Amended Loans definition
Examples of Amended Loans in a sentence
KNOW YOUR RIGHTS UNDER THE SUNSHINE ORDINANCE Government's duty is to serve the public, reaching its decision in full view of the public.
During the year ended December 31, 2021, the Company issued 895,122 common shares with a fair value of$6,265,862 pursuant to the Term Sheet of the Amended Loans (Note 20).
Upon recognition of the Amended Loans, the Company determined the fair value to be $26,496,481.
The Amended Loans pay interest at the rate of 20% per annum for the period from July 1, 2020 to December 31, 2020.
For all periods subsequent to December 31, 2020, the Amended Loans pay interest at 10% per annum, calculated and payable semi-annually.