Amendments to Purchase Agreement Sample Clauses

Amendments to Purchase Agreement. The Purchase Agreement is hereby amended as follows:

Amendments to Purchase Agreement. The Purchase Agreement shall, effective as of the Effective Date, be amended in the manner provided in this Section 1.

Amendments to Purchase Agreement. The Purchase Agreement shall be amended as follows: (a) Section 4.1 is hereby amended and restated in its entirety to read as follows:

Amendments to Purchase Agreement. (a) The following provision is added to the Purchase Agreement as Section 9.7:

Amendments to Purchase Agreement. The Borrower shall not amend the Purchase Agreement without the prior written consent of the Lenders.

Amendments to Purchase Agreement. Effective upon the Amendment No. 1 Effective Date, the Purchase Agreement is hereby amended as follows. (a) Section 1.1 of the Purchase Agreement is hereby amended by deleting the definition of “Subsequent Term Maximum Availability” in its entirety and replacing it with the following:

Amendments to Purchase Agreement. 2.1 Section 12.1 of the Purchase Agreement is hereby amended by adding the following definition:

Amendments to Purchase Agreement. Effective as of the Effective Date: (a) Section 2.1.4 of the Purchase Agreement is amended and restated to read in its entirety as follows: (i) The additional sum of (i) Five Million Dollars (USD $5,000,000) (the “Contingent Post-Closing Cash Consideration”) and (ii) Five Million (5,000,000) restricted shares of Purchaser Common Stock (the “Post-Closing Shares”, and together with the Contingent Post-Closing Cash Consideration, the “Contingent Post-Closing Consideration”), which Post-Closing Shares have an agreed aggregate value of Fifteen Million Dollars (USD $15,000,000). (ii) The (a) Contingent Post-Closing Cash Consideration shall be paid to the Sellers pursuant to the Contingent Post-Closing Cash Consideration Payment Schedule below, and (b) the Post-Closing Shares shall be issued to the Sellers within five (5) Business Days following October 9, 2024 (the “Determination Date”), in each case, if (and only if) Purchaser has determined that each of the Contingent Post-Closing Payment Conditions (hereafter defined) have been satisfied on each applicable date that Contingent Post-Closing Cash Consideration is due pursuant to the Contingent Post-Closing Cash Consideration Payment Schedule and on the Determination Date. For purposes of the foregoing, “Contingent Post-Closing Payment Conditions” are as follows: the Sellers and their Affiliates are not then in default in any of their material obligations, covenants or representations under this Agreement, any of the Transaction Documents, or any other agreement with Purchaser beyond any applicable cure periods herein or therein, as confirmed by Sellers in a signed writing delivered to Purchaser and verified by the Purchaser within five (5) Business Days thereafter (to the extent such confirmation is required by the Purchaser in its sole discretion). The date the Post-Closing Shares are issued shall be defined herein as the “Post-Closing Issuance Date”.

Amendments to Purchase Agreement. Section 1.1. Section 11.2