Reducing Revolving Credit Loan Note Sample Contracts

This Note (a) is one of the Notes referred to in the Credit Agreement, dated as of October 15, 1999 (as amended, restated, supplemented or otherwise modified from time to time, the "Credit Agreement"), among the Borrower, the ---------------- Lender,...
Reducing Revolving Credit Loan Note • November 12th, 1999 • Grubb & Ellis Co • Real estate agents & managers (for others) • Illinois

The holder of this Note is authorized to endorse on the schedules annexed hereto and made a part hereof or on a continuation thereof which shall be attached hereto and made a part hereof the date, the Type and amount of each Reducing Revolving Credit Loan of the Lender and the date and amount of each payment or prepayment of principal thereof, each continuation thereof as the same Type in accordance with the Credit Agreement, each conversion of all or a portion thereof to another Type in accordance with the Credit Agreement and, in the case of Eurodollar Loans, the length of each Interest Period with respect thereto. Each such endorsement shall constitute prima facie evidence of the accuracy of the information endorsed. The failure to make an such endorsement (or any error therein) shall not affect the obligations of the Borrower in respect of any Reducing Revolving Credit Loan.

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