Debt Replacement Agreement Sample Contracts

DEBT REPLACEMENTAGREEMENT
Debt 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”):

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FX/LL DEBT REPLACEMENT AGREEMENT BETWEEN MOF AND BDL
Debt Replacement Agreement • May 30th, 2018

On 17 May 2018, the Lebanese Ministry of Finance (MoF) concluded a debt replacement agreement with the Central Bank of Lebanon (BDL), whereby MoF issued to BDL a nominal amount of US$ 5.5 billion in dollar denominated Eurobonds with a market value of $5.4 billion while BDL redeemed to MoF the equivalent in Lebanese Lira (LL) Treasury bonds from its existing portfolio. Following the transaction, the stock of outstanding government debt was unchanged, while the share of foreign currency debt to total debt increased from 38 percent to 44 percent. The transaction provides BDL with dollar denominated assets that will facilitate its monetary policy operations; and as part of the agreement, BDL will cover the foreign currency principal and debt service needs of MoF for the remainder of the year.

DEBT REPLACEMENTAGREEMENT
Debt Replacement Agreement • June 10th, 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 30th day of April 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”):

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