Absolute Obligation. Except as expressly provided herein, no provision of this Debenture 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 Debenture at the time, place, and rate, and in the coin or currency, herein prescribed. This Debenture is a direct debt obligation of the Company. This Debenture ranks pari passu with all other Debentures now or hereafter issued under the terms set forth herein.
Appears in 371 contracts
Samples: Convertible Security Agreement (Scienture Holdings, Inc.), Convertible Security Agreement (Incannex Healthcare Inc.), Convertible Security Agreement (Safe & Green Development Corp)
Absolute Obligation. Except as expressly provided herein, no provision of this Debenture 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 Debenture at the time, place, and rate, and in the coin or currency, herein prescribed. This Debenture is a direct debt obligation of the Company. This Debenture ranks pari passu with all other Debentures now or hereafter issued under the terms set forth herein.
Appears in 77 contracts
Samples: Convertible Debenture (Rego Payment Architectures, Inc.), Convertible Security Agreement (Cybra Corp), Convertible Security Agreement (Cybra Corp)
Absolute Obligation. Except as expressly provided herein, no provision of this Debenture 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 Debenture at the time, place, and rate, and in the coin or currency, herein prescribed. This Debenture is a direct debt obligation of the Company. This Debenture ranks pari passu with all other Debentures now or hereafter issued under the terms set forth herein.
Appears in 24 contracts
Samples: Security Agreement (22nd Century Group, Inc.), Security Agreement (22nd Century Group, Inc.), Convertible Security Agreement (Liquid Media Group Ltd.)
Absolute Obligation. Except as expressly provided herein, no provision of this Debenture 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 Debenture at the time, place, and rate, and in the coin or currency, herein prescribed. This Debenture is a direct debt obligation of the Company. This Debenture ranks pari passu with all other Debentures now or hereafter issued under the terms set forth herein.
Appears in 15 contracts
Samples: Convertible Security Agreement (THC Therapeutics, Inc.), Convertible Security Agreement (Progreen US, Inc.), Convertible Security Agreement (Gopher Protocol Inc.)
Absolute Obligation. Except as expressly provided herein, no provision of this Debenture 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(if any) on, as applicable, on this Debenture at the time, place, and rate, and in the coin or currency, herein prescribed. This Debenture is a direct debt obligation of the Company. This Debenture ranks pari passu with all other Debentures now or hereafter issued under the terms set forth herein.
Appears in 15 contracts
Samples: Convertible Security Agreement (Us Dataworks Inc), Convertible Security Agreement (Fellows Energy LTD), Securities Purchase Agreement (Hartville Group Inc)
Absolute Obligation. Except as expressly provided herein, no provision of this Debenture 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 Debenture at the time, place, and rate, and in the coin or currency, herein prescribed. This Debenture is a direct debt obligation of the Company. This Debenture ranks pari passu with all other Debentures now or hereafter issued under the terms set forth herein.
Appears in 10 contracts
Samples: Convertible Security Agreement (CollPlant Holdings Ltd.), Convertible Security Agreement (CollPlant Holdings Ltd.), Convertible Security Agreement (CollPlant Holdings Ltd.)
Absolute Obligation. Except as expressly provided herein, no provision of this Debenture 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 Debenture at the time, place, and rate, and in the coin or currency, herein prescribed. This Debenture is a direct debt obligation of the Company. This Debenture ranks pari passu paripassu with all other Debentures now or hereafter issued under the terms set forth herein.
Appears in 10 contracts
Samples: Convertible Security Agreement (World Moto, Inc.), Convertible Security Agreement (World Moto, Inc.), Convertible Security Agreement (World Moto, Inc.)
Absolute Obligation. Except as expressly provided herein, no provision of this Debenture 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 Debenture at the time, place, and rate, and in the coin or currency, herein prescribed. This Debenture is a direct debt obligation of the Company. This Debenture ranks pari passu with all other Debentures now or hereafter issued under the terms set forth herein.
