Common use of Interest After Redemption Date Clause in Contracts

Interest After Redemption Date. If the Redemption Price of such Debenture is paid in full to the Holder of the Debenture on the Redemption Date, this Debenture shall not be entitled to any interest accruing after such date and on such date, all rights of the Holder of the Debenture shall cease, and the Debenture shall no longer be deemed to be issued and outstanding.

Appears in 5 contracts

Samples: Securities Purchase Agreement (Cryocon Inc), Securities Purchase Agreement (Cryocon Inc), Securities Purchase Agreement (Cryocon Inc)

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Interest After Redemption Date. If the Redemption Price of such Debenture is paid in full to the Holder of the such Debenture on the Redemption Date, this Debenture shall not be entitled to any interest accruing after such date and on such date, all rights of the Holder holder of the Debenture shall cease, and the such Debenture shall no longer be deemed to be issued and outstanding.

Appears in 2 contracts

Samples: Purchase Agreement (Cryocon Inc), Purchase Agreement (Cryocon Inc)

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Interest After Redemption Date. If the Redemption Price (plus accrued and unpaid interest and penalties thereon) of such Debenture is paid in full to the Holder of the such Debenture on the Redemption Date, this Debenture shall not be entitled to any interest accruing after such date and on such date, all rights of the Holder holder of the Debenture shall cease, and the such Debenture shall no longer be deemed to be issued and outstanding.

Appears in 1 contract

Samples: Securities Purchase Agreement (Flexpoint Sensor Systems Inc)

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