Common use of Absolute Obligation Clause in Contracts

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of Borrower, which is absolute and unconditional, to pay the principal of, liquidated damages and accrued interest, as applicable, on this Note at the time, place, and rate, and in the coin or currency, herein prescribed. This Note is a direct debt obligation of Borrower. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 131 contracts

Samples: Line of Credit Agreement (Star Alliance International Corp.), Secured Convertible Note (PishPosh, Inc.), Global Technologies LTD

AutoNDA by SimpleDocs

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of Borrower, which is absolute and unconditional, to pay the principal of, liquidated damages and accrued interest, as applicable, on this Note at the time, place, and rate, and in the coin or currency, herein prescribed. This Note is a direct debt obligation of Borrower. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 21 contracts

Samples: AgEagle Aerial Systems Inc., Convertible Note (Integrated Ventures, Inc.), Securities Purchase Agreement (Andalay Solar, Inc.)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of Borrower, which is absolute and unconditional, to pay the principal of, liquidated damages and accrued interest, as applicable, on this Note at the time, place, and rate, and in the coin or currency, herein prescribed. This Note is a direct debt obligation of Borrower. This Note ranks pari passu with all other Other Notes now or hereafter issued under the terms set forth herein.

Appears in 16 contracts

Samples: Wearable Health Solutions, Inc., Securities Purchase Agreement (PV Nano Cell, Ltd.), Pacific Software, Inc.

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation obligations of Borrowerthe Borrowers, which is are absolute and unconditional, to pay the principal of, liquidated damages and accrued interest, as applicable, on this Note Obligations at the time, place, and rate, and in the coin or currency, herein prescribed. This Note is a direct debt obligation of Borrower. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth hereinBorrowers.

Appears in 8 contracts

Samples: Hightimes Holding Corp., Hightimes Holding Corp., Hightimes Holding Corp.

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of Borrower, which is absolute and unconditional, to pay the principal of, liquidated damages and accrued interest, as applicable, on this Note at the time, place, and rate, and in the coin or currency, herein prescribed. This Note is a direct debt obligation of Borrower. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth hereinherein pursuant to the Purchase Agreement.

Appears in 6 contracts

Samples: Reign Sapphire Corp, Gratitude Health, Inc., MaxQ AI Ltd.

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of Borrower, which is absolute and unconditional, to pay the principal of, liquidated damages of and accrued interest, as applicable, on this Note at the time, place, and rate, and in the coin or currency, herein prescribed. This Note is a direct debt obligation of Borrower. This Note ranks pari passu with all other Other Notes now or hereafter issued under the terms set forth herein.

Appears in 5 contracts

Samples: Stronghold Digital Mining, Inc., Stronghold Digital Mining, Inc., Stronghold Digital Mining, Inc.

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of Borrower, which is absolute and unconditional, to pay the principal Principal Amount of, interest and liquidated damages and accrued interest(if any) on, as applicable, on this Note at the time, place, and rate, and in the coin or currency, herein prescribed. This Note is a direct debt obligation of Borrower. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 3 contracts

Samples: Sheet (KonaRed Corp), KonaRed Corp, KonaRed Corp

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of Borrower, which is absolute and unconditional, to pay the principal of, liquidated damages and accrued interest, as applicable, on this Note at the time, place, and rate, and in the coin or currency, herein prescribed. This Note is a direct debt obligation of Borrower. This Note ranks pari passu with all other Notes now existing (except as the Note may be expressly subordinated to such indebtedness pursuant to Section 11) or hereafter issued under the terms set forth herein.

Appears in 3 contracts

Samples: XpresSpa Group, Inc., XpresSpa Group, Inc., XpresSpa Group, Inc.

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of Borrower, which is absolute and unconditional, to pay the principal of, of liquidated damages and accrued interest, as applicable, on this Note at the time, place, and rate, and in the coin or currency, herein prescribed. This Note is a direct debt obligation of Borrower. This Note ranks pari pan i passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 2 contracts

Samples: Security Agreement (Accelerated Pharma, Inc.), Accelerated Pharma, Inc.

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of Borrowerthe Borrowers, which is absolute and unconditional, to pay the principal of, liquidated damages and accrued interest, as applicable, on this Note at the time, place, and rate, and in the coin or currency, herein prescribed. This Note is a direct debt obligation of Borrower. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth hereinBorrowers.

Appears in 2 contracts

Samples: Intercloud Systems, Inc., Intercloud Systems, Inc.

