Debt Settlement Agreements definition

Debt Settlement Agreements means the agreements dated 23 November 2022 entered into

Debt Settlement Agreements means debt settlement agreements to be entered into between AVC and various arm’s length parties providing that certain debts shall be settled for the issuance of up to 1,653,416 AVC Shares immediately prior to Closing resulting, on Closing, of the issue to such parties of up to 415,338 Interra Shares at an effective issue price equal to the price of Interra Shares issued pursuant to the Financing.

Debt Settlement Agreements means the debt settlement agreements Range has entered into with various holders of debt in the aggregate approximate amount of $25,000,000 whereby such debt will be converted into Post-Conversion Range Shares.

Examples of Debt Settlement Agreements in a sentence

• Debt settlement The Company shall use reasonable endeavours to negotiate and enter into Debt Settlement Agreement(s) with the Secured Creditors to settle their secured debts, which are expected to be executed prior to the implementation of the Scheme.

• In connection with the Equity Transfer Agreements, on 18 April 2018, the Purchaser, the Vendor and the Target Companies entered into the Debt Settlement Agreements, pursuant to which the parties agreed to the terms relating to the settlement arrangements of the liabilities of the Target Companies in relation to the Projects.

• On December 31, 2014, we entered into Debt Settlement Agreements and issued 172,500 shares of our common stock.

• The Board believes that entering into of the Debt Settlement Agreements will reduce the indebtedness level of the Group and resolve the Going Concern Issue, and together with the proposed Open Offer, will strengthen the financial position of the Group.

• Priest ("Priest") and The Munson Family Limited Partnership ("Munson") entered into Debt Settlement Agreements ("Agreements"), to settle two Promissory Notes ("Notes") with a face value of $33,341 and $16,659, respectively.

• The Open Offer, the Underwriting Agreement, the Debt Settlement Agreements, the Whitewash Waiver and all the transactions contemplated thereunder are subject to the fulfillment of a number of conditions and therefore may or may not materialise.

• The Directors (including the independent non-executive Directors who have taken into consideration of the advice from the Independent Financial Adviser) consider that the Open Offer, the Underwriting Agreement, the Debt Settlement Agreements, the Whitewash Waiver and all the transactions contemplated thereunder are fair and reasonable and are in the interests of the Company and the Independent Shareholders.

• The Company shall use reasonable endeavours to negotiate and enter into Debt Settlement Agreement(s) with the Secured Creditors to settle their secured debts, which are expected to be executed prior to the implementation of the Scheme.

• Even the categories that we now consider to be flawed, fulfilled our interests to a certain extent.

• Completion of the Debt Settlement Agreements Subject to the conditions precedent set out above having been satisfied or being satisfied as at Completion, Completion shall take place at the same time as the date of allotment of the Offer Shares at principal place of business of the Company in Hong Kong at the time as described in the Debt Settlement Agreements (or such other time, date and place in Hong Kong as the Company may specify in writing).

More Definitions of Debt Settlement Agreements

Debt Settlement Agreements has the meaning set out in Section 2.2;

Debt Settlement Agreements means the shares for debt agreements between ZeU and certain creditors dated November 25, 2019, pursuant to which ZeU completed the Shares for Debt;

Debt Settlement Agreements means the two debt settlement agreements dated March 30, 2018, providing for the issuance, by the Purchaser, of common shares of its share capital as settlement for debts of the Vendor;

Debt Settlement Agreements shall have the meaning set forth in the Post-Closing Letter.