Effective December. 9, 2008 and for the balance of the term of this Note, the interest rate charged on this Note shall be Adjusted LIBOR (as hereinafter defined). To effect such change, the Note is hereby amended to add the following additional provisions thereto:
Appears in 3 contracts
Samples: Note Modification Agreement (Broadwind Energy, Inc.), Note Modification Agreement (Broadwind Energy, Inc.), Note Modification Agreement (Broadwind Energy, Inc.)
Effective December. 9, 2008 and for the balance of the term of this Note, the interest rate charged on this Note shall be Adjusted LIBOR (as hereinafter defined). To effect such change, the Note is hereby amended to add provide that (i) the following additional interest rate charged on the Note shall solely be Adjusted LIBOR, and (ii) the “Adjusted Prime Rate” option and all provisions thereto:applicable thereto is hereby deleted from the Note.
Appears in 1 contract
Samples: Note Modification Agreement (Broadwind Energy, Inc.)
