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. 1.2 The Debt was recorded on the books of the Company on July 23, 2013 ($18,328.08), August 15, 2013 ($1,250), August 30, 2013 ($1,250), and September 9, 2013 ($10,000) for a total of $30,828.08.

Appears in 1 contract

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

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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. 1.2 The Debt was recorded on the books of the Company on July 231, 2013 (2011 and July 11, 2011 for $18,328.08)4,500 and $1,500, August 15, 2013 ($1,250), August 30, 2013 ($1,250), and September 9, 2013 ($10,000) for a total of $30,828.08respectively.

Appears in 1 contract

Samples: 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 Debt. 1.2 The Debt was recorded on the books of the Company on July 23November 6, 2013 ($18,328.08), August 15115,000.00) and on November 7, 2013 ($1,25035,000.00), August 30, 2013 ($1,250), and September 9, 2013 ($10,000) for a total of $30,828.08.

Appears in 1 contract

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

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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. 1.2 The Debt was recorded on the books of the Company on February 26, March 26, April 26, May 26, June 26, and July 2326, 2013 ($18,328.08), August 15, 2013 ($1,250), August 30, 2013 ($1,250), and September 9, 2013 ($10,000) for at a total rate of $30,828.084,000 per month earned under the Management Agreement.

Appears in 1 contract

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

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