Payment in Full of Invoices by Issuance of the Note. The Creditor hereby agrees to accept the Note as payment in full of the Invoices and, upon issuance and delivery to the Creditor of the Note, the Creditor agrees that any and all obligations that the Company may have pursuant to the Invoices shall be satisfied in full and the Company shall have no further obligations to the Creditor thereunder.
Appears in 8 contracts
Samples: Debt Settlement Agreement and Release (Freeseas Inc.), Debt Settlement Agreement and Release (Freeseas Inc.), Debt Settlement Agreement and Release (Freeseas Inc.)