Common use of Extinguishment of Indebtedness Clause in Contracts

Extinguishment of Indebtedness. On the Closing Date, Parent and ------------------------------ Sub shall be deemed to have paid and discharged all or a portion of the Purchase Order Amount equal to the product of the number of Shares multiplied by the Closing Price. Purchaser agrees that, except to the extent of the unpaid Balance, if any, Parent and Sub shall be deemed to have paid and discharged the Purchase Order Amount in full on the Closing Date. If, after the Closing Date, any Balance remains unpaid, Parent and Sub shall be deemed to have paid and discharged the Purchase Order Amount in full on payment of the final installment of the Balance.

Extinguishment of Indebtedness. On the Closing Date, ------------------------------ Parent and ------------------------------ Sub shall be deemed to have paid and discharged all or a portion of the Purchase Order Amount equal to the product of the number of Shares multiplied by the Closing Price. Purchaser agrees that, except to the extent of the unpaid Balance, if any, Parent and Sub shall be deemed to have paid and discharged the Purchase Order Amount in full on the Closing Date. If, after the Closing Date, any Balance remains unpaid, Parent and Sub shall be deemed to have paid and discharged the Purchase Order Amount in full on payment of the final installment of the Balance.

Extinguishment of Indebtedness. On the Closing Date, Parent and ------------------------------ Sub shall be deemed to have paid and discharged all or a portion of the Purchase Order Promissory Note Amount equal to the product of the number of Shares multiplied by the Closing Price. Purchaser agrees that, except to the extent of the unpaid Balance, if any, Parent and Sub shall be deemed to have paid and discharged the Purchase Order Promissory Note Amount in full on the Closing Date. If, after the Closing Date, any Balance remains unpaid, Parent and Sub shall be deemed to have paid and discharged the Purchase Order Promissory Note Amount in full on payment of the final installment of the Balance.