0001144204-18-028692 Sample Contracts

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Final form of REVOLVING CREDIT NOTE
Revolving Credit Note • May 15th, 2018 • Sachem Capital Corp. • Real estate investment trusts

FOR VALUE RECEIVED, each of the undersigned (each, a “Borrower”, and collectively, the “Borrowers”) promises to pay to the order of _____________ (“Payee”; Payee, together with any other holder hereof, sometimes referred to herein as the “Holder”), at the office of Agent (as defined below), located at _______________ or at such other place located in the United States of America as Payee may from time to time designate to Borrower Representative in writing, the principal sum of ___________ ($_________), or such lesser amount as may be outstanding under Revolving Advances made pursuant to the Credit Agreement (defined below), at such time or times as are provided in the Credit Agreement (defined below) and, in any event, on the last day of the Term, subject to acceleration upon the occurrence of an Event of Default under the Credit Agreement or earlier termination of the Credit Agreement pursuant to the terms thereof, together with interest on the unpaid principal balance hereof from th

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