Common use of Modalities Clause in Contracts

Modalities. Except as provided in paragraph (1) of Article XI or in Section 5 of the Terms of the Notes, any transfer by the Company as per (1) and (2) above, shall be made in US Dollars freely disposable, without any restrictions, and whatever the circumstances may be, irrespective of the nationality or domicile of the holder of Notes and/or Coupons, and without requiring any affidavit, or the fulfilment of any other formality.

Appears in 2 contracts

Samples: Note Purchase Agreement (Showscan Entertainment Inc), Note and Warrant Purchase Agreement (Intellicall Inc)

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Modalities. Except as provided in paragraph (1) of Article XI or in Section 5 of the Terms of the Notes, any transfer by the Company as per (1) and (2) above, shall be made in US Dollars freely disposable, without any restrictions, and whatever the circumstances may be, irrespective of the nationality or domicile of the holder of Notes and/or Coupons, and without requiring any affidavit, or the fulfilment fulfillment of any other formality.

Appears in 1 contract

Samples: Note and Warrant Purchase Agreement (Intellicall Inc)

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Modalities. Except as provided in paragraph (1I) of Article XI or in Section 5 of the Terms of the Notes, any transfer by the Company as per (1) and (2) above, shall be made in US Dollars freely disposable, without any restrictions, and whatever the circumstances may be, irrespective of the nationality or domicile of the holder of Notes and/or Coupons, and without requiring any affidavit, . or the fulfilment of any other formality.

Appears in 1 contract

Samples: Note and Warrant Purchase Agreement (Bitwise Designs Inc)

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