Loan and Note Clause Samples

Loan and Note. The term “Loan” under the Loan Agreement is hereby modified to include the Renewal Loan, and the term “Note” under the Loan Agreement is hereby modified to reference the Renewal Note.

Loan and Note. The Lender shall advance to the Company the aggregate amount of Six Million Dollars ($6,000,000). The Company acknowledges receipt of $3,000,000 from Pappajohn on or about December 22, 2011. Advances shall be made by Lender on the date hereof as follows: ▇▇▇▇▇▇ - $500,000; NNJCA - $1,500,000 and Pappajohn - $1,000,000. The Company previously issued a Promissory Note to Pappajohn to evidence his $3 million advance. Upon execution of this Agreement and funding of each new loan, the Company shall execute and deliver to each Lender a Promissory Note in substantially the form of Exhibit A attached hereto (collectively the notes evidencing the $6 million obligation are referred to as the “Note”), dated the date of the advance, to evidence the terms and conditions of the Company’s repayment of, and other obligations with respect to, the credit advanced by Lender (the “Loan”) to the Company hereunder and thereunder. No amount of principal advanced pursuant to the Loan shall be eligible, upon its repayment, for the making of any further advances hereunder.

Loan and Note. This Guaranty is executed in connection with a mortgage loan in the aggregate original principal amount of $39,000,000.00 (the “Loan”) made by Lender to the parties set forth on Schedule I hereto (jointly, severally and collectively, “Borrower”). The Loan is (a) evidenced by that certain Promissory Note (USL) made by Borrower to the order of Lender, of even date herewith (as the same may be amended, restated, modified and/or supplemented from time to time, the “Note”), (b) governed by, among other things, that certain Loan Agreement, of even date herewith, between Borrower and Lender (as the same may be amended, restated, modified and/or supplemented from time to time, the “Loan Agreement”), and (c) secured by, among other things, the Mortgages (as defined in the Loan Agreement), encumbering certain real property as more particularly described in each Mortgage (collectively, the “Property”). All capitalized terms used herein without definition shall have the meanings given to such terms in the Loan Agreement.

Loan and Note. The term “Loan” herein shall refer to the indebtedness of Borrower to Lender evidenced by a Note in the original principal amount of Two Million Two Hundred Twenty-Two Thousand Six Hundred Forty and No/100 Dollars ($2,222,640.00) in form satisfactory to Lender (the “Note”). The term of this Loan shall be for twenty (20) years.

Loan and Note. 1. Subject to the terms and conditions of this Agreement, Lender agrees to lend to Borrower, the principal amount of TWO MILLION and no/100 United States Dollars ($2,000,000.00), as may be amended, renewed, increased, restated, replaced, or otherwise modified from time to time (the "Amended Loan"). The Amended Loan shall be evidenced by an amended and restated promissory note of Borrower payable to order of Lender of even date herewith, in the form attached hereto and incorporated herein as Exhibit "A", as may be amended, renewed, increased, restated, replaced, or otherwise modified from time to time (the "Note"), and shall bear interest at the rate and be subject to such repayment and other terms as set forth therein and herein. 2. The proceeds of the Amended Loan are to be used by the Borrower solely as working capital in the ordinary course of Borrower's business. 3. Upon execution hereof, Lender shall surrender the Prior Notes and the Debenture to Borrower for cancellation and Borrower shall pay Lender $100,000 in cash plus all accrued and unpaid interest as of the date hereof under the Prior Notes and the Debenture.

Loan and Note. This Guaranty is executed in connection with a $12,700,000.00 loan (“Loan”) made by Lender to Tradeport Development II, LLC, a Connecticut limited liability company (“Borrower”). The Loan is (a) evidenced by a Promissory Note of even date herewith in the original principal amount of the Loan (“Note”), and (b) secured by, among other things, a Mortgage Deed, Security Agreement, Fixture Filing, Financing Statement and Assignment of Leases and Rents of even date herewith granted by Borrower for the benefit of Lender (“Mortgage,” and, together with the Note and all other documents executed by Borrower evidencing and/or securing the Loan, “Loan Documents”) covering certain real property commonly known as ▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ and ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇, Connecticut, and more particularly described in the Mortgage. All capitalized terms used herein without definition shall have the meanings given to such terms in the Mortgage.

Loan and Note. This Guaranty is executed in connection with a mortgage loan in the original principal amount of $25,400,000.00 (the “Loan”) made by Lender to AMBERGLEN PROPERTIES LIMITED PARTNERSHIP, an Oregon limited partnership (“Borrower”). The Loan is (a) evidenced (i) that certain Promissory Note (AGLIC) made by Borrower in favor of AGLIC, of even date herewith (as the same may be amended, modified and/or supplemented from time to time, the “AGLIC Note”), and (ii) that certain Promissory Note (AHAC) made by Borrower in favor of AHAC, of even date herewith (as the same may be amended, modified and/or supplemented from time to time, the “AHAC Note”, and together with the AGLIC Note, collectively, the “Notes”), and (b) secured by, among other things, that certain Deed of Trust, Security Agreement, Fixture Filing, Financing Statement and Assignment of Leases and Rents of even date herewith granted by Borrower to Fidelity National Title Company of Oregon, an Oregon corporation, as trustee, for the benefit of Lender (as the same may be amended, supplemented, restated or replaced from time to time, the “Deed of Trust” and together with the Notes, and all other documents executed by Borrower evidencing and/or securing the Loan, collectively, the “Loan Documents”) covering certain real property as more particularly described in the Deed of Trust (the “Property”). All capitalized terms used herein without definition shall have the meanings given to such terms in the Deed of Trust.

Loan and Note. The Lender made a loan to the Company on the Funding Date in the original principal amount of $62,000,000, the entire principal amount of which remains outstanding as of the date hereof, and the Company has Deferred Interest on such principal amount owing to the Lender in the aggregate amount of $___________, which remains outstanding as of the date hereof (together with any Deferred Interest hereafter arising hereunder, collectively, the "Loan"). The Loan shall be evidenced by a promissory note of the Company such note to be substantially in the form of Exhibit I-A hereto (the "Term Note"), dated as of the Effective Date, payable to the order of the Lender and in the principal amount of $62,000,000 and by a note of the Company such note to be substantially in form of Exhibit I-B hereto (the "Payment-in-Kind Note") dated as of the Effective Date. Such notes shall be payable to the order of the Lender, duly completed, executed and delivered by the Company, as borrower.

Loan and Note. 3 2.1 Loan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 2.2 Interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 (a) Interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 (b) Computation of Interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 2.3 Payments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 (a) Payment of Loan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 (b)