Common use of Cancellation of Promissory Note Clause in Contracts

Cancellation of Promissory Note. Upon the repayment by the Maker of all of its obligations hereunder to the Holder, including, without limitation, the principal amount of this Promissory Note, plus accrued but unpaid interest, the indebtedness evidenced hereby shall be deemed canceled and paid in full.

Appears in 3 contracts

Sources: Master Loan Agreement, Master Loan Agreement (On-Air Impact, Inc.), Loan Agreement (Pan Global, Corp.)