Common use of MANDATORY PRINCIPAL INSTALLMENTS Clause in Contracts

MANDATORY PRINCIPAL INSTALLMENTS. If this Debenture is not sooner redeemed or converted as provided hereunder, Borrower shall pay to Holder, commencing on February 27, 2007 and continuing on the first day of each successive month thereafter prior to maturity, mandatory principal redemption installments, each of such installments to be in the amount of Ten Dollars ($10) per One Thousand Dollars ($1,000) of the then remaining Principal Amount, and further, at maturity, Borrower shall pay to Holder a final installment of the remaining unpaid Principal Amount and all accrued and unpaid interest on this Debenture and any other charges then due under this Debenture or the Convertible Loan Agreement.

MANDATORY PRINCIPAL INSTALLMENTS. If this Debenture is not sooner redeemed or converted as provided hereunder, Borrower shall pay to Holder, commencing commending on February January 27, 2007 2001 and continuing on the first day of each successive month thereafter prior to maturity, mandatory principal redemption installments, each of such installments to be in the amount of Ten Dollars ($10) per One Thousand Dollars ($1,000) of the then remaining Principal Amount, and further, at maturity, Borrower shall pay to Holder a final installment of the remaining unpaid Principal Amount Amount, and all accrued and unpaid interest on this Debenture and any other charges then due under this Debenture or the Convertible Loan Agreement.