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Document Preview Revolving Credit Secured Promissory Note [Amendment No. 3] |
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Title: |
Revolving Credit Secured Promissory Note [Amendment No. 3] |
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Entities: |
Mission West Properties Inc.; Berg & Berg Enterprises, LLC; Mission West Properties, L.P. I |
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Date: |
2003 |
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Size: |
3KB total |
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Price: |
$33 |
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ID: |
#261232 |
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THIRD AMENDMENT TO REVOLVING CREDIT SECURED PROMISSORY NOTE
This Third Amendment to Revolving Credit Secured Promissory Note ("Amendment"),
is made and entered into this 1st day of January, 2003 by and between Berg &
Berg Enterprises, LLC, a California limited liability company, or its assigns
("Berg") and Mission West Properties, L.P., a Delaware limited partnership,
Mission West Properties, L.P. I, a Delaware limited partnership, Mission West
Properties, L.P. II, a Delaware limited partnership, and Mission West
Properties, L.P. III, a Delaware limited partnership (collectively referred to
herein as "Mission").
RECITALS
A. Berg has provided Mission revolving credit secured by a promissory note and
deed of trust in the amount of $100,000,000 pursuant to that certain
Revolving Credit Secured Promissory Note (the "Note") dated July 1, 2001.
B. Mission has requested and Berg has agreed to decrease the amount available
to Mission under the Note by $80,000,000 for a total of $20,000,000 subject
to the terms and conditions set forth herein.
NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency
of which are acknowledged, the parties hereto agree to amend the Note as
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