Increase in Principal. The Principal Amount of the Note shall be increased from Seven Hundred Fifty Thousand and 00/100 Dollars ($750,000.00) to One Million Four Hundred Thousand and 00/100 Dollars ($1,400,000.00).
Increase in Principal. The Loan shall be increased by £52,088 in principal (or $60,000) for a total principal amount of £ 368,623.
Increase in Principal. The Company and the Purchasers acknowledge and agree that the extension of the Maturity Date pursuant to this Amendment shall be deemed an extension granted pursuant to Section 7(a)(i) of the Note and therefore the principal amount of each Note shall increase by 7.692%.
Increase in Principal. The stated principal amount of the Loan is hereby increased by deleting all references in the Loan Agreement to “Fifteen Million Five Hundred Forty Thousand and No/100 Dollars ($15,540,000.00)” or “$15,540,000.00”, and replacing said references with references to “Nineteen Million and No/100 Dollars ($19,000,000.00)” or “$19,000,000.00”, as appropriate. Lender agrees to disburse proceeds of the Loan in an amount necessary to increase the outstanding principal balance of the Loan to Nineteen Million and No/100 Dollars ($19,000,000.00) contemporaneously with the execution of this Amendment.
