Item 1.01 Execution of Material Final Contracts.
is a subsidiary of
guarantor under the Note (defined below), and New York Life
with the insurance company
is the lender of the loan as evidenced by the note (“Lender”);
Entered into a loan extension and modification agreement (“Extension and
new york life insurance company date
Promissory note with
By contract, the maturity date of the bond is
Execute the Amendment Agreement and activate the Extended Maturity Date
note, borrower paid
Paid an extension fee equal to 0.10% of the outstanding principal amount of the note
The balance of the bond and the payment of certain expenses borne by the lender
Relations with Extensions and Amendments, Other Terms and Conditions
Extension and Amendment Agreements include:
The borrower further sets the maturity date of each note to
The note will be paid and an extension fee equal to 0.10% of the outstanding amount will be paid.
Among other conditions, the principal balance of each note is paid,
The foregoing description of Extensions and Amendments
Qualify in its entirety by referencing the full text of the extension
Amendment Agreement Filed as Exhibit to Trust
Quarterly Report on Form 10-Q Filed in the Closed Quarter
Borrowers and lenders also
A mortgage that secures a bond to extend the term of the mortgage
Matches the duration of the note.
Pursuant to the requirements of the Securities Exchange Act of 1934,
The Registrant hereby certifies on behalf of the Registrant that:
Sign duly approved.
PENNSYLVANIA REAL ESTATE INVESTMENT TRUST Date: September 7, 2022 By: /s/ Lisa M. Most Lisa M. Most Executive Vice President, Secretary and General Counsel