Common use of Forgiveness of Interest Clause in Contracts

Forgiveness of Interest. Holder hereby forgives and fully discharges the Forgiven Interest. Except as expressly provided herein, this Waiver does not constitute forgiveness or a discharge by Holder of any other Obligations (as defined in the Note).

Appears in 2 contracts

Sources: Promissory Note and Put Agreement (United Cannabis Corp), Promissory Note and Put Agreement (United Cannabis Corp)