Common use of Interest Make Whole Clause in Contracts

Interest Make Whole. In the event that this Note is converted, prepaid and/or accelerated whether as a result of an Event of Default or otherwise prior to the Maturity Date, the Company shall pay to the Holder, in addition to any other amounts then owed, upon such conversion, prepayment, and/or acceleration, an amount in interest equal to the amount of interest on the principal amount so converted, prepaid and/or accelerated that would otherwise have been payable if such principal amount had remained outstanding until the Maturity Date.

Appears in 4 contracts

Samples: Spectrum Global Solutions, Inc., Mantra Venture Group Ltd., Mantra Venture Group Ltd.

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