Common Contracts

3 similar Term Note contracts by Energy Inc.

TERM NOTE
Term Note • January 11th, 2010 • Energy Inc. • Natural gas distribution

FOR VALUE RECEIVED, NORTHEAST OHIO NATURAL GAS CORP., an Ohio corporation (“Borrower”), hereby promises to pay to the order of CITIZENS BANK, an Ohio banking corporation (“Bank”), which term shall include any holder hereof, the principal sum of Seven Million Seven Hundred Eighty Thousand Twelve and no/100 Dollars ($7,780,012.00), or so much thereof as may be advanced by Bank pursuant to the terms of the Credit Agreement of even date herewith, by and between Borrower and Bank, as the same may from time to time be amended, modified, revised, supplemented, substituted, renewed, extended or restated (the “Credit Agreement”), together with interest on and from the date of advance, at the interest rate and in the manner as described below.

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TERM NOTE
Term Note • January 11th, 2010 • Energy Inc. • Natural gas distribution

FOR VALUE RECEIVED, GREAT PLAINS NATURAL GAS COMPANY, an Ohio corporation (“Borrower”), hereby promises to pay to the order of CITIZENS BANK, an Ohio banking corporation (“Bank”), which term shall include any holder hereof, the principal sum of Two Million Six Hundred Forty-Five Thousand and no/100 Dollars ($2,645,000.00), or so much thereof as may be advanced by Bank pursuant to the terms of the Credit Agreement of even date herewith, by and between Borrower and Bank, as the same may from time to time be amended, modified, revised, supplemented, substituted, renewed, extended or restated (the “Credit Agreement”), together with interest on and from the date of advance, at the interest rate and in the manner as described below.

TERM NOTE
Term Note • January 11th, 2010 • Energy Inc. • Natural gas distribution

FOR VALUE RECEIVED, GREAT PLAINS LAND DEVELOPMENT COMPANY, LTD., an Ohio limited liability company (“Borrower”), hereby promises to pay to the order of CITIZENS BANK, an Ohio banking corporation (“Bank”), which term shall include any holder hereof, the principal sum of Eight Hundred Ninety-Two Thousand Three Hundred and no/100 Dollars ($892,300.00), or so much thereof as may be advanced by Bank pursuant to the terms of the Credit Agreement of even date herewith, by and between Borrower and Bank, as the same may from time to time be amended, modified, revised, supplemented, substituted, renewed, extended or restated (the “Credit Agreement”), together with interest on and from the date of advance, at the interest rate and in the manner as described below.

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