CONSTRUCTION LOAN AGREEMENT (_________________, Michigan)Construction Loan Agreement • February 11th, 2003 • Meritage Hospitality Group Inc /Mi/ • Retail-eating places • Arizona
THIS LOAN AGREEMENT (this “Loan Agreement”) dated as of _________________, is made by and between GE CAPITAL FRANCHISE FINANCE CORPORATION, a Delaware corporation (“Lender”), whose address is 17207 North Perimeter Drive, Scottsdale, Arizona 85255, and WM LIMITED PARTNERSHIP - 1998, a Michigan limited partnership doing business as Wendy’s of Michigan, whose address is 1971 East Beltline NE, Suite 200, Grand Rapids, Michigan 49525 (“Borrower”), with respect to a loan in the principal sum of up to $_____________________.
