Nnn REIT, Inc 8-K, filed Jun 23, 2026
Nnn REIT, Inc. (NNN)
About this 8-K
Nnn REIT, Inc filed this 8-K on June 23, 2026.
Items reported
- Item 1.01: Entered into a material agreement
- Item 2.03: New debt or off-balance-sheet obligation
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
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(exact name of registrant as specified in its charter)
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(Commission File Number) |
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(I.R.S. Employer Identification No.) |
(Address of principal executive offices, including zip code)
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(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Securities registered pursuant to Section 12(b) of the Act:
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition
period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 1.01. Entry into a Material Definitive Agreement.
NNN REIT, Inc. (the “Company”) entered into that the certain First Amendment to Term Loan Agreement and Agreement Regarding Additional Term Loans dated June 23, 2026 (the “Term Loan Amendment”), with a syndicate of lenders from time to time party thereto and with Wells Fargo Bank, National Association, as the Administrative Agent (the “Administrative Agent”). The Term Loan Amendment amends that certain Term Loan Agreement dated as of December 17, 2025 by and among the Company, the lenders from time to time party thereto and the Administrative Agent.
The Term Loan Amendment reflects the Company’s exercise of its $200 million incremental term loan option under its senior unsecured term loan facility, increasing the aggregate facility size to $500 million (the “Term Loan”), and amendments to the pricing grid. The incremental borrowings carry identical terms to the existing $300 million term loan (after giving effect to the amendments described below). The Term Loan matures on February 15, 2029, with two one-year extension options.
In anticipation of the Term Loan Amendment, the Company entered into a $100 million forward starting swap that effectively fixes SOFR at 3.43% through February 15, 2029.
The Company expects to use proceeds from the incremental term loan for general corporate purposes.
Additionally, the Company entered into that certain Second Amendment to Third Amended and Restated Credit Agreement dated as of June 23, 2026 (the “Revolving Credit Facility Amendment”), with a syndicate of lenders from time to time party thereto and the Administrative Agent, to, among other things, amend the pricing grid on its revolving credit facility (the “Revolving Credit Facility”).
Based on the Company’s current credit ratings, the applicable SOFR-based margin was lowered to 0.800% from 0.850% for all outstanding Term Loan borrowings and 0.725% from 0.775% for all Revolving Credit Facility borrowings.
The foregoing summary of the Term Loan Amendment and the Revolving Credit Facility Amendment are not an exhaustive description of the respective terms of each amendment, which are attached hereto as Exhibit 10.1 and Exhibit 10.2, respectively, and such summary is qualified in its entirety by reference to the attached amendments.
Item 2.03. Creation of a Direct Financial Obligation or an Obligation under and Off-Balance Sheet Arrangement of a Registrant.
The disclosure required by this Item 2.03 is included in Item 1.01 above and is incorporated herein by reference.
Item 9.01. |
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Financial Statements and Exhibits. |
(d) Exhibits. |
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10.1 |
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10.2 |
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104.1 |
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Cover Page Interactive Data File (the Cover Page Interactive Data File is embedded within the Inline XBRL document) |
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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NNN REIT, Inc. |
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Dated: June 23, 2026 |
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By: |
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/s/ Vincent H. Chao |
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Vincent H. Chao |
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Executive Vice President and Chief Financial Officer |
Exhibit 10.1
FIRST AMENDMENT TO TERM LOAN AGREEMENT
AND AGREEMENT REGARDING ADDITIONAL TERM LOANS
This FIRST AMENDMENT TO TERM LOAN AGREEMENT AND AGREEMENT REGARDING ADDITIONAL TERM LOANS (this “Agreement”) dated as of June 23, 2026, by and among NNN REIT, INC., a corporation formed under the laws of the State of Maryland (the “Borrower”), each of the existing Lenders party hereto providing an Additional Loan (as defined herein) (each an “Incremental Lender” and collectively, the “Incremental Lenders”), each of the other existing Lenders party hereto, and Wells Fargo Bank, National Association, as Administrative Agent (together with its successors and assigns, the “Administrative Agent”).
