Examples of Amended Promissory Note in a sentence
Andrews Alexander Wise & Co. (AAW) has been granted compensation in the form of the repricing of certain Warrants previously issued to AAW for its efforts in assisting BioVest in informing Noteholders of their rights to elect to restructure their investment to accept this form of Amended Promissory Note.
It is understood that the funds provided under this First Amended Promissory Note are intended to provide short-term bridge funding until September 15, 2023 (the “Due Date”).
This Amended Promissory Note supersedes the Amended Promissory Note between the Maker and the Payee dated May 31, 2013 in the amount of $200,000.00.
The obligations evidenced by this Amended Promissory Note are secured by certain collateral as set forth in the Bridge Loan and Security Agreement.
This Amended Promissory Note supersedes the Promissory Notes between the Maker and the Payee dated December 3, 2008 in the amount of $100,000.00, August 19, 2009 in the amount of $100,000.00 and April 19, 2010 in the amount of $200,000.00.
This Release, the Amended Promissory Note, the documents and instruments providing security for the Amended Promissory Note, and the related subordination agreements given by the Martells to Xxxxx Fargo and BDeWees, Inc.
It is further agreed that this Amended Promissory Note shall be null and void if the principal and interest payment contemplated herein is not received by Lender from Borrower in Bank of Eufaula by 5:00 p.m. central time on June 27, 2008.
In executing this Release, no party has relied on representations or promises of any other party other than the representations and promises contained in this Release, the Letter Agreement, the Amended Promissory Note, the Subordination Agreements, and the lease extensions.
The Maker shall pay to the Payee a late fee equal to five (5%) percent of the payment due for each payment that is paid more than five (5) days after it is due.This Amended Promissory Note supersedes the Promissory Notes between the Maker and the Payee dated November 24, 2009, April 19, 2010, January 26, 2011 and May 31, 2011 in the amount of $38,000.00.
The principal amount of the Amended Promissory Note shall be equal to the Existing Principal Amount.