Common use of Payment of the Note Clause in Contracts

Payment of the Note. Simultaneously with the payment in full of the ------------------- Note, the Secured Party shall execute and file at its own expense any and all instruments necessary to terminate the security interest in the 21,851,503 shares of the Company Common Stock created by this Agreement and also execute any and all other instruments deemed reasonably necessary by the Debtor to vest in the Debtor title in the 21,851,503 shares of the Company Common Stock, free from any claim by the Secured Party.

Payment of the Note. Simultaneously with the payment in full of the ------------------- -------------------- Note, the Secured Party shall execute and file at its own expense any and all instruments necessary to terminate the security interest in the 21,851,503 shares of the Company Common Stock created by this Agreement and also execute any and all other instruments deemed reasonably necessary by the Debtor to vest in the Debtor title in the 21,851,503 shares of the Company Common Stock, free from any claim by the Secured Party.

Payment of the Note. Simultaneously with the payment in full of the ------------------- --------------------- Note, the Secured Party shall execute and file at its own expense any and all instruments necessary to terminate the security interest in the 21,851,503 ________ shares of the Company Common Stock created by this Agreement and also execute any and all other instruments deemed reasonably necessary by the Debtor to vest in the Debtor title in the 21,851,503 ________ shares of the Company Common Stock, free from any claim by the Secured Party.

Payment of the Note. Simultaneously with the payment in full of the ------------------- Note, the Secured Party shall execute and file at its own expense any and all instruments necessary to terminate the security interest in the 21,851,503 shares of the Company Common Stock and the Company Preferred Stock created by this Agreement and also execute any and all other instruments deemed reasonably necessary by the Debtor to vest in the Debtor title in the 21,851,503 shares of the Company Common Stock and the Company Preferred Stock, free from any claim by the Secured Party.