Debt Settlement Agreement definition

Debt Settlement Agreement means the debt settlement agreement dated as of February 10th, 2009 between the Borrower and the Lender attached as Schedule “B” hereto;
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Debt Settlement Agreement means the debt settlement agreement dated as of the date hereof between Meryllion and the Debt Settlement Creditors;
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Debt Settlement Agreement means the agreement dated August 8, 2013 between the Corporation, GWTI and 1210706 Alberta Ltd. pursuant to which 1210706 Alberta Ltd., a related party to the Corporation, has agreed to settle a debt of $600,000 owed to it by the Corporation by the issuance of 1,200,000 shares at a deemed price equal to the Offering Price.
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Examples of Debt Settlement Agreement in a sentence

  • On December 6, 2016 the Company entered into a Debt Settlement Agreement (“the Agreement”) with SolidusGold Inc.

  • Shareholders and potential investors should note that completion of the Issuance is subject to fulfilment of the conditions under the Debt Settlement Agreement.

  • On March 30, 2016, the Company entered into a Debt Settlement Agreement with Linx and Mr. Lee pursuant to which, the Company agreed, subject to TSX and shareholder approval, which was obtained at the Annual General Meeting on June 2, 2016 to issue 750,000 units to Mr. Lee, in satisfaction of $1,500,000 of indebtedness owed by the Company to Linx under the Credit Facility.

  • In December of 2016, we issued 1,466,352 shares of common stock to a director for the cashless exercise of 1,500,000 options.On February 9, 2017, we entered into a Debt Settlement Agreement with Webcor Construction LP and issued 50,000 shares of our common stock.

  • The County retains the right to require Contractor to reduce or eliminate policy deductibles and SIRs as respects the County, or to provide a bond guaranteeing Contractor’s payment of all deductibles and SIRs, including all related claims investigation, administration, and defense expenses.

  • Tier 3: proceeds from Tier 1 & 2 PLUS 5% of 30% on any exit above $30mm RoyaltiesAs part of the restated Debt Settlement Agreement dated March 27, 2017 Sprint Solutions, Inc.

  • These amounts are unsecured, non-interest bearing and have no fixed terms of repayment.On December 6, 2016 the Company entered into a Debt Settlement Agreement (“the Agreement”) with SolidusGold Inc.

  • This Debt Settlement Agreement shall enure to the benefit of and be binding upon each of the parties and their respective heirs, executors, administrators, successors and assigns, as the case may be.

  • On March 31, 2015, the Company entered into a Debt Settlement Agreement to settle in full the matured non-revolving credit facilities owed by Kaynes.

  • MRS shall not have any liability or responsibility under or in connection with either this 20-Year Watertightness Limited Warranty or the Roof in the event of a failure by any contractor or subcontractor to use approved installation details for roof curbs, roof jacks, sealants, sub framing, and flashing furnished by MRS, [or to substitute therefore only products approved in writing in advance by MRS as equal (if provided by the contractor)].


More Definitions of Debt Settlement Agreement

Debt Settlement Agreement means the debt settlement agreement dated March 30, 2001 among the Debt Holders and the Corporation, pursuant to which the Corporation agreed, subject to satisfaction of certain conditions, to issue an aggregate of 1,200,000 Common Shares, each at a deemed price of $0.15 per Common Share, in order to extinguish outstanding debts in the aggregate principal amount of $180,000 currently owing to the Debt Holders;
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Debt Settlement Agreement has the meaning ascribed thereto in the recitals;
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Debt Settlement Agreement is made in the Province of British Columbia and shall be subject to the laws of the Province of British Columbia and the laws of Canada applicable within. e. The Creditor and the Corporation will execute all such further documents and assurances as may be required to give full force and effect to the "Debt Settlement Agreement."
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Related to Debt Settlement Agreement

  • Master Settlement Agreement means the settlement agreement and related documents entered into on November 23, 1998, by the state and leading United States tobacco product manufacturers.

