On September 17, 2012, loan agreement for Loan 9660933082-90002/0002 was established for $5,000,000, April 17, 2012 and amended on July 16, 2012 by and between BRANCH BANKING AND TRUST COMPANY (“Bank”) and The Goldfield Corporation, a Delaware State Company (“Borrower”) whose executive office in Melbourne, Florida, is amended: the changes must be made in accordance with the relevant provisions of the original loan agreement. Our amendment agreement is at odds with the corresponding provision of our Long Form Loan Agreement. This addition to the loan agreement, which was entered into on July 27, 2007, was agreed upon by (hereafter referred to as “Lender” and “Renewable Energy Resources,” Inc. (hereafter referred to as “borrower”) for the use of $100,000 of the loan for the borrower`s activity in connection with the outstanding SEC 10Q deposit and the final beneficiary, Project Spring. This surcharge is made between the parties, namely.dem lender and the borrower, for the sole destination and amount indicated and cannot change any other party, content or status of any of the parties to the original loan agreement. This addendum does not change the amount of the loan, the duration of the loan, the payment of interest, repayment, advance, the borrower`s shares, the loan guarantee with the authorization of the surety, the events of the late clauses, the appeals, appeals, the appeal, the recovery, the jurisdiction and jurisdiction, the right to the lender`s first refusal or the lender`s obligation, as stated in the original agreement, of the entire amount of the Transacti This model is in open format. Enter the required details in the raised fields or adjust the text for your purposes. This loan agreement is a document that allows the contracting parties to change the terms of an existing loan agreement. A loan agreement requires the lender to lend money to the borrower. On the basis of this document amending the agreement, the parties have the option of amending the terms of the original agreement.
This can be particularly useful when contracting parties wish to make the terms more accessible so that the borrower is better able to meet the terms of the agreement without the credit being late. There is also space to include custom modifications based on the needs of the lender and borrower. Once the agreement is reached, both parties should sign the document before a notary and have the notarial document certified. Each party must keep a copy of the agreement and deposit it in the same place as keeping its copy of the loan agreement, so that all the conditions of the notification are in the same place. This loan modification agreement is a simple form of agreement that allows for the modification of an initial loan agreement. These changes can range from simple administrative or information changes to more substantial changes, such as increasing the amount of the loan or extending the term of the loan. This agreement assumes the lack of security. Changes are often required when a borrower fails to meet their obligations under the loan, or expects it to be breached and informs the lender as such. Such disclosure may lead both parties to want to change one or more maturities of the loan. If there are a large number of changes, it may be better from a purely practical point of view, – Legislation and jurisdiction in force This first endorsement of the loan agreement (“addendum”) between MLIC Asset Holdings LLC, Federation Bank and Washington State Bank (together the “Lender”) and Iowa Renewable Energy, LLC (“Borrower”) will be effective on February 1, 2011.