Common Contracts
2 similar Term Note contracts by Air T Inc
TERM NOTETerm Note • January 25th, 2019 • Air T Inc • Air courier services • Minnesota
FOR VALUE RECEIVED, AIRCO 1, LLC, a Delaware limited liability company (“Borrower”) promises to pay to the order of PARK STATE BANK, a Minnesota state banking corporation (“Lender”) or its assigns, at Lender’s offices located at 1108 Nicollet Mall #210, Minneapolis, MN 55403, or such other place as may be designated from time to time by the holder hereof, in lawful money of the United States of America, the principal sum of TWO MILLION ONE HUNDRED THOUSAND AND NO/100THS DOLLARS ($2,100,000), together with interest thereon as hereinafter provided.
TERM NOTETerm Note • January 25th, 2019 • Air T Inc • Air courier services • Minnesota
FOR VALUE RECEIVED, AIRCO 1, LLC, a Delaware limited liability company (“Borrower”) promises to pay to the order of MINNESOTA BANK & TRUST, a Minnesota state banking corporation (“Lender”) or its assigns, at Lender’s offices located at 9800 Bren Road East, Suite 200, Minnetonka, MN 554343, or such other place as may be designated from time to time by the holder hereof, in lawful money of the United States of America, the principal sum of FOUR HUNDRED THOUSAND AND NO/100THS DOLLARS ($400,000), together with interest thereon as hereinafter provided.
