Common Contracts
2 similar Secured Amended & Restated Convertible Debenture contracts by GTX Corp, Pervasip Corp
GTX CORP. Secured Amended & Restated Convertible DebentureSecured Amended & Restated Convertible Debenture • September 25th, 2013 • GTX Corp • Radio & tv broadcasting & communications equipment • New Jersey
FOR VALUE RECEIVED, GTX CORP. (hereinafter called the “Obligor” or the “Company”), hereby promises to pay to 112359 FACTOR FUND, LLC (the “Holder”) or its successors and assigns the amount identified as the balance due for each of the three (3) obligations listed below (each, an “Obligation”) in the form of cash or Obligor common stock on the terms and conditions hereof on or before the third (3rd) anniversary (each, a “Maturity Date”) of each stated purchase price payment (each, a “Tranche”) date (each, a “Tranche Payment Date”) according to the following schedule:
PERVASIP CORP. Secured Amended & Restated Convertible DebentureSecured Amended & Restated Convertible Debenture • March 6th, 2013 • Pervasip Corp • Telephone communications (no radiotelephone) • New Jersey
FOR VALUE RECEIVED, PERVASIP CORP. (hereinafter called the “Obligor” or the “Company”), hereby promises to pay to 112359 FACTOR FUND, LLC (the “Holder”) or its successors and assigns the principal sum of ONE MILLION DOLLARS ($1,000,000) in Obligor in cash or common stock on the terms and conditions hereof on or before December 31, 2014 (the “Maturity Date”).
