Exchange of Documents. The certificates representing the Shares shall be delivered to the Holder as soon as practicable. Upon receipt of the Shares, (i) the Holder will mark the Promissory Note as "Paid" and will transfer the Promissory Xxte to the Company, and (ii) the Company shall record the payment of the Promissory Note on its books and records.
Appears in 2 contracts
Samples: Agreement (Us Global Nanospace Inc), Agreement (Us Global Nanospace Inc)
Exchange of Documents. The certificates representing the Shares shall be delivered to the Holder as soon as practicable. Upon receipt of the Shares, (i) the Holder will mark the Promissory Note as "Paid" and will transfer the Promissory Xxte Xxxx to the Company, and (ii) the Company shall record the payment of the Promissory Note on its books and records.
Appears in 2 contracts
Samples: Agreement (Robinson John), Agreement (Robinson John)
Exchange of Documents. The certificates certificate representing the Shares shall be delivered to the Holder as soon as practicable. Upon receipt transfer of the Shares, (i) the Holder will mark the Promissory Note as "Paid" and will transfer the Promissory Xxte Shares to the CompanyHolder, the Note will be paid in full and (ii) the Company shall record have no further obligation to the payment of Holder under the Promissory Note on its books and recordsNote.
Appears in 1 contract
Samples: Agreement (Us Global Nanospace Inc)