MODIFICATION OF PROMISSORY NOTE. The maturity date of the Promissory Note is changed from December 31, 2014 to March 15, 2015. On the revised maturity date, Borrower shall pay to Lender the unpaid principal, accrued and unpaid interest, and all other amounts payable by Borrower under the Promissory Note and Loan Documents.
MODIFICATION OF PROMISSORY NOTE. 2.1 The Promissory Note is hereby amended and restated to read as follows:
MODIFICATION OF PROMISSORY NOTE. The following provisions are deemed to be part of the Note, and any contrary provisions in the Note are deemed to be modified hereby:
MODIFICATION OF PROMISSORY NOTE. The Promissory Note shall be modified as follows:
MODIFICATION OF PROMISSORY NOTE. The management stock loan due date was changed to be the earlier of (a) March 30, 2013, or (b) the Breakeven Date as defined by the May 2004 modifications. The interest rate on the loans will increase from 3.16 percent compounded annually to 4.72 percent compounded annually.
MODIFICATION OF PROMISSORY NOTE. 2.1. The principal amount of the Promissory Note shall be increased by THREE MILLION AND NO/DOLLARS ($3,000,000), thereby affording Maker with a credit availability of TWENTY-THREE MILLION AND NO/DOLLARS ($23,000,000.00) until February 27, 2000, at which time the principal amount of the Promissory Note shall be reduced by THREE MILLION AND NO/DOLLARS ($3,000,000), thereby affording Maker with credit availability of TWENTY MILLION AND NO/DOLLARS ($20,000,000.00) until December 31, 2000.
MODIFICATION OF PROMISSORY NOTE. On and from the Supplement No. 2 ------------------------------- Effective Date (as defined in Section 3 hereof), the Promissory Note shall be amended as follows:
MODIFICATION OF PROMISSORY NOTE. (a) For the purposes of this Letter Agreement, reference is made to Section 1.02(d) of the Stock Purchase Agreement and section 1 of the First Supplement, which collectively describe the terms of a promissory note that was intended to be delivered to the Sellers to evidence the Buyer’s agreement to pay the Sellers the aggregate sum of $2,500,000.
MODIFICATION OF PROMISSORY NOTE. This Modification of Promissory Note ("Modification") is made this 21st day of August 2000 by and between Xxxxxxx X. Xxxxxxxxxx ("Maker") and STAAR Surgical Company ("Holder") in reference to the following facts: RECITALS
MODIFICATION OF PROMISSORY NOTE. 2.1 Effective as of the date hereof, the principal sum of the Promissory Note shall be reduced to One Million and No/100 Dollars ($1,000,000.00) or so much of the principal amount of the Revolving Loan represented by the Promissory Note as may be disbursed by the Lender under the terms of the Credit Agreement, as amended.
