SEC Contract Filing

Filing Date: 2024-04-15

Document Content:
<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>3
<FILENAME>tanger-2024fiftharliquid.htm
<DESCRIPTION>EX-10.2
<TEXT>
<HTML>
<HEAD><!-- Document generated by Workiva Inc -->
<TITLE>tanger-2024fiftharliquid</TITLE>
</HEAD>
<BODY bgcolor="white">
<DIV align="center">
<DIV style="margin-left:1em;width:1055;"><!-- tanger-2024fiftharliquid001.jpg -->
<DIV style="padding-top:2em;">
<IMG src="tanger-2024fiftharliquid001.jpg" title="slide1" width="1055" height="1365">
<DIV><FONT size="1" style="font-size:1pt;color:white"> 169525926v6 FIFTH AMENDED AND RESTATED LIQUIDITY CREDIT AGREEMENT Dated as of April 12, 2024 Among TANGER PROPERTIES LIMITED PARTNERSHIP, as the Borrower, BANK OF AMERICA, N.A., as Administrative Agent, and The Other Lenders Party Hereto </FONT></DIV>
<P><HR noshade><P>
<DIV style="page-break-before:always;">&nbsp;</DIV>
</DIV>
<!-- tanger-2024fiftharliquid002.jpg -->
<DIV style="padding-top:2em;">
<IMG src="tanger-2024fiftharliquid002.jpg" title="slide2" width="1055" height="1365">
<DIV><FONT size="1" style="font-size:1pt;color:white">TABLE OF CONTENTS Page - i- 169525926v6 ARTICLE I DEFINITIONS AND ACCOUNTING TERMS ..................................................................................... 1 1.01 Defined Terms. ............................................................................................................................... 1 1.02 Other Interpretive Provisions ........................................................................................................ 25 1.03 Accounting Terms. ........................................................................................................................ 25 1.04 Rounding. ...................................................................................................................................... 26 1.05 Performance of Delivery Obligations Under Corporate Credit Facility. ....................................... 26 1.06 Times of Day ................................................................................................................................. 26 1.07 Applicable Rate Redeterminations. ............................................................................................... 26 1.08 Interest Rates. ................................................................................................................................ 27 ARTICLE II THE COMMITMENTS AND CREDIT EXTENSIONS ..................................................................... 27 2.01 Committed Loans. ......................................................................................................................... 27 2.02 Borrowings and Conversions of Committed Loans. ..................................................................... 27 2.03 [Intentionally Omitted]. ................................................................................................................ 28 2.04 [Intentionally Omitted]. ................................................................................................................ 28 2.05 [Intentionally Omitted]. ................................................................................................................ 28 2.06 Prepayments .................................................................................................................................. 28 2.07 Termination or Reduction of Commitments. ................................................................................ 28 2.08 Repayment of Loans. .................................................................................................................... 29 2.09 Interest. ......................................................................................................................................... 29 2.10 Fees. .............................................................................................................................................. 30 2.11 Computation of Interest and Fees. ................................................................................................ 30 2.12 Evidence of Debt. .......................................................................................................................... 30 2.13 Payments Generally; Administrative Agent&#8217;s Clawback. ............................................................. 31 2.14 Sharing of Payments by Lenders. .................................................................................................. 32 2.15 Extension of Maturity Date. .......................................................................................................... 33 2.16 [Intentionally Omitted]. ................................................................................................................ 34 2.17 [Intentionally Omitted]. ................................................................................................................ 34 2.18 Defaulting Lenders. ....................................................................................................................... 34 2.19 ESG Amendment; Sustainability Coordinator &#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;.. 35 ARTICLE III TAXES, YIELD PROTECTION AND ILLEGALITY ...................................................................... 35 3.01 Taxes. ............................................................................................................................................ 36 3.02 [Intentionally Omitted]. ................................................................................................................ 39 3.03 [Intentionally Omitted]. ................................................................................................................ 39 3.04 Increased Costs. ............................................................................................................................ 39 3.05 Compe