Full Satisfaction. Each of the Creditors agree that they are accepting the Shares in full satisfaction of all amounts owed under, and in connection with, their applicable Converted Amount, which is being converted into the Shares as described above and that as such, Creditors will no longer have any rights of repayment against the Company as to the amounts owed in connection with their applicable Converted Amount which is being converted into the Shares according to this Agreement.
Appears in 2 contracts
Sources: Post Closing Cash Consideration Conversion Agreement (Golden Matrix Group, Inc.), Post Closing Cash Consideration Conversion Agreement (Golden Matrix Group, Inc.)
Full Satisfaction. Each of the Creditors agree The Creditor agrees that they are he is accepting the Shares in full satisfaction of all amounts owed under, and in connection with, their his applicable Converted Amount, which is being converted into the Shares as described above and that as such, Creditors Creditor will no longer have any rights of repayment against the Company as to the amounts owed in connection with their applicable the Converted Amount Portion which is being converted into the Shares according to this Agreement.
Appears in 2 contracts
Sources: Post Closing Cash Consideration Conversion Agreement (Golden Matrix Group, Inc.), Post Closing Cash Consideration Conversion Agreement (Golden Matrix Group, Inc.)
Full Satisfaction. Each of the Creditors agree Creditor agrees that they are it is accepting the Shares in full satisfaction of all amounts owed under, the Debt and payment in connection with, their applicable Converted Amountfull of the Note, which is being converted into the Shares as described above and that as such, Creditors Creditor will no longer have any rights of repayment against the Company as to the amounts owed in connection with their applicable Converted Amount the Debt or under the Note, which is are being converted into the Shares according to this Agreement. Creditor further agrees that the Shares are being issued in full consideration of the Debt and Note.
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Full Satisfaction. Each of the Creditors agree Creditor agrees that they are it is accepting the Shares in full satisfaction of all amounts owed under, and in connection with, their applicable Converted Amount, the Amount Owed which is being converted into the Shares as described above above, and that as such, Creditors the Creditor will no longer have any rights of repayment against the Company as to the amounts owed in connection with their applicable Converted Amount Owed (or the Notes) which is are being converted into the Shares according pursuant to this Agreement. Creditor further agrees that the Shares are being issued in full consideration of the Amount Owed and that the Notes will be deemed ‘paid in full’ upon execution hereof by the Creditor.
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Full Satisfaction. Each of the Creditors agree The Creditor agrees that they are he is accepting the Shares in full satisfaction of all amounts owed under, and in connection with, their applicable the Converted Amount, which is being converted into the Shares as described above and that as such, Creditors Creditor will no longer have any rights of repayment against the Company as to the amounts owed in connection with their applicable the Converted Amount which is being converted into the Shares according to this Agreement.
Appears in 1 contract
Sources: Debt Conversion Agreement (Golden Matrix Group, Inc.)
Full Satisfaction. Each of the Creditors agree that they are accepting the Shares in full satisfaction of all amounts owed under, and in connection with, their applicable Converted Amount, which is being converted into the Shares as described above and that as such, Creditors will no longer have any rights of repayment against the Company as to the amounts owed in connection with the their applicable Converted Amount which is being converted into the Shares according to this Agreement.
Appears in 1 contract
Sources: Debt Conversion Agreement (Golden Matrix Group, Inc.)
Full Satisfaction. Each of the Creditors agree The Creditor agrees that they are he is accepting the Shares in full satisfaction of all amounts owed under, and in connection with, their his applicable Converted Amount, which is being converted into the Shares as described above and that as such, Creditors Creditor will no longer have any rights of repayment against the Company as to the amounts owed in connection with their his applicable Converted Amount which is being converted into the Shares according to this Agreement.
Appears in 1 contract
Sources: Post Closing Cash Consideration Conversion Agreement (Golden Matrix Group, Inc.)
Full Satisfaction. Each of the Creditors agree Creditor agrees that they are it is accepting the Shares in full satisfaction of all amounts owed under, and in connection with, their applicable Converted Amount, the Amount Owed which is being converted into the Shares as described above and that as such, Creditors the Creditor will no longer have any rights of repayment against the Company as to the amounts owed in connection with their applicable Converted Amount Owed which is being converted into the Shares according to this Agreement. Creditor further agrees that the Shares are being issued in full consideration of the Amount Owed.
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