Common use of PROCESSING AND RECORDATION FEES Clause in Contracts

PROCESSING AND RECORDATION FEES. The Administrative Agent will charge a processing and recordation fee (an “Assignment Fee”) in the amount of $3,500 for each assignment; provided, however, that in the event of two or more concurrent assignments to members of the same Assignee Group (which may be effected by a suballocation of an assigned amount among members of such Assignee Group) or two or more concurrent assignments by members of the same Assignee Group to a single Eligible Assignee (or to an Eligible Assignee and members of its Assignee Group), the Assignment Fee will be $3,500 plus the amount set forth below: First four concurrent assignments or suballocations to members of an Assignee Group (or from members of an Assignee Group, as applicable) -0- Each additional concurrent assignment or suballocation to a member of such Assignee Group (or from a member of such Assignee Group, as applicable) $500 To: Bank of America, N.A., as Administrative Agent Ladies and Gentlemen: Reference is made to that certain Term Loan Credit Agreement, dated as of June 10, 2008 (as amended, restated, extended, supplemented or otherwise modified in writing from time to time, the “Agreement;” the terms defined therein being used herein as therein defined), by and among Tanger Properties Limited Partnership (the “Borrower”), the Lenders from time to time party thereto, and Bank of America, N.A., as Administrative Agent. The undersigned hereby requests (select one): A Borrowing of Loans A conversion or continuation of Loans

PROCESSING AND RECORDATION FEES. The Administrative Agent will charge a processing and recordation fee (an “Assignment Fee”) in the amount of $3,500 2,500 for each assignment; provided, however, that in the event of two or more concurrent assignments to members of the same Assignee Group (which may be effected by a suballocation of an assigned amount among members of such Assignee Group) or two or more concurrent assignments by members of the same Assignee Group to a single Eligible Assignee (or to an Eligible Assignee and members of its Assignee Group), the Assignment Fee will be $3,500 2,500 plus the amount set forth below: Transaction Assignment Fee First four concurrent assignments or suballocations -0- to members of an Assignee Group (or from members of an Assignee Group, as applicable) -0- Each additional concurrent assignment or $500 suballocation to a member of such Assignee Group (or from a member of such Assignee Group, as applicable) $500 To: Bank of America, N.A., as Administrative Agent Ladies and Gentlemen: Reference is made to that certain Term Loan Credit Agreement, dated as of June 10September 29, 2008 2005 (as amended, restated, extended, supplemented or otherwise modified in writing from time to time, the “Agreement;” the terms defined therein being used herein as therein defined), by and among Tanger Properties Limited Partnership ▇▇▇▇▇▇ Corporation, a Delaware corporation (the “BorrowerCompany”) and Designated Subsidiaries of the Company (collectively, together with the Company, the “Borrowers”), the Lenders from time to time party thereto, and Bank of America, N.A., as Administrative Agent, L/C Issuer and Swing Line Lender. The undersigned hereby requests (select one): |_| A Borrowing of Committed Loans |_| A conversion or continuation of Loans

PROCESSING AND RECORDATION FEES. The Administrative Agent will charge to the assigning Lender a processing and recordation fee (an “Assignment Fee”) in the amount of $3,500 2,500 for each assignment; provided, however, that in the event of two or more concurrent assignments to members of the same Assignee Group (which may be effected by a suballocation of an assigned amount among members of such Assignee Group) or two or more concurrent assignments by members of the same Assignee Group to a single Eligible Assignee (or to an Eligible Assignee and members of its Assignee Group), the Assignment Fee will be $3,500 2,500 plus the amount set forth below: First four concurrent assignments or suballocations to -0- members of an Assignee Group (or from members of an Assignee Group, as applicable) -0- Each additional concurrent assignment or suballocation to a $500 member of such Assignee Group (or from a member of such Assignee Group, as applicable) $500 Date: , 20___ To: Bank of America, N.A., as Administrative Agent Ladies Re: Amended and Gentlemen: Reference is made to that certain Term Loan Restated Credit Agreement, dated as of June 10, 2008 Agreement (as amended, restated, extendedmodified, supplemented or otherwise modified in writing and extended from time to time, the “Credit Agreement;” the terms defined therein being used herein ”) dated as therein defined)of July 14, by and 2006 among Tanger Properties Limited Partnership Teledyne Technologies Incorporated, a Delaware corporation (the “Borrower”), the Guarantors identified therein, the Lenders from time to time party theretoidentified therein, and Bank of America, N.A., as Administrative Agent, L/C Issuer and Swing Line Lender. Capitalized terms used but not otherwise defined herein have the meanings provided in the Credit Agreement. Ladies and Gentlemen: The undersigned hereby requests (select one): A Borrowing of Loans A conversion or continuation of Loans):