Appears in 10 contracts
Samples: Convertible Security Agreement (Rosetta Genomics Ltd.), Convertible Security Agreement (Rosetta Genomics Ltd.), Convertible Security Agreement (Magnegas Corp)
Absolute Obligation. Except as expressly provided herein, no provision of this Debenture 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 Debenture at the time, place, and rate, and in the coin or currency, herein prescribed. This Debenture is a direct debt obligation of the Company. This Debenture ranks pari passu with all other Debentures now or hereafter issued under the terms set forth herein.
Appears in 9 contracts
Samples: Subordinated Debenture (ContraVir Pharmaceuticals, Inc.), Convertible Security Agreement (PFO Global, Inc.), Convertible Security Agreement (PFO Global, Inc.)
Absolute Obligation. Except as expressly provided herein, no provision of this Debenture 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 Debenture at the time, place, and rate, and in the coin or currency, herein prescribed. This Debenture is a direct debt obligation of the Company. This Debenture ranks pari passu with all other Debentures and the Other Debentures now or hereafter issued under the terms set forth herein.
Appears in 9 contracts
Samples: Convertible Security Agreement (PLC Systems Inc), Convertible Security Agreement (PLC Systems Inc), Convertible Security Agreement (PLC Systems Inc)
Absolute Obligation. Except as expressly provided herein, no provision of this Debenture 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 Debenture at the time, place, and rate, and in the coin or currency, herein prescribed. This Debenture is a direct debt obligation of the Company. This Debenture ranks pari passu with all other Debentures now or hereafter issued under the terms set forth herein.
Appears in 8 contracts
Samples: Convertible Security Agreement (Sg Blocks, Inc.), Convertible Security Agreement (Sg Blocks, Inc.), Convertible Security Agreement (Sg Blocks, Inc.)
Absolute Obligation. Except as expressly provided herein, no provision of this Debenture 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 Debenture at the time, place, and rate, and in the coin or currency, herein prescribed. This Debenture is a direct debt obligation of the Company. This Debenture ranks pari passu PARI PASSU with all other Debentures now or hereafter issued under the terms set forth herein.
Appears in 7 contracts
Samples: Securities Purchase Agreement (Tarrant Apparel Group), Securities Agreement (China Evergreen Environmental CORP), Convertible Security Agreement (Secured Services Inc)
Absolute Obligation. Except as expressly provided herein, no provision of this Debenture 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 Debenture at the time, place, and rate, and in the coin or currency, herein prescribed. This Debenture is a direct debt obligation of the Company. This Debenture ranks pari passu with all other Debentures now or hereafter issued under the terms set forth herein.
Appears in 6 contracts
Samples: Debenture Agreement (UAS Drone Corp.), Debenture Agreement (UAS Drone Corp.), 12% Senior Secured Debenture (Guided Therapeutics Inc)
Absolute Obligation. Except as expressly provided herein, no provision of this Debenture 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 Debenture at the time, place, and rate, and in the coin or currency, herein prescribed. This Debenture is a direct debt obligation of the Company. This Debenture ranks pari passu with all other Debentures now or hereafter issued under the terms set forth herein.
Appears in 6 contracts
Samples: Convertible Security Agreement (Blink Logic Inc.), Convertible Security Agreement (Blink Logic Inc.), Convertible Security Agreement (Blink Logic Inc.)
Absolute Obligation. Except as expressly provided herein, no provision of this Debenture shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of, liquidated damages and accrued default interest, as applicable, on this Debenture at the time, place, and rate, and in the coin or currency, herein prescribed. This Debenture is a direct debt obligation of the Company. This Debenture ranks pari passu with all other Debentures now or hereafter issued under the terms set forth herein.
Appears in 6 contracts
Samples: Security Agreement (Capital Growth Systems Inc /Fl/), Security Agreement (Capital Growth Systems Inc /Fl/), Security Agreement (Capital Growth Systems Inc /Fl/)
Absolute Obligation. Except as expressly provided herein, no provision of this Debenture shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of, and liquidated damages and accrued interestother amounts owing on, as applicable, on this Debenture at the time, place, and rate, and in the coin or currency, herein prescribed. This Debenture is a direct debt obligation of the Company. This Debenture ranks pari passu with all other Debentures now or hereafter issued under the terms set forth herein.
