Amended and Restated Revolving Credit Note



 Exhibit 10.2 
 AMENDED AND RESTATED REVOLVING CREDIT NOTE 
  

					
	 $40,000,000
	  	 	January 21, 2011	  


FOR VALUE RECEIVED, GREEN PLAINS TRADE GROUP
LLC, a Delaware limited liability company (“GTRADE”), and each Person joined as a Borrower from time to time (each a “Borrower”, and collectively, the “Borrowers”), hereby promise to pay, jointly and severally, to
the order of PNC BANK, NATIONAL ASSOCIATION (“PNC”), at the office of Agent (as defined below) at the address set forth in the Loan Agreement (as defined below) or at such
other place as Agent may from time to time designate to any Borrower in writing: (i) at the end of the Term or (ii) earlier as provided in the Loan Agreement, the lesser of the principal sum of Forty Million Dollars ($40,000,000) or such
lesser sum which then represents such Lender’s Commitment Percentage of the aggregate unpaid principal amount of all Revolving Advances made or extended to any Borrower by PNC pursuant to Section 2.1(a) of the Loan Agreement, in lawful
money of the United States of America in immediately available funds, together with interest on the principal hereunder remaining unpaid form time to time, at the rate or rates from time to time in effect under the Loan Agreement. 

THIS AMENDED AND RESTATED REVOLVING CREDIT NOTE is executed and delivered under and pursuant to the terms of that
certain Amended and Restated Revolving Credit and Security Agreement, dated as of the date hereof (as the same may be amended, restated, supplemented or otherwise modified from time to time, the “Loan Agreement”), by and among the
Borrowers, the various financial institutions named therein or which hereafter become a party thereto as lenders and PNC, in its capacity as agent for Lenders (in such capacity, “Agent”) and in its capacity as a Lender. Capitalized terms
used herein and not otherwise defined herein shall have the meanings provided in the Loan Agreement. 
 Each
Borrower hereby waives diligence, presentment, demand, protest and notice of any kind whatsoever as further set forth in the Loan Agreement. 
 This Amended and Restated Revolving Credit Note is one of the Notes referred to in the Loan Agreement, which among other things, contains provisions for the acceleration of the maturity hereof upon the
happening of certain events, for optional and mandatory prepayments of the principal hereof prior to the maturity hereof and for the amendment or waiver of certain terms and conditions therein specified. This Amended and Restated Revolving Credit
Note amends and restates, but does not extinguish the obligations evidenced by, that certain Revolving Credit Note executed by GTRADE in favor of PNC in the original principal amount of $30,000,000 dated July 30, 2009. 

THIS AMENDED AND RESTATED REVOLVING CREDIT NOTE SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE
STATE OF ILLINOIS APPLIED TO CONTRACTS TO BE PERFORMED WHOLLY WITHIN THE STATE OF ILLINOIS. 







 IN WITNESS WHEREOF, the undersigned has executed this Note the day and year
first written above intending to be legally bound hereby. 
  

			
	GREEN PLAINS TRADE GROUP LLC
		
	 By:
	 	 /s/ Jerry L. Peters

	 Name:
	 	 Jerry L. Peters

	 Title:
	 	 Chief Financial Officer



 [SIGNATURE PAGE TO AMENDED AND RESTATED REVOLVING CREDIT NOTE- PNC] 

  
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