Common use of Public Securities Clause in Contracts

Public Securities. Lender and Debtor agree that the Remaining Amount shall be cancelled as of the date hereof in consideration for the shares of stock set forth on Schedule D hereto including any cash and non-cash distributions, proceeds and substitutes (collectively, the "Public Securities"), which shall be transferred at the Initial Closing or any Subsequent Closing, as the case may be.

Appears in 2 contracts

Sources: Loan Modification Agreement (Rho Capital Partners Inc), Loan Modification Agreement (Rho Capital Partners Inc)