Consideration to Xxxxxx Sample Clauses

Consideration to Xxxxxx. WGHI covenants and agrees to do and perform the following: A. Payment of the sum of $165,000. WGHI shall pay to Xxxxxx the sum of $9,167 per month commencing November 20, 1997 and continuing on the 20th day of each month thereafter until the entire sum of $165,000 is paid in full. In the event of a capital raise by WGHI in the sum of $3,000,000 or more, prior to the maturity date of the installment payments as set forth above, the entire remaining balance shall be paid in full, within ten (10) business days after said capital raise. B. WGHI shall issue 12,383 shares of post-reverse common stock of WGHI, bearing a restrictive legend. Said shares shall be registered in connection with the current SB-2 Registration Statement on file with the Securities and Exchange Commission, in addition to 40,740 shares of post-reverse common stock previously issued to Xxxxxx. Said 53,123 shares shall be issued immediately upon execution of this agreement. C. WGHI shall issue to Xxxxxx, warrants to purchase 125,000 shares of post-reverse common stock of WGHI at a price of $5 per share of common stock. Said warrants shall expire eighteen (18) months from the date of this Settlement Agreement. Said warrants shall be issued immediately upon execution of this agreement. D. Interest shall continue to accrue and be paid by WGHI at the rate of 10% per annum on the remaining balance until paid in full. Xxxxxx covenants and agrees to accept the aforementioned cash payments, common stock and warrants to purchase common stock of WGHI in full and final settlement and satisfaction of any and all claims, demands, rights, entitlements or causes of action with regard to the aforementioned Investment and all prior agreements as set forth above.
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Consideration to Xxxxxx. In consideration of Vowell's time and effort to develop the business of the Corporation, ARDCO shall issue 500,000 shares of Series E Convertible Preferred Stock to Xxxxxx, or his designee. Twenty Five Thousand Four Hundred (25,400) shares of the Series E Convertible Preferred Stock shall be immediately convertible into 25,400 shares of Restricted Common Stock of ARDCO. The balance of the Preferred Shares shall be convertible into ARDCO Common Stock after June 30, 1999 and upon completion of the March 31st, 1999 Audited Financial Statements of the Corporation. The Preferred Stock shall have those preferences, designations and rights as set forth on Exhibit "B" attached hereto and incorporated herein.
Consideration to Xxxxxx. In exchange for Xxxxxx agreeing to the issuance of the GCA Stock, the GCA Warrant, the GCFG Stock and the GCFG Warrant, and to the amended rights and preferences of the Series A Preferred Stock as set forth in the Certificate of Designation, the Company will issue Xxxxxx a warrant to purchase 40,000,000 shares of the Company’s common stock as set forth in the warrant attached hereto as Exhibit I (the “Xxxxxx Warrant”).
Consideration to Xxxxxx. As consideration for this Agreement, Xxxxxx shall receive the following: 2.1. Vape shall enter into the Convertible Promissory Note attached hereto as Exhibit B (the “Xxxxxx Note”) in the principal amount of One Hundred Fifty Thousand Dollars ($150,000.00) with a term of one (1) year from the date of execution by Vape. There shall be no interest on the Xxxxxx Note and the principal amount of the Xxxxxx Note shall be convertible, at the option of Xxxxxx, into common stock of Vape at $.001 per share. Vape will also use its best efforts to establish, within one hundred twenty (120) days of the Effective Date, a share reserve with Vape’s Transfer Agent in an amount equal to or greater than the number of shares issuable upon conversion of the Convertible Promissory Note referenced herein (the “Share Reserve”). The Parties hereto acknowledge that Vape does not currently have the authorized shares necessary to establish the Share Reserve. 2.2. As to Xxxxxx Obligations that are reflected on the Vape books and records as Vape debts that Xxxxxx personally guaranteed during the time he was a Vape officer and/or director, Vape agrees that until paid in full, Vape will pay a minimum of Seven Thousand Dollars ($7,000.00) per month toward the Xxxxxx Obligations. 2.3. Vape will indemnify and hold Xxxxxx harmless from any liabilities and claims related to the HIVE Assets, HIVE products and this Settlement Agreement.
Consideration to Xxxxxx. The Company, subject to the terms and conditions set forth herein, agrees: 2.1 The Company shall issue to Xxxxxx Seven Thousand Five Hundred (7,500) shares of the Company’s $0.001 par value Series A Convertible Preferred Stock which, when delivered, will fully extinguish any and all debt of the Company to Xxxxxx thru the date hereof (the “Settlement Shares”) on the terms and conditions set forth herein.