WHEREAS, the Borrower, the Lenders, the Administrative Agent and certain other parties have entered into that certain Term Loan Agreement dated as of December 17, 2025 (as in effect immediately prior to the effectiveness of this Agreement, the “Term Loan Agreement”);
WHEREAS, pursuant to Section 2.14 of the Term Loan Agreement, the Borrower has requested, and the Incremental Lenders are willing to make, additional Loans to the Borrower in the aggregate principal amount of $200,000,000 on the terms and conditions contained herein; and
WHEREAS, the Borrower, the Lenders and the Administrative Agent desire to amend certain provisions of the Term Loan 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. Additional Loans.
Section 2. Specific Amendments to Term Loan Agreement. The parties hereto agree that the Term Loan Agreement is amended as follows:
Level |
Borrower's Credit Rating (S&P/Moody's or equivalent) |
Applicable Margin for SOFR Loans |
Applicable Margin for Base Rate Loans |
1 |
A+/A1 (or equivalent) or better |
0.675% |
0.000% |
2 |
A/A2 (or equivalent) |
0.700% |
0.000% |
3 |
A-/A3 (or equivalent) |
0.750% |
0.000% |
4 |
BBB+/Baa1 (or equivalent) |
0.800% |
0.000% |
5 |
BBB/Baa2 (or equivalent) |
0.900% |
0.000% |
6 |
BBB-/Baa3 (or equivalent) |
1.150% |
0.150% |
7 |
Lower than BBB-/Baa3 (or equivalent) |
1.550% |
0.550% |
Section 3. Conditions Precedent. The effectiveness of this Agreement (or, in the case of clause (e) below, the obligation of the Incremental Lenders to make the Additional Loans) is subject to the receipt by the Administrative Agent of the following, each in form and substance satisfactory to the Administrative Agent:
The first date on which each of the foregoing conditions precedent have been satisfied is herein referred to as the “Effective Date”.
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Section 4. Representations and Acknowledgements Regarding Incremental Lenders. Each of the Incremental Lenders (a) represents and warrants that (i) it has received a copy of the Term Loan Agreement, and has received or has been afforded the opportunity to receive copies of the most recent financial statements and information delivered pursuant to Article VIII. thereof, and such other documents and information as it deems appropriate to make its own credit analysis and decision to enter into this Agreement and to provide its Additional Loan and (ii) it has made its own credit and legal analysis and decision to enter into this Agreement, to make an Additional Loan and to consummate the other transactions contemplated hereby, independently and without reliance upon the Administrative Agent, any other Lender or counsel to the Administrative Agent or any of their respective officers, directors, employees, agents or counsel, and based on the financial statements of the Borrower, the other Loan Parties, the other Subsidiaries and any other Affiliates thereof, and inquiries of such Persons, its independent due diligence of the business and affairs of the Borrower, the other Loan Parties (if any), the other Subsidiaries and other Persons (if any), its review of the Loan Documents, the legal opinions required to be delivered to it hereunder, the advice of its own counsel and such other documents and information as it has deemed appropriate, and (b) acknowledges and agrees that (i) it will, independently and without reliance upon the Administrative Agent, any other Lender or counsel to the Administrative Agent or any of their respective officers, directors, employees and agents, and based on such review, advice, documents and information as it shall deem appropriate at the time, continue to make its own decisions in taking or not taking action under the Loan Documents and (ii) the Administrative Agent’s legal counsel in connection with the transactions contemplated by this Agreement is only acting as counsel to the Administrative Agent and is not acting as counsel to any Incremental Lender or other Lender.
Section 5. Representations of Borrower. The Borrower represents and warrants to the Administrative Agent and the Lenders that:
(a) Authorization. The Borrower has the right and power, and has taken all necessary action to authorize it, to execute and deliver this Agreement and to perform its obligations hereunder and under the Term Loan Agreement, as amended by this Agreement, in accordance with their respective terms. This Agreement has been duly executed and delivered by a duly authorized officer of the Borrower and each of this Agreement and the Term Loan Agreement, as amended by this Agreement, is a legal, valid and binding obligation of the Borrower enforceable against the Borrower 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 and as may be limited by equitable principles generally.
(b) Compliance with Laws, etc. The execution and delivery by the Borrower of this Agreement and the performance by the Borrower of this Agreement and the Term Loan Agreement, as amended by this Agreement, 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 Governmental Approval or violate any Applicable Law (including Environmental Laws) relating to the Borrower or any other Loan Party; (ii) conflict with, result in a breach of or constitute a default under (1) the organizational documents of the Borrower or any other Loan Party, or (2) any indenture, agreement or other instrument to which the Borrower or any other Loan Party is a party or by which it or any of its respective properties may be bound, the violation of which indenture, agreement or other instrument could reasonably be expected to have a Material 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 the Borrower or any other Loan Party, other than in favor of the Administrative Agent for its benefit and the benefit of the Lenders.
