Increase in Commitment. Section 2.1 of the Loan Agreement is amended by replacing “$5,000,000” with “$16,628,646” and the recital and the Note are conformed accordingly, it being agreed that the increased Commitment (a) includes all advances outstanding as of the date hereof, and (b) is otherwise available solely for Advances funded by CMJV from Matching Advances and Additional Qualifying VisionWave Advances under the JV Agreement, and that CMJV has no obligation to fund any Advance except in accordance with the JV Agreement. Nothing herein increases the “irrevocable” funding commitment under the Side Letter dated March 11, 2026 beyond U.S. $5,000,000.
Appears in 4 contracts
Sources: Joint Venture and Operating Agreement (Sadot Group Inc.), Joint Venture and Operating Agreement (VisionWave Holdings, Inc.), Acknowledgment, Consent and Loan Agreement Amendment (VisionWave Holdings, Inc.)