Common use of Equity for Debt Exchange Clause in Contracts

Equity for Debt Exchange. Creditor hereby agrees to accept, and the Company hereby agrees to issue and deliver to Creditor, a total of 7,199 shares of the Company's common stock (the "Shares") in full payment of the Debt, it being understood that the Shares will be issued and delivered to Creditor at the address below within one hundred eighty (180) days of the date of this Agreement and upon delivery of the Shares the Company shall have paid the Debt in full and shall have no other obligations or liability whatsoever with respect to the Debt.

Appears in 1 contract

Samples: Debt Exchange Agreement (Henry County Plywood Corp)

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Equity for Debt Exchange. Creditor hereby agrees to accept, and the Company hereby agrees to issue and deliver to Creditor, a total of 7,199 ____ shares of the Company's common stock (the "Shares") in full payment of the Debt, it being understood that the Shares will be issued and delivered to Creditor at the address below within one hundred eighty (180) days of the date of this Agreement and upon delivery of the Shares the Company shall have paid the Debt in full and shall have no other obligations or liability whatsoever with respect to the Debt.

Appears in 1 contract

Samples: Debt Exchange Agreement (Henry County Plywood Corp)

Equity for Debt Exchange. Creditor hereby agrees to accept, and the Company hereby agrees to issue and deliver to Creditor, a total of 7,199 3,103 shares of the Company's common stock (the "Shares") in full payment of the Debt, it being understood that the Shares will be issued and delivered to Creditor at the address below within one hundred eighty (180) days of the date of this Agreement and upon delivery of the Shares the Company shall have paid the Debt in full and shall have no other obligations or liability whatsoever with respect to the Debt.

Appears in 1 contract

Samples: Debt Exchange Agreement (Henry County Plywood Corp)

Equity for Debt Exchange. Creditor hereby agrees to accept, and the Company hereby agrees to issue and deliver to Creditor, a total of 7,199 3,000 shares of the Company's common stock (the "Shares") in full payment of the Debt, it being understood that the Shares will be issued and delivered to Creditor at the address below within one hundred eighty (180) days of the date of this Agreement and upon delivery of the Shares the Company shall have paid the Debt in full and shall have no other obligations or liability whatsoever with respect to the Debt.

Appears in 1 contract

Samples: Debt Exchange Agreement (Henry County Plywood Corp)

Equity for Debt Exchange. Creditor hereby agrees to accept, and the Company hereby agrees to issue and deliver to Creditor, a total of 7,199 13,721 shares of the Company's common stock (the "Shares") in full payment of the Debt, it being understood that the Shares will be issued and delivered to Creditor at the address below within one hundred eighty (180) days of the date of this Agreement and upon delivery of the Shares the Company shall have paid the Debt in full and shall have no other obligations or liability whatsoever with respect to the Debt.

Appears in 1 contract

Samples: Debt Exchange Agreement (Henry County Plywood Corp)

Equity for Debt Exchange. Creditor hereby agrees to accept, and the Company hereby agrees to issue and deliver to Creditor, a total of 7,199 21,924 shares of the Company's common stock (the "Shares") in full payment of the Debt, it being understood that the Shares will be issued and delivered to Creditor at the address below within one hundred eighty (180) days of the date of this Agreement and upon delivery of the Shares the Company shall have paid the Debt in full and shall have no other obligations or liability whatsoever with respect to the Debt.

Appears in 1 contract

Samples: Debt Exchange Agreement (Henry County Plywood Corp)

Equity for Debt Exchange. Creditor hereby agrees to accept, and the Company hereby agrees to issue and deliver to Creditor, a total of 7,199 5080 shares of the Company's common stock (the "Shares") in full payment of the Debt, it being understood that the Shares will be issued and delivered to Creditor at the address below within one hundred eighty (180) days of the date of this Agreement and upon delivery of the Shares the Company shall have paid the Debt in full and shall have no other obligations or liability whatsoever with respect to the Debt.

Appears in 1 contract

Samples: Debt Exchange Agreement (Henry County Plywood Corp)

Equity for Debt Exchange. Creditor hereby agrees to accept, and the Company hereby agrees to issue and deliver to Creditor, a total of 7,199 133,739 shares of the Company's common stock (the "Shares") in full payment of the Debt, it being understood that the Shares will be issued and delivered to Creditor at the address below within one hundred eighty ninety (18090) days of the date of this Agreement and upon delivery of the Shares the Company shall have paid the Debt in full and shall have no other obligations or liability whatsoever with respect to the Debt.

Appears in 1 contract

Samples: Debt Exchange Agreement (Henry County Plywood Corp)

Equity for Debt Exchange. Creditor hereby agrees to accept, and the Company hereby agrees to issue and deliver to Creditor, a total of 7,199 3,433 shares of the Company's common stock (the "Shares") in full payment of the Debt, it being understood that the Shares will be issued and delivered to Creditor at the address below within one hundred eighty (180) days of the date of this Agreement and upon delivery of the Shares the Company shall have paid the Debt in full and shall have no other obligations or liability whatsoever with respect to the Debt.

