Common Contracts
2 similar Development Loan Agreement contracts by Foreland Corp, Stratus Properties Inc
PREAMBLEDevelopment Loan Agreement • November 13th, 1998 • Stratus Properties Inc • Land subdividers & developers (no cemeteries) • Texas
13,893,000 Longmeadow, Massachusetts As of January 6, 1998 FOR VALUE RECEIVED, the undersigned, Foreland Corporation, a corporation organized and existing under the laws of the State of Nevada, and Eagle Springs Production Limited- Liability Company,...Development Loan Agreement • January 27th, 1998 • Foreland Corp • Crude petroleum & natural gas
FOR VALUE RECEIVED, the undersigned, Foreland Corporation, a corporation organized and existing under the laws of the State of Nevada, and Eagle Springs Production Limited-Liability Company, a limited liability company organized under the laws of the State of Nevada (collectively the "Borrowers"), each promises to pay to the order of Energy Income Fund, L.P., a limited partnership organized and existing under the laws of the State of Delaware (the "Lender"), or its successors or assigns, the principal sum of Thirteen Million Eight Hundred Ninety-Three Thousand Dollars ($13,893,000), or such lesser amount as has been advanced by Lender to Borrowers as part of the Development Loan pursuant to the Financing Agreement of even date herewith, between Borrowers and Lender (the "Financing Agreement"), together with interest from the date of funding as set forth herein. This Note is secured by and entitled to the benefits of the Security Instruments. All capitalized terms not defined herein sha
