Common Contracts
1 similar Loan Agreement contracts
LOAN AGREEMENTLoan Agreement • March 25th, 2021 • Oslo
Company (Borrower) Miris AS (company no. 985 277 915) Lender The token holder Purpose of the Loan The development of real estate projects Loan Amount: Equal to the token holders balance of respective tokens representing this loan. Currency: - [FIAT (USD, EURO, NOK)] - [Crypto-currency (ETH, BTC] Issue Date: 15 June 2019 Due Date: The earlier of:- Maturity Date, or- Conversion Date, or- Voluntary Redemption. Maturity Date 15 August 2022 Conversion A preferential right to exchange the Loan (represented by the Loan Tokens) into shares in a Project Company (represented by Share Tokens). The Lender is granted a preferential right to execute the Conversion in an early stage of the Project Company, during the Conversion Period, and before any new Investors. The Conversion Price is equal to the fair value of shares in the Project Company, as determined by Miris and documented in the Miris X platform. Interest Rate: 7 % per annum, accruing from the Issue Date until the Due Dat
