Accrued Interest to Date. As additional consideration, the Parties agree that all accrued and unpaid interest on the Principal Amount as of June 30, 2020 shall be converted into the Principal Amount (“Additional Principal Amount”) and shall earn interest per the Promissory Note.
Appears in 2 contracts
Samples: Secured Promissory Note (Flux Power Holdings, Inc.), Secured Promissory Note (Flux Power Holdings, Inc.)
Accrued Interest to Date. As additional consideration, the Parties agree that all accrued and unpaid interest on the Principal Amount as of June 30July 27, 2020 2020, which equals the amount of $968,603 shall be converted into the Principal Amount (“Additional Principal Amount”) and shall earn interest per the Promissory Amended Note.
Appears in 1 contract
Samples: Unsecured Promissory Note (Flux Power Holdings, Inc.)
Accrued Interest to Date. As additional consideration, the Parties agree agreed that all accrued and unpaid interest on the Principal Amount as of June 30, 2020 shall be converted into the Principal Amount (“Additional Principal Amount”) and shall earn interest per the Promissory Amended Note.
Appears in 1 contract
Samples: Unsecured Promissory Note (Flux Power Holdings, Inc.)
Accrued Interest to Date. As additional consideration, the Parties agree agreed that all accrued and unpaid interest on the Principal Amount as of June 30May 31, 2020 shall be converted into the Principal Amount (“Additional Principal Amount”) and shall earn interest per the Promissory Amended Note.
Appears in 1 contract
Samples: Unsecured Promissory Note (Flux Power Holdings, Inc.)
Accrued Interest to Date. As additional consideration, the Parties agree agreed that all accrued and unpaid interest on the Principal Amount as of June April 30, 2020 shall be converted into the Principal Amount (“Additional Principal Amount”) and shall earn interest per the Promissory Amended Note.
Appears in 1 contract
Samples: Unsecured Promissory Note (Flux Power Holdings, Inc.)
