Issuance of New Note. Upon any partial redemption of this Note, a new Note containing the same date and provisions of this Note shall, at the request of the Holder, be issued by the Companies to the Holder for the principal balance of this Note and interest which shall not have been paid as of such date. Subject to the provisions of Article III of this Note, the Companies shall not pay any costs, fees or any other consideration to the Holder for the production and issuance of a new Note.
Appears in 7 contracts
Samples: Secured Term Note (Thomas Equipment, Inc.), Secured Term Note (Thomas Equipment, Inc.), Secured Term Note (True North Energy CORP)
Issuance of New Note. Upon any partial redemption of this Note, a new Note containing the same date and provisions of this Note shall, at the request of the Holder, be issued by the Companies to the Holder for the principal balance of this Note and interest which shall not have been paid as of such datepaid. Subject to the provisions of Article III II of this Note, the Companies shall not pay any costs, fees or any other consideration to the Holder for the production and issuance of a new Note.
Appears in 6 contracts
Samples: Secured Revolving Note (Elandia International Inc.), Secured Revolving Note (ProLink Holdings Corp.), Secured Revolving Note (Spacedev Inc)
Issuance of New Note. Upon any partial redemption of this Note, a new Note containing the same date and provisions of this Note shall, at the request of the Holder, be issued by the Companies Company to the Holder for the principal balance of this Note and interest which shall not have been paid as of such date. Subject to the provisions of Article III of this Note, the Companies Company shall not pay any costs, fees or any other consideration to the Holder for the production and issuance of a new Note.
Appears in 5 contracts
Samples: Securities Purchase Agreement (Modtech Holdings Inc), Participating Term Note (Thomas Equipment, Inc.), Secured Term Note (Solar Thin Films, Inc.)
Issuance of New Note. Upon any partial redemption payment of this Note, a new Note containing the same date and provisions of this Note shall, at the request of the Holder, be issued by the Companies Company to the Holder for the principal balance of this Note and interest which shall not have been paid as of such datepaid. Subject to the provisions of Article III IV of this Note, the Companies Company shall not pay any costs, fees or any other consideration to the Holder for the production and issuance of a new Note.
Appears in 3 contracts
Samples: Secured Term Note (Datalogic International Inc), Secured Term Note (Naturade Inc), Secured Term Note (Datalogic International Inc)
Issuance of New Note. Upon any partial redemption loss or destruction of this Note, a new Note containing the same date and provisions of this Note shall, at the request of the Holder, be issued by the Companies Company to the Holder for the principal balance of this Note and interest which shall not have been paid as of such datepaid. Subject to the provisions of Article III of this Note, the Companies The Company shall not pay any costs, fees or any other consideration to the Holder for the production and issuance of a new Note.
Appears in 2 contracts
Samples: Secured Term Note (Implant Sciences Corp), Secured Term Note (Implant Sciences Corp)
Issuance of New Note. Upon any partial redemption conversion of this Note, a new -------------------- Note containing the same date and provisions of this Note shall, at the request of the Holder, be issued by the Companies Company to the Holder for the principal balance of this Note and interest which shall not have been paid as of such dateconverted or paid. Subject to the provisions of Article III IV of this Note, the Companies Company shall not pay any costs, fees or any other consideration to the Holder for the production and issuance of a new Note.
Appears in 1 contract
Samples: Secured Convertible Term Note (Windswept Environmental Group Inc)
Issuance of New Note. Upon any partial redemption conversion of this Note, ---------------------- a new Note containing the same date and provisions of this Note shall, at the request of the Holder, be issued by the Companies Company to the Holder for the principal balance of this Note and interest which shall not have been paid as of such dateconverted or paid. Subject to the provisions of Article III IV of this Note, the Companies Company shall not pay any costs, fees or any other consideration to the Holder for the production and issuance of a new Note.
Appears in 1 contract
Samples: Secured Convertible Term Note (New Century Energy Corp.)
Issuance of New Note. Upon any partial redemption conversion of this Note, a -------------------- new Note containing the same date and provisions of this Note shall, at the request of the Holder, be issued by the Companies Company to the Holder for the principal balance of this Note and interest which shall not have been paid as of such dateconverted or paid. Subject to the provisions of Article III IV of this Note, the Companies Company shall not pay any costs, fees or any other consideration to the Holder for the production and issuance of a new Note.
Appears in 1 contract
Samples: Secured Convertible Term Note (New Century Energy Corp.)
Issuance of New Note. Upon any partial redemption conversion of this Note, a new Note containing the same date and provisions of this Note shall, at the request of the Holder, be issued by the Companies to the Holder for the principal balance of this Note and interest which shall not have been paid as of such dateconverted or paid. Subject to the provisions of Article III IV of this Note, the Companies shall not pay any costs, fees or any other consideration to the Holder for the production and issuance of a new Note.. EVENTS OF DEFAULT
Appears in 1 contract
Samples: Secured Convertible Term Note (American Mold Guard Inc)
Issuance of New Note. Upon any partial redemption prepayment of this Note, a new Note containing the same date and provisions of this Note shall, at the request of the Holder, be issued by the Companies to the Holder for the principal balance of this Note and interest which shall not have been paid as of such dateconverted or paid. Subject to the provisions of Article III of this Note, the Companies shall not pay any costs, fees or any other consideration to the Holder for the production and issuance of a new Note.
