Common use of Interest and Prepayment Clause in Contracts

Interest and Prepayment. 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 10 contracts

Samples: Inspyr Therapeutics, Inc., Inspyr Therapeutics, Inc., Inspyr Therapeutics, Inc.

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Interest and Prepayment. 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 1 contract

Samples: Oxis International Inc

Interest and Prepayment. 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. Upon conversion of this Debenture pursuant to Section 4 hereof, all amounts of accrued and unpaid interest on the principal amount of this Debenture so converted shall be converted into the Company’s Common Stock upon the same terms as such principal amount.

Appears in 1 contract

Samples: Oxis International Inc

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Interest and Prepayment. No regularly scheduled interest payments shall be made on this DebentureNote. Except as otherwise set forth in this DebentureNote, the Company may not prepay any portion of the principal amount of this Debenture Note without the prior written consent of the Holder.

Appears in 1 contract

Samples: Linux Gold Corp

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