Appears in 6 contracts
Samples: Convertible Security Agreement (Inspyr Therapeutics, Inc.), Convertible Security Agreement (Fourth Wave Energy, Inc.), Convertible Security Agreement (Inspyr Therapeutics, Inc.)
Absolute Obligation. Except as expressly provided herein, no provision of this Debenture 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 Debenture at the time, place, and rate, and in the coin or currency, herein prescribed. This Debenture is a direct debt obligation of the Company. This Debenture ranks pari passu with all other Debentures Debenture now or hereafter issued issuer under the terms set forth herein.
Appears in 5 contracts
Samples: Securities Purchase Agreement (NextPlat Corp), Securities Purchase Agreement (NextPlat Corp), Securities Purchase Agreement (Progressive Care Inc.)
Absolute Obligation. Except as expressly provided herein, no provision of this Debenture 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 Debenture at the time, place, and rate, and in the coin or currency, herein prescribed. This Debenture is a direct debt obligation of the Company. This Debenture ranks pari passu with all other Debentures now or hereafter issued under the terms set forth hereinherein and the Purchase Agreement.
Appears in 5 contracts
Samples: Convertible Security Agreement (Pressure Biosciences Inc), Convertible Security Agreement (US Dry Cleaning Services Corp), Convertible Security Agreement (US Dry Cleaning Services Corp)
Absolute Obligation. Except as expressly provided herein, no provision of this Debenture 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 Debenture at the time, place, and rate, and in the coin or currency, herein prescribed. This Debenture is a direct debt obligation of the Company. This Debenture ranks pari passu with all other Debentures now or hereafter issued under the terms set forth herein.
Appears in 5 contracts
Samples: Securities Purchase Agreement (Discovery Energy Corp.), Debenture Agreement (Discovery Energy Corp.), Convertible Security Agreement (Discovery Energy Corp.)
Absolute Obligation. Except as expressly provided herein, no provision of this Debenture 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 Debenture at the time, place, and rate, and in the coin or currency, herein prescribed. This Debenture is a direct debt obligation of the Company. This Debenture ranks pari passu with all other Debentures now or hereafter issued under the terms set forth herein.
Appears in 4 contracts
Samples: Convertible Security Agreement (Advanced Cell Technology, Inc.), Convertible Security Agreement (Advanced Cell Technology, Inc.), Convertible Security Agreement (Advanced Cell Technology, Inc.)
Absolute Obligation. Except as expressly provided herein, no provision of this Debenture 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 Debenture at the time, place, and rate, and in the coin or currency, herein prescribed. This Debenture is a direct debt obligation of the Company. This Debenture ranks pari passu with all other Debentures now or hereafter issued under the terms set forth herein.
Appears in 4 contracts
Samples: Securities Purchase Agreement (Rennova Health, Inc.), Original Issue Discount Debenture (Rennova Health, Inc.), Original Issue Discount Debenture (Rennova Health, Inc.)
Absolute Obligation. Except as expressly provided herein, no provision of this Debenture 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 Debenture at the time, place, and rate, and in the coin or currency, herein prescribed. This Debenture is a direct debt obligation of the Company. This Debenture ranks pari passu with all other Debentures now or hereafter issued under the terms set forth herein.
Appears in 4 contracts
Samples: Subscription Agreement (Trunity Holdings, Inc.), Convertible Security Agreement (CrowdGather, Inc.), Convertible Security Agreement (CrowdGather, Inc.)
Absolute Obligation. Except as expressly provided herein, no provision of this Debenture 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 Debenture at the time, place, and rate, and in the coin or currency, herein prescribed. This Debenture is a direct direct, unconditional, secured and senior debt obligation of the Company. This Debenture ranks pari passu with all other Debentures now or hereafter issued under the terms set forth herein.
