Change in Terms Agreement to Demand/Revolving Line of Credit/Promissory Note between Rare Earth Financial, LLC and InnSuites Hospitality Trust

Contract Categories: Business Finance › Modification Agreements
Summary

This agreement, dated June 19, 2017, is between Rare Earth Financial, LLC and InnSuites Hospitality Trust. It modifies the original Demand/Revolving Line of Credit/Promissory Note dated December 1, 2014, by extending the maturity date from December 31, 2017, to June 30, 2019. All other terms of the original agreement remain unchanged. The agreement is signed by authorized representatives of both parties.

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EX-10.3 4 ex10-3.htm

 

 

   
 

 

 

   
 

 

 

   
 

 

 

   
 


Date: June 19, 2017

 

Demand/Revolving Line of Credit/Promissory Note between Rare Earth Financial, LLC and InnSuites Hospitality Trust

 

Change in Terms

 

1)Change Maturity date from December 31, 2017 to June 30, 2019

All other terms from the Demand / Revolving Line of Credit / Promissory Note between Rare Earth Financial, LLC and InnSuites Hospitality Trust dated December 1, 2014 are not changed.

 

/s/ Rare Earth Financial,   /s/ InnSuites Hospitality Trust
by James Wirth, Managing Member   by James Wirth, CEO
Rare Earth Financial, LLC   InnSuites Hospitality Trust
Borrower   Lender