(c) No Material Adverse Change. Since December 31, 2025, there has been no event, change, circumstance or occurrence that could reasonably be expected to have a Material Adverse Effect.
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(d) No Default. No Default or Event of Default has occurred and is continuing as of the date hereof or will exist immediately after giving effect to this Agreement and the making of the Additional Loans.
Section 6. Reaffirmation of Representations and Borrower. The Borrower hereby reaffirms that the representations and warranties made or deemed made by the Borrower and each other Loan Party (if any) in the Loan Documents to which any of them is a party are true and correct in all material respects (except in the case of a representation or warranty qualified by materiality, in which case such representation or warranty is true and correct in all respects) on and as of the date hereof after giving effect to this Agreement and the making of the Additional Loans with the same force and effect as if made on and as of the date hereof except to the extent that such representations and warranties expressly relate solely to an earlier date (in which case such representations and warranties were true and correct in all material respects (except in the case of a representation or warranty qualified by materiality, in which case such representation or warranty was true and correct in all respects) on and as of such earlier date) and except for changes in factual circumstances specifically and expressly permitted under the Term Loan Agreement or the other Loan Documents.
Section 7. Certain References. Each reference to the Term Loan Agreement in any of the Loan Documents shall be deemed to be a reference to the Term Loan Agreement as amended by this Agreement.
Section 8. Expenses. The Borrower shall 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 Agreement and the other agreements and documents executed and delivered in connection herewith.
Section 9. Benefits. This Agreement shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors and assigns.
Section 10. GOVERNING LAW. THIS AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK APPLICABLE TO CONTRACTS EXECUTED, AND TO BE FULLY PERFORMED, IN SUCH STATE.
Section 11. Effect. Except as expressly herein amended, the terms and conditions of the Term Loan Agreement and the other Loan Documents remain in full force and effect. The amendments contained herein shall be deemed to have prospective application only from the date as of which this Agreement is dated, unless otherwise specifically stated herein. The execution, delivery and effectiveness of this Agreement shall not, except as expressly provided herein, operate as a waiver of any right, power or remedy of any Lender or the Administrative Agent under any of the Loan Documents, nor constitute a waiver of any provision of any of the Loan Documents. Nothing in this Amendment is intended, or shall be construed, to constitute a novation or an accord and satisfaction of any of the Obligations. On and after the effectiveness of this Agreement, this Agreement shall for all purposes constitute a Loan Document.
Section 12. Counterparts. This Agreement 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 13. Definitions. All capitalized terms not otherwise defined herein are used herein with the respective definitions given them in the Term Loan Agreement (including, for the avoidance of doubt, as amended by this Agreement).
[Signatures on Next Page]
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IN WITNESS WHEREOF, the parties hereto have caused this First Amendment to Term Loan Agreement and Agreement Regarding Additional Term Loans to be executed as of the date first above written.
BORROWER:
NNN REIT, INC.
By: /s/ Vincent H. Chao
Name: Vincent H. Chao
Title: Executive Vice President and
Chief Financial Officer
[Signatures Continued on Next Page]
[Signature Page to First Amendment to Term Loan Agreement and Agreement Regarding Additional Term Loans for NNN REIT, Inc.]
Wells Fargo Bank, National Association, as Administrative Agent, as a Lender and as an Incremental Lender
By: /s/ Kate Brown
Name: Kate Brown
Title: Vice President
[Signatures Continued on Next Page]
[Signature Page to First Amendment to Term Loan Agreement and Agreement Regarding Additional Term Loans for NNN REIT, Inc.]
Bank of america, n.a.,
as a Lender and as an Incremental Lender
By: /s/ Stephanie Whitman
Name: Stephanie Whitman
Title: Senior Vice President
[Signatures Continued on Next Page]
[Signature Page to First Amendment to Term Loan Agreement and Agreement Regarding Additional Term Loans for NNN REIT, Inc.]
