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 the Company, 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 Company. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 256 contracts

Samples: Convertible Note (Greenlane Holdings, Inc.), Convertible Senior Secured Promissory Note (Adven Inc.), Securities Purchase Agreement (Adven Inc.)

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Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the CompanyBorrower, 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 CompanyBorrower. 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.), Convertible Security Agreement (Global Technologies LTD), Convertible Security Agreement (Global Technologies LTD)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, 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 Company. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 128 contracts

Samples: Senior Secured Convertible Promissory Note (Fathom Holdings Inc.), Security Agreement (Regen BioPharma Inc), Security Agreement (Regen BioPharma Inc)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of, liquidated damages and accrued interestinterest and late fees, 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 Company. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 49 contracts

Samples: Convertible Security Agreement (Thoughtful Media Group Inc.), Securities Purchase Agreement (Kindly MD, Inc.), Securities Purchase Agreement (Kindly MD, Inc.)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of, liquidated damages and accrued interestinterest and late fees, 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 Company. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth hereinPurchase Agreement.

Appears in 46 contracts

Samples: Convertible Promissory Note (Red Cat Holdings, Inc.), Promissory Note (Unusual Machines, Inc.), Promissory Note (Red Cat Holdings, Inc.)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, 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 Company. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 29 contracts

Samples: Convertible Note Agreement (Flewber Global Inc.), Convertible Note Agreement (Flewber Global Inc.), Unsecured Convertible Note (Flewber Global Inc.)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal 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 the Company. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 20 contracts

Samples: Convertible Security Agreement (U.S. Aerospace, Inc.), Convertible Security Agreement (U.S. Aerospace, Inc.), Convertible Security Agreement (U.S. Aerospace, Inc.)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, 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 Company. This Note ranks pari passu with all other Notes promissory notes now or hereafter issued under the terms set forth herein.

Appears in 20 contracts

Samples: Security Agreement (Probility Media Corp), Convertible Security Agreement (Ifan Financial, Inc.), Convertible Security Agreement (Lifelogger Technologies Corp)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, 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 Company. This Note ranks pari passu paripassu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 16 contracts

Samples: Convertible Security Agreement (Terra Tech Corp.), Convertible Security Agreement (Terra Tech Corp.), Securities Purchase Agreement (Viking Investments Group, Inc.)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of, liquidated damages and accrued interestdamages, 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 Company. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 13 contracts

Samples: Convertible Security Agreement (Nac Global Technologies, Inc.), Convertible Promissory Note (chatAND, Inc.), Convertible Promissory Note (chatAND, Inc.)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal ofPrincipal Amount, the Interest Amount, and liquidated damages and accrued interestdamages, as applicableif any, 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 Company. This Note ranks pari passu with all other Notes now or hereafter hereinafter issued under the terms set forth herein.

Appears in 12 contracts

Samples: 14% Nonconvertible Subordinated Secured Note (Z Trim Holdings, Inc), 14% Nonconvertible Subordinated Secured Note (Z Trim Holdings, Inc), 14% Nonconvertible Subordinated Secured Note (Z Trim Holdings, Inc)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal 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 the Company. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 12 contracts

Samples: Credit Facility Agreement (Protalex Inc), Credit Facility Agreement (Protalex Inc), Secured Promissory Note (Protalex Inc)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, 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 the Company. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 11 contracts

Samples: Settlement Agreement (GEE Group Inc.), Security Agreement (GEE Group Inc.), Convertible Subordinated Note (GEE Group Inc.)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of, of and liquidated damages and accrued interestdamages, 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 Company. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 10 contracts

Samples: Convertible Security Agreement (Klotho Neurosciences, Inc.), Convertible Security Agreement (Psyence Biomedical Ltd.), Convertible Security Agreement (Psyence Biomedical Ltd.)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, 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 Company. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 10 contracts

