Increase in Principal Amount Sample Clauses
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Increase in Principal Amount. The Company covenants and agrees that it will cause the principal of the Notes to be increased by any applicable Make-Whole Amount at the respective times and in the manner provided herein.
Increase in Principal Amount. Effective as of May 29, 2026, the outstanding principal amount of the Note is increased by $200,000. Accordingly, the total principal amount of the Note shall be $600,000, plus any accrued and unpaid interest. All interest shall continue to accrue in accordance with the terms of the Note.
Increase in Principal Amount. Effective as of April 30, 2026, the outstanding principal amount of the Note is increased by $110,000. Accordingly, the total principal amount of the Note shall be $510,000, plus any accrued and unpaid interest. All interest shall continue to accrue in accordance with the terms of the Note.
Increase in Principal Amount. The Principal Amount of the Note shall be increased from $855,000 to $905,000.
Increase in Principal Amount. The principal amount of the Note is hereby increased by Seventy-One Thousand, Five Hundred Dollars ($71,500), resulting in an increase in the principal amount of the Note to Six Hundred Twenty-One Thousand, Five Hundred Dollars ($621,500).
Increase in Principal Amount. Effective immediately upon the commencement of any and each Extension Period, the Principal Amount of the Note shall be increased by $55,555 per Extension Period and interest shall begin to accrue on such additional outstanding principal amount from and after the commencement of such Extension Period. If the Note does not automatically convert into Class B Common Stock within six (6) months of the Original Issue Date, then the then-outstanding Principal Amount shall be increased by an additional $55,555.