Appears in 3 contracts
Samples: Convertible Security Agreement (Enlightened Gourmet, Inc.), Security Agreement (Cord Blood America, Inc.), Security Agreement (Cord Blood America, Inc.)
Absolute Obligation. Except as expressly provided herein, no provision of this Debenture 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 Debenture at the time, place, and rate, and in the coin or currency, herein prescribed. This Debenture is a direct debt obligation of the Company. This Debenture ranks pari passu paripassu with all other Debentures now or hereafter issued under the terms set forth herein.
Appears in 3 contracts
Samples: Convertible Security Agreement (Arkados Group, Inc.), Securities Purchase Agreement (Hartville Group Inc), Security Agreement (DSL Net Inc)
Absolute Obligation. Except as expressly provided herein, no provision of this Debenture 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 Debenture at the time, place, and rate, and in the coin or currency, herein prescribed. This Debenture is a direct debt obligation of the Company. This Debenture ranks pari passu PARI PASSU with all other Debentures now or hereafter issued under the terms set forth herein.
Appears in 3 contracts
Samples: Convertible Security Agreement (Armor Electric, Inc.), Convertible Security Agreement (Sonoma College Inc), Convertible Security Agreement (Sonoma College Inc)
Absolute Obligation. Except as expressly provided herein, no provision of this Debenture 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 Debenture at the time, place, and rate, and in the coin or currency, herein prescribed. This Debenture is a direct debt obligation of the Company. This Debenture ranks pari passu with all other Debentures now or hereafter issued under the terms set forth herein.
Appears in 3 contracts
Samples: Convertible Security Agreement (Windstream Technologies, Inc.), Convertible Security Agreement (Windstream Technologies, Inc.), Convertible Security Agreement (Windstream Technologies, Inc.)
Absolute Obligation. Except as expressly provided herein, no provision of this Debenture 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 Debenture at the time, place, and rate, and in the coin or currency, herein prescribed. This Debenture is a direct debt obligation of the Company. This Debenture ranks pari passu with all other Debentures now or hereafter issued under the terms set forth herein.
Appears in 3 contracts
Samples: Securities Amendment Agreement (Emmaus Life Sciences, Inc.), Security Agreement (Emmaus Life Sciences, Inc.), Convertible Security Agreement (American Eagle Energy Inc.)
Absolute Obligation. Except as expressly provided herein, no provision of this Debenture 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 Debenture at the time, place, and rate, and in the coin or currency, herein prescribed. This Debenture is a direct debt obligation of the Company. This Debenture ranks pari passu with all other Debentures now or hereafter issued under the terms set forth herein.
Appears in 2 contracts
Samples: Convertible Security Agreement (PERF Go-Green Holdings, Inc), Convertible Security Agreement (PERF Go-Green Holdings, Inc)
Absolute Obligation. Except as expressly provided herein, no provision of this Debenture 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 Debenture at the time, place, and rate, and in the coin or currency, herein prescribed. This Debenture is a direct debt obligation of the Company. This Debenture ranks pari passu with all other Debentures now or hereafter issued under the terms set forth herein.
Appears in 2 contracts
Samples: Convertible Security Agreement (Novelos Therapeutics, Inc.), Convertible Security Agreement (International Isotopes Inc)
Absolute Obligation. Except as expressly provided herein, no provision of this Debenture 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 Debenture at the time, place, and rate, and in the coin or currency, herein prescribed. This Debenture is a direct debt obligation of the Company. This Debenture ranks pari passu with all other Debentures now or hereafter issued under the terms set forth herein.
Appears in 2 contracts
Samples: Convertible Security Agreement (American Natural Energy Corp), Convertible Security Agreement (American Natural Energy Corp)
Absolute Obligation. Except as expressly provided herein, no provision of this Debenture 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 Debenture at the time, place, and rate, and in the coin or currency, herein prescribed. This Debenture is a direct debt obligation of the Company. Company This Debenture ranks pari passu with all other Debentures now or hereafter issued under the terms set forth herein.
