Loans made by the Lender shall be
evidenced by one or more loan accounts or records maintained by the Lender in
the ordinary course of business. The Lender may also attach schedules to this
Note and endorse thereon the date, amount and maturity of its Revolving Loans,
New Vehicle Floorplan Loans and Used Vehicle Floorplan Loans and payments with
respect thereto.
Each Borrower, for itself, its successors and assigns, hereby waives diligence,
presentment, protest and demand and notice of protest, demand, dishonor and
non-payment of this Note.
THIS NOTE SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE
STATE OF NORTH CAROLINA.
SONIC AUTOMOTIVE, INC.
By:
/s/ Greg Young
Name:
Greg Young
Title:
Vice President/Chief Accounting Officer
AVALON FORD, INC. CAPITOL CHEVROLET AND IMPORTS, INC. FAA AUTO FACTORY, INC. FAA
BEVERLY HILLS, INC. FAA CAPITOL N, INC. FAA CONCORD H, INC. FAA CONCORD T, INC.
FAA DUBLIN N, INC. FAA DUBLIN VWD, INC. FAA LAS VEGAS H, INC. FAA POWAY T, INC.
FAA SAN BRUNO, INC. FAA SANTA MONICA V, INC. FAA SERRAMONTE, INC. FAA SERRAMONTE
H, INC. FAA SERRAMONTE L, INC. FAA STEVENS CREEK, INC. FORT MYERS COLLISION
CENTER, LLC FRANCISCAN MOTORS, INC. KRAMER MOTORS INCORPORATED MARCUS DAVID
CORPORATION MOUNTAIN STATES MOTORS CO., INC. ONTARIO L, LLC PHILPOTT MOTORS,
LTD. RIVERSIDE NISSAN, INC. SANTA CLARA IMPORTED CARS, INC.
SONIC AUTOMOTIVE - 1400 AUTOMALL DRIVE, COLUMBUS, INC.
By:
/s/ Joseph O'Connor
Name:
Joseph O'Connor
Title:
Assistant Treasurer
SONIC AUTOMOTIVE - 1455 AUTOMALL DRIVE, COLUMBUS, INC.
SONIC AUTOMOTIVE - 1500 AUTOMALL DRIVE, COLUMBUS, INC.
SONIC AUTOMOTIVE 5260 PEACHTREE INDUSTRIAL BLVD., LLC
SONIC AUTOMOTIVE - 6008 N. DALE MABRY, FL, INC.
SONIC AUTOMOTIVE - 9103 E. INDEPENDENCE, NC, LLC
SONIC ADVANTAGE PA, L.P.
SONIC - ANN ARBOR IMPORTS, INC.
SONIC - BETHANY H, INC.
SONIC - BUENA PARK H, INC.
SONIC - CADILLAC D, L.P.
SONIC - CALABASAS A, INC.
SONIC - CALABASAS V, INC.
SONIC - CAPITOL IMPORTS, INC.
SONIC - CARROLLTON V, L.P.
SONIC - CLEAR LAKE VOLKSWAGEN, L.P.
SONIC - CREST H, LLC
SONIC - DENVER T, INC.
SONIC - DOWNEY CADILLAC, INC.
SONIC - ENGLEWOOD M, INC.
SONIC - FM VW, INC.
SONIC - FORT WORTH T, L.P.
SONIC - FREELAND, INC.
SONIC - HARBOR CITY H, INC.
SONIC - HOUSTON V, L.P
SONIC - JERSEY VILLAGE VOLKSWAGEN, L.P.
SONIC - LAKE NORMAN DODGE, LLC
SONIC - LLOYD NISSAN, INC.
SONIC - LUTE RILEY, L.P.
SONIC - MANHATTAN FAIRFAX, INC.
SONIC - MASSEY CHEVROLET, INC.
SONIC - MESQUITE HYUNDAI, L.P.
SONIC MOMENTUM JVP, L.P.
SONIC MOMENTUM VWA, L.P.
SONIC MONTGOMERY B, INC.
By:
/s/ Joseph O'Connor
Name:
Joseph O'Connor
Title:
Assistant Treasurer
SONIC - NEWSOME OF FLORENCE, INC.
SONIC - NORTH CHARLESTON, INC.
SONIC - OKLAHOMA T, INC.
SONIC - ROCKVILLE IMPORTS, INC.
SONIC - ROCKVILLE MOTORS, INC.
SONIC - SERRAMONTE I, INC.
SONIC - SHOTTENKIRK, INC.
SONIC - STEVENS CREEK B, INC.
SONIC - UNIVERSITY PARK A, L.P.
SONIC - VOLVO LV, LLC
SONIC - WEST COVINA T, INC.
SONIC