Back to top

SECOND AMENDMENT TO CONSTRUCTION LOAN AGREEMENT

Construction Loan Agreement

SECOND AMENDMENT TO CONSTRUCTION LOAN AGREEMENT | Document Parties: RED TRAIL ENERGY, LLC | FIRST NATIONAL BANK OF OMAHA You are currently viewing:
This Construction Loan Agreement involves

RED TRAIL ENERGY, LLC | FIRST NATIONAL BANK OF OMAHA

. RealDealDocs™ contains millions of easily searchable legal documents and clauses from top law firms. Search for free - click here.
Title: SECOND AMENDMENT TO CONSTRUCTION LOAN AGREEMENT
Date: 11/19/2007

SECOND AMENDMENT TO CONSTRUCTION LOAN AGREEMENT, Parties: red trail energy  llc , first national bank of omaha
50 of the Top 250 law firms use our Products every day
 
Exhibit 10.2
SECOND AMENDMENT TO CONSTRUCTION LOAN AGREEMENT
This Second Amendment to Construction Loan Agreement is dated as of the 18th day of July, 2007, and is by and between RED TRAIL ENERGY, LLC, a North Dakota limited liability company (“BORROWER”), and FIRST NATIONAL BANK OF OMAHA (“BANK”), a national banking association established at Omaha, Nebraska.
WHEREAS, the BANK and BORROWER executed a written Construction Loan Agreement dated as of July 25, 2002, which, together will all amendments thereto, is collectively called the “AGREEMENT”.
Now, Therefore, in consideration of the AGREEMENT, and their mutual promises made herein, BANK and BORROWER agree as follows:
     1. Terms which are typed herein as all capitalized words and are not defined herein shall have same meanings as when described in the AGREEMENT.
     2. Paragraph 1.23 (A) of the AGREEMENT is hereby amended to read as follows, effective immediately:
1.24 “LOAN TERMINATION DATE” means the earliest to occur of the following: (i) as to the REVOLVING NOTE, July 17, 2008, as to FIXED RATE NOTE, VARIABLE RATE NOTE and as to LONG TERM REVOLVING NOTE, a date which is five years subsequent to the COMPLETION DATE, (ii) the date the OBLIGATIONS ar

 
SITE SEARCH

AGREEMENTS / CONTRACTS

Document Title:

Entire Document: (optional)

Governing Law:(optional)


Try our advanced search >>
 

CLAUSES

Search Contract Clauses >>

Browse Contract Clause Library>>

Get Email Updates
Email:
This is only a partial view of this document. We have millions of legal documents and clauses drafted by top law firms. learn more search for free browse for free learn more