate Loans

  	
   

  	
  Applicable Facility Fee

  Percentage

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Pricing Level I

  	
   

  	
  0.375

  	
  %

  	
  0

  	
  %

  	
  0.125

  	
  %

  
	
  Pricing Level II

  	
   

  	
  0.425

  	
  %

  	
  0

  	
  %

  	
  0.150

  	
  %

  
	
  Pricing Level
  III

  	
   

  	
  0.550

  	
  %

  	
  0

  	
  %

  	
  0.150

  	
  %

  
	
  Pricing Level IV

  	
   

  	
  0.750

  	
  %

  	
  0

  	
  %

  	
  0.200

  	
  %

  
	
  Pricing Level V

  	
   

  	
  1.000

  	
  %

  	
  0.250

  	
  %

  	
  0.250

  	
  %

  

 

Changes in the Applicable Margin resulting from a
change in a Pricing Level shall become effective as of the opening of business
upon the date of any change in the Senior Debt Rating of the Borrower (or, if
applicable, NXL, as determined in accordance with the definition of the term “Senior
Debt Rating”), as determined by S&P, Moody’s and/or Fitch, as the case may
be, which would affect the applicable Pricing Level.”

(c)                                  The definition of the term “Excepted Mortgage
Indebtedness” contained in Section 1.1 of the Revolving Credit Agreement is
hereby deleted in its entirety and replaced with the following:

““Excepted Mortgage
Indebtedness”: means any mortgage Indebtedness of the Borrower or any of
its Subsidiaries pursuant to which a default or event of default has arisen
solely as a result of the Merger or Liquidation and the transactions related
thereto but which has not been accelerated or otherwise the subject of a demand
in accordance with the terms of such Indebtedness for prepayment prior to
maturity.”

(d)                                 The definition of the term “Senior Debt Rating”
contained in Section 1.1 of the Revolving Credit Agreement is hereby deleted in
its entirety and replaced with the following:

““Senior
Debt Rating”: the senior unsecured non-credit-enhanced
debt rating of the Borrower as determined by S&P, Moody’s and/or Fitch from
time to time; provided, that (a) if the Borrower receives only two ratings and
these ratings are not equivalent, the Pricing Level is determined by the higher
of the two ratings; (b) if the Borrower receives more than two ratings, the
Pricing Level is determined by the second highest rating and (c) if the Borrower fails to maintain a Senior Debt Rating from at
least two of S&P, Moody’s or Fitch, the Pricing Level would be the rating
level at less than BBB-/Baa3; provided, that if the Borrower has not yet
been rated by any such service, then the latest rating, if any, given by any
such service to NXL shall be used in determining the Borrower’s rating from
such service for purposes hereof.”

(e)                                  Section 5.5 of the Revolving Credit Agreement is
hereby deleted in its entirety and replaced with the following:

“5.5                           Litigation.

Except as disclosed on Schedule
4.5, there shall be no injunction, writ, preliminary restraining order or
other order of any nature issued by any Governmental Authority in any respect
affecting the transactions provided for herein and no action or proceeding by
or before any Governmental Authority shall have been commenced and be pending
or, to the knowledge of the Borrower, threatened, seeking to prevent or delay
the transactions contemplated by the Loan Documents or challenging any other
terms and provisions hereof or thereof or seeking any damages in connection
therewith.”

(f)                                    Section 7.1(c) of the Revolving Credit Agreement
is hereby deleted in its entirety and replaced with the following:

“(c)                            Quarterly
Statements.  As soon as available,
but in any event within 60 days after the end of the first three fiscal
quarters of each year of the Borrower (except in the case of the first fiscal
quarter occurring during calendar year 2007, for which quarter the outside date
for delivery shall be the date which is 120 days following the end of such
quarter), a copy of the unaudited Consolidated Balance Sheet of the Borrower as
at the end of each such quarterly period, together with the related unaudited
Consolidated Statements of Income and Cash Flows for the elapsed portion of the
fiscal year through the end of such period, setting forth in each case in
comparative form the figures for the corresponding periods of the preceding
fiscal year, certified by the Chief Financial Officer as being true, correct
and complete in all material respects and as presenting fairly the Consolidated
financial condition and the Consolidated results of operations of the Borrower
and its Subsidiaries.”