Appears in 2 contracts
Samples: Convertible Security Agreement (Pacificnet Inc), Convertible Security Agreement (Pacificnet Inc)
Absolute Obligation. Except as expressly provided herein, no provision of this Debenture 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, interest on this Debenture at the time, place, and rate, and in the coin or currency, herein prescribed. This Debenture is a direct debt obligation of the Company. This Debenture ranks pari passu with all other Debentures now or hereafter issued under the terms set forth herein.
Appears in 2 contracts
Samples: Convertible Security Agreement (Synthesis Energy Systems Inc), Convertible Security Agreement (Synthesis Energy Systems Inc)
Absolute Obligation. Except as expressly provided hereinin the Transaction Documents, no provision of this Debenture 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 Debenture at the time, place, place and rateInterest Rate, and in the coin or currency, herein prescribed. This Debenture is a direct debt obligation of the Company. This Debenture ranks pari passu with all other Debentures now or hereafter issued under the terms set forth herein.
Appears in 2 contracts
Samples: Convertible Security Agreement (KLDiscovery Inc.), Securities Purchase Agreement (Pivotal Acquisition Corp)
Absolute Obligation. Except as expressly provided herein, no provision of this Debenture 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 Debenture at the time, place, and rate, and in the coin or currency, herein prescribed. This Debenture is a direct debt obligation of the Company. This Debenture ranks pari passu with all other Debentures now or hereafter issued under the terms set forth herein.
Appears in 2 contracts
Samples: Convertible Security Agreement (Targeted Medical Pharma, Inc.), Convertible Security Agreement (Saint James CO)
Absolute Obligation. Except as expressly provided herein, no provision of this Debenture shall alter or impair the obligation of the Company, which is absolute and unconditionalunconditional (subject to the terms of the Transaction Documents), to pay the principal of, interest and liquidated damages and accrued interest(if any) on, as applicable, on this Debenture at the time, place, and rate, and in the coin or currency, herein prescribed. This Debenture is a direct debt obligation of the Company. This Debenture ranks pari passu with all other Debentures now or hereafter issued by the Company under the terms set forth hereinherein and is subject to the terms of the Security Agreement.
Appears in 2 contracts
Samples: Convertible Security Agreement (OneTravel Holdings, Inc.), Convertible Security Agreement (OneTravel Holdings, Inc.)
Absolute Obligation. Except as expressly provided herein, no provision of this Debenture 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 Debenture at the time, place, and rate, and in the coin or currency, herein prescribed. This Debenture is a direct debt obligation of the Company. This Debenture ranks pari passu with all other Debentures now or hereafter issued under the terms set forth hereinherein and the Purchase Agreement in connection with the Offering Memorandum.
Appears in 1 contract
Absolute Obligation. Except as expressly provided herein, no provision of this Debenture 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 Debenture at the time, place, and rate, and in the coin or currency, herein prescribed. This Debenture is a direct debt obligation of the Company. This Debenture ranks pari passu with all other Debentures Debenture now or hereafter issued under the terms set forth herein.
Appears in 1 contract
Samples: Convertible Security Agreement (Protea Biosciences Group, Inc.)
Absolute Obligation. Except as expressly provided herein, no provision of this Debenture 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 Debenture at the time, place, and rate, and in the coin or currency, herein prescribed. This Debenture is a direct debt obligation of the Company. This Debenture ranks pari passu with all other Debentures now or hereafter issued under the terms set forth hereinin the Securities Purchase Agreement.
Appears in 1 contract
Absolute Obligation. Except as expressly provided herein, no provision of this Debenture shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of, or liquidated damages and accrued interest, as applicable, on this Debenture at the time, place, and rate, and in the coin or currency, herein prescribed. This Debenture is a direct debt obligation of the Company. This Debenture ranks pari passu with all other Debentures now or hereafter issued under the terms set forth herein.
Appears in 1 contract
Samples: Original Issue Discount Debenture (Rennova Health, Inc.)
