Common use of Interest and Prepayment Clause in Contracts

Interest and Prepayment. This Debenture was issued for an original issue discount. No regularly scheduled interest payments shall be made on this Debenture. Except as otherwise set forth in this Debenture, the Company may not prepay any portion of the Principal Amount of this Debenture without the prior written consent of the Holder.

Appears in 8 contracts

Samples: Security Agreement (Blink Logic Inc.), Blink Logic Inc., Advanced Cell Technology, Inc.

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Interest and Prepayment. This The Company acknowledges and agrees that this Debenture was issued for at an original issue discount. No regularly scheduled Other than default interest, no interest payments shall be made on this Debenture. Except as otherwise set forth in this Debenture, the Company may not prepay any portion of the Principal Amount principal amount of this Debenture without the prior written consent of the Holder.

Appears in 4 contracts

Samples: Capital Growth Systems Inc /Fl/, Capital Growth Systems Inc /Fl/, Capital Growth Systems Inc /Fl/

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Interest and Prepayment. This Debenture was issued for an original issue discountdiscount of $180,000. No Except as otherwise provided, no regularly scheduled interest payments shall be made on this Debenture. Except as otherwise set forth in this Debenture, the Company may not prepay any portion of the Principal Amount principal amount of this Debenture without the prior written consent of the Holder.

Appears in 2 contracts

Samples: Lithium Exploration Group, Inc., Lithium Exploration Group, Inc.

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