 2
 

(g)                                 Section 7.1(e) of the Revolving Credit Agreement
is hereby deleted in its entirety and replaced with the following:

“(e)                            Compliance
Certificate.  Concurrently with the
delivery of the financial statements referred to in Sections 7.1(a) and 7.1(c),
a Compliance Certificate, certified by the Chief Financial Officer, or
Treasurer and Vice President, setting forth in reasonable detail the
computations demonstrating whether the Borrower is in compliance with the
provisions of Sections 8.13, 8.14, 8.15, 8.16, 8.17 and 8.18.”

(h)                                 Section 7.12(b) of the Revolving Credit Agreement
is hereby deleted in its entirety and replaced with the following:

“(b)                           Not, at
any time during the term hereof, (i) fail to observe all organizational
formalities and maintain its records, books of account, bank accounts,
financial statements, accounting records and other entity documents separate
and apart from those of any other Person (except that Borrower’s financial
position, assets, liabilities, net worth and operating results may be included
in the consolidated financial statements of an Affiliate; provided that such
consolidated financial statements contain a footnote indicating that Borrower
is a separate legal entity and that it maintains separate books and records),
(ii) commingle its assets with the assets of any Person holding equity
interests of the Borrower or permit any Person holding equity interests of the
Borrower or any other constituent party independent access to its bank
accounts; (iii) maintain its assets in such a manner that it will be costly or
difficult to segregate, ascertain or identify its individual assets from those
of any other Person; (iv) fail either to hold itself out to the public as a
legal entity separate and distinct from any other Person or to conduct its
business solely in its own name or fail to correct any known misunderstanding
regarding its separate identity; (v) fail to maintain adequate capital for the
normal obligations reasonably foreseeable in a business of its size and
character and in light of their contemplated business operations; (vi) without
the unanimous written consent of all of its members (A) file or consent to the
filing of any petition, either voluntary or involuntary, to take advantage of
any Debtor Relief Laws, (B) seek or consent to the appointment of a receiver,
liquidator or any similar official, (C) take any action that might cause such
entity to become insolvent, or (D) make an assignment for the benefit of
creditors; (vii) fail to remain solvent or pay its own liabilities (including,
without limitation, salaries of its own employees) only from its own funds,
provided that there are sufficient funds from the operation of the Property to
do so; (viii) acquire obligations or securities of its members or other
Affiliates, as applicable, except as expressly permitted herein; or (ix) fail
to maintain a sufficient number of employees in light of its contemplated
business operations.”

(i)                                     Section 8.11(c) of the Revolving Credit Agreement
is hereby deleted in its entirety and replaced with the following:

“(c)                            the
Borrower may (i) effect Stock repurchases and redemptions to the extent
permitted by Sections 8.3(l) or 8.3(m) and (ii) in connection with the
Liquidation, make liquidation payments in respect of the Series D and E
preferred shares of the Borrower in amounts not to exceed $276,250,000 plus any
accrued and unpaid dividends owing at the time of the Liquidation or at the
time of the payment of liquidation payments, as applicable, in accordance with
the terms of such preferred shares;”

(j)                                     Section 8.16 of the Revolving Credit Agreement is
hereby deleted in its entirety and replaced with the following:

“8.16                     Indebtedness
to Unencumbered Assets Ratio.

Permit the ratio
of Consolidated Total Indebtedness consisting of Consolidated unsecured
Indebtedness of the Borrower and its Subsidiaries to Unencumbered Asset Value
to, at any time, exceed 60%.”

 3
 

(k)                                  Each
of Exhibits A, B, C, D, E, F, G, H, J, K, L and M to the Revolving Credit
Agreement are hereby deleted in their entirety and replaced with the applicable
Exhibit set forth on Rider A attached hereto.