Absolute Obligation. Except as expressly provided herein, no provision of this Debenture shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of, plus accrued default interest and liquidated damages and accrued interest(if any), as applicable, on this Debenture at the time, place, and rate, and in the coin or currency, herein prescribed. This Debenture is a direct debt obligation of the Company. This Debenture ranks pari passu with all other Debentures now or hereafter issued under the terms set forth herein.
Appears in 1 contract
Samples: Convertible Security Agreement (Celsia Technologies, Inc.)
Absolute Obligation. Except as expressly provided herein, no provision of this Debenture shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of, liquidated damages and accrued interest and unpaid interest, as applicable, on this Debenture at the time, place, and rate, and in the coin or currency, herein prescribed. This Debenture is a direct debt obligation of the Company. This Debenture ranks pari passu with all other Debentures now or hereafter issued under the terms set forth herein.
Appears in 1 contract
Samples: Convertible Security Agreement (Apollo Endosurgery, Inc.)
Absolute Obligation. Except as expressly provided herein, no provision of this Debenture 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 Debenture at the time, place, and rate, and in the coin or currency, herein prescribed. This Debenture is a direct debt obligation of the Company. This Debenture ranks pari passu with all other Debentures now or hereafter issued under the terms set forth herein.
Appears in 1 contract
Samples: Convertible Security Agreement (Oxis International Inc)
Absolute Obligation. Except as expressly provided herein, no provision of this Debenture 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 Debenture at the time, place, and rate, and in the coin or currency, herein prescribed. This Debenture is a direct debt obligation of the Company. This Debenture ranks pari passu with all other Debentures now or hereafter issued under the terms set forth herein.
Appears in 1 contract
Samples: Convertible Security Agreement (New Frontier Energy Inc)
Absolute Obligation. Except as expressly provided herein, no provision of ------------------- this Debenture 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 Debenture at the time, place, and rate, and in the coin or currency, herein prescribed. This Debenture is a direct debt obligation of the Company. This Debenture ranks pari passu with all other Debentures now ---- ----- or hereafter issued under the terms set forth herein.
Appears in 1 contract
Samples: Convertible Security Agreement (Trinity Learning Corp)
Absolute Obligation. Except as expressly provided herein, no provision of this Debenture 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 Debenture at the time, place, and rate, and in the coin or currency, herein prescribed. This Debenture is a direct debt obligation of the Company. This Debenture ranks pari passu paripassu with all other Debentures of the same series now or hereafter issued under the terms set forth herein.
Appears in 1 contract
Samples: Convertible Security Agreement (CleanTech Biofuels, Inc.)
Absolute Obligation. Except as expressly provided herein, no provision of this Debenture 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 Debenture at the time, place, and rate, and in the coin or currency, herein prescribed. This Debenture is a direct debt obligation of the Company. This Debenture ranks pari passu with all other Debentures now or hereafter issued under the terms set forth herein.
Appears in 1 contract
Absolute Obligation. Except as expressly provided herein, no provision of this Debenture 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 Debenture at the time, place, and rate, and in the coin or currency, herein prescribed. This Debenture is a direct debt obligation of the Company. This Debenture ranks pari pan passu with all other Debentures now or hereafter issued under the terms set forth herein.
Appears in 1 contract
Absolute Obligation. Except as expressly provided herein, no provision of this Debenture 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(if any) on, as applicable, on this Debenture at the time, place, and rate, and in the coin or currency, herein prescribed. This Debenture is a direct debt obligation of the CompanyCompany and was issued at an original issue discount to the principal amount. This Debenture ranks pari passu with all other Debentures now or hereafter issued under the terms set forth herein.
Appears in 1 contract
Samples: Convertible Security Agreement (Waverider Communications Inc)
Absolute Obligation. Except as expressly provided herein, no -------------------- provision of this Debenture shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of, liquidated damages and accrued interestother amounts owing, as applicable, on this Debenture at the time, place, and rate, and in the coin or currency, herein prescribed. This Debenture is a direct debt obligation of the Company. This Debenture ranks pari passu with ---- ----- all other Debentures now or hereafter issued under the terms set forth herein.
