Amounts Repaid in Full Sample Clauses

Amounts Repaid in Full. For and in consideration of the issuance of the Shares to the Creditors, the Debts shall be deemed to be repaid in full, and the Company shall have no further obligations in connection with the Debts.
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Amounts Repaid in Full. For and in consideration of the issuance of the Conversion Shares to Debt-holder, the Converted Debt Amount, when fully converted, shall be deemed to be repaid in full, and the Company shall have no further obligations in connection with the Converted Debt Amount.
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Amounts Repaid in Full. For and in consideration of the issuance of the Conversion Shares to Employee, the Unpaid Salary Amount shall be deemed to be paid in full, and the Company shall have no further obligations in connection with the Unpaid Salary Amount.
Sample 1
Amounts Repaid in Full. For and in consideration of BNL Capital entering into the Stock Purchase Agreement with the Creditor, the Debt shall be deemed to be repaid in full, and the Company shall have no further obligations in connection with the Debt.
Sample 1
Amounts Repaid in Full. For and in consideration of the issuance of the Shares to the Creditors and the payment of the Interest, the Debt shall be deemed to be repaid and satisfied in full, and the Company shall have no further obligations in connection with the Debt. At or promptly following the applicable Closing each Creditor shall deliver to the Company the original promissory note evidencing the Debt for cancellation, provided, that the failure or refusal of any Creditor to deliver such note shall in no way be deemed to reinstate or otherwise continue any obligation of the Company in respect of the related Debt.
Sample 1

Related to Amounts Repaid in Full

  • ADDITIONAL PAYMENT OBLIGATIONS 15. Tax gross-up and indemnities

  • Advances; Payments (i) Lenders shall refund or participate in the Swing Line Loan in accordance with clauses (iii) and (iv) of Section 1.1(c). If the Swing Line Lender declines to make a Swing Line Loan or if Swing Line Availability is zero, Agent shall notify Lenders, promptly after receipt of a Notice of Revolving Credit Advance and in any event prior to 1:00 p.m. (New York time) on the date such Notice of Revolving Advance is received, by telecopy, telephone (promptly confirmed thereafter by telecopy or other form of written transmission) or other similar form of written transmission. Each Lender shall make the amount of such Lender's Pro Rata Share of such Revolving Credit Advance available to Agent in same day funds by wire transfer to Agent's account as set forth in Annex H not later than 3:00 p.m. (New York time) on the requested funding date, in the case of an Index Rate Loan, and not later than 11:00 a.m. (New York time) on the requested funding date, in the case of a LIBOR Loan. After receipt of such wire transfers (or, in the Agent's sole discretion, before receipt of such wire transfers), subject to the terms hereof, Agent shall make the requested Revolving Credit Advance to Borrower. All payments by each Lender shall be made without setoff, counterclaim or deduction of any kind.

  • Litigation and Contingent Obligations There is no litigation, arbitration, governmental investigation, proceeding or inquiry pending or, to the knowledge of any of their officers, threatened against or affecting the Borrower or any of its Subsidiaries which could reasonably be expected to have a Material Adverse Effect or which seeks to prevent, enjoin or delay the making of any Loans. Other than any liability incident to any litigation, arbitration or proceeding which could not reasonably be expected to have a Material Adverse Effect, the Borrower has no material contingent obligations not provided for or disclosed in the financial statements referred to in Section 5.4.

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