2.                                      Conditions
Precedent.  The effectiveness of
this First Amendment is subject to receipt by the Administrative Agent of each
of the following, each in form and substance satisfactory to the Administrative
Agent:

(a)                                  a
counterpart of this First Amendment duly executed by the Borrower, each of the
Guarantors, each of the Lenders and the Administrative Agent;

(b)                                 payment
by Borrower of all outstanding fees and expenses of the Administrative Agent
and the Administrative Agent’s counsel payable in accordance with the Revolving
Credit Agreement and this First Amendment;
and

(c)                                  such
other documents, instruments and agreements as the Administrative Agent may
reasonably request.

3.                                      Representations.  The Borrower and each of the Guarantors
collectively represent and warrant to the Administrative Agent and the Lenders
that:

(a)                                  Authorization.  The Borrower and each of the Guarantors,
respectively, has the right and power and has obtained all authorizations
necessary to execute and deliver this First Amendment and to perform its
respective obligations hereunder and under the Revolving Credit Agreement, as
amended by this First Amendment, in accordance with their respective terms,
except to the extent the failure would not reasonably be expected to have a
Material Adverse Effect.  This First
Amendment has been duly executed and delivered by a duly authorized officer of
the Borrower and each Guarantor, respectively, and each of this First Amendment
and the Revolving Credit Agreement, as amended by this First Amendment, is a
legal, valid and binding obligation of the Borrower and each Guarantor (each as
applicable), enforceable against the Borrower and each Guarantor (each as
applicable) 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 by equitable principles generally.

(b)                                 Compliance
with Laws, etc.  The execution and
delivery by the Borrower and each of the Guarantors of this First Amendment and
the performance by the Borrower and/or the Guarantors of this First Amendment
and the Revolving Credit Agreement, as amended by this First Amendment, in
accordance with their respective terms, does not and will not, by the passage
of time, the giving of notice or otherwise (except to the extent the failure,
violation, breach or default would not reasonably be expected to have a
Material Adverse Effect): (i) require any approval (other than those already
obtained) by any Governmental Authority or violate any law which is applicable
to the Borrower, any Guarantor, any Financial Covenant Party, the Loan
Documents or the transactions contemplated herein or therein; (ii) conflict
with, result in a breach of or constitute a default under the organizational
documents of the Borrower, any of the Guarantors or any other Financial
Covenant Party, or any indenture, agreement/or other instrument to which the
Borrower, any of the Guarantors or any other Financial Covenant Party is a
party or by which it or any of its respective properties may be bound; 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 the Borrower, any
Guarantor or any other Financial Covenant Party other than in favor of the
Administrative Agent for the benefit of the Lenders; and

(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 First Amendment.

4.                                      Reaffirmation
of Representations.  The Borrower
and each of the Guarantors hereby repeat and reaffirm all representations and
warranties made by such party to the Administrative Agent and the Lenders in
the Revolving Credit Agreement, as amended hereby, and the other Loan Documents
to which it is a party on and as of the date hereof (other than any
representation or warranty expressly relating to an earlier date) with the same
force and effect as if such representations and warranties were set forth in
this First Amendment in full.

 4
 

5.                                      Reaffirmation
of Guaranty.  Each of the
Guarantors hereby reaffirms its continuing obligations to the Administrative
Agent and the Lenders under the Revolving Credit Agreement, as amended hereby,
and, except as amended hereby, agrees that the transactions contemplated by
this First Amendment shall not in any way affect the validity and
enforceability of their respective guaranty obligations thereunder or reduce,
impair or discharge the obligations of such Guarantors thereunder.

