Amendment of the Notes. Any corresponding provisions reflected in the Notes shall also be deemed amended in conformity herewith.
Amendment of the Notes. The Notes are amended to delete all provisions inconsistent with the amendments to the Indenture made pursuant to Section 2, Section 3, Section 5, Section 7 and Section 8.
Amendment of the Notes. The definition of Election Period within the Notes is hereby amended by deleting the existing definition and inserting in lieu thereof the following:
Amendment of the Notes. Section 3.1 of each Note is hereby deleted in its entirety and amended to read as follows:
Amendment of the Notes. The definition of “Maturity Date” in each Note is hereby amended to read: “the later of (i) the date that is ninety-one (91) days after the date on which Security Termination (as defined in the Loan Agreement, dated as of June 29, 2012, between Maker, as borrower, the lenders party thereto and Apollo Investment Corp., as administrative agent) occurs, and (ii) July 31, 2017.”
Amendment of the Notes. (a) Paragraph 3 of the Grid Note is amended and restated to read in its entirety as follows: ONE MILLION ($1,000,000) of principal shall be due and payable upon the earlier of (i) June 30, 2024 or (ii) upon the Company receiving a cumulative amount of TWENTY FIVE MILLION DOLLARS ($25,000,000) of financing, whichever is earlier. The remaining principal and accrued interest thereon shall be due and payable on the earlier to occur of (i) December 31, 2025 or (ii) consummation of financing with aggregate proceeds of at least ONE HUNDRED MILLION DOLLARS ($100,000,000).
Amendment of the Notes. (i) The definition of Spread (Plus or Minus) within the Notes is hereby amended by deleting the existing definition in its entirety and inserting in lieu thereof the following: SPREAD (PLUS OR MINUS): Plus 0.000% per annum for the Interest Reset Dates occurring from the Original Issue Date to and including August 14, 2005; plus 0.030% per annum for the Interest Reset Dates occurring from and including August 15, 2005 to and including August 14, 2006; plus 0.060% per annum for the Interest Reset Dates occurring from and including August 15, 2006 to and including August 14, 2007; plus 0.080% per annum for the Interest Reset Dates occurring from and including August 15, 2007 to and including September 14, 2007; plus 0.125% per annum for the Interest Reset Dates occurring from and including September 15, 2007 to and including August 14, 2008; plus 0.150% per annum for the Interest Reset Dates occurring from and including August 15, 2008 to and including August 14, 2009; plus 0.180% per annum for the Interest Reset Dates occurring from and including August 15, 2009 to but excluding August 13, 2010.
Amendment of the Notes. Subject to the satisfaction of the terms and conditions set forth in Section 5, the last paragraph of the legend on each of the Notes is hereby amended and restated as follows: “Anything herein to the contrary notwithstanding, the liens and security interests securing the obligations evidenced by this promissory note, the exercise of any right or remedy with respect thereto, and certain of the rights of the holder hereof are subject to the provisions of the Intercreditor and Subordination Agreement dated as of December 21, 2022 (as amended, restated, supplemented,
Amendment of the Notes. The Holder hereby amends the Notes to provide that the entire unpaid principal amount of the Notes and any accrued interest thereon shall be convertible into Common Stock at the conversion price described in Section 1.2 below.
Amendment of the Notes. Upon execution of this Agreement, (i) the Maturity Date (as defined in the Notes) shall be March 15, 2013; (ii) from the date hereof until payment in full of the Notes, the interest rate shall be 10% and (ii) the Principal balance shall be increased to $756,250.
