Common use of Debenture Redemption Clause in Contracts

Debenture Redemption. 1.1. The Company agrees to redeem from Holder, and Holder agrees to sell back to the Company, the Debenture for an aggregate payment of Seventy-Six Thousand Dollars ($76,000.00) (the “Redemption Price”). In addition to the payment of the Redemption Price, the Company shall pay at the Closing (as defined below) all accrued but unpaid interest on the Debenture as of the date of Closing.

Appears in 1 contract

Samples: Debenture Redemption Agreement (Iteris, Inc.)

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Debenture Redemption. 1.1. The Company agrees to redeem from Holder, and Holder agrees to sell back to the Company, the Debenture for an aggregate payment of Seventy-Six Thousand Dollars ($76,000.00) 126,285.35 (the “Aggregate Redemption Price”). In addition to the payment of the Aggregate Redemption Price, the Company shall pay at the Closing (as defined below) all accrued but unpaid interest on the Debenture as of the date of Closing.

Appears in 1 contract

Samples: Debenture Redemption Agreement (Iteris, Inc.)

Debenture Redemption. 1.1. The Company agrees to redeem from Holder, and Holder agrees to sell back to the Company, the Debenture for an aggregate a payment of Seventy-Six Thousand Dollars ($76,000.00$ ) (the “Redemption Price”). In addition to the payment of the Redemption Price, the Company shall pay at the Closing (as defined below) all accrued but unpaid interest on the Debenture as of the date of Closing.

Appears in 1 contract

Samples: Debenture Redemption Agreement (Iteris, Inc.)

Debenture Redemption. 1.1. The Company agrees to redeem from Holder, and Holder agrees to sell back to the Company, the Debenture for an aggregate payment of Seventy-Six Thousand Dollars ($76,000.00) 553,714.65 (the “Aggregate Redemption Price”). In addition to the payment of the Aggregate Redemption Price, the Company shall pay at the Closing (as defined below) all accrued but unpaid interest on the Debenture as of the date of Closing.

Appears in 1 contract

Samples: Debenture Redemption Agreement (Iteris, Inc.)

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Debenture Redemption. 1.1. The Company agrees to redeem from Holder, and Holder agrees to sell back to the Company, the Debenture for an aggregate payment of Seventy-Six Thousand Dollars ($76,000.00) 170,000 (the “Aggregate Redemption Price”). In addition to the payment of the Aggregate Redemption Price, the Company shall pay at the Closing (as defined below) all accrued but unpaid interest on the Debenture as of the date of Closing.

Appears in 1 contract

Samples: Debenture Redemption Agreement (Iteris, Inc.)

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