Terms of the Exchange. The Exchange shall be consummated on the ------------------------ following terms and conditions:
Terms of the Exchange. The Company and Holder agree that each Holder will exchange the Exchange Securities held by such Holder and will relinquish any and all other rights it may have under the Exchange Securities in exchange for the Notes owing in respect of such Exchange Securities.
Terms of the Exchange. The Company and Holder agree that the Holder will exchange the Outstanding Debt and will relinquish any and all other rights he may have under the Outstanding Debt in exchange for Preferred Shares worth of the Settlement Amount, whereby each Preferred Share shall be convertible, at the option of the Holder into USD 10,000 (United States Dollars ten thousand) worth shares of fully paid and non-assessable Common Shares in the manner provided for in the Certificate of Designations (such Preferred Shares as converted into Common Shares, the “Conversion Shares”, and together the Conversion Shares with the Preferred Shares, the “Securities”) as set forth on Schedule B, annexed hereto.
Terms of the Exchange. The Company and Holder agree that the Holder will exchange the Exchange Securities and will relinquish any and all other rights he may have under the Exchange Securities in exchange for such number of shares of Common Stock (the “Shares”) or the Preferred Stock (the “Preferred Shares”, and such Preferred Shares as converted into Common Stock, the “Conversion Shares”, and together with the Common Shares and the Preferred Shares, the “Securities”) as set forth on Schedule A, annexed hereto.
Terms of the Exchange. On the basis of the representations, warranties, covenants, and agreements contained in this Agreement and subject to the terms and conditions of this Agreement:
Terms of the Exchange. The Company and Holder agree that the Holder will exchange the Note, and will relinquish any and all other rights he may have arising under or related to the Note, the Original Warrant, and the Purchase Agreement (except as set forth in Section 7 herein), in exchange for 119,583 shares of the Preferred Stock (the “Exchange Shares”) and the Exchange Warrant.
Terms of the Exchange. Pursuant to the terms hereof, the Undersigned hereby agrees to cause the Holders to exchange and deliver an aggregate principal amount of Old Notes, and in exchange therefor, the Company shall issue to the Holders an aggregate principal amount of New Notes, in each case, as set forth on Exhibit A hereto. The closing for the exchange (the “Closing”) shall occur substantially concurrently with and subject to the closing of the Company’s offering of the New Notes and on a date (the “Closing Date”) no later than two Trading Days after the date of this Agreement. At the Closing, (a) the Undersigned shall cause each Holder to deliver to the Company all right, title and interest in and to such Holder’s Old Notes, as set forth on Exhibit A hereto (and no other consideration), free and clear of any mortgage, lien (statutory or otherwise), pledge, charge, security interest, encumbrance, title retention agreement or other title retention device, conditional sale or security arrangement, collateral assignment, option, right of first refusal, equity or other adverse claim thereto or other similar encumbrance thereon (collectively, “Liens”), together with any documents of conveyance or transfer that the Company may deem necessary or desirable to assign, transfer to and confirm in the Company all right, title and interest in and to such Old Notes free and clear of any Liens, (b) the Company shall deliver or cause to be delivered to each Holder, subject to the terms and conditions of this Agreement, New Notes having an aggregate principal amount set forth on Exhibit A, and the Company hereby agrees to issue such New Notes to the Investor in exchange for such Old Notes and (c) the Company shall deliver or cause to be delivered, to each Holder of Old Notes, any accrued and unpaid interest on such Old Notes through the Closing Date. For the avoidance of doubt, in the event of any delay in the Closing pursuant to the immediately preceding paragraph, the Holders shall not be required to deliver the Old Notes until the Closing occurs. Simultaneously with or after the Closing, the Company may, in its sole discretion, issue the New Notes to one or more other holders of outstanding Old Notes or to other investors. The delivery of the New Notes and the issuance thereof shall be effected via DWAC (or other book-entry procedures) pursuant to the instructions to be provided by the Company (in the case of the Old Notes) and by the Holder (in the case of the New Notes) after the executi...
Terms of the Exchange. On the Closing Date, or such date as stated below:
Terms of the Exchange. Up to two (2) students a year may enrol at the other university. The unit of calculation is students per semester, and one student a year = 2 student/semesters. It is expected that the number of exchange students calculated in student/semesters will balance over the life of this agreement. Neither the universities nor the exchange students involved on this program pay tuition fees to the host institution. Exchange students will continue to pay any fees as required to their home university. Exchange students are responsible for all their personal costs, including housing, transport, food, health and books. Exchange students must be provided with the correspondent health cover policy valid at the host country throughout the whole period of exchange. In the case of UAM, the university will provide its students with a travel and accident insurance, if funds are available for this. Students from [Name of Institution] will be required to endorse the insurance necessary to process their visa and in any case, they will be required, at the least, to be provided with a travel and accident insurance with health coverage. The home university is responsible for screening and selecting students for this exchange program. In general the home university will provide the host university with six months' notice of participating exchange students. Additionally, the home university is responsible for making sure students have the minimum requested level of language, according to Annex I. Exchange students are enrolled as candidates for degrees at their home university and in general are not eligible to be awarded an undergraduate or graduate degree at the host university. Exchange students may enrol at any Faculty/School of the host university where they meet the academic requirements and prerequisites. These include any language requirements for entry. Exchange students who have been accepted by the host institution, are also required to obtain the approval of any teaching units by the receiving institution. These approvals will be preferably organized prior to students’ mobility. The transcript of results and academic records will be provided to the home university as soon as practicable after the completion of a period of exchange study. Students enrolled as exchange students are subject to all the rules and regulations of the host university, and the laws and procedures of the state in which that university is located. The host university will provide assistance in findin...
Terms of the Exchange. The two Parties agree to enter into a faculty exchange agreement, commencing in the year 201_. Faculty exchanges will be arranged at the host institution for periods of time acceptable to both Parties. The number of participants will be agreed by the two Institutions. It is expected that in any given year there will be an equal number of faculty exchanged from each Institution. Notwithstanding article above, while equal numbers in every year may not be possible, efforts will be made to have equal numbers exchanged over the life of this agreement. The candidates will be faculty of those areas that who have expressed an interest in exchanging positions for purposes of professional development and must have the approval of the relevant department, college or faculty and campus authorities at both Institutions. Faculty exchanges may refer to the simultaneous exchange of positions, the conduct of joint projects in education, research, organization of conferences and seminars along with any other program judged to be of mutual interest for their institutions. To xxxxxx this mobility, both institutions can collaborate in Interlibrary loan of academic publications and information among all their Libraries. In faculty exchanges, each faculty member will keep his or her home salary and fringe benefits, and will simply be assigned to the counterpart institution Travel and living expenses abroad will be borne by academic staff participating in the program. However, both institutions will endeavor to seek funding to support this mobility. Regarding UAM, if funds are available, the criteria and conditions for financial support shall be established in a specific public call. Both institutions agree to assist visiting faculty insofar as feasible, in matters of research facilities, housing search, immigration details, etc. However, the individual faculty remains responsible for housing arrangements and immigration details. Both institutions shall have no responsibility related to these procedures, nor provide any legal assistance related thereto. Neither institution will be required, or expected, to provide additional funds to compensate the faculty member(s) involved in the exchange for any differences in salaries and/or expenses. Neither institution shall be required, or expected, to provide funds to hire replacement faculty, or to otherwise provide coverage for any duties for which its faculty member is responsible, and for which the exchange faculty member is not quali...
