Common use of Consideration and Payment for the Shares Clause in Contracts

Consideration and Payment for the Shares. In consideration for the ---------------------------------------- Shares, Creditor shall credit the total sum of $895,238 to Debtor as payment in full of past debts owing to Creditor from Debtor.

Appears in 2 contracts

Samples: Debt Conversion Agreement (Esstec Inc), Debt Conversion Agreement (Esstec Inc)

AutoNDA by SimpleDocs

Consideration and Payment for the Shares. In consideration for the ---------------------------------------- Shares, Creditor shall credit the total sum of $895,238 895,237 to Debtor as payment in full of past debts owing to Creditor from Debtor.

Appears in 1 contract

Samples: Debt Conversion Agreement (Converge Global Inc/Ca)

AutoNDA by SimpleDocs

Consideration and Payment for the Shares. In consideration for the ---------------------------------------- Shares, Creditor shall credit the total sum of $895,238 2,381,849.08 to Debtor as payment in full of past debts owing to Creditor from Debtor.

Appears in 1 contract

Samples: Debt Conversion Agreement (American Soil Technologies Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!