Partition. Effective as of the date hereof, Borrower and Lender agree that the Partitioned Note is hereby partitioned from the Original Note. Following such partition of the Original Note, Borrower and Lender agree that the Original Note shall remain in full force and effect, provided that the outstanding balance of the Original Note shall be reduced by an amount equal to the Exchange Amount.
Appears in 41 contracts
Samples: Exchange Agreement (Orbital Energy Group, Inc.), Exchange Agreement (Future FinTech Group Inc.), Exchange Agreement (Future FinTech Group Inc.)
Partition. Effective as of the date hereof, Borrower and Lender agree that the Partitioned Note is hereby partitioned from the Original Note. Following such partition of the Original Note, Borrower and Lender agree that the Original Note shall remain in full force and effect, provided that the outstanding balance of the Original Note shall be reduced by an amount equal to the Exchange Amountinitial outstanding balance of the Partitioned Note.
Appears in 15 contracts
Samples: Exchange Agreement (CBAK Energy Technology, Inc.), Exchange Agreement (CBAK Energy Technology, Inc.), Exchange Agreement (CBAK Energy Technology, Inc.)
Partition. Effective as of the date hereof, Borrower and Lender agree that the Partitioned Note is hereby partitioned from the Original Exchange Note. Following such partition of the Original Exchange Note, Borrower and Lender agree that the Original Exchange Note shall remain in full force and effect, provided that the outstanding balance of the Original Exchange Note shall be reduced by an amount equal to the Exchange Amountinitial outstanding balance of the Partitioned Note.
Appears in 11 contracts
Samples: Exchange Agreement (China Recycling Energy Corp), Exchange Agreement (China Recycling Energy Corp), Exchange Agreement (China Recycling Energy Corp)
Partition. Effective as of the date hereof, Borrower Xxxxxxxx and Lender Xxxxxx agree that the Partitioned Note is hereby partitioned from the Original Note. Following such partition of the Original Note, Borrower and Lender Xxxxxx agree that the Original Note shall remain in full force and effect, provided that the outstanding balance of the Original Note shall be reduced by an amount equal to the Exchange Amountinitial outstanding balance of the Partitioned Note.
Appears in 8 contracts
Samples: Exchange Agreement (Smart Powerr Corp.), Exchange Agreement (Smart Powerr Corp.), Exchange Agreement (Smart Powerr Corp.)
Partition. Effective as of the date hereof, Borrower Xxxxxxxx and Lender Xxxxxx agree that the Partitioned Note is hereby partitioned from the Original Note. Following such partition of the Original Note, Borrower and Lender Xxxxxx agree that the Original Note shall remain in full force and effect, provided that the outstanding balance of the Original Note shall be reduced by an amount equal to the Exchange Amount.
Appears in 6 contracts
Samples: Exchange Agreement (Intrusion Inc), Exchange Agreement (SinglePoint Inc.), Exchange Agreement (Intrusion Inc)
Partition. Effective as of the date hereof, Borrower and Lender agree that the Partitioned Note is hereby partitioned from the Original Note. Following such partition of the t he Original Note, Borrower and Lender agree that the Original Note shall remain in full force and effect, provided that the outstanding balance of the Original Note shall be reduced by an amount equal to the Exchange Amountinitial outstanding balance of the Partitioned Note.
Appears in 2 contracts
Samples: Exchange Agreement (China Recycling Energy Corp), Exchange Agreement (China Recycling Energy Corp)
Partition. Effective as of the date hereof, Borrower and Lender agree that the Partitioned Note is hereby partitioned from the Original Note. Following such partition of the Original Note, Borrower and Lender agree that the Original Note shall remain be deemed paid in full force full, shall automatically be deemed canceled, and effect, provided that the outstanding balance of the Original Note shall not be reduced by an amount equal to the Exchange Amountreissued.
Appears in 1 contract
Samples: Exchange Agreement (Inpixon)
Partition. Effective as of the date hereof, Borrower and Lender agree that the Partitioned Note is hereby partitioned from the Original Note. Following such partition of the Original Note, Borrower and Lender agree that the Original Note shall remain in full force and effect, provided that the outstanding balance of the Original Note shall be reduced by an amount equal to the Exchange Amountdeemed paid in full, shall automatically be deemed canceled, and shall not be reissued.
Appears in 1 contract
Samples: Exchange Agreement (Inpixon)
Partition. Effective as of the date hereof, Borrower and Lender agree that the Partitioned Note is hereby partitioned from the Original Note. Following such partition of the Original Note, Borrower and Lender agree that the Original Note shall remain in full force and effect, provided except that the outstanding balance of the Original Note shall be reduced by an amount equal to the Exchange Partitioned Amount.
Appears in 1 contract
Samples: Exchange Agreement (CytoDyn Inc.)
Partition. Effective as of the date hereof, Borrower Bxxxxxxx and Lender Lxxxxx agree that the Partitioned Note is hereby partitioned from the Original Note. Following such partition of the Original Note, Borrower and Lender Lxxxxx agree that the Original Note shall remain in full force and effect, provided that the outstanding balance of the Original Note shall be reduced by an amount equal to the Exchange Amount.
Appears in 1 contract
