Amendment to the February Note Sample Clauses

Amendment to the February Note. (a) The February Note is hereby amended, effective on the Effective Date, by replacing the reference to “0.67%” in Section 1(b) thereof with “1.67%”. (b) In addition, to the extent that, after the date hereof, JGB grants any Release Request or otherwise releases any funds in accordance with Section 3.3 of this Agreement, then in such event the February Note shall be amended by increasing the annual rate of interest by 0.20 percentage points for each $100,000 in the aggregate released from the Blocked Account and/or the Deposit Account pursuant to Section 3.3. Any such amendment to the Febuary Note shall take effect on the first day of the month immediately following the month in which such release of funds occurred. Notwithstanding the foregoing, in no event shall any amendment to the February Notes cause the Applicable Interest Rate to exceed 6%.
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Related to Amendment to the February Note

  • Amendment to Purchase Agreement Section 1.3 of the Purchase Agreement is hereby amended and restated in its entirety to read as follows:

  • Amendment to the Loan Agreement Section 3.1 of the Loan Agreement shall be amended and restated as follows:

  • Amendment to Note By executing this Agreement, the Borrower and the Lender hereby agree and acknowledge that Section 1 of the Note is hereby amended by deleting "September 30, 2002" and inserting in the place of such deletion "October 31, 2002."

  • Amendment to Security Agreement 2.1 Section 2.1(xviii) of the Security Agreement is hereby amended in its entirety as follows:

  • Amendment to Loan Agreement Subject to satisfaction of the conditions precedent set forth in Section 4 below, the Loan Agreement is hereby amended as follows: