Sands Debt

Example Definitions of "Sands Debt"
Sands Debt. Means the Company's 10% subordinated convertible debenture in the original and still outstanding principal amount of $4,000,000 issued to Sands Brothers Venture Capital Associates LLC on March 24, 2000.
Sands Debt. Shall have the meaning ascribed to such term in the Exchange Agreement.
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