Common use of Amendment of Terms Clause in Contracts

Amendment of Terms. Borrower and Lender desire to modify, renew and/or extend the Note by amending The terms thereof as follows, to be effective from and after the date hereof: The Maturity Date of the Note, at which time all unpaid principal, accrued interest and other charges, fees and expenses shall be due and payable in full, shall be September 7. 2014. Interest shall accrue on the outstanding principal balance of the Note, based on the actual number of days elapsed over an assumed year of 365 days, at the rate per annum equal to the XX Xxxxxx Xxxxx Co. Prime, adjusted daily, with a floor rate of 4.50%. Interest due quarterly beginning December 7, 2013. Principal and all outstanding interest due and payable at maturity.

Amendment of Terms. Borrower and Lender desire to modify, renew and/or extend the Note by amending The the terms thereof as follows, to be effective from and after the date hereof: The Maturity Date of the Note, at which time all unpaid principal, accrued interest and other charges, fees and expenses shall be due and payable in full, shall be September 7. 2014, 2021. Interest shall accrue on the outstanding principal balance of the Note, based on the actual number of days elapsed over an assumed year of 365 days, at the rate per annum equal to the XX Xxxxxx Xxxxx Co. Prime, adjusted daily, with a floor rate of 4.504.00%. Borrower shall make payments on the Note as follows: Interest due quarterly beginning December 7, 20132020. Principal and all outstanding interest due and payable at maturity.

Amendment of Terms. Borrower and Lender desire to modify, renew and/or extend the Note by amending The the terms thereof as follows, to be effective from and after the date hereof: The Maturity Date of the Note, at which time all unpaid principal, accrued interest and other charges, fees and expenses shall be due and payable in full, shall be September 7. 2014, 2020. Interest shall accrue on the outstanding principal balance of the Note, based on the actual number of days elapsed over an assumed year of 365 days, at the rate per annum equal to the XX Xxxxxx Xxxxx Co. Prime, adjusted daily, with a floor rate of 4.50%. Borrower shall make payments on the Note as follows: Interest due quarterly beginning December 7, 20132019. Principal and all outstanding interest due and payable at maturity.

Amendment of Terms. Borrower and Lender desire to modify, renew and/or extend the Note by amending The the terms thereof as follows, to be effective from and after the date hereof: The Maturity Date of the Note, at which time all unpaid principal, accrued interest and other charges, fees and expenses shall be due and payable in full, shall be September 7. 2014, 2019. Interest shall accrue on the outstanding principal balance of the Note, based on the actual number of days elapsed over an assumed year of 365 days, at the rate per annum equal to the XX Xxxxxx Xxxxx Co. Prime, adjusted daily, with a floor rate of 4.50%. Interest due quarterly beginning December 7, 20132018. Principal and all outstanding interest due and payable at maturity.

Amendment of Terms. Borrower and Lender desire to modify, renew and/or extend the Note by amending The the terms thereof as follows, to be effective from and after the date hereof: The Maturity Date of the Note, at which time all unpaid principal, accrued interest and other charges, fees and expenses shall be due and payable in full, shall be September 7. 2014, 2016. Interest shall accrue on the outstanding principal balance of the Note, based on the actual number of days elapsed over an assumed year of 365 days, at the rate per annum equal to the XX Xxxxxx Xxxxx Co. Prime, adjusted daily, with a floor rate of 4.50%. Interest due quarterly beginning December 7, 20132015. Principal and all outstanding interest due and payable at maturity.

Amendment of Terms. Borrower and Lender desire to modify, renew and/or extend the Note by amending The the terms thereof as follows, to be effective from and after the date hereof: The Maturity Date of the Note, at which time all unpaid principal, accrued interest and other charges, fees and expenses shall be due and payable in full, shall be September 7. 2014, 2018. Interest shall accrue on the outstanding principal balance of the Note, based on the actual number of days elapsed over an assumed year of 365 days, at the rate per annum equal to the XX Xxxxxx Xxxxx Co. Prime, adjusted daily, with a floor rate of 4.50%. Interest due quarterly beginning December 7, 20132017. Principal and all outstanding interest due and payable at maturity.

Amendment of Terms. Borrower and Lender desire to modify, renew and/or extend the Note by amending The the terms thereof as follows, to be effective from and after the date hereof: The Maturity Date of the Note, at which time all unpaid principal, accrued interest and other charges, fees and expenses shall be due and payable in full, shall be September 7. 2014, 2017. Interest shall accrue on the outstanding principal balance of the Note, based on the actual number of days elapsed over an assumed year of 365 days, at the rate per annum equal to the XX Xxxxxx Xxxxx Co. Prime, adjusted daily, with a floor rate of 4.50%. Interest due quarterly beginning December 7, 20132016. Principal and all outstanding interest due and payable at maturity.

Amendment of Terms. Borrower and Lender desire to modify, renew and/or extend the Note by amending The the terms thereof as follows, to be effective from and after the date hereof: The Maturity Date of the Note, at which time all unpaid principal, accrued interest and other charges, fees and expenses shall be due and payable in full, shall be September 7. 2014, 2015. Interest shall accrue on the outstanding principal balance of the Note, based on the actual number of days elapsed over an assumed year of 365 days, at the rate per annum equal to the XX Xxxxxx Xxxxx Co. Prime, adjusted daily, with a floor rate of 4.50%. Interest due quarterly beginning December 7, 20132014. Principal and all outstanding interest due and payable at maturity.