Common use of Conversion Costs Clause in Contracts

Conversion Costs. The Company agrees to reimburse Lender’s certificate processing cost by adding $1,500 to the principal for each note conversion effected by Lxxxxx.

Appears in 4 contracts

Samples: Loan Agreement (Deep Medicine Acquisition Corp.), Loan Agreement (Deep Medicine Acquisition Corp.), Loan Agreement (Deep Medicine Acquisition Corp.)

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Conversion Costs. The Company agrees to reimburse Lender’s certificate processing cost by adding $1,500 to the principal for each note conversion effected by LxxxxxLender.

Appears in 3 contracts

Samples: Loan Agreement (Jupiter Wellness, Inc.), Loan Agreement (Edison Nation, Inc.), Loan Agreement (Appyea, Inc)

Conversion Costs. The Company agrees to reimburse Lender’s certificate processing cost by adding $1,500 to the principal for each note conversion of at least $150,000 effected by LxxxxxLender. There shall be no reimbursement for conversions under $150,000.

Appears in 1 contract

Samples: Loan Agreement (Jupiter Wellness, Inc.)

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Conversion Costs. The Company agrees to reimburse Lender’s certificate processing cost by adding $1,500 to the principal for each note conversion effected by LxxxxxLxxxxx provided that each such conversion is for no less than $50,000.

Appears in 1 contract

Samples: Loan Agreement (Scripps Safe, Inc.)

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