Representations of the Creditor with Respect to the Invoices. The Creditor hereby represents as to the Invoices as follows: (i) each of the Invoices represents a bona fide outstanding claim against the Company, and is an enforceable obligation arising in the ordinary course of business, for money due and payable to the Creditor for services rendered or goods delivered pursuant to a written or verbal agreement, by and between the Creditor and the Company (and/or one or more of its subsidiaries), in each case, in good faith; (ii) each of the Invoices is currently due and owing and is payable in full; (iii) the documents attached hereto are true and, correct and complete copies of the Invoices; (iv) the Creditor is the sole owner of the Invoices, and has not previously sold, transferred, encumbered or released any part of the Invoices; and (v) there is no action based on any of the Invoices that is currently pending in any court or other legal venue and no judgments based upon the Invoices have been previously entered in any legal proceeding.
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Samples: Debt Settlement Agreement and Release (Freeseas Inc.), Debt Settlement Agreement and Release (Freeseas Inc.), Debt Settlement Agreement and Release (Freeseas Inc.)