Common use of Settlement Debt Clause in Contracts

Settlement Debt. The Creditor agrees as part of this Agreement they shall be accepting the last payment for the satisfaction of the Present Debt, hereinafter known as the “Settlement Debt”. This Settlement Debt shall be in the amount of $ . Acceptance of the Settlement Debt shall immediately discharge all monies owed by the Debtor to the Creditor.

Appears in 3 contracts

Samples: Debt Settlement Agreement, Debt Settlement Agreement, Debt Settlement Agreement

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Settlement Debt. The Creditor agrees as part of this Agreement they shall be accepting the last payment for the satisfaction of the Present Debt, hereinafter known as the “Settlement Debt”. This Settlement Debt shall be in the amount of $ $____________________. Acceptance of the Settlement Debt shall immediately discharge all monies owed by the Debtor to the Creditor.

Appears in 3 contracts

Samples: Debt Settlement Agreement, Debt Settlement Agreement, Debt Settlement Agreement

Settlement Debt. The Creditor agrees as part of this Agreement they shall be accepting the last payment for the satisfaction of the Present Debt, hereinafter known as the “Settlement Debt”. This Settlement Debt shall be in the amount of $ $_ . Acceptance of the Settlement Debt shall immediately discharge all monies owed by the Debtor to the Creditor.

Appears in 1 contract

Samples: Debt Settlement Agreement

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Settlement Debt. The Creditor agrees as part of this Agreement they shall be accepting the last payment for the satisfaction of the Present Debt, hereinafter known as the “Settlement Debt”. This Settlement Debt shall be in the amount of $ . $[ SETTLEMENT DEBT ]. Acceptance of the Settlement Debt shall immediately discharge all monies owed by the Debtor to the Creditor.

Appears in 1 contract

Samples: Debt Settlement Agreement

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