6.                                      Severability.  If any provision of this First Amendment or
of the Revolving Credit Agreement, as amended hereby, is held to be illegal,
invalid or unenforceable, (a) the legality, validity and enforceability of the
remaining provisions of this First Amendment or of the Revolving Credit
Agreement, as applicable, shall not be affected or impaired thereby and (b) the
parties shall endeavor in good faith negotiations to replace the illegal,
invalid or unenforceable provisions with valid provisions the economic effect
of which comes as close as possible to that of the illegal, invalid or
unenforceable provisions.  The invalidity
of a provision in a particular jurisdiction shall not invalidate or render
unenforceable such provision in any other jurisdiction.

7.                                      Certain
References.  Each reference to
the Revolving Credit Agreement in any of the Loan Documents shall be deemed to
be a reference to the Revolving Credit Agreement as amended by this First
Amendment and this First Amendment shall be deemed a Loan Document for purposes
of the application of provisions of the Revolving Credit Agreement generally
applicable thereto (including, without limitation, any waiver provisions).

8.                                      Expenses.  The Borrower shall (to the extent not
previously paid pursuant to Section 2(b) above) reimburse the Administrative
Agent upon demand for all reasonable out-of-pocket costs and expenses
(including reasonable attorneys’ fees) incurred by the Administrative Agent in
connection with the preparation, negotiation and execution of this First
Amendment and the other agreements and documents executed and delivered in
connection herewith.

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

10.                               No
Novation. The parties hereto intend this First Amendment to evidence
the amendments to the terms of the existing indebtedness of the Borrower and
Guarantors to the Lenders as specifically set forth herein and do not
intend for such amendments to constitute a novation in any manner whatsoever.

11.                               GOVERNING
LAW.  THIS FIRST AMENDMENT SHALL
BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW
YORK.

12.                               No
Implied Agreements.  Except as
expressly herein amended, the terms and conditions of the Revolving Credit
Agreement and the other Loan Documents remain in full force and effect.  The amendments contained herein shall be
deemed to have prospective application only, unless otherwise specifically
stated herein.

13.                               Counterparts.
This First
Amendment may be executed in any number of counterparts, each of which when so
executed and delivered shall be an original, but all of which shall constitute
one and the same instrument.  It shall not be necessary in making proof of
this First Amendment to produce or account for more than one such counterpart
for each of the parties hereto.  Delivery
by facsimile or scanned copy by electronic mail by any of the parties hereto of
an executed counterpart of this First Amendment shall be as effective as an
original executed counterpart hereof. 
Each counterpart hereof shall be deemed to be an original and shall be
binding upon all parties, their successors and assigns.

14.                                 Binding Effect.   This
First Amendment shall become effective as of the date hereof at such time when
all of the conditions set forth in Section 2 hereof have been satisfied or
waived by the Required Lenders and it shall have been executed by the Borrower,
the Guarantors and the Administrative Agent, and the Administrative Agent shall
have received copies hereof (telefaxed or otherwise) which, when taken
together, bear the signatures of the Required Lenders, and thereafter this
Revolving Credit Agreement shall be binding upon and inure to the benefit of
the Borrower, the Guarantors, the Administrative Agent and each Lender and
their respective successors and assigns.

 5
 

15.                               Release.  Each Credit Party hereby represents and
warrants that it has no claims, counterclaims, offsets, or defenses to the
Revolving Credit Agreement or any of the other Loan Documents, or to the
performance of their respective obligations thereunder and, in consideration of
the Lenders’ and Administrative Agent’s willingness to grant the amendment
referenced herein, hereby releases the Administrative Agent, the Lenders, the
L/C Issuer, the Arranger and each of their respective officers, employees,
representatives, agents, counsel and directors from any and all actions, causes
of action, claims, demands, damages and liabilities of whatever kind or nature,
in law or in equity, now known or unknown, suspected or unsuspected to the
extent that any of the foregoing arises from any action or failure to act on or
prior to the date hereof, except to the extent of the gross negligence or
willful misconduct of any such Person.

16.                               Definitions.
 All capitalized terms not otherwise
defined herein are used herein with the respective definitions given them in
the Revolving Credit Agreement.  The
interpretive provisions set forth in Article I of the Revolving Credit
Agreement, except as modified hereby, shall apply to this First Amendment as
though set forth herein.

