Third Allonge to $2,000,000 Commercial Promissory Note between Sonesta International Hotels Corporation and Lender

Contract Categories: Business Finance › Note Agreements
Summary

Sonesta International Hotels Corporation and its lender have agreed to amend their $2,000,000 promissory note. This amendment, called an allonge, changes the maturity date of the loan to January 31, 2004. All other terms of the original note remain in effect, and the company reaffirms its obligations under the amended note.

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EX-10.5(C) 6 a2132289zex-10_5c.txt EX-10.5(C) Exhibit 10.5(c) SONESTA INTERNATIONAL HOTELS CORPORATION (the "Borrower") Third Allonge to $2,000,000 Commercial Promissory Note dated September 29, 2000 (the "Note") Boston, Massachusetts November 24, 2003 1. Amendment to Maturity. As used in the Note, the definition of "Maturity" is hereby amended to read "January 31, 2004." THIS ALLONGE IS MADE AND DELIVERED by the Borrower and shall be a part of the Note. The Note referred to above, as amended hereby, is hereby reaffirmed by the Company. SONESTA INTERNATIONAL HOTELS CORPORATION By: /S/ --------------------------------------- Peter J. Sonnabend Vice Chairman 1309840.2 32