Settlement and Satisfaction. The execution of this Agreement by the Parties and payment of the amounts paid or payable under section 2.2 by Manitoba and Hydro will, subject to subsection 7.2.3, constitute a full and final settlement and satisfaction of any and all obligations and liabilities of Manitoba or Hydro related to:
Settlement and Satisfaction. Article 8 Approval and Execution
Settlement and Satisfaction. Upon execution of this Agreement or as at a time as soon as reasonably practicable thereafter, Monarch shall take any and all actions necessary or reasonably advisable to remit to Benacquista twenty-five thousand (25,000) of the Common Shares it received upon exercise of the Warrant in consideration of the full satisfaction of the outstanding principal balance of the Note together with all interest accrued thereon through the date hereof.