Samples: Convertible Security Agreement (Inspire Veterinary Partners, Inc.), Note Purchase Agreement (Inspire Veterinary Partners, Inc.), Convertible Security Agreement (Inspire Veterinary Partners, Inc.)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of, of and liquidated damages and accrued interest, as applicable, (if any) 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 Company. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 9 contracts

Samples: Second Note Amendment Agreement (Magnolia Solar Corp), Second Note Amendment Agreement (Magnolia Solar Corp), Second Note Amendment Agreement (Magnolia Solar Corp)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal 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 the Company. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 9 contracts

Samples: Security Agreement (Knobias, Inc.), Convertible Security Agreement (Global Axcess Corp), Convertible Security Agreement (New Century Companies Inc)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of, liquidated damages and accrued interest, as applicable, on interest of 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 Company. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 7 contracts

Samples: Securities Purchase Agreement (Cyberdefender Corp), Securities Agreement (Cyberdefender Corp), Securities Agreement (Cyberdefender Corp)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of, 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 the Company. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 7 contracts

Samples: Convertible Note Agreement (American Tonerserv Corp.), Convertible Note Agreement (Genesis Pharmaceuticals Enterprises, Inc.), Convertible Note Agreement (China Education Alliance Inc.)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, 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 Company. This Note ranks pari pari-passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 6 contracts

Samples: Securities Purchase Agreement (Trio Petroleum Corp.), Securities Purchase Agreement (Trio Petroleum Corp.), Securities Purchase Agreement (Trio Petroleum Corp.)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of, Interim Payment of, liquidated damages and accrued interest, as applicable, on 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 Company. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 6 contracts

Samples: Convertible Security Agreement (Mobiquity Technologies, Inc.), Convertible Security Agreement (Mobiquity Technologies, Inc.), Convertible Security Agreement (Mobiquity Technologies, Inc.)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of, and liquidated damages and accrued interestdamages, 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 Company. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth hereinExchange Agreement.

Appears in 5 contracts

Samples: Convertible Security Agreement (SRAX, Inc.), Convertible Security Agreement (SRAX, Inc.), Convertible Security Agreement (SRAX, Inc.)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of, liquidated damages and accrued interest, as applicable, on of 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 Company. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 5 contracts

Samples: Note (Biogold Fuels CORP), Note (Biogold Fuels CORP), Note (Auriga Laboratories, Inc.)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, 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 Company. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 5 contracts

Samples: Convertible Note (Ipsidy Inc.), Securities Purchase Agreement (Ipsidy Inc.), Convertible Note Agreement (Ipsidy Inc.)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of, and liquidated damages and accrued interestdamages, 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 Company. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth hereinPurchase Agreement.

Appears in 5 contracts

Samples: Convertible Security Agreement (Avant Diagnostics, Inc), Convertible Security Agreement (Avant Diagnostics, Inc), Convertible Security Agreement (DSG Global Inc.)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the CompanyCompany and the Subsidiary, 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 joint and several debt obligation of the CompanyCompany and the Subsidiary. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 4 contracts

Samples: 4% Secured Subordinated Convertible Note (SolarMax Technology, Inc.), 4% Secured Subordinated Convertible Note (SolarMax Technology, Inc.), Convertible Note Agreement (SolarMax Technology, Inc.)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of, of liquidated damages and accrued interestinterest and late fees, 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 Company. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth hereinPurchase Agreement.

Appears in 4 contracts

Samples: Convertible Security Agreement (Medite Cancer Diagnostics, Inc.), Convertible Security Agreement (Medite Cancer Diagnostics, Inc.), Convertible Security Agreement (Medite Cancer Diagnostics, Inc.)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal 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. Time is of the essence of this Note. This Note is a direct debt obligation of the Company. This Note ranks pari passu with all other Notes now or hereafter issued under senior Indebtedness of the terms set forth hereinCompany.

