Affiliated Entities. As used in this Agreement, “Affiliates” includes the Company and each corporation, partnership, or other entity which controls the Company, is controlled by the Company, or is under common control with the Company (in each case “control” meaning the direct or indirect ownership of 50% or more of all outstanding equity interests).

Affiliated Entity. An entity which is affiliated by common ownership or control with the Company.

Affiliated Company. Any company controlled by, controlling or under common control with the Company.

Affiliated Lenders. Any ​ may, at any time, assign all or a portion of its rights and obligations with respect to Loans and Commitments under this Agreement (including under Incremental Term Facilities) to a Person who is or will become, after such assignment, an Affiliated ​ (including any Affiliated Debt Fund) through # Dutch auctions open to all Lenders in accordance with the procedures set forth on [Exhibit L] or # open market purchase on a non-pro rata basis, in each case subject to the following limitations applicable to Affiliated Lenders that are not Affiliated Debt Funds:

No Loan Party is a Covered Entity.

Saul Organization. The B.F. Saul Company and the B.F. Saul Real Estate Investment Trust, as well as other affiliated entities and any successor entities.

Authority/Capacity/Entities. Each person signing this Agreement represents and warrants that he or she has complete authority and legal capacity to enter into this Agreement.

GLOBAL SETTLEMENT AND ABSOLUTE RELEASE AGREEMENT – PAGE 11

Ownership of Station 5 Building. The Station 5 Building is owned by an affiliated entity of Landlord. At such time the construction of the Station 5 Building is to commence, the Station 5 Building may be transferred to a different affiliated entity of Landlord. Such affiliated entities and Landlord are under common Control. Landlord shall cause such affiliated entities to perform all obligations of Landlord under this Paragraph 42 with respect to the leasing of the Station 5 Building.

Letters of Credit Issued for Consolidated Entities/Unconsolidated Entities. Notwithstanding that a Letter of Credit issued or outstanding hereunder is in support of any obligations of, or is for the account of, a Consolidated Entity or Unconsolidated Entity, the ​ shall # be required to sign the applicable Letter of Credit Application and # be obligated to reimburse the applicable L/C Issuer hereunder for any and all drawings under such Letter of Credit. The ​ hereby acknowledges that the issuance of Letters of Credit for the account of any Consolidated Entity and/or any Unconsolidated Entity inures to the benefit of the ​, and that the ​’s business derives substantial benefits from the businesses of such Persons.