SECURITY AGREEMENTSecurity Agreement • January 5th, 2016 • Advanced BioEnergy, LLC • Industrial organic chemicals • North Dakota
THIS SECURITY AGREEMENT (the “Agreement”) dated as of December 29, 2015, is between ABE SOUTH DAKOTA, LLC, a Delaware limited liability company (“Borrower”), and AGCOUNTRY FARM CREDIT SERVICES, PCA (“Lender”).
SECOND SUPPLEMENT TO THE MASTER CREDIT AGREEMENT (Term Loan)Master Credit Agreement • January 5th, 2016 • Advanced BioEnergy, LLC • Industrial organic chemicals • North Dakota
THIS SECOND SUPPLEMENT TO THE MASTER CREDIT AGREEMENT (“Second Supplement”) is made and entered into as of December 29, 2015, by and between ABE SOUTH DAKOTA, LLC, a Delaware limited liability company (“Borrower”), and AGCOUNTRY FARM CREDIT SERVICES, PCA (“Term Lender”) in its capacity as Term Lender hereunder. This Second Supplement supplements the Master Credit Agreement between Lender and Borrower dated as of even date herewith (as the same may be amended, restated, or otherwise modified (other than by Supplements entered into pursuant to Section 1.02 thereof) from time to time, the “Master Agreement”)
MASTER CREDIT AGREEMENT dated December 29, 2015 among ABE SOUTH DAKOTA, LLC as Borrower and AGCOUNTRY FARM CREDIT SERVICES, PCA as LenderMaster Credit Agreement • January 5th, 2016 • Advanced BioEnergy, LLC • Industrial organic chemicals • North Dakota
THIS MASTER CREDIT AGREEMENT is made and entered into as of December 29, 2015 by and among ABE South Dakota, LLC, a Delaware limited liability company, (“Borrower”), AGCOUNTRY FARM CREDIT SERVICES, PCA (“Lender”), a federal production credit association organized under the Farm Credit Act of 1971, as amended.
TERM LOAN NOTEAdvanced BioEnergy, LLC • January 5th, 2016 • Industrial organic chemicals
FOR VALUE RECEIVED, the undersigned, ABE SOUTH DAKOTA, LLC, a Delaware limited liability company (“Borrower”), hereby promises to pay to the order of AgCountry Farm Credit Services, PCA (together with any subsequent holder hereof, “Term Lender”) or its successors and assigns, at Post Office Box 6020, 1900 44th Street South, Fargo, North Dakota 58108, (a) on the Term Loan Maturity Date (as defined in the Master Credit Agreement between Borrower and Term Lender dated as of December 29, 2015 and the Second Supplement to the Master Credit Agreement (Term Loan) between Borrower and Term Lender dated the same date (as the same may be amended, restated, supplemented or otherwise modified from time to time), collectively known as the “Credit Agreement”), the principal sum of Twenty Million and No/100 Dollars ($20,000,000.00) or so much of the unpaid principal amount of the Term Loan (as defined in the Credit Agreement) as has been advanced by Term Lender to Borrower pursuant to the Credit Agre
FIRST SUPPLEMENT TO THE MASTER CREDIT AGREEMENT (Revolving Term Facility)Master Credit Agreement • January 5th, 2016 • Advanced BioEnergy, LLC • Industrial organic chemicals
THIS FIRST SUPPLEMENT TO THE MASTER CREDIT AGREEMENT (“First Supplement”) is made and entered into as of December 29, 2015, by and between ABE SOUTH DAKOTA, LLC a Delaware limited liability company (“Borrower”), and AGCOUNTRY FARM CREDIT SERVICES, PCA (“Revolving Term Lender”) in its capacity as Revolving Term Lender hereunder. This First Supplement supplements the MASTER CREDIT AGREEMENT between Revolving Term Lender and Borrower dated as of even date herewith (as the same may be amended, restated, or otherwise modified (other than by Supplements entered into pursuant to Section 1.02 thereof) from time to time, the “Master Agreement”).
REVOLVING CREDIT NOTEAdvanced BioEnergy, LLC • January 5th, 2016 • Industrial organic chemicals
FOR VALUE RECEIVED, the undersigned, ABE SOUTH DAKOTA, LLC a Delaware limited liability company (“Borrower”), hereby promises to pay to the order of AgCountry Farm Credit Services, PCA (together with any subsequent holder hereof, “Revolving Term Lender”) or its successors and assigns, at Post Office Box 6020, 1900 44th Street South, Fargo, North Dakota 58108, (a) on the Revolving Term Facility Maturity Date (as defined in the Master Credit Agreement between Borrower and Revolving Term Lender dated as of December 29, 2015 and the First Supplement to the Master Credit Agreement (Revolving Term Facility) between Borrower and Revolving Term Lender dated the same date (as the same may be amended, restated, supplemented or otherwise modified from time to time), collectively known as the “Credit Agreement”), the principal sum of Ten Million and No/100 Dollars ($10,000,000.00) or so much of the unpaid principal amount of the Revolving Term Facility (as defined in the Credit Agreement) as has b
