Common use of Cancellation of Note Clause in Contracts

Cancellation of Note. Upon payment in full of the principal balance of this Note and any charges, costs and accrued interest thereon, this Note will be automatically cancelled and Maker’s payment obligations hereunder will be extinguished.

Appears in 2 contracts

Samples: Energy Focus, Inc/De, Energy Focus, Inc/De

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Cancellation of Note. Upon payment in full of the outstanding principal balance of this Note and any charges, costs accrued and accrued unpaid interest thereon, this Note will be automatically cancelled and Makerthe Company’s payment obligations hereunder will be extinguished.

Appears in 2 contracts

Samples: Strategic Alliance Agreement (Athersys, Inc / New), Strategic Alliance Agreement (Athersys, Inc / New)

Cancellation of Note. Upon payment satisfaction in full of the outstanding principal balance of this Note by way of conversion or payment and any charges, costs payment of all accrued and accrued interest thereonunpaid interest, this Note will be automatically cancelled and Maker’s payment obligations hereunder will be extinguished.

Appears in 1 contract

Samples: Ctpartners Executive Search LLC

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Cancellation of Note. Upon payment in full of the outstanding principal balance of this Note and any chargesNote, costs and accrued interest thereonand unpaid interest, this Note will be automatically cancelled and Makerthe Company’s payment obligations hereunder will be extinguished.

Appears in 1 contract

Samples: General Employment Enterprises Inc

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