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: Convertible Security Agreement (Blink Logic Inc.), Convertible Security Agreement (Blink Logic Inc.), Convertible Security Agreement (Blink Logic Inc.)
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: Security Agreement (Capital Growth Systems Inc /Fl/), Security Agreement (Capital Growth Systems Inc /Fl/), Security Agreement (Capital Growth Systems Inc /Fl/)
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: Convertible Security Agreement (Lithium Exploration Group, Inc.), Convertible Security Agreement (Lithium Exploration Group, Inc.)
