Examples of Note Termination Agreement in a sentence
The parties hereby agree that, any amount payable by the Purchasers to the Company will be satisfied upon the proper execution of the Promissory Note Termination Agreement and the full release of the Company from any further liability or obligation under the Notes.
The Company and Jimirro shall have duly executed and delivered the Note Termination Agreement.
Concurrently with the execution of this Termination Agreement, Inuvo and CPT Investments, are entering into that certain Inuvo Note Termination Agreement of even date herewith (the “Inuvo Note Termination Agreement”).
In March 2017, we and Aequus entered into a License and Promissory Note Termination Agreement.
Further, the Buyer and Seller acknowledge that the Notes are in default, and the Noteholders have the right, as secured creditors to foreclose upon the assets of Seller and sell such assets and that in lieu of such foreclosure, have agreed to enter into the Note Termination Agreement.
Each Noteholder shall have executed either a Note Termination Agreement or Payoff Letter in respect of each Company Note held by such Noteholder.
The Company and Jimirro shall have entxxxx xnto the agreement (the "Note Termination Agreement") substantially in the form attached to the Jimirro Employment Agreement as Exhibit A thereto.
Concurrently with the execution of this Agreement, Executive shall execute and deliver to the Company the Note Termination Agreement attached as EXHIBIT A and shall return the Contingent Note to the Company marked "cancelled," dated as of event date herewith and executed by Executive.
We had the right to terminate the License and Promissory Note Termination Agreement and require Aequus to assign all ACTH Product related assets to us without further compensation to Aequus if Aequus did not file an Investigational New Drug Application, or IND, for an ACTH Product with the FDA by September 6, 2019.
Xxxxx Title: President This RHI-RFL Note Termination Agreement (this “Agreement”), dated as of the date first set forth above (the “Effective Date”), is entered into by and between Ronco Holdings, Inc., a Delaware corporation, (“RHI”) and RFL Enterprises, LLC, a Delaware limited liability company (“RFL”).