Common use of Increase or Decrease in Limitation Clause in Contracts

Increase or Decrease in Limitation. By written notice to the Company, the Holder may increase or decrease the Maximum Percentage to any other percentage not in excess of 9.99% specified in such notice; provided that any such increase will not be effective until the 61st day after such notice is delivered to the Company.

Appears in 3 contracts

Sources: Loan Agreement (Slinger Bag Inc.), Loan Agreement (Slinger Bag Inc.), Loan Agreement (Slinger Bag Inc.)