[Signature Pages to Follow]

 6

IN WITNESS
WHEREOF, each of the parties hereto has caused a counterpart of this First
Amendment to be duly executed and delivered as of the date written above.

	
  BORROWER:

  	
   

  	
  CENTRO NP LLC, a Delaware limited liability
  company

  
	
   

  	
   

  	
  (formerly known as Super IntermediateCo LLC)

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
     /s/ Steven Siegel

  	
   

  
	
   

  	
   

  	
  Name:

  	
    Steven Siegel

  	
   

  
	
   

  	
   

  	
  Title:

  	
  EVP, General Counsel and Secretary

  	
   

  
	
   

  	
   

  	
   

  
	
  SUBSIDIARY GUARANTORS:

  	
   

  	
  NEW PLAN REALTY TRUST, LLC a Delaware limited 

  
	
   

  	
   

  	
  liability company

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
     /s/ Steven Siegel

  	
   

  
	
   

  	
   

  	
  Name:

  	
    Steven Siegel

  	
   

  
	
   

  	
   

  	
  Title:

  	
  EVP, General Counsel and Secretary

  	
   

  
	
   

  	
   

  	
   

  
	
  

  	
   

  	
  EXCEL REALTY TRUST - ST, LLC, a Delaware limited
  

  
	
   

  	
   

  	
  liability company

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
     /s/ Steven Siegel

  	
   

  
	
   

  	
   

  	
  Name:

  	
    Steven Siegel

  	
   

  
	
   

  	
   

  	
  Title:

  	
  EVP, General Counsel and Secretary

  	
   

  
	
   

  	
   

  	
   

  
	
  

  	
   

  	
  NEW PLAN FLORIDA HOLDINGS, LLC, a Delaware
  limited

  
	
   

  	
   

  	
  liability company

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
     /s/ Steven Siegel

  	
   

  
	
   

  	
   

  	
  Name:

  	
    Steven Siegel

  	
   

  
	
   

  	
   

  	
  Title:

  	
  EVP, General Counsel and Secretary

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  

  	
   

  	
  CA NEW PLAN ASSET PARTNERSHIP IV, L.P., a
  Delaware

  
	
   

  	
   

  	
  limited partnership

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  CA New Plan Asset, Inc., a Delaware corporation, its
  sole 

  
	
   

  	
   

  	
   

  	
  general partner

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
     /s/ Steven Siegel

  	
   

  
	
   

  	
   

  	
  Name:

  	
    Steven Siegel

  	
   

  
	
   

  	
   

  	
  Title:

  	
  EVP, General Counsel and Secretary

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  

  	
   

  	
  EXCEL REALTY TRUST-NC, a North Carolina general

  
	
   

  	
   

  	
  partnership

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  NC Properties #1 Inc., a Delaware corporation, its
  managing 

  
	
   

  	
   

  	
   

  	
  partner

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
     /s/ Steven Siegel

  	
   

  
	
   

  	
   

  	
  Name:

  	
    Steven Siegel

  	
   

  
	
   

  	
   

  	
  Title:

  	
  EVP, General Counsel and Secretary

  	
   

  
															

 

 

	
  

  	
   

  	
  NP OF TENNESSEE, L.P., a Delaware limited
  partnership

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  New Plan of Tennessee, Inc., a Delaware corporation,
  its 

  
	
   

  	
   

  	
   

  	
  sole general partner

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
     /s/ Steven Siegel

  	
   

  
	
   

  	
   

  	
  Name:

  	
    Steven Siegel

  	
   

  
	
   

  	
   

  	
  Title:

  	
  EVP, General Counsel and Secretary

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  

  	
   

  	
  POINTE ORLANDO DEVELOPMENT COMPANY, a

  
	
   

  	
   

  	
  California general partnership

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  ERT Development Corporation, a Delaware corporation,
  

  general partner

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
     /s/ Steven Siegel

  	
   

