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.
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Sources: Partial Settlement Agreement and Release (Voyant International CORP), Partial Settlement Agreement and Release (Voyant International CORP)
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.
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