Amendment of the Note. Pursuant to Section 11 of the Note:
Amendment of the Note. The Note shall be amended such that the Maturity Date shall be extended to the first anniversary of the Amendment Date.
Amendment of the Note. Effective as of the date hereof, the Note shall be hereby amended as follows:
Amendment of the Note. The Note shall be amended such that the Maturity Date shall be changed to April 30, 2013.
Amendment of the Note. The parties hereto hereby amend the Note so that from and after the date of this Second Amendment and until Maturity, (i) the Exercise Date shall become April 1, 2005 and (ii) the dollar amount in the first paragraph under the heading "Limitation on Funded Indebtedness" in the Note shall be increased from "$200,000,000" to "$300,000,000" (collectively, the "Note Amendments"). Concurrently with the execution and delivery of this First Amendment, the Seller is delivering to Buyer, in exchange for the duly executed outstanding Note, a duly executed amended Note in the form of Exhibit A here, which is identical to the outstanding Note in all respects except that it gives effect to the Note Amendments. The parties agree that the amended Note is a replacement of the outstanding Note and evidences the same debt, and is entitled to the same benefits as, the outstanding Note except to the extent otherwise provided by the Note Amendments. The parties also agree that neither this Second Amendment nor the amended Note shall affect any rights or obligations under the Note Purchase Agreement or Note with respect to any periods, acts, omissions or circumstances which occurred prior to the date of this Second Amendment. From and after the execution and delivery of this Second Amendment, all references in the Transaction Documents to the Note shall be deemed to be references to the Note as amended by the Note Amendments.
Amendment of the Note. Lender agrees to the following amendments to the Note.
Amendment of the Note. As a material inducement to Aether to enter into this letter agreement, the parties have agreed to amend the Note as follows:
Amendment of the Note. The Note shall be amended and restated as follows: (a) the Note shall be amended such that the Maturity Date shall be changed to November 1, 2007; (b) the conversion price of the common stock of Rapid shall not be lower than $0.10 and not to exceed $0.25; and (c) Rapid shall have the option to repay in full the principal and accrued interest on the Note at a discount of 20% up to December 1, 2006; thereafter the discount shall decrease to 15% up to March 1, 2007; thereafter the discount shall decrease to 10% up to June 1, 2007; thereafter the discount shall decrease to 0% and be of no further effect.
Amendment of the Note. The maximum amount of the Loan referenced in the Note shall be $150,000,000.
