EX-4.313


   

  				
	 
	Atlantic Canada
Opportunities
Agency
	Agence de
promotion économique
du Canada atlantique
	 



  P.O. Box 2284, Station Central

  Halifax, Nova Scotia

  B3J 3C8

   

  Project Number: 200804

   

  November 25, 2020

   

  Metamaterial Technologies Inc.

  1 Research Drive, Suite 215

  Dartmouth, Nova Scotia

  B2Y 4M9

   

  Attention: Dr. George Palikaras

   

  Dear Dr. Palikaras:

   

  Re: Revised Repayment Schedule in effect as of January 1, 2021

   

  On April 1, 2020, the Atlantic Canada Opportunities Agency, along with all other regional development agencies, applied a deferral on all payments due as part of the Government of Canada’s response to the COVID-19 outbreak. This deferral of payments and related interest charges (if applicable) was implemented to relieve some of the financial pressures your business might have been experiencing.

   

  As this payment deferral period is ending December 31, 2020, I am attaching your revised Repayment Schedule, which comes into effect on January 1, 2021. All other terms and conditions of our Agreement, accepted by you on August 30, 2012 and as amended thereafter if such is the case, remain unchanged.

   

  However, ACOA recognizes that certain sectors and businesses may continue to face economic hardship. Therefore, if you have any concerns about your ability to resume payments or any other questions pertaining to our procedures, please do not hesitate to contact Paul Hayes at (800) 565-1228 or (902) 426-3174 or via e-mail at paul.hayes@canada.ca.

   

  Paul Hayes will be more than happy to discuss your situation and go over the options available to you. We will work with you to find a solution that works best as we navigate through this exceptional situation together. Should any additional deferral periods be granted, you will be informed of such.

   

  Yours truly,

   

   

   

  Bill Grandy

  Director General, Programs

  Atlantic Canada Opportunities Agency

   

   

   

  

   

   

   

   

   

   

   

  Attachment:

   

  -     Repayment Schedule

   

   

  Page | 2

   

  

   

   

   

   

   

  Revised Repayment Schedule

   

  		
	Client:
	Metamaterial Technologies Inc.

	Account Number:
	200804

	Number of Repayments:
	84

	Start Date
	2015/10/01

	End Date:
	2023/06/01

	Total Repayable:
	$500,000.00



   

  					
	Payment #
	Amount Due
	Due Date
	Amount Paid to Date
$321408.00
	Amount Outstanding
$178,592.00

	55
	$5,952.00
	2021/01/01
	 
	$172,640.00

	56
	$5,952.00
	2021/02/01
	 
	$166,688.00

	57
	$5,952.00
	2021/03/01
	 
	$160,736.00

	58
	$5,952.00
	2021/04/01
	 
	$154,784.00

	59
	$5,952.00
	2021/05/01
	 
	$148,832.00

	60
	$5,952.00
	2021/06/01
	 
	$142,880.00

	61
	$5,952.00
	2021/07/01
	 
	$136,928.00

	62
	$5,952.00
	2021/08/01
	 
	$130,976.00

	63
	$5,952.00
	2021/09/01
	 
	$125,024.00

	64
	$5,952.00
	2021/10/01
	 
	$119,072.00

	65
	$5,952.00
	2021/11/01
	 
	$113,120.00

	66
	$5,952.00
	2021/12/01
	 
	$107,168.00

	67
	$5,952.00
	2022/01/01
	 
	$101,216.00

	68
	$5,952.00
	2022/02/01
	 
	$95,264.00

	69
	$5,952.00
	2022/03/01
	 
	$89,312.00

	70
	$5,952.00
	2022/04/01
	 
	$83,360.00

	71
	$5,952.00
	2022/05/01
	 
	$77,408.00

	72
	$5,952.00
	2022/06/01
	 
	$71,456.00

	73
	$5,952.00
	2022/07/01
	 
	$65,504.00

	74
	$5,952.00
	2022/08/01
	 
	$59,552.00

	75
	$5,952.00
	2022/09/01
	 
	$53,600.00

	76
	$5,952.00
	2022/10/01
	 
	$47,648.00

	77
	$5,952.00
	2022/11/01
	 
	$41,696.00

	78
	$5,952.00
	2022/12/01
	 
	$35,744.00

	79
	$5,952.00
	2023/01/01
	 
	$29,792.00

	80
	$5,952.00
	2023/02/01
	 
	$23,840.00

	81
	$5,952.00
	2023/03/01
	 
	$17,888.00

	82
	$5,952.00
	2023/04/01
	 
	$11,936.00

	83
	$5,952.00
	2023/05/01
	 
	$5,984.00

	84
	$5,984.00
	2023/06/01
	 
	$0.00



   

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