Promissory Note Modification Agreement Sample Contracts

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PROMISSORY NOTE MODIFICATION AGREEMENT
Promissory Note Modification Agreement • July 6th, 2005 • Villageedocs Inc • Services-business services, nec

WHEREAS, the Lender is the holder of a ______ percentage undivided interest in $1,000,000 of the unpaid principal amount of the secured convertible promissory note originally made by the Borrower to C. Alan and Joan P. Williams on February 16, 2004 (the "Note"); and

PROMISSORY NOTE MODIFICATION AGREEMENT
Promissory Note Modification Agreement • May 15th, 2009 • NTS Mortgage Income Fund • Real estate investment trusts • Ohio

This Promissory Note Modification Agreement (“Agreement”) is entered into this 15th day of May, 2009 (“Effective Date”) by and between NATIONAL CITY BANK, a national banking association (successor by merger with The Provident Bank) (the “Lender”), having an office at One East Fourth Street, Cincinnati, Ohio 45202, NTS/VIRGINIA DEVELOPMENT COMPANY (“NTS/Virginia”), a Virginia corporation, and NTS/LAKE FOREST II RESIDENTIAL CORPORATION, a Kentucky corporation (“NTS/Lake Forest II”; NTS/Virginia and NTS/Lake Forest II are sometimes hereinafter collectively referred to as the “Borrowers”), ORLANDO LAKE FOREST JOINT VENTURE, a Florida joint venture “Orlando Lake Forest”), NTS MORTGAGE INCOME FUND, a Delaware corporation and NTS GUARANTY CORPORATION, a Kentucky corporation (collectively, the “Guarantors”).

EX-10.3 4 d64681_ex10-3.htm PROMISSORY NOTE MODIFICATION AGREEMENT PROMISSORY NOTE MODIFICATION AGREEMENT
Promissory Note Modification Agreement • May 5th, 2020 • Maryland

THIS PROMISSORY NOTE MODIFICATION AGREEMENT (this “Agreement”) is made as of this 26th day of May, 2005, between DEPARTMENT OF BUSINESS AND ECONOMIC DEVELOPMENT, a principal department of the State of Maryland (the “Lender”), and PHOENIX COLOR CORP., a Delaware corporation (the “Borrower”).

Promissory Note Modification Agreement
Promissory Note Modification Agreement • July 24th, 2021

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PROMISSORY NOTE MODIFICATION AGREEMENT – MICHAEL FRANCIS
Promissory Note Modification Agreement • August 23rd, 2013 • BioNeutral Group, Inc • Industrial inorganic chemicals • New Jersey

THIS PROMISSORY NOTE MODIFICATION AGREEMENT (this “Agreement) is made as of this day of July 1, 2013 between BioNeutral Group Inc., a Nevada corporation (the “Company”), and Michael Francis or his registered assigns (the “Holder”).

PROMISSORY NOTE MODIFICATION AGREEMENT
Promissory Note Modification Agreement • March 31st, 2005 • Great Plains Ethanol LLC • Industrial organic chemicals

This Agreement is made as of February 28, 2005, between Home Federal Bank having its office at 225 South Main Avenue, Post Office Box 5000, Sioux Falls, South Dakota 57117-5000 (“Lender”) and Great Plains Ethanol LLC, 27716 462nd Ave., Chancellor, SD 57015 (“Borrower”).

HOME FEDERAL BANK PROMISSORY NOTE MODIFICATION AGREEMENT
Promissory Note Modification Agreement • March 31st, 2006 • Great Plains Ethanol LLC • Industrial organic chemicals

This Agreement is made as of February 16, 2006, between Home Federal Bank having its office at 225 South Main Avenue, Post Office Box 5000, Sioux Falls, South Dakota 57117-5000 (“Lender”) and Great Plains Ethanol LLC, 27716 462nd Ave., Chancellor, SD 57015 (“Borrower”).

