Amendment of Notes Clause Samples

Amendment of Notes. Each of the Notes may be amended with the written consent of the holders of at least a majority in outstanding principal amount of the Notes; provided that without the written consent of the holder of this Note, no amendment shall (i) reduce the rate or change the time for payment of interest on this Note, (ii) reduce the principal of or change the maturity of this Note, (iii) amend Section 6.01, or (iv) make any change in Article VII that adversely affects the rights of the holder of this Note. After an amendment becomes effective, it shall bind the holders and every subsequent holder of Notes, even if notation of the amendment is not made on any Note. However, the Company may place an appropriate notation regarding an amendment on any Note thereafter executed.

Amendment of Notes. (a) Section 1 of each of the Notes is hereby amended to add the following defined term in proper alphabetical order:

Amendment of Notes. 1.1 Section 4(b)(i)

Amendment of Notes. The Notes shall be and the same hereby are amended by changing the maturity dates thereof to April 20, 1997.

Amendment of Notes. Except as otherwise provided in Section 13 hereof, and subject to any necessary regulatory approval, the Subordinated Notes may, with the consent of the Company and the Holders of at least 51% of the aggregate outstanding principal amount of the Subordinated Notes then outstanding, be amended or any provision, past default, or non-compliance thereof waived; provided, however, that, without the consent of each Holder of an affected Note, no such amendment or waiver may: (i) reduce the principal amount of the Note; (ii) reduce the rate of or change the time for payment of interest on any Note; (iii) reduce the amount of principal or extend the maturity of any Note; (iv) make any change in this Section 14 or in Sections 8 through 15 hereof; (v) make any change in Section 5 hereof that adversely affects the rights of any Holder of a Note; or (vi) disproportionately affect any of the Holders of the then outstanding Notes.

Amendment of Notes. The Thamesedge Note, the Lonrho Notes (collectively), the Via Verde Note, the Valley Gateway Note, the Facility Note and the Revolving Credit Note, each will be amended as provided, respectively, in Exhibits A, B, C, D, E and F to this Agreement. Hondo and Via Verde, as applicable, will execute the note amendments, Thamesedge will execute them to acknowledge consent thereto, and the note amendments will be attached to the original notes held by Thamesedge.

Amendment of Notes. The Local Educational Agencies and the Trustee will not amend or permit the amendment of any Note without (a) (1) a determination that such amendment does not materially adversely affect the interest of the Owners of the Note Participations, or (2) the written consents of the Owners of a majority in aggregate principal amount of the Note Participations then Outstanding, and (b) an Opinion of Counsel to the effect that such amendment will not cause interest on the Notes to be included in gross income for federal income tax purposes; provided that no such amendment shall reduce the rate of interest or amount of principal or extend the time of payment thereof with respect to any Note.

Amendment of Notes. This Warrant is issued pursuant to the Amendment of the 8% Subordinated Convertible Promissory Note between the Holder and the Company (the “Notes”) and the issuances by the Company to the Holder of this Warrant on the date hereof.

Amendment of Notes. The Buyers representing the Required Holders and the Company agree to amend Section 2(a) of the Notes to add the following sentence: “Notwithstanding the existence of an Equity Conditions Failure, at the Holder’s election, (i) the Company shall issue Interest Shares in connection with the interest payments due April 1, 2024, July 1, 2024 and October 1, 2024 (of which, the payments due April 1, 2024 and July 1, 2024 shall be paid on or about the date of this Agreement utilizing the Alternate Conversion Price); or (ii) the Company shall be permitted to increase the Principal amount of the Note to include the interest payments that were due on April 1, 2024 and July 1, 2024, and on October 1, 2024 the Company shall be permitted to increase the Principal amount of the Note to include the interest payment due on such date.”