Failure to Timely Deliver. If the Company fails to issue and deliver (or cause to be delivered) to the Buyer by the Required Delivery Date a new Note so delivered to the Company by such Buyer that is free from all restrictive and other legends, then, in addition to all other remedies available to such Buyer, the Company shall pay in cash to such Buyer on each day after the Required Delivery Date that the issuance is not timely effected an amount equal to 2% of the original principal amount of such Buyer’s Note.
Appears in 4 contracts
Samples: Securities Purchase Agreement (Lm Funding America, Inc.), Securities Purchase Agreement (Lm Funding America, Inc.), Securities Purchase Agreement (Lm Funding America, Inc.)
Failure to Timely Deliver. If the Company fails to issue and deliver (or cause to be delivered) to the Buyer Investor by the Required Delivery Date a new Note so delivered to the Company by such Buyer Investor that is free from all restrictive and other legends, then, in addition to all other remedies available to such BuyerInvestor, the Company shall pay in cash to such Buyer Investor on each day after the Required Delivery Date that the issuance is not timely effected an amount equal to 2% of the original principal amount of such Buyer’s Investor's Note.
Appears in 4 contracts
Samples: Note Purchase Agreement (Top Ships Inc.), Note Purchase Agreement (Top Ships Inc.), Note Purchase Agreement (Top Ships Inc.)
Failure to Timely Deliver. If the Company fails to issue and deliver (or cause to be delivered) to the Buyer Investor by the Required Delivery Date a new Note so delivered to the Company by such Buyer Investor that is free from all restrictive and other legends, then, in addition to all other remedies available to such BuyerInvestor, the Company shall pay in cash to such Buyer Investor on each day after the Required Delivery Date that the issuance is not timely effected an amount equal to 2% of the original principal amount of such Buyer’s Investor's Note.
Appears in 2 contracts
Samples: Note Purchase Agreement (Top Ships Inc.), Note Purchase Agreement (Top Ships Inc.)
