Common use of Adjustment of Principal Balance Clause in Contracts

Adjustment of Principal Balance. Section 2.2 is hereby replaced in its entirety with the following: As of the Issuance Date, the principal balance of the Note is $425,365.48 and notwithstanding any provision to the contrary in the Note or the Stock Purchase Agreement, such principal balance shall not decrease, except in the event of payment or pursuant to Section 10.8 of the Stock Purchase Agreement.

Adjustment of Principal Balance. Section 2.2 is hereby replaced in its entirety with the following: As of the Issuance Date, the principal balance of the Note is $425,365.48 42,966.21 and notwithstanding any provision to the contrary in the Note or the Stock Purchase Agreement, such principal balance shall not decrease, except in the event of payment or pursuant to Section 10.8 of the Stock Purchase Agreement.

Adjustment of Principal Balance. Section 2.2 is hereby replaced in its entirety with the following: As of the Issuance Date, the principal balance of the Note is $425,365.48 3,402,923.80 and notwithstanding any provision to the contrary in the Note or the Stock Purchase Agreement, such principal balance shall not decrease, except in the event of payment or pursuant to Section 10.8 of the Stock Purchase Agreement.