Example ContractsClausesAmendment to [Subsection 5
Amendment to [Subsection 5
Amendment to [Subsection 5 contract clause examples
Previous results

[Section 5.10(a)] of the Purchase Agreement is hereby amended to read in its entirety as follows:

[Sections 5.04(a), 5.04(c), 5.05 and 5.13]3]3]3] of the Existing Credit Agreement are hereby amended by replacing references to “December 31, 2015” with “December 31, 2016”.

[Section 5.15] of the Existing Credit Agreement is hereby amended and restated in its entirety as follows:

[Section 5.2(d)] of the Loan Agreement is hereby amended and restated as follows:

[Section 5.1] of the Plan shall be, and hereby is, amended to increase the aggregate number of shares of Common Stock issuable thereunder to 1,250,000, and such section is thereby to read as follows:

[Section 5.05] is hereby amended and restated in its entirety to read as follows:

[Section 5.1] “Jabil Warranty” (MSA) states IPC-A [[Unknown Identifier]] class 2 workmanship. IRhythm understands that IPC standards change from time to time and that Jabil will be held at a minimum revision D. However, if new revision provides better than requirements Jabil may implement that requirement. If a change occurs as a result per the change control process IRhythm will be notified as defined in the Manufactures Service Agreement.

[Section 5.6(c)] of the Agreement is deleted in its entirey for the purposes of this Amendment and replaced with the following provision: “From all collections of principal payments under the Loan, Buyer will receive all proceeds until the Buyer Loan Amount has been repaid, after which all proceeds will be paid to Seller.”

[Section 5.7] of the Agreement is hereby deleted in its entirety for the purposes of this Amendment and replaced with the following provision: “Buyer Loan shall have priority over Seller Loan.”

[Section 5.3.1(iii)] shall be deleted in its entirety and replaced with the following:

Next results

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.