Agrify Debt Purchase Binding Term Sheet - CONFIDENTIALDebt Purchase Agreement • April 22nd, 2024 • Nature's Miracle Holding Inc. • Blank checks • New York
Contract Type FiledApril 22nd, 2024 Company Industry JurisdictionThis binding term sheet (this “Term Sheet”), dated as of April 17, 2024 (the “Effective Date”), is a binding and enforceable agreement among the parties hereto whereby Nature’s Miracle Holding Inc., a Delaware corporation (the “Purchaser” or “NMHI”), or any of its affiliates, shall purchase or otherwise acquire the Notes (as defined below) on the terms and conditions set forth herein, subject to (i) the completion of due diligence, applicable board and shareholder approvals, required third-party approvals, the Closing (as defined below) or any other of the conditions precedent and (ii) the execution and delivery of definitive transaction documentation (the “Definitive Documentation”).