Common use of Extinguishment of Cinagro Obligations Clause in Contracts

Extinguishment of Cinagro Obligations. Effective as of the Closing Date, without any further action of Cinagro, Seller or any other Person, all financial obligations of Cinagro to Seller or its Affiliates, whether arising before, on or after the Closing Date, payable under any Contract or other obligation of Cinagro entered into or in effect on or prior to the Closing Date shall be extinguished and be deemed satisfied in full, and Cinagro shall have no further obligation in respect thereof.

Appears in 4 contracts

Samples: Share Purchase Agreement (Nelson Jonathan M), Share Purchase Agreement (Organic Inc), Share Purchase Agreement (Organic Inc)

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