Terms of the Exchange. The Exchange shall be consummated on the ------------------------ following terms and conditions:
Terms of the Exchange. The Company and the Holder agree that the Holder will exchange the Exchange Securities held by the Holder and will relinquish any and all other rights it may have under the Exchange Securities in exchange for the Series D.
Terms of the Exchange. The Company and Holder agree that the Holder will exchange the Exchange Securities and will relinquish any and all other rights he may have under the Exchange Securities in exchange for such number of shares of Preferred Stock (the “Preferred Shares”, and such Preferred Shares as converted into Common Stock, the “Conversion Shares”, and together with the Preferred Shares, the “Securities”) as set forth on Schedule A, annexed hereto.
Terms of the Exchange. The Company and Holder agree that the Holder will exchange the Debt and will relinquish any and all other rights he may have under the Note in exchange for Preferred Shares worth of the Settlement Amount, whereby each Preferred Share shall be convertible, at the option of the Holder into USD 10,000 (United States Dollars ten thousand) worth shares of fully paid and non-assessable Common Shares in the manner provided for in the Certificate of Designations (the Preferred Shares as converted into Common Shares, the “Conversion Shares”, and together the Conversion Shares with the Preferred Shares, the “Securities”) as set forth on Schedule B, annexed hereto.
Terms of the Exchange. The Company and the Holder agree that the Holder will exchange the Note, and will relinquish any and all rights the Holder may have under the Note and the Transaction Documents in exchange for 10,504 shares of the Series A Preferred Stock (the “Exchange Shares” and collectively with the Conversion Shares and the Additional Shares (as defined below), the “Securities”).
Terms of the Exchange. On the basis of the representations, warranties, covenants, and agreements contained in this Agreement and subject to the terms and conditions of this Agreement:
Terms of the Exchange. Pursuant to the terms hereof, the Undersigned hereby agrees to cause the Holders to exchange and deliver an aggregate principal amount of Old Notes, and in exchange therefor, the Company shall issue to the Holders an aggregate principal amount of New Notes, in each case, as set forth on Exhibit A hereto. The closing for the exchange (the “Closing”) shall occur substantially concurrently with and subject to the closing of the Company’s offering of the New Notes and on a date (the “Closing Date”) no later than two Trading Days after the date of this Agreement. At the Closing, (a) the Undersigned shall cause each Holder to deliver to the Company all right, title and interest in and to such Holder’s Old Notes, as set forth on Exhibit A hereto (and no other consideration), free and clear of any mortgage, lien (statutory or otherwise), pledge, charge, security interest, encumbrance, title retention agreement or other title retention device, conditional sale or security arrangement, collateral assignment, option, right of first refusal, equity or other adverse claim thereto or other similar encumbrance thereon (collectively, “Liens”), together with any documents of conveyance or transfer that the Company may deem necessary or desirable to assign, transfer to and confirm in the Company all right, title and interest in and to such Old Notes free and clear of any Liens, (b) the Company shall deliver or cause to be delivered to each Holder, subject to the terms and conditions of this Agreement, New Notes having an aggregate principal amount set forth on Exhibit A, and the Company hereby agrees to issue such New Notes to the Investor in exchange for such Old Notes and (c) the Company shall deliver or cause to be delivered, to each Holder of Old Notes, any accrued and unpaid interest on such Old Notes through the Closing Date. For the avoidance of doubt, in the event of any delay in the Closing pursuant to the immediately preceding paragraph, the Holders shall not be required to deliver the Old Notes until the Closing occurs. Simultaneously with or after the Closing, the Company may, in its sole discretion, issue the New Notes to one or more other holders of outstanding Old Notes or to other investors. The delivery of the New Notes and the issuance thereof shall be effected via DWAC (or other book-entry procedures) pursuant to the instructions to be provided by the Company (in the case of the Old Notes) and by the Holder (in the case of the New Notes) after the executi...
Terms of the Exchange. On the Closing Date, or such date as stated below:
Terms of the Exchange. The two Parties agree to enter into a faculty exchange agreement, commencing in the year 20__. Faculty exchanges will be arranged at the host institution for periods of time acceptable to both Parties. The number of participants will be agreed by the two Institutions. It is expected that in any given year there will be an equal number of faculty exchanged from each Institution. Notwithstanding article above, while equal numbers in every year may not be possible, efforts will be made to have equal numbers exchanged over the life of this agreement. The candidates will be faculty of those areas who have expressed an interest in exchanging positions for purposes of professional development and must have the approval of the relevant Department, College or Faculty and Campus authorities at both Institutions. Faculty exchanges may refer to the simultaneous exchange of positions, the conduct of joint projects in education, research, organization of conferences and seminars along with any other program judged to be of mutual interest for their institutions. To xxxxxx this mobility, both institutions can collaborate in Interlibrary loan of academic publications and information among all their Libraries. In faculty exchanges, each faculty member will keep his or her home salary and fringe benefits, and will simply be assigned to the counterpart institution Travel and living expenses abroad will be borne by academic staff participating in the program. However, both institutions will endeavor to seek funding to support this mobility. Regarding UAM, if funds are available, the criteria and conditions for financial support shall be established in a specific public call. Both institutions agree to assist visiting faculty insofar as feasible in matters research facilities, housing search, immigration details, etc. However, the individual faculty remains responsible for housing arrangements and immigration details. Both institutions shall have no responsibility related to these procedures, nor provide any legal assistance related thereto. Neither institution will be required, or expected, to provide additional funds to compensate the faculty member(s) involved in the exchange for any differences in salaries and/or expenses. Neither institution shall be required, or expected, to provide funds to hire replacement faculty, or to otherwise provide coverage for any duties for which its faculty member is responsible, and for which the exchange faculty member is not qualified, or ...
Terms of the Exchange. The Company and Holder agree that the Holder will exchange the Old Note and will relinquish any and all other rights he may have under the Released Agreements in exchange for such amount of New Note as governed by the New 7.25% Agreements.