Standard Contracts
DEBT REPLACEMENTAGREEMENTDebt Replacement Agreement • September 12th, 2022 • PASSUR Aerospace, Inc. • Search, detection, navagation, guidance, aeronautical sys • New York
This Debt Replacement Agreement (this “Agreement”) is made and entered into as of this 31st day of July 2022, by and between G. S. Beckwith Gilbert, of 35 Vista Drive, Greenwich, CT 06830 (“Lender”), and PASSUR Aerospace, Inc. (formerly MEGADATA CORPORATION), a New York corporation, with a principal place of business at 3452 Lake Lynda Drive, Suite 190, Orlando FL, 32817 (“Borrower” or “PASSUR Aerospace”):