Related to Consideration to Xxxxxx

  • Xxxxxxxx-Xxxxx Certification Each Form 10-K with respect to the Trust shall include a Xxxxxxxx-Xxxxx Certification in the form attached to this Agreement as Exhibit X required to be included therewith pursuant to the Xxxxxxxx-Xxxxx Act. The Certificate Administrator, the Master Servicer, the Special Servicer, the Operating Advisor, the Asset Representations Reviewer (in the case of the Asset Representations Reviewer, solely with respect to reporting periods in which the Asset Representations Reviewer is required to deliver an Asset Review Report Summary), the Custodian and the Trustee shall provide (and (i) with respect to any Servicing Function Participant of such party that is a Mortgage Loan Seller Sub-Servicer, shall use commercially reasonable efforts to cause such Servicing Function Participant to provide, and (ii) with respect to any other Servicing Function Participant of such party (other than any party to this Agreement), shall cause such Servicing Function Participant to provide) to the Person who signs the Xxxxxxxx-Xxxxx Certification for the Trust or any Other Securitization Trust (the “Certifying Person”) no later than March 1 in the year immediately following the year as to which such Form 10-K relates or, if March 1 is not a Business Day, on the immediately following Business Day, a certification in the form attached to this Agreement as Exhibit Y-1, Exhibit Y-2, Exhibit Y-3, Exhibit Y-4, Exhibit Y-5, Exhibit Y-6, Exhibit Y-7 and Exhibit Y-8, as applicable, on which the Certifying Person, the entity for which the Certifying Person acts as an officer, and such entity’s officers, directors and Affiliates (collectively with the Certifying Person, “Certification Parties”) can reasonably rely. With respect to each Outside Serviced Mortgage Loan serviced under an Outside Servicing Agreement, the Certificate Administrator shall use commercially reasonable efforts to procure, and upon receipt deliver to the Certifying Person, a Xxxxxxxx-Xxxxx back-up certification similar in form and substance to the certifications referenced in the preceding sentence, from the related Outside Servicer, the related Outside Special Servicer, the related Outside Paying Agent and the related Outside Trustee. In the event any Reporting Servicer is terminated or resigns pursuant to the terms of this Agreement, or any applicable Sub-Servicing Agreement or primary servicing agreement, as the case may be, such Reporting Servicer shall provide a certification to the Certifying Person pursuant to this Section 10.06 with respect to the period of time it was subject to this Agreement or the applicable sub-servicing or primary servicing agreement, as the case may be.

