Debt Discount definition
Debt Discount means debt discount with respect to Subordinated Indebtedness permitted by the provisions hereof.
Examples of Debt Discount in a sentence
The following table summarizes the charges to interest and amortization for the period from inception (November 30, 2011) through May 31, 2012 totaled: Factor Fees $ 25,471 Other Interest Charges 3,310 Interest Expense on Convertible Promissory Note 686 Interest Expense on Related Party Convertible Promissory Notes 2,957 Accretion of Debt Discount 4,884 Total $ 37,308 The Company is authorized to issue 20,000,000 shares, in aggregate, consisting of 20,000,000 shares of common stock, $0.001 par value.
Current and Accrued Assets (174) 32 Total Current and Accrued Assets $ 215,924 $ (12,955) $ 202,969 DEFERRED DEBITS 32 Unamortized Debt Discount & Expense (181) 24,976 8,123 33,099 33 Extraordinary Property Losses (182) 34 Prelim.