MAKER: The Goldfield Corporation BB&T NOTE MODIFICATION AGREEMENT 9660933082T Note Modification Agreement • December 11th, 2019 • Goldfield Corp • Water, sewer, pipeline, comm & power line construction
This Note Modification Agreement (hereinafter referred to as “Agreement”) is made and entered into this 6th day of December, 2019 by The Goldfield Corporation, as maker, of the Promissory Note as defined below (hereinafter referred to as “Borrower”), in favor of Branch Banking and Trust Company, a North Carolina banking corporation (including its successors and assigns, hereinafter referred to as “Bank”).
ADDENDUM TO NOTE MODIFICATION AGREEMENTNote Modification Agreement • December 11th, 2019 • Goldfield Corp • Water, sewer, pipeline, comm & power line construction
THIS ADDENDUM TO NOTE MODIFICATION AGREEMENT (“Addendum”) is hereby made a part of the Note Modification Agreement dated December 6 , 2019, from The Goldfield Corporation (“Borrower”) payable to the order of BRANCH BANKING AND TRUST COMPANY (“Bank”) in the principal amount of $23,000,000.00 (including all renewals, extensions, modifications and substitutions thereof, the “Note”).
NOTICE AND AGREEMENT REGARDING APPLICABLE LEGAL ENTITY IN LOAN DOCUMENTSNotice and Agreement • December 11th, 2019 • Goldfield Corp • Water, sewer, pipeline, comm & power line construction
Effective December 7, 2019 (the “Effective Date"), Branch Banking and Trust Company (“BB&T”) will merge with SunTrust Bank and change its name to Truist Bank (“Truist”). As of the Effective Date, the loan described above (the “Loan”) closed in the name of BB&T shall be deemed to be made by Truist as further described herein.
AMENDMENT NO. 2 TO LOAN AGREEMENTLoan Agreement • December 11th, 2019 • Goldfield Corp • Water, sewer, pipeline, comm & power line construction
This Amendment No. 2 (the "Amendment") dated as of December 6, 2019, is between Branch Banking and Trust Company (the "Bank") and The Goldfield Corporation (the "Borrower").
