Common use of Interest Prepayment Clause in Contracts

Interest Prepayment. The Company acknowledges and agrees that this Note shall bear interest at a rate of 15% per annum to be paid quarterly in cash on each of March 31, June 30, September 30 and December 31; provided, that interest payable on December 31, 2017 shall be due and payable on January 11, 2018. Regularly scheduled interest payments shall be made on this Note. All payments hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”). At the discretion of the Company, the Principal Amount and unpaid accrued interest of the Convertible Notes may be prepaid at anytime, provided that written notice is provided to the Holder at least 15 days in advance of the prepayment.

Interest Prepayment. The Company acknowledges and agrees that this Note shall bear has been issued with an annual interest at a rate of 1512% per annum to be paid quarterly in cash arrears. Regularly scheduled interest payments shall be made within ten days of the completion of each quarter on this Note on each of successive March 31, June 30, September 30 and December 31; provided, that interest payable on December 31, 2017 shall be due and payable on January 11, 2018. Regularly scheduled interest payments shall be made on this Note. All payments hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”). At the discretion of the Company, the Principal Amount and unpaid accrued interest of the Convertible Notes may be prepaid at anytimeany time, provided that written notice is provided to the Holder note holders at least 15 days in advance of the prepayment.

Interest Prepayment. The Company acknowledges and agrees that this Note shall bear has been issued with an annual interest at a rate of 15% per annum to be paid quarterly in cash on each of March 31, June 30, September 30 and December 31; provided, that interest payable on December 31, 2017 shall be due and payable on January 11, 2018quarterly. Regularly scheduled interest payments shall be made on this Note. All payments hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”). At the discretion of the Company, the Principal Amount and unpaid accrued interest of the Senior Secured Convertible Notes may be prepaid at anytimeany time, provided that written notice is provided to the Holder note holders at least 15 days in advance of the prepayment.

Interest Prepayment. The Company acknowledges and agrees that this Note shall bear has been issued with an annual interest at a rate of 1512% per annum to be paid quarterly in cash quarterly. Regularly scheduled interest payments shall be made on this Note on each of successive March 31, June 30, September 30 and December 31; provided, that interest payable on December 31, 2017 shall be due and payable on January 11, 2018. Regularly scheduled interest payments shall be made on this Note. All payments hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”). At the discretion of the Company, the Principal Amount and unpaid accrued interest of the Senior Secured Convertible Notes may be prepaid at anytimeany time, provided that written notice is provided to the Holder note holders at least 15 days in advance of the prepayment.