  • Structured settlement agreement means the agreement, judgment, stipulation, or release embodying the terms of a structured settlement.

  • Settlement Agreements means any settlement reached in the U.S. Litigation with any of the Settling Defendants.

  • Calculation Agent Agreement means the Calculation Agent Agreement dated as of May 18, 2018 between the Company and the Calculation Agent, as amended from time to time.

  • Redemption Agreement has the meaning set forth in the Recitals.

  • Repayment Agreement means an agreement

  • Amendment Agreement shall have the meaning assigned to such term in the recitals hereto.

  • Payment Agreement means a written agreement which provides

  • Call-Off Agreement means a legally binding agreement (entered into pursuant to the provisions of this Framework Agreement) for the provision of the Services made between a Contracting Body and the Supplier pursuant to Framework Schedule 5 (Call Off Procedure);

  • Put Agreement means an agreement dated as of August 13, 2008, as amended, among the Company, OT LLC and Rio Tinto Alcan.

  • Net Settlement Amount means the Gross Settlement Amount, less the following payments in the amounts approved by the Court: Individual PAGA Payments, the LWDA PAGA Payment, Class Representative Service Payment, Class Counsel Fees Payment, Class Counsel Litigation Expenses Payment, and the Administration Expenses Payment. The remainder is to be paid to Participating Class Members as Individual Class Payments.

  • Energy Settlement Area means the bus or distribution of busses that represents the physical location of Network Load and by which the obligations of the Network Customer to PJM are settled. Energy Storage Resource:

  • Conversion Agreement shall have the meaning set forth in the Recitals.

  • Viatical settlement contract or “contract” means a written agreement entered into between a provider and a viator in which the provider will pay consideration that is less than the expected death benefit of the viator's policy in return for the viator's assignment, transfer, sale, devise, or bequest of the death benefit or ownership of the policy to the provider.

  • PJM Settlement or “PJM Settlement, Inc.” shall mean PJM Settlement, Inc. (or its successor), established by PJM as set forth in Operating Agreement, section 3.3. PJM Tariff, Xxxxxx, O.A.T.T., OATT or PJM Open Access Transmission Tariff: “PJM Tariff,” “Tariff,” “O.A.T.T.,” “OATT,” or “PJM Open Access Transmission Tariff” shall mean that certain PJM Open Access Transmission Tariff, including any schedules, appendices or exhibits attached thereto, on file with FERC and as amended from time to time thereafter. Plan:

  • Replacement Agreement means an agreement entered into as a replacement for any Relevant Agreement;

  • Auction Agent Agreement means the Initial Auction Agent Agreement unless and until a Substitute Auction Agent Agreement is entered into, after which "Auction Agent Agreement" shall mean such Substitute Auction Agent Agreement.

  • Master Transaction Agreement has the meaning set forth in the recitals.

  • Mandatory Settlement Date means the earliest of:

  • Restructuring Support Agreement has the meaning set forth in the Recitals.

  • Purchase Contract Settlement Date means ________________________, ____.]

  • Disbursement Agreement means the Master Disbursement Agreement, dated as of the Closing Date, by and among the Administrative Agent, the Bank Facilities Administrative Agent, the Disbursement Agent, the Borrowers and LCR, in substantially the form of Exhibit D-3 hereto, as the same may be amended, supplemented, amended and restated, or otherwise modified in accordance with the terms hereof and thereof.

  • Arrangement Agreement has the meaning ascribed thereto in the recitals hereof;

  • First Settlement Date means the date set forth in footnote 3 under "Summary of Essential Financial Information" in the Prospectus Part I for a Trust.

  • Original Financing Agreement means the development credit agreement for a Social Investment Program Project between the Recipient and the Association, dated April 7, 2003, as amended to the date of this Agreement (Credit No. 3740-BD).

  • Fiscal Agent Agreement As defined in Section 8.13.