GRID NOTE ---------Grid Note • October 15th, 1998 • Lehigh Tax Credit Partners Iii LLC • Real estate
Contract Type FiledOctober 15th, 1998 Company IndustryFOR VALUE RECEIVED, LEHIGH TAX CREDIT PARTNERS III L.L.C., a Delaware limited liability company (the "Debtor"), hereby promises to pay to the order of RCC CREDIT FACILITY, L.L.C., a Delaware limited liability company (the "Payee"), at its offices located at 625 Madison Avenue, New York, New York 10022, or at such other place as the Payee or any holder hereof may from time to time designate, in lawful money of the United States, the principal sum of SIXTEEN MILLION SEVEN HUNDRED FORTY THOUSAND SEVEN HUNDRED FIFTY DOLLARS ($16,740,750), or, if less than such sum, the aggregate principal amount of all monies advanced to the Debtor by the Payee hereunder as indicated on the grid schedule attached hereto and made a part hereof. All principal outstanding hereunder shall be payable in full on the date (the "Payment Date") which is the earlier to occur of (i) the earlier to occur of (x) the date on which the portion of the RCC Credit Loan (as hereinafter defined) used to fund the loan to the D
Exhibit 1 GRID NOTE ---------Grid Note • January 13th, 1998 • Lehigh Tax Credit Partners LLC • Real estate
Contract Type FiledJanuary 13th, 1998 Company IndustryFOR VALUE RECEIVED, LEHIGH TAX CREDIT PARTNERS L.L.C., a Delaware limited liability company (the "Debtor"), hereby promises to pay to the order of RCC CREDIT FACILITY, L.L.C., a Delaware limited liability company (the "Payee"), at its offices located at 625 Madison Avenue, New York, New York 10022, or at such other place as the Payee or any holder hereof may from time to time designate, in lawful money of the United States, the principal sum of TEN MILLION SIX HUNDRED EIGHTY FIVE THOUSAND DOLLARS ($10,685,000), or, if less than such sum, the aggregate principal amount of all monies advanced to the Debtor by the Payee hereunder as indicated on the grid schedule attached hereto and made a part hereof. All principal outstanding hereunder shall be payable in full on the date (the "Payment Date") which is the earlier to occur of (i) the earlier to occur of (x) the date on which the portion of the RCC Credit Loan (as hereinafter defined) used to fund the loan to the Debtor evidenced hereby s
Exhibit 1 GRID NOTE ---------Grid Note • November 3rd, 1997 • Lehigh Tax Credit Partners LLC • Operators of apartment buildings
Contract Type FiledNovember 3rd, 1997 Company IndustryFOR VALUE RECEIVED, LEHIGH TAX CREDIT PARTNERS L.L.C., a Delaware limited liability company (the "Debtor"), hereby promises to pay to the order of RCC CREDIT FACILITY, L.L.C., a Delaware limited liability company (the "Payee"), at its offices located at 625 Madison Avenue, New York, New York 10022, or at such other place as the Payee or any holder hereof may from time to time designate, in lawful money of the United States, the principal sum of NINE MILLION SIX HUNDRED SIXTY THOUSAND DOLLARS ($9,660,000), or, if less than such sum, the aggregate principal amount of all monies advanced to the Debtor by the Payee hereunder as indicated on the grid schedule attached hereto and made a part hereof. All principal outstanding hereunder shall be payable in full on the date (the "Payment Date") which is the earlier to occur of (i) the earlier to occur of (x) the date on which the portion of the RCC Credit Loan (as hereinafter defined) used to fund the loan to the Debtor evidenced hereby shall b