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. ********************* (Signature Page Follows)
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Related to Amendment of LTP Debenture

  • Amendment of Notes Subject to Section 3 hereof, any of the terms or provisions present in the Notes that relate to any of the provisions of the Indenture as amended by this Supplemental Indenture shall also be amended, mutatis mutandis, so as to be consistent with the amendments made by this Supplemental Indenture.

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

  • Amendment of Note The Note is amended as follows: The “Maturity Date” of the Note is hereby extended from September 30, 2010 until December 31, 2010, which date shall hereafter be the new “Maturity Date.”

  • Amendment to Loan Agreement Subject to satisfaction of the conditions precedent set forth in Section 3 below, the Loan Agreement is hereby amended as follows:

  • Amendment of Loan Documents Grantor authorizes Bank, without notice or demand and without affecting its liability hereunder, from time to time to (a) renew, extend, or (with the approval of Borrower) otherwise change the terms of any Loan Document, or any part thereof; (b) take and hold security for the payment of any Loan Document, and exchange, enforce, waive and release any such security; and (c) apply such security and direct the order or manner of sale thereof as Bank in its sole discretion may determine.

  • Amendment to Loan Documents The Borrower shall not amend any of the Loan Documents except pursuant to the applicable terms thereof and Section 12.5 of this Agreement.

  • Amendment to Note The Note is hereby amended as follows:

  • 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 29, 2010 (the “Amendment Agreement”). Terms defined in the Custody Agreement are used herein as therein defined.

  • Amendment to Forbearance Agreement As of the date hereof, Section 2(b) of the Forbearance Agreement shall be amended and restated in its entirety to read as follows:

  • Amendment of Rights Agreement The Rights Agreement is hereby amended as follows:

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