Amendment to Loan Agreement between Go Go Buyers and Sna Ny dated May 6, 2022

Contract Categories: Business Finance Loan Agreements
Summary

This amendment extends the original loan agreement between Go Go Buyers, a Nevada corporation, and Sna Ny, an individual lender. The main change is to extend the term of the agreement for five years from May 6, 2022. Both parties agree to continue the lender’s services to the borrower under the updated terms. All other terms of the original agreement remain in effect unless specifically changed by this amendment.

EX-10.4 5 amend_loan.htm

Amendment to Loan Agreement

 

This Amendment (the “Amendment”), to Loan Agreement, dated March 22, 2022 (the “Agreement”), is executed as of this 6 day of May, 2022 (the “Effective Date”)

 

 

by and between

 

Go Go Buyers, a Nevada corporation, hereinafter referred to as the “Borrower” which expression unless repugnant to the context shall mean and includes its legal representatives, assignee, nominee(s) and administrator;

 

 

and

 

Sna Ny, an individual, hereinafter referred to as the “Lender” which expression unless repugnant to the context shall mean and includes its legal representatives, assignee, nominee(s) and administrator;

 

 

WHEREAS the Parties entered into the Agreement whereby the Borrower and the Lender set forth their agreements with respect to certain services to be provided by the Lender to the Borrower; and

 

WHEREAS, the Parties desire to amend the Agreement to continue some of Lender’s services to the Borrower under certain circumstances and to reflect the terms otherwise specified herein.

 

 

 

The parties agree to amend the period of validity of the Agreement as explained hereunder:

 

1. Term. The term of this Agreement shall be extended for a period of five years, commencing on the Effective Date and ending on the fifth anniversary of the Effective Date (the “Initial Term”).

 

 

 

 

IN WITNESS WHEREOF, the parties have executed this Amendment as of the date first stated above.

 

 

SIGNATURES

 

 

 

 

________________ Go Go Buyers

Borrower’s Signature Borrower’s Full Name

 

 

 

 

 

 

Sna Ny

__________________________

Lender’s Signature Lender’s Full Name