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EIGHTH AMENDED AND RESTATED REVOLVING CREDIT
NOTE
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$3,000,000.00 DALLAS, TEXAS TO BE EFFECTIVE AS OF DECEMBER 26,
2004
FOR VALUE RECEIVED, the undersigned, PIZZA INN, INC., a
Missouri
corporation (the "BORROWER"), hereby promises to pay to the
order of WELLS FARGO
BANK, NATIONAL ASSOCIATION (successor to Wells Fargo Bank
(Texas), National
Association, herein "BANK"), at its office located at 1445 Ross
Avenue, Dallas,
Texas 75202, on or before December 23, 2005, in lawful money of
the United
States of America and in immediately available funds, the
principal sum of Three
Million and No/100 Dollars ($3,000,000.00) or such lesser amount
as shall equal
the aggregate unpaid principal amount of the Revolving Credit
Loans and any
additional Advances made by the Bank to the Borrower under
Article II of the
Loan Agreement referred to below, and to pay interest on the
amount of each such
Advance, at such office, in like money and funds, for the period
commencing on
the date of such Advance until such Advance shall be paid in
full, at the rates
per annum and on the dates provided in the Loan Agreement (as
hereinafter
defined).
The Borrower hereby authorizes the Bank to record in Bank's
internal
records the amount and Type of Advances made to the Borrower by
the Bank and all
Continuations, Conversions, and payments of principal in respect
of such
Advances, which records shall, in the absence of manifest error,
be conclusive
as to the outstanding principal amount of all such Advances;
provided, however,
that the failure to make such notation with respect to any such
Advance or
payment shall not limit or otherwise affect the obligations of
the Borrower
under the Loan Agreement or this Note.
This Note is the Eighth Amended and Restated Revolving Credit
Note referred
to in the Third Amended and Restated Loan Agreement, dated as of
January 22,
2003, but effective as of December 29, 2002 (as amended by that
certain First
Amendment to Third Amended and Restated Loan Agreement dated as
of March 28,
2004 and that certain Second Amendment to Third Amended and
Restated Loan
Agreement and Amendment to Real Estate Note effective as of
December 26, 2004,
the "LOAN AGREEMENT"), and evidences the Revolving Credit Loans
and all
additional Advances made by the Bank pursuant to Article II
thereof. The Loan
Agreement, among other things, contains provisions for
acceleration of the
maturity of this Note u
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