Common use of Acknowledgment of Debt Clause in Contracts

Acknowledgment of Debt. 1.1 The Company acknowledges and agrees that it is indebted to the Creditor in the amount of the Debt.

Appears in 18 contracts

Samples: Debt Settlement Agreement (Pivot Pharmaceuticals Inc.), Debt Settlement Agreement, Debt Settlement Agreement

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Acknowledgment of Debt. 1.1 The Company acknowledges and agrees that it is indebted to the Creditor in the amount of the Debt.

Appears in 5 contracts

Samples: Debt Settlement Agreement (Cannabis Science, Inc.), Debt Settlement Agreement (Aberdene Mines LTD), Debt Settlement Agreement (Salamon Group Inc)

Acknowledgment of Debt. 1.1 The Company acknowledges and agrees that it is indebted to the Creditor in the amount of the Debt. 1.2 The Debt was recorded on the books of the Company on July 1, 2011.

Appears in 2 contracts

Samples: Debt Settlement Agreement (Cannabis Science, Inc.), Debt Settlement Agreement (Cannabis Science, Inc.)

Acknowledgment of Debt. 1.1 The Company acknowledges and agrees that it is indebted to the Creditor in the amount of the DebtDebts as set out in Schedule “A”.

Appears in 1 contract

Samples: Debt Settlement Agreement

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Acknowledgment of Debt. 1.1 The Company acknowledges and agrees that it is indebted to the Creditor in the amount of the Partial Debt.

Appears in 1 contract

Samples: Debt Conversion Agreement

Acknowledgment of Debt. 1.1 The Company Corporation acknowledges and agrees that it is indebted to the Creditor in the amount of the Debt, and the Creditor and the Corporation agree to settle the Debt as described in Section 2 herein.

Appears in 1 contract

Samples: Debt Settlement Agreement

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