Examples of Creditor in a sentence
The Creditor represents and warrants that no other person or entity has any interest in the matters released herein, and that it has not assigned or transferred, or purported to assign or transfer, to any person or entity all or any portion of the matters released herein.
Delivery of these documents in accordance with this Section 7 is an express condition precedent to obligation of the Parent to issue the Shares to the Creditor.
Upon a termination in accordance with this Section 10(b), and except as expressly stated otherwise in this Agreement, the Company and Parent shall not have any further obligation or liability (including as arising from such termination) to the Creditor.
For and in consideration of the issuance of the Shares to the Creditor, the Debt shall be deemed to be repaid in full, and the Company and Parent shall have no further obligations in connection with the Debt to the Creditor.
Creditor shall mark the original loan or financing agreement and any underlying original promissory note or other instrument evidencing the Debt as “PAID IN FULL” and tender those loan or financing agreements and promissory note or other instrument to the Parent within five (5) days after the Closing.