Common use of Amendment of Section 1(a) Clause in Contracts

Amendment of Section 1(a). Section 1(a) of the Agreement is amended and restated in its entirety as follows: (a) From time to time, as may be requested by the Company, each of the Funding Parties agrees to advance to the Company from time to time up to the maximum amount allocated thereto on Schedule I hereto on a pro rata basis (collectively, the “Advances”), up to a maximum of $1,460,000 in the aggregate among all Funding Parties, in each instance pursuant to the terms of the form of promissory note attached as Exhibit A hereto (the “Note”), as may be necessary to fund the Company’s expenses relating to investigating and selecting a target business and other working capital requirements following the Offering and prior to completion of any potential Business Combination.”

Appears in 1 contract

Samples: Expense Advancement Agreement (Leisure Acquisition Corp.)

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Amendment of Section 1(a). Section 1(a) of the Agreement is amended and restated in its entirety as follows: (a) From time to time, as may be requested by the Company, each of the Funding Parties agrees to advance to the Company from time to time up to the maximum amount allocated thereto on Schedule I hereto on a pro rata basis (collectively, the “Advances”), up to a maximum of $1,460,000 1,300,000 in the aggregate among all Funding Parties, in each instance pursuant to the terms of the form of promissory note attached as Exhibit A hereto (the “Note”), as may be necessary to fund the Company’s expenses relating to investigating and selecting a target business and other working capital requirements following the Offering and prior to completion of any potential Business Combination.”

Appears in 1 contract

Samples: Expense Advancement Agreement (Leisure Acquisition Corp.)

Amendment of Section 1(a). Section 1(a) of the Agreement is amended and restated in its entirety as follows: (a) From time to time, as may be requested by the Company, each of the Funding Parties agrees to advance to the Company from time to time up to the maximum amount allocated thereto on Schedule I hereto on a pro rata basis (collectively, the “Advances”), up to a maximum of $1,460,000 1,200,000 in the aggregate among all Funding Parties, in each instance pursuant to the terms of the form of promissory note attached as Exhibit A hereto (the “Note”), as may be necessary to fund the Company’s expenses relating to investigating and selecting a target business and other working capital requirements following the Offering and prior to completion of any potential Business Combination.”

Appears in 1 contract

Samples: Expense Advancement Agreement (Leisure Acquisition Corp.)

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Amendment of Section 1(a). Section 1(a) of the Agreement is amended and restated in its entirety as follows: (a) From time to time, as may be requested by the Company, each of the Funding Parties agrees to advance to the Company from time to time up to the maximum amount allocated thereto on Schedule I hereto on a pro rata basis (collectively, the “Advances”), up to a maximum of $1,460,000 1,125,000 in the aggregate among all Funding Parties, in each instance pursuant to the terms of the form of promissory note attached as Exhibit A hereto (the “Note”), as may be necessary to fund the Company’s expenses relating to investigating and selecting a target business and other working capital requirements following the Offering and prior to completion of any potential Business Combination.”

Appears in 1 contract

Samples: Expense Advancement Agreement (Leisure Acquisition Corp.)

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