Schedule of Mortgages and Deeds of Trust Granted by Gannett Subsidiaries to JPMorgan Chase Bank, N.A.
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Summary
This document lists the mortgages and deeds of trust granted by various Gannett subsidiaries to JPMorgan Chase Bank, N.A., as part of a credit agreement dated June 29, 2015. It details the property addresses, the names of the Gannett subsidiaries involved, their ownership interests, and the amounts secured. The agreement secures significant loans on multiple properties across several states, with some state-specific legal provisions. The parties involved include Gannett Co., Inc., its subsidiaries, JPMorgan Chase Bank, and other lenders.
EX-10.1 2 gci-20160925xex10x1.htm EXHIBIT 10.1 Exhibit
EXHIBIT 10-1
SCHEDULE OF MORTGAGES OR DEEDS OF TRUST GRANTED BY GANNETT SUBSIDIARIES
The following Schedule identifies the material details in which the applicable mortgage or deed of trust granted by a Gannett subsidiary to JPMorgan Chase Bank, N.A., as Administrative Agent, pursuant to the Credit Agreement, dated as of June 29, 2015, as amended, among Gannett Co., Inc., as Borrower, JPMorgan Chase Bank, N.A., as Administrative Agent, PNC Bank, N.A. and U.S. Bank National Association, as Co-Syndication Agents, and the other lenders party thereto, differ from the Form of Mortgage (Exhibit 10.24 to the Company’s Quarterly Report on Form 10-Q for the quarter ended September 27, 2015) or Form of Deed of Trust (Exhibit 10.25 to the Company’s Quarterly Report on Form 10-Q for the quarter ended September 27, 2015) previously filed:
MORTGAGES
PROPERTY ADDRESS | MORTGAGOR NAME | OWNERSHIP INTEREST | AMOUNT SECURED |
525 W. Broadway, Louisville, Kentucky | The Courier-Journal, Inc. | Fee | $15,000,000 |
6200 Metropolitan Parkway, Sterling Heights, Michigan | Detroit Newspaper Partnership, L.P. | Fee | $14,000,000 |
8278 Georgetown Road, Indianapolis, Indiana | Gannett Satellite Information Network, LLC | Fee | $8,000,000 |
950 W. Basin Road, Newcastle, Delaware | Gannett Satellite Information Network, LLC | Fee | $7,500,000 |
1100 Immokalee Road and 9790 Bentgrass Bend, Naples Florida | Scripps NP Operating, LLC | Fee | $20,034,053* |
4101 W. Burnham Street, 332 and 333 W. State Street and 330-340 W. Kilbourn Avenue, Milwaukee, Wisconsin | Journal Sentinel, Inc. | Fee | $28,105,600* |
*Contain changes to current security instrument form for state specific provisions required by local law and to conform release/termination provision to language in form of Deed of Trust.
[continued on following page]
EXHIBIT 10-1
DEEDS OF TRUST
PROPERTY ADDRESS | GRANTOR NAME | OWNERSHIP INTEREST | AMOUNT SECURED |
200 East Van Buren Street, Phoenix, Arizona | Phoenix Newspapers, Inc. | Fee | $30,000,000 |
6885 Commercial Drive, Springfield, Virginia | Gannett Satellite Information Network, LLC | Fee | $23,000,000 |
1100 Broadway and others, Nashville, Tennessee | Gannett Satellite Information Network, LLC | Fee (as to 120 11th Avenue North) and Leasehold (as to 1100 Broadway and others) | $12,000,000 |
22600 N. 19th Avenue, Deer Valley, Arizona | Phoenix Newspapers, Inc. | Fee | $8,700,000 |
2332 New Sentinel Drive, Knoxville, Tennessee | Scripps NP Operating, LLC | Fee | $11,400,000* |
495 Union Avenue and 597 Beale Street, Memphis, Tennessee | Memphis Publishing Company | Fee | $7,260,000* |
151 Factory Stores Drive, Camarillo, California | Scripps NP Operating, LLC | Fee | $18,045,126* |
*Contain changes to current security instrument form for state specific provisions required by local law.