PROMISSORY NOTE (ADVANCING LINE OF CREDIT)Promissory Note • November 25th, 2009 • Hiland Holdings GP, LP • Natural gas distribution
FOR VALUE RECEIVED, HILAND HOLDINGS GP, LP, a Delaware limited partnership (the “Borrower”), hereby unconditionally promises to pay to the order of the Bank at the offices of the Bank, 3333 N.W. Expressway, Oklahoma City, Oklahoma, or at P.O. Box 25676, Oklahoma City, Oklahoma 73125-0676, the maximum principal sum of Five Million and No/100 Dollars ($5,000,000.00), or so much thereof as may be advanced to or for the benefit of the Borrower, in lawful money of the United States of America, together with interest from the date hereof until paid at the rate set forth below, on or before April 2, 2010 (the “Maturity Date”). The Borrower may borrow up to the maximum principal amount only one time and repaying a part of the principal will not entitle the Borrower to reborrow.
LOAN AGREEMENT BETWEEN HILAND HOLDINGS GP, LP AS BORROWER AND COPPERMARK BANK AS THE BANK NOVEMBER 23, 2009Loan Agreement • November 25th, 2009 • Hiland Holdings GP, LP • Natural gas distribution • Oklahoma
This Loan Agreement (the “Loan Agreement”) is made November 23, 2009 by and between HILAND HOLDINGS GP, LP, a Delaware limited partnership (the “Borrower”), and COPPERMARK BANK, an Oklahoma state banking association (the “Bank”).
PLEDGE AND SECURITY AGREEMENTPledge and Security Agreement • November 25th, 2009 • Hiland Holdings GP, LP • Natural gas distribution
This Pledge and Security Agreement (the “Pledge Agreement”) dated November 23, 2009, is between HILAND HOLDINGS GP, LP, a Delaware limited partnership (referred to herein as either “Hiland Holdings” “Borrower” or “Pledgor”) and COPPERMARK BANK, an Oklahoma state banking association (the “Secured Party”).
