Common use of Modification of Notes Clause in Contracts

Modification of Notes. Notwithstanding anything to the contrary in the Notes, the Company and the Holder hereby agree that (a) the maturity date of the Notes is extended to August 1, 2003, and (b) the interest on the Notes that is due and payable on May 1, 2003 (the "May 2003 Interest Payment"), will be deemed to be Defaulted Interest but will be payable on August 1, 2003.

Appears in 1 contract

Samples: Lexington Precision Corp

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Modification of Notes. Notwithstanding anything to the contrary in the Notes, the Company and the Holder hereby agree that (a) the maturity date of the Notes is extended to August 1, 20032001, and (b) the interest on the Notes that is due and payable on May 1, 2003 2001 (the "May 2003 2001 Interest Payment"), will be deemed to be Defaulted Interest but will be payable on August 1, 20032001.

Appears in 1 contract

Samples: Agreement (Lexington Precision Corp)

Modification of Notes. Notwithstanding anything to the contrary in the Notes, the Company and the Holder hereby agree that (a) the maturity date of the Notes is extended to August May 1, 2003, and (b) the interest on the Notes that is due and payable on May February 1, 2003 (the "May 2003 November 2002 Interest Payment"), will be deemed to be Defaulted Interest but will be payable on August May 1, 2003.

Appears in 1 contract

Samples: Agreement (Lexington Precision Corp)

Modification of Notes. Notwithstanding anything to the contrary in the Notes, the Company and the Holder hereby agree that (a) the maturity date of the Notes is extended to August November 1, 2003, and (b) the interest on the Notes that is due and payable on May August 1, 2003 (the "May August 2003 Interest Payment"), will be deemed to be Defaulted Interest but will be payable on August November 1, 2003.

Appears in 1 contract

Samples: Lexington Precision Corp

Modification of Notes. Notwithstanding anything to the contrary in the Notes, the Company and the Holder hereby agree that (a) the maturity date of the Notes is extended to August February 1, 20032002, and (b) the interest on the Notes that is due and payable on May November 1, 2003 2001 (the "May 2003 November 2001 Interest Payment"), will be deemed to be Defaulted Interest but will be payable on August February 1, 20032002.

Appears in 1 contract

Samples: Lexington Precision Corp

Modification of Notes. Notwithstanding anything to the contrary in the Notes, the Company and the Holder hereby agree that (a) the maturity date of the Notes is extended to August February 1, 2003, and (b) the interest on the Notes that is due and payable on May November 1, 2003 2002 (the "May 2003 November 2002 Interest Payment"), will be deemed to be Defaulted Interest but will be payable on August February 1, 2003.

Appears in 1 contract

Samples: Lexington Precision Corp

Modification of Notes. Notwithstanding anything to the contrary in the Notes, the Company and the Holder hereby agree that (a) the maturity date of the Notes is extended to August February 1, 20032004, and (b) the interest on the Notes that is due and payable on May November 1, 2003 (the "May November 2003 Interest Payment"), will be deemed to be Defaulted Interest but will be payable on August February 1, 20032004.

Appears in 1 contract

Samples: Lexington Precision Corp

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Modification of Notes. Notwithstanding anything to the contrary in the Notes, the Company and the Holder hereby agree that (a) the maturity date of the Notes is extended to August July 1, 20032002, and (b) the interest on the Notes that is due and payable on May 1, 2003 2002 (the "May 2003 2002 Interest Payment"), will be deemed to be Defaulted Interest but will be payable on August July 1, 20032002.

Appears in 1 contract

Samples: Agreement (Lexington Precision Corp)

Modification of Notes. Notwithstanding anything to the contrary in the Notes, the Company and the Holder hereby agree that (a) the maturity date of the Notes is extended to August April 1, 20032002, and (b) the interest on the Notes that is due and payable on May February 1, 2003 2002 (the "May 2003 February 2002 Interest Payment"), will be deemed to be Defaulted Interest but will be payable on August 1April 30, 20032002.

Appears in 1 contract

Samples: Agreement (Lexington Precision Corp)

Modification of Notes. Notwithstanding anything to the contrary in the Notes, the Company and the Holder hereby agree that (a) the maturity date of the Notes is extended to August November 1, 20032001, and (b) the interest on the Notes that is due and payable on May August 1, 2003 2001 (the "May 2003 August 2001 Interest Payment"), will be deemed to be Defaulted Interest but will be payable on August November 1, 2003.2001..

Appears in 1 contract

Samples: Lexington Precision Corp

Modification of Notes. Notwithstanding anything to the contrary in the Notes, the Company and the Holder hereby agree that (a) the maturity date of the Notes is extended to August November 1, 20032002, and (b) the interest on the Notes that is due and payable on May July 1, 2003 2002 (the "May 2003 July 2002 Interest Payment"), will be deemed to be Defaulted Interest but will be payable on August November 1, 20032002.

Appears in 1 contract

Samples: Lexington Precision Corp

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