Renewal Note. To facilitate the administration of Note A and Note B, Borrower has contemporaneously with the execution of this Agreement executed a new promissory note (the "Renewal Note") in favor of Lender in the original principal amount of Seven Million Forty Thousand Seven Hundred Twenty-One and 37/100 Dollars ($7,040,721.37) in the form attached hereto as Exhibit A which is given to the full extent thereof in renewal, extension and rearrangement (but not extinguishment) of the remaining principal balances Note A and Note B referenced in Paragraph 7 immediately above.
Appears in 2 contracts
Sources: Renewal, Extension, Modification and Amendment Agreement (Usaa Real Estate Co), Renewal, Extension, Modification and Amendment Agreement (American Industrial Properties Reit Inc)