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of Borrower, which is absolute and unconditional, to pay the principal of, liquidated damages and accrued interest, as applicable, on this Note at the time, place, and rate, and in the coin or currency, herein prescribed. This Note is a direct debt obligation of Borrower. This Note ranks pari passu paripassu with all other Notes now or hereafter issued under the terms set forth herein.. c)

Appears in 2 contracts

Samples: Emerald Medical Applications Corp., Emerald Medical Applications Corp.

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of Borrowerthe Debtors, which is absolute and unconditional, to pay the principal of, liquidated damages and accrued interest, as applicable, on this Note at the time, place, and rate, and in the coin or currency, herein prescribed. This Note is a direct debt obligation of Borrowerthe Debtors. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 2 contracts

Samples: Pure Bioscience, Inc., ZBB Energy Corp

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of Borrower, which is absolute and unconditional, to pay (A) the principal of, liquidated damages amount of this Note and accrued (B) interest, as applicableand other amounts owing to a Holder of this Note, on this Note at the time, place, and rate, and in the coin or currency, herein prescribed. This Note is a direct debt obligation of Borrower. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 2 contracts

Samples: GT Biopharma, Inc., GT Biopharma, Inc.

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of Borrowerthe Borrowers, which is absolute and unconditional, to pay the principal of, liquidated damages of and accrued interest, as applicable, on this Note at the time, place, and rate, and in the coin or currency, herein prescribed. This Note is a direct debt obligation of Borrower. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth hereinBorrowers.

Appears in 1 contract

Samples: Intercloud Systems, Inc.

AutoNDA by SimpleDocs

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of Borrower, which is absolute and unconditional, to pay (A) the principal of, liquidated damages and accrued interest, as applicable, on this Note at the time, place, and rate, and in the coin or currency, herein prescribed. This Note is a direct debt obligation of Borrower. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 1 contract

Samples: GT Biopharma, Inc.

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of Borrower, which is absolute and unconditional, to pay the principal of, of liquidated damages and accrued interest, as applicable, on this Note at the time, place, and rate, and in the coin or currency, herein prescribed. This Note is a direct debt obligation of Borrower. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 1 contract

Samples: Accelerated Pharma, Inc.

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of Borrower, which is absolute and unconditional, to pay the principal of, liquidated damages and accrued interest, as applicable, on this Note at the time, place, and rate, and in the coin or currency, herein prescribed. This Note is a direct debt obligation of Borrower. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 1 contract

Samples: Generex Biotechnology Corp

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of Borrower, which is absolute and unconditional, to pay the principal of, liquidated damages and accrued interest, as applicable, on this Note at the time, place, and rate, and in the coin or currency, herein prescribed. This Note is a direct debt obligation of Borrower. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth hereinOther Notes.

Appears in 1 contract

Samples: General Employment Enterprises Inc

Absolute Obligation. Except as expressly provided herein, no No provision of this Note shall alter or impair the obligation of the Borrower, which is absolute and unconditional, to pay the principal of, liquidated damages and accrued interest, as applicable, on this Note at the time, place, and rate, and in the coin or currency, herein prescribed. This Note is a direct debt obligation of the Borrower. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 1 contract

Samples: Esports Entertainment Group, Inc.

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Borrower, which is absolute and unconditional, to pay the principal of, liquidated damages and accrued interestinterest on, as applicable, on this Note at the time, place, and rate, and in the coin or currency, herein prescribed. This Note is a direct debt obligation of the Borrower. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 1 contract

Samples: America West Resources, Inc.

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of Borrower, which is absolute and unconditional, to pay the principal of, liquidated damages and accrued interest, as applicable, on this Note at the time, place, and rate, and in the coin or currency, herein prescribed. This Note is a direct debt obligation of Borrower. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 1 contract

Samples: Creative Medical Technology Holdings, Inc.

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of Borrowerthe Borrowers, which is absolute and unconditional, to pay the principal of, liquidated damages and accrued interest, as applicable, on of this Note and other amounts due and payable hereunder at the time, place, and rate, and in the coin or currency, herein prescribed. This Note is a direct debt obligation of Borrowerthe Borrowers. This Note ranks pari passu with all other Notes now All payments hereunder shall be made without deduction, offset, counterclaim or hereafter issued under the terms set forth hereindefenses of any nature whatsoever.

Appears in 1 contract

Samples: Marimed Inc.

Time is Money Join Law Insider Premium to draft better contracts faster.