Appears in 1 contract

Samples: Debt Exchange Agreement (Henry County Plywood Corp)

Equity for Debt Exchange. Creditor hereby agrees to accept, and the Company hereby agrees to issue and deliver to Creditor, a total of 7,199 15,714 shares of the Company's common stock (the "Shares") in full payment of the Debt, it being understood that the Shares will be issued and delivered to Creditor at the address below within one hundred eighty (180) days of the date of this Agreement and upon delivery of the Shares the Company shall have paid the Debt in full and shall have no other obligations or liability whatsoever with respect to the Debt.

Appears in 1 contract

Samples: Debt Exchange Agreement (Henry County Plywood Corp)

Equity for Debt Exchange. Creditor hereby agrees to accept, and the Company hereby agrees to issue and deliver to Creditor, a total of 7,199 2,074 shares of the Company's common stock (the "Shares") in full payment of the Debt, it being understood that the Shares will be issued and delivered to Creditor at the address below within one hundred eighty ninety (18090) days of the date of this Agreement and upon delivery of the Shares the Company shall have paid the Debt in full and shall have no other obligations or liability whatsoever with respect to the Debt.

Appears in 1 contract

Samples: Debt Exchange Agreement (Henry County Plywood Corp)

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Equity for Debt Exchange. Creditor hereby agrees to accept, and the Company hereby agrees to issue and deliver to Creditor, a total of 7,199 2,636 shares of the Company's common stock (the "Shares") in full payment of the Debt, it being understood that the Shares will be issued and delivered to Creditor at the address below within one hundred eighty (180) days of the date of this Agreement and upon delivery of the Shares the Company shall have paid the Debt in full and shall have no other obligations or liability whatsoever with respect to the Debt.

Appears in 1 contract

Samples: Debt Exchange Agreement (Henry County Plywood Corp)

Equity for Debt Exchange. Creditor hereby agrees to accept, and the Company hereby agrees to issue and deliver to Creditor, a total of 7,199 19,350 shares of the Company's common stock (the "Shares") in full payment of the Debt, it being understood that the Shares will be issued and delivered to Creditor at the address below within one hundred eighty (180) days of the date of this Agreement and upon delivery of the Shares the Company shall have paid the Debt in full and shall have no other obligations or liability whatsoever with respect to the Debt.

Appears in 1 contract

Samples: Debt Exchange Agreement (Henry County Plywood Corp)

Equity for Debt Exchange. Creditor hereby agrees to accept, and the Company hereby agrees to issue and deliver to Creditor, a total of 7,199 5,113 shares of the Company's common stock (the "Shares") in full payment of the Debt, it being understood that the Shares will be issued and delivered to Creditor at the address below within one hundred eighty (180) days of the date of this Agreement and upon delivery of the Shares the Company shall have paid the Debt in full and shall have no other obligations or liability whatsoever with respect to the Debt.

Appears in 1 contract

Samples: Debt Exchange Agreement (Henry County Plywood Corp)

Equity for Debt Exchange. Creditor hereby agrees to accept, and the Company hereby agrees to issue and deliver to Creditor, a total of 7,199 5,343 shares of the Company's common stock (the "Shares") in full payment of the Debt, it being understood that the Shares will be issued and delivered to Creditor at the address below within one hundred eighty (180) days of the date of this Agreement and upon delivery of the Shares the Company shall have paid the Debt in full and shall have no other obligations or liability whatsoever with respect to the Debt.

Appears in 1 contract

Samples: Debt Exchange Agreement (Henry County Plywood Corp)

Equity for Debt Exchange. Creditor hereby agrees to accept, and the Company hereby agrees to issue and deliver to Creditor, a total of 7,199 71,884 shares of the the, Company's common stock (the "Shares") in full payment of the Debt, it being understood that the Shares will be issued and delivered to Creditor at the address below within one hundred eighty (180) days of the date of this Agreement and upon delivery of the Shares the Company shall have paid the Debt in full and shall have no other obligations or liability whatsoever with respect to the Debt.

Appears in 1 contract

Samples: Debt Exchange Agreement (Henry County Plywood Corp)

Equity for Debt Exchange. Creditor hereby agrees to accept, and the Company hereby agrees to issue and deliver to Creditor, a total of 7,199 1,172 shares of the Company's common stock (the "Shares") in full payment of the Debt, it being understood that the Shares will be issued and delivered to Creditor at the address below within one hundred eighty (180) days of the date of this Agreement and upon delivery of the Shares the Company shall have paid the Debt in full and shall have no other obligations or liability whatsoever with respect to the Debt.

Appears in 1 contract

Samples: Debt Exchange Agreement (Henry County Plywood Corp)

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