Description of Change in Terms. A. Modification(s)
Description of Change in Terms. Modifications to Loan Agreement
1. The Loan Agreement shall be amended by deleting the following definitions appearing in Section 13.1 thereof:
Description of Change in Terms. A. Modification(s) to Loan Agreement.
Description of Change in Terms. A. Modification(s) to Loan Agreement
1. The following term defined in Section 1.1 of the Loan Agreement entitled "Definitions" is hereby amended to read:
Description of Change in Terms. A. Modification(s) to Loan Agreement.
1. Letter (b) under Section 8.7 entitled “Financial Covenants” is hereby amended to read as follows:
Description of Change in Terms. A. Modification(s) to Loan Agreement.
1. The following defined term under Section 13.1 entitled “Definitions” is hereby amended to read as follows: “Revolving Maturity Date” is November 30, 2002.
Description of Change in Terms. CHANGE OF MATURITY DATE. Extend the maturity date of the above listed Promissory Note from March 1, 2024 to September 1, 2024 at which time all outstanding principal plus all accrued unpaid interest will be due.
Description of Change in Terms. As of the Effective Date, the Loan Agreement is modified in the following respects:
Section 1.1 of the Loan Agreement is hereby amended by restating the definition of "Revolving Maturity Date" in its entirety as follows:
Description of Change in Terms. 1. The Loan Agreement shall be amended by adding the following new Section appearing after Section 2.1.4 thereof:
Description of Change in Terms. This Change In Terms Agreement ("Agreement") is entered into by Borrower and is effective on the latter of (i) its acceptance by Lender, (ii) the satisfaction of all conditions precedent to effectiveness (if any), or (iii) as of the Date of the Agreement set forth above. Borrower agrees that the terms of the Note, the Business Loan Agreement dated April 10, 2019 (the "Business Loan Agreement"), and any other Related Documents described herein, are hereby modified by the terms of this Agreement. To the extent any provision of this Agreement conflicts with the provisions of the Note, or any other Related Documents described herein, then the provisions of this Agreement shall control. Capitalized terms used but not defined herein shall have the meanings ascribed to them in the Business Loan Agreement.
