Late Payment Penalty. If any portion of the principal of or interest on this Debenture shall not be paid within ten (10) days of when it is due, the Discount Multiplier under this Debenture shall decrease by one percentage point (1%) for all conversions of this Debenture thereafter.
Appears in 15 contracts
Samples: 3dicon Corp, Celsius Holdings, Inc., MultiCell Technologies, Inc.
Late Payment Penalty. If any portion of the principal of or interest on this Debenture shall not be paid within ten (10) days of when it is due, the Discount Multiplier under this Debenture shall decrease by one percentage point (1%) for each period of ten (10) Business Days that any portion of such amount remains unpaid by the Company for all conversions of this Debenture thereafter.
Appears in 11 contracts
Samples: Securities Purchase Agreement (Mphase Technologies Inc), Genmed Holding Corp, Genmed Holding Corp
Late Payment Penalty. If any portion of the principal of or interest on this Debenture shall not be paid within ten (10) days of when it is due, the Discount Multiplier under this Debenture Debenture, and under all warrants granted by the Company to the Holder, shall decrease by one percentage point (1%) for all conversions of this Debenture and warrant exercises thereafter.
Appears in 11 contracts
Samples: Diatect International Corp, Direct Response Financial Services Inc, Magic Media Networks Inc
Late Payment Penalty. If any portion of the principal of --------------------- or interest on this Debenture shall not be paid within ten (10) days of when it is due, the Discount Multiplier under this Debenture Debenture, and under all warrants granted by the Company to the Holder, shall decrease by one percentage point (1%) for all conversions of this Debenture and warrant exercises thereafter.
Appears in 2 contracts
Samples: Seven Charles C, Thinka Weight Loss Corp
Late Payment Penalty. If any portion of the principal of or ---------------------- interest on this Debenture shall not be paid within ten (10) days of when it is due, the Discount Multiplier under this Debenture Debenture, and under all warrants granted by the Company to the Holder, shall decrease by one percentage point (1%) for all conversions of this Debenture and warrant exercises thereafter.
Appears in 1 contract
Samples: Invicta Group Inc
Late Payment Penalty. If any portion of the principal of or interest on this Debenture shall not be paid within ten (10) days of when it is due, the Discount Multiplier under this Debenture Debenture, and under all warrants granted by the Company to the Holder, shall decrease by one percentage point (1%) for all conversions of this Debenture and warrant exercises occurring until the date such payment is made and for one month thereafter.. 12 ------------------- -------------------- Initials Initials
Appears in 1 contract
Samples: Dnaprint Genomics Inc
Late Payment Penalty. If any portion of the principal of or interest on this Debenture shall not be paid within ten (10) days of when it is due, the Discount Multiplier under this Debenture Debenture, and under all warrants granted by the Company to the Holder, shall decrease by an aggregate of one percentage point (1%) for all conversions of this Debenture and warrant exercises thereafter.. ----------- ----------- Initials 12 Initials
Appears in 1 contract
Samples: Peabodys Coffee Inc/Nv
Late Payment Penalty. If any portion of the principal of or ---------------------- interest on this Debenture shall not be paid within ten (10) days of when it is due, the Discount Multiplier under this Debenture shall decrease by one percentage point (1%) for all conversions of this Debenture thereafter.
Appears in 1 contract
Samples: World Golf League Inc
Late Payment Penalty. If any portion of the principal of or interest on ---------------------- this Debenture shall not be paid within ten (10) days of when it is due, the Discount Multiplier under this Debenture Debenture, and under all warrants granted by the Company to the Holder, shall decrease by one percentage point (1%) for all conversions of this Debenture and warrant exercises thereafter.
Appears in 1 contract
Samples: World Golf League Inc
Late Payment Penalty. If any portion of the principal of or interest on this Debenture shall not be paid within ten (10) days of when it is due, the Discount Multiplier under this Debenture shall decrease by one percentage point (1%) fore ach period of then (10) Business Days that any portion of such amount remains unpaid by the Company for all conversions of this Debenture thereafter.
Appears in 1 contract
Samples: Last Mile Logistics Group, Inc.
Late Payment Penalty. If any portion of the principal of or interest on this Debenture shall not be paid within ten (10) days of when it is due, the Discount Multiplier under this Debenture Debenture, and under all warrants granted by the Company to the Holder, shall decrease by one percentage point (1%) point for all conversions of this Debenture and warrant exercises thereafter.
Appears in 1 contract
Samples: Integrated Surgical Systems Inc
Late Payment Penalty. If any portion of the principal of or interest on this Debenture shall not be paid within ten (10) days of when it is due, the Discount Multiplier under this Debenture shall decrease by one percentage point (1%) for all conversions of this Debenture thereafter.. ___________________ Initials ____________________ Initials
Appears in 1 contract
Samples: 3dicon Corp
Late Payment Penalty. If any portion of the principal of ---------------------- or interest on this Debenture shall not be paid within ten (10) days of when it is due, the Discount Multiplier under this Debenture Debenture, and under all warrants granted by the Company to the Holder, shall decrease by one percentage point (1%) for all conversions of this Debenture and warrant exercises thereafter.
Appears in 1 contract
Samples: Sequiam Corp