Common use of Amendments to the Note Clause in Contracts

Amendments to the Note. the Note entitled “Repayment” is hereby deleted in its entirety and simultaneously replaced with the following: The outstanding principal balance and all accrued and updated interest thereon shall be due upon the earlier of (i) December 31, 2026, or (ii) consummation of a Qualified Offering (as defined below).

Appears in 3 contracts

Sources: Promissory Note Amendment (Apimeds Pharmaceuticals US, Inc.), Promissory Note Amendment (Apimeds Pharmaceuticals US, Inc.), Promissory Note Amendment (Apimeds Pharmaceuticals US, Inc.)