LOAN AGREEMENTLoan Agreement • October 11th, 2005 • Build a Bear Workshop Inc • Retail-hobby, toy & game shops • Missouri
BUILD-A-BEAR WORKSHOP FRANCHISE HOLDINGS, INC., a Delaware corporation (“Lender”), and AMSBRA, LTD., an English corporation (“Borrower”), hereby agree as follows effective as of October 4, 2005 (the "Effective Date"):
Relating To a Loan AgreementLoan Agreement • October 11th, 2005 • Build a Bear Workshop Inc • Retail-hobby, toy & game shops
REVOLVING CREDIT NOTEBuild a Bear Workshop Inc • October 11th, 2005 • Retail-hobby, toy & game shops
FOR VALUE RECEIVED, AMSBRA, LTD. (“Borrower”) promises to pay to the order of BUILD-A-BEAR WORKSHOP FRANCHISE HOLDINGS, INC. ("Lender") in lawful money in immediately available funds at its offices located at 1954 Innerbelt Business Center Drive, St. Louis, Missouri 63114, the principal sum of FOUR MILLION FOUR HUNDRED TWENTY FIVE THOUSAND DOLLARS ($4,425,000) ("Total Facility") or such lesser amount as may be outstanding hereunder, together with interest from the date of disbursement of funds hereunder at the interest rate per annum set forth below.
