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ACKNOWLEDGEMENT AND CONSENT
<br />This Acknowledgement and Consent (the "Consent") i's entered
<br />as of th�e 2'8t,h day of November,, 1986, by the Cit,y of Roseville
<br />and the terms of' the Conis�ent are. apipirolved and
<br />411
<br />agreed to as of the same date by Aduance Circuits,, Inic. t he
<br />"Bioririow�er"), a,nd The First National Bank of SaJ. n t Paul (the
<br />RECITALS
<br />FIRST: The B d the Ciit,y en�teried Into a L,oa,n A
<br />greement
<br />4 1 0
<br />Loan
<br />Agreement
<br />Res tated Loan Agreement
<br />rt
<br />t h e,
<br />I'D B Agreement
<br />consIstelint while.,, at
<br />a
<br />Ik
<br />provng some
<br />flexibili'ity in the event
<br />of fu�turie amendm�ent,s to the
<br />Rest,a,ted, Loan Agreement.
<br />oft
<br />this Consent,
<br />N, 4L
<br />4p op
<br />t,erm�s
<br />an�d conditions
<br />c • n t, a i n e d 4 e. r el" T .
<br />]p
<br />FOURTH.1 T'he IDO Loia,n Aigi,reemien�t contai,ns various couenants which
<br />V a w
<br />a,re i n cil o nS3.Stent wi t, h cove,na,nts c ol n t a 3". n e d in t h zi
<br />Ornal L,oain Agreement and the Restated Loan Agreement.
<br />FIFTH: Th�e Borrower has requested that t,he City agree to make
<br />101
<br />a covenants in the O,ri,gina,l
<br />Loan
<br />Agreement
<br />Res tated Loan Agreement
<br />and
<br />t h e,
<br />I'D B Agreement
<br />consIstelint while.,, at
<br />a
<br />time,,
<br />provng some
<br />flexibili'ity in the event
<br />of fu�turie amendm�ent,s to the
<br />Rest,a,ted, Loan Agreement.
<br />By virtue of
<br />this Consent,
<br />the Ci,tyl agrleies to do so,
<br />oin t,he
<br />t,erm�s
<br />an�d conditions
<br />c • n t, a i n e d 4 e. r el" T .
<br />
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