PROMISSORY NOTE MODIFICATION AGREEMENT
Promissory Note Modification Agreement • April 14th, 2008 • Northern Technologies International Corp • Converted paper & paperboard prods (no contaners/boxes)

THIS PROMISSORY NOTE MODIFICATION AGREEMENT (“Modification”) is made and entered into on April 10, 2008 by and among Northern Technologies International Corporation (collectively “Borrower”) and NATIONAL CITY BANK, A NATIONAL BANKING ASSOCIATION (“Bank”).

PROMISSORY NOTE MODIFICATION AGREEMENT
Promissory Note Modification Agreement • July 17th, 2017 • Mendocino Brewing Co Inc • Malt beverages • California

THIS AGREEMENT is made as of the30th day of June 2017, by and between Catamaran Services, Inc., a Delaware corporation (the “Holder”) and Mendocino Brewing Company, Inc., a California corporation (the “Maker”).

PROMISSORY NOTE MODIFICATION AGREEMENT
Promissory Note Modification Agreement • May 1st, 2009 • Sparton Corp • Printed circuit boards

THIS PROMISSORY NOTE MODIFICATION AGREEMENT (“Modification”) is dated as of April 30, 2009 but is effective as of May 1, 2009, by and between Sparton Corporation (“Borrower” or, if more than one (1), collectively “Borrower”) and National City Bank (“Bank”).

PROMISSORY NOTE MODIFICATION AGREEMENT
Promissory Note Modification Agreement • November 21st, 2006 • Northern Technologies International Corp • Converted paper & paperboard prods (no contaners/boxes)

THIS PROMISSORY NOTE MODIFICATION AGREEMENT (“Modification”) is made and entered into on August 24, 2006 but is effective as of August 24, 2006 by and among Northern Technologies International Corporation (collectively “Borrower”) and NATIONAL CITY BANK, A NATIONAL BANKING ASSOCIATION (“Bank”).

Promissory note modification agreement form
Promissory Note Modification Agreement • May 13th, 2021

A promissory note, or “promise to pay”, is a note that details money borrowed from a lender and the repayment structure. The document holds the borrower accountable for paying back the money (plus interest, if any). There are 2 types of promissory notes, secured and unsecured. If secured, the “security” will be forfeited if the loan is not paid back. By Type (2) Secured Promissory Note – For the borrowing of money with an asset of value “securing” the amount loaned such as a vehicle or a home. If the borrower does not pay back the amount within the time frame suggested the lender will have the right to obtain the property of the borrower. Download: Adobe PDF, MS Word (.docx), OpenDocument Unsecured Promissory Note – Does not allow the lender to secure an asset for money loaned. This means that if the payment is not made by the borrower that the lender would have to either file in small claims court or through other legal processes. Download: Adobe PDF, MS Word (.docx), OpenDocument By

PROMISSORY NOTE MODIFICATION AGREEMENT
Promissory Note Modification Agreement • April 14th, 2008 • Northern Technologies International Corp • Converted paper & paperboard prods (no contaners/boxes)

THIS PROMISSORY NOTE MODIFICATION AGREEMENT (“Modification”) is made and entered into on January 31, 2008 by and among Northern Technologies International Corporation (collectively “Borrower”) and NATIONAL CITY BANK, A NATIONAL BANKING ASSOCIATION (“Bank”).

EXHIBIT 10.10
Promissory Note Modification Agreement • April 9th, 2002 • Catalyst International Inc • Services-prepackaged software • Wisconsin
PROMISSORY NOTE MODIFICATION AGREEMENT
Promissory Note Modification Agreement • December 17th, 2008 • Next Inc/Tn • Services-personal services

WHEREAS, Bank agreed to lend to Borrower an amount not to exceed the sum of Seven Million Five Hundred Thousand and 00/100 Dollars ($7,500,000.00) (“Loan”), which Loan was evidenced by a certain Replacement Promissory Note (Line of Credit) dated November 21, 2007 in the face amount of Seven Million Five Hundred Thousand and 00/100 Dollars ($7,500,000.00) (as extended, amended or otherwise modified to date, the “Note”) (the said Note and any other instrument or document given in connection with or to secure the Loan being collectively referred to as “Loan Documents”).

