NINTH AMENDED AND RESTATED REVOLVING CREDIT NOTE
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$6,000,000.00 DALLAS,
TEXAS TO BE EFFECTIVE AS OF JUNE 26, 2005
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 4975
Preston Park Blvd,
Suite 280, Plano, Texas 75093 , on or
before October 1, 2007, in lawful money of
the United States of America and in
immediately available funds, the principal
sum of Six Million and No/100 Dollars
($6,000,000.00) 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 Ninth
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, that certain Second Amendment to
Third Amended and Restated Loan Agreement
and Amendment to Real Estate Note effective as of
December 26, 2004, and that
certain Third Amendment to Third Amended and Restated Loan Agreement and
Amendment to Real Estate Note effective as of June 26, 2005, the "LOAN
AGREEMENT"), and evidences the Revolving Credit Loans and all additional
Advances made by the Bank pursuant to Article II
thereof. The Loan
Agreem