  • Sxxxxxxx-Xxxxx Certification Each Form 10-K with respect to the Trust shall include a Sxxxxxxx-Xxxxx Certification in the form attached to this Agreement as Exhibit X required to be included therewith pursuant to the Sxxxxxxx-Xxxxx Act. The Certificate Administrator, the Master Servicer, the Special Servicer, the Operating Advisor, the Asset Representations Reviewer (in the case of the Asset Representations Reviewer, solely with respect to reporting periods in which the Asset Representations Reviewer is required to deliver an Asset Review Report Summary), the Custodian and the Trustee shall provide (and (i) with respect to any Servicing Function Participant of such party that is a Mortgage Loan Seller Sub-Servicer, shall use commercially reasonable efforts to cause such Servicing Function Participant to provide, and (ii) with respect to any other Servicing Function Participant of such party (other than any party to this Agreement), shall cause such Servicing Function Participant to provide) to the Person who signs the Sxxxxxxx-Xxxxx Certification for the Trust or any Other Securitization Trust (the “Certifying Person”) no later than March 1 in the year immediately following the year as to which such Form 10-K relates or, if March 1 is not a Business Day, on the immediately following Business Day, a certification in the form attached to this Agreement as Exhibit Y-1, Exhibit Y-2, Exhibit Y-3, Exhibit Y-4, Exhibit Y-5, Exhibit Y-6, Exhibit Y-7 and Exhibit Y-8, as applicable, on which the Certifying Person, the entity for which the Certifying Person acts as an officer, and such entity’s officers, directors and Affiliates (collectively with the Certifying Person, “Certification Parties”) can reasonably rely. With respect to each Outside Serviced Mortgage Loan serviced under an Outside Servicing Agreement, the Certificate Administrator shall use commercially reasonable efforts to procure, and upon receipt deliver to the Certifying Person, a Sxxxxxxx-Xxxxx back-up certification similar in form and substance to the certifications referenced in the preceding sentence, from the related Outside Servicer, the related Outside Special Servicer, the related Outside Paying Agent and the related Outside Trustee. In the event any Reporting Servicer is terminated or resigns pursuant to the terms of this Agreement, or any applicable Sub-Servicing Agreement or primary servicing agreement, as the case may be, such Reporting Servicer shall provide a certification to the Certifying Person pursuant to this Section 10.06 with respect to the period of time it was subject to this Agreement or the applicable sub-servicing or primary servicing agreement, as the case may be.

  • Notification to Union The Hospital will provide the union with a list, monthly of all hirings, lay-offs, recalls and terminations within the bargaining unit where such information is available or becomes readily available through the Hospital's payroll system."

  • Notification to the Union The Employer will notify the JHSC and union in writing of all incidents related to violence within 4 days. For critical injuries the Employer will notify the JHSC and the union immediately and in writing within 48 hours. Such notices will contain all of the information as prescribed in section 5 of the health care regulation.

  • Xxxxxx Xxxxxx Purchase Order and Sales Contact Email 2 Purchase Order and Sales Contact Phone 2 3 Company Website 4 Entity D/B/A's and Assumed Names 5 Primary Address 2 6 Primary Address City 7 Primary Address State 2 8 Primary Address Zip 9 Search Words Identifying Vendor Certification of Vendor Residency (Required by the State of Texas)

  • Xxxxxxx Xxxxx Purchase Order and Sales Contact Email 2 Purchase Order and Sales Contact Phone 2 3 Company Website 4 Entity D/B/A's and Assumed Names 5 Primary Address 2 6 Primary Address City 7 Primary Address State 2 8 Primary Address Zip 9 Search Words Identifying Vendor Certification of Vendor Residency (Required by the State of Texas)

  • Xxxxx Xxxxxxx Purchase Order and Sales Contact Email 2 2 Purchase Order and Sales Contact Phone 2 3 Company Website 4 Entity D/B/A's and Assumed Names 5 Primary Address 2 Primary Address City 7 Primary Address State 2 8 Primary Address Zip 9 Search Words Identifying Vendor Certification of Vendor Residency (Required by the State of Texas)

  • Sxxxxxxx-Xxxxx The Company is, or on the Closing Date will be, in material compliance with the provisions of the Sxxxxxxx-Xxxxx Act of 2002, as amended, and the rules and regulations promulgated thereunder and related or similar rules or regulations promulgated by any governmental or self-regulatory entity or agency, that are applicable to it as of the date hereof.

  • Xxxxx Xxxxxx Purchase Order and Sales Contact Email 2 Purchase Order and Sales Contact Phone 2 3 Company Website 4 Entity D/B/A's and Assumed Names 5 Primary Address 2 Primary Address City 7 Primary Address State 2 8 Primary Address Zip 9 Search Words Identifying Vendor Certification of Vendor Residency (Required by the State of Texas)

  • Xxxxxx Xxxxx Purchase Order and Sales Contact Email 2 2 Purchase Order and Sales Contact Phone 2 3 Company Website 4 Entity D/B/A's and Assumed Names 5 Primary Address 2 Primary Address City 7 Primary Address State 2 8 Primary Address Zip 9 Search Words Identifying Vendor Certification of Vendor Residency (Required by the State of Texas)

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