Initial Maturity Date. On the Initial Maturity Date, and subject to the Maturity Extension Option (as defined below), the Company shall pay to the Holder all principal of and interest (and other amounts) accrued on this Note (collectively, the “Obligations”) either (i) in cash or (ii) to the extent permitted through an Exchange in accordance with Section 2(c) below.
Appears in 5 contracts
Samples: Senior Convertible Note (Earth Biofuels Inc), Senior Convertible Note (Earth Biofuels Inc), Senior Convertible Note (Earth Biofuels Inc)
Initial Maturity Date. On the Initial Maturity Date, and subject to the Maturity Extension Option (as defined below), the Company shall pay to the Holder all principal of and interest (and other amounts) accrued on this Note (collectively, the “Obligations”) either (i) in cash or (ii) to the extent permitted through an Exchange in accordance with Section 2(c) below.
Appears in 1 contract