Note Amendment. Effective upon the date hereof, the following provision is hereby added to each Note: “Conversion into Common Shares. The Holder shall have the option to convert, as a whole or in part, up to the entire amount outstanding (including all principal and any accrued and unpaid interest, if applicable) under this Note into shares of common stock, par value $0.001 per share of Vertical Health Solutions, Inc. (the “Common Shares”) at any time or from time to time at a conversion price equal to $0.001124253 per share (the “Conversion Price”).”
Note Amendment. Effective upon the Effective Date (as defined below) and immediately prior to the conversion of the Notes contemplated hereby, Section 8(a) of each Note is hereby amended and restated in its entirety to read as follows:
Note Amendment. The holders of at least 50% of the principal amount of the Senior Convertible Notes and the holders of at least 50% of the principal amount of the 2000 Senior Notes shall have executed and delivered to the Company the Note Amendment and their respective Amended Notes; and
Note Amendment. From and after the date on which the Registration Statement is declared effective by the SEC until the Effective Time, the Company and Parent will exercise their respective reasonable best efforts to ensure that all of the holders of 74 outstanding Notes have executed and delivered to the Company the Note Amendment Agreement, the Amended Notes and the Note Conversion Agreement.
Note Amendment. The Original Note shall be amended to read as set forth in the form of Amended and Restated Note (the Original Note, as so amended and restated, the “Tradeport Note”) by Borrower’s execution of a note in such form.
Note Amendment. Effective at the Closing, the Secured Notes shall be amended and restated as provided in Exhibit A attached hereto (the “Amended and Restated Notes”) (the “Note Amendment”). The Investors hereby irrevocably consent to the Note Amendment. No later than the date of the Closing (the “Closing Date”), the Visium Entities and Atlas shall surrender their Secured Notes to the Company for cancellation. In exchange therefor, on the Closing Date the Company shall issue the Amended and Restated Notes to the Visium Entities and Atlas in the respective principal amounts specified in the Secured Notes being surrendered. The Amended and Restated Notes shall be secured by all of the assets of the Company as specified in the existing Pledge and Security Agreement, dated as of November 28, 2006, among the Company, certain subsidiaries of the Company and BAM, as collateral agent.
Note Amendment. Effective upon the execution and delivery of this Agreement, the Secured Notes shall be amended and restated as provided in Exhibit A attached hereto (the “Amended and Restated Notes”) (the “Note Amendment”). The Investors hereby irrevocably consent to the Note Amendment. Promptly following the date hereof, the Investors Visium Entities and Atlas shall surrender their Secured Notes to the Company for cancellation and, upon receipt of such Secured Notes, the Company shall issue the Amended and Restated Notes to the Visium Entities and Atlas in the respective principal amounts specified in the Secured Notes being surrendered.
Note Amendment. Immediately following the Closing, the Buyer shall cause the Company to, and the Seller shall, execute the Note Amendment and the Buyer shall deliver the same to the Seller.
Note Amendment. Borrower shall execute the Amended and Restated Note in the form attached as Exhibit D to reflect revised repayment terms.
Note Amendment. The Company is currently obligated to Goldxx Xxxxxxxxx ("Xheixxxxx") xn the principal amount of $250,000.00, as evidenced by the Company's Promissory Note dated June 11, 1990 and is indebted to The Estate of Melvxx Xxxx xx the amount of $67,365.95 (representing principal and accrued interest through September 15, 1995), as evidenced by the Company's Promissory Note dated July 1, 1984, (the "Notes"). The Company shall have amended the Notes to provide that (i) they shall bear interest at the "prime rate" as stated in the Wall Street Journal on the 15th day of each month (or the first business day thereafter) and (ii) they shall be repaid in full by January 15, 1996.
