Common Contracts
2 similar Convertible Debenture contracts by Lawler & Associates /Fa/, Westsphere Asset Corp Inc
CONVERTIBLE DEBENTURE WESTSPHERE ASSET CORPORATION PRINCIPAL AMOUNT - ________________in Canadian FundsConvertible Debenture • December 1st, 2000 • Westsphere Asset Corp Inc
Westsphere Asset Corporation (hereinafter referred to as the "Company") a Company duly incorporated under the laws of the State of Colorado and having its registered office at Suite 800, 303 East 17th Avenue, Denver, Colorado, for value received, hereby promises to pay to _________________________ (hereinafter referred to as the Debenture-holder"), the principal sum of ____________________________(CDN) dollars in Canadian Funds interest free subject to the terms outlined as follows. As the Borrower cannot give any assurance that the Common Stock of the Company will trade on the OTC Bulletin Board or any other public market, and if at the end of one year, from the Date of Advancement the Common Stock of the Company is not listed for trading on the OTC Bulletin Board or any other public market, the Borrower shall accrue interest at the rate of seven (7%) percent per annum payable on the last day of each and every month for the remaining term of the Loan on the amount of the Principal Sum
CONVERTIBLE DEBENTURE WESTSPHERE ASSET CORPORATIONConvertible Debenture • November 13th, 2000 • Lawler & Associates /Fa/
Westsphere Asset Corporation (hereinafter referred to as the "Company") a Company duly incorporated under the laws of the State of Colorado and having its registered office at Suite 800, 303 East 17th Avenue, Denver, Colorado, for value received, hereby promises to pay to _________________________ (hereinafter referred to as the Debenture-holder"), the principal sum of ____________________________(CDN) dollars in Canadian Funds interest free subject to the terms outlined as foll OTC Bulletin Board or any other public market, the Borrower shall accrue interest at the rate of seven (7%) percent per annum payable on the last day of each and every month for the remaining term of the Loan on the amount of the Principal Sum remaining.