Appears in 1 contract
Issuance of New Note. Upon any partial redemption of this Note, a new Note containing the same date and provisions of this Note shall, at the request of the Holder, be issued by the Companies to the Holder for the principal balance of this Note and interest which shall not have been paid as of such date. Subject to the provisions of Article III of this Note, the Companies shall not pay any costs, fees or any other consideration to the Holder for the production and issuance of a new Note.such
Appears in 1 contract
Issuance of New Note. Upon any partial redemption of this -------------------- Note, a new Note containing the same date and provisions of this Note shall, at the request of the Holder, be issued by the Companies Company to the Holder for the principal balance of this Note and interest which shall not have been paid as of such dateconverted or paid. Subject to the provisions of Article III of this Note, the Companies Company shall not pay any costs, fees or any other consideration to the Holder for the production and issuance of a new Note.
Appears in 1 contract
Issuance of New Note. Upon any partial redemption conversion of this Note, a new --------------------- Note containing the same date and provisions of this Note shall, at the request of the Holder, be issued by the Companies Company to the Holder for the principal balance of this Note and interest which shall not have been paid as of such dateconverted or paid. Subject to the provisions of Article III IV of this Note, the Companies Company shall not pay any costs, fees or any other consideration to the Holder for the production and issuance of a new Note.
Appears in 1 contract
Samples: Secured Convertible Term Note (New Century Energy Corp.)
Issuance of New Note. Upon any partial redemption of this Note, a new ---------------------- Note containing the same date and provisions of this Note shall, at the request of the Holder, be issued by the Companies to the Holder for the principal balance of this Note and interest which shall not have been paid as of such datepaid. Subject to the provisions of Article III II of this Note, the Companies shall not pay any costs, fees or any other consideration to the Holder for the production and issuance of a new Note.
Appears in 1 contract
Issuance of New Note. Upon any partial redemption of this Note, a new ---------------------- Note containing the same date and provisions of this Note shall, at the request of the Holder, be issued by the Companies to the Holder for the principal balance of this Note and interest which shall not have been paid as of such date. Subject to the provisions of Article III of this Note, the Companies shall not pay any costs, fees or any other consideration to the Holder for the production and issuance of a new Note.
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Issuance of New Note. Upon any partial redemption conversion of this Note, a new Note containing the same date and provisions of this Note shall, at the request of the Holder, be issued by the Companies Company to the Holder for the principal balance of this Note and interest which shall not have been paid as of such dateconverted or paid. Subject to the provisions of Article III of this Note, the Companies Company shall not pay any costs, fees or any other consideration to the Holder for the production and issuance of a new Note.
Appears in 1 contract
Samples: Secured Revolving Note (Earthfirst Technologies Inc)
Issuance of New Note. Upon any partial redemption of this Note, a new Note containing the same date and provisions of this Note shall, at the request of the Holder, be issued by the Companies Company to the Holder for the principal balance of this Note and interest which shall not have been paid as of such dateconverted or paid. Subject to the provisions of Article III of this Note, the Companies Company shall not pay any costs, fees or any other consideration to the Holder for the production and issuance of a new Note.
Appears in 1 contract
Samples: Secured Term Note (Thinkpath Inc)
Issuance of New Note. Upon any partial redemption conversion of this Note, a new Note containing the same date and provisions of this Note shall, at the request of the Holder, be issued by the Companies Company to the Holder for the principal balance of this Note and interest which shall not have been paid as converted or paid. Upon reissuance to the Holder of such dateeach new Note, the Holder shall promptly return to the Company the Note replaced thereby. Subject to the provisions of Article III IV of this Note, the Companies Company shall not pay any costs, fees or any other consideration to the Holder for the production and issuance of a new Note.
Appears in 1 contract
Samples: Secured Convertible Term Note (Path 1 Network Technologies Inc)
Issuance of New Note. Upon any partial redemption conversion of this Note, upon the surrender of the original Note outstanding at the time of the conversion, a new Note containing the same date and provisions of this Note shall, at the request of the Holder, be issued by the Companies Company to the Holder for the principal balance of this Note and interest which shall not have been paid as of such dateconverted or paid. Subject to the provisions of Article III IV of this Note, the Companies Company shall not pay any costs, fees or any other consideration to the Holder for the production and issuance of a new Note.
Appears in 1 contract
Issuance of New Note. Upon any partial redemption conversion of this Note, a new Note containing the same date and provisions of this Note shall, at the request of the Holder, be issued by the Companies Company to the Holder for the principal balance of this Note and interest which shall not have been paid as of such dateconverted or paid. Subject to the provisions of Article III IV of this Note, the Companies Company shall not pay any costs, fees or any other consideration to the Holder for the production and issuance of a new Note.. ARTICLE IV
Appears in 1 contract