Appears in 4 contracts

Samples: Security Agreement (Blue Earth, Inc.), Security Agreement (Blue Earth, Inc.), Security Agreement (Blue Earth, Inc.)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of, liquidated damages and accrued interestinterest and late fees, 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 Company. This Note ranks pari passu paripassu with all other Notes now or hereafter issued under the terms set forth hereinPurchase Agreement.

Appears in 4 contracts

Samples: Convertible Security Agreement (Cool Technologies, Inc.), Convertible Security Agreement (Cool Technologies, Inc.), Convertible Security Agreement (Cool Technologies, Inc.)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the CompanyCompanies, 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 CompanyCompanies. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 4 contracts

Samples: Convertible Security Agreement (Notis Global, Inc.), Convertible Security Agreement (Notis Global, Inc.), Convertible Security Agreement (Notis Global, Inc.)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, 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 Company. This Note ranks pari passu with all other Other Notes now or hereafter issued under the terms set forth herein.

Appears in 3 contracts

Samples: Convertible Security Agreement, Convertible Security Agreement (Smaaash Entertainment Inc.), Convertible Security Agreement (Smaaash Entertainment Inc.)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, 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 Company. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 3 contracts

Samples: Convertible Security Agreement (Ebix Inc), Convertible Security Agreement (Ebix Inc), Convertible Security Agreement (Ebix Inc)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, 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 Company. This Note ranks pari passu with all other Notes Note now or hereafter issued under the terms set forth herein.

Appears in 3 contracts

Samples: Convertible Security Agreement (Protea Biosciences Group, Inc.), Securities Purchase Agreement (Co-Diagnostics, Inc.), Note (Protea Biosciences Group, Inc.)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of, liquidated damages and accrued but unpaid 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 Company. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 3 contracts

Samples: Convertible Security Agreement (Giga Tronics Inc), Convertible Security Agreement (Ault Alliance, Inc.), Convertible Security Agreement (Giga Tronics Inc)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of, liquidated damages and accrued interestinterest (if any), 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 Company. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 3 contracts

Samples: Convertible Security Agreement (Precipio, Inc.), Convertible Security Agreement, Convertible Security Agreement

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, 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 Company. This Unless otherwise agreed by the Holder this Note ranks pari passu with all other Notes now or those promissory notes hereafter issued under the terms set forth hereinof the Purchase Agreement.

Appears in 3 contracts

Samples: Security Agreement (Delcath Systems, Inc.), Security Agreement (Delcath Systems, Inc.), Security Agreement (Delcath Systems, Inc.)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of, and liquidated damages and accrued interestdamages, 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 Company. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 3 contracts

Samples: Convertible Security Agreement (MassRoots, Inc.), Convertible Security Agreement (Avant Diagnostics, Inc), Convertible Security Agreement (MassRoots, Inc.)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of, liquidated damages (if any) 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 Company. This Note is a senior obligation of the Company, is secured under the Security Agreement, and ranks pari passu with all other Notes now or hereafter issued under the terms set forth hereinissued.

Appears in 3 contracts

Samples: Secured Note (Tenon Medical, Inc.), Secured Note (Tenon Medical, Inc.), Secured Note (Tenon Medical, Inc.)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, 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 Company. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 3 contracts

Samples: Membership Unit Purchase Agreement (Auriga Laboratories, Inc.), Note (Auriga Laboratories, Inc.), Convertible Security Agreement (Auriga Laboratories, Inc.)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, 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 the Company. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 3 contracts

Samples: Security Agreement (Intercloud Systems, Inc.), 10% Secured Convertible Note (Medefile International, Inc.), Security Agreement (Intercloud Systems, Inc.)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, 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 Company. This Note ranks pari passu with senior to all other Notes now or hereafter issued under the terms set forth herein.

Appears in 3 contracts

Samples: Convertible Security Agreement (TWO RIVERS WATER & FARMING Co), Convertible Security Agreement (Function(x) Inc.), Convertible Security Agreement (DraftDay Fantasy Sports, Inc.)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, 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 Company. This Note ranks pari passu with all other Notes now All payments by the Company hereunder shall be made without setoff, deduction or hereafter issued under the terms set forth hereincounterclaim.

