Application of Exercise Prices. Reorganized Prism shall ------------------------------ apply all proceeds from the exercise of any options or warrants to purchase capital stock of Reorganized Prism to the reduction of the Remaining Debt, first to any accrued, unpaid interest and then to principal.
Appears in 1 contract
Application of Exercise Prices. Reorganized Prism shall apply ------------------------------ apply all proceeds from the exercise of any options or warrants to purchase capital stock of Reorganized Prism to the reduction of the Remaining Debt, first to any accrued, unpaid interest and then to principal.
Appears in 1 contract
Samples: Override Agreement (Video City Inc)
Application of Exercise Prices. Reorganized Prism shall ------------------------------ apply all ------------------------------ proceeds from the exercise of any options or warrants to purchase capital stock of Reorganized Prism to the reduction of the Remaining Debt, first to any accrued, unpaid interest and then to principal.
Appears in 1 contract
Application of Exercise Prices. Reorganized Prism shall ------------------------------ apply all proceeds from the exercise of any options or warrants to purchase capital stock of Reorganized Prism to the reduction of the Remaining Debt, first to any accrued, unpaid interest and then to principal.
Appears in 1 contract
