Common use of Maturity Date Payment Clause in Contracts

Maturity Date Payment. On the Maturity Date, the Company shall redeem one hundred percent (100%) of the face principal amount of this Note (the “Principal Payment”) together with all accrued and unpaid interest thereon. The Principal Payment together with all accrued and unpaid interest thereon, shall, at the option of the Holder, be made in cash or, subject to fulfillment of the Equity Conditions on the Maturity Date, be made in Common Stock at the Conversion Price.

Appears in 4 contracts

Samples: Mobiquity Technologies, Inc., Mobiquity Technologies, Inc., Mobiquity Technologies, Inc.

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Maturity Date Payment. On the Maturity Date, the Company shall redeem one hundred percent (100%) of the face principal amount of this Note (the “Principal Payment”) together with all accrued and unpaid interest thereon. The Principal Payment together with all accrued and unpaid interest thereon, thereon shall, at the option of the Holder, be made in cash or, subject to fulfillment of the Equity Conditions on the Maturity Date, be made in Common Stock at the Conversion Price.

Appears in 2 contracts

Samples: Mobiquity Technologies, Inc., Mobiquity Technologies, Inc.

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