Appears in 3 contracts

Samples: Securities Purchase Agreement (ObsEva SA), Securities Purchase Agreement (ObsEva SA), Securities Purchase Agreement (ObsEva SA)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of, liquidated damages and accrued interest, as applicable, on this Note Note, without set off or counterclaim, at the time, place, and rate, and in the coin or currency, herein prescribed. This Note is a direct debt obligation of the Company. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 3 contracts

Samples: Convertible Security Agreement (Vsee Health, Inc.), Convertible Security Agreement (Vsee Health, Inc.), Convertible Security Agreement (Digital Health Acquisition Corp.)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, 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 Company. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 3 contracts

Samples: Convertible Security Agreement (Giga Tronics Inc), Share Exchange Agreement (Giga Tronics Inc), Share Exchange Agreement (Giga Tronics Inc)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, 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 Company. This Note ranks pari passu with all other those certain 8% Senior Secured Convertible Promissory Notes due [ ], 2019 now or hereafter issued under the terms set forth hereinof the Purchase Agreement.

Appears in 2 contracts

Samples: Convertible Security Agreement (Delcath Systems, Inc.), Securities Purchase Agreement (Delcath Systems, Inc.)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, 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, place and rate, rate and in the coin or currency, currency herein prescribed. This Note is a direct debt obligation of the Company. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 2 contracts

Samples: Notes Purchase Agreement, Notes Purchase Agreement (Eastman Kodak Co)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of, liquidated damages and accrued interest, as applicable, on interest of 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 Company. This Note ranks pari passu with all other Notes now or hereafter issued under pursuant to the terms set forth hereinPurchase Agreement.

Appears in 2 contracts

Samples: Amendment to Subordinated Convertible Promissory Notes (Asure Software Inc), Securities Agreement (Asure Software Inc)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, 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 Company. This Secured Promissory Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.– Viking – February, 2020 Private Placement 7

Appears in 2 contracts

Samples: Securities Agreement (Camber Energy, Inc.), Securities Purchase Agreement (Camber Energy, Inc.)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of, liquidated damages and accrued interestinterest and Late Fees, 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 Company. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 2 contracts

Samples: Convertible Security Agreement (C-Bond Systems, Inc), Convertible Security Agreement (C-Bond Systems, Inc)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of, liquidated damages of and accrued interest, as applicable, interest 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 Company. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 2 contracts

Samples: Senior Secured Convertible Note (Douglas Elliman Inc.), Convertible Security Agreement (Avadim Health, Inc.)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, 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 Company. This Note ranks pari passu with the note representing the Permitted Indebtedness but superior and prior to all other Notes notes now or hereafter issued under the terms set forth herein.

Appears in 2 contracts

Samples: Convertible Security Agreement (ARJ Consulting, LLC), Convertible Security Agreement (Verus International, Inc.)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, 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 Company. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 2 contracts

Samples: Security Agreement (Telecommunication Systems Inc /Fa/), Note Purchase Agreement (Hollywood Media Corp)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of, liquidated damages and accrued interestbut unpaid interest and the Make-Whole Amount, 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 Company. This Note ranks pari passu with all other Notes now or hereafter issued under pursuant to the terms set forth hereinTransaction Documents.

Appears in 2 contracts

Samples: Convertible Security Agreement (Avalanche International, Corp.), Convertible Security Agreement (Avalanche International, Corp.)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of, liquidated damages and accrued interest, as applicabledamages, 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 Company. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 2 contracts

Samples: Convertible Security Agreement (Data443 Risk Mitigation, Inc.), Convertible Security Agreement (Data443 Risk Mitigation, Inc.)

