Amendment of Original Note Sample Clauses

Amendment of Original Note. (a) The first paragraph on page 1 of the Original Note is hereby amended to extend the maturity date of the Original Note from February 1, 2000, to May 1, 2000, by replacing the reference to "February 1, 2000," with May 1, 2000. (b) The second sentence of Paragraph 1 of the Original Note is hereby amended to read in its entirety as follows: The Company will pay interest (a) quarterly on February 1, May 1, August 1, and November 1 of each year (each, a "Quarterly Interest Payment Date"), commencing on November 1, 1997, and continuing until February 1, 2000, and (b) monthly, on the first day of each month, commencing March 1, 2000 (each, a "Monthly Interest Payment Date"; and each Monthly Interest Payment Date and Quarterly Interest Payment Date being sometimes referred to as an "Interest Payment Date"). (c) The first sentence of Section 2.1 of the Original Note is hereby amended to read in its entirety as follows: 2.1 The Company shall pay interest on each Note (except Defaulted Interest, as hereinafter defined) to the person who is the registered holder of a Note ("Noteholder" or "Holder") at the close of business on (a) January 15, April 15, July 15, or October 15 preceding each Quarterly Interest Payment Date and (b) on the fifteenth day of the month immediately preceding each Monthly Interest Payment Date.
Sample 1Sample 2
AutoNDA by SimpleDocs
Amendment of Original Note. The provisions of the Original Note are hereby amended in the following manner:
Sample 1
Amendment of Original Note. Concurrently upon the execution of this Agreement, the first sentence of Section 1 of the Original Note will be amended and restated to provide that, subject to the extension provisions set forth in the second sentence of Section 1 of the Original Note, the principal balance and all accrued but unpaid interest thereunder shall be due and payable on January 5, 2004, unless earlier converted or paid in accordance with the terms thereof. Section 3 of the Original Note is shall be deleted.
Sample 1

Related to Amendment of Original Note

  • 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:

  • Amendments to Note Purchase Agreement Subject to the satisfaction of the conditions precedent set forth herein and in reliance on the representations, warranties and covenants of the Companies set forth herein and in the Note Purchase Agreement, each party hereto hereby agrees that the Note Purchase Agreement be and hereby is, amended as follows:

  • Amendment to Purchase Agreement Section 1.3 of the Purchase Agreement is hereby amended and restated in its entirety to read as follows:

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

  • Amendment and Supplement Any amendment and supplement of this Agreement shall come into force only after a written agreement is signed by both parties. The amendment and supplement duly executed by both parties shall be part of this Agreement and shall have the same legal effect as this Agreement.

  • 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."

  • Amendments to Original Credit Agreement On the Effective Date, the Original Credit Agreement shall be amended as follows: (a) Section 1.02 of the Original Credit Agreement shall be amended by adding the following definitions in appropriate alphabetical order:

  • Amendments to the Purchase Agreement (a) Section 1.6 of the Purchase Agreement is hereby amended and restated in its entirety as follows:

  • Amendments to Loan Agreement The Loan Agreement is hereby amended as follows:

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!