Share Acquisition Loan Sample Contracts

CRL Team 12, Inc. / The Crown League, LLC SHARE ACQUISITION LOAN
Share Acquisition Loan • March 13th, 2019 • CRL Team 12, Inc. • Services-amusement & recreation services • Utah

In exchange for 416,600 Class A Units (the “Class A Units”) of The Crown League, LLC, a Delaware limited liability company (the “Holder”), the CRL Team 12, Inc., a Delaware corporation, (“Debtor”), promises to pay to Holder the principal sum of $2,500,000.00, plus all interest that accrues hereon (the “Note”). This Note is being entered into simultaneously with a Commitment for Future Advances between Debtor and Holder pursuant to which Debtor has agreed to advance Holder $3,200,000 on or before December 31, 2020 (the “Commitment for Future Advances”).

AutoNDA by SimpleDocs
Seattle Emerald Haze, Inc. / The Crown League, LLC SHARE ACQUISITION LOAN
Share Acquisition Loan • April 22nd, 2019 • Seattle Emerald Haze, Inc. • Services-amusement & recreation services • Utah

In exchange for 416,600 Class A Units (the “Class A Units”) of The Crown League, LLC, a Delaware limited liability company (the “Holder”), the Seattle Emerald Haze, Inc., a Delaware corporation, (“Debtor”), promises to pay to Holder the principal sum of $125, 000.00, plus all interest that accrues hereon (the “Note”).

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!