MASTER AGREEMENT
Dated as of January 13, 2000
among
DOLLAR TREE STORES, INC.,
as a Guarantor,
DOLLAR TREE DISTRIBUTION, INC. AND
CERTAIN OTHER SUBSIDIARIES OF
DOLLAR TREE STORES, INC.
THAT MAY HEREAFTER BECOME PARTY HERETO,
as Lessees
ATLANTIC FINANCIAL GROUP, LTD., as Lessor,
CERTAIN FINANCIAL INSTITUTIONS PARTIES HERETO,
as Lenders
and
CRESTAR BANK, as Agent
TABLE OF CONTENTS
Page
ARTICLE I. DEFINITIONS; INTERPRETATION..................................2
ARTICLE II. ACQUISITION, CONSTRUCTION AND LEASE;
FUNDINGS; NATURE OF TRANSACTION..............................2
SECTION 2.1 Agreement to Acquire, Construct, Fund and Lease..............2
(a) Land...................................................2
(b) Building...............................................3
SECTION 2.2 Fundings of Purchase Price, Development Costs and
Construction Costs...........................................3
(a) Initial Funding and Payment of Purchase Price for
Land and Development Costs on Closing Date.............3
(b) Subsequent Fundings and Payments of Construction
Costs during Construction Term.........................4
(c) Aggregate Limits on Funded Amounts.....................4
(d) Notice, Time and Place of Fundings.....................4
(e) Lessee's Deemed Representation for Each Funding........5
(f) Not Joint Obligations..................................6
(g) Non-Pro Rata Fundings..................................6
(h) Commitment Fee.........................................6
SECTION 2.3 Funded Amounts and Interest and Yield Thereon................7
SECTION 2.4 Lessee Owner for Tax Purpos