ASSIGNMENT OF NOTEAssignment of Note • March 23rd, 2007 • Good Times Restaurants Inc • Retail-eating places
The pronouns "you" and "your" refer to the Secured Party. The pronouns "I," "me" and "my" refer to each person or entity signing this Agreement as Debtor and agreeing to give the Property described in this Agreement as security for the Secured Debts.
PROMISSORY NOTE (Leasehold Loan)Promissory Note • March 23rd, 2007 • Good Times Restaurants Inc • Retail-eating places
FOR VALUE RECEIVED, the undersigned GOOD TIMES DRIVE THRU, INC., a Colorado corporation ("GT Drive Thru") and GOOD TIMES RESTAURANTS INC., a Nevada corporation (collectively, "Maker"), hereby jointly, severally and unconditionally promise to pay to the order of PFGI II, LLC, a Colorado limited liability company, or order ("Holder"), the principal sum of One Million Dollars ($1,000,000), together with interest accruing at the rate of the Prime Rate, as hereinafter defined, plus two percent (2%) per annum on the unpaid principal balance as set forth below. Such principal and interest shall be payable pursuant to paragraph 2 below at 3620 W. 10th Street, Unit B-411, Greeley, Colorado 80634, or at such other place as Holder shall designate in writing. "Prime Rate" means the base rate reported in the Money Rates column or section of The Wall Street Journal for corporate loans at large U.S. commercial banks. Any change in the Prime Rate shall take effect on the date specified in the public a
