Common use of Cash Payments Clause in Contracts

Cash Payments. If requested by the Holder, the Company will make amortizing payments to the Holder (a "Payment," or collectively, the "Payments") on a monthly basis on the first day of each business day of each month while there is an outstanding balance on the Debenture, in an amount to be determined by the Holder and the Company based on the Company's then current financial position. ("

Appears in 28 contracts

Samples: Debenture Agreement (Xtreme Companies Inc), Debenture Agreement (Xtreme Companies Inc), Debenture Agreement (Xtreme Companies Inc)

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Cash Payments. If requested by the Holder, the Company will make amortizing payments to the Holder (a "Payment," or collectively, the "Payments") on a monthly basis on the first day of each business day of each month while there is an outstanding balance on the Debenture, in an amount to be determined by the Holder and the Company based on the Company's then current financial position. ("

Appears in 1 contract

Samples: www.sec.gov

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