Amount of Line of Credit. The words and figure "TWO MILLION FIVE HUNDRED THOUSAND AND NO/100 DOLLARS ($2,500,000.00)" as they appear in Paragraphs 1.1 and 3.2 of the Initial Loan Agreement, and in the first paragraph of the Revolving Line of Credit Note on page one, are deemed changed to read: "FIVE MILLION AND NO/100 DOLLARS ($5,000,000.00)". The figure "$2,500,000.00" as it appears at the top of page one of the Revolving Line of Credit Note is deemed changed to read: "$5,000,000.00". Paragraph 3.1 of the Initial Loan Agreement is deleted and replaced with the following:
Appears in 2 contracts
Sources: Loan Agreement (Global Aircraft Solutions, Inc.), Loan Agreement (Global Aircraft Solutions, Inc.)
Amount of Line of Credit. The words and figure "TWO FIVE MILLION FIVE HUNDRED THOUSAND AND NO/100 DOLLARS ($2,500,000.005,000,000.00)" as they appear in Paragraphs 1.1 and 3.2 of the Initial Loan Agreement, and in the first paragraph of the Revolving Line of Credit Note on page one, are deemed changed to read: "FIVE FOUR MILLION EIGHT HUNDRED SEVENTY TWO THOUSAND AND NO/100 DOLLARS ($5,000,000.004,872,000.00)". The figure "$2,500,000.005,000,000.00" as it appears at the top of page one of the Revolving Line of Credit Note is deemed changed to read: "$5,000,000.004,872,000.00". Paragraph 3.1 of the Initial Loan Agreement is deleted and replaced with the following:
Appears in 1 contract