Common use of Note Repayment Clause in Contracts

Note Repayment. Except as provided on Schedule 6.02(i), all indebtedness payable to the Principal Shareholder or any affiliates including ▇▇▇▇▇▇▇-MC, Incorporated and its respective affiliates shall have been converted to Company capital stock.

Appears in 1 contract

Sources: Securities Exchange Agreement (22nd Century Group, Inc.)

Note Repayment. Except as provided on Schedule 6.02(i), all indebtedness payable to the Principal Shareholder or any affiliates including Q▇▇▇▇▇▇-MC, Incorporated and its respective affiliates shall have been converted to Company capital stock.

Appears in 1 contract

Sources: Securities Exchange Agreement (Exactus, Inc.)