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CONDITIONAL DEBT CONVERSION AGREEMENT THIS CONDITIONAL DEBT CONVERSION AGREEMENT (the Agreement) is made and entered into by and among Puget Technologies, Inc., a publicly held Nevada corporation
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How to fill out conditional debt conversion agreement

01
Gather all relevant information related to the debt that needs to be converted.
02
Consult with legal counsel or a financial advisor to understand the terms and implications of the agreement.
03
Draft the agreement with clear terms and conditions for the debt conversion, including the trigger events and conversion ratios.
04
Include any necessary signatures from all parties involved in the agreement.
05
Review the agreement carefully to ensure all details are accurate and clear.
06
Execute the agreement and keep a copy for your records.

Who needs conditional debt conversion agreement?

01
Businesses and individuals who have outstanding debts that they wish to convert into equity.
02
Investors or creditors who are open to converting their debt into equity based on certain conditions.
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A conditional debt conversion agreement is a legal document that outlines the terms under which a debtor's debt can be converted into equity, typically contingent upon certain conditions being met.
Companies that issue convertible debt instruments or engage in debt-to-equity conversions are required to file a conditional debt conversion agreement.
To fill out a conditional debt conversion agreement, one should provide details such as the parties involved, terms of the debt, the conditions for conversion, and any applicable legal or financial considerations.
The purpose of a conditional debt conversion agreement is to establish clear terms under which debt can be converted into equity, protecting both the lender's and borrower's interests and providing a framework for financial restructuring.
Information that must be reported includes the names of the parties, terms of the debt, conversion ratio, conditions for conversion, and any limitations or restrictions related to the conversion.
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