Interest Only Payments. Subject to the terms of Section 1(b) below, on each Payment Date and on the Maturity Date, the Company shall pay to the Holder all interest accrued to date on the entire Principal Amount of this Note (“Interest Amount”), in either cash or in shares of Common Stock at the Company’s option, in accordance with this Section 1.
Appears in 5 contracts
Samples: Convertible Note (Netsol Technologies Inc), Convertible Note (Netsol Technologies Inc), Convertible Note Agreement (Netsol Technologies Inc)
Interest Only Payments. Subject to the terms of Section 1(b) belowhereof, on each Payment Date and on the Maturity Date, the Company shall pay to the Holder all interest accrued to date on the entire Principal Amount of this Note (“Interest Amount”), in either cash or in shares of Common Stock at the Company’s option, in accordance with this Section 1.
Appears in 1 contract
Samples: Convertible Note Agreement (Ecosphere Technologies Inc)
