Amendment of LTP Debenture Sample Clauses

Amendment of LTP Debenture. The obligations of the parties hereunder are subject to the condition that the Company and LTP amend the terms of the LTP Debenture not later than September 15, 2021 to provide that (i) the maximum principal amount of loans required to be made by LTP to the Company under the LTP Debenture shall be reduced to $675,000 and that therefore, after giving credit for the Initial Draw (as defined in the LPT Debenture) already funded, the remaining principal balance of the required loans shall be $300,000; and, (ii) that the entire $300,000 balance of the required loans shall be funded by LTP not later than October 15, 2021. The Holder hereby consents to the amendment of the LTP Xxxxxxxxx as described in this paragraph and acknowledges and agrees that the funding of $300,000 remaining principal shall constitute a cure of the existing default of LTP under the LTP Debenture as set forth in Sec. 6(d), above.
Sample 1
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Related to Amendment of LTP Debenture

  • Amendment of Loan Agreement The Loan Agreement is hereby modified and amended as follows:

  • Amendment to Loan Agreement Subject to satisfaction of the conditions precedent set forth in Section 4 below, the Loan Agreement is hereby amended as follows:

  • Amendment to Note By executing this Agreement, the Borrower and the Lender hereby agree and acknowledge that Section 1 of the Note is hereby amended by deleting "September 30, 2002" and inserting in the place of such deletion "October 31, 2002."

  • AMENDMENT AGREEMENT The Global Custody Agreement of January 3, 1994, (the “Custody Agreement”), as amended from time to time, by and between each of the Entities listed in Schedule A, as amended thereto, severally and not jointly (each such entity referred to hereinafter as the “Customer”) and JPMorgan Chase Bank, whose contracts have been assumed by JPMORGAN CHASE BANK (the “Bank”) is hereby further amended, as of April 21, 2011 (the “Amendment Agreement”). Terms defined in the Custody Agreement are used herein as therein defined.

  • Amendment of Rights Agreement The Rights Agreement is hereby amended as follows: (a) Section 1 of the Rights Agreement is hereby amended by inserting the following subsections at the end of such Section 1:

  • Amendment to the Loan Agreement Section 3.1 of the Loan Agreement shall be amended and restated as follows:

  • Amendment, Modification and Waiver This Agreement may not be amended, modified or waived except by an instrument or instruments in writing signed and delivered on behalf of each of the parties hereto.

  • Amendment, Modification and Supplement Upon amendment, modification and supplement of this Contract shall be subject to the written agreement executed by each party.

  • Promissory Note The Promissory Note is enclosed. The Chief Financial Officer is required to sign it and return it to the OPWC Loan Officer, Xxxxx XxXxxx. It is preferable that you scan and email it to her at Xxxxx.XxXxxx@xxx.xxxxx.xx.xx but may also mail it to the address on our letterhead. Only use one method.

  • Amendment, Etc No amendment, modification or waiver of any provision of this Indenture relating to any Guarantor or consent to any departure by any Guarantor or any other Person from any such provision will in any event be effective unless it is signed by such Guarantor and the Trustee.

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