OMNIBUS AMENDMENT NO.1 TO NOTES
Exhibit 10.1
OMNIBUS AMENDMENT NO.1 TO NOTES
This Omnibus Amendment No. 1, dated as of May 31, 2016 (this “Amendment”), is made by and among Ivy Science & Technology Fund, Xxxxxxx & Xxxx Advisors Science & Technology Fund and Ivy Funds VIP Science & Technology (each, a “Lender” and together, the “Lenders”), and Xxxxxxx Bio Innovations, Inc. (the “Borrower”), with respect to those certain senior secured promissory notes, dated August 20, 2015 (each a “Note”, collectively, the “Notes”) which Borrower has issued to the Lenders.
Each of the parties hereto do hereby agree that Section 5(ix) of the Notes (Minimum Cash Balance) is hereby deleted in its entirety.
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IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed as of the date first above written.
LENDER: | ||
IVY SCIENCE & TECHNOLOGY FUND | ||
By: Ivy Investment Management Company, its Manager | ||
By: | /s/ Xxxxxxx X. Xxxxxxx | |
Name: | Xxxxxxx X. Xxxxxxx | |
Title: | SVP | |
XXXXXXX & XXXX ADVISORS SCIENCE & TECHNOLOGY FUND | ||
By: Xxxxxxx & Xxxx Investment Management Company, its Manager | ||
By: | /s/ Xxxxxxx X. Xxxxxxx | |
Name: | Xxxxxxx X. Xxxxxxx | |
Title: | SVP | |
IVY FUNDS VIP SCIENCE & TECHNOLOGY | ||
By: Xxxxxxx & Xxxx Investment Management Company, its Manager | ||
By: | /s/ Xxxxxxx X. Xxxxxxx | |
Name: | Xxxxxxx X. Xxxxxxx | |
Title: | SVP | |
BORROWER: | ||
XXXXXXX BIO INNOVATIONS, INC. | ||
By: | /s/ Xxxxx X. Xxxx | |
Name: | Xxxxx X. Xxxx | |
Title: | Chief Financial Officer |
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