TERMINATION AGREEMENT
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THIS AGREEMENT ("Agreement") is entered into as of the 9th day of
December, 1996, by and between ▇▇▇▇ HOLDINGS LIMITED PARTNERSHIP, a Maryland
limited partnership ("Customer"), and ▇▇▇▇▇ FARGO BANK, NATIONAL ASSOCIATION, a
national banking association ("Bank").
WHEREAS, Customer and Bank have entered into that certain Interest Rate
Agreement dated as of March 16, 1995 and specifying a Capped Amount of
$50,000,000.00; and
WHEREAS, Customer and Bank desire to terminate that certain Interest
Rate Agreement as of December 11, 1996;
THEREFORE, in consideration of the mutual covenants and promises of Bank
and Customer, the parties hereto agree as follows:
1. Customer hereby confirms its consent to such termination.
2. Bank hereby confirms its consent to such termination.
3. Customer and Bank hereby agree that this voluntary termination prior
to the scheduled termination will result in no termination fee to be paid by
Bank to Customer.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as
of the day and year first written above.
Bank: Customer:
▇▇▇▇▇ FARGO BANK, N.A., ▇▇▇▇ HOLDINGS LIMITED PARTNERSHIP,
a national banking association a Maryland limited partnership
BY: /s/ ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ BY: ▇▇▇▇ CENTERS, INC.,
▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ a Maryland Corporation
Its: Vice President
Its: General Partner
BY: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇
▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇
Its: Vice President and CFO
