Agreement to Accept Collateral in Full Satisfaction of Obligations Sample Contracts

AGREEMENT TO ACCEPT COLLATERAL IN FULL SATISFACTION OF OBLIGATIONS
Agreement to Accept Collateral in Full Satisfaction of Obligations • May 7th, 2020 • MAGELLAN GOLD Corp • Metal mining • Colorado

THIS AGREEMENT TO ACCEPT COLLATERAL IN FULL SATISFACTION OF OBLIGATIONS (“Agreement”) is made and entered into, effective March 31, 2020 (“Effective Date”) by and between the undersigned noteholders (hereinafter each is referred to as “Lender” or “Secured Party” and collectively “Lenders” or “Secured Parties”), JOHN GIBBS, as Collateral Agent, and MAGELLAN GOLD CORPORATION, a Nevada corporation (hereinafter referred to as “Debtor” or as the “Corporation”).

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AGREEMENT TO ACCEPT COLLATERAL IN FULL SATISFACTION OF OBLIGATIONS
Agreement to Accept Collateral in Full Satisfaction of Obligations • December 29th, 2006 • Practicexpert Inc • Services-business services, nec • New York

THIS AGREEMENT TO ACCEPT COLLATERAL IN FULL SATISFACTION OF OBLIGATIONS (the “Agreement”) is made as of December 28, 2006, by and among INPX, Inc., a Delaware corporation, with an address of 940 East 19th Street, Brooklyn, New York 11230 (“INPX”) and, PracticeXpert Systems, Inc., a Virginia corporation, with an address of 23975 Park Sorrento Drive, No. 110, Calabasas, California 91302 (the “Debtor”).

AGREEMENT TO ACCEPT COLLATERAL IN FULL SATISFACTION OF OBLIGATIONS
Agreement to Accept Collateral in Full Satisfaction of Obligations • May 11th, 2009 • Smart Move, Inc. • Trucking (no local) • Colorado

THIS AGREEMENT TO ACCEPT COLLATERAL IN FULL SATISFACTION OF OBLIGATIONS (“Agreement”) is made and entered into, effective May 6, 2009 by and between GO SMART MOVE, LLC, a Colorado limited liability company (hereinafter referred to as “Lender” or “Secured Party”), and SMART MOVE, INC., a Delaware corporation (hereinafter referred to as “Debtor” or as the “Corporation”).

AGREEMENT TO ACCEPT COLLATERAL IN FULL SATISFACTION OF OBLIGATIONS
Agreement to Accept Collateral in Full Satisfaction of Obligations • April 5th, 2013 • XFormity Technologies, Inc. • Services-prepackaged software • Colorado

THIS AGREEMENT TO ACCEPT COLLATERAL IN FULL SATISFACTION OF OBLIGATIONS (“Agreement”) is made and entered into, effective February ___, 2013 by and between JACK RABIN, in his capacity as Trustee under that certain Trust Indenture dated January 12, 2006 (“Rabin” or “Trustee”) on behalf of the holders (individually a “Lender” and collectively the “Lenders”) of 9% Secured Convertible Debentures (the “Debentures”) issued by XFORMITY TECHNOLOGIES, INC., a Colorado corporation and its wholly-owned subsidiary XFORMITY, INC., a Texas corporation (hereinafter collectively referred to as the “Debtor” or “Company”).

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