Common use of CONVERSION OF DEBT Clause in Contracts

CONVERSION OF DEBT. A. Claimant and Golden West affirm and agree that as of the date of this Agreement, Golden West is indebted to Claimant for $150,000 plus accrued interest under the Credit Facility.

CONVERSION OF DEBT. A. Claimant and Golden West affirm and agree that as of the date of this Agreement, Golden West is indebted to Claimant for $150,000 30,000 plus accrued interest under the Credit Facility.

CONVERSION OF DEBT. A. Claimant and Golden West affirm and agree that as of the date of this Agreement, Golden West is indebted to Claimant for $150,000 25,000 plus accrued interest under the Credit Facility.

CONVERSION OF DEBT. A. Claimant and Golden West affirm and agree that as of the date of this Agreement, Golden West is indebted to Claimant for in the principal amount of $150,000 38,000 plus accrued interest under the Credit Facility.

CONVERSION OF DEBT. A. Claimant and Golden West affirm and agree that as of the date of this Agreement, Golden West is indebted to Claimant for $150,000 100,000 plus accrued interest under the Credit Facility.

CONVERSION OF DEBT. A. Claimant and Golden West affirm and agree that as of the date of this Agreement, Golden West West, through its wholly-owned Washington subsidiary, is indebted to Claimant for $150,000 183,250 plus accrued interest under the Credit Facilityinterest.