Example ContractsClausesIncrease in Interest Rate
Increase in Interest Rate
Increase in Interest Rate contract clause examples

Increase in Guaranteed Minimum Interest. The Guaranteed Minimum Interest shall be increased from Seventy Five Thousand and 00/100 Dollars ($75,000.00) to One Hundred Thousand and 00/100 Dollars ($100,000.00).

Increase in Interest Rate. In the event that:

Increase in Interest Rate. In the event that:

Increase in Guaranteed Minimum Interest. The Guaranteed Minimum Interest shall be increased from One Hundred Thousand and 00/100 Dollars ($100,000.00) to One Hundred Twenty-Five Thousand and 00/100 Dollars ($125,000.00). All references to in the Note to the defined term “Guaranteed Minimum Interest” shall hereafter be interpreted to reflect the amended definition of Guaranteed Minimum Interest.

Increase in Interest Rate. In the event that:

Increase in Guaranteed Minimum Interest. The Guaranteed Minimum Interest shall be increased from Seventy Five Thousand and 00/100 Dollars ($75,000.00) to One Hundred Thousand and 00/100 Dollars ($100,000.00).

Increase in the Conversion Rate. If a Make-Whole Fundamental Change occurs and a Purchaser elects to convert its Notes in connection with such Make-Whole Fundamental Change, then the Company shall, to the extent provided herein, increase the Conversion Rate for the Notes so surrendered for conversion by a number of additional shares of Common Stock (the “Additional Shares”), as described in this [Section 4.6]. A conversion of Notes shall be deemed for these purposes to be “in connection with” a Make-Whole Fundamental Change if the relevant Conversion Notice is received by the Conversion Agent during the period from, and including, the Make-Whole Fundamental Change Effective Date up to, and including, the Close of Business on the Business Day immediately prior to the related Fundamental Change Purchase Date or, if such Make-Whole Fundamental Change is not also a Fundamental Change, the 35th Business Day immediately following the Make-Whole Fundamental Change Effective Date (such period, the “Make-Whole Fundamental Change Period”).

Increase in Guaranteed Minimum Interest. The Guaranteed Minimum Interest shall be increased from Seventy Five Thousand and 00/100 Dollars ($75,000.00) to One Hundred Thousand and 00/100 Dollars ($100,000.00).

Increase in Guaranteed Minimum Interest. The Guaranteed Minimum Interest shall be increased from One Hundred Twenty-Five Thousand and 00/100 Dollars ($125,000.00) to One Hundred Fifty Thousand and 00/100 Dollars ($150,000.00). All references to in the Note to the defined term “Guaranteed Minimum Interest” shall hereafter be interpreted to reflect the amended definition of Guaranteed Minimum Interest.

Increase in Guaranteed Minimum Interest. The Guaranteed Minimum Interest shall be increased from Seventy Five Thousand and 00/100 Dollars ($75,000.00) to One Hundred Thousand and 00/100 Dollars ($100,000.00).

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