Common use of Increase in Loan Amount Clause in Contracts

Increase in Loan Amount. The Loan Agreement shall be amended by increasing the Loan Amount from $850,000 to 950,000, and everywhere in the Loan Agreement where reference is made to the Loan Amount, directly or indirectly, such term or reference shall be amended and modified accordingly. Accordingly, a Convertible Note in the form of Exhibit A and a Second Amended Security Agreement in the form of Exhibit B shall be executed and delivered by Borrower to Lender contemporaneously herewith. The Origination and Commitment Fees described in Section 2.1 of the Loan Agreement shall apply to the additional amount to be loaned hereunder.

Increase in Loan Amount. The Loan Agreement shall be amended by increasing the Loan Amount from $850,000 750,000 to 950,000850,000, and everywhere in the Loan Agreement where reference is made to the Loan Amount, directly or indirectly, such term or reference shall be amended and modified accordingly. Accordingly, a Convertible Note in the form of Exhibit A and a Second Amended Security Agreement in the form of Exhibit B shall be executed and delivered by Borrower to Lender contemporaneously herewith. The Origination and Commitment Fees described in Section 2.1 of the Loan Agreement shall apply to the additional amount to be loaned hereunder.

Increase in Loan Amount. The Loan Agreement shall be amended by increasing the Loan Amount from $850,000 950,000 to 950,0001,050,000, and everywhere in the Loan Agreement where reference is made to the Loan Amount, directly or indirectly, such term or reference shall be amended and modified accordingly. Accordingly, a Convertible Note in the form of Exhibit A and a Second Third Amended Security Agreement in the form of Exhibit B shall be executed and delivered by Borrower to Lender contemporaneously herewith. The Origination and Commitment Fees described in Section 2.1 of the Loan Agreement shall apply to the additional amount to be loaned hereunder.

Increase in Loan Amount. The Loan Agreement shall be amended by increasing the Loan Amount from $850,000 700,000 to 950,000750,000, and everywhere in the Loan Agreement where reference is made to the Loan Amount, directly or indirectly, such term or reference shall be amended and modified accordingly. Accordingly, a Convertible Note in the form of Exhibit A and a Second Amended Security Agreement in the form of Exhibit B shall be executed and delivered by Borrower to Lender contemporaneously herewith. The Origination and Commitment Fees described in Section 2.1 of the Loan Agreement shall apply to the additional amount to be loaned hereunder.