Effective Date Payments

Example Definitions of "Effective Date Payments"
Effective Date Payments. Means a prepayment of principal of the Subordinated Notes in the aggregate amount of $633,332 to be made to the Subordinated Creditors on or about the date hereof, subject to the terms and conditions hereof, and a prepayment of principal in the amount of $316,666 to be made to John Martell on the same date.
Effective Date Payments. Means a prepayment of principal of the Subordinated Notes Note in the aggregate amount of $633,332 $316,666 to be made to the Subordinated Creditors Creditor on or about the date hereof, subject to the terms and conditions hereof, and a prepayment of principal in the aggregate amount of $316,666 $633,332 to be made to John Martell BDeWees, Inc. and XGen III, Ltd. on the same date.
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