Appears in 1 contract
Absolute Obligation. Except as expressly provided herein, no provision of this Debenture 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 Debenture at the time, place, and rate, and in the coin or currency, herein prescribed. This Debenture is a direct debt obligation of the Company. This Debenture ranks pari passu with (i) all other Debentures now or hereafter issued under the terms set forth hereinherein and (ii) the 2009 Debentures.
Appears in 1 contract
Absolute Obligation. Except as expressly provided herein, no provision of this Debenture 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 Debenture at the time, place, and rate, and in the coin or currency, herein prescribed. This Debenture is a direct debt obligation of the Company. This Debenture ranks pari passu paripassu with all other Debentures now or hereafter issued under the terms set forth herein.
Appears in 1 contract
Samples: Convertible Security Agreement (Almadoro Minerals Corp.)
Absolute Obligation. Except as expressly provided herein, no provision of this Debenture 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 Debenture at the time, place, and rate, and in the coin or currency, herein prescribed. This Debenture is a direct debt obligation of the Company. This Debenture ranks pari passu with all other Debentures now or hereafter issued under the terms set forth herein.
Appears in 1 contract
Samples: Convertible Security Agreement (Statmon Technologies Corp)
Absolute Obligation. Except as expressly provided herein, no provision of this Debenture 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 Debenture at the time, place, and rate, and in the coin or currency, herein prescribed. This Debenture is a direct debt obligation of the Company. This Debenture ranks pari passu with all other Debentures now or hereafter issued under is second in priority to the terms set forth hereinprevious Company/Holder $3,000,000 Debenture covering substantially the same subject matter as this Debenture.
Appears in 1 contract
Samples: Securities Purchase Agreement (Bullion River Gold Corp)
Absolute Obligation. Except as expressly provided herein, no provision of this Debenture 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, applicable on this Debenture at the time, place, and rate, and in the coin or currency, herein prescribed. This Debenture is a direct debt obligation of the Company. This Debenture ranks pari passu with all other Debentures now or hereafter issued under the terms set forth herein.
Appears in 1 contract
Absolute Obligation. Except as expressly provided herein, no provision of this Debenture shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of, liquidated damages and accrued default interest, as applicable, on this Debenture at the time, place, and rate, and in the coin or currency, herein prescribed. This Debenture is a direct debt obligation of the Company. This Debenture ranks pari passu with all other Debentures now or hereafter issued under the terms set forth herein.
Appears in 1 contract
Samples: Debenture Agreement (Capital Growth Systems Inc /Fl/)
Absolute Obligation. Except as expressly provided herein, no provision of this Debenture 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 Debenture at the time, place, and rate, and in the coin or currency, herein prescribed. This Debenture is a direct debt obligation of the Company. This Debenture ranks pari passu with all other Debentures Debt Securities now or hereafter issued under the terms set forth herein.
Appears in 1 contract
Samples: Convertible Security Agreement (Mela Sciences, Inc. /Ny)
Absolute Obligation. Except as expressly provided herein, no provision of this Debenture shall alter or impair the obligation obligations of the CompanyCompany and Parent, which is are absolute and unconditional, to pay the principal of, interest and liquidated damages and accrued interest(if any) on, as applicable, on this Debenture at the time, place, and rate, and in the coin or currency, herein prescribed. This Debenture is a direct debt obligation of both the CompanyCompany and Parent. This Debenture ranks pari passu with all other Debentures now or hereafter issued under the terms set forth herein.
Appears in 1 contract
Samples: Convertible Security Agreement (New Harvest Capital Corp)
Absolute Obligation. Except as expressly provided herein, no provision of this Debenture 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 Debenture at the time, place, and rate, and in the coin or currency, herein prescribed. This Debenture is a direct debt obligation of the Company. This Debenture ranks pari passu with all other Debentures now or hereafter issued under pursuant to the terms set forth hereinPurchase Agreement.
Appears in 1 contract
Samples: Convertible Security Agreement (International Isotopes Inc)