Common use of Maximum Principal Amount Clause in Contracts

Maximum Principal Amount. The Maximum Principal Amount under the Note, as stated in the Second Amended and Restated Secured Cognovit Promissory Note is hereby increased from Eight Million Seven Hundred Fifty Eight Thousand Six Hundred Twenty Eight and 29/100 Dollars ($8,758,628.89) to Fourteen Million One Hundred Thirty Nine Thousand One Hundred Fifty Three and 54/100 Dollars ($14,139,153.54), constituting an increase of $4,600,000 in the Loan Amount of $9,539,153.54 outstanding as of November 30, 2023 (prior to such increase).

Maximum Principal Amount. The Maximum Principal Amount under the Note, as stated in the Second Amended and Restated Secured Cognovit Promissory Note Note, is hereby increased from Eight by Two Million Two Hundred Thousand Dollars ($2,200,000) to reflect the additional advance made by ▇▇▇▇▇▇ to Borrower in said amount. After the change described above, the Maximum Principal Amount under the Note is and shall be Twelve Million Seven Hundred Fifty Eight Fifty-One Thousand Six Nine Hundred Twenty Eight Thirty-Four and 29/100 9/100ths Dollars ($8,758,628.89) to Fourteen Million One Hundred Thirty Nine Thousand One Hundred Fifty Three and 54/100 Dollars ($14,139,153.54), constituting an increase of $4,600,000 in the Loan Amount of $9,539,153.54 outstanding as of November 30, 2023 (prior to such increase12,751,934.09).