Veris Residential, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Unsecured Revolving Credit Facility And Term Loans (Tables)

Unsecured Revolving Credit Facility And Term Loans (Tables)

12 Months Ended

Dec. 31, 2016

Unsecured Revolving Credit Facility [Member]

Debt Instrument [Line Items]

Schedule Of Unsecured Credit Rating And Facility Fee



Operating Partnership's		Interest Rate -
Unsecured Debt Ratings:		Applicable Basis Points		Facility Fee
Higher of S&P or Moody's		Above LIBOR		Basis Points
No ratings or less than BBB-/Baa3		170.0		35.0
BBB- or Baa3 (current through January 2017 amendment)		130.0		30.0
BBB or Baa2		110.0		20.0
BBB+ or Baa1		100.0		15.0
A- or A3 or higher		92.5		12.5

Mack-Cali Realty LP [Member] | Unsecured Revolving Credit Facility [Member]

Debt Instrument [Line Items]

Schedule Of Unsecured Credit Rating And Facility Fee



Operating Partnership's		Interest Rate -
Unsecured Debt Ratings:		Applicable Basis Points		Facility Fee
Higher of S&P or Moody's		Above LIBOR		Basis Points
No ratings or less than BBB-/Baa3		170.0		35.0
BBB- or Baa3 (current through January 2017 amendment)		130.0		30.0
BBB or Baa2		110.0		20.0
BBB+ or Baa1		100.0		15.0
A- or A3 or higher		92.5		12.5

Unsecured Term Loan [Member]

Debt Instrument [Line Items]

Schedule Of Interest Rate On Outstanding Borrowings Payable



Operating Partnership's		Interest Rate -
Unsecured Debt Ratings:		Applicable Basis Points
Higher of S&P or Moody's		Above LIBOR
No ratings or less than BBB-/Baa3		185.0
BBB- or Baa3 (current interest rate based on Company's election)		140.0
BBB or Baa2		115.0
BBB+ or Baa1		100.0
A- or A3 or higher		90.0

Schedule Of Defined Leverage Ratio



		Interest Rate -
		Applicable Basis
Total Leverage Ratio		Points above LIBOR
<45%		145.0
≥45% and <50% (current ratio)		155.0
≥50% and <55%		165.0
≥55%		195.0

Unsecured Term Loan [Member] | Mack-Cali Realty LP [Member]

Debt Instrument [Line Items]

Schedule Of Interest Rate On Outstanding Borrowings Payable



Operating Partnership's		Interest Rate -
Unsecured Debt Ratings:		Applicable Basis Points
Higher of S&P or Moody's		Above LIBOR
No ratings or less than BBB-/Baa3		185.0
BBB- or Baa3 (current interest rate based on Company's election)		140.0
BBB or Baa2		115.0
BBB+ or Baa1		100.0
A- or A3 or higher		90.0

Schedule Of Defined Leverage Ratio



		Interest Rate -
		Applicable Basis
Total Leverage Ratio		Points above LIBOR
<45%		145.0
≥45% and <50% (current ratio)		155.0
≥50% and <55%		165.0
≥55%		195.0