PROMISSORY NOTE MODIFICATION AGREEMENT
Promissory Note Modification Agreement • November 26th, 2008 • NTS Mortgage Income Fund • Real estate investment trusts • Ohio

This Promissory Note Modification Agreement (“Agreement”) is entered into this 21st day of November, 2008 (the “Effective Date”), by and between NATIONAL CITY BANK, a national banking association (successor by merger with The Provident Bank) (the “Lender”), having an office at One East Fourth Street, Cincinnati, Ohio 45202, NTS/VIRGINIA DEVELOPMENT COMPANY (“NTS/Virginia”), a Virginia corporation, and NTS/LAKE FOREST II RESIDENTIAL CORPORATION, a Kentucky corporation (“NTS/Lake Forest II”; NTS/Virginia and NTS/Lake Forest II are sometimes hereinafter collectively referred to as the “Borrowers”), ORLANDO LAKE FOREST JOINT VENTURE, a Florida joint venture “Orlando Lake Forest”), NTS MORTGAGE INCOME FUND, a Delaware corporation (“MIF”), and NTS GUARANTY CORPORATION, a Kentucky corporation (“Guaranty Corp.”; MIF and Guaranty Corp. are sometimes hereinafter collectively referred to as the “Guarantors”).

PROMISSORY NOTE MODIFICATION AGREEMENT
Promissory Note Modification Agreement • December 3rd, 2008 • Next Inc/Tn • Services-personal services

WHEREAS, Bank agreed to lend to Borrower an amount not to exceed the sum of Seven Million Five Hundred Thousand and 00/100 Dollars ($7,500,000.00) (“Loan”), which Loan was evidenced by a certain Replacement Promissory Note (Line of Credit) dated November 21, 2007 in the face amount of Seven Million Five Hundred Thousand and 00/100 Dollars ($7,500,000.00) (as extended, amended or otherwise modified to date, the “Note”) (the said Note and any other instrument or document given in connection with or to secure the Loan being collectively referred to as “Loan Documents”).

PROMISSORY NOTE MODIFICATION AGREEMENT
Promissory Note Modification Agreement • April 14th, 2008 • Northern Technologies International Corp • Converted paper & paperboard prods (no contaners/boxes)

THIS PROMISSORY NOTE MODIFICATION AGREEMENT (“Modification”) is made and entered into on January 30, 2008 but is effective as of January 31, 2008 by and among Northern Technologies International Corporation (collectively “Borrower”) and NATIONAL CITY BANK, A NATIONAL BANKING ASSOCIATION (“Bank”).

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PROMISSORY NOTE MODIFICATION AGREEMENT
Promissory Note Modification Agreement • February 2nd, 2024 • Smart for Life, Inc. • Medicinal chemicals & botanical products

This Promissory Note Modification Agreement (this “Agreement”) is dated this 26th day of January, 2024 and is entered into between SMART FOR LIFE, INC., a Nevada corporation (hereinafter referred to as “Borrower”), ALFONSO J. CERVANTES, JR. (hereinafter referred to as “Guarantor”) and JOSEPH X. XIRAS, (hereinafter referred to as “lender” or “Holder”). Capitalized terms used but not defined herein shall have the meaning ascribed to them in the Note (as defined below).

PROMISSORY NOTE MODIFICATION AGREEMENT
Promissory Note Modification Agreement • May 16th, 2013 • Eaton Scientific Systems, Inc. • Retail-miscellaneous retail • California

THIS PROMISSORY NOTE MODIFICATION AGREEMENT (this “Agreement”) is made as of the 30th day of September, 2012, by and between Pristine Solutions, Inc., a Nevada corporation (hereinafter known as “BORROWER”) and Edward W. Withrow III., an individual (hereinafter known as “LENDER”). BORROWER and LENDER shall collectively be known herein as “the Parties”.

