Common use of Retained Notes Clause in Contracts

Retained Notes. RH2 Equity Partners shall retain the outstanding Pinnacle Notes and CMB Notes totaling five hundred thousand five hundred ninety-two dollars ($500,592). Such notes shall convert in accordance with the Consulting Agreement and the Debt Settlement and Assignment Agreements to be executed at Closing.

Appears in 2 contracts

Sources: Master Sales Agreement (Renewal Fuels, Inc.), Master Sales Agreement (Renewal Fuels, Inc.)