CONTINUATION/CONVERSION NOTICE
[Form]
TO: XXXXX FARGO BANK, National Association, in its capacity as Agent Bank
under that certain Credit Agreement, dated as of February 20, 2004 (as
amended, supplemented or otherwise modified from time to time, the
"Credit Agreement"), by and among GOLDEN ROAD MOTOR INN, INC., a Nevada
corporation (the "Borrower"), the Guarantor therein named, the Lenders
therein named (each, together with their respective successors and
assigns, individually being referred to as a "Lender" and collectively
as the "Lenders"), XXXXX FARGO BANK, National Association, as the
swingline lender (herein in such capacity, together with its successors
and assigns, the "Swingline Lender"), XXXXX FARGO BANK, National
Association, as the issuer of letters of credit thereunder (herein in
such capacity, together with their successors and assigns, the "L/C
Issuer") and XXXXX FARGO BANK, National Association, as administrative
and collateral agent for the Lenders, Swingline Lender and L/C Issuer
(herein, in such capacity, called the "Agent Bank" and, together with the
Lenders, Swingline Lender and L/C Issuer, collectively referred to as the
"Banks"). Capitalized terms used herein without definition shall have
the meanings attributed to them in Section 1.01 of the Credit
Agreement.
This Continuation/Conversion Notice is delivered to you pursuant to
Section 2.05(c) of the Credit Agreement regarding the [conversion to]
[continuation of] a LIBOR Loan as specified below:
The Borrower hereby requests that:
1. ($____________) of the presently outstanding principal amount of the
Credit Facility;
2. and presently being maintained as [Base Rate Loan] [LIBOR Loan
having an Interest Period ending on ___________________, 200___];
3. be [Converted into] [continued as];
4. [LIBOR Loan having an Interest Period of __________ months] [Base
Rate Loan] as of ___________, 200__.
The undersigned Authorized Officer certifies, to the best of his or her
knowledge, that no Default or Event of Default has occurred and is continuing.
The undersigned Authorized Officer of Xxxxxxxx has caused this
Continuation/Conversion Notice to be executed and delivered this ___ day of
______________, 200__.
-1-
GOLDEN ROAD MOTOR INN, INC.,
a Nevada corporation
Name:
Title:
Authorized Officer
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