Amendment to Loan Agreement, dated August 6, 2024, by and between ClimateRock and Eternal BV

Contract Categories: Business Finance - Loan Agreements
EX-10.5 6 ea021094101ex10-5_climate.htm AMENDMENT TO LOAN AGREEMENT, DATED AUGUST 6, 2024, BY AND BETWEEN CLIMATEROCK AND ETERNAL BV

Exhibit 10.5

 

DATED 6 August 2024

 

 

 

 

 

 

AMENDMENT TO LOAN AGREEMENT

 

 

 

Between

 

 

 

 

 

(1) ClimateRock ‘The Borrower’

 

and

 

(2) Eternal BV ‘The Lender’

 

 

 

 

 

 

 

 

 

 

 

 

 

 

THIS AGREEMENT is dated and made on the 6th day of August 2024.

 

BETWEEN:

 

(1)ClimateRock (the “Borrower”), 25 Bedford Square, London, England, WC1B 3HH, The United Kingdon and

 

(2)Eternal BV (the “Lender”), Mariëndaal 8, 6861 WN Oosterbeek, The Netherlands.

 

NOW IT IS HEREBY AGREED as follows:

 

BACKGROUND

 

The Lender and the Borrower have entered into a Loan Agreement on the 1st day of November 2023 and both parties agree to amend that certain Loan Agreement as follows. 

 

The definition of Final Repayment Date is amended to:

 

“Final Repayment Date” means 1 January 2025 or, if earlier, the date of the consummation of the initial business combination of the Company;

 

IN WITNESS OF WHICH the parties have signed this agreement the day and year first above written.

 

/s/ Per Regnarsson   /s/ Charles Ratelband
Signed by Per Regnarsson
Re for and on behalf of the Borrower
ClimateRock
  Signed by Charles Ratelband
for and on behalf of the Lender
Eternal BV