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

Appears in 2 contracts

Samples: Securities Purchase Agreement (Tixfi Inc.), Securities Purchase Agreement (Blue Sky Media Corp)

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

Appears in 2 contracts

Samples: Convertible Security Agreement (DOC.COM Inc.), Convertible Security Agreement (Synthetic Blood International Inc)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, 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 Company. This Note ranks All Notes rank pari passu with all other Notes now or hereafter issued under the terms set forth hereineach other.

Appears in 2 contracts

Samples: 12% Senior Secured Note (Green Ballast, Inc.), 12% Senior Secured Note (Green Ballast, Inc.)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of, liquidated damages of and accrued interest, as applicable, interest 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 Company. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 2 contracts

Samples: Convertible Note (Oz Rey LLC), Security Agreement (Cellectar Biosciences, Inc.)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of, liquidated damages and accrued interestinterest and late fees, 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 Company. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 2 contracts

Samples: Security Agreement (Recruiter.com Group, Inc.), Security Agreement (Recruiter.com Group, Inc.)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the CompanyCorporation, 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 CompanyCorporation. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 2 contracts

Samples: Share Exchange Agreement (DPW Holdings, Inc.), Share Exchange Agreement (Avalanche International, Corp.)

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

Appears in 2 contracts

Samples: Convertible Security Agreement (Blue Calypso, Inc.), Exchange Agreement (Blue Calypso, Inc.)

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Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, 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 Company. This Note ranks pari passu with all other those certain 8% Senior Secured Convertible Promissory Notes due December 4, 2018 now or hereafter issued under the terms set forth hereinof the Purchase Agreement.

Appears in 2 contracts

Samples: Convertible Security Agreement (Delcath Systems, Inc.), Securities Purchase Agreement (Delcath Systems, Inc.)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of, liquidated damages of and accrued interestany other amounts due, as applicable, such as Interest 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 Company. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 2 contracts

Samples: Convertible Security Agreement (Verb Technology Company, Inc.), Convertible Security Agreement (Verb Technology Company, Inc.)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, 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 Company. This Note ranks pari pari-passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Elephant Oil Corp.), Securities Purchase Agreement (Elephant Oil Corp.)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of, liquidated damages and accrued interestany other amounts due, 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 Company. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 2 contracts

Samples: Convertible Security Agreement (Verb Technology Company, Inc.), Convertible Security Agreement (nFusz, Inc.)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of, liquidated damages and accrued interest, as applicable, on interest of 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 Company. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 2 contracts

Samples: Securities Agreement (Issuer Direct Corp), Securities Agreement (Issuer Direct Corp)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal ofprincipal, 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 Company. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 2 contracts

Samples: Note Purchase Agreement (Orbsat Corp), Note Purchase Agreement (Orbital Tracking Corp.)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of, liquidated damages of and any accrued interest, as applicable, interest 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 Company. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 1 contract

Samples: Note (Auriga Laboratories, Inc.)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, 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 the Company. This Note ranks pari passu paripassu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 1 contract

Samples: Convertible Security Agreement (Green PolkaDot Box Inc)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of, liquidated damages (if any) 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 Company. This The Notes are a senior obligation of the Company, and this Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth hereinin the Purchase Agreement.

Appears in 1 contract

Samples: Convertible Security Agreement (Paid Inc)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of, liquidated damages and accrued interestprincipal, 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 Company. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 1 contract

Samples: Securities Purchase Agreement (American Resources Corp)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of, and liquidated damages and accrued interestdamages, 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 Company. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth hereinPurchase Agreement and the Existing Debt.

Appears in 1 contract

Samples: Convertible Security Agreement (MassRoots, Inc.)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal ofprincipal, liquidated damages 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 Company. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 1 contract

Samples: Convertible Security Agreement (Nu-Med Plus, Inc.)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, 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 direct, senior debt obligation of the CompanyCompany secured under the Pegasus Security Agreement. This Note ranks pari pari-passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 1 contract

Samples: Subscription Agreement (Resonate Blends, Inc.)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, 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 Company. This Note ranks pari passu with all other Notes now or hereafter issued under pursuant to the terms set forth hereinTransaction Documents.

