Amendment to Revolving Note. The Revolving Note is hereby amended as follows:
Amendment to Revolving Note. 3.1 Effective as of the date hereof, the Revolving Note is hereby amended as follows:
Amendment to Revolving Note. A promissory note dated February 12, 1997 in the principal amount of $11,000,000 the "Revolving Note" was executed by Borrower to evidence the Revolving Commitment as described in the Credit Agreement. The maturity of the Revolving Note is being extended hereby in accordance with the extension of the Credit Agreement.
Amendment to Revolving Note. The last sentence of subsection (a) under the heading “BORROWING AND REPAYMENT:” of the Revolving Note shall be amended by deleting the reference to “May 1, 2018” and replacing it with a reference to “Expiration Date”.
Amendment to Revolving Note. The Revolving Note is hereby amended and restated in its entirety in the form attached as Annex A hereto.
Amendment to Revolving Note. Clause (a) under the header “INTEREST” contained in the Revolving Note is hereby amended to replace the percentage “1.75%” contained therein with the percentage “1.50%”.
Amendment to Revolving Note. G. The Revolving Note is hereby amended (i) by deleting the figure "$14,000,000" in the upper left hand corner and substituting the figure "$24,000,000" therefor and (ii) by deleting the first paragraph and substituting the following therefor: For value received the undersigned, jointly and severally, hereby promise to pay to the order of BAYBANK (the "Bank"), ON DEMAND, the principal sum of $24,000,000 or, if less, the aggregate unpaid principal amount of all advances made by the Bank under the "Revolving Credit" as defined in the Amended and Restated Credit Agreement referred to below and outstanding at the time of such demand, together with interest thereon or on such portion thereof as may be from time to time outstanding at such rate and payable at such times and in such manner as are provided in the said Amended and Restated Credit Agreement. As provided in the said Amended and Restated Credit Agreement, the aggregate amount borrowed under the "Revolving Credit" shall not exceed $24,000,000.
Amendment to Revolving Note. The Revolving Note shall be amended and restated in its entirety to amend the Maximum Amount of Available Credit, as defined therein, to extend the maturity date to December 31, 2007 and to permit repayment of the existing debt on the Lake Forest Golf and Country Club, pursuant to a Second Amended and Restated Revolving Promissory Note dated of even date herewith (“Restated Revolving Note”). The Restated Revolving Note shall not constitute a repayment or satisfaction of the Indebtedness evidenced by the Revolving Note, which for all purposes hereunder shall remain outstanding from December 30, 1997 and January 6, 1998, the original dates of issuance of the Indebtedness now evidenced by the Restated Revolving Note.
Amendment to Revolving Note. The dated “November 1, 2014” contained in the first paragraph of the Revolving Note is hereby replaced in its entirety to read “November 1, 2016”.
Amendment to Revolving Note. The Maturity Date set forth in the first paragraph on page 1 of the Revolving Note is hereby amended from October 1, 2010 to October 1, 2012.
