Amendments to the Promissory Note Sample Clauses

Amendments to the Promissory Note. Effective immediately, the last sentence of the second paragraph of the Promissory Note shall be amended and restated to read in its entirety as follows: "The outstanding principal balance of this Note shall be due and payable on the earlier of (i) thirty (30) days after the termination of the Merger Agreement, if the Merger Agreement is terminated before June 1, 2012, (ii) August 1, 2012, or (iii) the date all obligations and indebtedness hereunder are accelerated in accordance with Section 2.2 hereof (the "Maturity Date").”
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Amendments to the Promissory Note. The following amendments shall take effect upon the “Effective Merger Date,” as defined in the Merger Agreement.
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Amendments to the Promissory Note. Subject to the satisfaction of the conditions precedent set forth in Article III hereof and effective as of the date thereof, the Lender and the Borrower agree that the Promissory Note dated June 1, 1995 from the Borrower to the Lender executed in connection with the Loan Agreement shall be amended as provided in this Article II so that such Promissory Note remains consistent with the Loan Agreement, as amended by this Amendment.
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Amendments to the Promissory Note. The provision under Section 2 of the Promissory Note titled “Upon Due Date” is hereby amended and restated in its entirety to read: “Conversion. Payees may elect to convert all of the then outstanding Principal and accrued interest due under this Promissory Note into shares of Common Stock of the Company, $0.01 par value per share (the “Common Stock”), by giving written notice of such election to the Company at any time. For purposes of conversion under this provision, the conversion price per share for the shares of Common Stock purchased by Payees pursuant to conversion of this Promissory Note shall be a twenty-five percent (25%) discount of the current stock price as determined by the Company’s Board of Directors. In lieu of issuing fractional shares, the Company shall pay all of the cash value of any fractional interest to Payees.”
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Related to Amendments to the Promissory Note

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

  • 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:

  • Amendments to Loan Documents Upon any such assignment, the Borrower and the Guarantors shall, upon the request of the Agent, enter into such documents as may be reasonably required by the Agent to modify the Loan Documents to reflect such assignment.

  • Amendments to Financing Agreement Subject to the satisfaction of the conditions precedent set forth in Section 4 hereof, the Financing Agreement shall be amended as follows: (a) Section 1.01 of the Financing Agreement is hereby amended by adding the following defined terms in appropriate alphabetical order:

  • Amendments to the Original Agreement (a) of the Original Agreement is hereby deleted and replaced in its entirety to read as follows:

  • Amendments to the Credit Agreement (a) Section 1.01 of the Credit Agreement, Definitions, is hereby amended by adding the following definitions in the appropriate alphabetical order:

  • 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 Original Agreement The Original Agreement is hereby amended as follows: (a) Article 1 is hereby amended to add the following definitions are added in the correct alphabetical location:

  • Amendments to Credit Agreement (a) Section 1.01 of the Credit Agreement is hereby amended by adding the following definitions in the appropriate alphabetical order:

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