Item 1.01. Entry into a Material Definitive Agreement

On March 30, 2022, Global Partners LP (the "Partnership"), as guarantor, and certain of its subsidiaries, as borrowers, entered into the Seventh Amendment to Third Amended and Restated Credit Agreement (the "Seventh Amendment"), which further amends the Third Amended and Restated Credit Agreement dated April 25, 2017 (as amended, the "Credit Agreement"). The Seventh Amendment amends certain terms and provisions of the Credit Agreement to provide for, among other things, (i) an increase of $200.0 million in the Aggregate WC Commitments and a simultaneous reduction in the WC Interim Commitments to $0 such that the total Aggregate Commitments under the Credit Agreement remain at $1.55 billion; (ii) a refresh of the accordion feature under Section 2.13 (Increase in Commitments) of the Credit Agreement to permit the Borrowers to request increases of up to $300.0 million in the Aggregate WC Commitments, the Aggregate WC Interim Commitments and/or the Aggregate Revolving Commitments pursuant to the terms thereof; and (iii) a replacement of the Cost of Funds pricing option with a Daily SOFR pricing option. After giving effect to such increase in the Aggregate WC Commitments, the Aggregate WC Commitments will be $1.1 billion. Capitalized terms used but not otherwise defined herein shall have the meanings respectively ascribed to such terms in the Credit Agreement.

The foregoing description of the Seventh Agreement does not purport to be complete and is qualified in its entirety by reference to the Seventh Agreement. A copy of the Seventh Agreement is attached hereto as Exhibit 10.1 and is incorporated herein by reference.

All other material terms of the Credit Agreement remain the same as disclosed in the Partnership's Annual Report on Form 10-K for the fiscal year ended December 31, 2021, as amended by the Partnership's Current Report on Form 8-K filed on March 15, 2022.


 Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an

            Off-Balance Sheet Arrangement of a Registrant

The description of the Seventh Amendment under Item 1.01 above is incorporated into this Item 2.03 by reference.

Item 9.01 Financial Statements and Exhibits.






(d)      Exhibits



Exhibit
 Number                                Description
  10.1     Seventh Amendment to Third Amended and Restated Credit Agreement,
         dated March 30, 2022.

   104   Cover Page Interactive Data File (embedded within the Inline XBRL
         document)

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