PNC BAnk, NATIONAL ASSOCIATION,
as a Lender and as an Incremental Lender
By: /s/ Andrew T. White
Name: Andrew T. White
Title: Senior Vice President
[Signatures Continued on Next Page]
[Signature Page to First Amendment to Term Loan Agreement and Agreement Regarding Additional Term Loans for NNN REIT, Inc.]
royal bank of canada,
as a Lender and as an Incremental Lender
By: /s/ Edward McKenna
Name: Edward McKenna
Title: Authorized Signatory
[Signatures Continued on Next Page]
[Signature Page to First Amendment to Term Loan Agreement and Agreement Regarding Additional Term Loans for NNN REIT, Inc.]
td bank, n.a.,
as a Lender and as an Incremental Lender
By: /s/ George Skoufis
Name: George Skoufis
Title: Vice President
[Signatures Continued on Next Page]
[Signature Page to First Amendment to Term Loan Agreement and Agreement Regarding Additional Term Loans for NNN REIT, Inc.]
truist bank,
as a Lender and as an Incremental Lender
By: /s/ Ryan Almond
Name: Ryan Almond
Title: Director
[Signatures Continued on Next Page]
[Signature Page to First Amendment to Term Loan Agreement and Agreement Regarding Additional Term Loans for NNN REIT, Inc.]
u.s. bank national association,
as a Lender and as an Incremental Lender
By: /s/ Germaine R. Korhone
Name: Germaine R. Korhone
Title: Senior Vice President
[Signatures Continued on Next Page]
[Signature Page to First Amendment to Term Loan Agreement and Agreement Regarding Additional Term Loans for NNN REIT, Inc.]
mizuho bank, ltd.,
as a Lender and as an Incremental Lender
By: /s/ Donna DeMagistris
Name: Donna DeMagistris
Title: Managing Director
[Signatures Continued on Next Page]
[Signature Page to First Amendment to Term Loan Agreement and Agreement Regarding Additional Term Loans for NNN REIT, Inc.]
raymond james BAnk,
as a Lender and as an Incremental Lender
By: /s/ Alexander Sierra
Name: Alexander Sierra
Title: SVP
[Signatures Continued on Next Page]
[Signature Page to First Amendment to Term Loan Agreement and Agreement Regarding Additional Term Loans for NNN REIT, Inc.]
sumitomo mitsui banking corporation,
new york branch,
as a Lender and as an Incremental Lender
By: /s/ Cindy Hwee
Name: Cindy Hwee
Title: Director
SCHEDULE I
Additional Loan Amounts
Incremental Lender |
Additional Loan Amount |
Wells Fargo Bank, National Association |
$25,000,000.00 |
Bank of America, N.A. |
$25,000,000.00 |
PNC Bank, National Association |
$22,500,000.00 |
Royal Bank of Canada |
$22,500,000.00 |
TD Bank, N.A. |
$22,500,000.00 |
Truist Bank |
$22,500,000.00 |
U.S. Bank National Association |
$22,500,000.00 |
Mizuho Bank, Ltd. |
$22,500,000.00 |
Raymond James Bank |
$7,500,000.00 |
Sumitomo Mitsui Banking Corporation, New York Branch |
$7,500,000.00 |
TOTAL |
$200,000,000 |
Exhibit 10.2
SECOND AMENDMENT TO
THIRD AMENDED AND RESTATED CREDIT AGREEMENT
This SECOND AMENDMENT TO THIRD AMENDED AND RESTATED CREDIT AGREEMENT (this “Amendment”), dated as of June 23, 2026, by and among NNN REIT, Inc., a corporation formed under the laws of the State of Maryland (the “Borrower”), each of the Lenders party hereto, and Wells Fargo Bank, National Association, as Administrative Agent (together with its successors and assigns, the “Administrative Agent”).
