Amendment to Promissory Notes Sample Clauses

Amendment to Promissory Notes. In consideration for $10 and other good and valuable consideration, which consideration the Note Holder acknowledges the receipt and sufficiency of, the Note Holder agrees that each of the Promissory Notes shall be amended to add a new Section 4(j) to such Promissory Notes as follows:
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Amendment to Promissory Notes. In conjunction with the Initial Vesting ----------------------------- Waiver, the Company also agrees to amend the due date and default provisions of all promissory notes between you and the Company used to purchase the Shares as follows: (a) the "Maturity Date" of your Full-Recourse Promissory Note for $40,000.00 in favor of the Company, dated February 25, 1998, is hereby modified from "the earlier of February 25, 2008 or one-hundred-eighty (180) days following your termination of employment with the Company" to the date that is the later of (i) October 28, 2000 (or six (6) months after the Resignation Date) or (ii) thirty (30) days after the expiration of the Lock-Up Agreement between you and the representatives of the underwriters related to the Company's initial public offering (the "30-Day Post-Lockup Date"); (b) your Secured Full Recourse Promissory Note for $10,800.00 in favor of the Company, dated November 30, 1999, is hereby modified to provide that (i) such note shall become due and payable upon the date that is the later of (A) October 28, 2000 (or six (6) months after the Resignation Date) or (B) the 30-Day Post-Lockup Date, rather than November 30, 2004 (as such note now provides), and (ii) termination of employment (as defined in the Plan) shall not be deemed an Event of Default under section 3 of such note; (c) your Secured Full Recourse Promissory Note for $250,000.00 in favor of the Company, dated December 21, 1999, is hereby modified to provide that (i) such note shall become due and payable upon the date that is the later of (A) October 28, 2000 (or six (6) months after the Resignation Date) or (B) the 30-Day Post-Lockup Date, rather than December 21, 2004 (as such note now provides), and (ii) termination of employment (as defined in the Plan) shall not be deemed an Event of Default under section 3 of such note; and (d) the amounts due under the notes described in paragraphs (a), (b) and (c) above shall be proportionally adjusted to reflect the exercise by the Company of its lapsing repurchase right as provided in paragraph 5, and the Company hereby waives any amounts due under such notes with respect to the shares repurchased thereunder. All other terms and conditions in the above described promissory notes shall remain effective and enforceable.
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Amendment to Promissory Notes. A. Section 3(a) of the Promissory Note evidencing the Line of Credit shall be deleted in its entirety and replaced with the following:
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Amendment to Promissory Notes. Luxembourg 1) Fifth Security Confirmation Agreement in respect of Luxembourg Share Pledge Agreements
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Amendment to Promissory Notes. Each of the Promissory Notes issued by to Lenders are amended to reflect that the principal face of such notes are reduced to be consistent with the applicable Lender’s commitment as set forth in Schedule 2.1, as amended.
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Amendment to Promissory Notes. The interest rate as set forth in the introductory paragraph of each of the Promissory Notes is hereby amended and restated to provide that, effective as of the Effective Date above, interest on such Promissory Notes will accrue at the “rate of twelve percent (12%) per annum.”
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Related to Amendment to Promissory Notes

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

  • Amendment to the Loan Agreement Section 3.1 of the Loan Agreement shall be amended and restated 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 to Security Agreement 2.1 Section 2.1(xviii) of the Security Agreement is hereby amended in its entirety as follows:

  • Amendment to Credit Agreement (a) As of the Effective Date (as defined herein), Section 1.1 of the Credit Agreement is hereby amended by adding the following definitions in their appropriate alphabetical order:

  • Amendment to the Credit Agreement Effective as of the date of satisfaction of the conditions precedent set forth in Section 2 below (the “Amendment No. 1 Effective Date”), the parties hereto agree that the Credit Agreement is hereby amended as follows:

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

  • Amendment to Agreement Effective as of the Amendment No. 2 Effective Date, the Agreement shall be amended as follows: The parties hereby agree to amend Exhibit A by adding the following new text as a new section 5: [START NEW TEXT]

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