Common Contracts
4 similar Debt Conversion Agreement contracts by Petroteq Energy Inc.
DEBT CONVERSION AGREEMENT (United States Lender)Debt Conversion Agreement • February 11th, 2019 • Petroteq Energy Inc. • Drilling oil & gas wells • Ontario
WHEREAS the Subsidiary, a wholly-owned subsidiary of the Company, is indebted to the Lender in the principal amount of US$27,250.00 plus accrued and unpaid interest pursuant to a promissory note, which for greater certainty is equal to US$28,020.42 including accrued and unpaid interest up to and including May 19, 2017, attached hereto as Schedule “A” (the “Debt”);
DEBT CONVERSION AGREEMENT (United States Lender)Debt Conversion Agreement • February 11th, 2019 • Petroteq Energy Inc. • Drilling oil & gas wells • Ontario
WHEREAS the Subsidiary, a wholly-owned subsidiary of the Company, is indebted to the Lender in the principal amount of US$172,400 plus accrued and unpaid interest pursuant to a promissory note, which for greater certainty is equal to US$179,005.81 including accrued and unpaid interest up to and including May 19, 2017, attached hereto as Schedule “A” (the “Debt”);
DEBT CONVERSION AGREEMENT (United States Lender)Debt Conversion Agreement • February 11th, 2019 • Petroteq Energy Inc. • Drilling oil & gas wells • Ontario
WHEREAS the Company is indebted to the Lender in the principal amount of US$204,000.00 plus accrued and unpaid interest pursuant to a convertible debenture, which for greater certainty is equal to US$265,343.58 including accrued and unpaid interest up to and including May 19, 2017, attached hereto as Schedule “A” (the “Debt”);
DEBT CONVERSION AGREEMENT (United States Lender)Debt Conversion Agreement • February 11th, 2019 • Petroteq Energy Inc. • Drilling oil & gas wells • Ontario
WHEREAS the Subsidiary, a wholly-owned subsidiary of the Company, is indebted to the Lender in the aggregate amount of US$115,000 plus accrued and unpaid interest pursuant to the promissory note attached hereto as Schedule “A” (the “Debt”);
