WITNESSETH THAT:Pledge Agreement • May 15th, 1997 • Grubb & Ellis Co • Real estate agents & managers (for others) • Pennsylvania
Exhibit 4.16 REVOLVING CREDIT NOTE $15,000,000.00 Pittsburgh, Pennsylvania March 13, 1997 FOR VALUE RECEIVED, the undersigned, GRUBB & ELLIS COMPANY, a Delaware corporation (the "Maker"), promises to pay to the order of PNC BANK, NATIONAL ASSOCIATION,...Revolving Credit Note • May 15th, 1997 • Grubb & Ellis Co • Real estate agents & managers (for others)
FOR VALUE RECEIVED, the undersigned, GRUBB & ELLIS COMPANY, a Delaware corporation (the "Maker"), promises to pay to the order of PNC BANK, NATIONAL ASSOCIATION, ("Lender") in immediately available funds at the Pittsburgh, Pennsylvania office of Lender at One PNC Plaza, 249 Fifth Avenue, 19th Floor, Pittsburgh, Pennsylvania 15222-2707, or at such other location as the holder hereof may designate from time to time, the lesser of (i) the principal sum of Fifteen Million Dollars ($15,000,000.00) or (ii) the aggregate unpaid principal amount of all loans made by Lender to Maker pursuant to Section 2.1 of the Credit Agreement dated as of March 13, 1997, among Lender and Maker (the "Credit Agreement"), on March 13, 2001, together with interest from the date hereof on the unpaid balance of the principal hereof (i) until maturity, at the rate set forth in Section 4.1 of the Credit Agreement, as selected by the Maker in accordance with the terms of the Credit Agreement, payable in accordance wi
Exhibit 10.4 SECURITY AGREEMENT THIS SECURITY AGREEMENT (the "Agreement"), dated March 13, 1997, is entered into by and among GRUBB & ELLIS COMPANY, a Delaware corporation (the "Borrower"), and EACH OF THE CORPORATIONS LISTED AS A SUBSIDIARY ON THE...Security Agreement • May 15th, 1997 • Grubb & Ellis Co • Real estate agents & managers (for others) • Pennsylvania
15,000,000 REVOLVING CREDIT FACILITY CREDIT AGREEMENT by and among GRUBB & ELLIS COMPANY, THE GUARANTORS and PNC BANK, NATIONAL ASSOCIATION Dated as of March 13, 1997Credit Agreement • May 15th, 1997 • Grubb & Ellis Co • Real estate agents & managers (for others) • Pennsylvania
BACKGROUNDMaster Agreement of Guaranty and Suretyship • May 15th, 1997 • Grubb & Ellis Co • Real estate agents & managers (for others)
WITNESSETH:Master Collateral Assignment of Contract Rights • May 15th, 1997 • Grubb & Ellis Co • Real estate agents & managers (for others)
Exhibit 10.5 TRADEMARK SECURITY AGREEMENT FOR VALUE RECEIVED, the receipt and sufficiency of which are hereby acknowledged, the undersigned GRUBB & ELLIS COMPANY ("Debtor"), a Delaware corporation, hereby conveys a security interest to PNC BANK,...Trademark Security Agreement • May 15th, 1997 • Grubb & Ellis Co • Real estate agents & managers (for others)
Exhibit 4.15 SUBORDINATION AGREEMENT THIS SUBORDINATION AGREEMENT is dated as of March 13, 1997 and is made by and among GRUBB & ELLIS COMPANY, a Delaware corporation ( the "Borrower"), and EACH OF THE CORPORATIONS LISTED ON THE ATTACHED SUBSIDIARIES...Subordination Agreement • May 15th, 1997 • Grubb & Ellis Co • Real estate agents & managers (for others) • Pennsylvania
