0001558370-22-000635 Sample Contracts

Revolving Credit PROMISSORY NOTE
Granite Falls Energy, LLC • January 31st, 2022 • Industrial organic chemicals

THIS Revolving Credit PROMISSORY NOTE (this “Promissory Note”) to the Credit Agreement dated ____________________ (such agreement, as may be amended, hereinafter referred to as the “Credit Agreement”), is entered into as of ______________________ between AGCOUNTRY FARM CREDIT SERVICES, PCA, a federally-chartered instrumentality of the United States (“Lender”) and Granite Falls Energy, LLC, Granite Falls, Minnesota, a limited liability company (together with its permitted successors and assigns, the “Borrower”). Capitalized terms not otherwise defined in this Promissory Note will have the meanings set forth in the Credit Agreement.

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AMENDED AND RESTATED Letter of Credit PROMISSORY NOTE
Granite Falls Energy, LLC • January 31st, 2022 • Industrial organic chemicals

THIS AMENDED AND RESTATED Letter of Credit PROMISSORY NOTE (this “Promissory Note”) to the Credit Agreement dated ____________________ (such agreement, as may be amended, hereinafter referred to as the “Credit Agreement”), is entered into as of ______________________ between AgCountry Farm Credit Services, PCA, a federally-chartered instrumentality of the United States (“Lender”) and Granite Falls Energy, LLC, Granite Falls, Minnesota, a limited liability company (together with its permitted successors and assigns, the “Borrower”). Capitalized terms not otherwise defined in this Promissory Note will have the meanings set forth in the Credit Agreement.

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