Debt Owed definition
Examples of Debt Owed in a sentence
In full consideration for the purchase by Premier of the Purchased Stock, Premier shall cancel that amount of the Debt Owed then held by Premier in the amount of twenty-five dollars ($25.00) per share of Series B Preferred Stock purchased by Premier as Purchased Stock (the "Purchase Price").
NGP will use the proceeds of the Loan Amount (defined below) to repay the Debt Owed to THK and for no other purpose.
Step 4 – Agree on Debts and Taxes Debt Owed Before Marriage Suppose you have any outstanding loans or financial obligations before getting married.
In full consideration for the purchase by Premier of the Purchased Stock, Premier shall cancel on each Closing that amount of the Debt Owed then held by Premier in the amount of twenty-five dollars ($25.00) per share of Series B Preferred Stock purchased by Premier as Purchased Stock (the "Purchase Price").
Amounts Owed by the Company: _____________ For Services Rendered: $____________ For Debt Owed to Subscriber: $____________ 3DICON CORPORATION, an Oklahoma corporation By: ▇▇▇▇▇▇ ▇.
NGP expressly agrees that it in event BE exercises this right to loan cash in lieu of stock, all cash representing such loan received by NGP, or by the Consultant, or any affiliate or agent of NGP, shall immediately be paid over to THK by wire transfer to the account referenced on Exhibit C in repayment of the Debt Owed to THK.
The shares will be sold daily per the lockup and for the convenience of the parties, funds will be disbursed weekly to THK to repay THK for the Debt Owed to THK.
Seller shall have received evidence of the cancellation of the Seller Debt Owed Buyer.
The Purchase Price shall be subject to a reduction in the number of shares of Buyer Common Stock included therein in the amount of one (1) share of Buyer Common Stock per every $0.40 that the Seller Open Payables at Closing exceed Five Hundred Thousand ($500,000) dollars and the Seller Debt Owed Buyer at Closing exceeds One Million Four Hundred Eighteen Thousand ($1,418,000) dollars.
Consultant will set up a brokerage account of which the beneficiary is THK (the "Account") for the purpose of NGP using the BE Loan Amounts to pay the Debt Owed to THK.