definiens: means that each holdcr of a promissory note of which [COMPANY] is the maker ( each a and . collectively . the " ) has irrevocably . in writing . ( a ) consented to the transactions contemplated b : y this Agreement and ( b ) released [COMPANY] and its Affiliates from . and agreed not to assert against [COMPANY] or its Affiliates or any oflilcir respective assets ( including the Licensed IP . Assigned IP nnd thc 7 /\cti\cLS I I 65921J<)(n I Inventory ), any Liens, claims, rights or other interests it has or may have ( i ) in connection vv"ith or as a result of the transactions contemplatc : d hereby . ( ii ) in, against or relating to any of the Licensed JP . Assigned IP and the Inventory and/or ( iii ) relating to the Notes or any stock intu \vhich the Notes can be converted