Partial Satisfaction Clause Samples
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Partial Satisfaction. CONGREGATION and VOYANT agree that delivery of the Settlement Shares pursuant to the conditions set forth herein shall partially satisfy VOYANT’s obligation by reducing the obligation under the Note by greater of (a) the minimum amount of One Hundred Eighty Thousand Dollars ($180,000.00), or (b) the amount determined by the formula referenced in paragraph 1, above. This agreement shall not serve to release any other obligation under the original Note, Stock Pledge Agreement, Guaranty or Personal Guaranty of this Note or any other agreement or document issued in connection with the Note.
Partial Satisfaction. Acceptance by CCEE of some obligations to be satisfied by the HOSTs under this Contract does not operate as a release from any remaining obligations under this Contract.
Partial Satisfaction. In the event that a condition specified above to Seller's obligation is not satisfied but only in respect of a particular Loan or Loans, then Seller's obligations shall remain enforceable by Purchaser with respect to all Loans as to which the condition is satisfied; provided, however, that if a majority in unpaid principal amount of the Loans would not be purchased and sold at Closing as otherwise contemplated by reason of application of this Section 7.5, then this Section 7.5 shall not apply.
Partial Satisfaction. Borrower agrees not to send Agent payments marked “paid in full,” “without recourse,” or similar language. If Borrower sends such a payment, Agent may accept it without losing any of Agent's and Lenders' rights under the Loan Documents, and Borrower will remain obligated to pay any further amounts owed to the Agent and the Lenders.
Partial Satisfaction. For the avoidance of doubt, the failure of the Parties to satisfy all the conditions precedent for a Supply Point, by the Earliest Supply Start Date, does not affect the Supplier's obligation to provide the Supply and the Customer's obligation to make payment in relation to the Supply, in respect of a Supply Point for which all the conditions precedent have been satisfied or waived in accordance with this Clause 3.
Partial Satisfaction. If an injunction or restraining order shall be in effect or have been instituted and remain pending which prohibits one or more but not all of the transactions to be consummated at the Second Closing as provided in Article 11 or the FIRB Condition is satisfied with respect to one or more but not all of the transactions to be consummated at the Second Closing as provided in Article 11, then the Parties will consummate such of the transactions to be consummated at the Second Closing as provided in Article 11 as is permissible.
Partial Satisfaction. Lakewood Group and Innofone agree that delivery of the Settlement Shares pursuant to the conditions set forth herein shall partially satisfy Innofone’s obligation by reducing the obligation under the Note by the amount of One Hundred Thousand Dollars ($100,000.00), applied first to interest through July 13, 2007 and attorneys fees, then to the Note’s principal. This agreement shall not serve to release any other obligation under the original Note, Stock Pledge Agreement, Guaranty or Personal Guaranty of this Note or any other agreement or document issued in connection with the Note.
Partial Satisfaction. Acceptance by all PARTIES of some obligations to be satisfied under this Contract does not operate as a release from any remaining obligations under this Contract.