Common use of Acknowledgment of Debt Clause in Contracts

Acknowledgment of Debt. 1.1 The Company acknowledges and agrees that it is indebted to the Creditor in the amount of the Debt. 1.2 The Debt was recorded on the books of the Company on February 26, March 26, April 26, May 26, June 26, and July 26, 2013 at a rate of $4,000 per month earned under the Management Agreement.

Appears in 1 contract

Sources: Debt Settlement Agreement (Cannabis Science, Inc.)

Acknowledgment of Debt. 1.1 The Company acknowledges and agrees that it is indebted to the Creditor in the amount of the Debt. 1.2 The Debt was recorded on the books of the Company on February 26July 23, March 262013 ($18,328.08), April 26August 15, May 262013 ($1,250), June 26August 30, 2013 ($1,250), and July 26September 9, 2013 at ($10,000) for a rate total of $4,000 per month earned under the Management Agreement30,828.08.

Appears in 1 contract

Sources: Debt Settlement Agreement (Cannabis Science, Inc.)

Acknowledgment of Debt. 1.1 The Company acknowledges and agrees that it is indebted to the Creditor in the amount of the Debt. 1.2 The Debt was recorded on the books of the Company on February 26July 1, March 26, April 26, May 26, June 26, 2011 and July 2611, 2013 at a rate of 2011 for $4,000 per month earned under the Management Agreement4,500 and $1,500, respectively.

Appears in 1 contract

Sources: Debt Settlement Agreement (Cannabis Science, Inc.)

Acknowledgment of Debt. 1.1 The Company acknowledges and agrees that it is indebted to the Creditor in the amount of the Debt. 1.2 The Debt was recorded on the books of the Company on February 26, March 26, April 26, May 26, June 26, and July 26November 6, 2013 at a rate of ($4,000 per month earned under the Management Agreement115,000.00) and on November 7, 2013 ($35,000.00).

Appears in 1 contract

Sources: Debt Settlement Agreement (Cannabis Science, Inc.)