PROMISSORY NOTEAdvanced BioEnergy, LLC • July 7th, 2011 • Industrial organic chemicals
FOR VALUE RECEIVED, the undersigned Ethanol Capital Partners, LP – Series R, a Delaware limited partnership, Ethanol Capital Partners, LP – Series T, a Delaware limited partnership, Ethanol Capital Partners, LP – Series V, a Delaware limited partnership, Ethanol Investment Partners, LLC, a Delaware limited liability company and Tennessee Ethanol Partners, LP, a Delaware limited partnership (collectively, the “Borrowers”) hereby jointly and severally promise to pay to the order of Advanced BioEnergy, LLC, a Delaware limited liability company (the “Lender”) at its office at 8000 Norman Center Drive, Suite 610, Bloomington, Minnesota 55437, the principal sum of Four Hundred Ninety Thousand and no/100 Dollars ($490,000.00), or so much thereof as is outstanding hereunder, in lawful money of the United States of America and in immediately available funds, and to pay fees, costs and interest on said principal sum or the unpaid balance thereof, in like money at said office.
MASTER AGREEMENTMaster Agreement • July 7th, 2011 • Advanced BioEnergy, LLC • Industrial organic chemicals • Minnesota
This AGREEMENT (“Agreement”) is dated as of June 30, 2011 by and among Advanced BioEnergy, LLC, a Delaware limited liability company (“ABE”), Clean Energy Capital, LLC, a Delaware limited liability company (“CEC”), Ethanol Investment Partners, LLC, a Delaware limited liability company (“EIP”), Ethanol Capital Partners, LP – Series R, a Delaware limited partnership, Ethanol Capital Partners, LP – Series T, a Delaware limited partnership, Ethanol Capital Partners, LP – Series V, a Delaware limited partnership, and Tennessee Ethanol Partners, LP, a Delaware limited partnership (each limited partnership is referred to as a “CEC Partnership” and collectively the “CEC Partnerships”; and the CEC Partnerships and EIP are collectively referred to as the “CEC Obligors”).
GUARANTYAdvanced BioEnergy, LLC • July 7th, 2011 • Industrial organic chemicals • Minnesota
PLEDGE AGREEMENTPledge Agreement • July 7th, 2011 • Advanced BioEnergy, LLC • Industrial organic chemicals • Minnesota
This PLEDGE AGREEMENT (“Agreement”), dated June 30, 2011, is made by Ethanol Capital Partners, LP – Series R, a Delaware limited partnership, Ethanol Capital Partners, LP – Series T, a Delaware limited partnership, Ethanol Capital Partners, LP – Series V, a Delaware limited partnership, Ethanol Investment Partners, LLC, a Delaware limited liability company and Tennessee Ethanol Partners, LP, a Delaware limited partnership, jointly and severally (each a “Pledgor,” and collectively the “Pledgors”), in favor of Advanced BioEnergy, LLC, a Delaware limited liability company (“Pledgee”).