WHEREAS, the Borrower, the Lenders, the Administrative Agent and certain other parties have entered into that certain Third Amended and Restated Credit Agreement dated as of April 16, 2024 (as amended and as in effect immediately prior to the effectiveness of this Amendment, the “Credit Agreement”); and
WHEREAS, the Borrower, the Lenders party hereto and the Administrative Agent 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:
Level |
Borrower's Credit Rating (S&P/Moody's or equivalent) |
Applicable Margin for SOFR Loans |
Applicable Margin for Base Rate Loans |
1 |
A+/A1 (or equivalent) or better |
0.625% |
0.000% |
2 |
A/A2 (or equivalent) |
0.650% |
0.000% |
3 |
A-/A3 (or equivalent) |
0.675% |
0.000% |
4 |
BBB+/Baa1 (or equivalent) |
0.725% |
0.000% |
5 |
BBB/Baa2 (or equivalent) |
0.800% |
0.000% |
6 |
BBB-/Baa3 (or equivalent) |
1.000% |
0.000% |
7 |
Lower than BBB-/Baa3 (or equivalent) |
1.350% |
0.350% |
Level |
Facility Fee |
1 |
0.100% |
2 |
0.100% |
3 |
0.125% |
4 |
0.150% |
5 |
0.200% |
6 |
0.250% |
7 |
0.300% |
Section 2. Conditions Precedent. The effectiveness of this Amendment is subject to the receipt by the Administrative Agent of the following, each in form and substance satisfactory to the Administrative Agent:
(a) a counterpart of this Amendment duly executed by the Borrower, the Administrative Agent and each Lender;
(b) evidence that all fees, expenses and reimbursement amounts due and payable by the Borrower to the Administrative Agent hereunder or under the Credit Agreement, including without limitation, (i) the costs and expenses set forth in Section 6 hereto, and (ii) the reasonable fees and expenses of counsel to the Administrative Agent have been paid; and
(c) such other documents, instruments and agreements as the Administrative Agent may reasonably request.
Section 3. Representations. The Borrower represents and warrants to the Administrative Agent and the Lenders that:
(a) Authorization. The Borrower 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 and under the Credit Agreement, as amended by this Amendment, in accordance with their respective terms. This Amendment has been duly executed and delivered by a duly authorized officer of the Borrower and each of this Amendment and the Credit Agreement, as amended by this Amendment, is a legal, valid and binding obligation of the Borrower enforceable against the Borrower 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 and as may be limited by equitable principles generally.
(b) Compliance with Laws, etc. The execution and delivery by the Borrower of this Amendment and the performance by the Borrower of this Amendment and the Credit Agreement, as amended by this Amendment, 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 Governmental Approval or violate any Applicable Law (including Environmental Laws) relating to the Borrower or any other Loan Party; (ii) conflict with, result in a breach of or constitute a default under (1) the organizational documents of the Borrower or any other Loan Party, or (2) any indenture, agreement or other instrument to which the Borrower or any other Loan Party is a party or by which it or any of its respective properties may be bound, the violation of which indenture, agreement or other instrument could reasonably be expected to have a Material 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 the Borrower or any other Loan Party, other than in favor of the Administrative Agent for its benefit and the benefit of the Lenders and the Issuing Banks.
(c) No Material Adverse Change. Since December 31, 2024, there has been no event, change, circumstance or occurrence that could reasonably be expected to have a Material Adverse Effect.
(d) No Default. No Default or Event of Default has occurred and is continuing as of the date hereof or will exist immediately after giving effect to this Amendment.
Section 4. Reaffirmation of Representations and Borrower. The Borrower hereby reaffirms that the representations and warranties made or deemed made by the Borrower and each other Loan Party in the Loan Documents to which any of them is a party are true and correct in all material respects (except in the case of a representation or warranty qualified by materiality, in which case such representation or warranty
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is true and correct in all respects) on and as of the date hereof after giving effect to this Amendment with the same force and effect as if made on and as of the date hereof except to the extent that such representations and warranties expressly relate solely to an earlier date (in which case such representations and warranties were true and correct in all material respects (except in the case of a representation or warranty qualified by materiality, in which case such representation or warranty was true and correct in all respects) on and as of such earlier date) and except for changes in factual circumstances specifically and expressly permitted under the Credit Agreement or the other Loan Documents.
Section 5. Certain References. Each reference to the Credit Agreement in any of the Loan Documents shall be deemed to be a reference to the Credit Agreement as amended by this Amendment.
Section 6. Expenses. The Borrower shall 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 Amendment and the other agreements and documents executed and delivered in connection herewith.
Section 7. Benefits. This Amendment shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors and assigns.
Section 8. GOVERNING LAW. THIS AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK APPLICABLE TO CONTRACTS EXECUTED, AND TO BE FULLY PERFORMED, IN SUCH STATE.