Appears in 1 contract

Samples: Convertible Security Agreement (Evio, Inc.)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of, and liquidated damages and accrued interestdamages, 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 Company. This Note ranks pari passu paripassu with all other Notes now or hereafter issued under the terms set forth hereinPurchase Agreement.

Appears in 1 contract

Samples: Convertible Security Agreement (Avant Diagnostics, Inc)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, 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 Company. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth hereinPurchase Agreement.

Appears in 1 contract

Samples: Convertible Security Agreement (BTCS Inc.)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, 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 Company. This Note ranks pari passu with passuwith all other Notes now or hereafter issued under the terms set forth herein.

Appears in 1 contract

Samples: Convertible Security Agreement (Calm Waters Partnership)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal 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 the Company. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth hereinherein and pari passu with the Advisory Fee Payments.

Appears in 1 contract

Samples: Convertible Security Agreement (Advanced Environmental Petroleum Producers Inc.)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, 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 the Company. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.herein and the XXX Notes

Appears in 1 contract

Samples: Note Purchase Agreement (PreCheck Health Services, Inc.)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, 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 Company. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth hereinOther Note.

Appears in 1 contract

Samples: Security Agreement (GlyEco, Inc.)

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

Appears in 1 contract

Samples: Convertible Security Agreement (Petrosearch Energy Corp)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of, interest and liquidated damages 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 Company. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 1 contract

Samples: Convertible Note (Airbee Wireless, Inc.)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of, of and 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 Company. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 1 contract

Samples: Loan Agreement (Oxis International Inc)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of, 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 the Company. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 1 contract

Samples: Convertible Security Agreement (Las Vegas Gaming Inc)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of, of and 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 Company. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 1 contract

Samples: Convertible Security Agreement (Vivakor, Inc.)

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

Appears in 1 contract

Samples: Loan Agreement (Straight Path Communications Inc.)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, 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 Company. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 1 contract

Samples: Security Agreement (Harborview Master Fund Lp)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, which is absolute and unconditional, Company 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 Company. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 1 contract

Samples: Convertible Security Agreement (Boston Carriers, Inc.)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, 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 Company. This Note ranks pari passu with all other Notes Debt Securities now or hereafter issued under the terms set forth herein.

Appears in 1 contract

Samples: Security Agreement (Mela Sciences, Inc. /Ny)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal ofof and interest on, 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 Company. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 1 contract

Samples: Convertible Security Agreement (Actiga Corp)

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

Appears in 1 contract

Samples: Securities Purchase Agreement (Emmaus Life Sciences, Inc.)

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

Appears in 1 contract

Samples: Convertible Security Agreement (Vivakor, Inc.)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of, liquidated damages of and accrued interestInterest, 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 Company. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 1 contract

Samples: Convertible Secured Promissory Note and Loan Agreement (Green PolkaDot Box Inc)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, 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 Company. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth hereinGBL Note.

Appears in 1 contract

Samples: Convertible Security Agreement (Green Ballast, Inc.)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the CompanyCompany and the other 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 the CompanyDebtors. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 1 contract

Samples: Zero Coupon Secured Subordinated Convertible Note (ZBB Energy Corp)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, 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 Company. This Note ranks pari passu with all other Notes notes now or hereafter issued under the terms set forth herein.

Appears in 1 contract

Samples: Convertible Security Agreement (Treasure Global Inc)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal Principal Amount and accrued interest of, 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 the Company. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 1 contract

Samples: Convertible Unsecured Promissory Note Subscription Agreement

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, 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 Company. This Note ranks pari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Camber Energy, Inc.)

Absolute Obligation. Except as expressly provided herein, no provision of this Note shall alter or impair the obligation of the Company, 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 Company. This Note ranks pari sari passu with all other Notes now or hereafter issued under the terms set forth herein.

Appears in 1 contract

Samples: Convertible Security Agreement (Nac Global Technologies, Inc.)

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