Common use of Initial Exchange Clause in Contracts

Initial Exchange. As of the date hereof (the “Initial Exchange Date”), the Creditor shall be deemed to have delivered an Exchange Notice to effect an Exchange with respect to the First Tranche Debt Amount.

Appears in 2 contracts

Samples: Master Exchange Agreement (DPW Holdings, Inc.), Master Exchange Agreement (Lm Funding America, Inc.)

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Initial Exchange. As of the date hereof (the “Initial Exchange Date”), the Creditor shall be deemed to have delivered an Exchange Notice one (1) day prior to the Initial Exchange Date to effect an Exchange with respect to the First initial Exchange Amount for the first Tranche Debt Amountand such initial Exchange Price as set forth on the signature page of the Creditor.

Appears in 1 contract

Samples: Master Exchange Agreement (Net Element, Inc.)

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Initial Exchange. As of the date hereof (the “Initial Exchange Date”), the Creditor shall be deemed to have delivered an Exchange Notice to effect an Exchange with respect to an Existing Debt Amount of $2,500,000 and the First Tranche Debt AmountInterest Amount with respect thereto.

Appears in 1 contract

Samples: Master Exchange Agreement (Uranium Resources Inc /De/)

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