Note Extension. Parent hereby agrees that (a) in the event it becomes obligated to pay the Company pursuant to Section 9.05(f), then the Maturity Date (as defined in the Company Note) shall be extended by the period of time from the date hereof to the date of such termination of this Agreement and (b) in the event that this Agreement is terminated under circumstances other than (i) those set forth in Section 7.12(a), (ii) pursuant to Section 9.01(d), 9.01(f)(i), 9.01(g) or 9.01(i), then the Maturity Date shall be extended until the later of 30 days after such termination or August 9, 1997.
Note Extension. The maturity date of the Note and the indebtedness evidenced thereby is hereby extended from October 15, 2005 to January 15, 2006.
Note Extension. The date "January 31, 2001" in the first paragraph of the Note is amended to read "April 30, 2001".
Note Extension. The maturity date of this Note can be extended for a period of twelve (12) months at the sole option of the Holder of this Note.
Note Extension. Notwithstanding any term or provision contained in this Agreement, the Guaranty, or the CA Note, the parties hereto further agree that the CA Note shall be amended so that the Maturity Date, as defined therein, shall be February 15, 2000.
Note Extension. On the Effective Date (as defined below), and subject to the prior satisfaction of all of the conditions set forth in Section 2 below, the first three paragraphs of the Note shall be superseded and replaced in their entirety with the following: FOR VALUE RECEIVED, the undersigned, Verity Farms, L.L.C., a South Dakota limited liability company (“Maker”) hereby promises to pay to the order of Dxxxx Xxxxxx, (“Payee”), at 1000 X. 00xx Xx. Xxxxx, Xxxxx Xxxxx, XX 00000, or at such other place as the holder hereof may from time to time direct, in lawful money of the United States of America, the principal sum of Three Million Two Hundred Twenty Thousand Dollars ($3,220,000.00), plus interest at a rate per annum, equal to the Base Rate (hereinafter defined) and accruing from and after from and after December 31, 2012, payable in installments as follows:
(a) On or before September 30, 2015, a payment of all interest accrued from and after December 31, 2012;
(b) On September 30, 2016, a payment of all accrued interest not previously paid;
(c) On September 30, 2017, a payment of principal in the amount of One Million Seventy-Three Thousand Three Hundred Thirty-Three Dollars and Thirty-Four Cents ($1,073,333.34), plus all accrued interest not previously paid;
(d) On September 30, 2018, a payment of principal in the amount of One Million Seventy-Three Thousand Three Hundred Thirty-Three Dollars and Thirty-Three Cents ($1,073,333.33), plus all accrued interest not previously paid; and
(e) On September 30, 2019, a payment of principal in the amount of One Million Seventy-Three Thousand Three Hundred Thirty-Three Dollars and Thirty-Three Cents ($1,073,333.33), plus all accrued interest not previously paid. Any amounts not previously paid shall be due and payable on September 30, 2019. Payments shall first be credited to interest and then to principal. As used in this Note, the following terms shall have the respective meanings indicated below. Other capitalized terms used hereunder shall have the meanings described in the Credit Agreement.
Note Extension. On December 27, 2018 the Company issued a promissory note, due January 22, 2019, to Investor. The due date was extended to February 22, 2019. Investor and the Company hereby agree to further extend the due date for the promissory note to June 22, 2019.
Note Extension. Parties agree that the Note may be extended as the parties may, from time to time, agree.
Note Extension. The maturity date for the Note shall be amended to be June 7, 2024 (the “Amended Maturity Date”).
Note Extension. The Extensions at Option of Issuer section of the note is no longer valid and Issuer shall have no option to extend the note other than agreed to herein or amended in writing between the parties.
