RECITALSPledge Agreement • April 1st, 2002 • American Real Estate Partners L P • Operators of nonresidential buildings • New York
RECITALSAccommodation Pledge Agreement • April 1st, 2002 • American Real Estate Partners L P • Operators of nonresidential buildings • New York
NOTELoan Agreement • April 1st, 2002 • American Real Estate Partners L P • Operators of nonresidential buildings
FOR VALUE RECEIVED, the undersigned, Carl C. Icahn, a natural person, ("Borrower") promises to pay to the order of American Real Estate Holdings, L.P. (the "Lender"), on or before December 27, 2003 (the "Maturity Date"), the sum of Two Hundred Fifty Million Dollars ($250,000,000), or, if less, the aggregate unpaid principal amount of the loan (the "Loan").