PROMISSORY NOTE MODIFICATION AGREEMENT
Promissory Note Modification Agreement • November 21st, 2006 • Northern Technologies International Corp • Converted paper & paperboard prods (no contaners/boxes)

THIS PROMISSORY NOTE MODIFICATION AGREEMENT (“Modification”) is dated as of January 30, 2006 but is effective as of January 30, 2006, by and between NORTHERN TECHNOLOGIES INTERNATIONAL CORPORATION (“Borrower” or, if more than one (1), collectively “Borrower”) and NATIONAL CITY BANK, a national banking association (“Bank”).

PROMISSORY NOTE MODIFICATION AGREEMENT
Promissory Note Modification Agreement • August 16th, 2010 • Golden Phoenix Minerals Inc • Metal mining
PROMISSORY NOTE MODIFICATION AGREEMENT
Promissory Note Modification Agreement • July 6th, 2021 • Gb Sciences Inc • Crude petroleum & natural gas • Nevada

THIS PROMISSORY NOTE MODIFICATION AGREEMENT (this “Modification”), dated this 10th day of August, 2020 (the “Effective Date”), is entered into by GB SCIENCES, INC. (the “Company”), and 483 MANAGEMENT, LLC (“483”).

PROMISSORY NOTE MODIFICATION AGREEMENT
Promissory Note Modification Agreement • April 2nd, 2013 • Bluerock Multifamily Growth REIT, Inc. • Real estate investment trusts

THIS PROMISSORY NOTE MODIFICATION AGREEMENT (this “Agreement”) is made as of March 4, 2013, between and among BLUEROCK MULTIFAMILY GROWTH REIT, INC., a Maryland corporation f/k/a Bluerock Enhanced Multifamily Trust, Inc. (the “Borrower”), and BLUEROCK SPECIAL OPPORTUNITY + INCOME FUND II, LLC, a Delaware limited liability company (“SOIF II”) and BLUEROCK SPECIAL OPPORTUNITY + INCOME FUND III, LLC, a Delaware limited liability company (“SOIF III,” and together with SOIF II and their collective successors and assigns, the “Lender”).

PROMISSORY NOTE MODIFICATION AGREEMENT
Promissory Note Modification Agreement • June 11th, 2024 • Hall of Fame Resort & Entertainment Co • Services-miscellaneous amusement & recreation

This Promissory Note Modification Agreement (“Modification Agreement”), is made this 5th day of June, 2024, by and between the CITY OF CANTON, OHIO, a municipality duly organized and validly existing under the Ohio Constitution and other applicable Ohio laws, whose address is 218 Cleveland Avenue SW, Canton, OH 44702 (hereinafter the “City”, which term shall include any holder hereof) and HOF VILLAGE HOTEL II, LLC, a Delaware limited liability company whose address is c/o HOF Village Hotel II, LLC, 2014 Champions Gateway, Canton, OH 44708 (“Borrower”).

PROMISSORY NOTE MODIFICATION AGREEMENT
Promissory Note Modification Agreement • June 11th, 2024 • Hall of Fame Resort & Entertainment Co • Services-miscellaneous amusement & recreation

This Promissory Note Modification Agreement (“Agreement”), is made this 5th day of June, 2024, by and between the CITY OF CANTON, OHIO, a municipality duly organized and validly existing under the Ohio Constitution and other applicable Ohio laws, whose address is 218 Cleveland Avenue SW, Canton, OH 44702 (hereinafter the “Lender”, which term shall include any holder hereof) and HALL OF FAME RESORT & ENTERTAINMENT COMPANY, Delaware corporation whose address is 2014 Champions Gateway, Canton, OH 44708 (“Borrower”).

HOME FEDERAL BANK PROMISSORY NOTE MODIFICATION AGREEMENT
Promissory Note Modification Agreement • May 17th, 2004 • Great Plains Ethanol LLC • Industrial organic chemicals

This Agreement is made as of February 25, 2004, between Home Federal Bank having its office at 225 South Main Avenue, Post Office Box 5000, Sioux Falls, South Dakota 571 17-5000 (“Lender”) and Great Plains Ethanol LLC, 27716 462nd Ave., Chancellor, SD 57015 (“Borrower”).

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