  
	
   

  	
   

  	
  Name:

  	
    Steven Siegel

  	
   

  
	
   

  	
   

  	
  Title:

  	
  EVP, General Counsel and Secretary

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  

  	
   

  	
  By:

  	
  ERT Pointe Orlando, Inc., a New York Corporation, a
  New 

  
	
   

  	
   

  	
   

  	
  York corporation, general partner

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
     /s/ Steven Siegel

  	
   

  
	
   

  	
   

  	
  Name:

  	
    Steven Siegel

  	
   

  
	
   

  	
   

  	
  Title:

  	
  EVP, General Counsel and Secretary

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  

  	
   

  	
  CA NEW PLAN TEXAS ASSETS, L.P., a Delaware
  limited

  
	
   

  	
   

  	
  partnership

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  CA New Plan Floating Rate SPE, Inc., a Delaware 

  corporation, its sole general partner

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
     /s/ Steven Siegel

  	
   

  
	
   

  	
   

  	
  Name:

  	
    Steven Siegel

  	
   

  
	
   

  	
   

  	
  Title:

  	
  EVP, General Counsel and Secretary

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  

  	
   

  	
  HK NEW PLAN EXCHANGE PROPERTY OWNER I, LLC, a

  
	
   

  	
   

  	
  Delaware limited liability company

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
     /s/ Steven Siegel

  	
   

  
	
   

  	
   

  	
  Name:

  	
    Steven Siegel

  	
   

  
	
   

  	
   

  	
  Title:

  	
  EVP, General Counsel and Secretary

  	
   

  
										

 

 

	
  

  	
   

  	
  HK NEW PLAN EXCHANGE PROPERTY OWNER II, L.P., a

  
	
   

  	
   

  	
  Delaware limited partnership

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  HK New Plan Lower Tier OH, LLC, a Delaware limited 

  
	
   

  	
   

  	
   

  	
  liability company, its general partner

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
     /s/ Steven Siegel

  	
   

  
	
   

  	
   

  	
  Name:

  	
    Steven Siegel

  	
   

  
	
   

  	
   

  	
  Title:

  	
  EVP, General Counsel and Secretary

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  NEW PLAN OF ILLINOIS, LLC, a Delaware limited
  liability 

  
	
   

  	
   

  	
  company

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
     /s/ Steven Siegel

  	
   

  
	
   

  	
   

  	
  Name:

  	
    Steven Siegel

  	
   

  
	
   

  	
   

  	
  Title:

  	
  EVP, General Counsel and Secretary

  	
   

  
									

 

	
  

  	
   

  	
  NEW PLAN PROPERTY HOLDING COMPANY, a Maryland

  
	
   

  	
   

  	
  real estate investment trust

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
     /s/ Steven Siegel

  	
   

  
	
   

  	
   

  	
  Name:

  	
    Steven Siegel

  	
   

  
	
   

  	
   

  	
  Title:

  	
  EVP, General Counsel and Secretary

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  NEW PLAN OF MICHIGAN, LLC, a Delaware limited

  
	
   

  	
   

  	
  liability company

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
     /s/ Steven Siegel

  	
   

  
	
   

  	
   

  	
  Name:

  	
    Steven Siegel

  	
   

  
	
   

  	
   

  	
  Title:

  	
  EVP, General Counsel and Secretary

  	
   

  
						

 

 

	
  ADMINISTRATIVE AGENT/LENDERS:

  	
   

  	
  BANK OF AMERICA, N.A., in its capacity as Administrative

  
	
   

  	
   

  	
  Agent and as the sole
  Lender under the Revolving Credit Agreement

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
     /s/ Mark Mokelke

  	
   

  
	
   

  	
   

  	
  Name:

  	
    /s/ Mark Mokelke

  	
   

  
	
   

  	
   

  	
  Title:

  	
  Vice President

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00127-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00127-of-00352.parquet"}]]