Section 9. Effect. Except as expressly herein amended, the terms and conditions of the 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 from the date as of which this Amendment is dated, unless otherwise specifically stated herein. The execution, delivery and effectiveness of this Amendment shall not, except as expressly provided herein, operate as a waiver of any right, power or remedy of any Lender or the Administrative Agent under any of the Loan Documents, nor constitute a waiver of any provision of any of the Loan Documents. Nothing in this Amendment is intended, or shall be construed, to constitute a novation or an accord and satisfaction of any of the Obligations. On and after the effectiveness of this Amendment, this Amendment shall for all purposes constitute a Loan Document.
Section 10. 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 11. Definitions. All capitalized terms not otherwise defined herein are used herein with the respective definitions given them in the Credit Agreement (including, for the avoidance of doubt, as amended by this Amendment).
[Signatures on Next Page]
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IN WITNESS WHEREOF, the parties hereto have caused this Second Amendment to Third Amended and Restated Credit Agreement to be executed as of the date first above written.
BORROWER:
NNN REIT, INC.
By: /s/ Vincent H. Chao
Name: Vincent H. Chao
Title: Executive Vice President and
Chief Financial Officer
[Signatures Continued on Next Page]
[Signature Page to Second Amendment to Third Amended and Restated Credit Agreement
for NNN REIT, Inc.]
Wells Fargo Bank, National Association, as Administrative Agent and as a Lender
By: /s/ Kate Brown
Name: Kate Brown
Title: Vice President
[Signatures Continued on Next Page]
[Signature Page to Second Amendment to Third Amended and Restated Credit Agreement
for NNN REIT, Inc.]
Bank of america, n.a., as a Lender
By: /s/ Stephanie Whitman
Name: Stephanie Whitman
Title: Senior Vice President
[Signatures Continued on Next Page]
[Signature Page to Second Amendment to Third Amended and Restated Credit Agreement
for NNN REIT, Inc.]
PNC Bank, National association, as a Lender
By: /s/ Andrew T. White
Name: Andrew T. White
Title: Senior Vice President
[Signatures Continued on Next Page]
[Signature Page to Second Amendment to Third Amended and Restated Credit Agreement
for NNN REIT, Inc.]
royal bank of canada, as a Lender
By: /s/ Edward McKenna
Name: Edward McKenna
Title: Authorized Signatory
[Signatures Continued on Next Page]
[Signature Page to Second Amendment to Third Amended and Restated Credit Agreement
for NNN REIT, Inc.]
TRUIST BAnk, as a Lender
By: /s/ Ryan Almond
Name: Ryan Almond
Title: Director
[Signatures Continued on Next Page]
[Signature Page to Second Amendment to Third Amended and Restated Credit Agreement
for NNN REIT, Inc.]
TD BAnk, N.A., as a Lender
By: /s/ George Skoufis
Name: George Skoufis
Title: Vice President
[Signatures Continued on Next Page]
[Signature Page to Second Amendment to Third Amended and Restated Credit Agreement
for NNN REIT, Inc.]
U.S. bank National association, as a Lender
By: /s/ Germaine R. Korhone
Name: Germaine R. Korhone
Title: Senior Vice President
[Signatures Continued on Next Page]
[Signature Page to Second Amendment to Third Amended and Restated Credit Agreement
for NNN REIT, Inc.]
MIzuho bank, ltd., as a Lender
By: /s/ Donna DeMagistris
Name: Donna DeMagistris
Title: Managing Director
[Signatures Continued on Next Page]
[Signature Page to Second Amendment to Third Amended and Restated Credit Agreement
for NNN REIT, Inc.]
MORGAN STANLEY BANK, N.A., as a Lender
By: /s/ Michael Kwabo
Name: Michael Kwabo
Title: Authorized Signatory
[Signatures Continued on Next Page]
[Signature Page to Second Amendment to Third Amended and Restated Credit Agreement
for NNN REIT, Inc.]
Sumitomo mitsui banking corporation,
as a Lender
By: /s/ Cindy Hwee
Name: Cindy Hwee
Title: Director
[Signatures Continued on Next Page]
[Signature Page to Second Amendment to Third Amended and Restated Credit Agreement
for NNN REIT, Inc.]
RAYMOND JAMES BANK, as a Lender
By: /s/ Alexander Sierra
Name: Alexander Sierra
Title: SVP