LETTER OF CREDIT August 1, 1998
EX-10.01 3 dex1001.htm LETTER OF CREDIT SIGNED BY THE PRESIDENT OF EXBER, INC Letter of Credit signed by the President of Exber, Inc
EXHIBIT 10.01
El Cortez Hotel
600 E. Fremont
P.O. Box 680
Las Vegas, Nevada 89125
LETTER OF CREDIT
August 1, 1998
Exber, Inc. hereby makes available to the Union Plaza Hotel & Casino a line of credit in the amount of $1,000,000.00 (one million dollars) to be used for normal operating requirements as needed. Extensions of credit under this agreement will be combined with the first mortgage note held by Exber, Inc.
| /s/ JOHN D. GAUGHAN |
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| John D. Gaughan, President |
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