Denovo of Debt and Extension of Payment Period. The Issuer hereby renews and affirms the debt as a legally binding obligation, regardless of any termination date or statute of limitation, and hereby extends the Debt for 5 years from the execution hereof, or the depletion and satisfaction of the Debt with all accrued interest thereon.
Appears in 3 contracts
Samples: Wrap Around Agreement (Kenergy Scientific, Inc.), Wrap Around Agreement (SpeechSwitch, Inc.), Wrap Around Agreement (Camelot Entertainment Group, Inc.)
Denovo of Debt and Extension of Payment Period. The Issuer hereby renews and affirms the debt as a legally binding obligation, regardless of any termination date or statute of limitation, and hereby extends the Debt for 5 2 years from the execution hereof, or the depletion and satisfaction of the Debt with all accrued interest thereon, if applicable.
Appears in 2 contracts
Samples: Wrap Around Agreement (Flint Telecom Group Inc.), Wrap Around Agreement (Flint Telecom Group Inc.)
Denovo of Debt and Extension of Payment Period. The Issuer hereby renews and affirms the debt Debt as a legally binding obligationobligation of the Issuer, regardless of any termination date or statute of limitation, and hereby extends the Debt for 5 years one year from the execution hereofdate of this Agreement, or until the depletion and satisfaction of the Debt with all accrued interest thereoninterest.
Appears in 2 contracts
Samples: Assignment and Modification Agreement (Medical Care Technologies Inc.), Wrap Around Agreement (Camelot Entertainment Group, Inc.)
Denovo of Debt and Extension of Payment Period. The Issuer hereby renews and affirms the debt as a legally binding obligationob1igation, regardless of any termination date or statute of limitation, and hereby extends the Debt for 5 years from the execution hereof, or the depletion and satisfaction of the Debt with all accrued interest thereon.
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