Common use of Acknowledgment of Debt Clause in Contracts

Acknowledgment of Debt. 1.1 The Company and the Subscriber acknowledge and agree that, as of the date of this Agreement, the Company is indebted to the Subscriber in the amount of the Indebtedness.

Appears in 4 contracts

Samples: Debt Settlement Agreement, Form of Canadian Shares for Debt Agreement, Debt Conversion Agreement (Online Disruptive Technologies, Inc.)

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Acknowledgment of Debt. 1.1 The Company and the Subscriber acknowledge and agree that, as of the date of this Agreement, the Company is indebted to the Subscriber in the amount of the IndebtednessOutstanding Debt.

Appears in 1 contract

Samples: Debt Conversion Subscription Agreement (Nexaira Wireless Inc.)

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