New Definition in Loan Agreement Sample Clauses

New Definition in Loan Agreement. Section 1.1. A new definition of "Promissory Notes." shall be inserted into Section 1.1 the Credit Agreement, as a replacement to the original language, as follows: "The Borrower's Promissory Note of June 21, 2013, in the amount of $1,000,000.00, and the Borrower's Promissory Note of October 9, 2013, in the amount of $500,000.00, both payable to the Lender shall be replaced by the Borrower's Promissory Note of even date herewith in the amount of One Million Five Hundred Thousand and no/100 Dollars ($1,500,000.00). Furthermore, Borrower is making a new Deferred Interest Promissory Note of September 30, 2014, in the amount of Sixty-Three Thousand Six Hundred Eighteen and 51/100 Dollars ($63,618.51) due on December 19, 2014. Accordingly, all references in the Loan Agreement to the "Promissory Note" or "Promissory Notes" shall be modified to reference the "Promissory Notes" having a total principal value of One Million Five Hundred Sixty-Three Thousand Six Hundred Eighteen and 51/100 Dollars ($1,563,618.51).
Sample 1
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Related to New Definition in Loan Agreement

  • Term Loan Agreement An Event of Default (as defined in the Term Loan Agreement) shall occur.

  • Credit Agreement Definitions Unless otherwise defined herein or the context otherwise requires, terms used in this Pledge Agreement, including its preamble and recitals, have the meanings provided in the Credit Agreement.

  • Loan Agreement This Agreement duly executed by Borrower and Lender.

  • Amendment to Loan Agreement Subject to satisfaction of the conditions precedent set forth in Section 3 below, the Loan Agreement is hereby amended as follows:

  • Terms Defined in Loan Agreement All capitalized terms used in this Amendment (including in the recitals hereof) and not otherwise defined herein shall have the meanings assigned to them in the Loan Agreement.

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

  • THIRD AMENDED AND RESTATED CREDIT AGREEMENT This Agreement duly executed and delivered by the Borrower, the Administrative Agent, the Co-Syndication Agents, the L/C Issuer, each of the other Lenders and by each of the other parties listed on the signature pages hereof (or, in the case of any party as to which an executed counterpart shall not have been received, receipt by the Administrative Agent in form satisfactory to it of a facsimile or other written confirmation from such party of execution of a counterpart of this Agreement by such party).

  • New Definition The following definition is hereby added to Section 1.1 of the Credit Agreement in the appropriate alphabetical order:

  • of the Loan Agreement Section 1.1 of the Loan Agreement is hereby amended as follows:

  • Amended Definition The following definition in Section 1.1 of the Credit Agreement shall be and it hereby is amended and restated in its entirety to read as follows:

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